IkkoTrader Review
Introduction
ChargeXO Investments Ltd is located in the UK, France, Belgium and Luxembourg. They own and operate the binary options brand known as Ikko Trader. As a broker that uses the platform built by SpotOption and its location in the parts of Europe that are French-speaking, it is not surprising to see that the primary language of the platform is French. This makes it an attractive option for French-speaking traders. Despite this, the website has facilities for translation. All the trader needs to do is to select the drop-down menu from the top of the page to select the desired language.
Trade Types
IkkoTrader uses the SpotOption trading platform and offers the following:
a) Call/Put:
b) OptionBuilder: Call/Put trade type where the trader can set his preferred expiry time.
c) One Touch: A Touch option that has a payout of 250% to 400%, depending on the asset.
d) Open Platform: This is where the trader can close a trade before the pre-set expiry time in order to take profits early.
e) The 60 second option is the speculative Call/Put trade that lasts one minute.
Asset Index
Assets that can be traded on the IkkoTrader platform are:
a) Currencies: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, USDBRL, USDCAD, USDCHF, USDJPY, USDRUB, USDSGD, USDTRY, USDZAR.
b) Stocks: Apple, BAE Systems, Citi, Coca Cola, Gazprom, Google, HSBC Holdings, Lukoil, Microsoft, Nike, Petrolio Greggio, Reuters, Rolls Royce Sberbank, Turkcell.
c) Commodities: Platinum, gold, silver and crude oil.
d) Stock Indices: Bombay SE, DSM20, Dow, EGX30, FTSE100, ISE30, Kuwait Index, MICEX 10, MSM30, NASDAQ100 RTS, S&P500, SSE180 (Shanghai), Straight Times, TADWUL, Xetra Dax.
Trade Requirments
Accounts on IkkoTrader can be denominated in US Dollars and Euros. The minimum amount required to start a binary options career on Ikko Trader is 200 USD/Euros. This will vary with the transaction method used by the trader in moving funds.
Deposits and withdrawals on IkkoTrader can be made in the following ways:
a) Credit cards: As a European broker, IkkoTrader accepts all major credit cards. Credit card deposits are processed instantly. The use of credit cards is regulated strictly, and traders have to comply with the verification procedure as well as deposit limit of $5,000 USD/Euros. Card transactions on IkkoTrader are free. .
b) Bank wires attract a service fee of $25. This method is widely accessible hence its popularity.
The maximum investment per trade allowed on Ikko Trader is 1500 USD/Euros. Traders can withdraw as low as 100 US Dollars/Euros from their IkkoTrader account. However, those using wire transfers are better off allowing their profits accumulate before they can make reasonable withdrawals.
Traders are entitled to several bonuses on IkkoTrader. These include the welcome bonus, the Facebook bonus (worth 30% of account size and claimable by liking the IkkoTrader Facebook page), the e-Pin bonus worth 100 Euros and the seasonal bonuses (Easter, Christmas and Valentine’s Day).
Customer Support
The Customer support desk on Ikko Trader is multilingual and is available 24/7 via Live Chat, email (support@ikkotrader.com) and a toll-free phone line at +442035149836.