Review summary
Tenex Markets Ltd. is a relatively new broker, having been established for 1–2 years and registered in Saint Lucia. The firm holds no valid forex trading license from a recognized authority, resulting in a low WikiFX rating of 1.74. This absence of regulatory oversight means traders do not have access to standard financial protections. The broker offers three account types: Regular (minimum deposit $50, leverage up to 1:500, spread 2.0 pips), Platinum ($500 minimum, 1:500 leverage, 1.5 pip spread), and Diamond ($2000 minimum, 1:400 leverage, 1.0 pip spread). All accounts support scalping, hedging, and Expert Advisors, with an Islamic account option. Trading is available on the MT5 platform, which holds a full license and exhibits an average execution speed of 167 ms. While the trading conditions are flexible, the lack of credible regulation represents a significant risk factor for potential clients. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-16)
