Risk Warning

　　Online spanading involves significant risk, and you may lose all of your invested capital. It is not suispan for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

What is Teknos Limited？

　　Registered in Hong Kong and licensed by the National Futures Association (NFA), Teknos Limited is an online forex broker providing access to various financial markets, such as Foreign Exchange, Precious Metals, Indices, and CFDs through the MT5 trading platform. The minimum deposit to trade with this broker is $1,000, and the maximum trading leverage that can be used is up to 1:400.

　　In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

　　Teknos Limited appears to be a reliable forex broker with a good selection of trading instruments, competitive spreads and commissions, and MT5 trading platform. The availability of 24/7 customer support is also a plus.

　　However, the lack of clear information regarding deposits and withdrawals may be a concern for some traders, and the high leverage offered may pose a risk to inexperienced traders. Overall, traders should weigh the pros and cons carefully before deciding whether Teknos Limited is the right broker for their trading needs.

Is Teknos Limited Safe or Scam？

　　Having a general registered National Futures Association (NFA) license and segregating customers' funds in a trust fund are positive signs for the safety of Teknos Limited. However, it is important to conduct further research and due diligence before investing with any broker. It is recommended to check if the broker is regulated by reputable financial authorities, read reviews from other traders, and verify the authenticity of the information provided by the broker.

Market Instruments

　　Teknos Limited offers a variety of trading instruments to its clients, including over 50 currency pairs, indices, CFDs, commodities such as gold, silver, and crude oil. The broad range of trading instruments enables traders to diversify their trading portfolios and choose the assets that align with their trading strategies. Furthermore, Teknos Limited's offerings cater to a wide range of traders, from novice to experienced, providing an opportunity for traders to explore different markets and trading styles.

Accounts

　　Based on the information available on Teknos Limited's website, the broker appears to offer two types of trading accounts: the Original Spread Account and the Commission-Free Standard Account. The minimum deposit for both account types is $1,000. The Original Spread Account offers low spreads and commissions on trades, while the Commission-Free Standard Account features zero commissions on trades but slightly wider spreads.

　　Traders can choose the account type that suits their trading style and preferences. However, it is worth noting that the broker does not provide much information about its account features and conditions, which may make it difficult for potential clients to make an informed decision.

How to open an account with Teknos Limited？

　　Opening an account with Teknos Limited is an easy and simple process:

　　Step 1: Click the “Open an Account” link, and fill up some required details on the popping-up page.

　　Step 2: Upload your personal data for this company to verify your details.

　　Step 3: Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

　　Teknos Limited allows its clients to use leverage of up to 400:1. Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they have more trading experience.

Spreads & Commissions

　　Spreads and commissions are determined by trading accounts with Teknos Limited platform. The Commission-Free Standard Account provides zero-commission trading environment, accompanied by wide spreads. The Original Spread Account offers raw spreads from 0.0 pips, with a certain amount of commissions charged.

　　Specifically, The spread on the EUR/USD pair starts from 0.8 pips to 1.2 pips on the Commission-Free Standard Account, and 0.0 pips to 0.3 pips on the Original Spread Account.

　　Below is a comparison table about spreads and commissions charged by different brokers:

　　Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

　　Teknos Limited provides access to the industry-leading MetaTrader 5 (MT5) platform which is available for both desktop and mobile devices. The MT5 platform is highly customizable, user-friendly, and provides advanced trading tools such as technical analysis indicators, trading signals, and Expert Advisors (EAs).

　　Additionally, Teknos Limited offers MT5 for iPhone and Android devices, allowing traders to access their accounts on-the-go. The MT5 platform is known for its fast execution speeds, low latency, and reliability, making it a popular choice among traders of all experience levels.

　　See the trading platform comparison table below:

Deposits & Withdrawals

　　As there is no available information on Teknos Limited's website regarding deposit and withdrawal methods, fees, and processing time, it is difficult to provide a comprehensive analysis of their deposit and withdrawal services. However, based on industry standards, it is expected that Teknos Limited offers a range of popular payment methods, such as bank transfers, credit/debit cards, and e-wallets, for deposit and withdrawal purposes. It is also worth noting that there may be potential fees for certain payment methods or processing time, which should be carefully reviewed by clients.

Teknos Limited minimum deposit vs other brokers

　　See the fee comparison table below:

　　Please note that fees may vary depending on the payment method used and other factors, and the information provided may be subject to change. It's important to check with the individual broker for the most up-to-date and accurate information regarding deposit and withdrawal fees.

Customer Service

　　Teknos Limited offers 24/7 customer support through email and WhatsApp, providing clients with a way to contact their support team whenever they have any questions or concerns. Additionally, their website features an FAQ section that contains answers to commonly asked questions regarding trading with their platform. Registered Company Address: RM12, 19/F, Ho King Comm Ctr, 2-16 Fayuen St, Mongkok, Kowloon, Hong Kong.

　　However, there is no information available on their website regarding other support channels such as phone support or live chat. Overall, Teknos Limiteds customer service appears to be responsive and helpful, but lacking in terms of support channels.

　　Note: These pros and cons are subjective and may vary depending on the individual's experience with Teknos Limited's customer service.

Conclusion

　　In conclusion, Teknos Limited is a forex broker that offers a variety of trading instruments and platforms. The broker is licensed by the National Futures Association (NFA) and uses segregated bank accounts to protect clients' funds. The leverage of up to 400:1 can be both an advantage and a disadvantage for traders, depending on their level of experience. While the spread and commission structure of the original spread account may be attractive to more experienced traders, beginners may prefer the commission-free standard account with wider spreads. The customer service is available 24/7 via email and WhatsApp, but there is limited information on deposit and withdrawal fees.

　　Overall, Teknos Limited seems like a reliable forex broker with some attractive features for experienced traders, but beginners may want to exercise caution due to the high leverage and limited information on fees.

Frequently Asked Questions (FAQs)