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Thread: Ikon Royal spreads

  1. #1
    This MT4 broker appears to get spreads equal to HotspotFx ECN but WITHOUT COMMISSION!

    London/NewYork
    Typical price (not cheapest, but average)

    Hotspotfx (with at least $10 per round trip)

    GBP/JPY 3-4

    Eur/usd .6-2

    Usd/Jpy .6-2


    Ikon Royal

    GBP/JPY 3-4 WITHOUT COMMISSION

    Eur/USd 1-2 WITHOUT COMMISSION

    Usd/JPY 1-2 WITHOUT COMMISSION



    SO I ASK. HOW ARE THEY ABLE TO DO THIS? Their not only an ecn but they are providing fantastic prices on spreads.

    Dont they have to expand the spread at least a little bit in order to generate money on the spread?

    Also, anyone with more info on trading with these men let me know how it has gone.

    I cant find a better broker so far as gains.

    GREAT SPREAD
    $1000 Minimum Start upward
    100:1 Leverage (bettern than Oanda)
    MT4 Platform
    Mini Lots ($1/pip)
    Great Execution

    Everything seems too good to be true. And you know what they say about things that seem to good to be true. But you never know.

    Allow me to out of some of you.

    Thanks.


    Mike Lewthwaite


    .

  2. #2

  3. #3
    Ikon awarded 2 stars out of Five

    will be nice to know who's happy, just upset and who's telling it like it really is trading with them. IMO
    http://www.forexpeacearmy.com/public...www.ikongm.com

  4. #4
    Quote Originally Posted by ;
    Ikon awarded 2 stars out of Five

    Would be great to know who is happy, just upset and who is telling it like it really is trading together. IMO
    http://www.forexpeacearmy.com/public...www.ikongm.com
    Oh yeah, there is a trusted source!

  5. #5
    They're okay. I've been using them for a few months. No complains actually.

    That I would also like to know how they earn money. I once asked them, and they stated they have a lot of institutional clients and that they earn money from internet exposure.

    Still, I'm still concerned about putting too much cash together. My account with them is small.

    HTH

  6. #6
    Quote Originally Posted by ;
    They are okay. I've been using them for a month or two. No complains actually.

    I would also like to know how they make money. I once asked them, and they said they have a lot of institutional clients and that they make cash from net vulnerability.

    Still, I am still worried about placing too much cash together. My account with them is little.

    HTH
    I hope they make enough to not mess with there clients trades, I to had an account together everything went smooth but I thought they was simply to small to have a large account with.

  7. #7
    Any one live here with them can comment on their withdrawal rates?

  8. #8
    How do they do it?

    How can a casino earn money? Well Ikon Royal does it exactly the exact same way.

  9. #9
    In addition, I run an IKON demo and am astonished at the spreads (1 pip on fiber and U/J most of the time, 1-2 on aussie, 1-3 on swiss, cad, sterling). I asked them just how much each quote is good for and they claim they will do 500 lots (50M) notional. They are certainly before Oanda across all pairs, making them the best DD spread-wise that I've seen.

    Additionally, are you sure about HotSpot FXr being 3-4 on GBP/JPY? I run the ATC MT4 demo (HS FXr feed) and G/J is frequently 6-8, I have yet to watch it lower than 6. GBP/CHF is greater (8-12). Something does not seem right about it. .

  10. #10
    Ikon Royal is a MM.

    There is nothing more to say.

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