Videforex vs IronFX
Videforex or IronFX – which is better for UK traders 2024? Compare Videforex and IronFX in this detailed breakdown of their platforms, features and fees.
Videforex | IronFX |
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Videforex is ranked #6 among binary options brokers. | IronFX is ranked #42 among CFD brokers. |
Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills. | 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. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) |
Bonus | |
20% to 200% Deposit Bonus | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $100 |
Payment Methods | |
Minimum Trade | |
$0.01 | 0.01 Lots |
Regulator | |
CySEC, FCA, FSCA, BMA / Bermuda | |
Mobile Apps | |
Android | Android, iOS, WebTrader |
Trading App | |
Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
No | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | Yes |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount. | 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 | Yes |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
Yes | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$10 | 3% |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades. | 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. |
Leverage | |
1:500 | 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) |
FTSE Spread | |
Floating from 0.2 | 140 |
GBPUSD Spread< | |
Floating from 0.1 | 0.8 |
Oil Spread | |
Floating from 0.05 | 3 |
Stocks Spread | |
NA | Variable |
Forex | |
Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout. | 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. |
Assets | |
35 | 80+ |
GBPUSD Spread | |
Floating from 0.1 pips | 0.8 |
EURUSD Spread | |
Floating from 0.1 pips | 0.7 |
EURGBP Spread | |
Floating from 0.1 pips | 0.9 |
Cryptocurrency | |
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available. | |
Spread | |
Floating | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus. | |
Payout | |
98% | |
Expiration Times | |
5 seconds - 1 month | |
Boundary Options | |
No | No |
Ladder Options | |
No | No |
Videforex | IronFX |
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