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Rating Index

Pros

Wide range of trading platforms available, including MetaTrader 4 and proprietary options, catering to various trader preferences.

High leverage options up to 500:1, allowing traders to maximize their potential returns on investment.

Regulated by multiple authorities (FCA, ASIC), providing a level of trust and security for clients.

Cons

Limited information on the current regulatory status and potential risks associated with the broker, leading to concerns about its credibility.

Minimum deposit requirements may be higher compared to some competitors, potentially limiting access for novice traders.

Mixed reviews on customer service quality, with some clients reporting difficulties in communication and support.

IKON Group broker Accounts

Ikon Group Account Type

Ikon Group offers several types of trading accounts to cater to different trading styles and preferences. The main account types include:

Standard Account

Minimum Deposit: $150
Maximum Leverage: 1:500
Minimum Lot Size: 0.01
Spread: Variable
Commission: 0.0
Scalping Allowed: Yes

ECN Account

Minimum Deposit: $1,000
Maximum Leverage: 1:500
Minimum Lot Size: 0.01
Spread: Floating, starting from 1 pip
Commission: Varies based on trading volume

Managed Accounts

Available for: Money managers (MAM, PAMM)
Features: Professional management of funds with the potential for higher returns.

All accounts support multiple currencies, including USD, GBP, EUR, JPY, and HKD. Additionally, swap-free accounts are available for clients who require them.

Ikon Group Broker Account Opening Process

Opening an account with Ikon Group is a straightforward process. Here are the steps to follow:

Visit the Website:

Go to the Ikon Group official website.

Choose Account Type:

Select the type of account you wish to open (Standard, ECN, or Managed Account).

Fill Out the Application:

Complete the online application form with your personal details.

Upload Verification Documents:

Submit necessary documents for identity verification (e.g., ID, proof of address).

Fund Your Account:

Deposit the required minimum amount based on the selected account type using available funding methods such as bank transfer, credit card, or e-wallets.