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Side-by-Side Comparison Independent Updated Mar 11, 2026

IronFX vs FXTM 2026: Which Broker is Better?

Choosing between IronFX and FXTM depends on your trading style, preferred markets, and budget. IronFX is headquartered in Limassol, Cyprus. IronFX has the longer track record, established in 2010, compared to FXTM which was founded in 2011. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

IronFX

FXTM

VS
IronFXFXTM
BrokerRank Score3.7/5 ✓3.6/5
Min. Deposit$100$10 ✓
Spread from0 pips ✓0.1 pips
Max Leverage1:10001:2000 ✓
RegulationCySEC, FCA, ASIC ✓FCA, CySEC, FSCA
PlatformsMT4, MT5MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
FXTMIronFX
Best for Low Fees
IronFXFXTM
Best for Regulation
IronFXFXTM
Best Overall
IronFXFXTM
Quick Answer

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 below

IronFX vs FXTM: Key Differences

Feature

IronFX

Winner

FXTM

Our Rating
3.7 / 5
3.6 / 5
Min. Deposit
$100
$10
Max Leverage
Spread From
0 pips
0.1 pips
Commission
$3/lot
$0.5/lot
Platforms
MT4, MT5
MT4, MT5
Markets
Forex, Cfd, Indices, Commodities, Metals
Forex, Cfd, Stocks, Indices, Commodities
Founded
2010
2011
Headquarters
Limassol, Cyprus
Limassol, Cyprus
Score
3 / 5
2 / 5

Fees Comparison

Fee

IronFX

FXTM

Spread From
0 pips
0.1 pips
Commission
$3/lot
$0.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

IronFX holds licences from FCA, ASIC, CySEC. FXTM is regulated by FCA, CySEC, FSCA.

Markets & Assets

Both brokers offer access to Forex, Cfd, Indices, Commodities markets. IronFX additionally covers Metals. FXTM adds Stocks.

Fees & Spreads

On spreads, IronFX is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.

Trading Platforms

IronFX supports MT4, MT5. FXTM offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

IronFX requires a minimum deposit of $100, while FXTM sets a minimum deposit of $10. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores IronFX at 3.71/5 and FXTM at 3.59/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IronFX leads overall with a clear advantage.

BrokerRank Verdict

IronFX is our recommended pick in this comparison, scoring 3.71/5 versus FXTM's 3.59/5. IronFX holds more tier-1 licences (FCA, ASIC), offering stronger regulatory protection. IronFX also provides tighter spreads (0.0 pips) versus 0.1 pips at FXTM. Traders with smaller budgets may find FXTM's lower minimum deposit of $10 more accessible. FXTM is still a solid option for beginners starting with a smaller initial capital, but IronFX offers a stronger overall package for the majority of traders.

Who Should Choose Which?

IronFX

IronFX

3.7/5

Top pick

Choose IronFX if you want…

  • Higher overall rating (3.7/5)
  • Tighter spreads (from 0 pips)
  • More regulatory licences (4)
  • More established (est. 2010)
FXTM

FXTM

3.6/5

Choose FXTM if you want…

  • Lower minimum deposit ($10)
  • Higher leverage (up to 1:2000)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both IronFX & FXTM are available in

Frequently Asked Questions

1

Is IronFX better than FXTM?

IronFX scores higher overall on our independent rating system. IronFX holds a 3.7/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, IronFX or FXTM?

IronFX offers spreads from 0 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IronFX vs FXTM?

IronFX requires a minimum deposit of $100. FXTM requires $10.

4

Which broker is safer, IronFX or FXTM?

IronFX is regulated by CySEC, FCA, ASIC, FSCA, while FXTM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do IronFX and FXTM support?

IronFX supports MT4, MT5. FXTM supports MT4, MT5.

6

Can I use both IronFX and FXTM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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