FXOpen vs IronFX

FXOpen vs IronFX Comparison Table 2023
FXOpen IronFX
3.7
3.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.

IronFX offers CFD trading in forex, stocks, indices, commodities and futures with high leverage, a choice of bonuses, plus the reliable MT4 platform.

Pros
  • Demo account
  • MT4 integration
  • Strong regulatory oversight
  • Multiple payment methods
  • Bonuses & trading contests
  • Full range of investments
  • Copy trading (global traders)
  • Low minimum deposit (global traders)
  • Copy trading
  • MT4 integration
  • Low minimum deposit
  • Strong regulatory oversight
  • Multiple payment methods
  • Multiple account currencies
Cons
  • Inactivity fee
Awards
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
  • Best Online Trading Platform (2019)
  • Best Broker of the Year (2019)
  • Most Trustworthy Forex Broker Global (2019)
  • Best Online Trading & Financial Services Company (2020)
  • Best Online Forex Trading Platform (2021)
  • International Online Currency Trading Platform of the Year (2021)
  • Most Outstanding Online Trading Partners Program (2022)
Bonus
Traders can choose between: 100% unlimited Sharing Bonus – minimum $200 deposit. 40% Power Bonus up to $4,000 – minimum $500 deposit. 20% Iron Bonus up to $2,000 – minimum $100 deposit.
Instruments
Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs)
Demo Account
Yes Yes
Minimum Deposit
$1 Global, £300 UK $100
Payment Methods
Minimum Trade
0.01 Lot 0.01 lots
Regulator
FCA, CySEC, ASIC CySEC, FCA, FSCA, BMA / Bermuda
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
Yes Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android Android, iOS, WebTrader
Auto Trading
Yes (EAs) EAs
Copy Trading
Yes Yes
Copy Trading Platform
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade supported. TradeCopier allows aspiring investors to copy the strategies of top traders in real-time. Funds can be withdrawn at any time.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
Yes Yes
Tournaments
Yes Yes
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10 3%
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • HKD
  • RUB
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads Go long or short on 300+ CFDs with high leverage.
Leverage
1:30 - 1:500 (varies by trading entity) 1:30 (FCA) 1:30 (CySEC) 1:500 (FSCA) 1:1000 (BM)
FTSE Spread
0.8 From 140
GBPUSD Spread<
0.2 From 0.8
Oil Spread
4.0 From 3
Stocks Spread
N/A Variable
Forex Trading
Trade major, minor & emerging forex pairs with 1:30 leverage IronFX offers trading in major currency pairs, plus minors and exotic pairs.
GBPUSD Spread
0.2 From 0.8
EURUSD Spread
0.2 From 0.7
EURGBP Spread
0.2 From 0.9
Assets
50+ 80+
Cryptocurrency
Trade on 40+ cryptocurrency coins with 1:2 leverage (Pro clients only in UK). Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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