Trading / Account Types / Comparative table
TenkoFX’s novel offering lets you trade Bitcoin and Litecoin against USD, EUR or RUB in a true ECN environment!
Bitcoin and Litecoin proved to have great potential for investment and speculation, due to their high volatility and dramatic price moves.
TenkFX lets you trade cryptocurrencies Bitcoin, Litecoin against the US Dollar, Euro or Russian Ruble in the form of CFDs. We use top Liquidity providers (Exchanges) to agregate liquidity and hedge the risks of client's exposure. Our order execution is based on the ECN Aggregator.
You get the tight market spread and low trading commissions, while the broker benefits as your traded volume and profits grow. All popular Forex trading styles including scalping, hedging and all types of expert advisors are allowed. Available leverage is 1:3.
Contract specifications for Crypto accounts
Crypto trading account |
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| Account currency | USD, EUR, GBP, RUB, JPY, ETC Bitcoin (mBTC)*, Litecoin (LTC) |
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from $10 (or the equivalent in another currency) |
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without limitations |
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floating |
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0.5% half-turn** |
| Execution | market |
| Minimum transaction size | 0.01 lots |
| Maximum transaction size | without limitations |
| Leverage | up to 1:3 |
| Margin call | 30% |
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15% |
| Demo accounts | Yes |
| Islamic accounts | No, SWAP from 5% per annum*** |
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43 pairs with BTC, BCH, EOS, Ripple Monero, LTC, etc. |
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No |
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Yes |
| Scalping | Yes |
| Hedging | Yes |
| News trading | Yes |
| Phone dealing | Yes |
| Market depth with level 2 quotes | Yes |
| Trading time | 24/7 |
| Inactive account fees | maintenance
- $10 per month reactivation - $50 |
*All values for Bitcoin-based accounts in MetaTrader 4 (including account balance, profit, etc) are indicated in mBTC (milibitcoin). 1 mBTC equals 0.001 BTC. All values for Litecoin-based accounts in MetaTrader 4 are indicated using 1 LTC (Litecoin).
**The round-turn commission is equal to 1% of the base currency. Right
after you open a trade, you will see the round turn commission charged.
Trading commissions are a subject to review in case of high trading volumes.
The minimum commission per transaction is 0.01 units of the MT4 account currency.
Commission may vary if you open an account through an affiliate, IB or franchise. Please
contact your referring agent for details.
***For overnight positions Swap is 10% per annum. On the night from Wednesday to Thursday triple SWAP is charged.
