| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| IronFX | $50 Minimum Deposit | MT4 Trading Platforms | 200+ Markets To Trade | IronFX provides trading on MT4 with a wide range of account types for this platform, including fixed Forex spreads and a Cent account and offers social and copy trading About |
| Trading 212 | $1 Minimum Deposit | Trading 212 Platform Trading Platforms | 10,000+ Markets To Trade | Trading 212 offers a user friendly platform with 10,000+ real Stocks and ETFs (and CFDs to trade) and has a minimum deposit from $1 About |
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.
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 $50. The minimum deposit for Trading 212 to trade CFDs is $/€/£10 (the minimum deposit for the Invest account is $/€/£1).
- 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.
- 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 2,500+ available. Trading 212 on the Invest account offers real Stocks and ETFs, with 10,000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| Trading 212 Broker | Trading 212 Platform Trading Platforms | Trading 212 provides 10,000+ real Stocks and CFDs to invest (and CFDs to trade) on a user friendly platform with a low minimum deposit What It Does |
| IronFX Broker | MT4 Trading Platforms | IronFX offers trading on MT4 (and provides social and copy trading platforms), with a wide range of account types for this platform, including fixed spreads, STP/ECN and a Cent account What It Does |
Cryptocurrency CFDs
- IronFX offers Bitcoin, Ethereum, Litecoin, Ripple, EOS, Cardano, Bitcoin Cash, Dogecoin, Polkadot, Stellar, Uniswap, Iota, Ethereum Classic, Solana, Tron, OmiseGO, Internet Computer Protocol and IOST CFDs.
- Trading 212 offers Bitcoin, Ethereum, Litecoin, Ripple, EOS, NEO, Monero and Dash CFDs.
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.
Online trading 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). Those who want to social and copy trade, can do so at IronFX.
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 provides social and copy trading platforms
- Trading 212 has a minimum deposit from $1
