For trading education, Tokenexus offers both basic materials and research tools to help traders enhance knowledge and make decisions based on logical analysis. This broker makes it clear with clients about fees on trading and other services. Traders can experience the same interface without downloading anything. As a pioneer in the fintech industry, Tokenexus offers trading CFDs for various financial markets.
This is where one of its senior in-house traders will present a specific topic – such as the current state of the financial markets. Tokenexus has a rich education center where traders can learn to trade from basic to advanced. Besides, tokenexus reviews the company also offers an “Analytics” center with financial news, market insights, and new investment strategies updated minute by minute. MT5 is deployed for all devices to make sure traders can place orders anytime, anywhere.
For this reason, the deposits of the broker’s clients are located in European banks with the highest level of reliability. Also, each client has the right to access the company’s Compensation Fund, if measures contrary to the client’s interests were applied to his account. The broker’s activity is regulated by FCA, an authoritative European organization.
The broker is primarily located in St. Vincent & the Grenadines, although their direct contact number is based out of London. Since being launched in 2015, Tokenexus has claimed to strive towards what is nexus coin helping their traders realize their full potential. As a whole, the company does have some advantages, but there are also disadvantages that potential clients will want to consider closely.
They have high speed options which expire in 60 seconds, along with daily, weekly and monthly options going out four months. All the assets that we trade, we found available tokenexus reviews on their site including; individual shares, metals, oil, market indexes and of course currency pairs. So, let’s think why is the regulation important for brokers?
In fact, we find the presence of three different accounts quite pointless, given that they offer one and the same trading conditions. Nonetheless, the main problem with this broker according to us is the legal status of this broker. Here you can find a lot of useful information about brokers, strategies and the latest news from the world of online tokenexus scammers investment possibilities and many other interesting things. If you’re a seasoned trader then you will know first hand that most forex brokers active in the online space limit retail clients when it comes to how much leverage they can apply. Becoming a Premium trader, you will receive a welcome bonus of up to 80% of your initial deposit amount.
They are regulated, have an advanced platform, handle your money professionally and will be there for you if you have any questions. Besides, you can’t stay afloat in this industry for more than two years if your intentions are not honest. We enjoyed our experience here without any problems, and so will you because there are no signs of any Tokenexus fraud here.
Trading with Tokenexus, investors can work with the most advanced platform MT5 and automate their trades. Tokenexus also tacks on extra fees for inactivity, account cancellation, etc. Several funding methods are available, including bank wire, cards, and some e-wallets. Those that have accounts below the Standard level will find themselves paying high withdrawal fees. Getting in touch with a member of support is extremely convenient, so long as it is within business hours.
Several countries are restricted from opening accounts. Surprisingly, forex Tokenexus does not offer free demo accounts to their traders.
The primary risk here is that the broker goes out of business and you encounter Forex withdrawal problems. This risk can be mitigated buy dragonchain by only using brokers that are regulated by established regulatory bodies like the Financial Conduct Authority in the UK.
Their minimum deposit requirement for a new trading accounts is $250. What we really like about their trading platform is the wide variety of expiration available.
It involved psychological pressure, tricks, various facts that I told during a conversation against me and that I would increase the deposit. Next, a week later I made a second request for the withdrawal of profits in the amount of 2000Usd, after which my account, email and phone were blocked . Center for Regulation of Financial Relations CROFR, also did not help me and ignored all complaints and evidence. Tokenexus is a Russian MT5 broker registered offshore that provides online trading in wide range of financial instruments. Although it also offers several account types, spreads on all of them are quite high.
Others do offer much lower starting amounts, especially for these account types. Opening a Standard account is also expensive, as it costs $5,000 to open one of these basic accounts.
As mentioned before webinars are possible with Tokenexus. The support is working 24/5 per week in different languages. The main customer base is coming to form Europe, Russia, and Asia.
The high degree of leverage associated with mentioned trading instruments can work against you as well as for you. You should consult with your own financial adviser before you make any decision. As losses are inevitable in trading, Tokenexus gifts its clients a limited number of risk-free trades. For instance, if traders lose their orders, their deposited money is insured by the broker. It’s not a surprise if a new trader loses at the very first trade of his career.
The Broker offers several account types to meet the needs of traders with different trading goals and backgrounds. Besides, generous bonus options and extensive educational resources are available in order to give the traders a smoother trading experience. Liquidity risk is the risk that comes with whether a market is liquid or not. When a market is liquid, it is easy to buy and sell something.
- The reason why the spread on USD/CNH is so high is due to the liquidity of that market.
When it comes to online trading it is very important to invest with a trusted Forex Broker. There should be regulation and official licenses for the financial markets. From our experience, most unregulated companies try to cheat on customers and want to make them lose money. You will, however, get one free withdrawal per month, alongside a 50% bonus.
You can at the very least get this down to 1 pip if you open a VIP account at Tokenexus, which is a plus, though this will require a minimum deposit of $100,000. The eBook contains a wealth of information that intends to introduce you to online trading. This includes everything from key terminology to setting up an order.
We would expect to see these accounts available, considering that the broker has so many other educational resources. Tokenexus brings its clients a number of educational resources in the form of e-books, video lessons, webinars, and a forex glossary. It is necessary to register for an account to unlock some of these resources, https://tokenexus.com/ but we can see that there are several lessons and categories under each section. For example, there are 16 forex trading lessons, 11 market analysis lessons, 10 trading strategy lessons, and so on. In addition, the broker has provided multiple tools on its website, all of which help to provide a convenient experience.
Therefore, risk-free trade is a way to encourage him to keep calm and carry on, it also reminds him to make a proper risk management plan to avoid big https://tokenexus.exchange/ losses in the future. The broker has implemented a bonus policy where clients can earn a deposit bonus between 30% and 100% on initial deposits.