TenTrade

What TenTrade does

TenTrade is a Seychelles-regulated retail CFD brokerage that operates the brand under Evalanch Ltd (FSA license SD082), offering leveraged trading across forex, indices, commodities, shares, and cryptocurrencies to a base of 250,000+ active traders in 30+ countries. The platform is built on the third-party MetaTrader 5 stack with WebTrader and mobile access, supplemented by proprietary positioning around dynamic leverage (up to 1:2000) and execution speed (claimed sub-5ms average with no requotes). Its product portfolio includes four core brokerage account types (PRO, ECN, Swap Free, Dynamic Leverage), a funded trading franchise (TenEdge and TenExpress, offering capital up to $500K with a 70% profit split backed by $25M in allocated capital), Copy Trading, and a PAMM program for managed accounts.

Revenue is generated primarily through spreads and commissions on trading volume, evaluation fees on funded-trading challenges (starting at $32), partner-driven affiliate/IB commissions (CPA, revshare, and hybrid), and inactivity fees ($15/month after three months of dormancy). Distribution is multi-channel: a self-serve online registration flow with multilingual support (10 languages), a large Introducing Broker and affiliate network processing 15,000+ payouts at over $1M per month, a high-profile global brand ambassador (Luis Figo), and a recently expanded regional sales presence targeting Africa. The company is privately held by four partners (three founders plus a CRO recruited from INGOT Brokers) with no disclosed institutional funding, and is excluded from regulated markets including the US, Japan, Canada, and the EEA.

Name

TenTrade

Legal name

Evalanch Ltd

Website

https://tentrade.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

TenTrade is a Seychelles-regulated retail CFD brokerage offering forex, indices, commodities, shares, and crypto trading on MetaTrader 5 to 250,000+ active traders across 30+ countries, with funded trading, copy trading, PAMM, and a large IB/affiliate partner network.

Ownership category

akta.pro rank

Product category

Online Retail Brokerage

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Commodity Contracts Intermediation (523160), Investment Banking and Securities Intermediation (523150)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro industry

PRIMARYFSAFADAD

Retail FX/CFD Broker Trading Venues

Financial & Insurance/Financial Exchanges & Market Infrastructure/Foreign Exchange (FX) Trading Venues

Keywords

• Online forex trading
• CFD brokerage
• Funded trading programs
• MetaTrader 5 platform
• Copy trading services

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Brokerage Spreads and Commissions: Earns revenue from spreads on PRO accounts (zero commission) and commissions on ECN accounts ($3/lot per side). Higher spreads on standard accounts, tighter spreads on ECN with commission.
2. Funded Trading Evaluation Fees: Charges evaluation fees starting from $32 for TenExpress and TenEdge challenge programs. Revenue from traders seeking funded accounts.
3. Partner Commissions: Revenue sharing with IBs and affiliates who bring new customers. CPA payments for first deposits, revshare from trading volume. VIP program contributions from partner revenue.
4. Inactivity Fees: $15 per month fee applied to accounts inactive for 3 months or more.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

TenTrade is a multi-asset online CFD brokerage providing retail trading on forex, indices, commodities, shares, and cryptocurrencies via MetaTrader 5, WebTrader, and mobile platforms. It offers multiple account types (PRO, ECN, Swap Free, Dynamic Leverage 1:2000) and funded trading programs (TenEdge, TenExpress) where traders can access up to $500K of company capital and keep 70% of profits. Additional services include copy trading, PAMM fund management, and a global IB/affiliate partner program.

Product overview

TenTrade is a next-generation multi-asset CFD brokerage offering a comprehensive trading ecosystem. The core platform centers on MetaTrader 5 with web and mobile accessibility, supporting forex, indices, commodities, shares, and cryptocurrencies. The product portfolio includes four brokerage account types (PRO, ECN, Swap Free, Dynamic Leverage 1:2000) with varying commission structures and leverage options up to 1:2000. Funded trading programs (TenEdge Instant, TenEdge Challenge, TenExpress Instant, TenExpress Challenge, Funded Trader) allow traders to access capital up to $500K while keeping 70% of profits. Additional services include Copy Trading for social trading, PAMM Program for fund management, educational resources (Learning Hub, Webinars), and a Partner Program with IB, Affiliate, and VIP partnership models. The platform serves clients in 30+ countries with 24/7 customer support and claims over 250,000 active traders.

Differentiator

Problem solved

Functional benefit

Brands

• TenEdge: Funded trading program featuring TenEdge Instant and TenEdge Challenge options for traders to access funded capital
• TenExpress
• PRO Account
• ECN Account
• Dynamic Leverage Account

Products and services

• PRO Account Standard retail brokerage account with spreads from 1.1 pips, zero commission, no minimum deposit, and leverage up to 1:500, designed for everyday retail CFD traders.
• ECN Account Electronic Communication Network account for professional traders with spreads from 0 pips, $3 per lot per side commission, $25 minimum deposit, and leverage up to 1:500.
• Swap Free Account Islamic-friendly brokerage account without overnight swap/rollover fees, designed for traders who require Sharia-compliant trading conditions.
• Dynamic Leverage 1:2000 Account High-leverage brokerage account offering dynamic leverage up to 1:2000 with built-in risk management, targeted at traders seeking maximum position-sizing flexibility.
• TenEdge Instant Funded Account Instant funded trading account providing immediate access to TenTrade capital without evaluation requirements, allowing traders to begin trading with company funds right away.
• TenEdge Challenge Funded Account Challenge-based funded trading evaluation program where traders pass staged objectives to unlock TenEdge capital, paying an evaluation fee to participate.
• TenExpress Instant Funded Account Instant funding account under the TenExpress brand offering immediate trading with company capital and a 70% profit split to the trader.
• TenExpress Challenge Evaluation 1-step evaluation challenge under the TenExpress brand with a 10% profit target objective, granting successful traders access to funded status with a 70% profit split.
• Funded Trader Status Post-evaluation funded account status for approved traders, allowing them to trade with company capital up to $500K and keep 70% of generated profits.
• Copy Trading Social/copy trading service allowing follower clients to automatically replicate positions opened by experienced leader traders on TenTrade accounts.
• PAMM Program Percentage Allocation Management Module service enabling professional fund managers to trade aggregated capital from multiple investors with proportional profit and loss distribution.
• MetaTrader 5 Platform Multi-asset MetaTrader 5 trading platform with 80+ technical indicators, Expert Advisors (EAs) for algorithmic trading, one-click trading, and hedging, available on desktop, web, and mobile.
• WebTrader Browser-based trading platform providing TenTrade account access without software installation, supporting core trading functions through the web.
• Partner Program Partnership program offering Introducing Broker (IB), Affiliate (CPA), Hybrid IB & Affiliate, and VIP partnership models with competitive commissions, marketing tools, and performance tracking for client referrals.

Quantifiable outcome

• Execution speed of less than 5ms with no requotes or rejections
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Luis FigoflagshipGTM or Marketing PartnerFootball legend Luis Figo serves as Global Brand Ambassador for TenTrade. This high-profile partnership provides brand credibility and marketing appeal, particularly in Africa and MENA regions where Figo has significant recognition.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• FBS: Global retail FX/CFD broker targeting emerging markets with high leverage, IB/affiliate focus, and educational content. Comparable on target geography, leverage offerings, and partner-led GTM.
• Pepperstone: Established retail FX/CFD broker with MetaTrader/TradingView/cTrader platforms, tight spreads, and strong affiliate channel. Comparable on technology stack, account structure, and partner-driven acquisition model.
• HFM (HF Markets): Global retail FX/CFD broker with extensive IB program, multiple account tiers, swap-free/Islamic accounts, and significant Africa and MENA presence. Highly comparable on product breadth, channel model, and geographic mix.
• XM (Trading Point of Financial Instruments): Large retail FX/CFD broker with global reach, multi-language platform, IB program, and copy-trading/PAMM features. Highly comparable on customer profile, account tiers, and partner-driven distribution.
• IC Markets: ECN-focused retail FX/CFD broker built on MetaTrader and cTrader, known for tight spreads and high-leverage accounts. Comparable to TenTrade's ECN and Dynamic Leverage account proposition and target active-trader segment.
• Exinity: Multi-brand retail FX/CFD broker (FXTM, Exinity) with strong emerging-markets distribution, especially in Africa and MENA. Directly comparable to TenTrade in target client, regulatory approach, and prop/funded programs.
• INGOT Brokers: Multi-asset CFD broker with MetaTrader-based offering and IB/affiliate network. Closely comparable on product set, account types, and emerging-markets focus; also the source of two recent TenTrade senior hires.

Broad incumbents

• Deriv: Multi-asset online broker offering CFDs, synthetics, and forex with proprietary platforms plus MetaTrader. Comparable on retail multi-asset CFD offering, synthetic instruments, and global emerging-markets reach.
• eToro: Multi-asset retail platform with copy-trading social investing at its core, plus FX/CFD and crypto. Overlaps with TenTrade on copy-trading feature and retail CFD/crypto trading, but operates as a broader incumbent with its own proprietary platform.

Others

• MetaQuotes (MetaTrader): Platform vendor whose MetaTrader 5 is TenTrade's core trading infrastructure. Relevant as the underlying technology and ecosystem (EAs, indicators, broker-server network) on which TenTrade's product is built.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ten10Trade
• Facebookfacebook.com/tentradeofficial
• LinkedInlinkedin.com/company/tentradeofficial
• Instagraminstagram.com/TenTrade

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TenTrade