Brokers  /  ikasfx

ikasfx

Severe risk
Dominic · < 1 year · since 2025-09-18 · Ikas Forex Ltd
Unregulated
Independent ratingshow third parties score this broker
WikiFX1.18/10
Trustpilot/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-07
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 9 months old
  • Withdrawal complaints in ~60% 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 age9215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration458%
Transparency (site/info/social)7810%

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 nameIkas Forex Ltd
Headquarters Dominic
Founded2025-09-18
Years operating< 1 year
Employees0
Official website
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods13 · Bank, Transfer, ETH, VISA, MASTER
Withdrawal methods · --
InstrumentsForeign exchange spot standard contractscommodity spot standard contracts (goldsilverWTIBrentnatural gas)index contractscrypto currency spot contractsUS dollar index
Registered address
Michael Douglas Boulevard, Portsmouth, Commonwealth of Dominica

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
ECNForex 1:1000, Metal 1:1000, Crude Oil 1:400--from 0.0--
STDForex 1:1000, Metal 1:1000, Crude Oil 1:400--from 1.0--

Review analysis AI

Across 5 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (3 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
Turkey4
United States1

Real user reviews

Similar brokers

About ikasfx

ikasfx is a forex and CFD broker based in Dominic, with records dating to 2025-09-18. 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 ikasfx review