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Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Provides a user-friendly trading platform (MT4) known for its reliability and features.
High execution speed and good customer support, which can enhance the trading experience.

Cons

Lacks proper regulation, which may pose risks to traders regarding safety and security of funds.
No insurance for clients, leaving traders vulnerable in case of broker insolvency or issues.
The company has received warnings from review platforms advising against opening accounts due to its unregulated status.

IKON MENKUL broker Accounts

Ikon Menkul Account Type

Ikon Menkul offers a variety of trading account types to cater to different traders' needs. The available account types include:

  • Classic Account:
    • Minimum Deposit: Not specified
    • Spreads: Floating
    • Leverage: Up to 500:1
    • Suitable for beginners and those who prefer to trade with lower costs.
    • Plus Account:
      • Minimum Deposit: Not specified
      • Spreads: Floating
      • Leverage: Up to 500:1
      • Offers additional features compared to the Classic account.
      • Pro ECN Account:
        • Minimum Deposit: 1,000 USD
        • Spreads: From 0.1 pips
        • Leverage: Up to 100:1
        • Ideal for experienced traders seeking tighter spreads and direct market access.
        • Pro Account:
          • Minimum Deposit: 1,500 USD
          • Spreads: From 0.8 pips
          • Leverage: Up to 100:1
          • Tailored for high-volume traders and those requiring advanced trading features.

          Ikon Menkul Broker Account Opening Process

          To open an account with Ikon Menkul, follow these steps:

          • Visit the Ikon Menkul Website: Navigate to the official website of Ikon Menkul.

          • Choose the Account Type: Select the type of account you wish to open based on your trading needs and preferences.

          • Fill Out the Registration Form: Complete the online registration form with your personal details, including your name, email address, and contact information.

          • Submit Identification Documents: Provide the necessary identification documents as required by the broker, which may include a government-issued ID and proof of address.

          • Fund Your Account: Deposit the minimum required amount for your chosen account type using one of the available payment methods.

          • Start Trading: Once your account is verified and funded, download the trading platform (MT4) and begin trading.

          • By following these steps, you can successfully open an account with Ikon Menkul and start your trading journey.

IKON MENKUL accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
IKON MENKUL Account