FX options are derivative products of regular spot FX and enable the investor to more advanced trading strategies. You may invest directly in options for various investment timelines or you may hedge your spot positions. We offer deep liquidity with tight spreads on an excellent user interface.
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; Streaming executable prices on standardized European vanilla options and RFQ system for all remaining strikes and dates.
We offer Money Manager Accounts and Broker Accounts for Managed Account Solutions
Margin is netted among offsetting positions to enhance your leverage.
There is no transactional commission on option trades
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
IKON offers options on 15 Currency pairs, Gold, Silver and non-deliverable USDINR
We accept orders starting from 1,0000 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
