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 on commissions and fees, easyMarkets offers fixed spreads of 0.8 pips for EUR/USD on its proprietary platform and TradingView. However, if using MT4, the Standard account has spreads of 1.7 pips, which are considerably more expensive. Fortunately, the VIP account on MT4 reduces the spread to 0.7 pips, while MT5 provides a variable spread starting from 0.7 pips. With a rating of 3.5 stars on commissions and fees, easyMarkets is ranked 52nd out of 63 brokers by ForexBrokers.com.
IronFX's pricing is frequently higher than the industry average, with a typical spread of 1.8 pips for its Standard variable spread account. However, specific details on the date range for these spreads are not provided, and they can vary across different account types. The zero fixed-spread account starts at zero but includes a $18 per lot commission, while overnight spreads can widen to 3 pips. For commissions and fees, IronFX holds a rating of 4 stars and is ranked 46th out of 63 brokers by ForexBrokers.com.
| 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 available range of investments, both brokers offer forex trading through CFDs and spot contracts. easyMarkets provides access to 230 tradeable symbols, including 63 forex pairs, while IronFX offers a slightly wider selection with 340 tradeable symbols and 83 forex pairs. Neither platform provides access to exchange-traded securities on the U.S. or international exchanges, meaning clients cannot directly purchase stocks like Apple or Vodafone. However, both brokers do support copy trading features.
In the realm of cryptocurrency, easyMarkets and IronFX allow clients to engage with cryptocurrency derivatives, but not the actual cryptocurrencies themselves. Despite these similarities, their offerings have been rated equally at 3.5 stars for Range of Investments. Interestingly, IronFX is slightly ahead in rankings by ForexBrokers.com, placed at #51, while easyMarkets follows at #54 out of 63 brokers, indicating comparable but nuanced differences in their investment range offerings.
| 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 comparing the trading platforms and tools offered by easyMarkets and IronFX, both brokers provide their users with free virtual demo accounts, enabling traders to practice and refine their strategies without risk. easyMarkets stands out with its in-house developed proprietary platform, providing unique features customized for its users, whereas IronFX relies on third-party platforms. Both brokers offer Windows-based desktop and web-based trading platforms, alongside the popular MetaTrader 4. However, easyMarkets extends its offering with MetaTrader 5, while IronFX does not. As for copy trading, both brokers facilitate this function, though neither supports DupliTrade or ZuluTrade.
easyMarkets further distinguishes itself with a greater variety of tools, providing 30 drawing tools for charting, compared to IronFX's 15. Traders can execute trades directly from stock charts on both platforms, but easyMarkets offers more detailed watch lists with 8 columns compared to IronFX's 7. Reflecting on user satisfaction, easyMarkets achieves a higher rating of 4 stars for its trading platforms and tools, versus IronFX's 3.5 stars. According to ForexBrokers.com, easyMarkets ranks #35 out of 63 brokers in this category, significantly outperforming IronFX, which ranks at #61, demonstrating a more competitive edge in trading technology.
| 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.
When it comes to mobile trading apps, both easyMarkets and IronFX have developed applications for both iPhone and Android users, ensuring accessibility for a wide range of traders. A notable distinction lies in their stock or forex price alerts feature—easyMarkets does not offer this while IronFX does, providing an edge for traders who rely on timely notifications. However, ease of use is a strong point for easyMarkets, especially with its capability to sync watchlists between its mobile app and online account, a feature that IronFX lacks. Considering the technical analysis tools available, easyMarkets also outshines IronFX by offering 81 technical studies in comparison to IronFX's 30.
Both brokers allow users to draw trendlines and view multiple time frames on their charts, yet IronFX has the advantage of auto-saving drawings—a feature not found with easyMarkets. When it comes to creating watchlists with real-time quotes, both platforms meet the mark well. easyMarkets has garnered a slightly higher user rating of 4 stars compared to IronFX’s 3.5 stars, reflecting a more favorable user experience overall. Reflecting broader industry assessments, easyMarkets is ranked #30 out of 63 brokers by ForexBrokers.com for its mobile trading apps, while IronFX lags behind at #62. These comparisons highlight easyMarkets as the more versatile choice for those seeking comprehensive features and a more integrated trading experience on mobile devices.
| 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 easyMarkets and IronFX for their market research offerings, both brokers provide substantial resources for traders seeking informed decision-making. They each deliver daily market commentary and forex news sourced from top-tier providers such as Bloomberg and Reuters, ensuring access to high-quality information. Additionally, both platforms integrate Trading Central, offering essential tools for technical and fundamental analysis, although neither leverages Autochartist for these functions. However, a distinct difference appears in their use of sentiment-based trading tools; easyMarkets provides a tool that highlights long and short position ratios across various instruments, a feature not available with IronFX.
An economic calendar is a staple in both brokers’ research toolkits, listing significant global events that could affect financial markets. Despite offering similar resources, IronFX edges out easyMarkets with a higher research rating of 4 stars compared to easyMarkets' 3.5 stars. This difference is reflected in their rankings by ForexBrokers.com, where IronFX is positioned at #28 out of 63 brokers, while easyMarkets falls further down the list at #43. Neither broker incorporates market research tools from TipRanks or Acuity Trading, indicating room for enhancement in these areas.
| 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 easyMarkets and IronFX in terms of educational resources for beginners, both online brokers provide a good selection of materials focusing on forex and CFDs education. They each offer a minimum of 10 educational pieces, including articles, videos, and archived webinars. easyMarkets excels with monthly online educational webinars and a searchable archive of these sessions, adding significant value for learners who prefer interactive learning experiences. IronFX, while lacking in live webinars, does provide a searchable archive of previously recorded webinars, making it relatively easy for beginners to access content on demand.
For visual learners, both brokers offer at least 10 beginner-focused educational videos. However, easyMarkets takes the lead with a wider range of advanced trading videos, catering to those looking to deepen their trading knowledge over time. Both easyMarkets and IronFX provide an investor dictionary with more than 50 definitions, but when it comes to educational ratings, IronFX slightly outperforms easyMarkets with a higher education rating of 4 stars compared to easyMarkets' 3.5 stars. Nonetheless, it's noteworthy that easyMarkets ranks slightly higher than IronFX in the education category according to ForexBrokers.com. This suggests that easyMarkets offers a somewhat broader set of educational tools and learning opportunities for both new and seasoned traders.
| 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 63 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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