Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers IKON Royal And ForexGen


 Compare more forex brokers

Visit IKON Royal Visit ForexGen


Subjective Ratings

Compare Category

IKON Royal

ForexGen

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Zero Execution Rating
Transaction costs (spreads): Three and Half star Transaction Costs (spreads) Rating Four and Half star Transaction Costs (spreads) Rating
User-friendliness: Four and Half star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Three and Half star Customer Support Rating Zero Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Zero Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Zero Withdrawal processing Rating
Average rating: Three and Half star Average Rating Two and Half star Average Rating

Visit IKON Royal Visit ForexGen

Business Details

Compare Category

IKON Royal

ForexGen

 
Registered Business Name: IKON Global Markets Inc. ForexGen
Broker Headquarters: New York, USA Oslo, Norway
Also has offices in: None none
Regulated By: NFA (0327622)
FCM registered with CFTC
Unregulated
In business since year: 2003 2006
Broker Capital as of 02-2009 $15,013,602 Unknown
Client Account Segregation: No No
Collect Taxes on Earnings:   No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
BPS (USD only) $0 $0
Check $0 $0
PayPal $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
Wire Transfer $10 $20
Main liquidity providers:   Private investors

Visit IKON Royal Visit ForexGen

Trading Details

Compare Category

IKON Royal

ForexGen

 
Browser platform: None None
Downloadable platform: IKON MetaTrader 4 (MT4) ForexGen Metatrader 4 (MT4)
Mobile platform: None None
Phone dealing: Yes No
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Not loaded
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Mini Account 500:1* $250/$2,500 100/limited by margin
Standard Account 100:1* $2,500/unlimited 1,000/5,000,000
Pro Account 100:1* $5,000/unlimited 1,000/5,000,000
No Dealing Account 100:1* $20,000/unlimited 1,000/5,000,000
Premium Account 100:1* $50,000/unlimited 1,000/5,000,000
Swap-free accounts       - All accounts are swap-free
Tradeable Instruments: 22    26   
No Dealing Desk Execution: No No
Typical spread on EUR/USD: 2 pips (0.0002) 1 pip (0.0001)
Fixed spreads: No No
Guaranteed stop losses? Yes, except under extraordinarily volatile conditions No
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes Yes
Automated Trading: Yes, on MT4
Trading Hours:   Open: Sun 21:00GMT Close: Fri 20:00GMT
Timezone GMT+2 (No Sunday bar in charts GMT
Scalping allowed: No No
Account currencies available: USD USD
Platform languages: English Arabic, Bulgarian, Chinese, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: English Arabic, English, Norwegian
Demo account: 14 days 30 days
Live chat support: Yes, during trading hours Yes, but not helpful
Interest on Margin: No No
Promotions & tournaments:   10% of deposit on Mini and Standard Accounts at ForexGen

Visit IKON Royal Visit ForexGen


Bookmark and Share