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The WikiFX Score of this broker is reduced because of too many complaints!

Iconic Management

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.iconicjp.com/en/index.htm

Website

Rating Index

Contact

+44 7362 069858
https://www.iconicjp.com/en/index.htm
UNIT G1 CAPITAL HOUSE 61 AMHURST ROAD LONDON,UNITED KINGDOM E8 1LL
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United Kingdom
Operating period
2-5 years
Company Name
Iconic Management Services Limited
Abbreviation
Iconic Management
Company employee
--
Contact number
00447362069858
Company address
UNIT G1 CAPITAL HOUSE 61 AMHURST ROAD LONDON,UNITED KINGDOM E8 1LL
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

サエコ

Japan

Around January, at the investment share meeting F4, everyone in the group was asked to withdraw once. I made a request. At that time, in order to withdraw the full amount, I was able to withdraw freely after transferring the tax amount to pay the income tax. And reserve a tax account? When I asked for it, there was no Japanese yen available at that time, so I decided to take it back and two days later I couldn't contact you. However, regarding the disclosure of the truth this time, since I was able to pay my taxes in the middle of February, I was unable to contact you before I could withdraw money. I have. I found out later that it was a scam. After I paid the tax, I couldn't contact them for a while, and as a result, I was suspected of money laundering. If it is true that we need to talk about what we will prepare when asking for the presentation of the origin or the presentation of the tax, there is no explanation, so it is the same with bank account information, etc. I think it's a fraud to make it impossible to withdraw money.

Exposure

2023-02-24

下一站幸福383

Hong Kong

Well-known (to be examined) private equity fund managers help lead the way in scamming fans

Exposure

2023-02-19

サエコ

Japan

When I asked Mr. Miyazaki, who is in charge of making a reservation for a tax account, there was no reply at all. When can I make a reservation?

Exposure

2023-01-22

キャップ

Japan

I used this overseas fx company recommended by the group line. I was able to withdraw once in December, but even though I applied for withdrawal on the 5th of this month, it has not been deposited yet. I communicated with the person in charge, Mr. Miyazaki, several times on the line, but when I checked again on the 12th, he replied, "The payment will be made uniformly on the 16th. Don't worry." I tried to contact you again on the 16th, but I couldn't get in touch with you online. There is no reply even if you chat from the homepage. Even if I traded myself, meta 5 worked normally and reflected the amount. Have I been scammed? Please confirm.

Exposure

2023-01-17

skan

Japan

A total of 379 USDT was deposited in USDT on January 11th. After that, I contacted the person in charge via LINE, but it was not reflected in the balance, and the fraud was confirmed. When I deposited 23.93 USDT, I used chat support, but they didn't reply at all. The same thing happens when I inquire on January 12th, and it doesn't become read.

Exposure

2023-01-17

coco1155

Hong Kong

I started to apply for withdrawal at the end of the year, but I have not allowed it for various reasons. The system is busy at the end of the year, and they have to review the tax declaration for the withdrawal at the end of the year. After the Gregorian calendar year, they said they would prepare a tax insurance policy and never gave it. My friend directly froze it. account up. Said that you need to pay 2 million yen to unfreeze

Exposure

2023-01-07

coco1155

Hong Kong

There are various reasons for not withdrawing. It says that the tax will be confirmed at the end of the year, and then say that the amount is small. Anyway, the money is not allowed for various reasons. Then, they suddenly freeze the withdraw on ground of high frequency of withdrawal. I have not withdrawn before. The solution is to make deposit into account

Exposure

2023-01-06

FX1347905579

Indonesia

As a previous Iconic Management, I have had a frustrating experience with their withdrawal process. The company seems to have difficulties processing my requests, and their customer service team has been unresponsive to my inquiries. I have been left feeling stranded and uncertain about the safety of my funds. It is disappointing that a company in the financial industry would be so lacking in reliable communication and follow-through.

Neutral

2023-03-21

Lorenzo

United States

I’ve been very sceptical about this platform in the past. I just haven’t heard much about them. As it turned out, they’ve become one of my favourites. I trade currency pairs and it works well for that. They have rich educational resources I need. 5 stars for Iconic Management!

Positive

2023-03-07

9
Website
Company Summary
Review

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Official website

Website

  • iconicjp.com

    Server Location

    United States

    Website Domain Name

    iconicjp.com

    Server IP

    172.67.190.140

Company Summary

Note: Iconic Managements official site - https://www.iconicjp.com/en/index.htm is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Iconic Management Review Summary in 10 Points
Founded N/A
Registered Country/Region United Kingdom
Regulation NFA (unauthorized)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/USD Spread N/A
Trading Platforms MT5
Minimum deposit N/A
Customer Support Phone

What is Iconic Management?

Registered in the United Kingdom, Iconic Management is presented as an offshore independent and international management firm built on the principle of providing truly personal management and services for top talent. However, due to the unavailability of their website and the negative reviews regarding withdrawal issues and scams, it is difficult to ascertain the exact nature of their services and operations.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
• MT5 supported • Unauthorized NFA license
• Unavailable website
• Reports of unable to withdraw and scams
• Lack of transparency

Iconic Management Alternative Brokers

    There are many alternative brokers to Iconic Management depending on the specific needs and preferences of the trader. Some popular options include:

    • FBS - for traders seeking a user-friendly platform and a wide range of trading instruments.

    • Swissquote - for traders looking for a reputable and well-established broker with a strong focus on research and education.

    • FXOpen - for traders interested in ECN trading and competitive spreads, particularly in the cryptocurrency market.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Iconic Management Safe or Scam?

Based on the information provided, Iconic Management is unregulated and its National Futures Association (NFA, License No. 0550731) license is unauthorized. Trading with an unregulated broker carries significant risks, as there may be a lack of oversight and investor protection. It is essential to exercise caution and thoroughly research any broker before engaging in trading activities. Consideration should be given to regulated brokers that adhere to recognized financial authorities and provide a transparent and secure trading environment.

Trading Platforms

Iconic Management provides traders with access to the MetaTrader5 (MT5) trading platform. MT5 is a powerful and widely recognized platform known for its advanced trading features and capabilities. With MT5, traders can access a wide range of financial instruments, including forex, stocks, commodities, and indices. The platform offers a user-friendly interface, comprehensive charting tools, and a variety of technical indicators for conducting in-depth market analysis.

Traders can execute trades with ease, monitor their positions, and utilize various order types to implement their trading strategies. Additionally, MT5 supports automated trading through the use of expert advisors (EAs) and allows for customization and integration of third-party plugins. Overall, the availability of MT5 as a trading platform with Iconic Management offers traders a robust and efficient solution for their trading needs.

See the trading platform comparison table below:

Broker Trading Platforms
Iconic Management MT5 (MetaTrader 5)
FBS MT4 (MetaTrader 4), MT5 (MetaTrader 5), FBS Trader
Swissquote Advanced Trader, MetaTrader 4, MetaTrader 5, Swissquote Mobile
FXOpen MT4 (MetaTrader 4), MT5 (MetaTrader 5), TickTrader, WebTrader

Customer Service

Clients can contact Iconic Management via phone at +44 7362 069858, allowing for direct and immediate communication. Additionally, traders can visit the company's physical address at UNIT G1 CAPITAL HOUSE 61 AMHURST ROAD LONDON, UNITED KINGDOM E8 1LL for in-person assistance or consultations.

Pros Cons
• Phone support • No 24/7 customer support
• Address is revealed openly • No live chat support
• No social media presence

Note: These pros and cons are subjective and may vary depending on the individual's experience with Iconic Management's customer service.

User Exposure at WikiFX

On our website, you can see that some reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure at WikiFX

Conclusion

To sum up, Iconic Management's lack of regulation and unauthorized status raise significant red flags and pose a potential risk for traders. The negative reviews and unavailable website further adds to the uncertainty. Traders are advised to exercise caution and prioritize their safety by choosing regulated and reputable brokers that offer transparent operations and a strong track record. It is important to conduct thorough research and due diligence before engaging with any trading platform, especially when there are concerns about regulatory compliance and potential scams.

Frequently Asked Questions (FAQs)

Q 1: Is Iconic Management regulated?
A 1: No. Iconic Management National Futures Association (NFA, License No. 0550731) is unauthorized.
Q 2: Does Iconic Management offer the industry leading MT4 & MT5?
A 2: Yes. It supports MT5.
Q 3: Is Iconic Management a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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