B

IKON Finance

7.5/10

td ameritrade

7/10
8/10RegulationWinner10/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

IKON Finance was founded in 2011 and is headquartered in London, while td ameritrade was established in 2016 and is based in Malta. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IKON Finance serves 10,000+ clients worldwide; td ameritrade has 10,000+. The minimum deposit is $200 at IKON Finance and $250 at td ameritrade.

IKON Finance wins this category
FeatureIKON Financetd ameritrade
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-F319
Founded20112016
CountryLondonMalta
Clients10,000+10,000+

Fees

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

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

Platforms

IKON Finance offers MT4, MT5, cTrader, while td ameritrade 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 Financetd ameritrade
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 td ameritrade compare. IKON Finance runs regular live webinars; td ameritrade does not. IKON Finance has a video library; td ameritrade does not. IKON Finance publishes daily market commentary; td ameritrade does not. IKON Finance integrates third-party research tools (Trading Central, Autochartist); td ameritrade does not. 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 Financetd ameritrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

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

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

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