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Comparison AvaTrade vs IronFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs IronFX. Is AvaTrade or IronFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and IronFX has a commission fee of spreads from 0.3 pips, commissions of 0.10%. For trading in Forex, the commission fee of AvaTrade is from 1.3 pips, while the commission fee of IronFX is from 0.5 pips. For a more complete picture, let’s consider trading in the metal market, where AvaTrade and IronFX have commission fees of from 0.4pips and spreads from 0.04 pips, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Stocks Trading, Forex Trading, Futures Trading, Crypto Trading are provided by IronFX. Concerning the platforms, AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while IronFX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And IronFX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for IronFX is 1 - 5 business days.
As a result, the rating of AvaTrade is 4.8 stars versus that of IronFX of 4.8 stars.