Company Information

Get to know IKON Finance Limited

IKON Finance Limited was a financial services firm, formerly authorized and regulated by the UK's Financial Conduct Authority (FCA). The company provided online trading services for a range of financial instruments, including Foreign Exchange (Forex) and Contracts for Difference (CFDs) on indices, commodities, and equities, primarily through the MetaTrader 4 platform. It targeted both retail and institutional clients globally. However, the company faced significant regulatory issues, leading to it entering special administration in August 2017 and is no longer authorized by the FCA to conduct regulated business.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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IKON Finance Limited

United Kingdom

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.