High Risk
Reported as a scam / unregulated
SF-705407registry entry
Why TenXTrade is on the register
TenXTrade claims to be a registered trademark of TenXTrade (PTY) Ltd, a Juristic Representative of FSCA-regulated (the South Africa Financial Services Conduct Authority) Broker holding an FSP license. However, we did not find any match results to TenXTrade or TenXTrade (PTY) Ltd in FSCA. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, TenXTrade is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.