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eToro vs IronFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of eToro vs IronFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50-$10,000
  • Trust Score: 96
  • Tradeable Symbols (Total): 7441
IronFX
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 83
  • Tradeable Symbols (Total): 340

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.

Regulation

eToro and IronFX are well-known online brokers with different profiles. eToro was founded in 2007 and is publicly traded, while IronFX started in 2010 and is not listed. Neither company is a bank.

Regulatory information: eToro holds 4 Tier-1 licenses and 1 Tier-2 license; IronFX holds 3 Tier-1 licenses and no Tier-2 licenses. According to ForexBrokers.com, eToro’s Trust Score is 96/99 (highly trusted, 90–99), while IronFX scores 83/99 (trusted, 80–89). Both are regulated, with eToro earning a higher trust rating and carrying more top-tier approvals.

Feature eToro logoeToro
IronFX logoIronFX
Year Founded info 2007 2010
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 3
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, eToro earns 4.5/5 stars and ranks 23rd out of 63 brokers for this category on ForexBrokers.com, while IronFX scores 4/5 stars and ranks 47th out of 63. Both list spreads that sit above the industry average, but they approach pricing differently, which can matter depending on how you trade.

eToro is a market-maker and lists a typical variable spread of 1 pip on EUR/USD, slightly higher than average. Many retail traders choose eToro for its social copy trading tools rather than ultra-tight spreads. For larger balances, the eToro Club VIP program (Silver to Diamond for $5,000–$250,000) can add value with perks such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.

IronFX’s pricing also trends higher than average: its Standard variable account lists a typical 1.8-pip spread (no date range provided and spreads vary by account). The zero fixed-spread account can start at 0 pips but carries a $18 per lot commission, and spreads widen to 3 pips overnight. Traders weighing eToro vs. IronFX should consider whether they prefer a simple spread-only model and VIP benefits (eToro, 4.5/5, #23/63) or the option for commission-based pricing with overnight widening (IronFX, 4/5, #47/63).

Feature eToro logoeToro
IronFX logoIronFX
Minimum Deposit info $50-$10,000 $50
Average Spread EUR/USD - Standard info 1 info 1.2
All-in Cost EUR/USD - Active info N/A N/A
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

eToro and IronFX both let you trade forex as CFDs or spot, but their overall market lineups differ. eToro lists 7,441 tradeable symbols, far more than IronFX’s 340. That said, IronFX features more currency pairs (83 vs. eToro’s 55), which may appeal to dedicated forex traders.

If you want stocks and crypto variety, eToro stands out. It offers real, exchange-traded shares on U.S. and international markets, while IronFX does not offer exchange-traded securities. Both brokers support copy trading. For digital assets, eToro lets you buy actual cryptocurrencies as well as crypto derivatives; IronFX offers only crypto derivatives. Reflecting this breadth, ForexBrokers.com rates eToro 5 stars for Range of Investments and ranks it #11 out of 63 brokers, while IronFX earns 3.5 stars and ranks #52.

Feature eToro logoeToro
IronFX logoIronFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 340
Forex Pairs (Total) info 55 83
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

Comparing eToro vs IronFX on trading platforms and tools: both brokers provide free demo (paper) accounts and easy-to-use web platforms, plus the ability to place trades directly from charts. eToro offers its own proprietary platform but does not provide a Windows desktop download, nor does it support MT4 or MT5. IronFX does not have an in-house platform, but it does offer a Windows desktop platform via MetaTrader 4 (MT4). Neither broker supports MT5, DupliTrade, or ZuluTrade. Both support copy trading.

For charting, the number of built-in technical indicators isn’t specified for either broker, but eToro lists 73 drawing tools compared with 15 at IronFX. Watchlists include 6 fields on eToro and 7 on IronFX. According to ForexBrokers.com, eToro earns 4.5 stars and ranks #8 out of 63 brokers for Trading Platforms and Tools, while IronFX earns 3.5 stars and ranks #62.

