IKON Finance Alternatives: Pros, Cons, And How It Compares for 2024
This alternatives to IKON Finance guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to IKON Finance to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to IKON Finance like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that IKON Finance is not quite right for you then it would be worth getting a demo account with some of the top IKON Finance alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth guide to IKON Finance alternatives online
There are a lot of reasons IKON Finance may not be a good fit for your trading needs. Whatever reason you are looking for a better IKON Finance alternative or IKON Finance competitor with similar services, we will always try to give you as much helpful information so you can find what it is you need. Below you can discover the best IKON Finance alternatives.
For each of the alternative to IKON Finance, we break down the key differences to IKON Finance and for each platform feature show you the best competitors. For every IKON Finance alternative trading platform shown we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with IKON Finance, we can show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Trading with a reputable and dependable trading platform is vital to your trading success. All of the IKON Finance alternative brokers we list in this IKON Finance alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
IKON Finance has a minimum desposit of $200, you should see how the minimum deposit requirements of IKON Finance compare with the minimum deposits of IKON Finance competitors. Brokers offer lower minimum deposits to get traders to test them out, but having higher a minimum deposit isn’t always a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
IKON Finance |
$200 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Virtual Portfolio Accounts
IKON Finance offers demo accounts so you can learn their systems before risking any real money. Newbie traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we show some of the best alternatives to IKON Finance that has virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
IKON Finance |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
IKON Finance doesn't offer negative balance protection. If your balance is unfavorable, IKON Finance indicates you promptly contact client services. Then you can fix any imbalances within your own account.
Below we show some of the best alternatives to IKON Finance that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
IKON Finance |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
IKON Finance offer a guaranteed Stop Loss capability.
If there's absolutely no free margin left with the client, IKON Finance will cease your own positions. When the losses in the ceased out position exceeds your account balance, you may encounter a negative account balance.
Below we list some of the top IKON Finance alternatives that have guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
IKON Finance |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
IKON Finance do allow scalping. Several traders across the world choose IKON Finance for their scalping services. They offer trading on MT4, ZuluTrade, Tablet & Mobile apps which let this.
Below we show some of the top alternatives to IKON Finance that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
IKON Finance |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
IKON Finance do permit hedging. Many traders across the world select IKON Finance due to their hedging services. They offer trading on MT4, ZuluTrade, Tablet & Mobile apps.
Below we show some of the top alternatives to IKON Finance that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
IKON Finance |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, IKON Finance does not offer social trading.
Below we detail some of the top alternatives to IKON Finance that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
IKON Finance |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Unfortunately, IKON Finance does not offer copy trading.
Below we list some of the top alternatives to IKON Finance that has copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
IKON Finance |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare IKON Finance To All Other Brokers