B

IKON Finance

7.5/10
tickmill logo

tickmill

7.4/10
8/10RegulationWinner10/10
6/10WinnerFees1/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

IKON Finance was founded in 2011 and is headquartered in London, while tickmill was established in 2020 and is based in GRENADINES. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IKON Finance serves 10,000+ clients worldwide; tickmill has 12,000,000+. The minimum deposit is $200 at IKON Finance and $250 at tickmill.

IKON Finance wins this category
FeatureIKON Financetickmill
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-F323
Founded20112020
CountryLondonGRENADINES
Clients10,000+12,000,000+

Fees

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

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

Platforms

IKON Finance offers MT4, MT5, cTrader, while tickmill supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. tickmill 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 Financetickmill
MT4YesNo
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 tickmill compare. IKON Finance runs regular live webinars; tickmill does not. Both provide video tutorials. IKON Finance publishes daily market commentary; tickmill 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.

IKON Finance wins this category
FeatureIKON Financetickmill
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 tickmill supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tickmill uniquely supports PayPal and Skrill and Neteller among the two brokers. tickmill scores higher on deposit and withdrawal flexibility.

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

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