Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
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
✓✓General Information
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
IronFX
Regulation
FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Founded
N/A
Headquarters
Cyprus
Overall Rating
Trading Conditions
| 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 |
Account Types
XM
IronFX
Platforms & Tools
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
IronFX
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
XM
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
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
Support
XM
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
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
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