Admiral Markets
IKON Finance
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while IKON Finance was established in 2011 and is based in London. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while IKON Finance is regulated by Financial Conduct Authority (FCA) among others. Admiral Markets serves 10,000+ clients worldwide; IKON Finance has 10,000+. Both brokers share the same minimum deposit of $200.
| Feature | Admiral Markets | IKON Finance |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026 | Financial Conduct Authority (FCA) |
| Founded | 2001 | 2011 |
| Country | UK | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and IKON Finance, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. Neither broker charges withdrawal fees. IKON Finance applies inactivity fees on dormant accounts; Admiral Markets does not. Admiral Markets charges deposit fees; IKON Finance does not. The two brokers are broadly comparable on fee structure.
| Feature | Admiral Markets | IKON Finance |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while IKON Finance supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Admiral Markets supports social and copy trading features, which IKON Finance does not offer. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | IKON Finance |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, ZuluTrade, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and IKON Finance compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Admiral Markets | IKON Finance |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while IKON Finance supports 2 (bank transfer, credit/debit card). Admiral Markets uniquely supports Skrill and Neteller among the two brokers. Admiral Markets scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | IKON Finance |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Admiral Markets and IKON Finance offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and IKON Finance supports 2, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | IKON Finance |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, and Chinese |