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IronFX vs XMTrading
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, IronFX currently holds a lower overall rating (4.2) compared to XMTrading (4.3).
IronFX has a higher minimum deposit than XMTrading, at 100.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
IronFX offers a minimum lot size of 0.01 and a maximum lot size of 80.0, while XMTrading offers 0.1 and 100.0.
Each broker offers an equal maximum leverage of 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 5.0 |
| Commission | 0.0 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.1 |
| Maximum lot size | 80.0 | 100.0 |
| Spread | Fixed | Variable |
| Broker type | STP, ECN, Market Maker | Market Maker |
| Maximal leverage (1:?) | 1000 | 1000 |
| Availability | STP, ECN, Market Maker | Market Maker |
| Regulation | FCA (UK), FSP (NZ), CySEC (Cyprus), ASIC (Australia) | FSA (Seychelles), FSC (British Virgin Islands) |
| Trading Platforms | MetaTrader 4 (MT4), WebTrader MetaTrader 4 | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XMTrading App |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, Skrill, FasaPay | Wire Transfer, Credit Card, Multiple local methods, Sticpay |
| Account Currency | USD, GBP, EUR, CHF, JPY, CAD, AUD | USD, EUR, JPY |
| Languages | English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Chinese, Polish, Arabic, Korean, Czech | English, Japanese, Russian, Malay, Thai, Vietnamese, Korean |
| Country | British Virgin Islands | Seychelles |
| Trading platform(s) timezone | Australia, Czech Republic, South Africa, Spain, United Kingdom | Seychelles |
| Other trading instruments | Stocks, Futures, Indices, Commodities, Shares, CFDs | Indices, Commodities, Energies, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
