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No Regulation
Score
2.18 /10
Danger
IKON MENKUL
5-10 yearsSuspicious Regulatory License
MT4 Full License
Regional Brokers
High potential risk
Influence
C
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.31
Risk Management Index0.00
Software Index8.21
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2025-06-24
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| IKON MENKUL Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Turkey |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Metals, Stocks, Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:10 |
| EUR/USD Spread | 1 pip |
| Trading Platform | MT4, Online Şube, Matriks, ForInvest, iDealData |
| Minimum Deposit | / |
| Customer Support | Phone: 444 4 566, 0212 454 8400 |
| Email: info@ikonmenkul.com.tr | |
| Social Media: Facebook, Instagram, YouTube, LinkedIn, Twitter, TikTok, Telegram | |
IKON MENKUL Information
IKON Menkulis a Turkish brokerage firm providing a wide range of financial services for individual and institutional investors. Specializing in Forex, Commodities, Metals, Stocks, and Indices, IKON Menkul offers access to global and local markets with competitive leverage and a variety of trading accounts. The firm also provides comprehensive tools and platforms, including MetaTrader 4 and its proprietary trading systems.
Pros & Cons
| Pros | Cons |
| Wide range of market instruments | No regulation |
| Five trading platforms supported | Conditions set for opening live accounts |
| Demo accounts available | The website only supports Turkish |
| No deposit and withdrawal fees | |
| Various contact channels |
Is IKON MENKUL Legit?
IKON MENKUL has not been regulated by any authorities. You should take care when you engage with this platform.
What Can I Trade on IKON MENKUL?
IKON MENKUL offers a wide range of tradable products, including Forex, Commodities, Metals, Stocks, and Indices.
| Tradable Instruments | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks | ✔ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type
IKON MENKUL offers a demo account and a real account.
However, before opening a real account at IKON Forex, traders must have made at least 50 transactions within 6 business days in their demo account, which is defined by their name and the e-mail address they will specify in the contract.
Leverage
KON Menkul offers flexible leverage options up to 1:10.
Traders and their chosen brokerage can decide on the amount of leverage they wish to use. Leverage allows you to control a larger position in the market with a smaller amount of capital.
However, while traders have the freedom to negotiate the leverage, there‘s a cap—the leverage ratio can’t exceed 1:10. This means that for every 1 unit of your own money, you can control up to 10 times that amount in trades.
Fees
According to KON Menkul, commission structures vary across the markets, with Forex usually offering a commission-free model where brokers make their money from spreads.
| Trading Assets | Commission |
| Stocks | Vary |
| VOB | Vary |
| Forex | ❌ |
IKON Menkul asserts that it does not charge deposits and withdrawals.
Trading Platform
IKON Menkul claims to support multiple trading platforms:
- Online Şube: Web-based platform for BIST and VİOP transactions.
- Matriks: Advanced charting and trading platform.
- MetaTrader 4 (MT4): For forex, commodities, and international stocks.
- ForInvest: Comprehensive market data and analysis tools.
- iDealData: Real-time price data and in-depth analysis.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| Online Şube | ✔ | / | / |
| Matriks | ✔ | / | / |
| ForInvest | ✔ | / | / |
| iDealData | ✔ | / | / |
| MT5 | ❌ | / | Experienced traders |
Deposit & Withdrawal
IKON Menkul accepts depositing methods including:
- Isbank
- Garanti Bank
- Yapı Kredi Bank
- Akbank
- Finansbank
- Takasbank
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