B

IKON Finance

7.5/10

mayzus

8.3/10
8/10RegulationWinner10/10
6/10WinnerFees0/10
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 mayzus was established in 2020 and is based in Dubai. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IKON Finance serves 10,000+ clients worldwide; mayzus has 150,000+. The minimum deposit is $200 at IKON Finance and $250 at mayzus.

mayzus wins this category
FeatureIKON Financemayzus
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-F275
Founded20112020
CountryLondonDubai
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between IKON Finance and mayzus, 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 mayzus). mayzus charges withdrawal fees while IKON Finance does not, giving IKON Finance an edge for frequent withdrawers. IKON Finance applies inactivity fees on dormant accounts; mayzus does not. mayzus charges deposit fees; IKON Finance does not. Overall, IKON Finance scores higher on fees in our assessment.

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

Platforms

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

Tied
FeatureIKON Financemayzus
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 mayzus 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 Financemayzus
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 mayzus supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mayzus uniquely supports PayPal and Skrill and Neteller among the two brokers. mayzus scores higher on deposit and withdrawal flexibility.

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

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