IKOFX Review 2021

Analysis of the Main Features of the Forex Broker

3.08

Overall rating

2.87

/10

Execution of orders

3.29

/10

Investment instruments

2.93

/10

Withdrawal speed

3.23

/10

Customer Support work

2.71

/10

Variety of instruments

3.45

/10

Trading platform

166

Position
in rating

166

Position in rating

3.08/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of IKOFX Trading Company

IKOFX, also known as IKO Global Limited, is among the world's top Forex brokerage companies. The company is regulated by Vanuatu Financial Services Commission under reg. number 14547. As a regulated financial service provider, it is a trusted and reliable partner for traders from all over the world.

Attention!

We work exclusively with the accounts opened through Traders Union.

IKOFX Latest Comments 2021

0
3
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of IKOFX published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I completely arranged their demo account and how long did I spit from real money in ikofx. In general, heaven and earth! I don't understand how you can lie to customers so much! Sooner or later, you will still be taken out to clean water! Minus one client in my face already exists. Who is next?

They advertised the Status WebTrader platform as a suitable option for those who are just starting out. Nifiga like that! Here, in general, the devil will break his leg and what is most terrible is the regular hang-ups. And even if you have an awesome provider at least 100 times and there are no disconnections, ICON FX will still not trade smoothly, and you will also be accused of poor Internet connection.

At IkoFx com, a complete mess is going on. Not only does the trading platform freeze constantly, but it is also impossible to place orders. Rather, it is possible to postpone. But it doesn't work. For the fourth time, a pending order has not been triggered. I wrote to the support service, they said that they were dealing with this. But they figure it out for a very long time, and it is impossible to trade.

Analysis of the Main Features of the Forex Broker

3.08

Overall rating

2.87

/10

Execution of orders

3.29

/10

Investment instruments

2.93

/10

Withdrawal speed

3.23

/10

Customer Support work

2.71

/10

Variety of instruments

3.45

/10

Trading platform

Dynamics of the Popularity of IKOFX
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Geographic Distribution of IKOFX Traders

Trading Conditions for IKOFX Users

Trading platform: MT4, Web Trader, Mobile Apps
Accounts: Mini Account, Standard Account, ECN Account
Account currency: USD
Replenishment / Withdrawal: Bank Wire Transfer, Local Depositor, Credit Card, Perfect Money, Liberty Reserve.
Minimum deposit: $1 USD
Leverage: 1:1000
PAMM-accounts: No
Min Order: 0.01
Spread: From 0.2 p
Instruments: Currency Pairs, Commodities
Margin call/Stop Out: 100/30%
Liquidity provider: No
Mobile trading: Mobile Platforms
Affiliate program: Yes
Orders execution: Market execution
Trading features: No
Contests and bonuses: Deposit Bonus

Comparison of IKOFX with other Brokers

IKOFX FxPro XM Group Admiral Markets UK AvaTrade FXTM
Trading
platform
MT4, WebTrader, Mobile Apps MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MT4, MT5, MobileTrading, WebTrader
Min deposit $1 $100 $5 $200 $100 $1
Leverage From 1:1
to 1:1000
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:1
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 0 points
Level of margin call
/ stop out
100%  /  30% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10% 40%  /  20%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution Market Execution, Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes Yes

Broker comparison table of trading instruments

IKOFX FxPro XM Group Admiral Markets UK AvaTrade FXTM
Forex Yes Yes Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes No
Crypto No Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes No Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No No No Yes No No
Options No No No No No No

Contacts

Registration address Vantu House, 133 Santina Parade, Elluk, Port Vila, Efate, Vanuatu
Regulation
Contacts

Tags:

ikofx iko fx IKOFX IKO FX IKO FX LTD IKO FX Ltd IkoFx

The Oldest Reviews of the IKOFX

The reviews by customers of the IKOFX indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of IKOFX published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

At IkoFx com, a complete mess is going on. Not only does the trading platform freeze constantly, but it is also impossible to place orders. Rather, it is possible to postpone. But it doesn't work. For the fourth time, a pending order has not been triggered. I wrote to the support service, they said that they were dealing with this. But they figure it out for a very long time, and it is impossible to trade.

They advertised the Status WebTrader platform as a suitable option for those who are just starting out. Nifiga like that! Here, in general, the devil will break his leg and what is most terrible is the regular hang-ups. And even if you have an awesome provider at least 100 times and there are no disconnections, ICON FX will still not trade smoothly, and you will also be accused of poor Internet connection.

I completely arranged their demo account and how long did I spit from real money in ikofx. In general, heaven and earth! I don't understand how you can lie to customers so much! Sooner or later, you will still be taken out to clean water! Minus one client in my face already exists. Who is next?

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FAQs

Do reviews by traders influence the IKOFX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about IKOFX you need to go to the broker's profile.

How to leave a review about IKOFX on the Traders Union website?

To leave a review about IKOFX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about IKOFX on a non-Traders Union client?

Anyone can leave feedback about IKOFX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with IKOFX through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.