IKOfx Account Type

IKOfx offers three different types of trading accounts to cater to various trading needs and experience levels:

• Mini Account
• Minimum Deposit: $1
• Maximum Leverage: 1:1000
• Minimum Trade Size: 0.01 lots (equivalent to $1 per pip)
• Contract Size: 10,000 units
• Available Instruments: 26 currency pairs, gold, and silver
• Swap-Free Option: Available
• Standard Account
• Minimum Deposit: $2,000
• Maximum Leverage: 1:500
• Minimum Trade Size: 1 lot (equivalent to $10 per pip)
• Contract Size: 100,000 units
• Available Instruments: 26 currency pairs, gold, and silver
• Swap-Free Option: Available
• ECN Account
• Minimum Deposit: $1,000
• Maximum Leverage: 1:200
• Minimum Trade Size: 0.01 lots (equivalent to $1 per pip)
• Contract Size: 100,000 units
• Available Instruments: 26 currency pairs, gold, and silver
• Swap-Free Option: Not available

IKOfx Broker Account Opening Process

Opening an account with IKOfx is straightforward and typically involves the following steps:

• Visit the IKOfx Website
• Navigate to the official IKOfx website to initiate the registration process.
• Fill in Personal Information
• Provide necessary personal details such as name, contact information, and residence address.
• Submit Identification Documents
• Upload required identification documents, which may include a government-issued ID and proof of residence.
• Select Account Type
• Choose the type of account that best suits your trading preferences and goals (Mini, Standard, or ECN).
• Agree to Terms and Conditions
• Review and accept the terms and conditions outlined by IKOfx.
• Receive Confirmation
• Upon successful completion, you will receive confirmation of your newly created trading account along with login credentials to access the trading platform.