A professional, direct investment partner could aid you in minimising any losses and maximising any profits. It is crucial to understand all you can about any broker before you trust them with your cash. It supports over 10,000+ registered users and over 14 years of expertise on its record. They’re among the world’s top trading platforms and also a dominant figure in the Fintech revolution. IKON Finance provides demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
(a) With immediate effect Ikon Finance Limited (IFL) must not accept any new clients.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn cash is going to be sent to the cardIKON Finance will ask you to offer other withdrawal methods if your details have changed since your deposit. Withdrawal of cash is possible at any moment from your IKON Finance account. You can draw sums up to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don’t necessarily need to have any money on your account.
- As a result, you are charged more for non-trading activities on your trading accounts, such as deposits and withdrawal.
- MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005.
- Ikon also supporting multiple mobile devices so the trader can stay updated with the convenient market information and manage the trades with no matter of location.
- We do not present any investment advice or guarantees for the accuracy and reliability of the information.
Can you trade UK Shares with IKON Finance?
- However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
- Most brokers do not charge an excessive amount of money for this particular operation.
- We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.
- Over the past 14 years, IKON Finance has become one of the best online brokers available to the public.
- IKON Finance acknowledges the importance of having a fast order execution.
- It supports over 10,000+ registered users and over 14 years of expertise on its record.
IKON Finance made efforts to ensure all of our questions were answered. We have tested communication via IKON Finance support in multiple languages and in various countries. Understand the capabilities of the mobile apps of IKON Finance, Startrader & freetrade below. In the following table we take the main parts of any great brokerage and compare IKON Finance against Startrader, and freetrade. In accordance with the organization’s privacy regulations, client data is to not be shared with any other institutions or individuals. You are able to make use of a choice for Two Factor Authentications (2FA) with IKON Finance for increased security.
The ikon finance broker goes to great lengths to understand what traders want. The agent also provides a variety of platforms for all types of traders. IKON Finance helps to ensure that the individual needs of all traders are met to the best of their capabilities.
Trading Instruments
The broker used to have operations around the world, including an NFA-licensed subsidiary in the US called IKON Global Markets. IKON exited the US retail forex market earlier this decade when US regulators tightened capital requirements and other rules around retail forex trading. Ikon Finance is a brokerage firm that operates within the online trading industry while giving access to speculate on the FX and Futures space. Yes, IKON Finance offers demo accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
However, non-trading fees charged by IKON Finance are relatively higher. As a result, you are charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
Does IKON Finance offer email customer support?
Withdrawal options are widely available at Ikon Finance including Bank Transfers, Cards and e-wallets. For the transaction costs, there are some additional fees may be applicable and which are always trader’s responsibility since the payment provider charges the fee for the performance of the transaction. However, refer to the Broker Ikon Finance in order to recheck if there are any fees that may occur while transacting the funds to or from the trading account, as some of the options are performed with 0$ fee. Payoneer, an American financial services company, offers online money transfer and digital payment services. When you transfer money in your trading account by the bank account, a deposit fee can be billed by the broker. Most brokers do not charge an excessive amount of money for this particular operation.
Trading Platforms
This IKON Finance review breaks down each of the applicable non-trading charges for you in detail. The minimum deposit you need to get started on IKON Finance is $200. It’s possible to create more complex deposits as you cooperate. But, make certain you know how to make the most of your cash before investing in larger amounts. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
IKON Finance is a trading partner that has forged its way successfully to the broker world. In this review, we have attempted to collate some of the important aspects of IKON Finance. This guide can help you to understand whether IKON Finance is a fantastic fit for your own investments or not.
Does IKON Finance have a wikipedia page?
See below Standard account Spread, as well you can check and compare Ikon Finance fees to another popular brokerage HotForex. Any processing fees from your bank might need to be incurred by you. It simplifies this standing to its unbelievable platform and wide selection of tools plus resources so you can put money into capital markets. Over 10,000+ users registered with them can affirm to their trustworthy nature.
It’s essential to be vigilant and comprehensive in your IKON Finance broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of IKON Finance, its track record, and reputation is vital. Moreover, ensure the IKON Finance broker’s offerings, trading tools, fees, and regulation align with your objectives.
Because there is a lot of money moving around the world, IKON Finance has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, IKON Finance must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. Depositing money into the IKON Finance trading platform is simple.