Tokens Note-Overview of Minimum Deposit, Leverage, Spreads

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

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

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.

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.

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.

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

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.