“ Non-Deliverable Forwards ”
Ikon GM is proud to offer Emerging markets non-deliverable forwards (NDFs) on Brazilian Real, Russian Ruble, Indian Rupee and Columbian Peso. IKON GM are among the first companies to offer NDFs through the Ikon Platinum platform.
Trading Hours
Our trading hours are from 5 p.m. EST Sunday, until 5 p.m. EST Friday with no exception other than the official holidays when local markets are closed.
Leverage and Minimum Deposit
Minimum deposit is $1,000
The leverage on NDF currency pairs is 1:20
Funding and Withdrawals
Ikon GM allows funding via:
- Wire
- Check
- eWallet
- Credit Card
- Paypal
- Moneybookers
and withdrawals are done via wire, check (if amount is less than $1,000) or via Paypal.
We accept USD, AUD, EUR, CHF, CAD and NZD funding.
Commissions
There are no transactional commision costs other than the bid and ask price.
Order Types
We only accept market orders over the online system for NDFs.
Instruments and Spreads
Ikon GM offers liquidity in:
| Indian Rupee - | USD/INR 6-7 wide |
| Brazilian Real - | USD/BRL 20-30 wide |
| Russian Ruble - | USD/RUB 6-10 wide |
| Columbian Peso - | USD/COP 6-10 wide |
Minimum and Maximum Lot Size
The minimum lot size is 50,000 notional for NDFs while the maximum amount is 5m Notional.
Account Types
Client Account, Money Manger (MM), Broker Account
Demo
You can open full functional 30 day demo accounts here.
Account Opening Procedure
Ikon GM accepts applications both via hard copy pdfs and online application. You can find all account opening related information under our Account Opening page.
Our Account Opening process takes on average 2 business days, after receipt of all documents.
Support and Technical Assistance
- Live Chat
- Email: support@ikongm.com
- Phone: 1-800-597-1581
Did You Know?
"That IKON GM Serve as Initial Market Making Member on SMX."
