IKOFX Forex Broker keeps up-to-date with the latest trading account information, including Mini Account, Standard Account, ECN Account maximum leverage of 1:1000, trading varieties, and more
Rating Index
Pros
No minimum deposit requirement, allowing traders to start with any amount they choose.
Low trading fees and spreads that are generally below the market average.
Offers a demo account for practice, enabling traders to explore the platform without financial risk.
Cons
Limited customer support options, as assistance is only available via email with delayed response times.
All trading instruments are CFDs, which may not appeal to traders looking for direct asset trading.
The broker has faced regulatory issues, including deregistration in some regions, raising concerns about its reliability.
IKOFX broker Accounts
Mini Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$1
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Gold,Silver,Currency Pairs
Standard Account
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$2000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
1
Commission
--
Products
Gold,Silve,Currency Pairs
ECN Account
Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$1000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Gold,Silver,Currency Pairs
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
- 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.
IKOfx Broker Account Opening Process
Opening an account with IKOfx is straightforward and typically involves the following steps:
IKOFX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
IKOFX accounts can be viewed for products that can be traded Gold,Silver,Currency Pairs accounts with a minimum deposit of $1 by (2+) --.