IFC Markets is a forex and CFD broker that offers trading on various instruments, such as currency pairs, stocks, indices, commodities, metals, and cryptocurrencies. IFC Markets was founded in 2006 and is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and the Cyprus Securities and Exchange Commission (CySEC) .
IronFX is a forex and CFD broker that offers trading on various instruments, such as currency pairs, stocks, indices, commodities, metals, and cryptocurrencies. IronFX was founded in 2010 and is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) of the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) of South Africa .
IFC Markets vs IronFX Regulation Comparison
Broker
CySEC
FCA
ASIC
FSCA
BVI FSC
IFC Markets
Yes
No
No
No
Yes
IronFX
Yes
Yes
Yes
Yes
No
IFC Markets vs IronFX Trading Assets Comparison
Both brokers offer a wide range of trading instruments, including forex, stocks, indices, commodities, metals, and cryptocurrencies. However, IFC Markets has more forex pairs (over 600) than IronFX (over 200), while IronFX has more stocks (over 3000) than IFC Markets (over 400) .
IFC Markets vs IronFX Trading Fees Comparison
Both brokers charge variable spreads and commissions depending on the account type and the trading instrument. However, IFC Markets generally has lower spreads than IronFX, especially on forex pairs .
Broker/Instrument
EUR/USD
GBP/USD
USD/JPY
Gold (XAU/USD)
IFC Markets (Standard Account)
1.8 pips
2.9 pips
2 pips
$0.4
IronFX (Standard Account)
2.2 pips
2.8 pips
2.3 pips
$0.5
IFC Markets vs IronFX Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. However, IFC Markets has more account options than IronFX, including NetTradeX accounts that allow trading with synthetic instruments and portfolio trading .
Here is a table that compares the main features of the account types offered by both brokers:
IFC Markets vs IronFX Trading Platforms Comparison
Broker/Platform
MT4
MT5
NetTradeX
IFC Markets
Yes
Yes
Yes
IronFX
Yes
Yes
No
IFC Markets vs IronFX Analytical Tools Comparison
Both brokers offer various analytical tools to help traders make informed decisions, such as market news, economic calendar, trading signals, technical analysis tools, and educational resources. However, IFC Markets has more analytical tools than IronFX, such as market sentiment indicators, trading central signals, and personal composite instruments .
Here is a table that compares the analytical tools offered by both brokers:
Broker/Tool
Market News
Economic Calendar
Trading Signals
Technical Analysis Tools
Educational Resources
Other Tools
IFC Markets
Yes
Yes
Yes
Yes
Yes
Market Sentiment Indicators, Trading Central Signals, Personal Composite Instruments
IronFX
Yes
Yes
Yes
Yes
Yes
None
IFC Markets vs IronFX. Which forex broker is better? Which forex broker should you choose?
Which forex broker is better or which one you should choose it depends on your personal preference, trading goals, risk appetite and budget. However, you can refer to some suggestions on how to compare and evaluate forex brokers based on several criteria, such as:
Regulation: You should choose a broker that is regulated by a reputable authority, such as CySEC, FCA, ASIC, or FSCA. This will ensure that the broker follows strict rules regarding client funds protection, fair trading practices, and transparency. You should also check the broker’s reputation and history of complaints or disputes with clients or regulators.
Trading Assets: You should choose a broker that offers a wide range of trading instruments that suit your trading style and strategy. For example, if you are interested in trading forex pairs, you should look for a broker that offers a large number of currency pairs with competitive spreads and commissions. If you are interested in trading stocks, you should look for a broker that offers access to global stock markets with low fees and high liquidity.
Trading Fees: You should choose a broker that charges reasonable fees for trading, such as spreads, commissions, swaps, and other charges. You should also check the broker’s fee structure and how it varies depending on the account type, the trading instrument, the market conditions, and the trading volume. You should also compare the fees of different brokers to find the best value for your money.
Account Types: You should choose a broker that offers different account types that suit your trading needs and preferences. For example, if you are a beginner or have a small budget, you should look for a broker that offers micro or beginner accounts with low minimum deposits and high leverage. If you are an experienced or professional trader, you should look for a broker that offers standard or VIP accounts with higher minimum deposits and lower leverage.
Deposit and Withdrawal Options: You should choose a broker that offers various deposit and withdrawal methods that are convenient, fast, secure, and cheap. For example, if you prefer to use credit/debit cards or e-wallets, you should look for a broker that supports these methods and does not charge high fees or impose long delays. You should also check the broker’s withdrawal policy and how it handles withdrawal requests and issues.
Trading Platforms: You should choose a broker that offers reliable, user-friendly, and advanced trading platforms that are compatible with various devices and operating systems. For example, if you prefer to use MetaTrader 4 (MT4) or MetaTrader 5 (MT5), you should look for a broker that supports these platforms and offers various features and tools, such as indicators, charts, expert advisors, signals, etc. If you prefer to use a proprietary platform with unique features, you should look for a broker that offers such a platform and explains how to use it.
Analytical Tools: You should choose a broker that offers various analytical tools to help you make informed trading decisions, such as market news, economic calendar, trading signals, technical analysis tools, and educational resources. For example, if you want to stay updated on the latest market events and trends, you should look for a broker that provides market news and economic calendar. If you want to get trading ideas and tips from experts or other traders, you should look for a broker that provides trading signals and social trading features. If you want to learn more about forex trading and improve your skills, you should look for a broker that provides educational resources and webinars.
