IKON Finance
London Capital Group (LCG)
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Overview
IKON Finance was founded in 2011 and is headquartered in London, while London Capital Group (LCG) was established in 1996 and is based in UK. IKON Finance holds licences including Financial Conduct Authority (FCA), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. IKON Finance serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $200 at IKON Finance and $100 at London Capital Group (LCG).
| Feature | IKON Finance | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA: 182110) |
| Founded | 2011 | 1996 |
| Country | London | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IKON Finance and London Capital Group (LCG), directly affecting your bottom line as a trader. London Capital Group (LCG) has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IKON Finance). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.
| Feature | IKON Finance | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IKON Finance offers MT4, MT5, cTrader, while London Capital Group (LCG) supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. London Capital Group (LCG) supports social and copy trading features, which IKON Finance does not offer. The two brokers are closely matched on platform offering.
| Feature | IKON Finance | London Capital Group (LCG) |
|---|---|---|
| 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 | MT4, Web Trader, 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 London Capital Group (LCG) 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.
| Feature | IKON Finance | London Capital Group (LCG) |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 London Capital Group (LCG) supports 4 (bank transfer, credit/debit card, Skrill, Neteller). London Capital Group (LCG) uniquely supports Skrill and Neteller among the two brokers. London Capital Group (LCG) scores higher on deposit and withdrawal flexibility.
| Feature | IKON Finance | London Capital Group (LCG) |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. IKON Finance supports 2 languages and London Capital Group (LCG) supports 18, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.
| Feature | IKON Finance | London Capital Group (LCG) |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. |