hi, i have come to this broker on most forex forum, are they a good broker? they claim they will have their license this month and etc. but i have no idea if they are safe to deposit with since they even start without license since feb 2009 if i not wrong. if you google around with their address provided, you will amazingly find a lot of similar address.

there are many new forex brokers pop out recently and is hard to tell if they are legit, please let me know if you have experience with this broker, thank you

I used IKO FX for my test with MegaDroid because it was quick and easy to fund with Liberty Reserve and it has 500 to 1 leverage which was perfect for what i was doing.

I haven't had any problems so far but i wouldn't put a lot of money in until they get there license.

GP

hi GP, how long it take to fund your account and do you manage to withdraw before?

another not so comfortable is at their trader cabinet, it has secure.ikofx.com but not using any ssl which does not see to be secure at all.

Sorry i missed your post fatsumo, i have made one withdrawal to Liberty reserve and it hit my account while i was asleep, it was around 6 hours.

This is only a mini test account for me though, i have my main account with GoMarkets because they are an Australian Broker and i like that for funding as we have 4 Tripple AAA banks and there are not a lot of them left in the world and i know how strict the laws are here for Financial Institutions.

GP

thanks GP, i have tried with their demo, but with the hike of eur/gbp and eur/chf just now, and they (ikofx) announced their server power break down which void all trade during the hike time. it really makes me feel fishy.

One of the guys testing MegaDroid with Iko on a live mini account missed out on a trade because of the server break down which was a bit of a downer, as i have said i only use them for testing.

Have you checked out Rebate FX jafar00 has been around for a long time and is a very trust worthy fellow.

GP

sure and thanks, i will take a look to it.

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