iFOREX vs IronFX

iFOREX vs IronFX Comparison Table 2023
iFOREX IronFX
1.5
3.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

iFOREX is a multi-regulated forex & CFD broker with millions of clients worldwide

IronFX is a multi-regulated broker offering CFD trading on forex, stocks, indices and commodities through the MetaTrader 4 platform. The broker offers various account types with competitive pricing, including spreads from zero on STP/ECN accounts. Leverage varies by regulator between 1:30 and 1:1000.

Bonus Offer
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.
Comment by Reviewer
"IronFX is a good choice for beginner and intermediate forex traders looking to trade an extensive list of currencies with competitive spreads."
Pros
  • IronFX holds licenses with top-tier regulators
  • A choice of welcome bonuses is available to new users
  • The TradeCopier platform facilitates beginner-friendly copy trading
  • Fixed and floating spread trading accounts are available
  • High leverage up to 1:1000 is offered (location dependent)
Cons
  • Relatively poor selection of non-forex assets
  • No support for MetaTrader 5 platform
  • Sizable fees charged to inactive accounts
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)
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs)
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • Own
  • MT4
  • AutoChartist
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FCA, BVI CySEC, FCA, FSCA, BMA / Bermuda
Margin Trading
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes Android, iOS, WebTrader
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
TradeCopier allows aspiring investors to copy the strategies of top traders in real-time. Funds can be withdrawn at any time with real-time account management features.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
3%
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
iFOREX offers hundreds of CFDs on FX, indices, shares, commodities, and cryptocurrencies IronFX's asset list of 300+ instruments including forex, stocks, commodities and indices are traded via CFDs. Spreads are floating and vary by account type, and maximum leverage from 1:30 to 1:1000 is available depending on your account location.
Leverage
1:30 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM)
FTSE Spread
2.4 From 140
GBPUSD Spread
2.8 From 0.8
Oil Spread
5.4 pips From 3
Stocks Spread
Variable Variable
Forex Trading
iFOREX offers trading on approaching 100 currencies from around the world IronFX offers 80 currency pairs with an excellent selection of minors and exotics as well as majors. Trading takes place on the MT4 or a proprietary platform with spreads from zero available to ECN accounts. IronFX offers more currency assets than virtually all competitors.
GBPUSD Spread
1.8 From 0.8
EURUSD Spread
1.8 From 0.7
EURGBP Spread
2.8 From 0.9
Assets
90 80+
Cryptocurrency
iFOREX offers trading on popular cryptocurrency coins Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • XMR
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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