Written by ForexBrokers.com
In this head to head comparison of easyMarkets vs IronFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing easyMarkets and IronFX, both established and private brokers, they show distinct differences in their regulatory standings and Trust Score ratings. Founded in 2001, easyMarkets holds two Tier-1 licenses and one Tier-2 license, reflecting a solid regulatory foundation. With a Trust Score of 84 from ForexBrokers.com, easyMarkets is considered a trusted broker. In contrast, IronFX, which began operations in 2010, holds three Tier-1 licenses but lacks Tier-2 licenses, earning a slightly lower Trust Score of 83. Both companies are not publicly traded and do not operate as banks.
The Trust Score ratings from ForexBrokers.com indicate that while easyMarkets and IronFX are both trusted brokers, easyMarkets holds a minor advantage in perceived safety due to its additional Tier-2 license. These scores, paired with their respective regulatory licenses, offer potential clients insight into the reliability and trustworthiness of each broker within the financial market landscape.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Year Founded | 2001 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing easyMarkets and IronFX, the key differences in their commission structures and fee schedules become apparent. easyMarkets offers fixed spreads of 0.8 pips for EUR/USD when trading on their platform and TradingView. However, using MT4 can be more costly, with spreads at 1.7 pips for the Standard account and dropping to 0.7 pips for the VIP account. For MT5 users, the spreads are variable and begin at 0.7 pips. Overall, easyMarkets has received a rating of 3.5 stars for its commissions and fees.
IronFX, on the other hand, exhibits less competitive pricing, with typical variable spreads for the Standard account recorded at 1.8 pips. Additionally, they offer a zero fixed-spread account that starts at no spread but includes an $18 per lot commission. Overnight spreads can widen to 3 pips. Despite this, IronFX has garnered a slightly higher rating of 4 stars for its commissions and fees.
In terms of industry rankings, easyMarkets holds the 51st position out of 62 brokers in the Commissions and Fees category on ForexBrokers.com. IronFX is ranked slightly better at 47th place. While both brokers offer unique cost structures, potential clients should carefully consider these differences relative to their trading needs and strategies.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Minimum Deposit | $25 | $50 |
| Average Spread EUR/USD - Standard | 0.8 | 1.2 |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing easyMarkets and IronFX in terms of their range of investments, both brokers offer forex trading as CFDs or spot contracts, allowing traders to dive into the forex market with ease. IronFX stands out with 340 tradeable symbols compared to the 230 offered by easyMarkets. For those specifically interested in forex pairs, IronFX presents 83 options, while easyMarkets provides access to 63 pairs, giving IronFX a slight edge in variety.
Neither broker allows the purchase of exchange-traded securities on U.S. or international exchanges, which includes shares like Apple or Vodafone. However, both easyMarkets and IronFX offer copy trading as a feature. When it comes to cryptocurrencies, traders can buy derivatives, but not actual delivered cryptocurrencies. Despite some differences, both platforms are evenly rated at 3.5 stars for their range of investments, though IronFX narrowly outranks easyMarkets in the ForexBrokers.com ranking, coming in at #51 out of 62 brokers compared to easyMarkets' position at #54.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 230 | 340 |
| Forex Pairs (Total) | 63 | 83 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When evaluating trading platforms and tools offered by easyMarkets and IronFX, there are several factors to consider. Both brokers provide simulated trading through free virtual demo accounts, a valuable feature for beginners. easyMarkets distinguishes itself with a proprietary platform developed in-house, whereas IronFX does not offer a unique platform. Both brokers cater to Windows users with desktop download platforms and have web-based options for flexible trading. They support popular MetaTrader 4, but easyMarkets also offers MetaTrader 5, adding an extra layer of choice for traders seeking advanced features. Both platforms allow for copy trading, which can be beneficial for those looking to mirror successful trades. However, neither broker supports DupliTrade or ZuluTrade, potentially limiting third-party social trading options.
In terms of charting and visualization, easyMarkets provides a slightly greater variety with 30 drawing tools compared to IronFX’s 15. Both brokers allow for direct trading from stock charts, which can streamline the trading process. easyMarkets also leads with more comprehensive watch lists, offering 8 columns compared to the 7 from IronFX. In terms of ratings, easyMarkets scores a commendable 4 stars for their trading platforms and tools, while IronFX follows closely with 3.5 stars. In rankings by ForexBrokers.com, easyMarkets fares better, positioned at #35 out of 62 brokers, while IronFX sits at #60. This comparison suggests that easyMarkets might offer more comprehensive options for those seeking diverse and flexible trading tools.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
For those considering mobile trading apps, easyMarkets and IronFX both provide offerings for iPhone and Android users. easyMarkets sets itself apart with an extensive selection of 81 technical studies for chart analysis, compared to IronFX's 30. Clients using easyMarkets can have the convenience of watchlist symbol syncing, ensuring their app is always in harmony with their online account, a feature not available with IronFX. On the flip side, IronFX users will benefit from automated saving of chart drawings and the ability to receive stock and forex price alerts, features that easyMarkets does not provide.
Both apps allow traders to draw trendlines and view charts across multiple time frames, such as daily or intraday. easyMarkets enables real-time quote watchlists and receives a slightly higher user rating of 4 out of 5 stars, compared to IronFX's 3.5-star rating. This higher rating reflects easyMarkets' ranking at 29th in ForexBrokers.com's list for mobile trading apps, significantly better than IronFX, which sits at 61st. These aspects highlight the strengths and weaknesses of each platform, helping potential users make an informed choice based on their individual trading needs.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 81 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of easyMarkets and IronFX, both brokers provide daily market commentary and access to high-quality forex news from renowned sources like Bloomberg and Reuters. Both platforms also incorporate Trading Central tools, providing traders with valuable technical insights. However, an advantage of easyMarkets over IronFX is its sentiment-based trading tool, which helps traders gauge market trends by showing the ratio of long and short positions across various instruments.
Despite having similar tools in several areas, IronFX is rated slightly higher for research, with a 4-star rating compared to easyMarkets' 3.5 stars. Additionally, IronFX is ranked more favorably at #28 compared to easyMarkets' #43 out of 62 brokers in the research category according to ForexBrokers.com. Both platforms offer essential tools like economic calendars, though neither provides insights from Autochartist, TipRanks, or Acuity Trading. This comparison highlights IronFX's superior research rating and ranking, though easyMarkets brings added value with its sentiment tools.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners, easyMarkets and IronFX both provide valuable opportunities for learning about forex and CFDs. Both brokers offer more than 10 educational pieces, including articles and videos, to help new traders get started. While IronFX maintains a higher education rating of 4 stars compared to easyMarkets’ 3.5 stars, easyMarkets excels with its monthly educational webinars, a feature that IronFX lacks. Additionally, both brokers have searchable archives of recorded webinars, allowing users to learn at their own pace.
In terms of educational videos, easyMarkets offers a comprehensive selection for both beginners and advanced traders. While IronFX meets the needs of beginner traders with at least 10 introductory videos, it falls short for more experienced traders, as it does not offer advanced video content. Both brokers include investor dictionaries with over 50 terms, aiding new traders in understanding industry jargon. Despite its higher star rating, IronFX ranks slightly lower at #44 compared to easyMarkets’ ranking of #39 in the education category according to ForexBrokers.com.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that easyMarkets is better than IronFX. easyMarkets finished with an overall rank of #42, while IronFX finished with an overall rank of #48.
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, its web platform is a bit dated and it offers a below-average selection of tradeable products.
| Feature |
easyMarkets
|
IronFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 83 |
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Both easyMarkets and IronFX do not provide options for purchasing actual cryptocurrencies (delivered), but they do offer cryptocurrency derivatives for trading.
While both easyMarkets and IronFX provide options for depositing or withdrawing funds via Skrill, Visa or Mastercard, and bank wires, easyMarkets stands out by also offering ACH or SEPA transfers, a feature not available with IronFX, and neither platform supports PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | easyMarkets | IronFX | |
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| Trust Score | 84 | 83 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
| Broker Screenshots | easyMarkets | IronFX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | easyMarkets | IronFX | |
|---|---|---|---|
| Trust Score | 84 | 83 | |
| Year Founded | 2001 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | easyMarkets | IronFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | easyMarkets | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | easyMarkets | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 230 | 340 | |
| Forex Pairs (Total) | 63 | 83 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | easyMarkets | IronFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | easyMarkets | IronFX | |
|---|---|---|---|
| Minimum Deposit | $25 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | easyMarkets | IronFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | easyMarkets | IronFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | easyMarkets | IronFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 81 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | easyMarkets | IronFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | easyMarkets | IronFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | easyMarkets | IronFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | easyMarkets Review |
| Overall | easyMarkets | IronFX | |
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| Trust Score | 84 | 83 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
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