OctaFX vs IronFX

OctaFX vs IronFX Comparison Table 2023
OctaFX	IronFX
Review 4.1	Review 3.8
Traders from US not accepted	Traders from US not accepted
OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.	IronFX offers CFD trading in forex, stocks, indices, commodities and futures with high leverage, a choice of bonuses, plus the reliable MT4 platform.
Bonus Offer
Up to 50% deposit 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.
Promotions
Get A 50% Bonus On Each Deposit At OctaFX	IronFX: Claim A 40% Deposit Boost Up To $4000 IronFX Grand Trading Prix: 3 Laps, 30 Winners, $500K Prize Pot
Pros
Full range of investments Low minimum deposit Highly rated MetaTrader 4 and 5 Copy trading Commission-free trading Mobile app compatibility Negative balance protection (Within EU) No deposit & withdrawal fees Comprehensive educational content Bonuses and contests available (non-EU) High Leverage 1:500 (non-EU) Demo account with access to unlimited virtual funds Offers Islamic accounts	Copy trading MT4 integration Low minimum deposit Strong regulatory oversight Multiple payment methods Multiple account currencies
Cons
Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument
Awards
Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook	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, commodities, cryptocurrencies	Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs)
Demo Account
Yes	Yes
Minimum Deposit
$100	$100
Payment Methods
Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa 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
SVGFSA, CySEC	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
No	No
Autochartist
Yes	Yes
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
Yes	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
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes (iOS & Android)	Android, iOS, WebTrader
Auto Trading
Yes	EAs
Copy Trading
Yes	Yes
Copy Trading Platform
Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.	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 (EAs)	Yes
VPS Hosting
Yes	Yes
Tournaments
No	Yes
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
0	3%
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP AUD JPY PLN CZK
Stock Exchanges
Dow Jones FTSE UK Index Nasdaq	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
Gasoline Gold Natural Gas Oil Silver	Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Trade CFDs on the financial markets with floating spreads and flexible leverage.	Go long or short on 300+ CFDs with high leverage.
Leverage
1:500 (Global), 1:30 (EU)	1:30 (FCA) 1:30 (CySEC) 1:500 (FSCA) 1:1000 (BM)
FTSE Spread
1.8	From 140
GBPUSD Spread
1.1	From 0.8
Oil Spread
0.7	From 3
Stocks Spread
Variable	Variable
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.	IronFX offers trading in major currency pairs, plus minors and exotic pairs.
Forex App
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
1.1	From 0.8
EURUSD Spread
0.7	From 0.7
EURGBP Spread
2.1	From 0.9
Assets
35	80+
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.	Crypto trading not offered
Spread
Variable
Coins
BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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