In 2004, Ikko Trader came out as a web based binary options platform for beginners but have since grown to include both beginners and experience trading professionals. The interface is user-friendly and functional and appeals to many traders because no download is required to begin trading immediately. Despite a couple of cons, with a good payout and excellent reputation Ikko is one of the best in the field.
One thing that sets Ikko apart from other binary options platforms and brokers is the platform features. Some of the fairly standard features include: limit order, market order, one click trading, and streaming news. However, a few features that really set this platform apart include rollover and double up. Rollover is a stop loss technique that allows traders to postpone an assets expiry. Double up allows traders to increase the size of the investment before expiration.
Payouts and Assets
Payouts and assets tend to be the two most significant concerns for binary options traders. At Ikko Trader, there is a guaranteed 10% return when trading predictions are out of the money. Depending upon the trade, the payouts can be up to 75% which is good but not great when compared to similar platforms. There are a diverse array of assets that can be traded at Ikko including: commodity options, index options, forex options, stock options, and currency pairs.
Deposits and Withdrawals
When it comes to actually receiving payouts, Ikko Trader is one of the best because they offer a wide variety of options for payment. They are also reliable and traders receive accurate payments within three days of requesting them. The deposits and withdrawals always run well and have helped to establish them as a top contender in the field. In addition, exceptional customer service is available in six different languages if any questions or concerns arise.
There are a variety of promotions and bonuses that Ikko Trader offers to new customers as an incentive to join. It is free to open the online account but a minimum deposit of $200 is required to begin trading binary options. A few of the promotions include a 25% guarantee on the first deposit and a 100% bonus on negotiations with their account managers.
Disadvantages of Ikko
Unfortunately, there are a few cons to Ikko Trader. One of the main issues is that is does not currently have a sixty second expiry which many other platforms offer. Also, the payouts are competitive and certainly not a major disadvantage but they are also not the highest when compared with other binary options platforms and brokers. Finally, at Ikko Trader traders are unable to trade directly from the charts which can be a downside for some.
Overall, Ikko Trader is one of the top respected binary trading platforms in the field. It is ideal for novices and experienced traders alike to play the field and earn some substantial income.
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