Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers IKON Royal And Trading Point Forex


 Compare more forex brokers

Visit IKON Royal Visit Trading Point Forex


Subjective Ratings

Compare Category

IKON Royal

Trading Point Forex

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Four star Execution Rating
Transaction costs (spreads): Three and Half star Transaction Costs (spreads) Rating Four 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 Four star Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Five star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Four and Half star Average Rating

Visit IKON Royal Visit Trading Point Forex

Business Details

Compare Category

IKON Royal

Trading Point Forex

 
Registered Business Name: IKON Global Markets Inc. Trading Point of Financial Instruments
Broker Headquarters: New York, USA Limassol, Cyprus
Also has offices in: None None
Regulated By: NFA (0327622)
FCM registered with CFTC
FSA (UK), Bafin (Germany), FI (Finland), CySEC (Cyprus)
In business since year: 2003 2009
Broker Capital as of 02-2009 $15,013,602 Unknown
Client Account Segregation: No Yes, client funds are segregated from company operating capital.
Collect Taxes on Earnings:   No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
BPS (USD only) $0 $0
Check $0 $0
PayPal $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
Credit Card $0 $0
Liberty Reserve $0 $0
Moneybookers $0 $0
NETeller $0 $0
Wire Transfer $0 $0
Main liquidity providers:   Unknown

Visit IKON Royal Visit Trading Point Forex

Trading Details

Compare Category

IKON Royal

Trading Point Forex

 
Browser platform: None None
Downloadable platform: IKON MetaTrader 4 (MT4) Trading Point Metatrader 4 (MT4)
Mobile platform: None No
Phone dealing: Yes Yes
Order processing: Market Maker All orders routed through dealing desk.
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Not loaded
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Micro 500:1* $1/$3,000 1,000/100,000 units Swap-free (Islamic) optional
Executive 100:1* $100,000/unlimited 100,000/5,000,000 units Swap-free (Islamic) optional
Standard 200:1* $3,000/$100,000 100,000/5,000,000 units Swap-free (Islamic) optional
Swap-free accounts       Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 22    58   
No Dealing Desk Execution: No All orders are automatically routed straight through. Dealing desk exists only to deal over the phone.
Typical spread on EUR/USD: 2 pips (0.0002) 1.9 pips (0.00019)
Fixed spreads: No Optional (variable by default, but client can request fixed)
Guaranteed stop losses? Yes, except under extraordinarily volatile conditions No, all orders are executed at best available price.
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes Yes, traders can hold both long and short positions in the same currency pair at the same time.
Automated Trading: Yes
Trading Hours:   00:00 GMT Sunday - 00:00 GMT Friday
Timezone GMT+2 (No Sunday bar in charts GMT
Scalping allowed: No Yes, all trading methods are accepted.
Account currencies available: USD AUD, CHF, EUR, GBP, JPY, 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 English, French, Greek, Japanese, Malay, Polish, Russian, Spanish
Demo account: 14 days 30 days
Live chat support: Yes, during trading hours Yes
Interest on Margin: No Yes on unused margin
Promotions & tournaments:   20% bonus on initial deposit, 10% on all subsequent deposits.

Visit IKON Royal Visit Trading Point Forex


Bookmark and Share