B

IKON Finance

7.5/10
PUPRIME logo

PUPRIME

8.3/10
8/10WinnerRegulation5/10
6/10FeesWinner10/10
9/10WinnerPlatforms8/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

IKON Finance was founded in 2011 and is headquartered in London, while PUPRIME was established in 2015 and is based in Seychelles. IKON Finance holds licences including Financial Conduct Authority (FCA), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. IKON Finance serves 10,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $200 at IKON Finance and $50 at PUPRIME.

PUPRIME wins this category
FeatureIKON FinancePUPRIME
Min. Deposit$200$50
RegulationFinancial Conduct Authority (FCA)Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218
Founded20112015
CountryLondonSeychelles
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between IKON Finance and PUPRIME, directly affecting your bottom line as a trader. IKON Finance has a lower barrier to entry with a minimum deposit of $200 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while IKON Finance does not, giving IKON Finance an edge for frequent withdrawers. IKON Finance applies inactivity fees on dormant accounts; PUPRIME does not. Overall, PUPRIME scores higher on fees in our assessment.

PUPRIME wins this category
FeatureIKON FinancePUPRIME
Min. Deposit$200$50
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

IKON Finance offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. PUPRIME supports social and copy trading features, which IKON Finance does not offer. IKON Finance edges ahead on platform breadth and functionality in our scoring.

IKON Finance wins this category
FeatureIKON FinancePUPRIME
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, ZuluTrade, Tablet & Mobile appsMT4, MT5, WebTrader, PU Prime App, PU Social

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how IKON Finance and PUPRIME 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 FinancePUPRIME
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 PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PUPRIME uniquely supports Skrill and Neteller among the two brokers. PUPRIME scores higher on deposit and withdrawal flexibility.

PUPRIME wins this category
FeatureIKON FinancePUPRIME
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. IKON Finance supports 2 languages and PUPRIME supports 1, giving IKON Finance broader global reach. Both brokers are comparable on support quality.

Tied
FeatureIKON FinancePUPRIME
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish