Compare IQ Option vs IronFX
What is IQ Option? What is IronFX ?
IQ Option is an online trading platform that offers CFDs on stocks, ETFs, forex, cryptocurrencies, commodities and indices. It has a free demo account, a low minimum deposit of $20, a wide range of payment methods and a mobile trading app.
IronFX is an online trading platform that offers CFDs on forex, metals, indices, commodities, futures and shares. It has three types of bonuses for new clients, a partnership program, an academy and a mobile trading app.
IQ Option vs IronFX Regulation Comparison
IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 247/14.
IronFX is regulated by the Financial Conduct Authority (FCA) in the UK with registration number 585561.
IQ Option vs IronFX Trading Assets Comparison
IQ Option offers more than 200 trading instruments, including 80+ currency pairs, 10+ cryptocurrencies, 20+ indices, 50+ stocks and ETFs, and 10+ commodities.
IronFX offers more than 200 trading instruments, including 120+ currency pairs, 15+ metals, 15+ indices, 200+ stocks and ETFs, 20+ commodities and 15+ futures.
IQ Option vs IronFX Trading Fees Comparison
IQ Option charges variable spreads depending on the market conditions and the asset type. The average spread for EUR/USD is 1.2 pips, for gold is 0.34 pips and for Bitcoin is 0.75%.
IronFX charges variable or fixed spreads depending on the account type. The average spread for EUR/USD is 0.7 pips for STP/ECN accounts and 2.2 pips for fixed spread accounts, for gold is 0.5 pips for STP/ECN accounts and 45 pips for fixed spread accounts and for Bitcoin is not available.
IQ Option vs IronFX Account Types Comparison
IQ Option offers one standard account type with a minimum deposit of $20 and a maximum leverage of 1:30 for retail clients and 1:1000 for professional clients.
IronFX offers four account types: Live Floating Spread Account with a minimum deposit of $100 and a maximum leverage of 1:30 for retail clients and 1:1000 for professional clients; Live Fixed Spread Account with a minimum deposit of $500 and a maximum leverage of 1:30 for retail clients and 1:500 for professional clients; STP/ECN Zero Spread Account with a minimum deposit of $500 and a maximum leverage of 1:30 for retail clients and 1:200 for professional clients; STP/ECN Absolute Zero Account with a minimum deposit of $500 and a maximum leverage of 1:30 for retail clients and 1:200 for professional clients.
IQ Option vs IronFX Deposit Options Comparison
IQ Option supports various payment methods such as credit/debit cards, e-wallets (Skrill, Neteller, WebMoney), bank wire transfer and cryptocurrency wallets. The minimum withdrawal amount is $10 and there are no fees charged by the broker.
IronFX supports various payment methods such as credit/debit cards, e-wallets (Skrill, Neteller), bank wire transfer and local payment solutions. The minimum withdrawal amount is $50 and there are no fees charged by the broker.
IQ Option vs IronFX Trading Platforms Comparison
IQ Option provides its own proprietary trading platform that is available on desktop (Windows/MacOS), web and mobile (Android/iOS). The platform has a user-friendly interface, advanced charting tools, technical indicators, news feed, economic calendar, price alerts and expert advisors.
IronFX provides the MetaTrader 4 (MT4) trading platform that is available on desktop (Windows/MacOS), web and mobile (Android/iOS). The platform has a reliable performance, advanced charting tools, technical indicators, news feed, economic calendar, price alerts and expert advisors.
IQ Option vs IronFX Analytical Tools Comparison
IQ Option offers free weekly trading webinars, educational videos, emails and blog articles to help traders improve their skills and strategies.
IronFX offers access to Trading Central’s signals and indicators, as well as an academy with webinars, videos, ebooks and articles to help traders enhance their knowledge and skills.
IQ Option vs IronFX . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, risk appetite and level of experience. You should compare the features, benefits, and limitations of each broker and decide which broker is right for you. You should also read the reviews and ratings of other traders and experts to better understand their reputation and performance. Trading CFDs involves a high risk of losing money, so you should only trade with an amount that you can accept to lose.
