Ikon Finance Rated 3/5

Ikon Finance Guide - Read our In Depth 2023 Ikon Finance Review

This detailed Ikon Finance review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, Social Trading.
*This content does not apply to US users.

Learn more about Ikon Finance.

Benefits of Trading with Ikon Finance

Ikon Finance Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 200
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 Ikon Finance users and traders
๐Ÿ“† Founded 2011
๐ŸŒ HQ London
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Financial Conduct Authority (FCA)
๐Ÿšซ Excluded Countries Ikon Finance is not available in the following countries : US

Open Ikon Finance's Website

Losses can exceed deposits

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Ikon Finance?

Ikon Finance are a worldwide financial trading platform and broker. founded in 2011

Over 12 years later Ikon Finance now serves over 10,000 retail investors Forex trading, and Social trading.

Ikon Finance are a global broker. Ikon Finance have a head office in London.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Ikon Finance review and assess how well the Ikon Finance platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Ikon Finance. Choosing or shortlisting a trading platform like Ikon Finance can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Ikon Finance.

As a result, selecting the right trading platform like Ikon Finance requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Ikon Finance available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Ikon Finance requires thorough due diligence and careful consideration. Some Ikon Finance trading features can be complex when trading on mobile or using the Ikon Finance online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Ikon Finance trading tools properly. In our review of Ikon Finance we explain the pros and cons. What Ikon Finance offer, countries Ikon Finance are available in. Who Ikon Finance are regulated by and more.

Ikon Finance Review Screenshot

When it comes to online trading with brokers like Ikon Finance, carefully review Ikon Finance as your broker can make or break your success. Choosing the right broker is essential to ensure your Ikon Finance investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Ikon Finance review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Ikon Finance. You must also ensure the Ikon Finance broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Ikon Finance needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Ikon Finance into easily digestible information in this Ikon Finance review. We want to ensure you have all the knowledge necessary to use the Ikon Finance trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Ikon Finance are the key to successful trading, so we've provided this detailed Ikon Finance review. So, take a seat, grab a cup of coffee, and dive in to learn about Ikon Finance and how it can benefit you or if Ikon Finance is not for you.

Online investing with Ikon Finance can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Ikon Finance, evaluating the Ikon Finance platform is important. Evaluation includes researching the Ikon Finance management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Ikon Finance. That's why it's essential to understand the Ikon Finance company policies and practices before making any investment decisions. By doing your due diligence and understanding Ikon Finance platform, you can make informed investment choices that align with your financial goals. So take the time to research Ikon Finance thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Ikon Finance review you need to determine if Ikon Finance is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Ikon Finance, so you can make a more informed decision and compare other brokers against Ikon Finance.

If you want to look at some Ikon Finance alternatives that might better fit your needs, we list and compare some of the best Ikon Finance alternatives further down this Ikon Finance review.

Don't be fooled by the misconception that online trading is easy with Ikon Finance. It can be challenging and requires significant research and understanding of the Ikon Finance trading tools and features. You must know what you are doing when trading with Ikon Finance. That's why we've compiled this detailed Ikon Finance review with some important information that will hopefully make you more informed when online trading with Ikon Finance.

Ikon Finance Review Table of Contents

Ikon Finance review
Ikon Finance is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Ikon Finance. Ikon Finance is a multi asset platform with 100+ tradable Assets. Assets available on Ikon Finance include Forex, Social Trading.

Ikon Finance trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, Social Trading are considered financial assets.

Features of Ikon Finance

Ikon Finance review
What you should know

Ikon Finance offer two ways to trade: Forex, Social Trading. The assets and products available to you on the Ikon Finance trading platform depends on the region of the world, you are in and the Ikon Finance entity you have an account.

With Ikon Finance you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with Ikon Finance platform.

Ikon Finance are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Ikon Finance safe?

When considering Ikon Finance for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Ikon Finance, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2011, and in operation for 12 years Ikon Finance have a head office in London.

Ikon Finance is regulated. This means Ikon Finance are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Ikon Finance withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Ikon Finance are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Ikon Finance are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Ikon Finance and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Ikon Finance has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Ikon Finance will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Ikon Finance, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Ikon Finance violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with Ikon Finance?

All payments made to Ikon Finance by traders are securely held in a segregated bank account.

Ikon Finance uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Ikon Finance use them?

Ikon Finance partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Ikon Finance clients' funds.

Ikon Finance clients can have greater confidence in their financial security when working with a Tier 1 bank because Ikon Finance are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Ikon Finance deposited in a Tier 1 bank?

Depositing funds with Ikon Finance ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Ikon Finance were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Ikon Finance is a secure and safe platform.

Please be aware that trading in financial assets with Ikon Finance carries a risk of loss. Ikon Finance trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Ikon Finance emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Ikon Finance, let's closely examine its features.

To better understand the Ikon Finance trading platform, you can create two separate accounts - one with real money and the other a Ikon Finance demo account. A Ikon Finance demo account provides a risk-free environment for experimenting with the Ikon Finance platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Ikon Finance trading decisions.

Open a demo account Visit Ikon Finance

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Ikon Finance as a Company Compare Against Other Brokers

Broker Ikon IC Markets Roboforex eToro
Year Established 2011 2007 2009 2007
Head Office London Australia Belize Cyprus, UK
Regulation Financial Conduct Authority (FCA) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Ikon Finance users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Ikon Finance Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

Ikon Finance review
Ikon Finance Pros and Cons

What we like about Ikon Finance

  • Used by over 10,000 Ikon Finance users and traders
  • Established in 2011
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $200

What we don't like about Ikon Finance

Ikon Finance review
Ikon Finance Regulation and Licensing in more detail

Ikon Finance is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Ikon Finance going into insolvency. Ikon Finance compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Ikon Finance to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Ikon Finance traders.

Ikon Finance is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Ikon Finance you should be sure they're legitimate online agent.

Is Ikon Finance Global?

Yes, Ikon Finance is global as Ikon Finance is available in over 194 countries.

Ikon Finance is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Ikon Finance covers include the UK, Germany, South Africa, Thailand, China and Australia. Ikon Finance has a total of more than 10,000 users.

Ikon Finance review
Ikon Finance Fees Explained

  • Ikon Finance doesn't charge withdrawal fees.
  • Ikon Finance does not charge a fee for inactive accounts.
  • Ikon Finance doesn't charge deposit fees.

Ikon Finance Costs To Check

Modern brokers like Ikon Finance provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Ikon Finance may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Ikon Finance trading profitability.

How Ikon Finance Fees Compare Against Other Brokers

Broker Ikon IC Markets Roboforex eToro
Min Deposit 200 200 10 50
Withdrawal Fees No No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees No Varies No No
CFD Commission Fees Yes Yes No Yes

Ikon Finance Minimum Deposit

Ikon Finance requires a minimum deposit of 200 GBP/USD/EUR when opening an Ikon Finance trading account.

A minimum deposit is the minimum amount of money required by Ikon Finance to open a new online brokerage account with them.

Don't be scared off by brokers like Ikon Finance charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Ikon Finance, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Ikon Finance Withdrawal Fees

Ikon Finance doesn't charge withdrawal fees.

Ikon Finance Withdrawal rules may vary across different brokers when it comes to transferring funds from your Ikon Finance or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Ikon Finance may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Ikon Finance withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Ikon Finance. Researching and comparing Ikon Finance withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Ikon Finance funds frequently or dealing with large sums of money. Awareness of these Ikon Finance fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Ikon Finance funds.

For example, Ikon Finance allows you to withdraw your funds to Credit cards, Bank Transfer, Neteller, Skrill, Payoneer.

Ikon Finance Inactivity Fees

Ikon Finance does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Ikon Finance terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Ikon Finance fees and services. It's recommended that you check the Ikon Finance website before signing up. If you decide to close your Ikon Finance account, it's important to do so with the Ikon Finance broker customer support and obtain confirmation that no remaining Ikon Finance fees are due.

Brokers like Ikon Finance must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Ikon Finance Deposit Fees

Ikon Finance does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Ikon Finance Commission Fees

Ikon Finance does charge commission on CFD instruments.

Brokerage firms like Ikon Finance may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Ikon Finance trading account level held by the trader.

Ikon Finance may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Ikon Finance terms and conditions to understand the commission fees and any other charges that may apply is essential.

Ikon Finance review
What can you trade with Ikon Finance?

It's essential to note that the trading instruments offered under the Ikon Finance brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Ikon Finance trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Ikon Finance over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, Ikon Finance offer over 45 currency pairs.

Ikon Finance Compared To Other Brokers

Compare Ikon Finance with IC Markets and Roboforex below.

Losses can exceed deposits

How Ikon Finance Trading Options Compare Against Other Brokers

Broker Ikon IC Markets Roboforex eToro
Instruments Available 100 2250 100 5000
Platforms MT4, ZuluTrade, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 45 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 0 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Ikon Finance
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

Ikon Finance review
Trading on Ikon Finance web platforms and other applications

Ikon Finance offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Ikon Finance also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Ikon Finance's platforms

Is the Ikon Finance Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Ikon Finance trading platform to protect you on PC and mobile Ikon Finance platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Ikon Finance web trading platforms.

Ikon Finance Trading Platform Options

After logging into your Ikon Finance account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that Ikon Finance does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Ikon Finance does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Ikon Finance gives you.

Ikon Finance review
Ikon Finance MetaTrader 4 (MT4)

Ikon Finance MetaTrader 4

Ikon Finance MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Ikon Finance offers traders comprehensive features and tools to enhance their trading performance. The Ikon Finance MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Ikon Finance platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Ikon Finance traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Ikon Finance traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Ikon Finance trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Ikon Finance MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Ikon Finance, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Ikon Finance MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Ikon Finance allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Ikon Finance in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Ikon Finance MetaTrader 4 is compatible with the latest macOS. Ikon Finance allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Ikon Finance

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Ikon Finance MetaTrader 4 on iOS Devices

You can download the Ikon Finance app or trade with Ikon Finance through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Ikon Finance customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Ikon Finance MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Ikon Finance offers its clients access to the MetaTrader 4 platform on these devices. With the Ikon Finance MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Ikon Finance traders to stay on top of their trades and react quickly to changes in the market. With the Ikon Finance MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Ikon Finance MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Ikon Finance are a powerful bundle of three major indicators designed to help traders make informed decisions. Ikon Finance MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Ikon Finance traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Ikon Finance traders to potentially stay one step ahead.

Ikon Finance MetaTrader 4 Advanced Trading Tools

The Ikon Finance MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Ikon Finance traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Ikon Finance provides traders with everything they need to succeed. The Ikon Finance MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Ikon Finance traders to analyze the market at any level of complexity.

Trade Ikon Finance MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Ikon Finance MetaTrader 4 AutoChartist

Autochartist on the Ikon Finance platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Ikon Finance MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Ikon Finance traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Ikon Finance users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Ikon Finance traders can navigate the platform and find the information they need to make informed trading decisions.

Ikon Finance Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Ikon Finance traders of all experience levels.

Ikon Finance Trading benefits

  • Ikon Finance Allows scalping
  • Ikon Finance Allows hedging
  • Ikon Finance Offers STP
  • Ikon Finance Low min deposit

Ikon Finance Trading Accounts Offered

Below we give an overview of the account types that Ikon Finance offer. Whatever you are looking to trade, the varying Ikon Finance account types will be able to provide you with what you need.

  • Ikon Finance Demo account
  • Micro account
  • Ikon Finance Standard account
  • Ikon Finance ECN account
  • Ikon Finance STP account
  • Ikon Finance Managed account
  • Ikon Finance Islamic account

Can I try Ikon Finance?

Ikon Finance provides a demo account that enables individuals to explore trading before investing their funds. By creating a Ikon Finance practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Ikon Finance demo account can help individuals to make informed decisions before investing their money.

Open a demo Ikon Finance account to practice and trade.

Losses can exceed deposits

Ikon Finance withdrawal and funding methods

It's essential to remember that the payment methods provided by Ikon Finance vary based on the Ikon Finance entity and the Ikon Finance client's country of residence. To view the Ikon Finance payment options available, you can log into your Ikon Finance member's area.

