TK Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-25 16:21

Abstract：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.

　　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
Customer Support	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.