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Comparison eToro vs IronFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares eToro vs IronFX. Is eToro or IronFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. eToro has a commission fee of 0.09% spread per side, 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 eToro is from 3 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 eToro and IronFX have commission fees of from 2 pips and spreads from 0.04 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.
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, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by eToro and Stocks Trading, Forex Trading, Futures Trading, Crypto Trading are provided by IronFX. Concerning the platforms, eToro uses Web Platform, 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. eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. Withdrawal of funds from eToro can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $25. And IronFX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for eToro is within 1 business day, and that one for IronFX is 1 - 5 business days.
Overall, eToro boasts 4.5 stars versus IronFX 4.8 stars.