Written by ForexBrokers.com
Is easyMarkets better than IronFX? In our analysis of 23 international regulators across 39 of the best forex brokers, easyMarkets is considered average-risk, with an overall Trust Score of 84 out of 99. IronFX is considered average-risk, with an overall Trust Score of 84 out of 99. Learn more about Trust Score.
| Overall Rating | easyMarkets | IronFX | IG |
|---|---|---|---|
| Overall Rating | |||
| Commissions & Fees | |||
| Offering of Investments | |||
| Platform & Tools | |||
| Mobile Trading | |||
| Research | |||
| Education | |||
| Trust Score | 84 | 84 | 99 |
| Winner | check_circle | ||
| Review | easyMarkets Review | IG Review |
| Regulation | easyMarkets | IronFX | IG |
|---|---|---|---|
| Trust Score | 84 | 84 | 99 |
| Year Founded | 2001 | 2010 | 1974 |
| Publicly Traded (Listed) | No | No | Yes |
| Bank | No | No | Yes |
| Tier-1 Licenses | 1 | 2 | 7 |
| Tier-2 Licenses | 1 | 1 | 2 |
| Tier-3 Licenses | 1 | 1 | 1 |
| Authorised in European Union | Yes | Yes | Yes |
| About Regulation | A “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score. | A “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score. | A “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score. |
| Tier-1 Licenses (High Trust) | easyMarkets | IronFX | IG |
|---|---|---|---|
| ASIC Authorised (Australia) | Yes | Yes | Yes |
| IIROC Authorised (Canada) | No | No | No |
| SFC Authorised (Hong Kong) | No | No | No |
| CBI Authorised (Ireland) | No | No | No |
| FSA Authorised (Japan) | No | No | Yes |
| MAS Authorised (Singapore) | No | No | Yes |
| FINMA Authorised (Switzerland) | No | No | Yes |
| FCA Authorised (U.K.) | No | Yes | Yes |
| CFTC Registered (USA) | No | No | Yes |
| FMA Authorised (New Zealand) | No | No | Yes |
| Tier-2 Licenses (Average Trust) | easyMarkets | IronFX | IG |
|---|---|---|---|
| CBRC Authorised (China) | No | No | No |
| CySEC Authorised (Cyprus) | Yes | Yes | No |
| SEBI Authorised (India) | No | No | No |
| ISA Authorised (Israel) | No | No | No |
| CBR Authorised (Russia) | No | No | No |
| FSCA Authorised (South Africa) | No | No | Yes |
| SEC Authorised (Thailand) | No | No | No |
| DFSA / Central Bank Authorised (UAE) | No | No | Yes |
| Tier-3 Licenses (Low Trust) | easyMarkets | IronFX | IG |
|---|---|---|---|
| SCB Authorised (Bahamas) | No | No | No |
| IFSC Authorised (Belize) | No | No | No |
| CIMA Authorised (Cayman Islands) | No | No | No |
| BMA Authorised (Bermuda) | No | Yes | Yes |
| FSC Authorised (British Virgin Islands) | Yes | No | No |
| FSC Authorised (Mauritius) | No | No | No |
| VFSC Authorised (Vanuatu) | No | No | No |
| Investments | easyMarkets | IronFX | IG |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | Yes |
| Tradeable Symbols (Total) | 199 | 340 | 19537 |
| Forex Pairs (Total) | 62 | 83 | 100 |
| U.S. Stock Trading (Non CFD) | No | No | Yes |
| Int'l Stock Trading (Non CFD) | No | No | Yes |
| Social Trading / Copy Trading | Yes | Yes | Yes |
| Cryptocurrency (Physical) | No | No | No |
| Cryptocurrency (CFD) | Yes | 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). | 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 | IG |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 (as of Mar 2020) | 1.2 | 0.86 (September 2022) |
| All-in Cost EUR/USD - Active | 0.9 (as of Mar 2020) | -1 | 0.5957 (September 2022) |
| Active Trader or VIP Discounts | Yes | Yes | Yes |
| Execution: Agency Broker | No | Yes | Yes |
| Execution: Market Maker | Yes | Yes | Yes |
| Funding | easyMarkets | IronFX | IG |
|---|---|---|---|
| Minimum Initial Deposit | $100 | $50 | £250.00 |
| PayPal (Deposit/Withdraw) | No | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | No | Yes | Yes |
| Trading Platforms | easyMarkets | IronFX | IG |
|---|---|---|---|
| Proprietary Platform | Yes | No | Yes |
| Desktop Platform (Windows) | Yes | Yes | Yes |
| Web Platform | Yes | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes | Yes |
| MetaTrader 5 (MT5) | No | No | No |
| cTrader | No | No | No |
| DupliTrade | No | No | No |
| ZuluTrade | No | No | No |
| Trading Tools | easyMarkets | IronFX | IG |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | Yes |
| Alerts - Basic Fields | No | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 | 14 |
| Charting - Indicators / Studies (Total) | (default MT4) | 30 | 33 |
| Charting - Drawing Tools (Total) | (default MT4) | 15 | 20 |
| Charting - Trade From Chart | Yes | Yes | Yes |
| Charts can be saved | Yes | Yes | Yes |
| Mobile Trading | easyMarkets | IronFX | IG |
|---|---|---|---|
| Android App | Yes | Yes | Yes |
| Apple iOS App | Yes | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes | Yes |
| Mobile Watchlist | Yes | Yes | Yes |
| Watchlist Syncing | Yes | No | Yes |
| Mobile Charting - Indicators / Studies | 81 | 30 | 33 |
| Mobile Charting - Draw Trendlines | Yes | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes | Yes |
| Forex Calendar | Yes | Yes | Yes |
| Research | easyMarkets | IronFX | IG |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Autochartist | No | No | Yes |
| Trading Central (Recognia) | Yes | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No | Yes |
| Economic Calendar | Yes | Yes | Yes |
| Education | easyMarkets | IronFX | IG |
|---|---|---|---|
| Has Education - Forex or CFDs | Yes | Yes | Yes |
| Client Webinars | No | No | Yes |
| Client Webinars (Archived) | No | Yes | Yes |
| Videos - Beginner Trading Videos | No | Yes | Yes |
| Videos - Advanced Trading Videos | No | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes | Yes |
| Major Forex Pairs | easyMarkets | IronFX | IG |
|---|---|---|---|
| GBP/USD | Yes | Yes | Yes |
| USD/JPY | Yes | Yes | Yes |
| EUR/USD | Yes | Yes | Yes |
| USD/CHF | Yes | Yes | Yes |
| USD/CAD | Yes | Yes | Yes |
| NZD/USD | Yes | Yes | Yes |
| AUD/USD | Yes | Yes | Yes |
| Review | easyMarkets Review | IG Review |
| Overall | easyMarkets | IronFX | IG |
|---|---|---|---|
| Overall Rating | |||
| Commissions & Fees | |||
| Offering of Investments | |||
| Platform & Tools | |||
| Mobile Trading | |||
| Research | |||
| Education | |||
| Trust Score | 84 | 84 | 99 |
| Winner | check_circle | ||
| Review | easyMarkets Review | IG Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare easyMarkets vs IronFX.
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG offers better pricing overall for traders.
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. IronFX holds 2 global Tier-1 licenses, while easyMarkets holds 1. Both easyMarkets and IronFX hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, easyMarkets and IronFX earned the same Trust Score.
To compare the trading platforms of both easyMarkets and IronFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both easyMarkets and IronFX offer MetaTrader 4 (MT4).easyMarkets and IronFX both offer copy trading.
IronFX provides traders 83 currency pairs (e.g., EUR/USD) compared to easyMarkets's 62 available pairs. Forex pairs aside, IronFX offers traders access to 340 CFDs while easyMarkets has 199 available CFDs, a difference of 141.
easyMarkets is not publicly traded and does not operate a bank. easyMarkets is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulators (low trust). easyMarkets is authorised by the following tier-1 regulator: Australian Securities & Investment Commission (ASIC).
IronFX is not publicly traded and does not operate a bank. IronFX is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). IronFX is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, easyMarkets is pricey, offers only a small selection of tradeable products, and lacks market research.
IronFX is a MetaTrader-only broker that has worked hard to rebuild its trust factor by securing additional regulatory licenses, as well as taking action to improve the brand's offerings. Spreads at IronFX are higher than the industry average, but the broker has done a nice job putting together some decent educational materials for beginners.
Overall winner: IG
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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