IronFX vs Trading 212 - Compare Trading Brokers

IronFX vs Trading 212 | Online Brokerage Comparison

IronFX vs Trading 212 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$100MT4200+FCA, CySEC, FSCA, ASIC
$100Web Trader & Apps1800+FCA, FSC

IronFX vs Trading 212 Comparison

IronFX is a MetaTrader 4 (MT4) broker with a range of account types based around the capabilities of this online trading platform, including STP/ECN accounts, supporting both automated and non-automated trading. Trading 212 has a web trading platform (and apps) which are designed for the trader who makes their own trading decisions.

Both brokers provide CFD trading (where a trader trades a market without owning it). However Trading 212 additionally provides an Invest account which has real Stocks and ETFs to buy to own (and sell).

IronFX charges commissions on some of its accounts for trading Forex. Both brokers have a relatively large number of Forex Pairs to trade. Trading 212 has considerably more markets overall to trade as its offers a large number of Stocks. However IronFX has a relatively large number of markets for an MT4 broker.

IronFX is regulated by the FCA in the United Kingdom, the CySEC in Cyprus, the FSCA in South Africa and the ASIC in Australia.

Trading 212 is regulated by the FCA in the United Kingdom and the FSC in Bulgaria.

Quick comparison

IronFX is an MT4 broker with a range of account types including STP/ECN. Trading 212 provides CFD accounts (like IronFX) but additionally offers real Stocks and ETFs on an Invest account.

Minimum deposit and key account features

The minimum deposit for IronFX is $100. The minimum deposit for Trading 212 to trade CFDs is $/€/£100 (the minimum deposit for the Invest account is $/€/£29).

  • 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 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.
  • Trading 212 has a CFD and an Invest account. Trading 212 provides Videos, News, Analysis and an Economic Calendar on its trading platform and its website.

Markets

  • IronFX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 200+ available.
  • Trading 212 offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities and ETFs, with 1800+ available. Trading 212 on the Invest account offers real Stocks and ETFs, with 1800+ available.

IronFX has 120+ Forex Pairs. Trading 212 has 150+ Forex Pairs.

Cryptocurrency CFDs

  • IronFX offers Bitcoin, Ethereum, Litecoin, Ripple and Cardano.
  • Trading 212 offers Bitcoin, Ethereum, Litecoin, Ripple, EOS, NEO, Monero and DASH.

Commissions

  • IronFX charges a Forex commission of $6.75 per lot per side on its STP/ECN Zero Spread Account.
  • Trading 212 does not charge commissions.

Leverage

Maximum leverage for IronFX (FCA or CySEC regulated) is . Maximum leverage for Trading 212 (FCA or FSC regulated) is .

Platforms

IronFX offers MT4 and apps. Trading 212 offers a web trader and apps.

Why IronFX or Trading 212 ?

Traders who want to trade with MT4's Expert Advisors (online trading robots) can do so IronFX. Traders who want to trade CFDs can do so at either broker. However traders who want to buy real Stocks and ETFs (not CFDs) can do so on Trading 212's Invest account. Neither broker charges commissions for trading Stocks CFDs (and Trading 212 does not charge a commissions for trading real Stocks either).

Comparison summary

  • Both brokers offer CFD trading
  • Trading 212 additionally provides real Stocks to own (and sell)
  • IronFX is an MT4 broker
  • IronFX allows MT4 Expert Advisors (EAs)
  • Trading 212 has considerably more markets than IronFX
  • IronFX has a relatively large number of markets for an MT4 broker

Search this site

Translate