Ikon Group vs STP Trading

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Ikon Group currently holds a lower overall rating (4) compared to STP Trading (4.6). Ikon Group has a higher minimum deposit than STP Trading, at 150.0. Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping. Traders should note that both companies offer the same minimum lot size 0.01, but Ikon Group has a maximum lot size of 100.0, while STP Trading offers 20.0. Ikon Group offers a greater leverage limit of 1:500, whereas STP Trading allows a maximum of only 1:300.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4/5 (4 reviews)
4/5
5/5
4/5
3/5
4.6/5 (5 reviews)
4.6/5
4.4/5
5/5
4.4/5
Minimum deposit ($) 150.0 10.0
Commission 0.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 100.0 20.0
Spread Variable Fixed, Variable
Broker type STP, ECN STP, NDD
Maximal leverage (1:?) 500 300
Availability STP, ECN STP, NDD
Regulation FCA (UK), DMCC (Dubai), ASIC (Australia) -
Trading Platforms MetaTrader 4 (MT4), Mobile Platform MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Moneybookers, Neteller, UnionPay, Skrill Credit Card, Debit Card, Crypto, USDT, Mastercard
Account Currency USD, GBP, EUR, JPY, HKD USD
Languages English, Spanish, Japanese, Italian, Russian, Mandarin, Chinese, Polish, Indonesian, Malay English, Russian, Arabic, Urdu, Farsi, Turkish
Country Australia Saint Lucia
Trading platform(s) timezone United Arab Emirates, Australia, China, Kuwait, Malaysia, New Zealand, Philippines, Turkey, United Kingdom, United States United Arab Emirates, Afghanistan, Iraq, Russia, Turkey
Other trading instruments Options, Futures, Indices, Commodities, Energies, Shares, CFDs -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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