www.ikkotrader.com has been flagged by AMF (France) for "Unauthorised". Category: Forex|Options_binaires This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ikkotrader.com.
The so-called education at www.ikkotrader.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since the beginning of the year thinking they would help me learn.
Pros: Competitive fees|Professional team
Cons: Withdrawal takes 1-2 business days|Email notifications too frequent
I am in a dispute with www.ikkotrader.com over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Good mobile app|Wide product range|Customizable dashboard
Cons: Withdrawal takes 1-2 business days
I have been trying to close my account with www.ikkotrader.com for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Risk management tools|Demo account available|Personal attention
Cons: No fractional shares
www.ikkotrader.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Regular updates|Helpful community forum|Professional team|Detailed reporting
Cons: Cannot customize dashboard fully
www.ikkotrader.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Responsive team|API access|Excellent charting
Cons: No phone support on weekends
www.ikkotrader.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Clear documentation|Automated trading options
Cons: Live chat only during business hours|No fractional shares
I joined www.ikkotrader.com after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Low minimum deposit|Fast execution|Segregated accounts|Clean UI
Cons: Research section could be deeper|No crypto staking
Do not use www.ikkotrader.com for anything serious. I used them since last summer for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Copy trading available|Competitive fees
Cons: Wish they had more educational resources|Minimum deposit could be lower
I referred a friend to www.ikkotrader.com after hearing about them at a conference. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Segregated accounts|Easy withdrawals|Economic calendar
Cons: No integrated tax optimization