IKOFX Review
Updated: April 2, 2026
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Fast Facts
Contact Info and Support
Website: http://www.ikofx.com
Traffic information
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About IKOFX
IKOFX (trading name of IKO Global Limited) is not found in the official register of the Vanuatu Financial Services Commission (VFSC) under the claimed company number 14547, indicating the absence of a valid regulatory licence and lack of protection for clients’ funds.
IKOFX offers three account types—Mini (minimum deposit $1, leverage up to 1:1000), Standard (minimum deposit $2,000, leverage up to 1:500), and ECN (minimum deposit $1,000, leverage up to 1:200)—with trading available via MetaTrader platforms. Instruments include approximately 20–26 currency pairs and CFDs on gold and silver. Spreads on EUR/USD are typically around 2 pips on fixed-spread accounts.
Pros and cons
Pros
- Low minimum deposit of $1 for Mini account
- Support for Islamic (swap-free) accounts
- Availability of MetaTrader platforms (MT4/MT5 and WebTrader)
Cons
- No verified regulation; not listed with VFSC, deregistered in New Zealand
- Client funds are unprotected; no segregated accounts or compensation scheme
- Multiple complaints reported about withdrawal issues and poor support
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