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The foreign exchange market has grown to over $4 trillion notional traded daily. This 24 hour market continues to thrive as more opportunities and products develop for both the day trader and the long term investor. Foreign exchange has become a more accessible asset class to the retail investor due to market driven technology and IKON is in a leading status offering new opportunities to investors.
Our trading hours are from 5 p.m. EST Sunday, until 5 p.m. EST Friday with no exception other than the official holidays when local markets are closed.
Minimum deposit is $1,000
Maximum Leverage for FX is 1:300 and for Spot Metals 1:100
IKON allows funding via :
- Wire
- Credit Card
- Moneybookers
and withdrawals are done via wire.
We accept USD, AUD, EUR, CHF, CAD and NZD funding.
Please click here for the Funding Page or here for the Withdrawal from backoffice
Prodigy : Prodigy is IKON’s state of the art Foreign Exchange, Metals, NDF and Option trading platform.
Viking : Viking, powered by Currenex technology, offers institutional experience for retail clients
Meta Trader 4 : The well-known retail client terminal MT4 is now better than ever with IKON prices and stability
We offer solutions for money manager accounts such as MAM accounts with various allocation methods and Broker account settings.
There is no transactional commission on 4 digit spreads (costs are in the spread), while 5 digit spreads are offered with an extra transactional commissions charge.
We offer streaming dealable prices and fast efficient execution.
Market Orders : An order to buy or sell immediately at the best available price
Limit Orders : An order to buy or sell at a specified target price or better
Stop Orders : An order to buy or sell when the market surpasses a specified price. This order is usually used to stop losses but can also be used as an entry order
OCO Orders : One cancels the other. One limit and one stop order where the fill of one leg cancels the other leg
If Done Orders : A two legged order where the fill of the first leg activates the second leg
IKON offers up to 48 Currency pairs, Gold, Silver and 4 Non-deliverable forward Currency pairs.
We accept orders starting from 1,000 notional to 10m on a single ticket.
IKON accepts applications both via hard copy PDFs and online application. You can find all account opening related information under our Account Opening page. Our Account Opening process takes on average 2 business days, after receipt of all documents.
- Live Chat
- Email: info@ifscl.com
- Phone: +64 (9) 304-0381