Compare IronFX vs Titan FX - Trading Brokers Comparison

Compare IronFX vs Titan FX

IronFX versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4200+FCA, ASIC, CySEC, FSCA
$200MT470+VFSC

IronFX and Titan FX Comparison

Titan FX is an ECN broker, which uses Equinix infrastructure for high speed order transmission. IronFX offers a range of accounts types, which are either instant or market execution. None of Titan FX's account requote, but IronFX's instant execution may. On the other hand its instant execution account have no slippage, while slippage is possible on its market execution accounts and at Titan FX. However one of the points of high speed order execution is to try and minimise slippage, by getting the order to the market as fast as possible.

Both of these brokers use MT4. IronFX can offer more markets to trade. IronFX is regulated by the FCA in the United Kingdom, the ASIC in Australia, the CySEC in Cyprus and the FSCA in South Africa. Titan FX is regulated by the VFSC in Vanuatu.

Quick comparison

Titan FX is an ECN MT4 brokers. IronFX has a range of account types, including STP/ECN on MT4.

Minimum deposit and account types

The minimum deposit for IronFX is $100, but for STP/ECN trading it is $500. The minimum deposit for Titan FX is $200.

  • 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 manger, 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.
  • Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers markets analysis, economic news, self improvement articles for a 'Forex Lifestyle' and an economic calendar. Titan FX uses Equinix's NY4 Data Centre for fast order execution.
  • Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
  • Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).

Markets

  • IronFX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 200+ available.
  • Titan FX offers Forex, Indices, Energy and Precious Metals, with 70+ available.

Cryptocurrency CFDs

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

Spreads and leverage

  • 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.
  • Spreads at Titan FX are variable and are from 0.0 for EUR/USD with commissions (with an average of 0.2) and an average of 1.2 without, 1.6 for UK100, 0.2 for Gold and 0.06 for US Crude Oil.

Maximum leverage for IronFX (FCA regulated) is . Maximum leverage for IronFX (ASIC regulated) is 500:1 (but for STP/ECN it is 200:1). Maximum leverage for Titan FX is 500:1.

Commissions

  • IronFX's commission charges are from $6.75 per lot per side.
  • Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.

Platforms

Both brokers offer MT4 on desktop and apps and MT4 web traders.

Why IronFX or Titan FX ?

Titan FX is an MT4 ECN broker, offering trading in a core group of markets. IronFX can offer more markets on MT4 and has a range of account types, some STP/ECN, some not.

Comparison summary

  • Titan FX is an ECN broker, which provides high speed order execution and liquidity provider price aggregation
  • It offers a core group of markets, in common with other ECN brokers
  • IronFX provides both instant and market execution accounts
  • IronFX's market execution accounts are STP/ECN, that is they match client orders with a liquidity provider
  • IronFX's STP/ECN accounts do not requote (like Titan FX's accounts)
  • Both brokers support discretionary and automated trading
  • TitanFX uses Equinix infrastructure for high speed order transmission

Search this site

Translate