Brokers  /  Icon FX

Icon FX

Severe risk
🇦🇺 Australia · 2-5 years · since 2021-07-27 · Icon Tech LLC
Unregulated
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Independent ratingshow third parties score this broker
WikiFX2.17/10
Trustpilot/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-07
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~17% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration108%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameIcon Tech LLC
Headquarters🇦🇺 Australia
Founded2021-07-27
Years operating2-5 years
Employees0
Official websiteiconfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods9 · Bank, transfer, VISA, Neteller, ETH
Withdrawal methods · --
Instruments50+ FX PairsCryptoMetalsCFDs

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
Pro1:500$0From 0.0$7 per lot
Standard1:500$0From 0.6 None

Review analysis AI

Across 6 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
Spain1
Vietnam1
United Kingdom1
Australia1
Venezuela1
Malaysia1

Real user reviews

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About Icon FX

Icon FX is a forex and CFD broker based in Australia, with records dating to 2021-07-27. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full Icon FX review