Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
---|---|---|---|---|
IronFX | $50 Minimum Deposit | MT4 Trading Platform | 200+ Markets To Trade | IronFX provides MT4, a Cent account and both fixed and variable spreads About |
Titan FX | $200 Minimum Deposit | MT4, MT5 Trading Platforms | 220+ Markets To Trade | Titan FX offers trading on both MT4 and MT5 with rapid order processing About |
IronFX and Titan FX Comparison
Both of these brokers use MT4, however Titan FX additionally provides MT5. IronFX can offer more markets to trade. 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 accounts may. On the other hand IronFX's 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.
Quick comparison
Titan FX is an ECN MT4 and MT5 broker. IronFX has a range of account types, including STP/ECN on MT4.
Minimum deposit and account types
The minimum deposit for IronFX is $50. The minimum deposit for Titan FX is $200.
- 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.
- 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 market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports signal trading via MetaTrader.
- 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, Soft Commodities and Stocks, with 200+ available.
- Titan FX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities and Stocks, with 220+ available.
Broker | Trading Platforms | Description |
---|---|---|
Titan FX Broker | MT4, MT5 Trading Platforms | Titan FX offers both MT4 and MT5, offering rapid order processing for strategies such as automated trading, scalping and high volume trading Description |
IronFX Broker | MT4 Trading Platforms | IronFX provides MT4, a Cent account and both fixed and variable spreads Description |
Cryptocurrency CFDs
- IronFX offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Polkadot, EOS, Cardano, Dogecoin, Uniswap, Iota, Ethereum Classic, Solana, Tron, OmiseGO, Internet Computer Protocol and IOST CFDs.
- Titan FX offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Polkadot, EOS and Chainlink CFDs.
Spreads and leverage
Both brokers can offer Forex spreads from 0 plus a commission charge. IronFX can additionally provide Forex spreads from 0 (variable) and 1.6 (fixed) without a commission charge. Titan FX can additionally offers Forex spreads from 1 (variable) without a commission charge.
Maximum leverage for IronFX is 1000:1, but maximum leverage for its STP/ECN accounts is 200:1. Maximum leverage for Titan FX is 1000:1.
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.
Online trading platforms
Both offer MT4. Titan FX additionally provides MT5.
Why IronFX or Titan FX ?
Traders who want to trade on MetaTrader 4 (MT4) can do so at either broker. Traders who want to trade on MetaTrader 5 (MT5), can find this platform at Titan FX. Traders can trade on a range of account types at IronFX, supporting different kinds of spreads and types of trading from automated to non-automated. Traders who trade with online trading robots may be interested in Titan FX's high speed order processing.
Comparison summary
- Both provide CFD trading
- Each offers MT4
- Titan FX additionally provides MT5
- IronFX has a range of account types including fixed and variable spreads
- Titan FX is an ECN broker
- IronFX offers a Cent account