03 Feb IKON Finance Review 2025 In-Depth Key Findings

(h) IFL must immediately return cash balances to the relevant client for all trading accounts on which there are no open positions. In respect of trading accounts on which there are open positions, IFL must return cash balances to the ikon finance relevant client immediately after positions are closed in accordance with (g). In either case IFL may, instead of returning a cash balance to a client but only where a client so instructs, transfer the balance to another firm that is authorised and regulated by the Authority. The broker became one of the first financial institutions promoting trading online services and making them available for enterprise customers. Activities of the company are regulated and regulated by the UK Financial Conduct Authority (FCA). MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser.

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For information encryption functions, it supplies an industry-standard secure socket layer (SSL). If you would like to exchange with IKON Finance, you will need a minimum deposit of $200. This deposit is compulsory if you wish to start trading with IKON Finance. This 2025 IKON Finance review will guide you clearly about trading with them. IKON Finance is fair, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of tools will be beneficial for the majority of traders.

You simply have to complete a single-user profile questionnaire to begin depositing money into your trading account. You will have to give an identity evidence and evidence of residency to deposit substantial amounts. The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are spending a spread, financing rate, or a commission.

Metatrader 4 Webtrader and IKON Finance

In addition, due to regulatory restrictions which have been imposed on IKON by the FCA, IKON is no longer accepting any new clients. IKON must then immediately either refund the cash balance, or transfer the client funds to another FCA licensed broker. The changes to the operations of IKON Finance are active until the company fully complies with the specific FCA requirements which the regulator imposed on the brokerage. According to an initial announcement made to clients, the firm has been able to process withdrawals and transfer accounts to any other FCA regulated firm. The support remains on hand at all times through various options and services that are available to the client at any time.

Andorid mobile devices and tablets are used by millions of people globally. The Android IKON Finance MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely. IKON Finance is controlled by Turkish businessman Engin Yikilmazoglu.

It’s in compliance with the rules of Financial Conduct Authority (FCA). Understand the trading resources available with IKON Finance, Startrader & freetrade below. If trading forex pairs is of interest to you then IKON Finance offer over 45 currency pairs. IKON Finance has a wide variety of over 100 instruments available for you to trade with.

Broker Types

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We have tried to breakdown all the qualities and charges for your convenience. They have around 205 staff that help the company provide Financial Markets Access, to 10,000+ customers through MT4, ZuluTrade, Tablet & Mobile apps. (f) On or before 15 March 2017, IFL must establish a prominent message on the client log-in page on its proprietary and external online platforms which provides the information as set out in the letter at Annex A. Requirements are rules placed on the firm that apply to all of the financial services activities that it can operate.

• IKON Finance is a legit company headquarted in London since 2011.
• Over 10,000+ users registered with them can affirm to their trustworthy nature.
• Getting into the world of trading online requires expert analytical skills and thorough knowledge.
• We have tried to breakdown all the qualities and charges for your convenience.
• This means not every available option may be featured on this page.
• The broker became one of the first financial institutions promoting trading online services and making them available for enterprise customers.

Of course, there’s absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you choose them. It’s a common misconception that all agents are exactly the same, but that’s not correct. Wrong judgment, in the beginning, can set your investments at risk. This IKON Finance review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about IKON Finance to give you the most comprehensive guide available.

You will be asked to enter this code to log in to your accounts. These advantages are what sets IKON Finance apart from all other online agents. You should check all the benefits listed so you have a better understanding of IKON Finance.

• In addition, the withdrawn money will be moved directly to the account you use to create deposits.
• The IKON Finance phone support team was able to successfuly answer our queries and problems over the phone.
• Overall, Ikon Finance is a reliable FCA regulated company based in the UK, which offers different portfolio and allows various type investors or traders engage in trading across the range of multiple markets and platforms.
• You might also start positions, test different trading strategies, and more.

Trading Platforms

IKON Finance acknowledges the importance of having a fast order execution. A quick execution enables users to exchange without fretting about slippage safely. Over the past 14 years, IKON Finance has become one of the best online brokers available to the public. We recognize that well-informed decisions with IKON Finance are the cornerstone of successful trading. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about IKON Finance and how it can benefit you, or if IKON Finance might not be the right fit for you.

IKON Finance Review: Pros, Cons, And How It Stacks Up Updated for 2025

Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services. The reason that IKON Finance asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies.