eToro vs IKON Finance, Who's The Best?
IKON Finance Rating
67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
Losses can exceed deposits
eToro vs IKON Finance Guide
Read our In-Depth eToro vs IKON Finance Review - 2022 Update
This eToro vs IKON Finance review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs IKON Finance review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
IKON Finance Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs IKON Finance
Every online trading system has a few ups and downs, and no eToro and IKON Finance review would be complete without showing both sides. Compare eToro and IKON Finance to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between eToro or IKON Finance. Which one is best in 2022?
Our eToro vs IKON Finance comparison contains the most recent information so you can easily compare IKON Finance against eToro.
If you are a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will acquire proficient at all the concepts of broker since you keep trading. For starters, you need to select the ideal agent who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. eToro and IKON Finance are just two such platforms which will take you along with your investment to great heights. It's important to compare eToro vs IKON Finance until you trust them with your money.
Our eToro vs IKON Finance comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and IKON Finance side by side.
Our full eToro vs IKON Finance Review covers all you will need to know about trading with either eToro or IKON Finance. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you choose them. It's a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
eToro and IKON Finance are both brokers which have paved their way successfully into the brokerage world. In this review, we've tried to collate a number of the vital aspects of both eToro and IKON Finance. This review can allow you to understand whether either IKON Finance or eToro is a good fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
Benefits of eToro and IKON Finance Compared
eToro has a minimum deposit of $50 while IKON Finance has a $200 minimum deposit.
Why smaller minimum deposits are good and how eToro and IKON Finance 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.
eToro has around 100 financial instruments whilst IKON Finance has around 100 on their platform.
The more financial instruments you can trade on the eToro and IKON Finance trading 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 seriously do not want to miss out on a trading opportunity due to the limitations of eToro or IKON Finance.
eToro and IKON Finance Contact Details
Being able to contact an online trading platform through many ways is important. eToro and IKON Finance have the following contact details and social medias that you can use.
|Address||24th floor, One Canada Square, Canary Wharf, London, E14 5AB|
|eToro Twitter Account||IKON Finance Twitter Account|
|eToro Facebook Page||IKON Finance Facebook Page|
|eToro Instagram Account||IKON Finance Instagram Account|
|eToro LinkedIn Page||IKON Finance LinkedIn Page|
|YouTube||eToro YouTube Channel||IKON Finance YouTube Channel|
|Find Out More||
IKON Finance and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing eToro and IKON Finance 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 important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?
eToro vs IKON Finance - Awards
eToro have won a lot of industry awards over the time they have been running as a financial broker. We list the most recognised awards for eToro below.
|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.|
|Find Out More||
eToro vs IKON Finance - Frequently Asked Questions
eToro vs IKON Finance - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
IKON Finance was founded in 2011 and has its headquaters in London.
What is the minimum deposit for IKON Finance or eToro
The minimum deposit for eToro is $50.
The minimum deposit for IKON Finance is $200.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and IKON Finance are a good choice.
eToro vs IKON Finance - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
IKON Finance is regulated by Financial Conduct Authority (FCA).
Both eToro and IKON Finance have a strong set of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare eToro vs IKON Finance Commission And Fees
eToro and IKON Finance are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of fees for this objective.
The first kind of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you're paying a spread, funding rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, 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 longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither eToro or IKON Finance charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example weekly or daily trading.
But, non-trading fees billed by eToro and IKON Finance are relatively higher. Consequently, you are charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This eToro vs IKON Finance review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And IKON Finance
What Languages Do eToro And IKON Finance Support?
Being able to talk completely with your online platform is a key element when comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Here you will find all the languages that both eToro and IKON Finance offer communication in.
How Many Clients Do eToro and IKON Finance Have?
Both eToro and IKON Finance are well known and trusted. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers eToro and IKON Finance are active on their platform
|Clients / Users||20,000,000+||10,000+|
|Find Out More||
What Payment Methods Do eToro and IKON Finance Accept?
eToro and IKON Finance 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 eToro and IKON Finance
What Can You Trade With eToro and IKON Finance?
eToro offers 100 trading instruments whilst IKON Finance offers 100.
Below you will find a full breakdown of what both eToro and IKON Finance offer.
Compare eToro To All Other Brokers
Compare IKON Finance To All Other Brokers
eToro vs IKON Finance:
Table Of Contents
- Compare eToro vs IKON Finance
- Benefits of eToro and IKON Finance Compared
- IKON Finance and eToro Mobile App Comparison
- eToro vs IKON Finance - Awards
- eToro vs IKON Finance - Frequently Asked Questions
- What is the minimum deposit for IKON Finance or eToro
- eToro vs IKON Finance - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And IKON Finance
- What Languages Do eToro And IKON Finance Support?
- How Many Clients Do eToro and IKON Finance Have?
- What Payment Methods Do eToro and IKON Finance Accept?
- What Can You Trade With eToro and IKON Finance?