Detailed side-by-side analysis
Best for Beginners
XM
$5.00Tightest Spreads
XM
From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard pipsHighest Leverage
IronFX
1:Up to 1:2000Best Rated
XM
Mobile Trading
Both
✓✓Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
Regulation
FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Founded
N/A
Headquarters
Cyprus
Overall Rating
| Feature | XM | IronFX |
|---|---|---|
| Minimum Deposit | $5.00 | $50.00 |
| Average Spreads | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard | Starting from 0.0 pips (raw ECN accounts); average 1.2 pips on standard accounts for EUR/USD; fixed options from 1.2 pips. |
| Maximum Leverage | Up to 1:1000 | Up to 1:2000 |
| Commission | None | None |
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
Withdrawal Fee
None
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
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
Account Manager
Not Available
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
Select the platform that best matches your needs