Ikon Finance offers various funding payment methods listed in your Ikon Finance dashboard if available in your region. To learn more about the Ikon Finance funding and withdrawal options available in your area, you can explore the Ikon Finance website.

Ikon Finance provides several payment methods for funding your Ikon Finance account. You may utilize any of these deposit options if they are available in your region. Ikon Finance ensures that users have multiple payment methods to choose from, making it more convenient for verified Ikon Finance account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Ikon Finance user's location. learn more about Ikon Finance funding and withdrawal methods.

Ikon Finance Payment Methods

Some Ikon Finance payment methods are local and are available only to specific regions. Ikon Finance account holders should check which payment methods are provided in your region.
  • Ikon Finance accepts Credit cards
  • Ikon Finance accepts Bank Transfer
  • Ikon Finance accepts Neteller
  • Ikon Finance accepts Skrill
  • Ikon Finance accepts Payoneer
Broker Ikon IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill Yes Yes Yes Yes
Payoneer Yes No Yes No
Neteller Yes Yes Yes Yes

*please note available Ikon Finance and other broker payment methods depend on the clients country of residence.

How can I start trading with Ikon Finance?

To open a trading account with Ikon Finance, individuals can sign up on the Ikon Finance website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Ikon Finance account validation and making a deposit. Once completed, Ikon Finance users can download the trading platform of their choice.

It's important to note that Ikon Finance requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Ikon Finance maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Ikon Finance trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Ikon Finance

When using Ikon Finance, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With the ECN and STP execution methods offered by the platform, traders using Ikon Finance can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Ikon Finance margin requirements can differ depending on the traded instrument.

Limit Risk When Trading with Ikon Finance Stop Loss, Ikon Finance Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Ikon Finance . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Ikon Finance traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Ikon Finance trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Ikon Finance traders with an effective way to manage risk and protect their investments in volatile markets.

Education Resources at Ikon Finance

To trade effectively with Ikon Finance, it's important to have a good understanding of the Ikon Finance trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Ikon Finance and externally.

Ikon Finance . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Ikon Finance. Familiarizing yourself with the Ikon Finance trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Ikon Finance. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Ikon Finance involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Ikon Finance, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Ikon Finance. Explore the Ikon Finance platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Ikon Finance, before live trading.

Customer Support at Ikon Finance

As part of our Ikon Finance review, we review customer service options, response times and problem resolution effectiveness on the Ikon Finance trading platform. The Ikon Finance trading platform supports a limited number of languages which includes English, and Chinese.

Ikon Finance Available Support Types

Ikon Finance have a double AA grade support rating because Ikon Finance offer live chat and email support in multiple languages.

Livechat Support at Ikon Finance

Our experience with the Ikon Finance live chat was positive. We received a response within 30 seconds of sending a message through their app and website. Overall, great live chat support from Ikon Finance.

We tested communicating with Ikon Finance customer support in multiple languages and countries. Ikon Finance made an effort to resolve the issues we had.

Email Support at Ikon Finance

Our experience with Ikon Finance email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.

Phone Support at Ikon Finance

Our experience with Ikon Finance phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with Ikon Finance.

See how Ikon Finance Support Compares Against Other Brokers

Broker Ikon IC Markets Roboforex eToro
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, and Chinese English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Ikon Finance Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Ikon Finance

As Ikon Finance is regulated by Financial Conduct Authority (FCA).

As a new client of Ikon Finance, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Ikon Finance in your region. During the Ikon Finance account opening process, you will be asked to provide Ikon Finance with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Ikon Finance have the following documents available.

  • Ikon Finance require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Ikon Finance compliance. This must be dated within the last six months.
  • If you plan to fund your Ikon Finance account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Ikon Finance platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Ikon Finance Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Ikon Finance's platform.

However, remember that you won't be able to make trades on Ikon Finance until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Ikon Finance KYC compliance process as soon as possible to avoid any delays in accessing the Ikon Finance platform's features.

It is important to note that Ikon Finance may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Ikon Finance platform and features immediately. However, you must pass the verification process to start live trading with Ikon Finance, which can take up to a few business days.

To start the process of opening an account with Ikon Finance you can visit the Ikon Finance trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.ikonfinance.com/ on September 19, 2023.

Is Ikon Finance A Good Broker?

We have spent over 5 years examining Ikon Finance in depth. Although we found some very useful aspects of the Ikon Finance platform that would be useful to some traders. We feel that a alternative to Ikon Finance may better suit you.

  • Ikon Finance have a good track record of offering Forex, Social Trading.
  • Ikon Finance has a history of over 12 years.
  • Ikon Finance has a reasonable sized customer support of at least 10.
  • Ikon Finance are regulated by the Financial Conduct Authority (FCA). Ikon Finance is subject to strict regulatory oversight from its respective jurisdiction, which holds Ikon Finance (the broker) accountable for misconduct. This regulatory framework helps ensure that Ikon Finance operates fairly and transparently and provides Ikon Finance customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Ikon Finance.
  • Ikon Finance have regulation from reputable regulators.
  • One of the advantages of using Ikon Finance is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Ikon Finance are particularly important as Ikon Finance traders want to receive their money quickly. With the efficient Ikon Finance payment processing system, traders can enjoy faster access to their Ikon Finance funds.
  • Ikon Finance have an international presence in multiple countries. Including local Ikon Finance seminars and training.
  • Ikon Finance can hire people from various locations in the world who can better communicate in your local language.

Ikon Finance Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Ikon Finance not quite right?

If after reading this Ikon Finance review, Ikon Finance does not fulfill your needs check out these Ikon Finance Alternatives.

Click here to view the best Ikon Finance Alternatives

We have spent years researching the best alternatives to Ikon Finance. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Ikon Finance alternatives available today. If you are unsatisfied with Ikon Finance or want to explore other options, we recommend checking out our carefully curated list of highly-rated Ikon Finance alternatives. Follow the links below to learn more about these Ikon Finance broker alternatives and choose the one that best suits your trading needs.

Related Ikon Finance Vs Comparisons

Throughout our comprehensive Ikon Finance review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Ikon Finance against other popular brokers in the industry, check out our Ikon Finance Vs pages. Our team has compiled a series of detailed Ikon Finance comparison articles, pitting the Ikon Finance platform against some of the best-rated Ikon Finance competitors in the market. Dive into our informative Ikon Finance Vs pages below to find out how Ikon Finance stacks up against other leading brokers.

Ikon Finance review
IKON FINANCE Frequently Asked Questions

Read our detailed Ikon Finance FAQ Section updated for 2023.

Can I try Ikon Finance?

Ikon Finance offer a demo account so you can try the Ikon Finance platform with virtual trading before you put down a payment. Virtual trading with Ikon Finance is zero risk. Learn more here

What funding methods do Ikon Finance accept?

Please note that the list of payment methods below depends on the Ikon Finance Entity and the client's Country of Residence.

Ikon Finance offer the following funding payment methods Credit cards, Bank Transfer, Neteller, Skrill, Payoneer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Ikon Finance safe?

Ikon Finance have over 10,000 users. Ikon Finance are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to Ikon Finance accounts by traders are held in a segregated bank account. For added security,Ikon Finance use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Ikon Finance is risky, and because the market is so volatile, losses could happen at any time.

Losses can exceed deposits

Is Ikon Finance trading good?

Ikon Finance is considered good and reputable to trade with Ikon Finance. Ikon Finance is used by over 10,000 traders and Ikon Finance users. Ikon Finance offers Forex trading, and Social trading. Minimum deposit with Ikon Finance is 200.

Is Ikon Finance trading Legit?

Ikon Finance was founded in London in 2011. Ikon Finance has been facilitating trade on the financial markets for over 12 years. Ikon Finance offers clients Forex trading, and Social trading. All funds deposited to Ikon Finance are held in segregated bank accounts for security. Ikon Finance is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is Ikon Finance a good broker?

Ikon Finance allows Forex trading, and Social trading. Ikon Finance is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.

Is Ikon Finance trustworthy broker?

Ikon Finance is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Ikon Finance, money is in a segregated bank account that is separate from Ikon Finance company's funds. As a regulated broker, Ikon Finance cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Ikon Finance. Instead, your Ikon Finance funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Ikon Finance. Also Ikon Finance is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA).

What is the minimum deposit for Ikon Finance?

The minimum deposit to trade with Ikon Finance is 200.

How long do Ikon Finance withdrawals take?

Withdrawing money from Ikon Finance processing time varies depending on the method but averages 1-5 days.

Is Ikon Finance regulated?

Ikon Finance is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of Ikon Finance maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Ikon Finance a market maker?

Ikon Finance is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Ikon Finance even if no buyer or seller is lined up.

How can I start trading with Ikon Finance?

When opening a trading account with Ikon Finance, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Ikon Finance trading platforms, you can follow the link provided below: Learn more about signing up with the Ikon Finance trading platform here. This will provide useful information and insights into the various trading platforms offered by Ikon Finance, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Ikon Finance?

Yes your money is safe with Ikon Finance.

Overall, strict financial regulation is essential for ensuring that trading platforms like Ikon Finance operate fairly, transparently, and responsibly, which ultimately benefits all Ikon Finance stakeholders involved.

Trading platforms like Ikon Finance must have strict financial regulation for several reasons:

  • Protecting Ikon Finance Investors: Strict financial regulation ensures that investors who use the Ikon Finance trading platform are protected against fraudulent or unethical behavior by the Ikon Finance platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Ikon Finance platform.
  • Maintaining Ikon Finance Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Ikon Finance trading platform. Regulatory procedures reduce the likelihood of the Ikon Finance platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Ikon Finance Transparency: Regulations require trading platforms like Ikon Finance to maintain detailed records and disclose Ikon Finance client information. Financial regulatory requirements enhances transparency and helps to build trust between the Ikon Finance platform and its investors.

Ikon Finance is regulated by the Financial Conduct Authority (FCA). When selecting a broker such as Ikon Finance, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Ikon Finance ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Ikon Finance.

Is Ikon Finance a con?

Ikon Finance is regulated and well established, having been in business for over 12 years. Ikon Finance is not a con.

Can you make money with Ikon Finance?

Although traders have had great success with Ikon Finance, trading on the financial markets with Ikon Finance is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Ikon Finance have fees?

Ikon Finance doesn't charge withdrawal fees. Ikon Finance doesn't charge inactivity fees. Ikon Finance doesn't charge deposit fees.

When was Ikon Finance founded?

Ikon Finance was founded in 2011.

How many people use Ikon Finance?

Ikon Finance is used by over 10,000 registered Ikon Finance users.

What is Ikon Finance Headquarters country?

Ikon Finance has its head quarters office in London .

Does Ikon Finance offer negative balance protection?

Ikon Finance does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Ikon Finance offer guaranteed stop loss?

Ikon Finance does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Ikon Finance allow scalping?

Ikon Finance offers scalping.

Does Ikon Finance allow hedging?

Ikon Finance offers hedging.

Does Ikon Finance offer CFD trading?

Ikon Finance does not offer CFD trading.

Does Ikon Finance offer STP?

Ikon Finance offers STP trading.

How many people use Ikon Finance?

Ikon Finance is used by over 10000 Ikon Finance users and traders.

Is Ikon Finance an ECN broker?

Ikon Finance offers ECN trading.

Does Ikon Finance offer a demo account?

Ikon Finance offers a demo account.

Does Ikon Finance offer an Islamic account?

Ikon Finance offers an Islamic account.

What are the funding methods for Ikon Finance?

Please note that funding methods and options available with Ikon Finance can be found in the Ikon Finance Members area and depend on the Ikon Finance clientโ€™s country of residence. Please check your specific available payment methods on the Ikon Finance website. Ikon Finance accept the following funding methods : Credit cards, Bank Transfer, Neteller, Skrill, Payoneer.

Ikon Finance review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Ikon Finance brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Ikon Finance review written by Mark Hansen of Comparebrokers.co