Written by ForexBrokers.com
In this head to head comparison of Exness 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.
Exness and IronFX are two online brokers that have carved out their niches in the financial trading market. Founded in 2008, Exness has gained recognition with its regulatory framework, holding two Tier-1 licenses, which are highly trusted according to ForexBrokers.com. Additionally, it maintains three Tier-2 licenses, making it a solid choice for traders seeking reliable regulation. Exness is not publicly traded nor a bank, and holds a Trust Score of 81, categorizing it as a trusted broker.
IronFX, established in 2010, also operates under a strong regulatory backbone with three Tier-1 licenses, but lacks Tier-2 licenses. Although not listed on a stock exchange and not a bank, IronFX holds a slightly higher Trust Score of 83, positioning it as a trusted option for traders. Both brokers offer dependable regulatory compliance, yet their differences in Trust Scores and license counts offer traders varying degrees of confidence and choice.
| Feature |
Exness
|
IronFX
|
|---|---|---|
| Year Founded | 2008 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing the commissions and fees of online brokers Exness and IronFX, Exness stands out with a range of account types suited for different investors. Whether you choose between their two standard accounts or delve into their three professional accounts, pricing is flexible. For those interested in social copy trading, Exness also provides Social Standard and Social Pro accounts, each with tailored trading conditions. The costs associated with trading depend on the account type selected; notably, Exness’ two commission-based accounts boast lower spreads than their commission-free counterparts. Additionally, the Pro account offers the versatility of both instant and market execution methods.
IronFX, on the other hand, currently offers higher-than-average spreads, as seen with their Standard variable spread account with a typical spread of 1.8 pips. Their Zero fixed-spread account, despite beginning at zero, imposes a commission of $18 per lot, and spreads can widen to 3 pips overnight. In comparison, Exness provides competitive pricing with accounts like the Zero Spread, which charges a minimal commission of $0.05 per trade, offering market execution without leverage restrictions or stop-out limits. Meanwhile, the Raw account charges up to $7 per round turn lot, maintaining low spreads with optimal execution.
Both brokers have garnered a 4-star rating for commissions and fees; however, Exness is ranked higher at #38 out of 62 brokers by ForexBrokers.com, while IronFX trails at #47. This positioning suggests that Exness offers a more adaptable and cost-efficient pricing structure than IronFX, making it a potentially better choice for traders focused on reducing costs.
| Feature |
Exness
|
IronFX
|
|---|---|---|
| Minimum Deposit | $10 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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 Exness to IronFX in terms of available investment options, both online brokers provide a similar experience in forex trading, with both offering forex trading through CFDs or spot contracts. However, when it comes to the total number of tradeable symbols, IronFX takes the lead with 340 options, compared to Exness' 227 symbols. While IronFX offers fewer forex pairs (83) than Exness (96), both platforms fall short in providing access to exchange-traded securities on either U.S. or international exchanges, meaning users cannot directly purchase stocks like Apple or Vodafone.
Both Exness and IronFX enable copy trading, allowing users to replicate the trades of experienced investors. If your interest lies in cryptocurrency, neither platform offers the purchase of actual digital coins, but they do allow for trading cryptocurrency derivatives. In terms of ratings for their range of investments, both are evenly matched with a score of 3.5 stars. According to ForexBrokers.com, Exness is ranked 56th while IronFX stands slightly higher at 51st out of 62 brokers in this category.
| Feature |
Exness
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 340 |
| Forex Pairs (Total) | 96 | 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.
Exness and IronFX both provide traders with the opportunity to practice simulated trading through free virtual demo accounts, making them accessible to beginners eager to hone their skills. While both brokers offer Windows-based desktop platforms and web-based interfaces, Exness stands out for its in-house proprietary platform, whereas IronFX relies solely on third-party platforms. Both brokers cater to traders preferring MetaTrader 4 (MT4), but only Exness extends support to MetaTrader 5 (MT5), offering a more updated and comprehensive trading experience.
When it comes to charting tools, Exness offers a distinctive edge with 87 drawing tools compared to IronFX’s 15, providing more capabilities for technical analysis enthusiasts. Both brokers enable direct trading from stock charts and maintain equal watch list functionalities with seven columns each. Despite not offering specialized platforms like DupliTrade or ZuluTrade, Exness achieves a stronger rating of four stars for its trading platforms and tools, surpassing IronFX’s 3.5 stars. Overall, Exness ranks higher among 62 brokers, securing the 31st position in trading platforms and tools, while IronFX ranks at 60th.
| Feature |
Exness
|
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) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Exness and IronFX, both platforms provide apps for iPhone and Android, ensuring accessibility no matter your device preference. Each app offers stock and forex price alerts, allowing users to stay updated on market movements. While both platforms lack watchlist symbol syncing, meaning changes made in mobile won't automatically update online accounts, they offer capabilities like drawing trendlines and viewing charts in multiple time frames. Exness stands out with 35 technical studies for charting compared to IronFX's 30, catering to traders who rely on detailed analysis.
Both Exness and IronFX allow for creating watchlists with real-time quotes, though IronFX has the edge by automatically saving chart drawings, a feature Exness lacks. In terms of user ratings, Exness scores slightly higher with a 4-star rating against IronFX's 3.5 stars. Ranking-wise, Exness holds the #32 spot out of 62 brokers on ForexBrokers.com for its mobile app, whereas IronFX ranks at #61. This suggests that while both brokers have solid offerings, Exness provides a slightly more polished mobile trading experience.
| Feature |
Exness
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 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.
Exness and IronFX both provide traders with daily market commentary and access to forex news from reputable sources such as Bloomberg and Reuters, assuring traders stay informed with reliable information. In terms of analysis tools, both brokers offer resources from Trading Central, enabling users to conduct in-depth market evaluations. However, Exness takes it a step further with a sentiment-based trading tool, offering insights into market participants' positions across various currency pairs. Meanwhile, neither Exness nor IronFX provides tools from Autochartist, TipRanks, or Acuity Trading, and they both feature an economic calendar for broader market awareness.
When it comes to ratings, Exness and IronFX showcase notable differences. Exness holds a research rating of 3.5 stars, while IronFX is slightly ahead with 4 stars. According to ForexBrokers.com, Exness is ranked at #41 out of 62 brokers for research capabilities, whereas IronFX stands at #28. These rankings highlight IronFX's stronger position in research offerings, appealing to those prioritizing comprehensive market analysis tools and insights. Nonetheless, both platforms offer a range of resources to facilitate informed trading decisions.
| Feature |
Exness
|
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 for beginners from Exness and IronFX, both brokers demonstrate a strong commitment to providing essential forex and CFD education. Each platform offers a comprehensive collection of over 10 educational materials, which includes articles, videos, and archived webinars focusing on forex and CFDs. Additionally, both brokers provide a searchable archive of recorded webinars to help users learn at their own pace. New traders will find value as Exness and IronFX both offer more than 10 beginner-friendly videos, although neither broker hosts ongoing monthly webinars or provides advanced educational content designed for experienced traders.
For those who wish to expand their financial vocabulary, both Exness and IronFX supply an investor dictionary with over 50 investing terms, making it easier for beginners to grasp complex trading concepts. Despite the similarities in their educational offerings, IronFX inches ahead with a slightly higher educational rating of 4 stars, compared to Exness's 3.5 stars. According to ForexBrokers.com rankings, IronFX also ranks higher in the Education category overall, positioned at #44 out of 62 brokers, whereas Exness stands at #47.
| Feature |
Exness
|
IronFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 Exness is better than IronFX. Exness finished with an overall rank of #43, while IronFX finished with an overall rank of #48.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
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IronFX
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|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 83 |
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Both Exness and IronFX allow for trading in cryptocurrency derivatives but neither provides the option to purchase actual delivered cryptocurrency.
Both online brokers Exness and IronFX provide Skrill, Visa or Mastercard, and bank wires as deposit or withdrawal options, but neither supports ACH, SEPA transfers, or PayPal.
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 | Exness | IronFX | |
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| Trust Score | 81 | 83 | |
| Winner | check_circle | ||
| Review | Exness Review |
| Broker Screenshots | Exness | IronFX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Exness | IronFX | |
|---|---|---|---|
| Trust Score | 81 | 83 | |
| Year Founded | 2008 | 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 | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | IronFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | Yes | 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) | Exness | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | 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) | Yes | No |
| Investments | Exness | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 340 | |
| Forex Pairs (Total) | 96 | 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 | Exness | IronFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | IronFX | |
|---|---|---|---|
| Minimum Deposit | $10 | $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 | No | No |
| Trading Platforms | Exness | 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 | Exness | IronFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | IronFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 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 | Exness | 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 | Exness | IronFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Exness | 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 | Exness Review |
| Overall | Exness | IronFX | |
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| Trust Score | 81 | 83 | |
| Winner | check_circle | ||
| Review | Exness Review |
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