Global Broker Regulation Inquiry App
WikiFX
qirhost 
1-2 years
Can I trust TenTrade with my funds?
Broker Issues
Regulation
07-02
United States
WikiFX
Reply
While TenTrade is regulated by the Seychelles FSA, which ensures a basic level of security, the fact that it's offshore raises concerns for me. The unverified CySEC status also doesn’t inspire complete trust. I would need to consider my risk tolerance carefully before investing larger amounts, as the level of investor protection is not as strong as with brokers regulated in the EU or UK.
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