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FXCM
Capital at risk · T&Cs apply
In this comparison, we delve into the key differences and offerings of FXCM and IronFX, two prominent brokers in the forex trading space. FXCM, with a rating of 3.66/5, is based in London and appeals to traders seeking a broker with low spreads, a proprietary trading platform, and robust educational resources, though its product range is somewhat limited. In contrast, IronFX, rated 3.71/5 and headquartered in Cyprus, offers a broader array of trading instruments and is particularly appealing to traders who value competitive raw spreads and high leverage options. While FXCM is better suited for those who prioritise educational content and automated trading, IronFX caters to traders looking for a wider market selection and lower initial spreads.
FXCM
IronFX
| FXCM | IronFX | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.7/5 ✓ |
| Min. Deposit | $50 | $100 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:400 | 1:1000 ✓ |
| Regulation | FCA, ASIC | CySEC, FCA, ASIC ✓ |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5 |
FXCM (3.7/5) and IronFX (3.7/5) are closely matched. IronFX has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFXCM
IronFX
FXCM
IronFX
FXCM
3.7/5
Choose FXCM if you want…
IronFX
3.7/5
Choose IronFX if you want…
FXCM (3.7/5) and IronFX (3.7/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
FXCM offers spreads from 0.2 pips, while IronFX starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. IronFX requires $100.
FXCM is regulated by FCA, ASIC, while IronFX holds licences from CySEC, FCA, ASIC, FSCA.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. 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
BrokerRank Research — Hidden costs across 345 brokers
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.