IronFX vs. Next Markets Comparison

This contrast guide assists customers that battle to select between IronFX and Next Markets to discover the very best online broker for their trading and investment demands. It assesses the main features of the two brokers side by side to help customers contrast their service and make an informed choice.

To assist customers pick the right broker in between IronFX and Next Markets to discover the best-suited system, below is a list of broker’s advantages and disadvantages, followed by a contrast of their main trading attributes, including trading platforms & tools, costs, mobile trading, down payment & withdrawal, assets, law, and customer support.

IronFX vs. Next Markets: Summary

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.

Next Markets logo

Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.

Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.

Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).

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)

Pros

  • Low minimum deposit ($0)
  • 0% commission stocks and ETFs
  • Low spreads from 0.6 pips (EUR/USD)
  • Free trading signals
  • No hidden commissions or non-trading fees

Cons

  • Algorithmic trading is not available
  • Limited advanced trading tools and features
  • No demo or Islamic swap-free accounts are available

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

Key features

  • Access to 8,000 financial instruments
  • Broad range of deposit & withdrawal methods
  • User friendly mobile app
  • Competitive trading fees, spreads, and commissions
  • Beginner friendly trading tools and features
  • User friendly mobile app

IronFX vs. Next Markets Comparison

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Next Markets logo

Next Markets

Open account Read review

56.65% of retail CFD accounts lose money

BROKER COMPARISON

Iron-fx-logo
Next Markets logo

Overall rating

3,7/5

3,5/5

Overall rating

3,7/5

3,5/5

Trading Platform & Tools

3.5

2.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1000:1 100:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.6

4.3

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

Mobile Trading

3.9

3.8

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.5

3.8

See details
Minimum deposit (in UAE) $100.00 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.7

2.5

See details
Shares 0 7000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 27 0
Bonds 0 0
Forex Instruments 84 0
CFD Indices & Funds 21 1000
CFD Stocks 150 7000
CFD Commodities 16 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

2.8

1.8

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

Customer Support

4.3

4.5

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

Winner

IronFX vs. Next Markets Comparison Conclusion

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

Broker:Best For:
IronFXForex and CFD Trading & Social Copy Trading
Next MarketsStocks and ETF trading and investing

Choosing the right option between IronFX and Next Markets can be hard. Both on the internet brokers have similarities however differ concerning trading tools, systems & apps, guideline, deposit & withdrawals, and research study and education and learning. Picking the most effective broker depends on individuals’ trading & financial investment objectives, private choices, 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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