IKON Finance vs Oinvest, Who's The Best?
Read our In-Depth IKON Finance vs Oinvest Review - 2024 Update
This comprehensive analysis of IKON Finance and Oinvest has been updated to reflect any changes for 2024 by seasoned professionals with extensive financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IKON Finance vs Oinvest does not apply to all countries as follows:
IKON Finance Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Oinvest Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IKON Finance vs Oinvest
Each online trading platforms will have a few ups and downs, so any comprehensive IKON Finance and Oinvest review cannnot be regarded as thorough without having a balanced approach.
Assess IKON Finance and Oinvest to understand how these platforms stack up with each prior to you choose to make an account. A side-by-side comparison helps to place factors in perspective to ensure that you're informed about what to expect.
So you are looking for a professional broker and are choosing between IKON Finance or Oinvest. Which one is best in 2024?
Our IKON Finance vs Oinvest comparison contains the latest information so you can easily compare Oinvest against IKON Finance.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll get proficient at all of the concepts of broker as you keep trading. For starters, you need to choose the ideal broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. IKON Finance and Oinvest are two such trading platforms that will take you along with your investment to great heights. It's crucial to compare IKON Finance vs Oinvest until you trust them with your cash.
Our IKON Finance vs Oinvest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IKON Finance and Oinvest side by side.
Our entire IKON Finance vs Oinvest Review covers everything you need to know about trading using either IKON Finance or Oinvest. A good agent can multiply your initial investments and provide you positive profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
IKON Finance and Oinvest are both brokers which have forged their way successfully into the brokerage world. Within this review, we've tried to collate a number of the vital aspects of both IKON Finance and Oinvest. This review can allow you to understand whether either Oinvest or IKON Finance is a fantastic match for your own investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of IKON Finance and Oinvest Compared
IKON Finance has a minimum deposit of $200 while Oinvest offers a $200 minimum deposit.
Why smaller minimum deposits are good and how IKON Finance and Oinvest compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IKON Finance allows you to trade around 100 financial instruments while Oinvest has around 100 available.
The more instruments you can trade on the IKON Finance and Oinvest platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of IKON Finance or Oinvest.
IKON Finance and Oinvest Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. IKON Finance and Oinvest have the following contact details and social medias that you can use.
Broker | IKON Finance | Oinvest |
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Telephone Number | +44 203 519 6460 | |
support@oinvest.com | ||
Address | Vyzantiou, 40 1st Floor, Flat/Office 101, Strovolos, 2064, Nicosia, Cyprus | |
IKON Finance Twitter Account | Oinvest Twitter Account | |
IKON Finance Facebook Page | Oinvest Facebook Page | |
IKON Finance Instagram Account | Oinvest Instagram Account | |
IKON Finance LinkedIn Page | Oinvest LinkedIn Page | |
YouTube | IKON Finance YouTube Channel | Oinvest YouTube Channel |
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Oinvest and IKON Finance Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing IKON Finance and Oinvest will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IKON Finance vs Oinvest - Awards
Broker | IKON Finance | Oinvest |
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Awards | At the time of writing this IKON Finance review, and despite IKON Finance’s impressive offering, the company has surprisingly not garnered any awards to date. |
Oinvest have won numerous industry awards over the years they have been operating as a financial broker. We detail the most recognised awards for Oinvest below.
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Find Out More |
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IKON Finance vs Oinvest - Frequently Asked Questions
IKON Finance vs Oinvest - Headquarters And Year Of Founding
IKON Finance was founded in 2011 and has its head office in London.
Oinvest was founded in 2019 and has its headquaters in South Africa.
What is the minimum deposit for Oinvest or IKON Finance
The minimum deposit for IKON Finance is $200.
The minimum deposit for Oinvest is $200.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IKON Finance and Oinvest are a good option.
IKON Finance vs Oinvest - Regulation And Licencing In More Detail
IKON Finance is regulated by Financial Conduct Authority (FCA).
Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA).
Both IKON Finance and Oinvest have a powerful collection of rules for ensuring fair trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IKON Finance vs Oinvest Commission And Fees
IKON Finance and Oinvest are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the amount of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of fees for this objective.
The first kind of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these cases, you are spending a spread, financing speed, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight prices are people that are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither IKON Finance or Oinvest charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees charged by IKON Finance and Oinvest are comparatively greater. As a result, you're charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of resources.
This IKON Finance vs Oinvest review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IKON Finance And Oinvest
What Languages Do IKON Finance And Oinvest Support?
Being able to communicate completely with your trading platform is a key element when comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Here you will find all the languages that both IKON Finance and Oinvest offer communication in.
How Many Clients Do IKON Finance and Oinvest Have?
Both IKON Finance and Oinvest are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers IKON Finance and Oinvest are working with
What Payment Methods Do IKON Finance and Oinvest Accept?
IKON Finance and Oinvest both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IKON Finance and Oinvest
What Can You Trade With IKON Finance and Oinvest?
IKON Finance offers 100 trading instruments whilst Oinvest offers 350.
Below you will find a full breakdown of what both IKON Finance and Oinvest offer.
IKON Finance Review
IKON Finance vs Oinvest:
Table Of Contents
- Compare IKON Finance vs Oinvest
- Benefits of IKON Finance and Oinvest Compared
- Oinvest and IKON Finance Mobile App Comparison
- IKON Finance vs Oinvest - Awards
- IKON Finance vs Oinvest - Frequently Asked Questions
- What is the minimum deposit for Oinvest or IKON Finance
- IKON Finance vs Oinvest - Regulation And Licencing In More Detail
- Compare Broker Fees For IKON Finance And Oinvest
- What Languages Do IKON Finance And Oinvest Support?
- How Many Clients Do IKON Finance and Oinvest Have?
- What Payment Methods Do IKON Finance and Oinvest Accept?
- What Can You Trade With IKON Finance and Oinvest?