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Pros

User-friendly trading platform with support for MT4 and MT5.
Access to a variety of trading instruments and markets.
Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a degree of oversight.

Cons

Low overall reputation with a score of 1.42/10, indicating potential trust issues.
Lack of effective supervision and regulatory oversight.
Negative equity protection may lead to significant losses for traders.

IKOS broker Accounts

IKOS Account Types

IKOS offers several types of trading accounts to cater to different trading needs. The primary account types include:

  • Mini Account:
    • Minimum Deposit: $1
    • Maximum Leverage: 1:1000
    • Minimum Lot Size: 0.01 (1 cent per pip)
    • Contract Size: 10,000
    • Swap Free: Yes
    • Currency Pairs: 26 pairs
    • Commodities: Gold & Silver
    • Standard Account:
      • Minimum Deposit: $2,000
      • Maximum Leverage: 1:500
      • Minimum Lot Size: 1.0 ($1 per pip)
      • Contract Size: 10,000
      • Swap Free: Yes
      • Currency Pairs: 26 pairs
      • Commodities: Gold & Silver
      • ECN Account:
        • Minimum Deposit: $1,000
        • Maximum Leverage: 1:200
        • Minimum Lot Size: 1.0 ($1 per pip)
        • Contract Size: 100,000
        • Swap Free: No
        • Currency Pairs: 26 pairs
        • Commodities: Gold & Silver

        IKOS Broker Account Opening Process

        To open an account with IKOS, follow these steps:

        • Visit the Official Website: Go to IKOS Official Website.
        • Select Account Type: Choose the type of account that best suits your trading needs (Mini, Standard, or ECN).
        • Fill Out the Application Form: Provide personal information, including your name, email address, and phone number.
        • Submit Required Documents: Prepare and upload necessary identification documents such as a government-issued ID and proof of address.
        • Account Verification: Wait for IKOS to verify your documents. This may take a few business days.
        • Fund Your Account: After verification, deposit the minimum required amount for your chosen account type.
        • Start Trading: Once your account is funded, you can download the trading platform (MT4/MT5) and begin trading.
IKOS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
IKOS Account