Contact Us
FAQs
Start Trading
Start Trading

If you have any further questions, please contact us via our contact form

Icon FX Markets offer Managed Account (MAM) and Percentage Allocation Management Module (PAMM) services. These allow Money Managers to effectively oversee and manage the trading accounts of investors and their sub-accounts.

Icon FX exclusively provides trading services from Monday through Friday. For our trading hours during public holidays, kindly refer to our website for the most up-to-date information.

There are no restrictions on hedging positions.

A micro lot is 1,000 units, a mini lot is 10,000 units, and a standard lot is 100,000 units of the base currency.

A swap rate is an interest rate differential between two currencies, and it's calculated based on market conditions and the position you hold.

The Forex market operates 24 hours a day, five days a week. Trading starts on a Sunday evening at 22:00 GMT and will continue to Friday evening at 21:59 GMT. Please remember this will be 22: 00 BST during daylight saving.

We offer both commission-free (Standard Account) and commission-based (Pro Account) trading accounts. Spreads and overnight financing charges may apply.

Cryptocurrency CFDs operate differently from the standard "Lots" used in Forex trading. When you engage in cryptocurrency CFD trading, you're essentially acquiring a contract with a predefined quantity of tokens. The specific token quantity can vary based on the cryptocurrency, so we encourage you to consult our cryptocurrency asset schedule for detailed information.

Icon FX offers the opportunity to trade micro lots (with a volume of 0.01 and a base currency of 1,000) on both standard and pro accounts for all FX pairs. For detailed product specifications, please consult the Product Schedule.

Icon FX Markets permits a wide range of trading activities, including the use of Expert Advisors (EAs), scalping, and hedging strategies. However, we strictly prohibit any unlawful trading techniques. For detailed information on what constitutes unlawful trading techniques, kindly refer to our Client Agreement.

Return to Support Categories

Ready to Start Trading?

Open an account in 3 minutes and receive your login details instantly.
Copyright © 2024 IconFX
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)

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.