City Of Investment
IKON Finance
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while IKON Finance was established in 2011 and is based in London. City Of Investment holds licences including Financial Markets Authority (FMA), while IKON Finance is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; IKON Finance has 10,000+. The minimum deposit is $3000 at City Of Investment and $200 at IKON Finance.
| Feature | City Of Investment | IKON Finance |
|---|---|---|
| Min. Deposit | $3000 | $200 |
| Regulation | Financial Markets Authority (FMA) | Financial Conduct Authority (FCA) |
| Founded | 2009 | 2011 |
| Country | United Kingdom | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and IKON Finance, directly affecting your bottom line as a trader. IKON Finance has a lower barrier to entry with a minimum deposit of $200 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while IKON Finance does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. City Of Investment charges deposit fees; IKON Finance does not. Overall, IKON Finance scores higher on fees in our assessment.
| Feature | City Of Investment | IKON Finance |
|---|---|---|
| Min. Deposit | $3000 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
City Of Investment offers MT4, MT5, cTrader, while IKON Finance supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | City Of Investment | 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 | Android Apps,iPhone/iPad,Desktop | MT4, ZuluTrade, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and IKON Finance compare. IKON Finance runs regular live webinars; City Of Investment does not. Both provide video tutorials. IKON Finance publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. IKON Finance maintains an archive of past webinars for on-demand viewing. IKON Finance scores higher overall in education and research.
| Feature | City Of Investment | IKON Finance |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Of Investment accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IKON Finance supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | City Of Investment | IKON Finance |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both City Of Investment and IKON Finance offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | City Of Investment | IKON Finance |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |