IKON Finance
Interactive Investor
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Overview
IKON Finance was founded in 2011 and is headquartered in London, while Interactive Investor was established in 1995 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IKON Finance serves 10,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $200 at IKON Finance and $1 at Interactive Investor.
| Feature | IKON Finance | Interactive Investor |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 2011 | 1995 |
| Country | London | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IKON Finance and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (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, Interactive Investor scores higher on fees in our assessment.
| Feature | IKON Finance | Interactive Investor |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IKON Finance offers MT4, MT5, cTrader, while Interactive Investor supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Investor supports social and copy trading features, which IKON Finance does not offer. The two brokers are closely matched on platform offering.
| Feature | IKON Finance | Interactive Investor |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, ZuluTrade, Tablet & Mobile apps | Web Trader, ProTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IKON Finance and Interactive Investor compare. IKON Finance runs regular live webinars; Interactive Investor does not. Both provide video tutorials. IKON Finance publishes daily market commentary; Interactive Investor 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 | IKON Finance | Interactive Investor |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IKON Finance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | IKON Finance | Interactive Investor |
|---|---|---|
| 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 IKON Finance and Interactive Investor 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 | IKON Finance | Interactive Investor |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |