Icon FX Account Type
Icon FX offers two main types of trading accounts to cater to different trading styles and preferences:
- Standard Account:
- Spreads: From 0.6 pips
- Commission: None
- Minimum Deposit Required: No limit
- Minimum Trade Size: 0.01 lots
- Markets: 50+ FX pairs, crypto, metals, CFDs
- Leverage: Up to 500:1
- Professional Account:
- Spreads: From 0.0 pips
- Commission: $7 per lot
- Minimum Deposit Required: No limit
- Minimum Trade Size: 0.01 lots
- Markets: 50+ FX pairs, crypto, metals, CFDs
- Leverage: Up to 500:1
Both account types provide access to a wide range of trading instruments and the flexibility to trade without a defined minimum deposit, making it suitable for traders of various experience levels.
Icon FX Broker Account Opening Process
To open an account with Icon FX, follow these steps:
- Registration:
- Visit the Icon FX website and fill in the online registration form with your personal details.
- Verification:
- Upload your KYC documents to complete the verification process. This typically includes a valid government-issued ID and proof of residency.
- Approval:
- Once your documents are approved, you will be introduced to your dedicated account manager.
ICOFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .