IKOFX

Basic Information & Regulators of IKOFX

IKOFX is a global online forex trading provider based in Vanuatu, founded to help investors succeed in forex trading. IKOFX does not have regulatory information on its website.

Safety Analysis

IKOFX is currently unregulated, which means that the safety of client funds cannot be effectively protected. Therefore investors should be careful to stay away from the IKOFX.

Markets Instruments

Investors on the IKOFX platform can trade over 20 currency pairs, as well as negotiable commodities such as gold and silver.

Leverage & Accounts of IKOFX

IKOFX offers three different trading accounts to meet clients' needs worldwide, and all trading accounts are available for trading via MT4. These three accounts are the Mini account (minimum deposit of $1), the Standard account (minimum deposit of $2,000), and the ECN account (minimum deposit of $1,000). The maximum trading leverage for the Mini account is 1:1000, the maximum trading leverage for the Standard account is 1:500 and the maximum leverage for the ECN account is 1:200.

Spreads & Deposit Bonuses of IKOFX

EURUSD spreads is at 2 pips, EURGBP spreads at 3 pips, EURJPY spreads at 3 pips, AUDUSD spreads at 3 pips, GBPAUD spreads are 15 pips, GBPAUD spreads are 23 pips, Gold spreads are 100 pips, and Silver spreads are 6 pips. IKOFX has launched a series of deposit bonus promotions where users are entitled to a 40% credit bonus from every deposit of no less than $100. Each live account must receive an exact amount of $100 or more to grant a deposit bonus automatically, and all complaints/disputes about not receiving a deposit bonus due to insufficient amounts deposited to a live account will not be entertained. The maximum credit bonus is $3,000 per account.

Trading Platform Available of IKOFX

IKOFX offers traders an iPhone trading platform, iPad trading platform, and Android trading platform to meet a wide range of user needs. IKO iPhone Trader is an Apple-compatible trading platform that provides traders with trading services as well as mobile trading services. iPad version includes all iPhone features, the ability to Simultaneous viewing, can be independently set up 4 charts.

Deposit and withdrawal of IKOFX

Traders can transfer funds through a bank (deposit fees between $12-$50,and withdrawal fees of $25), local agents (deposit fees of 3%, withdrawal fees also 3%), credit cards (deposit fees of 5.2%, withdrawal fees of $10), Perfect Money (no deposit and withdrawal fees) to deposit and withdraw fund from their IKOFX account.