Higher Rated
IronFX
Capital at risk · T&Cs apply
In comparing FXTM and IronFX, traders will find distinct differences that cater to varying needs and preferences. FXTM appeals particularly to beginners and cost-conscious traders with its very low minimum deposit of $10 and support for both MT4 and MT5 platforms. Conversely, IronFX may attract more experienced traders with its competitive raw spreads from 0 pips and a broader selection of over 500 instruments. While both brokers are well-regulated and headquartered in Limassol, Cyprus, FXTM offers higher leverage up to 1:2000, which might not suit cautious traders, whereas IronFX provides a more moderate leverage cap of 1:1000.
FXTM
IronFX
| FXTM | IronFX | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.7/5 ✓ |
| Min. Deposit | $10 ✓ | $100 |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:1000 |
| Regulation | FCA, CySEC, FSCA | CySEC, FCA, ASIC ✓ |
| Platforms | MT4, MT5 | MT4, MT5 |
IronFX is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IronFX offers lower spreads (0 pips).
See full side-by-side comparison belowFXTM
IronFX
WinnerFXTM
IronFX
FXTM
3.6/5
Choose FXTM if you want…
IronFX
3.7/5
Choose IronFX if you want…
IronFX scores higher overall on our independent rating system. FXTM holds a 3.6/5 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.
FXTM offers spreads from 0.1 pips, while IronFX starts at 0 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. IronFX requires $100.
FXTM is regulated by FCA, CySEC, FSCA, while IronFX holds licences from CySEC, FCA, ASIC, FSCA.
FXTM supports MT4, MT5. IronFX supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.