TenTrade

TenTrade, operating under the registered brand name Evalanch Ltd, is an emerging multi-asset brokerage that solidified its market position in 2020 following a rebranding from its former name, FXTP. The company is registered in Seychelles and operates under the regulation of the FSA (license number SD082). TenTrade's primary reputation among traders stems not only from its role as a trading intermediary but also from its intelligent integration of prop firm services with its brokerage platform—a unique feature that allows talented traders to manage up to $500,000 of the broker's capital after passing challenges. With a special focus on the MetaTrader 5 platform and the provision of swap-free Islamic accounts, the broker has gained popularity in emerging markets, including the Middle East. Although its operational history under the new brand is shorter than that of older competitors, it is recognized as a leading broker in combining modern trading models due to its diversity of Rial and cryptocurrency deposit and withdrawal methods, as well as its proprietary trading (Prop Trading) funding model.