Introduction
Ikko Trader is a binary option broker that caters to the French language trading community, even though the service is multi-lingual. ChargeXP Investments Ltd manages Ikko Trader and uses the SpotOption white-label brand for its trading platform. The company has operational offices in the UK, France, Belgium, Luxembourg and Switzerland.
Payouts
IkkoTrader has different payout rates for different trade contract types. The payouts are as follows:
a) Up/Down trade: Traders receive a payout of 80% for a successfully implemented Up/Down trade.
b) OptionBuilder: The Optionbuilder’s payout structure is between 75% and 80% for successful trades.
c) The Option One Touch contract type (which is the high yield touch option) pays out as much as 400% for successful trades.
d) For every $100 invested, there is a $75 payout for a successful 60 second option. This is equivalent to a payout of 75%.
It must be said that traders can use a loss protection function, which returns a portion of the invested sum in the event of a trade loss. The exact percentage is set by the trader before the trade entry, and whatever percentage is used will be deducted from the payouts stated above, which are the maximum payouts.
Bonuses and Promotions
The following bonuses await traders who intend to use Ikko Trader:
a) There is a 250 Euros welcome bonus for all new traders.
b) Operation CAC40 where traders are given 40 days to trade the CAC40 stock index, and if the trader is able to achieve 40 consecutive winning trades, that trader will receive a 40,000 Euro award. This is the latest award from IkkoTrader for the Christmas season.
c) An e-pin bonus which gives a trader a 100 Euros bonus for adding IkkoTrader’s e-pin to that trader’s Facebook wall.
d) There are 2 Facebook bonuses: an Action Traders bonus which gives traders 5 sure trades not greater than 30 Euros, and another where a 30% bonus is applied to active traders on IkkoTrader who “friend” the company on Facebook.
e) Insurance bonuses and other special bonuses worth 2,000 Euros for customers who operate gold and VIP account holders. VIP account holders usually get an 80% account deposit bonus.
Asset Types and Expiry Times
Assets that can be traded on the Ikko Trader platform are:
a) Currencies: EURUSD, AUDUSD, GBPUSD, EURGBP, USDCHF, EURJPY, USDJPY, USDTRY, USDZAR, USDCAD, USDRUB, USDBRL.
b) Stocks: BAE Systems, Petrolio Greggio, Trololo, Sberbank, Reuters, HSBC Holdings, Rolls Royce, Turkcell.
c) Commodities: Gold, oil, silver, and platinum.
d) Stock Indices: CAC40, Bombay SE, MICEX 10, FTSE100, Xetra Dax, Straight Times Index, DSM20 (Qatar), EGX30 (Egypt), TADWUL, SSE180 (Shanghai).
The Up/Down options contract has preset expiries from 15 minutes up to a one-day expiry. The maximum investment amount on Ikko Trader is 1500 Euros, while the minimum investment amount is $25.
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.
3) Loss Return, which allows the trader to stipulate the percentage of his investment amount to be returned to his account in case of trade loss.
Deposits and Withdrawals
For all transaction methods on IkkoTrader, the minimum amount that a trader can deposit to start trading is 200 USD/Euros. The following methods of transaction are available:
1) Credit cards: Card verification is mandatory for all traders who wish to use this method. A scanned copy of both the back and front of the trader’s credit or debit card, with all except the last 4 card numbers blocked out, must be submitted. Verification is a one-time process. Only 5,000USD/Euros can be deposited at once and transactions are free.
2) Traders can also transfer funds to and from their IkkoTrader accounts using bank wires. Withdrawals are charged to the tune of 25USD/Euros.
Customer Support
A multilingual customer support desk is available on IkkoTrader 24 hours a day and 5 days a week. Traders can reach the support desk using the live chat, email (support@ikkotrader.com), or by phone (+44 203 514 9836).
