XM vs IronFX

XM vs IronFX Comparison Table 2023
XM	IronFX
Review 4.4	Review 3.8
Traders from US not accepted	Traders from US not accepted
XM.com offers a range of account types and a $5 minimum deposit to appeal to all levels of trader. With 1000+ markets and low variable spreads XM.com provides an excellent trading experience.	IronFX offers CFD trading in forex, stocks, indices, commodities and futures with high leverage, a choice of bonuses, plus the reliable MT4 platform.
Pros
	Copy trading MT4 integration Low minimum deposit Strong regulatory oversight Multiple payment methods Multiple account currencies
Awards
The Best Crypto CFDs 2022 - Financial Expo Egypt Best FX Service Provider 2022 - City of London Wealth Management Awards Best MT4/MT5 Broker 2021 - DayTrading.com Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards Best Trading Experience 2021 - Ultimate Fintech Best FX Service Provider 2021 - City of London Wealth Management Awards Best Broker in Customer Service 2020 - FX168 Best Customer Service Experience 2020 – Global Business Awards Global Forex Broker of the Year 2020 - Global Forex Awards Best FX Service Provider for 2020 - City of London Wealth Management 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)
Promotions
Improve The Speed & Reliability Of Your Trades With The XM VPS
Bonus
Free VPN Services	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, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks	Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs)
Demo Account
Yes	Yes
Minimum Deposit
5 $/€/£	$100
Payment Methods
Multiple local payment methods available	Bitcoin Payments Credit Card Debit Card FasaPay Neteller Perfect Money Skrill UnionPay Wire Transfer
Minimum Trade
0.01 Micro lots	0.01 lots
Regulator
IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI	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
No	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
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android & Windows	Android, iOS, WebTrader
Auto Trading
Yes (EAs)	EAs
Copy Trading
Yes	Yes
Copy Trading Platform
XM offers over 1,000 instruments and copy trading on MT4 and MT5. Although you may not get the same interactive feel as some of the proprietary platforms, the MetaTrader platforms will not disappoint in terms of their advanced trading features and tools, including MQL5 signals.	TradeCopier allows aspiring investors to copy the strategies of top traders in real-time. Funds can be withdrawn at any time.
Social Trading
No	Yes
Trade Signals
Yes	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 CAD AUD JPY ZAR CHF PLN	USD EUR GBP AUD JPY PLN CZK
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Korean Stock Exchange Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange	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
Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Precious Metals Silver Sugar Wheat	Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Leveraged CFD trading via several live accounts with signals and tight spreads available.	Go long or short on 300+ CFDs with high leverage.
Leverage
1:500	1:30 (FCA) 1:30 (CySEC) 1:500 (FSCA) 1:1000 (BM)
FTSE Spread
1.5 pts (var)	From 140
GBPUSD Spread<
2.1 (var)	From 0.8
Oil Spread
0.05 (var)	From 3
Stocks Spread
0.1% (var)	Variable
Forex Trading
XM.com deliver ultra low spreads across a range of forex markets. Flexible lot sizes while Micro and Zero accounts accommodate every level of trader.	IronFX offers trading in major currency pairs, plus minors and exotic pairs.
Forex App
XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities. Try it out today.
GBPUSD Spread
2.1 pips (var)	From 0.8
EURUSD Spread
1.6 pips (var)	From 0.7
EURGBP Spread
2 pips (var)	From 0.9
Assets
55+	80+
Cryptocurrency
	Crypto trading not offered
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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