IG Trading vs. IronFX Comparison

This comparison overview helps individuals that struggle to choose in between IG Trading and IronFX to locate the best online broker for their trading and financial investment needs. It analyzes the highlights of the two brokers alongside to assist users contrast their service and make a notified choice.

To help customers select the best broker in between IG Trading and IronFX to discover the best-suited platform, below is a list of broker’s pros and cons, adhered to by a contrast of their main trading attributes, consisting of trading platforms & devices, costs, mobile trading, deposit & withdrawal, properties, regulation, and consumer assistance.

IG Trading vs. IronFX: Summary

IG Trading logo

IG is a globally operating online broker regulated by eight tier-one regulators (FCA, ASIC, JFSA, MAS, FINMA, FMA, CFTC and MiFID). They offer users access to 19,500 tradable symbols including 20,000 CFDs, forex, forex options, stocks and cryptocurrencies. IG users can choose between various trading platforms including a proprietary Web-based platform, L2 Dealer DMA, MetaTrader 4 and ProRealTime charting feature.

IG trading fees are competitive for active traders. The size of the brokers allows fast and reliable order execution also on larger orders. IG also offered spread rebates on higher volume CFD trades.

IG additionally offers extensive educational materials (daily video market updates and technical and fundamental analysis case studies), a wide range of trading and research tools for beginners and advanced and intuitive trading apps.

IG’s customer service is available through live chat, email, phone, and WhatsApp in English, and several other languages.

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

  • Regulated by 8 tier-one regulators
  • Low average spreads from 0.82 pips EUR/USD
  • Wide range of trading platforms and third party plugins
  • Extensive research and education resources
  • Wide range of platforms

Cons

  • Slightly higher fees on CFDs
  • Limited banking options

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 20,000 tradable symbols
  • Compatible with MT4, L2 Dealer and ProRealTime
  • Unlimited demo paper trading account
  • Advanced research and analysis tools (L2 Dealer and ProRealTime)
  • Availability of EA’s and other automated trading software
  • Free trading signals and alerts

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

IG Trading vs. IronFX Comparison

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IG Trading logo

IG Trading

Open account Read review

75% of retail CFD accounts lose money

BROKER COMPARISON

IG Trading logo
Iron-fx-logo

Overall rating

4,2/5

3,7/5

Overall rating

4,2/5

3,7/5

Trading Platform & Tools

5.0

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 $18 0
Forex (EUR/USD) 0.6 pips 0.7
Stocks & ETF 0.3 pips 0
CFD (Gold) 0.3 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

1.3

3.5

See details
Minimum deposit (in UAE) $5500 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.5

2.7

See details
Shares 1000 0
ETF & Funds 1000 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 27
Bonds 0 0
Forex 80 84
CFD Indices & Funds 80 21
CFD Stocks 12000 150
CFD Commodities 6 16
CFD Crypto 10 0
CFD Bonds 12 0
Binary Options 100 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

IG Trading vs. IronFX Comparison Conclusion

The outcomes of our comparison of IG Trading vs. IronFX are involved the table below.

Broker:Best For:
IG TradingGreat overall multi-asset broker
IronFXForex and CFD Trading & Social Copy Trading

Picking the appropriate selection between IG Trading and IronFX can be tough. Both on-line brokers have resemblances however differ relating to trading instruments, systems & applications, law, down payment & withdrawals, and study and education and learning. Selecting the most effective broker relies on customers’ trading & investment goals, specific 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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