FP Markets vs. IronFX Comparison

This comparison overview helps users who struggle to choose between FP Markets and IronFX to discover the best online broker for their trading and investment demands. It evaluates the main features of the two brokers alongside to assist users contrast their solution and make a notified decision.

To aid individuals select the ideal broker in between FP Markets and IronFX to locate the best-suited platform, listed below is a checklist of broker’s advantages and disadvantages, followed by a contrast of their main trading functions, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, regulation, and customer assistance.

FP Markets vs. IronFX: Summary

FP Markets logo

FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.

The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.

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 ($100)
  • Low spreads from 0,0 pips EUR/USD
  • Compatibility with MT4, MT5 and cTrader
  • Free VPS server
  • Fast account opening

Cons

  • Only CFD and forex trading
  • Demo account is not unlimited

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

  • Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
  • Compatibility with MT4, MT5 and cTrader
  • MAM/PAMM accounts availability
  • Islamic account availability
  • Excellent copy trading features (Myfxbook Autotrade)
  • Wide range of advanced trading tools (Autochartist, Traders Toolbox)

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

FP Markets vs. IronFX Comparison

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FP Markets logo

FP Markets

Open account Read review

75.31% of retail CFD accounts lose money

BROKER COMPARISON

FP Markets logo
Iron-fx-logo

Overall rating

4,3/5

3,7/5

Overall rating

4,3/5

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 1:500 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

5.0

3.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 3% on withdrawal if you have not entered a trade after deposit
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) $3 per lot per trade + 0 pips 0.7
Stocks & ETF 0.13 pips 0
CFD (Gold) 0.13 pips 0.6
Crypto 9.13 pips 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

3.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

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

3.1

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 63 84
CFD Indices & Funds 14 21
CFD Stocks 9000 150
CFD Commodities 10 16
CFD Crypto 4 0
CFD Bonds 2 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

FP Markets vs. IronFX Comparison Conclusion

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

Broker:Best For:
FP MarketsForex and CFD trading with low fees
IronFXForex and CFD Trading & Social Copy Trading

Picking the ideal selection between FP Markets and IronFX can be challenging. Both on the internet brokers have resemblances but differ relating to trading instruments, systems & apps, guideline, down payment & withdrawals, and study and education. Picking the very best broker depends upon individuals’ trading & investment goals, private preferences, and experience level.

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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