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Seychelles / Cyprus representative - Founded 2023

TenTrade

Status - WatchlistRisk - Watchlist

TenTrade has been added to PropRadar universe coverage. The profile stays deliberately cautious until rules, reviews and payout evidence are reviewed in depth.

PropRadar score
64/100

Weighted from rules, payouts, public reviews and proof level.

No affiliate link
Minimum price$32
Profit split70%
DrawdownHybrid
News tradingVariable
Payoutto verify
Proof levelPartially verified
Last review2026-06-29
Payout riskHigh
Trustpilot reliabilityLow
PropRadar actionProceed carefully

Interesting enough to read, but not clean enough to buy from score alone. Recheck rules, payouts and public complaints first.

Risk postureWatchlistScore 64/100, payout risk high.
Regulatory fileMedium to high5 source link(s) available.
Community signal44/100Reddit, X/Twitter, Trustpilot and payout signals combined.
Profile-specific evidence
  • 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 paying
  • Open the official source links saved by PropRadar.
  • Look for recent payout proof, denials and KYC complaints.
  • Check the legal entity and terms page still match this profile.
  • Match the exact product rules with your strategy before scaling size.
Due Diligence Snapshot

What the profile proves before checkout

Open legal file
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 is high with 3 tracked signal(s).
Source depthDeep source stack6 audit channel(s) checked by PropRadar.

PropRadar separates operating status, legal entity mapping, payout evidence and commercial conflicts so a high discount or public rating does not hide purchase risk.

Regulatory Check

Legal entities, regulator status and red flags

Regulatory risk - Medium to high
Last checked2026-07-08
Medium to high

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.

Audit sources5
Identified Legal Entities
Evalanch LtdSeychelles
Registration: 8429760-1; Seychelles FSA license SD082CT House, Office 9A, Providence, Mahe, Seychelles

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

SKAI Consultancy LtdCyprus
Registration: HE12410530 Tempon Street, Ground Floor, Nicosia, 2408, Cyprus

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

Regulator 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.
Complaints & 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.
Red 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.
Reviews, Reddit and payouts

Filtered community signal

Aggregated signal44/100Reddit, X/Twitter, Trustpilot reliability and payout risk combined.
Reddit55/100
90 public mention(s) · +39 / -31
X/Twitter51/100
89 public mention(s) · +34 / -32
Trustpilot37/100
Raw rating not filled · Low
Last payout check2026-06-29Recurring incidents · 3 tracked signal(s)
Raw Reddit score
55/100
MixedManual raw score
39 positive31 negative20 neutral

high complaint volume to classify

SourcePropRadar raw score, manual review to complete
Raw volume90 review(s) / mention(s)
ConfidenceStrong
Raw X/Twitter score
51/100
NegativeManual raw score
34 positive32 negative23 neutral

Raw PropRadar score: public complaints and X/Twitter threads to cross-check with recent payouts

SourcePropRadar raw score, manual review to complete
Raw volume89 review(s) / mention(s)
ConfidenceMedium
Trustpilot review reliability
37/100
LowProvisional score
0 tracked review alert(s)

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

Raw ratingNot filled in PropRadar
SourceLink or review to complete
StatusProvisional score
Payout risk
66/100
High

Recurring incidents · 3 tracked signal(s)

Visible proofTracked signal, independent proof to publish
Incidents3 documented signal(s)
Last check2026-06-29
Manual Reddit/X Review

Manual collection queue

Search ready

The manual collection queue is ready: specific Reddit and X posts still need to be opened, classified and linked before they strengthen the raw scores.

Reddit flags
  • Repeated complaints to classify
  • Noisy community signal
  • Verify recent posts
X/Twitter watch
  • Public threads to reread
  • Verify complaint dates
  • Cross-check with Discord and Trustpilot
Filtered Trustpilot

No numbered fake-review alert tracked in PropRadar for this firm.

  • Raw rating not filled
  • Do not use Trustpilot alone
Manipulable Reviews
63/100
Medium
BaseTrustpilot + incidents + marketing signals
Review alert0 tracked alert(s)
StatusLow
Radar Verdict

The radar detects significant payout risk: read the rules and recent feedback before any purchase.

  • Payout claimed or reported, public proof to verify
  • Legal structure identified
  • Recent changes to check
Products

Tracked offers

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.

Account$1,000 - $500,000
Fee$32+
TargetNone on instant accounts; 10% on 1-step challenge accounts
Max drawdown5% to 9% depending on account size/program
Daily loss3% to 6% depending on account size/program
Splitup to 70% depending on conditions
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
Related Research

PropRadar guides related to TenTrade

These links connect the firm page to the searches traders actually type before choosing.

Legal due diligenceProp Firm Legal Check: Entities, Terms and Red FlagsA prop firm can be legitimate enough to research but still not be a regulated broker or investment firm. The useful legal check starts with the contracting entity, jurisdiction, simulation disclaimer, regulator status, payment terms and payout dispute clauses.Instant fundingInstant Funding Prop Firms: Rules, Cost and RiskInstant funding can be useful if you want account access quickly, but you must compare total cost, drawdown, minimum payout, lot limits, news restrictions and withdrawal clauses before paying.CFD comparisonFunderPro vs The5ers: news, EA, swing and payoutFunderPro can appeal to traders who want news, EA and swing flexibility. The5ers has a more established and conservative profile depending on the selected program.Payout searchFast Payout Prop Firms: Proof, Delays and TrapsA fast payout is useful only if the conditions are clear: minimum withdrawal, required trading days, caps, split, public feedback and incident history.
Decision FAQ

TenTrade questions before paying

Short answers built from the current PropRadar score, regulatory file, payout risk and source stack.

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 rates payout risk as high with 3 tracked signal(s). Visible payout proof is classified as needs context.

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.

Operational Risk

Incidents and signals

  • Universe entry: rules, fees, payouts and recent reviews must be rechecked before buying.

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

Sources

Proof level

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.

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

Sources to check

Last review: 2026-06-29. Prices and rules should be rechecked on official sources before any decision.