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highlow logo

highlow

7.6/10

IKON Finance

7.5/10
10/10WinnerRegulation8/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

highlow was founded in 2011 and is headquartered in Australia, while IKON Finance was established in 2011 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. highlow serves 150,000+ clients worldwide; IKON Finance has 10,000+. The minimum deposit is $250 at highlow and $200 at IKON Finance.

highlow wins this category
FeaturehighlowIKON Finance
Min. Deposit$250$200
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F254Financial Conduct Authority (FCA)
Founded20112011
CountryAustraliaLondon
Clients150,000+10,000+

Fees

Fees are a critical factor when choosing between highlow 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 $250 at highlow). Neither broker charges withdrawal fees. IKON Finance applies inactivity fees on dormant accounts; highlow does not. highlow charges deposit fees; IKON Finance does not. Overall, IKON Finance scores higher on fees in our assessment.

IKON Finance wins this category
FeaturehighlowIKON Finance
Min. Deposit$250$200
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

highlow offers MT4, MT5, cTrader, while IKON Finance supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. highlow supports social and copy trading features, which IKON Finance does not offer. The two brokers are closely matched on platform offering.

Tied
FeaturehighlowIKON Finance
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, ZuluTrade, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how highlow and IKON Finance compare. IKON Finance runs regular live webinars; highlow does not. Both provide video tutorials. IKON Finance publishes daily market commentary; highlow 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.

IKON Finance wins this category
FeaturehighlowIKON Finance
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. highlow accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while IKON Finance supports 2 (bank transfer, credit/debit card). highlow uniquely supports PayPal and Skrill and Neteller among the two brokers. highlow scores higher on deposit and withdrawal flexibility.

highlow wins this category
FeaturehighlowIKON Finance
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both highlow and IKON Finance offer live chat support. Both provide phone support. Email support is available at both brokers. highlow supports 8 languages and IKON Finance supports 2, giving highlow broader global reach. Both brokers are comparable on support quality.

Tied
FeaturehighlowIKON Finance
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese