CMC Markets vs. IronFX Comparison

This contrast guide helps users that struggle to pick in between CMC Markets and IronFX to locate the most effective online broker for their trading and investment needs. It evaluates the main features of the two brokers side-by-side to aid customers compare their solution and make a notified choice.

To assist individuals pick the best broker between CMC Markets and IronFX to find the best-suited platform, listed below is a list of broker’s benefits and drawbacks, complied with by a contrast of their major trading functions, consisting of trading platforms & devices, costs, mobile trading, deposit & withdrawal, assets, regulation, and customer support.

CMC Markets vs. IronFX: Summary

CMC Markets logo

CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.

CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.

CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.

CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).

Iron-fx-logo

IronFX is a forex and CFD broker founded in 2010. Therefore, it is regulated by two tier-one financial authorities (CySec and ASIC) and is considered safe. The broker provides users access to 80 forex pairs and over 300 CFDs on forex, spot metals, and futures. The broker allows trading with up to 1:300 leverage and offers a free demo account for beginner traders.

IronFX fees are below average compared to similar brokers from the industry. They charge low spreads from 0.1 pips (EUR/USD). Additionally, the broker charges 3% inactivity fees after 90 consecutive days of inactivity on any account.

IronFX’s customer support is available through email (support@IronFX.com) and live chat in English and Arabic.

Pros

  • Low minimum deposit ($0)
  • Low average spreads from 0.73 pips EUR/USD
  • Fast and reliable trade execution
  • Great research tools and educational materials
  • Bonus and rebate program

Cons

  • High stock trading fees
  • Customer service availability is limited (24/5)

Pros

  • Low minimum deposit ($100)
  • Competitive forex spreads from 0.8 pips (EUR/USD)
  • Wide range of platforms and plugins (MetaTrader 4, AutoChartist, and Trading Central)
  • Great research and education materials
  • 7 Different account types

Cons

  • Algorithmic trading is only available through MetaTrader 4
  • High inactivity fees (3% of account balance after 90 days)

Key features

  • Competitive forex spreads
  • MT4 Compatibility
  • Access to 338 forex pairs and 9,000 shares
  • Comprehensive market research tools
  • Beginners and advanced trading features
  • Competitive pricing

Key features

  • Access to over 80 forex pairs and 300 CFDs
  • Compatible with MT4 and Trading Central
  • Excellent Copy Trading features
  • Advanced charting and analysis tools
  • Welcome bonuses for new users
  • Commission-free CFD trading and low floating spreads from 0,0 pips

CMC Markets vs. IronFX Comparison

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CMC Markets logo

CMC Markets

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65% of retail CFD accounts lose money

BROKER COMPARISON

CMC Markets logo
Iron-fx-logo

Overall rating

4,0/5

3,7/5

Overall rating

4,0/5

3,7/5

Trading Platform & Tools

4.2

3.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

3.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 3% on withdrawal if you have not entered a trade after deposit
Cost Per Trade 0 0
Cost Per Month £10 0
Forex (EUR/USD) 0.7 pips 0.7
Stocks & ETF 0 0
CFD (Gold) 3.4 pips 0.6
Crypto 0 0
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

3.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.9

3.5

See details
Minimum deposit (in UAE) 0 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

2.7

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 27
Bonds 0 0
Forex Instruments 330 84
CFD Indices & Funds 98 21
CFD Stocks 9500 150
CFD Commodities 100 16
CFD Crypto 0 0
CFD Bonds 50 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

2.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.3

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

CMC Markets vs. IronFX Comparison Conclusion

The results of our comparison of CMC Markets vs. IronFX are wrapped up in the table listed below.

Broker:Best For:
CMC MarketsForex and CFDs
IronFXForex and CFD Trading & Social Copy Trading

Choosing the ideal option in between CMC Markets and IronFX can be hard. Both on-line brokers have similarities but differ relating to trading instruments, systems & applications, regulation, down payment & withdrawals, and research and education. Picking the very best broker relies on customers’ trading & investment objectives, private preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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