TOKOK Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • TradingView

TOKOK Review 2024

Updated:
Updated: October 06, 2023

3.47

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • TradingView
Trading features:
  • Lots of cryptocurrencies, no fiats, staking and other opportunities for passive income, trading commissions can be reduced due to the site's token and TU rebates, profitable referral program

Summary of TOKOK Crypto Exchange

TOKOK is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.47 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by TOKOK clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. TOKOK ranks 85 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The TOKOK crypto exchange has everything you need for active and successful trading, such as large trading volumes, lightning-quick speed of transactions, absence of technical glitches by the terminal. On top of that, it offers low trading fees with the possibility of getting a discount of up to 50% for the proprietary TOK token.
Investment solutions that allow investing in cryptocurrency mining and blockchain projects of various levels stand out. It is also possible to earn passive income through a referral program. The platform is intuitive to learn and easy to use for investors and traders of all levels.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The TOKOK cryptocurrency exchange offers beneficial conditions for buying and selling cryptocurrency. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether, DASH, TRON, dozens of other cryptocurrencies and tokens are traded on the site. Fiat money is not represented. The TradingView terminal is available in a browser, and there are applications for mobile trading for iOS and Android devices. A free-of-charge listing Bitcoin is available, thanks to which the pool of tokens is constantly replenished. The platform provides several options for investing in projects, including direct investments in the development of financial instruments, a mining pool, and staking. There is a single-level referral program. The standard fee is 0.2%. It can be reduced by rebates from Traders Union and through the purchase of TOK, the site's token.

💰 Account currency: Cryptos, currencies
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💱 Spread: Market
🔧 Instruments: Cryptos, currencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with TOKOK:

  • loads of cryptocurrencies and tokens, open listings, and a proprietary token;
  • cold storage of assets, high level of information security;
  • simplistic and convenient trading terminal, and apps for mobile devices;
  • extensive opportunities for passive income (profitable investment);
  • perpetual referral program with payouts of up to 33% of partners' commissions;
  • opportunity to reduce commission through the purchase of tokens on the site;
  • no minimum deposit.

👎 Disadvantages of TOKOK:

  • No demo accounts, training guides, or specialized solutions for novice traders;
  • You can reach out to the technical support only through the ticket system and by email.

Evaluation of the most influential parameters of TOKOK

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.14

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

4.20

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

3.98

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

4.14

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

4.50

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

4.72

/10

Geographic Distribution of TOKOK Traders

Popularity in

87.9%
ID
Indonesia
3.4%
US
United States
0.8%
MY
Malaysia
0.6%
TR
Turkey
0.4%
AE
United Arab Emirates
0.75%
VN
Vietnam
0.47%
RO
Romania
0.2%
FR
France
0.15%
IN
India
0.1%
TW
Taiwan, Province of China
0.23%
Others
Others

User Satisfaction i

18 comments
Total score:
6.3 /10

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JosephCox
1 year ago

TOKOK treats its clients badly, and that's why I don't have a good opinion of the broker. In principle, perhaps the trade here is not bad, but after the undisguised rudeness of the support staff, I lost the desire to cooperate with them.

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DawsonHor
1 year ago

There are only scammers everywhere, many companies openly engage in fraud and nothing happens to them. Take TOKOK, for example. They deceive traders and know that you won’t take them, they draw up their contracts in such a way that you can’t impose guilt on them.

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mattiathebest
2 years ago

I have not yet started cryptocurrency trading, although I plan to try my hand at it. I use TOKOK purely for investment. The site offers various opportunities for earning passive income. The most promising programs, in my opinion, are associated with investing in mining. You don't need to mine coins yourself, you just earn from 5 to 25% interest, depending on the amount of your deposit. There is complete order with payment discipline on the site. The company honestly gives the money earned to investors.

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gavingillies
2 years ago

I have been using TOKOK for about a year and I do not plan to end cooperation with this cryptocurrency exchange. I came to the site out of curiosity about cryptocurrency trading. I gradually increased the deposit and realized that this was a really profitable method of earning money because it has adequate trading commissions, plus you can get a discount by using the platform's native token. Also, the customer service is great. I have not yet used investment programs because that is not a priority for me, but I joined the single-level affiliate program to earn from referrals.

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xor
2 years ago

It is beneficial to cooperate with TOKOK even though there is no demo account, but I don’t count that as a negative necessarily because there are other platforms where you can practice. The company did not set an entry threshold but you need to come here with at least a little bit of experience or you can start with 10 bucks. More importantly, there are no trading levels that depend on the volume of transactions. The cryptocurrency exchange initially offers low trading fees. So far, I'm not looking for an alternative.

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detrahutama
2 years ago

Started trading with TOKOK broker. I strongly advise against stepping on my own rake! I sent my documents for account verification, but the support service simply ignored them. They forcibly closed my positions. I can't take the rest of the money.

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hamzabhatti
2 years ago

Although this platform is not included among the top trading platforms, it is promising. I had no experience in crypto trading before TOKOK, but the site is intuitive and easy to use. The choice of assets is growing, and it has its own token, called the TOK. I don’t use it, but my friends do. The lack of a demo account for training is the only minus here.

Expert Review of TOKOK

The TOKOK cryptocurrency exchange was founded in 2018 and is headquartered in the Virgin Islands. The exchange is subject to the laws of the Virgin Islands and has international regulators. There is a valid license, all financial activity is transparent, including tax reporting. There are no unresolved conflicts with users or evidence regarding breach of obligations.

The crypto exchange offers a standard service for buying and selling cryptocurrencies. There is a TradingView desktop version of the terminal and mobile apps for iOS and Android systems. Both versions, browser-based and mobile, provide an intuitive and functional interface, the possibility of deep customization, and high stability.

Traders note a large number of crypto-to-crypto pairs and the ever-growing pool of tokens. There is an open listing and other collaboration options for blockchain projects. TOKOK offers several typical investment options to investors, including staking deposits with an interest rate of up to 25% per annum. Deposits are frozen for the duration of the deposit.

Trading fees are 0.2% for taker and maker, with no dependence on trading volume or asset. The fees can be reduced in several ways. By the sum of factors. For example, the TOKOK cryptocurrency exchange demonstrates the simplicity of mastering, high level of security, ease of use, and perspective of development.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of TOKOK’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

The TOKOK crypto exchange prompts clients to invest in its blockchain projects. By going to the "Feature" section, the user gets access to all current blockchain projects. The pool of programs is replenished by managers of the site, who analyze the projects of exchange partners and select the most reliable and promising ones for placement. Participation has the following features:

  • mainly new De-Fi coins are presented for investment, but there are also other opportunities;

  • all programs are short-term because the period of their implementation takes no more than 7 days (usually less);

  • the same section of the site offers discount promotions and programs for acquiring packages of cryptocurrencies.

Another option for passive income on the site is cryptocurrency mining deposits. There are two program options here — stacking and the mining pool. The difference between a mining pool is that you invest one or several cryptocurrencies in the development of another asset and you receive a benefit from your investment. Programs of this format are less popular among site users.

Ordinary staking is much more in demand. Its essence is that investors provide the required assets to third-party projects to provide cryptocurrency mining. There are many projects, and the list is constantly being updated. These programs are also short-term, lasting from 7 to 15 days on average.

To participate in staking, you need to choose a program and invest the required asset in it in the amount of the minimum deposit or more. The deposit is frozen for the duration of the program, and you will not be able to use it in trading. After the program ends, the deposit is unfrozen and returned to you, and you also receive interest at the rate of up to 25% plus bonus payments.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

TOKOK’s affiliate program

The TOKOK crypto exchange also offers a standard partner program. Any verified user can participate. A personal referral link is available to the user in the Referral Commissions section, which can be placed on any site or resource. Everyone who goes to your referral link and registers on the exchange will become your referral.

You will earn 20% of the trading commissions of each referral. The number of referrals is not limited. This program has no expiration date, and you will be paid as long as your referral is trading on the market. It is a one-tier program, however, and you will not receive payments for users who have been invited to the site by your referrals.

Please note, you do not receive payouts from trading commissions for OTC trading operations. This is also not possible if your referral has used a TOK Token to pay commissions.

Payouts from referral commissions can be increased up to 33% if the amount of project tokens in your account exceeds 10,000. The increase is maintained as long as the specified volume of tokens or more remains in your account. All payments are made in Ethereum.

Trading Conditions for TOKOK Users

To start trading on TOKOK you have to register and verify your details. There is no minimum deposit, so you can deposit as much money as you want right from the beginning. Further on, you may conduct exchange and OTC trading without any restrictions on trading strategies and volumes of transactions. Only your own assets may be traded, the exchange does not provide any leverage. If you have any questions, you can contact technical support using the "Submit a request" subsection of the "Support Center". There is also an opportunity to send an email. No other options for communication are provided.

$1

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: TradingView
📊 Accounts: Standard
💰 Account currency: Cryptos, currencies
💵 Replenishment / Withdrawal: Bank cards 
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: Cryptos, currencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: No
⭐ Trading features: Lots of cryptocurrencies, no fiats, staking and other opportunities for passive income, trading commissions can be reduced due to the site's token and TU rebates, profitable referral program
🎁 Contests and bonuses: TU rebates

Broker comparison table of trading instruments

TOKOK Bybit MEXC Binance LATOKEN
Forex No No No Yes No
Metalls No No No No No
Crypto Yes Yes Yes Yes Yes
CFD No No No No No
Indexes No No No No No
Stock No No No No No
ETF No No No No No
Options No No No No No

TOKOK Commissions & Fees

Information
The TOKOK crypto exchange has a 0.2% fee on trading transactions (except for special cases). The fee is fixed and does not depend on the pair, transaction volume, or user's trading volume (there are no trading levels on the platform). The commission can be reduced by 50% (or less) if you use a TOK coin for redemption. To this end, you need to have enough TOK in your account and activate the appropriate option in myAlpari.
Account type Spread (minimum value) Withdrawal commission
Standard Up to 0.2% per order Yes

The TOK discount depends on the volume traded during the past 30 days. There are 10 levels. At the zero level, with a trading volume of ₿0-2.99 (or equivalent in another cryptocurrency), the discount is zero. At level one, if you trade ₿3 or more per month, the discount is 5%. At the highest level, if you trade ₿5,000 or more in 30 days, there is a 50% discount on fees.

Broker Average commission Level
TOKOK $0.2 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo TOKOK
$0.2
$20
$0.1

Contacts

Foundation date 2020
Registration address Singapore
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
TOKOK Review TOKOK Review

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FAQs

Do reviews by traders influence the TOKOK rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about TOKOK you need to go to the broker's profile.

How to leave a review about TOKOK on the Traders Union website?

To leave a review about TOKOK, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about TOKOK on a non-Traders Union client?

Anyone can leave feedback about TOKOK on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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