IronFX vs MH Markets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

IronFX
IronFX
VS
MH Markets
MH Markets

Quick Summary

Best for Beginners

MH Markets

$50.00

Tightest Spreads

MH Markets

From 0.0 pips pips

Highest Leverage

IronFX

1:Up to 1:2000

Best Rated

MH Markets

4.30
/5

Mobile Trading

Both

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General Information

IronFX

Regulation

FCA (UK), CySEC (Cyprus), FSCA (South Africa)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.00/5

MH Markets

Regulation

FSC (Mauritius)

Founded

N/A

Headquarters

Mauritius (licensed), UAE office

Overall Rating

4.30/5

Trading Conditions

Feature IronFX MH Markets
Minimum Deposit $50.00 $50.00
Average Spreads Starting from 0.0 pips (raw ECN accounts); average 1.2 pips on standard accounts for EUR/USD; fixed options from 1.2 pips. From 0.0 pips
Maximum Leverage Up to 1:2000 1:2000
Commission None None

Account Types

IronFX

beginner-friendly ecn-raw standard islamic ecn copy-trading vip raw managed zero-commission low-spread high-leverage crypto stock-cfd scalping-ea fast-execution

MH Markets

No account types specified

Platforms & Tools

IronFX

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

MH Markets

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Not Available

Social Trading

Available

Payments

IronFX

Deposit Methods

Credit/debit cards, bank wire, e-wallets (Skrill, Neteller, FasaPay, WebMoney, Paysafe), local transfers, digital assets (crypto).

Withdrawal Methods

Same as deposits; processed in 1-7 business days (instant for e-wallets).

Withdrawal Fee

None

MH Markets

Deposit Methods

🏦 Bank/Wire  |  💳 VISA/MasterCard  |  🏛️ Local Banking  |  📱 QR  |  💰 Tether (USDT)

Withdrawal Methods

Same as deposits; processing typically 1 business day; wire may take 3–5 days

Withdrawal Fee

None

Support

IronFX

Support Languages

English, French, Spanish, Chinese, Korean, Farsi, Japanese, and more.

Support Channels

24/5 via live chat, email, and phone (for active clients); multilingual and responsive.

Account Manager

Available

MH Markets

Support Languages

Multi‑lingual support: English, Thai (and others) 

Support Channels

24/7 multilingual support; strong reviews, though some variability in response times 

Account Manager

Available

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