B

IKON Finance

7.5/10

kawase

8.4/10
8/10RegulationWinner10/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

IKON Finance was founded in 2011 and is headquartered in London, while kawase was established in 2011 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IKON Finance serves 10,000+ clients worldwide; kawase has 3,500,000+. The minimum deposit is $200 at IKON Finance and $250 at kawase.

kawase wins this category
FeatureIKON Financekawase
Min. Deposit$200$250
RegulationFinancial Conduct Authority (FCA)Financial 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-F266
Founded20112011
CountryLondonAustralia
Clients10,000+3,500,000+

Fees

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

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

Platforms

IKON Finance offers MT4, MT5, cTrader, while kawase 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 Financekawase
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, ZuluTrade, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 kawase compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureIKON Financekawase
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 kawase supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). kawase uniquely supports PayPal and Skrill and Neteller among the two brokers. kawase scores higher on deposit and withdrawal flexibility.

kawase wins this category
FeatureIKON Financekawase
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 kawase offer live chat support. Both provide phone support. Email support is available at both brokers. IKON Finance supports 2 languages and kawase supports 8, giving kawase broader global reach. Both brokers are comparable on support quality.

Tied
FeatureIKON Financekawase
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic