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FREQUENTLY ASKED QUESTIONS

Find answers for Frequently Asked Questions or contact our friendly client support team on our 24/5 live chat feature.

Question mark- Icon FX Online Forex Broker
A: Icon FX is a CFD broker that strives to give its clients the best trading conditions and experience possible through the use of innovative platforms, tools and service.
Icon FX is own by Icon Tech PTY Ltd.
Yes, we have ASIC (The Australian Securities and Investments Commission) regulation. We also licensed by the FSA regulation (Financial Services Authority).
Icon FX client funds are held in segregated accounts in tier 1 banks, as per the instruction of our regulatory bodies.
Icon FX is a regulated broker and follows both KYC & anti money laundering guidelines, all information is secure and gathered to meet our legal regulatory obligations. We conform to strict GDPR laws and will never release any personal information to a third party.
All card details along with all personal information is safeguarded with best in class cyber security as per our privacy policy.
Professional, Standard, Demo, and Islamic accounts.
We do not have a minimum funding requirement on our accounts.

We strive to keep our spreads as low as possible and deliver rapid executions, we have no dealing desk intervention and no requotes.
Icon FX are an STP broker meaning we send the client’s orders directly to the liquidity providers for fulfillment.
Simply complete the sign up form at the top of the Icon FX home page, and select ‘Open Account’.

On the Pro account clients receive a raw spread and pay a small commission on each trade. On the Standard account there is zero commissions but the spreads are slightly wider. 
We offer leverage up to 1:500.

Yes

Yes, visit our education page by clicking here.

50+ currency pairs are available to trade on our platfroms. 
We also offer commodities, indices and cryptos.

You can deposit using Visa or Mastercard, Bank Transfer, Cryptos, Mobile Money, Neteller, Skrill and other payment solutions.

Most deposit methods are instant, others such as cryptocurrency gateways may vary. Information will always be provided on payment pages.
Select the ‘Withdraw’ option in your client office on the Icon FX website.

Proof of ID (Driving license, passport, national ID) and Proof of Address (Bank statement or utility bill) dated within the most recent 3 months.
United States, Iran, Iraq, Syria, and North Korea.
Yes, all trading strategies are welcome except arbitrage.
No, we do not have inactivity fees.

 Demo accounts are training accounts that you can use to test out a platform or practice trading. They do not use real money, and so there is absolutely no risk involved.
They are provided by our top-tier liquidity providers.

We aggregate multiple Tier One banks to ensure our traders get the best price. 
0.2 pips.

At times of high market volatility, you may experience slippage due to prices moving fast or gapping. Your stop price will not be filled in these instances of when the ask price hasn’t hit your order.
On MT4, right click on the currency pair you want to check the swaps for and click ‘Specification’. Scroll down to see the long and short swaps.

Yes, this is dependent on your account type and minimum funding amount applies.
Introducing Broker, Affiliate Partnership, White Label, and MAM/PAMM.

No, demo accounts are funded with virtual money.

All clients funds are segregated and can be recovered in the unlikely event of insolvency.
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Icon FX is a trade name of Icon Tech PTY Ltd, a limited company registered in Australia authorised and regulated by the Australian Securities & Investments Commission (ABN 94 650 709 265)

Icon Tech PTY Ltd is an authorised representative under Australian Financial Services Licence (AFSL) Representative Number 001290993 of Ox Securities Pty Ltd (ABN 71 163 551 602, AFSL no. 438402).

Here at Icon FX we want to expand our positive influence beyond the financial sector. That’s why when you trade with Icon FX we commit a portion of our revenue to supporting world-leading projects like Ocean-Bound Plastic Clean-up and Mangrove Tree Planting. See more info here https://verdn.com/

Risk Warning: Trading foreign exchange on margin carries significant risks, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. With the demo account you can test any trading strategies you wish in a risk-free environment. Please bear in mind that the results of the transactions of the practice account are virtual, and do not reflect any real profit or loss or a real trading environment, whereas market conditions may affect both the quotation and execution. A Disclosure Document is available here. Information about our services, including our fees and charges is also available at those sources.

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