Comparison CMC Markets vs IronFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares CMC Markets vs IronFX. Is CMC Markets or IronFX a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of CMC Markets on regular transactions of the stock exchange is 0.08% commission, and IronFX has a commission fee of spreads from 0.3 pips, commissions of 0.10%. Now, let’s compare commission fees in Forex, the commission fee of CMC Markets is from 0.7 pips, and the commission fee of IronFX is from 0.5 pips. For a more complete picture, let’s consider trading in the metal market, where CMC Markets and IronFX have commission fees of from 0.3 pips and spreads from 0.04 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are CMC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, and IronFX provides customers with Stocks Trading, Forex Trading, Futures Trading, Crypto Trading. As for platforms, CMC Markets offers Web Platform, Android App, iOS App, while IronFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. CMC Markets was established in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And IronFX was established in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. We can withdraw funds from CMC Markets with the help of Bank Wire, 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 time for withdrawal in CMC Markets is 1 - 2 business days, and that one in IronFX is 1 - 5 business days.
Overall, CMC Markets boasts 4.8 stars versus IronFX 4.8 stars.