Compare FXCC vs IronFX - Trading Brokers Comparison

Compare FXCC vs IronFX

FXCC versus IronFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT425+CySEC
$100MT4200+FCA, ASIC, CySEC, FSCA

FXCC and IronFX Comparison

IronFX has a range of account types on offer, supporting a range of trading styles. FXCC has more of a focus on ECN trading (all of its accounts are ECN, while some of IronFX's accounts are). However both offer the same platform, namely MT4.

Both have the same minimum deposit, however IronFX has a higher minimum deposit for ECN trading. IronFX can offer more markets and a wider range of markets. FXCC however can provide on one of its ECN account, ECN caliber spreads, without a commission charge. Both are regulated by the CySEC in Cyprus. IronFX is additionally regulated by the FCA in the United Kingdom, the ASIC in Australia and is licensed by the FSCA in South Africa.

Quick comparison

These are MT4 brokers. Both offer ECN trading, while IronFX has a range of other account types.

Minimum deposit and account types

The minimum deposit for FXCC is $100. The minimum deposit for IronFX is $100, but for STP/ECN trading it is $500.

  • FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000.
  • All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.
  • IronFX offers a range of account types and services. These include a Micro account which has a minimum deposit of $100, 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. The minimum trade size is 0.01 lots except for the Premium and VIP accounts where it is 0.1 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 account, 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

  • On the ECN Standard and the ECN XL account, FXCC offers 30, covering Forex and Precious Metals. On the ECN Advanced account, FXCC has 200+ markets.
  • FXCC offers Forex and Precious Metals on the ECN Standard and the ECN XL account, with 25+ available.
  • IronFX offers Forex, Indices, Metals, Energy, Stocks, Cryptocurrencies and Soft Commodities, with 200+ available.

Cryptocurrency CFDs

  • IronFX offers Bitcoin, Ethereum, Litecoin, Ripple and ADA.

Spreads and leverage

  • Spreads at FXCC are variable and are from 0.1 for EUR/USD (with a typical range under normal market conditions of 0.2-0.6) and around 0.25 for Gold.
  • IronFX's Micro account has a EUR/USD variable spread from 1.1 and a fixed spread from 2.2. The Premium account has a EUR/USD variable spread from 0.7 and a fixed spread from 1.8. The VIP account has a variable EUR/USD spread from 0.5 and a fixed spread from 1.6.
  • IronFX's Live Zero Fixed spread account has an EUR/USD spread of 0 (plus a commission charge). The ECN No Commission account has a variable EUR/USD spread from 1.7 and the ECN account with a commission charge has an EUR/USD spread from 0. The ECN Absolute Zero account has EUR/USD spreads from 0, without a commission charge. Gold spreads are from 0.5, UK100 spreads are from 0.8 and US Crude Oil spreads are from 0.04.

Maximum leverage for FXCC is . Maximum leverage for IronFX (FCA or CySEC regulated) is .

Commissions

  • FXCC's ECN XL account does not charge commissions.
  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
  • IronFX's commission charges are from $6.75 per lot per side for Forex.

Platforms

Both brokers offer MT4 on desktop and apps. IronFX also offers a web trader based on MT4.

Why FXCC or IronFX ?

FXCC provides ECN trading on MT4, offering a number of ECN trading accounts. IronFX is an MT4 broker which has a range of account types, including STP/ECN.

Comparison summary

  • Both brokers offer CFD trading
  • Each provides MT4
  • Both offer ECN accounts
  • For ECN trading, FXCC has a lower minimum deposit
  • Except for FXCC's ECN Advanced account, IronFX offers more markets to trade

Search this site

Translate