IKON Prodigy Special Features
IKON Prodigy platform is based on a user-friendly design with a full suite of products including Forex (FX), Metals (including Gold and Silver), Options and Non-Deliverable Forwards (NDF).
Trade Forex on Prodigy
Prodigy offers fifty-five spot foreign exchange pairs and if requested their reverse parities. Live streaming executable rates, integrated currency reports, and high-speed order execution are key features of this platform. This Platform also offers Multi-layer Market depth and many different order types for trading FX. Liquidity is provided by some of the world’s largest banks. In addition, ECN solutions with fixed commissions are also available. With IKON Prodigy, you will be able to do charting and technical analysis, follow fundamental reports, and enjoy the first ever market depth on Spot Bullion.
Trade Options on Prodigy
Prodigy provides streaming executable vanilla options on 13 different
currency pairs and metals products with pre-determined dates and endless Request for Quote (“RFQ”) opportunities.
Trade NDF on Prodigy
IKON offers liquidity Non-Deliverable Forwards (“NDF”) including, but not limited to, the Brazilian Real, Russian Ruble, Malaysian Ringgit, Colombian Peso and Indian Rupee in up to three months via our proprietary NDF RFQ system. The system will provide streaming indications for the pairs and allow customers to select a maturity and obtain a tradable quote.
Prodigy our in-house developed trading platform
Prodigy was developed with more than 20 years of experience in the Forex market place and was constructed based on thousands of inputs from worldwide retail and institutional customers.
Advantages of Prodigy
1. Easy-to-use Quick Order
2. De-attach Screen Feature
Don’t miss any action and stay on top of your trades and market prices with new De-attachable Screen functions. Ideal for multi-screen computers.
3. Placing Orders in the Market Depth
Market depth is extremely important for investors and trading. However trading cannot be made easier with our new Order ticket, where you can place orders on the market depth. Watch the market depth streaming on the right and immediately place your working order on the grid with a simple double click.
4. Margin Netting
Investors can create various trading strategies by combining FX Spot with FX Options and they can maximize the benefit of their deposit as option and spot margin is netted out. This risk based approach increases the leverage of investments and enables the investor to monitor his/her risk better.
5. Stay Hedged
Prodigy allows clients to choose between FIFO and Custom trade realization. Either choose to remain long/short (hedged) on all your trades and may close the ones selected manually. Or you can have all your trades realized according to the First-In-First-Out rule.
6. Select the Base Currency You Like
You may deposit funds in any of the major currencies you like and the platform will show all balances, values and profit in the selected currency base.


7.
Customized and rapid Chart Intervals
Choose any time interval for charts. Simply press the numerical value on chart and click enter For 1 minute – simply click 1 and then enter For 60 minutes simply click 6 then 0 and enter Instant change in chart time. Give traders more options.
8.
Customize the Layout and adjust the Skin
All windows on the layout can be moved across the screen and automatically fit into the screen. Pull together all windows you need or create separate screens with multiple windows. You may also change the skin in order customize the look.
9.
ECN Platform
10.
Spot Forex, Options and NDFs on one account
11. Extremely tight spread
12. Numerous
currency pairs with various execution types
involving a completely automated dealing desk
13. Metals (Spot gold and silver)
14. Interbank price feed
15. No re-quotes
16. Fast order execution speed, execution easier than ever
before with Instant Quick Order tickets instantly executing orders, leaving you more time to develop your trading strategy. 17. One click trading
18. Five or four digits pricing
19. Reliable trading server
20. Customizable charts
21. Online financial news
22. 24/7 multilingual, first-class, comprehensive Customer support