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Seychelles / Cyprus representative · founded 2023

TenTrade

Watchlist

TenTrade is on the PropRadar watchlist but has not been audited in depth yet. Rules, reviews and payout evidence still need verification, so treat this profile as a starting point, not a recommendation.

From
$32
Profit split
70%
Drawdown
To verify
News trading
Variable
Proof level
Partially verified
Last review
Offers

TenTrade programs and prices

1 program on file
Challenge

TenTrade Funded Trader

Broker-backed TenEdge and TenExpress funded trader programs with instant and 1-step challenge routes, MT5 access, real-capital marketing and 70/30 profit split.

  1. Pay$32+$1k – $500k account
  2. PassNone on instant accounts; 10% on 1-step challenge accounts5 to 10 days depending on program/account size
  3. Stay withinMax 5% to 9% depending on account size/programDaily 3% to 6% depending on account size/program
  4. Get paidup to 70% depending on conditions splitConsistency rule applies
Platforms
MetaTrader 5 · WebTrader
Assets
Forex · Indices · Commodities · Shares · Crypto CFDs

TenEdge advertises no consistency/profit-score rule; TenExpress applies profit-score/profit-cap mechanics and all accounts remain subject to risk review.

Open official offer

Reliability profile

Payout≈ Not assessedLegalMedium to high riskReview reliability≈ Not assessedReview authenticity≈ Not assessedProof levelPartially verified

Bigger shape = safer on that axis. Hollow dot = provisional value.

What the file proves

  • Legal entityEntity mappedThe profile has a mapped legal entity or official operating structure.
  • Regulatory riskMedium to high5 source link(s) saved for the legal and operating file.
  • Payout proofNeeds contextPayout risk not assessed: no payout incident or payout proof is documented yet.
  • Source depthDeep source stack6 audit channel(s) checked by PropRadar.
Open the legal file

Points to check

  • Offshore Seychelles CFD broker structure, not a plain demo-only prop evaluation.
  • Real-capital marketing creates a different risk profile from simulated-only programs.
  • Funded program includes broad discretionary risk-review, defamation/public-conduct and payout-denial clauses.
  • Cyprus representative is expressly not licensed in Cyprus.

Before you pay

  1. Open the official source links saved by PropRadar.
  2. Look for recent payout proof, denials and KYC complaints.
  3. Check the legal entity and terms page still match this profile.
  4. Match the exact product rules with your strategy before scaling size.
Legal file
Legal riskMedium to highChecked

Medium-to-high legal risk. TenTrade has a named Seychelles FSA-regulated broker entity and formal legal PDFs, but it is an offshore CFD broker with funded-trader marketing rather than a simple simulated evaluation site. Traders must separate broker account risk, CFD leverage, program rules and payout discretion.

2 entities · 2 countries

  1. Seychelles
    1Evalanch Ltd

    TenTrade brand owner/operator and regulated offshore CFD broker entity.

    Reg. 8429760-1; Seychelles FSA license SD082CT House, Office 9A, Providence, Mahe, Seychelles
    Regulator: FSA Seychelles
  2. Cyprus
    2SKAI Consultancy Ltd

    Independent representative for TenTrade; disclosed as not authorised or licensed in Cyprus and not conducting regulated activities.

    Reg. HE12410530 Tempon Street, Ground Floor, Nicosia, 2408, Cyprus
    EU member stateRegulator: CySEC

Country markers only come from official lists: FATF increased monitoring (2026-10-30) and the EU tax lists (2026-10-09). None of these countries is on them. No marker does not mean a country, or a firm, is safe: a regulator link only says who supervises financial firms there, not that this firm is licensed. See where all tracked firms are registered →

