B

Finpro

5.6/10

IKON Finance

7.5/10
3/10RegulationWinner8/10
10/10WinnerFees6/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Finpro was founded in 2008 and is headquartered in GRENADINES, while IKON Finance was established in 2011 and is based in London. Finpro holds licences including Unregulated, while IKON Finance is regulated by Financial Conduct Authority (FCA) among others. Finpro serves 10,000+ clients worldwide; IKON Finance has 10,000+. The minimum deposit is $0 at Finpro and $200 at IKON Finance.

IKON Finance wins this category
FeatureFinproIKON Finance
Min. Deposit$0$200
RegulationUnregulatedFinancial Conduct Authority (FCA)
Founded20082011
CountryGRENADINESLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Finpro and IKON Finance, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $200 at IKON Finance). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Finpro scores higher on fees in our assessment.

Finpro wins this category
FeatureFinproIKON Finance
Min. Deposit$0$200
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Finpro 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.

Tied
FeatureFinproIKON Finance
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, ZuluTrade, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Finpro and IKON Finance compare. IKON Finance runs regular live webinars; Finpro does not. IKON Finance has a video library; Finpro does not. IKON Finance publishes daily market commentary; Finpro does not. IKON Finance integrates third-party research tools (Trading Central, Autochartist); Finpro does not. IKON Finance maintains an archive of past webinars for on-demand viewing. IKON Finance scores higher overall in education and research.

IKON Finance wins this category
FeatureFinproIKON Finance
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Finpro 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.

Tied
FeatureFinproIKON Finance
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finpro 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.

Tied
FeatureFinproIKON Finance
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese