Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro and IronFX are both prominent players in the online brokerage space, each offering unique advantages. Founded in 2006, FxPro has established itself as a strong contender with a Trust Score of 93 out of 99, indicating it is highly trusted by ForexBrokers.com. It holds 2 Tier-1 licenses—deemed highly reliable—and 1 Tier-2 license, demonstrating a firm regulatory foundation. Additionally, FxPro is also a bank, offering customers a level of financial assurance typically associated with banking institutions.
IronFX, founded in 2010, holds a Trust Score of 83, marking it as a trusted broker. Despite not being a bank, it compensates with 3 Tier-1 licenses, indicating a significant level of regulatory credibility. Unlike FxPro, IronFX does not hold any Tier-2 licenses. Although neither broker is publicly traded, both FxPro and IronFX provide a choice for traders seeking brokers with strong regulatory oversight, with FxPro slightly ahead in terms of overall trust and regulatory licenses.
| Feature |
FxPro
|
IronFX
|
|---|---|---|
| Year Founded | 2006 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, both FxPro and IronFX price slightly above the industry average, but FxPro can be cheaper in specific setups. FxPro earns 4 stars and ranks #33 of 63 for Commissions and Fees, while IronFX also earns 4 stars but ranks lower at #47 of 63. In practical terms, FxPro’s cTrader account often delivers lower all-in costs on major pairs than IronFX’s typical offerings.
FxPro’s pricing varies by platform and execution. On cTrader, the EUR/USD all-in cost is about 1.27 pips (0.37-pip average spread plus a 0.9-pip commission-equivalent). On MetaTrader, variable spreads were around 1.58 pips with market execution (1.51 pips on MT5) and 1.71 pips with instant execution, based on August 2020 data. MT5 does not offer fixed spreads, and FxPro requires a 1-pip minimum distance for stop/limit orders on MetaTrader (no minimum distance on cTrader). The Elite/Active Trader program can cut costs by up to 30%, though rivals still edge it on discounts.
IronFX lists a typical 1.8-pip spread on its Standard variable account (no date range provided and results differ by account type). Its zero fixed-spread account can show 0.0 spreads but charges a $18 per lot commission, and spreads widen to 3 pips overnight—factors that can raise real trading costs. Net takeaway: for many traders focused on fees, FxPro’s cTrader setup may offer a lower effective cost on majors like EUR/USD, while IronFX’s zero account can appeal for short bursts of tight pricing but carries higher commissions and overnight widening.
| Feature |
FxPro
|
IronFX
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 1.51 | 1.2 |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
FxPro and IronFX both support forex trading, including via CFDs or spot contracts, and each offers copy trading. You can’t buy actual cryptocurrency at either broker, but both provide crypto derivatives. The main split is in breadth: FxPro lists 2,249 tradeable symbols compared with IronFX’s 340. Still, currency specialists may notice IronFX lists more forex pairs (83) than FxPro (70).
For exchange-traded shares (not CFDs), neither broker offers access to U.S. exchanges; however, FxPro does provide international listings, while IronFX offers none. Reflecting these differences, ForexBrokers.com rates FxPro 4 stars (ranked 29th of 63 for Range of Investments) and IronFX 3.5 stars (ranked 52nd of 63). In short, FxPro suits traders seeking a wider set of markets and international shares, while IronFX may appeal if you want a leaner lineup with a few more forex pairs.
| Feature |
FxPro
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 340 |
| Forex Pairs (Total) | 70 | 83 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
FxPro vs IronFX for platforms and tools: both brokers offer free demo (paper) accounts, Windows desktop downloads, and web-based trading. Each supports MetaTrader 4 and copy trading, and neither integrates DupliTrade or ZuluTrade. FxPro stands out with a proprietary in‑house platform and MetaTrader 5, while IronFX does not offer its own platform and does not support MT5. For charting, both let you place trades directly from the chart; FxPro lists 25 drawing tools versus 15 at IronFX. Indicator counts aren’t specified for either broker. Watchlists include 6 fields at FxPro and 7 at IronFX.
In independent testing of trading platforms and tools, FxPro earns 4 stars and ranks #17 out of 63 brokers at ForexBrokers.com, while IronFX scores 3.5 stars and ranks #62. In short, choose FxPro if you want more platform choice (including MT5 and a proprietary option) and a wider set of drawing tools; consider IronFX if MT4 with a straightforward toolset and a slightly more detailed watchlist suits your needs.
| Feature |
FxPro
|
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) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and IronFX both check the basics for mobile trading: iPhone and Android apps, real-time watchlists, price alerts, multiple chart time frames, trendline drawing, and auto-saved chart annotations. If you just need to monitor markets and place trades on the go, either app covers those needs.
The differences show up in depth and polish. FxPro offers watchlist syncing with your web platform (IronFX does not), plus 65 technical studies versus IronFX’s 30. That extra toolkit, along with smoother cross-device workflow, helps explain why FxPro earns 4.5/5 stars and ranks #15 out of 63 for Mobile Trading Apps at ForexBrokers.com, while IronFX scores 3.5/5 stars and ranks #63. In short: go with FxPro if you value richer charting and synced watchlists; choose IronFX if you’re fine with core features.
| Feature |
FxPro
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing FxPro vs IronFX for market research: both brokers publish daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each one also includes an economic calendar for tracking key events. For overall quality, both earn 4 stars for Research from ForexBrokers.com, with FxPro ranked #26 out of 63 brokers and IronFX at #29.
In terms of tools, both brokers provide Trading Central for technical and fundamental insights, and neither includes Autochartist. FxPro adds a sentiment tool that shows the ratio of long vs. short positions across instruments, while IronFX does not. FxPro does not offer research from TipRanks or Acuity Trading; IronFX’s support for TipRanks or Acuity Trading is not specified.
| Feature |
FxPro
|
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 | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both FxPro and IronFX offer a selection suitable for those interested in forex and CFDs. Each platform provides a minimum of 10 educational pieces, such as articles and videos on these topics. However, neither of them hosts regular live webinars for clientele. They do compensate for this by offering a searchable archive of previously recorded webinars, which can be a substantial help for self-paced learning. Both brokers also cater to those just starting out with at least 10 beginner-level videos that break down trading concepts in accessible terms.
In terms of depth, neither FxPro nor IronFX provides extensive advanced video content for more experienced traders. That said, they both have an investor dictionary containing definitions of over 50 investing terms, a great tool for building foundational knowledge. While FxPro and IronFX earn an equal 4-star rating for education, there is a notable difference in their rankings by ForexBrokers.com. FxPro stands at 18th place compared to IronFX at 44th, suggesting a slightly more favorable recognition for FxPro’s educational resources overall.
| Feature |
FxPro
|
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 63 of the best forex brokers, our research and account testing finds that FxPro is better than IronFX. FxPro finished with an overall rank of #21, while IronFX finished with an overall rank of #48.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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IronFX
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| Overall Rating |
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| Trust Score | 93 | 83 |
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Both FxPro and IronFX do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to buy cryptocurrency derivatives.
FxPro stands out from IronFX by offering a wider range of deposit and withdrawal options, including ACH or SEPA transfers and PayPal, alongside shared options like Skrill, Visa, Mastercard, and bank wires.
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 | FxPro | IronFX | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | IronFX | |
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| Regulation | FxPro | IronFX | |
|---|---|---|---|
| Trust Score | 93 | 83 | |
| Year Founded | 2006 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | 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) | FxPro | 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) | |||
| 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) | FxPro | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FxPro | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 340 | |
| Forex Pairs (Total) | 70 | 83 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | FxPro | IronFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | IronFX | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | FxPro | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | IronFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | IronFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | IronFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | 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 | FxPro | 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 | FxPro Review |
| Overall | FxPro | IronFX | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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