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Margin and Leverage

Flexible trading conditions at Icon FX with access to 1:500 leverage

What is Margin?

To open a CFD (contract for difference) position, you must deposit margin money. This margin is a percentage of the total position value and is called 'position margin' on our platform. If your account equity drops below the required margin, your position will be closed, also known as being 'stopped-out'.

How Does Leverage Work?

Leverage is a key feature of CFD trading, it allows traders to trade with an increased exposure to a market. This can be used to take advantage of smaller price movements and to manage risk effectively even with smaller account balances. For example: leverage of 100:1 for instance, will allow an investor to invest $10,000 in the market with only $100 as a deposit.

Margin Call

A margin call is an alert to deposit additional funds into your trading account. Whenever your account margin falls below 80% of the required margin, a margin call warning will be sent via email. The purpose of this notice is to inform you that you do not have sufficient funds to keep open positions.

Stop-out Level

The stop-out level dictates the equity threshold at which open positions will be automatically closed. At Icon FX when your account margin drops below 50%, the open positions are closed. Margin calls can be made at short notice and can be substantial. It is important for you to familiarise yourself with our Margin Call Policy.

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This website is operated jointly by Icon Tech LLC and MYFX GROUP LIMITED.
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 Contracts for Difference (CFDs) on margin carries significant risks and may not be suitable for all investors. CFDs are complex instruments and involve leverage, which can work both to your advantage and disadvantage. Before trading, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment, so you should not invest money that you cannot afford to lose.
Be aware of all the risks associated with CFD trading and seek advice from an independent financial advisor if you have any doubts. A demo account allows you to practice trading strategies in a simulated environment without financial risk. Please note, however, that results achieved on a demo account are hypothetical and do not reflect actual market conditions or execution.

A Disclosure Document is available here, along with information about our services, including fees and charges.
Legal Information: Icon Tech LLC, which operates under the tradename ‘’IconFX’’, is a limited company registered under the laws of St. Vincent and the Grenadines, with registration number 3251 and its registered address at James Street, First St. Vincent Bank Building, 1st Floor, Kingston, Saint Vincent and the Grenadines, VC01000.
MYFX GROUP LIMITED, which also operates under the tradename “IconFX,” is a company incorporated in Seychelles under incorporation number 8435863-1, with its registered office at IMAD Complex, Office 12, 3rd Floor, Ile Du Port, Mahé, Seychelles. The company is authorized and regulated by the Financial Services Authority of Seychelles under License Number SD202.
Icon Tech LLC has awarded MYFX GROUP LIMITED the rights to use and operate this website https://iconfx.com/ which is jointly operated by Icon Tech LLC and MYFX Group Limited. MYFX GROUP LIMITED also operates under the domain www.myfxmarkets.com.

Restricted Jurisdictions : Client onboarding will be carried out in line with the business focus and regulatory framework of each company. The above entities do not provide services to residents or citizens of certain jurisdictions, including, but not limited to: the United States, Australia, Canada, Japan, the European Union, the Islamic Republic of Iran, North Korea, Belize, and Russia.

Additional restrictions may apply to persons located in or associated with: 
Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Malta, Mauritius, Myanmar, Nicaragua, Panama, Senegal, South Sudan, Syria, Yemen, and Zimbabwe.