4.5 rating
Iconic Capital
provides over 600 financial products. Open account T&Cs ApplyFX VIEW
The info posted on the site is not a reference and is provided for informational purposes only. The administration of the site Fx-View.com reserves the right to add / change / delete information about the broker at any time. ❖ 600+ instruments❖ 10 000+ customers❖ Min. $500 deposit❖ Leverage up to 1: 100 Pros Low first depositRange of trading tools Account types Cons No live chatsOne platform
Company Information
Iconic Capital is an international broker offering you more the variety of trading assets as well as advanced trading technologies. It provides 10,000 orders executed per second.
Markets
Iconic Capital suggests to its customers over 600 different instruments to trade, including over 50 currency pairs. However, there are only three major asset classes.
● Forex
● Stocks/CFD
● Indices
● Commodities
Trading accounts
The broker offers three main types of account, namely Mini, Standard and VIP accounts. The difference in mainly in the amount of first deposit, leverage, some additional perks.
MINI
• More than 100 assets
• Max leverage – 1:100
• Technical support 24/5
• Min lot size – 0.01 lots
• Minimum deposit – 500$
STANDARD
• Automated trading
• Max leverage – 1:100
• Negative balance protection
• Min lot size – 0.01 lots
• Minimum deposit – 5,000$
VIP
• All assets
• Max leverage – 1:40
• Personal account manager
• Min lot size – 0.01 lots
• Minimum deposit – 10,000$
Open an account
With Iconic Capital you can open a new account through an online application form. It is an easy and very quick process. All you need is to provide basic personal information about yourself and to indicate your trading experience. After the application is approved, traders need to submit a copy of their ID, and proof of residency documents.
Minimum deposit
You can open an account with Iconic Capital with a different minimum deposit. Simply put, a Mini account requires $5000, a Standard account requires – $5,000, and a VIP one – $15,000 accordingly.
© Iconic Capital website screen
Trading Platforms
Prior Capital offers the popular MetaTrader forex trading platform. If you are willing to find out more about the features of the platform, click here. For your information, the broker also offers mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.
Our verdict
To sum up, let’s highlight the following facts about this broker. Iconic Capital is a brokerage company with several years in the financial arena. It offers you to choose among three account types with different conditions. You can also start on their Demo account. So, we hope we helped you to make your final decision.