IKON Finance
the share centre
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Overview
IKON Finance was founded in 2011 and is headquartered in London, while the share centre was established in 2019 and is based in Bulgaria. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IKON Finance serves 10,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $200 at IKON Finance and $250 at the share centre.
| Feature | IKON Finance | the share centre |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial 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-F322 |
| Founded | 2011 | 2019 |
| Country | London | Bulgaria |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between IKON Finance and the share centre, 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 the share centre). the share centre charges withdrawal fees while IKON Finance does not, giving IKON Finance an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. the share centre charges deposit fees; IKON Finance does not. Overall, IKON Finance scores higher on fees in our assessment.
| Feature | IKON Finance | the share centre |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
IKON Finance offers MT4, MT5, cTrader, while the share centre supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. the share centre supports social and copy trading features, which IKON Finance does not offer. The two brokers are closely matched on platform offering.
| Feature | IKON Finance | the share centre |
|---|---|---|
| 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, 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 the share centre compare. IKON Finance runs regular live webinars; the share centre does not. Both provide video tutorials. IKON Finance publishes daily market commentary; the share centre does not. Both integrate third-party research tools. IKON Finance maintains an archive of past webinars for on-demand viewing. IKON Finance scores higher overall in education and research.
| Feature | IKON Finance | the share centre |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | IKON Finance | the share centre |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. IKON Finance supports 2 languages and the share centre supports 8, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | IKON Finance | the share centre |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |