LonghornFX vs IronFX

LonghornFX vs IronFX Comparison Table 2023
LonghornFX Review 2023	IronFX Review 2023
Review 3	Review 3.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
LonghornFX is a forex and CFD broker offering over 150 instruments with leverage up to 1:500. The firm is registered in Saint Vincent and the Grenadines and was launched in 2020. Clients can access a strong selection of cryptos, alongside forex, indices, commodities and stocks. With ECN/STP processing, this offshore broker promises tight spreads and fast execution.	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
"LonghornFX is ideal for experienced traders looking for ECN spreads and high leverage. Hedgers and scalpers can also trade without restrictions on the MetaTrader 4 platform."	"IronFX is a good choice for beginner and intermediate forex traders looking to trade an extensive list of currencies with competitive spreads."
Pros
True ECN broker MetaTrader 4 platform Multiple asset classes Flexible leverage up to 1:500 Customer support is available 24/7 Integrated step-by-step user videos Demo account with unlimited virtual funds	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
Unregulated No copy trading Only one account type Bitcoin withdrawals only No bonuses or financial incentives	Relatively poor selection of non-forex assets No support for MetaTrader 5 platform Sizable fees charged to inactive accounts
Awards
Best Newcomer Broker - 2020 Best New Forex Broker - 2020	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
CFDs, Forex, Stocks, Indices, Commodities, Cryptos	Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs)
Demo Account
Yes	Yes
Minimum Deposit
$0	$100
Trading Platforms
MT4	MT4 AutoChartist TradingCentral
Payment Methods
Bitcoin Payments Credit Card Debit Card Wire Transfer	Bitcoin Payments Credit Card Debit Card FasaPay Neteller Perfect Money Skrill UnionPay Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	CySEC, FCA, FSCA, BMA / Bermuda
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
Yes	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
iOS & Android	Android, iOS, WebTrader
Auto Trading
Expert Advisors (EAs) on MetaTrader	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
VPS Hosting
Yes	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	USD EUR GBP AUD JPY PLN CZK
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Natural Gas Oil Palladium Platinum Silver	Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Trade a decent range of markets via CFDs, with commissions of $6 per lot. There is also a reasonable $10 minimum deposit and 24/7 customer support for new traders.	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
1:500	1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM)
FTSE Spread
7.7	From 140
GBPUSD Spread
1.4	From 0.8
Oil Spread
0.8	From 3
Stocks Spread
Variable	Variable
Forex Trading
Go long or short on over 50 currency pairs with spreads from 0.6 pips on EUR/USD. Traders can access market-leading forex tools in the MT4 platform, including customisable forex charts and algorithmic 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.
GBPUSD Spread
1.4	From 0.8
EURUSD Spread
0.6	From 0.7
EURGBP Spread
1.5	From 0.9
Assets
55+	80+
Cryptocurrency
An impressive selection of 35 crypto pairs are on offer, including BTC/USD and DOGE/USD. There is also high leverage up to 1:100 for experienced crypto traders, which is more than you will find at most competitors.	Crypto trading not offered
Spread
Variable
Coins
BTC DASH ETH LTC BCH XRP NEO IOTA
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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