General Information & Regulation
Tokens Note, a trading name of Amanda Group LLC, is allegedly a broker based in Saint Vincent and the Grenadines that provides its clients with a WebTrader, flexible leverage up to 1:500, variable spreads on 100 tradable financial products, as well as a choice of five different account types and 24/7 customer support service.
Market Instruments
Tokens Note advertises that it is a multi-asset platform with 100 trading instruments in financial markets, including currencies, precious metals, commodities, shares, indices, CFDs, cryptocurrencies, futures and forex options.
Account Types
There are five live trading accounts offered by Tokens Note, namely Classic, Silver, Gold, Platinum and Premium. However, the broker didnt reveal other specific information about account types, such as what is the minimum initial deposit requirement.
Leverage
Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Classic or Silver account can experience leverage of 1:100, the Gold account with leverage of 1:200, the Platinum account with leverage of 1:400, and the Premium account can enjoy the maximum leverage of 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Spreads are influenced by what type of accounts traders are holding. Tokens Note reveals that the spread on the Gold account is up to 0.2 pips, the clients on the Platinum account with spreads no more than 0.3 pips, while the Premium account with spreads of 0.5 pips at most. All charging no commissions.
Trading Platform Available
When it comes to trading platforms available, Tokens Note gives traders three choices: WebTrader, mobile and desktop versions. Whatever, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.
Tools
Also, Tokens Note provides its clients with an Economic Calculator, whose interface seems to be quite simple and easy to use, just as the following screenshot shows.
Deposit & Withdrawal
From the logos shown at the foot of the home page on Tokens Notes official website, we found that this broker works with Maestro, Visa, MasterCard, Bank Transfer, and e-wallets like China UnionPay, yet we cannot be sure if these payment options are all available.
Bonuses
Tokens Note claims to provide its clients with some bonuses and clients of different account types can enjoy quite different maximum bonuses. In particular, clients on the Silver account can experience up to 10% bonus, the Gold account with up to 30% bonus, the Gold account with up to 50% bonus, while only the Premium account can enjoy the maximum bonus of up to 100%.
Customer Support
Tokens Note‘s customer support can be reached by email: support@tokensnote.com, live chat or send messages online to get in touch. Company address: First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines, VC0100. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
