Ikon Markets might look like a nice trading platform at first, but wait; there’s a big problem.
Canada’s Autorité des marchés financiers (AMF) says it’s not allowed to take your money and could be a scam. That’s scary, and it means you might lose everything if you use it.
I checked out all I could find and wrote this review in easy English to help you decide. Honestly, it’s probably best to avoid it.
Ikon Markets says it’s a trading company at 21 Park Royal Rd, London NW10 7LQ, United Kingdom.
They let you trade things like currencies (Forex), indices, cryptocurrencies (like Bitcoin), stocks (through CFDs), and commodities (like gold or oil) with one account.
Their websites are ikonmarkets.com, ikonmarkets.com, and ikon-bot.com. They promise quick trades, safe accounts, and ways to make your money grow. But the AMF warning makes that hard to believe.
Here’s what they say you get:
Here’s the bad news.
The AMF in Canada put Ikon Markets on its warning list. They’re not signed up or okayed to take money from people in Québec. That’s a huge sign it might be fake.
The AMF says crooks often trick people with social media or websites, and Ikon Markets could be one. Without rules to protect you, your money might disappear.
They say they keep your info and cash safe with encryption. That sounds fine, but they don’t tell us who checks on them there is no word about regulators like the FCA in the UK or CySEC in Cyprus.
That was already a worry, and now the AMF says they’re not legit. This looks like a big risk. You could lose it all with no help.
I found some comments online, but they feel off now:
Trustify360: Rated it 4.85 out of 5 from 40 people—85% gave five stars. Here’s what they said:
TechBullion (Jan 17, 2025): A sponsored article said it’s “changing lives” for European traders with great tools.
These sound good, but there’s almost nothing on sites like Trustpilot. With the AMF warning, I’m not sure those reviews are real or still true.
Be careful.
Besides the AMF alert, there’s other stuff to watch:
Compare it to a safe platform like IC Markets, which has rules from ASIC and CySEC, and Ikon Markets feels dangerous. IC Markets has protection but Ikon Markets doesn’t. The AI tool and Bundles are neat, but not worth the trouble.
I say no way. The AMF warning is like a big “stop” sign. Ikon Markets might have cool stuff like Bundles and AI trading, but if they’re fake, it’s useless.
Those nice reviews don’t beat the chance of losing your money. You deserve a safer place for your cash.
If you still want to peek:
I’d give Ikon Markets a low score. It’s got some good ideas, but the scam risk is too big. Stick to platforms you know are safe until they prove they’re okay if they ever can.
What | Details |
---|---|
Trading Choices | Currencies, indices, crypto, stocks, commodities |
Special Thing | Bundles (like an ETF) |
Rating (Trustify360) | 4.85/5 from 40 reviews (but maybe not real now) |
Safety | Says it’s safe, but AMF Canada says no it could be a scam |
Domain | ikon-markets.com |
---|---|
Created Date | 2025-02-14 09:19:11 UTC |
Updated Date | 2025-02-14 10:25:52 UTC |
Expires Date | 2026-02-14 09:19:11 UTC |
Estimated Age (days) | 10 |
Registrant Organization | Domain Protection Services, Inc. |
---|---|
Registrant Country | UNITED STATES |
Registrar Name | Name.com, Inc. |
---|---|
Registrar IANA ID | 625 |
Registrar WHOIS Server | whois.name.com |
Registrar Email | abuse@name.com |
Name Servers | laura.ns.cloudflare.com, coby.ns.cloudflare.com |
---|---|
Registry WHOIS Server | whois.name.com |
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