IronFX vs easyMarkets

IronFX or easyMarkets – which is better for UK traders 2024? Compare IronFX and easyMarkets in this detailed breakdown of their platforms, features and fees.

IronFX vs easyMarkets Comparison Table 2024
IronFX easyMarkets
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3.8
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3
IronFX is ranked #42 among CFD brokers. easyMarkets is ranked #25 among CFD brokers.
Review
Review
IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages. Founded in 2001, easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders.
Pros
  • Alongside MT4, the broker continues to offer several additional services, including copy trading, a VPS solution, and PAMM/MAM accounts
  • Fixed and floating spread accounts are available, making IronFX a good choice for both beginners and experienced traders
  • Traders get access to the popular Trading Central research tool, which offers automated AI analytics and 24/7 support
  • IronFX is an established firm and is regulated by several reputable bodies, including the CySEC, FCA and FSCA
  • The broker frequently offers trading competitions with cash prizes, as well as welcome bonuses for new clients
  • The IronFX Academy delivers some excellent educational tools for beginners through to advanced traders
  • Traders can access an excellent range of risk management tools, including negative balance protection, guaranteed stop loss orders and the proprietary dealCancellation tool
  • High-quality trading software is available including TradingView, with 100+ overlays and indicators, plus deep market insights
  • The Bitcoin base currency account makes it easy to store and trade cryptos without the need for a fiat exchange
  • easyMarkets is regulated by top authorities including the CySEC and ASIC, and has a strong 20+ year history
  • There’s a wide range of free research tools and news feeds available in all the broker's platforms
Cons
  • It’s a shame that the broker doesn’t offer any additional software such as MT5 or TradingView to give experienced traders more choice
  • Commissions start from $13.50 per lot in the zero-spread accounts, nearly double the industry average
  • Compared to the leading brokers, IronFX offers a relatively small selection of share CFDs
  • There's no copy trading service for beginners looking to follow successful strategies, or for experienced traders looking to sell their own strategies
  • The broker doesn’t offer any raw-spread or cent account options, which puts it behind top competitors like Vantage
  • Spreads on the Standard account are fairly wide based on tests, starting from 1.7 pips for EUR/USD
  • There is no VPS service for seasoned algo traders looking to run their automated strategies 24/7
Awards
  • Best Online Trading Platform (2019)
  • Best Broker of the Year (2019)
  • Most Trustworthy Forex Broker Global (2019)
  • Best Online Trading & Financial Services Company (2020)
  • Best Online Forex Trading Platform (2021)
  • International Online Currency Trading Platform of the Year (2021)
  • Most Outstanding Online Trading Partners Program (2022)
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes Yes
Minimum Deposit
$100 €100
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
CySEC, FCA, FSCA, BMA / Bermuda CySec, ASIC, BVI, FSCA
Mobile Apps
Android, iOS, WebTrader iOS, Android and Windows
iOS App Rating
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4.6
Android App Rating
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3.6
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to learn from more experienced investors, whilst strategy providers can earn performance fees.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
3%
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • PLN
  • CZK
Commodities
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Soybeans
  • Sugar
  • Oil
  • Wheat
  • Natural Gas
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Gold
  • Silver
  • Palladium
  • Soybeans
CFD
IronFX’s asset list of 300+ instruments covers forex, stocks, commodities and index CFDs. Maximum leverage from 1:30 to 1:1000 is available depending on account location. Traders can access superb technical analysis features, including 30 pre-integrated indicators and 9 charting time frames. You can trade 275+ CFD instruments covering equities, currencies, commodities, indices and cryptocurrencies. The broker offers flexible trading software and account options, plus access to the unique dealCancellation risk management tool, which is ideal for beginners.
Leverage
1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) 1:30
FTSE Spread
140
GBPUSD Spread<
0.8 0.9 (MT4)
Oil Spread
3 3 pips
Stocks Spread
Variable 0.1% Var
Forex
IronFX continues to offer a strong selection of 80 currency pairs. You can trade through the market-leading MT4 platform with a range of forex market research tools. That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot. easyMarkets continues to offer 60+ forex pairs including majors, minors and a selection of exotics, with fixed spreads from 1.8 pips or variable spreads from 0.8 pips. FX traders can access advanced trading software in MetaTrader, as well as very high leverage up to 1:2000.
Assets
80+ 81+
GBPUSD Spread
0.8 1.3 var (MT5)
EURUSD Spread
0.7 0.9 (MT4)
EURGBP Spread
0.9 1.5 (MT4)
Cryptocurrency
There’s a modest range of 20 cryptocurrencies paired with USD available, with high leverage up to 1:400. You can also access a Bitcoin base currency account which offers a convenient way to hold and trade your crypto assets without the need for an exchange.
Spread
Variable
Coins
  • BTC
  • XRP
  • ETH
  • LTC
  • BCH
  • XLM
  • ADA
  • ALG
  • SOL
  • UNI
  • DOT
  • LNK
  • ZEC
  • OMG
  • MTC
  • DSH
  • DOG
  • CHZ
  • AVA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
IronFX easyMarkets
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