IKON MENKUL Forex Broker

IKON MENKUL Review SummaryFounded2013Registered Country/RegionTurkeyRegulationNo regulationMarket InstrumentsForex, Commodities, Metals, Stocks, IndicesDemo Account✅LeverageUp to 1:10EUR/USD Spread1 pipTrading PlatformMT4, Online Şube, Matriks, ForInvest, iDealDataMinimum Deposit/Customer SupportPhone: 444 4 566, 0212 454 8400Email: info@ikonmenkul.com.trSocial Media: Facebook, Instagram, YouTube, LinkedIn, Twitter, TikTok, TelegramIKON MENKUL Information IKON Menkulis a Turkish brokerage firm providing a wide range of financial services for individual and institutional investors. Specializing in Forex, Commodities, Metals, Stocks, and Indices, IKON Menkul offers access to global and local markets with competitive leverage and a variety of trading accounts. The firm also provides comprehensive tools and platforms, including MetaTrader 4 and its proprietary trading systems.Pros & ConsProsConsWide range of market instrumentsNo regulationFive trading platforms supportedConditions set for opening live accountsDemo accounts availableThe website only supports TurkishNo deposit and withdrawal feesVarious contact channelsIs IKON MENKUL Legit? IKON MENKUL has not been regulated by any authorities. You should take care when you engage with this platform.What Can I Trade on IKON MENKUL? IKON MENKUL offers a wide range of tradable products, including Forex, Commodities, Metals, Stocks, and Indices.Tradable InstrumentsAvailableforex✔metals✔commodities✔indices✔stocks✔cryptocurrencies❌bonds❌options❌ETFs❌Account Type IKON MENKUL offers a demo account and a real account. However, before opening a real account at IKON Forex, traders must have made at least 50 transactions within 6 business days in their demo account, which is defined by their name and the e-mail address they will specify in the contract.Leverage KON Menkul offers flexible leverage options up to 1:10. Traders and their chosen brokerage can decide on the amount of leverage they wish to use. Leverage allows you to control a larger position in the market with a smaller amount of capital. However, while traders have the freedom to negotiate the leverage, there‘s a cap—the leverage ratio can’t exceed 1:10. This means that for every 1 unit of your own money, you can control up to 10 times that amount in trades.Fees According to KON Menkul, commission structures vary across the markets, with Forex usually offering a commission-free model where brokers make their money from spreads.Trading AssetsCommissionStocksVaryVOBVaryForex❌ IKON Menkul asserts that it does not charge deposits and withdrawals.Trading Platform IKON Menkul claims to support multiple trading platforms:Online Şube: Web-based platform for BIST and VİOP transactions.Matriks: Advanced charting and trading platform.MetaTrader 4 (MT4): For forex, commodities, and international stocks.ForInvest: Comprehensive market data and analysis tools.iDealData: Real-time price data and in-depth analysis.Trading PlatformSupported Available Devices Suitable for MT4✔Desktop, Mobile, WebBeginnersOnline Şube✔//Matriks✔//ForInvest✔//iDealData✔//MT5❌/Experienced tradersDeposit & Withdrawal IKON Menkul accepts depositing methods including:IsbankGaranti BankYapı Kredi BankAkbankFinansbankTakasbank