B

IKON Finance

7.5/10
Invast Global logo

Invast Global

6.2/10
8/10WinnerRegulation7/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

IKON Finance was founded in 2011 and is headquartered in London, while Invast Global was established in 1960 and is based in Australia. IKON Finance holds licences including Financial Conduct Authority (FCA), while Invast Global is regulated by Australian Securities and Investment Commission (ASIC) among others. IKON Finance serves 10,000+ clients worldwide; Invast Global has 10,000+. The minimum deposit is $200 at IKON Finance and $25000 at Invast Global.

IKON Finance wins this category
FeatureIKON FinanceInvast Global
Min. Deposit$200$25000
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)
Founded20111960
CountryLondonAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between IKON Finance and Invast Global, directly affecting your bottom line as a trader. IKON Finance has a lower barrier to entry with a minimum deposit of $200 (vs $25000 at Invast Global). Neither broker charges withdrawal fees. IKON Finance applies inactivity fees on dormant accounts; Invast Global does not. Overall, IKON Finance scores higher on fees in our assessment.

IKON Finance wins this category
FeatureIKON FinanceInvast Global
Min. Deposit$200$25000
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

IKON Finance offers MT4, MT5, cTrader, while Invast Global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureIKON FinanceInvast Global
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, ZuluTrade, Tablet & Mobile appsMT4,

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how IKON Finance and Invast Global compare. IKON Finance runs regular live webinars; Invast Global does not. Both provide video tutorials. IKON Finance publishes daily market commentary; Invast Global 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
FeatureIKON FinanceInvast Global
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 Invast Global supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureIKON FinanceInvast Global
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 IKON Finance and Invast Global 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
FeatureIKON FinanceInvast Global
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese