CMC Markets
IronFX
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
When comparing CMC Markets and IronFX, the key difference lies in their market offerings and target trader profiles. CMC Markets, with its award-winning Next Generation platform and over 10,000 instruments, primarily appeals to traders seeking a comprehensive range of CFDs, including cryptocurrencies, without the constraint of a minimum deposit. In contrast, IronFX attracts traders looking for competitive raw spreads and high leverage options, especially in forex markets, although it requires a minimum deposit of $100 and primarily caters to those interested in traditional trading platforms like MT4 and MT5.
CMC Markets
IronFX
| CMC Markets | IronFX | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.7/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:1000 ✓ |
| Regulation | FCA, ASIC, MAS | CySEC, FCA, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.7/5 on BrokerRank's independent rating. On fees, IronFX offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets
WinnerIronFX
CMC Markets
IronFX
CMC Markets
4.0/5
Choose CMC Markets if you want…
IronFX
3.7/5
Choose IronFX if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs IronFX's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while IronFX starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. IronFX requires $100.
CMC Markets is regulated by FCA, ASIC, MAS, while IronFX holds licences from CySEC, FCA, ASIC, FSCA.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. IronFX supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.