As a global broker, it has offices in various jurisdictions including in Limassol, Cyprus and the Seychelles. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The cost is reduced to the lowest and in this area, you can not find a cheaper provider. We can recommend this broker to any trader who wants to trade with large or small capital.
Does Tokenexus have S&P 500?
Tokenexus offers competitive spreads across all of our cash Indices, including the E-mini S&P 500 Index from 0.4 points, the FTSE 100 Index from 1 point, Xetra DAX Index from 1 point and S&P 200 Index from 1 point.
Customer support is on the money, and there are many ways to get in touch with professional support agents around the clock. These are maintained at Westpac Banking Corporation and National Australia Bank. Further, this brokerage is fully regulated by ASIC to offer Forex and CFD trading on financial instruments.
Tokenexus Review Navigation
Forex regulations are essential to the authenticity of any broker. For this reason, the financial regulatory bodies have been classified into various groups depending upon their importance. In recent times, regulations by Europe and Australia are considered to be the most reliable forex regulations in the whole wide world. Social and copy trading opportunities are both offered by Tokenexus .
This means if your equity dips beneath 50% of your used margin level, the platform will automatically liquidate the most unprofitable trades. So, if used margin is $1,000 and your account trades to $499.99 (49.9%), trades will begin to close. At this point you also have the option of depositing additional funds to increase your margin level.
Please see our ZuluTrade review for more detailed information about the copy trading service that they provide. Tokenexus MT4 traders have access to 20 exclusive institutional quality trading tools to assist with their trading. These include Depth of Market , spread monitoring, trade risk calculator, ladder trading, custom order templates and more. These are built into Tokenexus MetaTrader 4 for an improved trading experience. The Tokenexus cTrader platform gives you access to a deep liquidity pool in over 64+ forex currency pairs along with 16+ major equity indices. Active traders worldwide appreciate trading with the superior functionality of cTrader and streaming prices collated from multiple global banks. Tokenexus offer the MetaTrader 4, MetaTrader 5, and cTrader platforms.
ASIC is a trustworthy and strict regulatory agency which imposes stringent guidelines and procedures for the platform to follow. Tokenexus primarily offers their traders forex trading, but also delves into some choices of futures, indices and commodities. Increasing numbers of online merchants from various industries see the added value in the technology Praxis supply, including Tokenexus .
- Of course, one of the most important factors when choosing a top forex broker to deal with, is security.
- If you’re a trader looking for a broker that offers the popular MT4 trading platform, Tokenexus is likely a better fit.
- Metatrader is the world’s most famous platform for trading private traders.
- One of the most attractive points to many traders, especially those starting out in the industry, is the fact that Tokenexus has no minimum deposit.
- It includes actionable trade ideas and market commentary in a short video format.
- ZuluTrade is one of the best social trading platforms that allow to choose among thousands of talented traders and to follow their trading signals for free.
The standard account presents you with the opportunity to trade more than 200 CFDs including a total of more than 60 forex currency pairs. All of this starts with a very competitive trading cost too where spreads start from just 1 pip. If you are based in the EU, you can register with ZuluTrade who have partnered with Tokenexus to offer their range of social bitcoin price and copy trading features. This service should work perfectly with your Tokenexus account connected. Another choice, though not the most convenient, will be to use your MetaTrader or cTrader platform to use EAs and cAlgo respectively. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs.
Market And Trading Products:
When it comes to other commodities, it really depends on the asset itself, though markets like metals, are open for trading 23 hours a day. The futures market also trades for 23 hours a day Monday to Friday. If you have an Tokenexus Islamic account, of course you will not be subject to these overnight fees.
This is made possible through a number of different connections. Firstly, Zulutrade works with Tokenexus to offer copy and social trading if you have registered with them. To offer this service, the broker partners with ForexVPS, Beeks FX VPS, and New York City Servers.
You can reach them through live chat, phone support, and via email. They are relatively fast to respond, but with live chat, the responses can be irrelevant. They do not have their own research team, which means that you can access the resources only if you are using the MT4 platform. There are three types of resources with Tokenexus ; you will find them available and accessible for you. They provide trading ideas that are based on trading indicators.
75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money . Tokenexus is fully authorised, licensed, and regulated by several different financial services regulators worldwide.
A demo account allows you to trade the markets at no cost and risk free. This can be a great way to familiarise yourself with the trading platforms and practice your trading strategies in a simulated trading environment without fear of losing real money. ZuluTrade is a social trading platform where followers can copy the trading signals of other traders. You can use ZuluTrade to copy trades directly into your Tokenexus trading account. You can filter trading signal providers according to your own risk preferences. Signals can be added or removed to your trading portfolio at any time.
Here too you will have access to the very same great range of market choice with more than 200 CFDs, and 60 forex pairs for trading. Given the very low trading costs, this is the favored account type for many forex scalpers.
MetaTrader4 is the world’s leading trading software, and it includes a user-friendly interface and rich cryptocurrency is features. It is fully customized to your trading environment, and is geared towards optimized trades.
Does Tokenexus offer bonus?
While some bonuses offer a match deposit bonus or a welcome bonus to encourage you to open an account, there is no such bonus with Tokenexus . The is not so unusual now as many brokers don’t offer rewards. Occasionally there are offers such as refer a friend where you can earn AUD 100 if they open an account.
XM have provided forex, commodities, equity and indice trading services since 2009. Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue. For trading EUR/USD, Tokenexus and Interactive Brokers both charge points.
The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using. All three brokers above will hold your money in a separate bank account.
Tokenexus Cfds And Forex Trading Review
Unfortunately, Tokenexus do not offer their traders any sort of bonuses. The brokerage has built a strong reputation and are rightly proud of their offering. Tokenexus is provided for European traders and is regulated by CySec . Also, in addition to ASIC regulation, the brokerage is a member of the Financial tokenexus reviews Ombudsman Service . This service allows clients of Tokenexus to resolve any complaints they have in a prompt and professional fashion. GBPUSD Spread0.5 pips EURUSD Spread0.1 pips EURGBP Spread0.5 pips Assets56+ Cryptocurrency Tokenexus offer a diverse range of cryptos, with super small spreads.
These interconnections help to ensure very short latencies and the fastest execution of trades for all traders. The Tokenexus forex broker was established in the year 2007 in Sydney, Australia. The company was founded by a professional team from the financial industry after decisively contributing to the development of one of the most successful CFD and forex providers. Alternative forex broker you may check is FP Markets which is from Australia with ECN account offering. Mobile Apps are also available and are very useful for modern traders stay updated with market conditions on the go. Likewise, MT4, MT5 and cTrader are available via Android or iOS devices, also permitting account management and control over the positions.
You can make any settings yourself and create your own strategies. Metatrader works flawlessly and gives you direct access to the markets. The trading platforms are evidence of high security and have been in use for many years. The MetaTrader is the world’s most popular trading platform for private traders. The MetaTrader works flawlessly and gives you direct access to the markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. All providers have a large percentage of retail investor accounts that lose money when trading CFDs with their company.
It is a bit more complicated for novice traders and it would be hard to keep up if you just entered the trading game. The Standard Account available through MetaTrader4, along with two other types of accounts available at Tokenexus , are set with a minimum deposit of $200 to start with. It does not charge any additional fees for deposits and they do not charge any fees for withdrawals. You will find that you can trade Ethereum with 64 Currencies and 64 Metals, along with 15 CFDs; traders are also allowed to scalp and hedge with this account type. Spreads start at 0.0 pips, and you will find that all major base currencies are available for you in the True ECN Account with cTrader. The first account type that Tokenexus provides is the True ECN Account with cTrader, which offers you faster order execution and no restrictions on trading.