B

IKON Finance

7.5/10

Uniglobe Markets

5.6/10
8/10WinnerRegulation3/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

IKON Finance was founded in 2011 and is headquartered in London, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. IKON Finance holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. IKON Finance serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $200 at IKON Finance and $10 at Uniglobe Markets.

IKON Finance wins this category
FeatureIKON FinanceUniglobe Markets
Min. Deposit$200$10
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20112008
CountryLondonMarshall Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between IKON Finance and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $200 at IKON Finance). Neither broker charges withdrawal fees. IKON Finance applies inactivity fees on dormant accounts; Uniglobe Markets does not. Uniglobe Markets charges deposit fees; IKON Finance does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

Uniglobe Markets wins this category
FeatureIKON FinanceUniglobe Markets
Min. Deposit$200$10
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

IKON Finance offers MT4, MT5, cTrader, while Uniglobe Markets 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 FinanceUniglobe Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, ZuluTrade, Tablet & Mobile appsWindows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how IKON Finance and Uniglobe Markets compare. IKON Finance runs regular live webinars; Uniglobe Markets does not. IKON Finance has a video library; Uniglobe Markets does not. IKON Finance publishes daily market commentary; Uniglobe Markets does not. IKON Finance integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets 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 FinanceUniglobe Markets
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 Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureIKON FinanceUniglobe Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Uniglobe Markets 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.

Tied
FeatureIKON FinanceUniglobe Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese