Sep 9, 2014 Company News
We believe it is important for all our clients to be aware that money transfer systems charge TenkoFX fees for each incoming and outgoing transfer you initiate.
Account funding options like Skrill, Neteller or Credit/Debit card processing cost the company at least 3.5%. Withdrawals also incur significant transaction costs.
A quick glance at our Deposit & Withdrawal terms clearly shows that up until now, our company has covered these costs for our clients – partially or in full. We consider it important to convey this message to our customers, to ensure that this service is appreciated.
Unfortunately this practice of covering 100% of costs related to money transfers hampers the effectiveness of our business. It has therefore been decided that a cost sharing policy will be adopted going forward. Effective from the 10th of September TenkoFX will allow for 2 free money withdrawals within any 30 day period. If more than two withdrawals are made within 30 days, the costs of additional withdrawals will be transferred on to the client.
For full details please check the Deposit & Withdrawal terms with the Trader sections of the website. We appreciate your understanding regarding this necessary change and ask you to please avoid unnecessary recurrent in and out payments. It is our priority to run an efficient and cost-effective business, which ultimately supports our competitive trading terms for the benefit of our traders.
TenkoFX Financial Department
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News