Comparison IFC Markets vs IronFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs IronFX. Is IFC Markets or IronFX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of IFC Markets on regular transactions of the stock exchange is from 0.1%, and IronFX has a commission fee of spreads from 0.3 pips, commissions of 0.10%. For trading in Forex, the commission fee of IFC Markets is spreads from 0.4 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 IFC Markets and IronFX have commission fees of fixed spreads at 45 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 IFC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading, and IronFX provides customers with Stocks Trading, Forex Trading, Futures Trading, Crypto Trading. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while IronFX offers 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. IFC Markets was founded in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. Withdrawal of funds from IFC Markets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of fees vary. And IronFX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in IFC Markets is 1 - 5 business days, and that one in IronFX is 1 - 5 business days.
As a result, the rating of IFC Markets is 4.8 stars versus that of IronFX of 4.8 stars.