IronFX vs RoboMarkets

IronFX vs RoboMarkets Comparison Table 2023
IronFX RoboMarkets
3.8
3
We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.

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." "RoboMarkets will appeal to traders from the EU and UK. A wide range of accounts and funding options alongside 12,000+ assets make it suitable for both beginners and experienced traders."
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)
  • Wide selection of flexible and fee-free payment methods, including bank cards and e-wallets in multiple currencies
  • Remote VPS server with 24/7 high-speed connection, ideal for traders using Expert Advisors
  • Raw ECN spreads from 0 pips alongside low to zero commissions on popular markets
  • Reputable CySEC license means traders receive excellent fund safety measures
  • Trading platforms will suit a range of strategies such as scalping and algo trading
  • No inactivity fee or account maintenance charges
  • Automated dividend payments
  • Fractional stock trading
Cons
  • Relatively poor selection of non-forex assets
  • No support for MetaTrader 5 platform
  • Sizable fees charged to inactive accounts
  • European traders only
  • Very weak customer support
  • Withdrawal fees apply to various methods
  • Small selection of educational materials compared to other brokers
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)
  • Safest European Broker - London Trader Show Awards
  • Best Mobile Trading Platform - Professional Trader Awards
  • Best ECN Broker (Europe) - Global Brands Magazine Awards
  • Most Trusted European Broker - Global Forex Awards Retail
  • Best Indices Broker - International Business Magazine Awards
Instruments
Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) Forex, CFDs, indices, shares, commodities, ETFs
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • MT4
  • AutoChartist
  • TradingCentral
  • MT4
  • MT5
  • TradingView
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FCA, FSCA, BMA / Bermuda CySEC
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
Yes No
LAMM Account
Yes Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Android, iOS, WebTrader iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes 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. RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
Yes No
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
  • USD
  • EUR
  • GBP
  • CHF
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
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. Trade all markets via CFDs, with retail leverage up to 1:30. With the RStocks Trader account, clients can access over 12,000 CFDs with algorithmic analysis tools and intuitive charts.
Leverage
1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) 1:30 (Retail), 1:300 (Pro)
FTSE Spread
From 140 0.5
GBPUSD Spread
From 0.8 2.0
Oil Spread
From 3 4.4
Stocks Spread
Variable Variable
Forex Trading
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. Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. 35+ currency pairs are available with tight spreads from 0 pips and rapid market execution. You can also utilise the broker's forex news alerts and economic calendar.
GBPUSD Spread
From 0.8 2.0
EURUSD Spread
From 0.7 1.4
EURGBP Spread
From 0.9 1.6
Assets
80+ 35+
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