OKBOPTIONS
Ikko Trader is a binary option brokerage in Europe. IkkoTrader is a predominantly French language binary options broker, but operates services in various languages. IkkoTrader is managed by ChargeXP Investments Ltd. Ikko Trader is a white-label partner of SpotOption and therefore uses this software provider’s platform for its trading operations. Operational offices are located in France, UK, Belgium, Luxembourg and Switzerland.
Payouts
The payouts depend on the trade contract. Using this information, we can confirm that the following payout rates are paid on IkkoTrader:
a) Up/Down: Payouts for the digital contract is about 80%.
b) OptionBuilder: Payout is between 75% and 80%.
c) For the Option One Touch trade type (a high yield contract), large payouts to the tune of 400% are given for successful trade outcomes.
d) The new 60 second option has a payout of 75% for successful outcomes.
Bonuses and Promotions
The following bonuses await traders who intend to use Ikko Trader:
a) E-pin bonus: Where the trader can add the IkkoTrader e-pin to his Facebook wall after account deposit and receive a bonus of 100 Euros.
b) FaceBook Action Traders Monday bonus where traders get 5 guaranteed trades not exceeding 30 Euros.
c) FaceBook promotiom where traders who befriend IkkoTrader on Facebook will receive 30% bonus on their deposits.
d) Refer-a-friend bonus.
e) Insurance bonus worth 2,000 Euros for gold customers and VIP account holders.
f) Tailored bonuses for VIP account holders.
g) Welcome bonus for new accounts up to 250 Euros.
Asset Types and Expiry Times
Assets that can be traded on the Ikko Trader platform are:
a) Currencies: EURUSD, USDCHF, EURJPY, USDJPY, AUDUSD, GBPUSD, EURGBP, USDTRY, USDZAR, USDCAD, USDRUB, USDBRL.
b) Stocks: BAE Systems, HSBC Holdings, Petrolio Greggio, Trololo, Sberbank, Reuters, Rolls Royce, Turkcell,
c) Commodities: Oil, silver, gold and platinum.
d) Stock Indices: Straight Times Index, Bombay SE, MICEX 10, FTSE100, Xetra Dax, TADWUL, SSE180 (Shanghai), Kuwait General Index, DSM20 (Qatar), EGX30 (Egypt).
Expiry times for the digital options contract are preset and range from as low as 15 minutes up to one day. For the Option Builder, the expiry time is set on an ‘hours and minutes’ basis, and is fully customizable by the trader. The maximum contract investment on Ikko Trader is 1500 Euros.
Trading Tools
The Ikko Trader platform has some trading tools such as:
1) The Double Up function to double their stake in a trade that they are sure of winning. This is done while the trade is active.
2) The “Roll Over” function for extending the expiry time on active trades.
Deposits and Withdrawals
The minimum deposit amount on Ikko Trader is $200 or 200 Euros. Traders can use the following methods for deposits and withdrawals.
1) Credit cards: IkkoTrader accepts the use of all major credit card brands. Traders are to submit scanned copies of the front and back of the card, blocking out all details except the last 4 card number digits for verification. All deposits with credit cards are funded instantly. There are funding limits with the use of credit cards on IkkoTrader, with limits of US$5,000/ 5,000Euros being applied. Transactions are not charged by IkkoTrader on use of credit cards.
2) Wire transfers: This is another way of funding and withdrawing from the trading account. Transactions take a number of days to clear. Withdrawals with wire transfers attract a fee of $25.
Withdrawals are made with the same methods used in funding the account in the first place.
Customer Support
Even though French is the predominant language on IkkoTrader, customer support on Ikko Trader is available in several languages. Customer support is available 24 hours a day and 5 days a week using the following methods:
- Live chat
- Email (support@ikkotrader.com)
- Phone: +44 203 514 9836
OKBOptions Summary: 8.9/10
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