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Score

1.40 /10
Danger

Tokens Note

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tokensnote.com

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Regulatory Index0.00

Business Index6.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Tokens Note · Company summary

Note: Tokens Notes official website: https://tokensnote.com is currently inaccessible normally.

Tokens Note Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Commodities, Crypto, Indices, Stocks, CFDs
Demo Account❌
LeverageUp to 1:500
SpreadStarting from 0.8 pips (EUR/USD)
Trading PlatformWebTrader, MobileTrader (Mobile App)
Min Deposit$100
Customer SupportEmail: support@tokensnote.com

Tokens Note Information

Offering a selection of financial products including Forex, commodities, and cryptocurrencies, Tokens Note is an unregulated broker registered in Saint Vincent and the Grenadines. Their trading systems call for a mobile app as well as WebTrader.

Pros and Cons

Pros Cons
High leverage up to 1:500Unregulated
Wide range of financial instrumentsLack of demo account
Mobile and web trading platformsLimited information on fees

Is Tokens Note Legit?

Tokens Note lacks a formal licence from any significant financial authority and is not controlled in Iceland (IS), its registration country.

Is Tokens Note Legit?

The WHOIS shows that “tokensnote.com” was registered on September 10, 2021, and will expire on September 10, 2024. ClientTransferProhibited and redemptionPeriod prohibit domain transfers and modifications.

Is Tokens Note Legit?

What Can I Trade on Tokens Note?

A large range of financial instruments are available from Tokens Note to satisfy a variety of trading requirements. In addition to commodities, equities, indices, and cryptocurrencies, this comprises more than 30 foreign currency pairings.

Tradable Instruments Supported
Forex✔
Commodities✔
Crypto✔
CFDs✔
Indices✔
Stocks✔
ETF❌

Account Types

Tokens Note provides a single live trading account type. Neither Islamic account choices nor demo accounts are given.

Leverage

The leverage offered by Okens Note is up to 1:500. Although high leverage raises risk and may increase losses, it can also increase possible rewards.

Tokens Note Fees

Spreads for the EUR/USD pair start at 0.8 pips with Tokens Note, which is competitive but not the lowest in the market. On their website, they don't specify any commissions or extra trade costs.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
WebTrader✔Web BrowserAll levels of traders
MobileTrader (Mobile App)✔iOS, AndroidTraders needing flexibility

Deposit and Withdrawal

With a $100 minimum deposit, Tokens Note does not impose fees on deposits or withdrawals. They provide a number of convenient payment methods, such as UnionPay, VISA, MasterCard, Maestri, and bank wire transfers.

Deposit Options Min. DepositFees Processing Time
Bank Wire Transfer$100NoneVaries
VISA/MasterCard$100NoneInstant
Maestro, UnionPay$100NoneInstant
Withdrawal Options Min. Withdrawal Fees Processing Time
Bank Wire TransferNot SpecifiedNoneStandard Bank Time
VISA/MasterCardNot SpecifiedNoneVaries
Maestro, UnionPayNot SpecifiedNoneVaries

User Reviews

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Liew Ming How
more than one year
Don’t fall for them, worse nightmare ever. This is the worst service anyone would wish for. I got their service and on day 1 they blow my funding account of 20K within a few hours...
Don’t fall for them, worse nightmare ever. This is the worst service anyone would wish for. I got their service and on day 1 they blow my funding account of 20K within a few hours...
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2023-02-20 15:41
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Steve Smulders
more than one year
I was with Tokens Note and they scammed me. Prove it to yourself by trying to make a withdrawal. Before you do close all positions and if you have funds to withdraw try it. They will make some excuse as to why you can’t withdraw and try to turn it around to convince you to pay more money for some made up reason before the withdrawal will process. The excuse given me was the transaction is stuck on the blockchain nad I need to deposit money for it to free up.
I was with Tokens Note and they scammed me. Prove it to yourself by trying to make a withdrawal. Before you do close all positions and if you have funds to withdraw try it. They will make some excuse as to why you can’t withdraw and try to turn it around to convince you to pay more money for some made up reason before the withdrawal will process. The excuse given me was the transaction is stuck on the blockchain nad I need to deposit money for it to free up.
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2022-11-15 13:00
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