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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.21
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Note: Since Iona-Vins official site (https://kbcapitals.com) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Iona-Vin is allegedly an unregulated forex broker registered in the UK that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:400 on the MT4/MT5 trading platform, as well as a choice of four different account types.
Market Instruments
Iona-Vin advertises that it offers a wide range of trading instruments in financial markets, including forex, metals, energy, indices, commodities and CFD shares.
Account Types
There are four live trading accounts offered by Iona-Vin, namely Silver, Gold, Platinum and Manage. Opening a Silver or Manage account requires the minimum initial deposit amount of $250, while the other two account types have much higher minimum initial capital requirements of $3,000 and $25,000 respectively.
Leverage
Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Silver account can experience leverage of 1:200, the Gold account has a leverage of 1:300, while the Platinum and Manage accounts can enjoy the maximum leverage of 1:400. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Trading Platform Available
Iona-Vin is in MT4/5 White Label, therefore, the industry-standard MetaTrader4 or MetaTarder5 may be available. However, we cannot verify which platform the broker offers due to its broken links. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
Iona-Vin‘s customer support can only be reached by email: admin@iona-vin.cc. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer.
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