Compare AMarkets vs IronFX
What is AMarkets? What is IronFX ?
AMarkets is a forex and CFD broker that was established in 2007 and is regulated by the Financial Commission in the United Kingdom. It offers trading on various instruments, such as forex, stocks, metals, crypto, and more. It has offices in Montenegro, Armenia, Kazakhstan, and Uzbekistan.
IronFX is a forex and CFD broker that was established in 2010 and is regulated by multiple authorities, such as CySEC in Cyprus, ASIC in Australia, FCA in the United Kingdom, and FSCA in South Africa. It offers trading on over 300 instruments, such as forex, stocks, indices, commodities, crypto, and more. It has offices in over 20 countries around the world.
AMarkets vs IronFX Regulation Comparison
Both brokers are regulated by reputable authorities and have a high trust score. AMarkets has one tier-1 license from the Financial Commission, while IronFX has three tier-1 licenses from ASIC, FCA, and FSCA. Both brokers also have a tier-2 license from CySEC.
IronFX has an additional tier-3 license from BMA in Bermuda.
AMarkets vs IronFX Trading Assets Comparison
ronFX has more trading assets than AMarkets, with 340 CFDs compared to 2179 CFDs offered by AMarkets. IronFX also has more forex pairs, with 83 pairs compared to 57 pairs offered by AMarkets. Both brokers offer trading on crypto CFDs, but not on physical crypto.
AMarkets vs IronFX Trading Fees Comparison
AMarkets has lower trading fees than IronFX, with an average spread of 1.9 pips on EUR/USD compared to 1.2 pips offered by IronFX. AMarkets also has lower commissions, with $2.50 per lot compared to $18 per lot charged by IronFX. Both brokers offer discounts for active traders or VIP clients.
AMarkets vs IronFX Account Types Comparison
Both brokers offer various account types to suit different trading styles and preferences. AMarkets has four account types: Standard ($100 minimum deposit), Fixed ($100 minimum deposit), ECN ($200 minimum deposit), and Crypto ($100 minimum deposit).
IronFX has six account types: Micro ($100 minimum deposit), Premium ($2500 minimum deposit), VIP ($20,000 minimum deposit), Zero Fixed ($500 minimum deposit), Absolute Zero ($500 minimum deposit), and STP/ECN ($500 minimum deposit). Both brokers also offer demo accounts, Islamic accounts, PAMM accounts, and managed accounts.
AMarkets vs IronFX Deposit Options Comparison
Both brokers offer a range of payment methods for depositing and withdrawing funds from their trading accounts. AMarkets accepts WebMoney, Skrill, Wire transfer, Credit / debit cards, Neteller, UnionPay, Perfect Money, FasaPay, Crypto (Litecoin, AdvCash, Tether (USDT), OnlineNaira and Ethereum).
IronFX accepts Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Perfect Money, Local bank transfer, FasaPay, Crypto (Bitcoin) and Ethereum. Both brokers do not charge any fees for deposits or withdrawals.
AMarkets vs IronFX Trading Platforms Comparison
Both brokers use MetaTrader 4 and MetaTrader 5 as their main trading platforms. These platforms are widely used and trusted by traders around the world for their reliability, functionality, and user-friendliness. They also support automated trading, one-click trading, trailing stop orders, pending orders, and various analytical tools and indicators. Both brokers also have their own mobile apps for trading on the go.
AMarkets vs IronFX Analytical Tools Comparison
Both brokers provide their clients with various analytical tools to help them with their trading decisions and strategies. AMarkets offers market news, economic calendar, trading signals (Autochartist), webinars (Trading Central), market sentiment analysis (FxWirePro), and technical analysis (Trading Central).
IronFX offers market news (IronFX Research App), economic calendar (IronFX Economic Calendar App), trading signals (IronFX Trading Signals App), webinars (IronFX Webinars App), market sentiment analysis (IronFX Sentiment App), and technical analysis (IronFX Technical Analysis App).
AMarkets vs IronFX . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite and other factors. Both brokers have their pros and cons, and you should weigh them carefully before making a decision. You can also try out their demo account to test their platform and services before opening a real account. Ultimately, the best forex broker for you is the one that meets your needs and expectations.