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No Regulation
Score
1.44 /10
Danger
TK
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.49
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2025-01-09
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: TK's official website - https://tokenfxmarket.net is currently inaccessible normally.
| TKReview Summary | |
| Founded | / |
| Registered Country/Region | UK |
| Regulation | No regulation |
| Market Instruments | Forex currency pairs, stock CFDs, indexes, oil, gold and silver |
| Demo Account | / |
| Leverage | Up to 1:200 |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | $1 000 |
| Customer Support | Tel: +852 3706 9586 |
| Email: cs@tokenfxmarket.com | |
Token Market Limited (TK) is a financial company based in the UK. It provides a variety of products, such as currency pairs, stock CFDs, gold, and so on. However, the minimum deposit is as high as $1 000, and this company is not regulated, which leaves potential risks to be handled.
Pros and Cons
| Pros | Cons |
| Various market instruments | Inaccessible website |
| MT4 provided | Lack of regulation |
| High minimum deposit |
Is TK Legit?
TK claims that it is regulated by FCA. However, it cannot be found on the authorised lists of FCA. Therefore, TK is not regulated, and customers need to be aware of the risks.
What Can I Trade on TK?
TK offers various products, including forex currency pairs, stock CFDs, index, oil, gold and silver.
| Tradable Instruments | Supported |
| Forex Currency Pairs | ✔ |
| Oil | ✔ |
| Gold | ✔ |
| Indexes | ✔ |
| Stock CFDs | ✔ |
| Silver | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
TK claims that the the maximum leverage is 1:200, but it is found that the leverage can be up to 1:1000 which is shown on its platform. Since it cannot be confirmed, the risks are high and caution is recommended.
Trading Platform
TK uses MT4 as its trading platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, desktop, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
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