| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| FXPRIMUS | $15 Minimum Deposit | MT4, MT5, cTrader Trading Platforms | 1000+ Markets To Trade | FXPRIMUS offers trading on MT4, MT5 and cTrader (including automated trading) and has a Cent account About |
| IronFX | $50 Minimum Deposit | MT4 Trading Platform | 200+ Markets To Trade | IronFX provides trading on MT4, offering a wide range of account types including fixed spreads, STP/ECN and Cent and offers social and copy trading About |
FXPRIMUS vs IronFX Comparison
Both of these broker offers trading on MT4 (incuding automated trading with EAs). FXPRIMUS additionally provides MT5 (the successor to MT4) and offers cTrader (a realtively user friendly platform, offering automated trading). FXPRIMUS and IronFX have a Cent account, with low minimum trade sizes.
Both brokers let the trader run Expert Advisors (EAs) on MetaTrader (i.e. online trading robots). Traders who do not trade with robots can use either broker as well as each offers a range of different account types (though non-automated traders can use all account types).
Quick comparison
Each offers MT4. FXPRIMUS additionally provides cTrader. IronFX can offer fixed spreads as well as variable spreads.
Minimum deposit and account types
The minimum deposit for FXPRIMUS is $15. The minimum deposit for IronFX is $50.
- FXPRIMUS offers its PrimusCENT, PrimusCLASSIC, PrimusPRO and PrimusZERO accounts. The PRIMUSCent and PRIMUSClassic accounts have a minimum deposit of $15. The PrimusPRO account has a minimum deposit of $500 and the PRIMUSZero account has a minimum deposit of $1000. The PrimusPRO and PrimusZERO accounts have commission charges, and the PrimusZERO account offers spreads 0, plus commission. FXPRIMUS provides traders education, an economic calendar and trading tools for all its clients. The minimum trade size is 0.0001 lots.
- IronFX offers a range of account types and services. These include a Standard account which has a minimum deposit of $50, a Premium account with a minimum deposit of $2,500 and a VIP account with a minimum deposit of $20,000. These three account types are available with fixed or variable spreads and the spreads can be tighter on higher account types. There is additionally a Cent account, which offers small trade sizes and has a minimum deposit of $50. Social and copy trading is provided via Myfxbook AutoTrade and TradeCopier. The minimum trade size is 0.01 lots except for the Premium and VIP accounts where it is 0.1 lots and the Cent account where it is 0.0001 lots.
- IronFX also offers a Zero Fixed Spread account. This provides zero spreads for some markets, with commissions charged. As well, IronFX offers STP/ECN accounts with or without commissions. It also has an STP/ECN Absolute Zero account, with spreads from zero, with no commission charge. For the Zero Fixed Spread account and the STP/ECN accounts, the minimum deposit is $500. The minimum deposit for the Absolute Zero account is upon request to the account manager.
- All IronFX accounts offer a Dedicated Account Manager, Technical Analysis Reports, Investor Education Tools and Private One-on-One Trading Guidance. The Premium, VIP, STP/ECN No Commission and STP/ECN Zero Spread accounts also offer a Dealing Department Transaction Hotline.
Markets
- FXPRIMUS offers Forex, Indices, Energy, Stocks, Metals and Cryptocurrencies, with 1000+ available.
- IronFX offers Forex, Indices, Energy, Stocks, Metals, Cryptocurrencies and Soft Commodities, with 200+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| FXPRIMUS Broker | MT4, MT5, cTrader Trading Platforms | FXPRIMUS offers automated trading on MT4, MT5 and cTrader and has a Cent account, with low minimum trade sizes Description |
| IronFX Broker | MT4 Trading Platforms | IronFX provides a wide range of account types for MT4, from STP/ECN to fixed spreads and has a Cent account Description |
Cryptocurrency CFDs
- FXPRIMUS offer Bitcoin, Ethereum, Litecoin, Ripple, Iota, Bitcoin Cash and Satoshi CFDs.
- IronFX offers Bitcoin, Ethereum, Litecoin, Ripple, Iota, Bitcoin Cash, Cardano, EOS, Dogecoin, Polkadot, Stellar, Uniswap, Ethereum Classic, Solana, Tron, OmiseGO, Internet Computer Protocol and IOST CFDs.
Spreads
- Both brokers can offer low Forex spreads plus a commission charge. IronFX can offer Forex spreads from 0 without a commission charge and FXPRIMUS can offer Forex spreads from 1.5 without a commission charge.
Commissions
- FXPRIMUS charges a commission of $5 per lot round trip on its PrimusZERO Account and $8 (MT5) and $10 (MT4) round trip on its PrimusPRO account.
- IronFX charges a commission of $6.75 per lot per side on its STP/ECN Zero Spread Account.
Online trading platforms
FXPRIMUS offers MT4, MT5 and cTrader. IronFX provides MT4.
Why FXPRIMUS or IronFX&nsbp;?
Traders who want to trade on MT4 may do so at either broker. Traders who want to trade on MT5, the successor to MT4 can find this platform at FXPRIMUS. Traders who want to trade on cTrader, may do so at FXPRIMUS. Traders who want a wide range of MT4 account types (from STP/ECN to fixed spreads) can do this at IronFX. Traders who want to trade on a Cent account can find one at FXPRIMUS or IronFX. Traders who want to social or copy trade can do this at IronFX.
Comparison summary
- Both offer CFD trading
- Each provides MT4
- FXPRIMUS additionally offers MT5 and cTrader
- Each allows EAs, FXPRIMUS also allows cBots
- IronFX offers account types from ECN to fixed spreads
- IronFX has social and copy trading