4Red flags
  • Offshore Seychelles CFD broker structure, not a plain demo-only prop evaluation.
  • Real-capital marketing creates a different risk profile from simulated-only programs.
  • Funded program includes broad discretionary risk-review, defamation/public-conduct and payout-denial clauses.
  • Cyprus representative is expressly not licensed in Cyprus.
4Regulator status
  • Homepage says TenTrade is licensed and regulated by the Seychelles FSA with license number SD082.
  • Terms are a customer agreement with Evalanch Ltd and include margin/deposit, account liquidation and Seychelles governing-law language.
  • Funded Trader PDF says TenTrade funds profitable traders with real money and splits profit.
  • US and multiple sanctioned/high-risk jurisdictions are listed as banned.
3Complaints and disputes
  • Funded Trader PDF says account reviews are done when payout requests are made and payout is conditional on no rule violation.
  • TenEdge PDF says TenTrade may deny payout, terminate accounts or permanently disqualify traders for prohibited or abusive conduct.
  • Terms include binding arbitration and broad company discretion around account actions.
5Legal sources
Reviews and payouts

What traders report

Payout riskNot assessedPayout check
Trustpilot—No Trustpilot rating on file.
  • Trustpilot ratingNot assessed—Not assessed: no Trustpilot rating on file
  • Review authenticityNot assessed—Not assessed: no review alert on file
  • Payout safetyNot assessed—Not assessed: no payout evidence on file

Payout: No strong signalRead traders yourself:Reddit payoutsReddit reviewsX payoutsX reviews

Payout risk not assessed: PropRadar has no written payout incident or payout proof on file for this firm yet. Check recent payout feedback and the official terms before any purchase.

Payout claimed or reported, public proof to verifyLegal structure identifiedRecent changes to check
Score breakdownTrustpilot, payout and review-manipulation scores, with the flags behind them
Trustpilot review reliability
50/100
Not assessedProvisional score
Review alerts not counted

Trustpilot rating is not filled in PropRadar: the radar applies a conservative weighting.

Raw ratingNot filled in PropRadar
SourceLink or review to complete
StatusNot assessed
Payout risk
—
Not assessed

Not assessed: PropRadar has no written payout incident or payout proof on file for this firm.

Visible proofTracked signal, independent proof to publish
IncidentsNo detailed incident in PropRadar
Last check2026-06-29
Filtered Trustpilot

No fake-review alert has been counted by PropRadar for this firm. Check the Trustpilot page for its own transparency notices.

  • Raw rating not filled
  • Do not use Trustpilot alone
Manipulable Reviews
—
Not assessed
BaseTrustpilot notices and hand-counted fake-review alerts only
Review alertNot counted
StatusNot assessed
Related research

Guides that cover TenTrade

Before paying

TenTrade: common questions

Is TenTrade a safe prop firm?

TenTrade is classified by PropRadar as "Proceed carefully" with a 64/100 score and watchlist risk posture. This is not a guarantee: read the legal file, payout rules and official terms before paying.

Is TenTrade legally verified?

Entity mapped. The current regulatory file is rated Medium to high, with 5 saved source link(s) and a last legal check dated 2026-07-08.

Does TenTrade have payout risk?

PropRadar has not assessed TenTrade's payout risk: no payout incident or payout proof is documented in its file yet. Check recent payout feedback and the official terms before paying.

What should I check before buying TenTrade?

Offshore Seychelles CFD broker structure, not a plain demo-only prop evaluation. Real-capital marketing creates a different risk profile from simulated-only programs.

Does PropRadar have an affiliate relationship with TenTrade?

Commercial status: No affiliate link. Affiliate status never protects a firm from score penalties, watchlist status or payout-risk warnings.

Sources

Proof and update history

Partially verified

Official site, funded program PDF, legal documents and Terms checked. TenTrade is a brand of Evalanch Ltd, Seychelles registration 8429760-1, licensed by the Seychelles FSA with license SD082. SKAI Consultancy Ltd in Cyprus is disclosed as an independent representative and is not licensed in Cyprus. Unlike demo-only prop firms, TenTrade is also an offshore CFD broker and the funded program markets real capital/real returns.

CheckedOfficial siteFunded Trader pageLegal Documents pageTerms PDFFunded Trader PDFWithdrawal and Payout Policy

Incidents on file

No detailed independent incident recorded. The profile stays cautious until rules, payouts and recent reviews are sourced more precisely.

Community signal to enrich with Reddit, Trustpilot, Discord and recent payout proof.

Sources to check

Last review 2026-06-29. Prices and rules can change: recheck the official sources before any decision.