Feature eToro logoeToro
IronFX logoIronFX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 106 30
Charting - Drawing Tools (Total) info 73 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 6 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both eToro and IronFX offer iPhone and Android mobile trading apps with real-time watchlists, price alerts, and multiple chart time frames for stocks and forex. eToro stands out for watchlist syncing between the mobile app and the web platform, so changes carry over across devices, while IronFX does not sync. For charting, eToro provides 104 technical studies compared with IronFX’s 30, giving indicator-focused traders more depth on mobile.

IronFX has an edge in drawing tools, supporting trendlines and auto-saving chart drawings, features eToro’s app does not include. In overall app quality, eToro earns 4.5 stars and ranks #10 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while IronFX holds 3.5 stars and ranks #63. If you value extensive indicators and synced watchlists, eToro is the stronger pick; if you need mobile trendline drawing with auto-save, IronFX may suit you.

Feature eToro logoeToro
IronFX logoIronFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

eToro and IronFX both deliver daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker also includes Trading Central research and an economic calendar that highlights upcoming global events. Neither platform offers Autochartist tools.

Where they differ: eToro adds a handy sentiment tool that shows the share of long vs. short positions, and it also provides research from TipRanks. IronFX does not offer a sentiment tool and does not list TipRanks or Acuity Trading among its resources (eToro does not include Acuity Trading either). According to ForexBrokers.com, eToro earns 4.5 out of 5 stars for Research and ranks #13 out of 63 brokers, while IronFX earns 4 stars and ranks #29.

Feature eToro logoeToro
IronFX logoIronFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info Yes
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources offered by eToro and IronFX, beginners in online trading will find notable differences. Both platforms provide over ten educational pieces focused on forex and CFDs, offering a selection of articles, videos, and archived webinars. While each broker has a searchable archive of client webinars, eToro surpasses IronFX by offering regular monthly webinars. This live interaction can be invaluable for novice traders looking to deepen their understanding of the market. Moreover, eToro stands out by providing a suite of at least ten advanced videos, catering to both newcomers and those seeking to elevate their trading expertise.

Both platforms offer an extensive investment dictionary with over 50 terms, serving as a handy reference tool for learners. However, eToro's dedication to education is more highly recognized, securing a 4.5-star rating compared to IronFX's 4-star rating. Additionally, eToro is ranked 5th by ForexBrokers.com in the Education category, a significant lead over IronFX's 44th place. The difference in rankings highlights eToro's more comprehensive approach to equipping beginners with the knowledge they need to succeed in the trading world.

Feature eToro logoeToro
IronFX logoIronFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than IronFX. eToro finished with an overall rank of #9, while IronFX finished with an overall rank of #48.

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

Feature eToro logoeToro
IronFX logoIronFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 96 83
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with eToro or IronFX?

eToro allows users to buy both actual cryptocurrencies and cryptocurrency derivatives, whereas IronFX offers only cryptocurrency derivatives, providing a broader trading scope for those interested in actual digital assets on eToro.

What funding options does each broker offer?

When comparing online brokers, eToro stands out for offering a wider range of payment options including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while IronFX offers fewer options, supporting Skrill, Visa or Mastercard, and bank wires, but does not provide ACH, SEPA transfers, or PayPal as deposit or withdrawal methods.




announcementPlease 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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Compare

0 of 5
Overall Rating eToro IronFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 83
Winner check_circle
Review eToro Review
Broker Screenshots eToro IronFX
Broker Gallery (click to expand) info
Regulation eToro IronFX
Trust Score info 96 83
Year Founded info 2007 2010
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 4 3
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) eToro IronFX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) eToro IronFX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments eToro IronFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 340
Forex Pairs (Total) info 55 83
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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 eToro IronFX
Average Spread EUR/USD - Standard info 1 info 1.2
All-in Cost EUR/USD - Active info N/A N/A
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding eToro IronFX
Minimum Deposit info $50-$10,000 $50
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms eToro IronFX
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools eToro IronFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 7
Charting - Indicators / Studies (Total) info 106 30
Charting - Drawing Tools (Total) info 73 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading eToro IronFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info No Yes
Research eToro IronFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info Yes
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education eToro IronFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs eToro IronFX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review eToro Review
Overall eToro IronFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 83
Winner check_circle
Review eToro Review
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