IKON Finance
Trade Zero
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 Trade Zero was established in 2014 and is based in Bahamas. IKON Finance holds licences including Financial Conduct Authority (FCA), while Trade Zero is regulated by Securities Commission of the Bahamas (SCB) among others. IKON Finance serves 10,000+ clients worldwide; Trade Zero has 2,000+. The minimum deposit is $200 at IKON Finance and $500 at Trade Zero.
| Feature | IKON Finance | Trade Zero |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Regulation | Financial Conduct Authority (FCA) | Securities Commission of the Bahamas (SCB) |
| Founded | 2011 | 2014 |
| Country | London | Bahamas |
| Clients | 10,000+ | 2,000+ |
Fees
Fees are a critical factor when choosing between IKON Finance and Trade Zero, directly affecting your bottom line as a trader. IKON Finance has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Trade Zero). Neither broker charges withdrawal fees. IKON Finance applies inactivity fees on dormant accounts; Trade Zero does not. Overall, IKON Finance scores higher on fees in our assessment.
| Feature | IKON Finance | Trade Zero |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IKON Finance offers MT4, MT5, cTrader, while Trade Zero supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade Zero supports social and copy trading features, which IKON Finance does not offer. IKON Finance edges ahead on platform breadth and functionality in our scoring.
| Feature | IKON Finance | Trade Zero |
|---|---|---|
| MT4 | Yes | No |
| 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, Web Trader, 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 Trade Zero 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.
| Feature | IKON Finance | Trade Zero |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Trade Zero supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | IKON Finance | Trade Zero |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Trade Zero offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | IKON Finance | Trade Zero |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |