FSCA — South Africa
ALTRIX MARKETS (PTY) LTD
Regulated · No. 52035
TenX Prime Review — Overview
Regulation
Tier-2 regulated
Licence
FSCA · No. 52035
Licence status
Regulated
Platforms
MT4
Max. leverage
1:500
Instruments
Currency pairs, metals & oil, cryptocurrencies
Typical spread
From 0.1 pips
Operating
Est. 2021
Main market
SG
Entity
ALTRIX MARKETS (PTY) LTD
Website
Unknown
TenX Prime is a forex & CFD broker based in South Africa, established in 2021. On Trust Broker Hub it holds a Trust Score of 4.4 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
TenX Prime's licence comes from an offshore jurisdiction (FSCA). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
TenX Prime provides access to Currency pairs, metals & oil, cryptocurrencies. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, TenX Prime has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
TenX Prime currently scores 4.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a FSCA licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Currency pairs, metals & oil, cryptocurrencies |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:500 |
| Typical spread | From 0.1 pips |
| Platforms | MT4 |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on TenX Prime
Our analysis · editorial
4.4/10
A mixed risk profile
TenX Prime is regulated under a mid-tier authority (FSCA). Based in South Africa, it has been operating for about 5 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.4/10 — a mixed profile.
Strengths
- Holds a recognised mid-tier licence (FSCA)
- Operating for 5 years
- No complaints on record with us
- Supports MT4 trading
Watch-outs
- Very high leverage available (1:500) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
TenX Prime — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag TenX Prime here if that changes.
Full specifications
Regulated region
South Africa
Operating period
5-10 years
Main market
SG
Licensed entity
ALTRIX MARKETS (PTY) LTD
License status
Regulated
Instruments
Currency pairs, metals & oil, cryptocurrencies
Year founded
2021
Frequently asked
Is TenX Prime a safe broker?
TenX Prime scores 4.4 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the TenX Prime trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from TenX Prime?
TenX Prime publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.