ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Spreadex vs IronFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

Spreadex
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 71
  • Tradeable Symbols (Total): 10000
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

Spreadex, founded in 1999, and IronFX, established in 2010, are both online brokers that are not publicly traded and not banks. When comparing their regulatory standings, Spreadex holds one Tier-1 license, which is recognized for its high level of trust. However, it lacks any Tier-2 licenses, resulting in a ForexBrokers.com Trust Score of 71, indicating an average risk. On the other hand, IronFX boasts three Tier-1 licenses, highlighting its commitment to providing a more trusted trading experience. This is reflected in its higher Trust Score of 83, signaling it as a trusted broker.

Choosing between Spreadex and IronFX may come down to the importance you place on trust and regulatory standings. IronFX appears to offer a more secure environment with its multiple Tier-1 licenses and a stronger Trust Score. While both brokers are not backed by the assurances of being publicly traded or associated with banking institutions, IronFX might appeal more to those who prioritize trust in their trading partners.

Feature Spreadex logoSpreadex
IronFX logoIronFX
Year Founded info 1999 2010
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 3
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

When it comes to commissions and fees, Spreadex offers competitive pricing for traders interested in foreign exchange markets. In January 2024, the average spread for EUR/USD was 0.81 pips, with a minimum spread of 0.6 pips achieved 60% of the time throughout the month. This puts Spreadex in a favorable position compared to industry standards, earning them a commendable 4-star rating for their commission and fee structure. Out of 63 brokers evaluated by ForexBrokers.com, Spreadex is ranked #27, reflecting their customer-friendly pricing strategy.

IronFX, on the other hand, has some room to improve regarding its pricing model. Although they offer a variety of account types with different spreads and fees, their Standard variable spread account lists a typical spread of 1.8 pips, which is higher than the industry average. Furthermore, their zero fixed-spread account features a spread starting at zero but comes with an $18 per lot commission and spreads that widen to 3 pips overnight. IronFX also received a 4-star rating; however, its pricing nuances resulted in a #46 ranking out of 63 brokers in the ForexBrokers.com Commissions and Fees category.

Feature Spreadex logoSpreadex
IronFX logoIronFX
Minimum Deposit info $0 $50
Average Spread EUR/USD - Standard info 0.81 info 1.2
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No 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

When comparing the investment offerings of Spreadex and IronFX, both platforms provide forex trading as a CFD or spot contract, catering to traders who prioritize forex investments. Spreadex stands out with a vast selection of 10,000 tradeable symbols, while IronFX offers a more focused array of 340 symbols. However, IronFX provides a broader range of tradeable forex pairs, with 83 pairs compared to Spreadex's 52, giving forex enthusiasts more options within their preferred domain. Neither platform allows for the purchase of actual exchange-traded securities on U.S. or international exchanges, nor do they offer the ability to buy actual cryptocurrencies; both, however, provide trading in cryptocurrency derivatives.

While Spreadex receives high praise with a 5-star rating for its range of investments, IronFX garners a 3.5-star rating, noting a considerable difference in perceived value. Ranked 13th by ForexBrokers.com among 63 brokers for the range of investments, Spreadex surpasses IronFX, which holds the 51st rank in the same category. For traders interested in social trading, IronFX offers copy trading features, adding a layer of community-driven investment that Spreadex lacks. In summary, while both brokers offer unique strengths, Spreadex provides a more extensive range of investments, whereas IronFX excels in forex pair offerings and social trading capabilities.

Feature Spreadex logoSpreadex
IronFX logoIronFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 340
Forex Pairs (Total) info 52 83
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No 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

When comparing the trading platforms and tools of Spreadex and IronFX, both brokers offer a simulated trading environment through free virtual demo accounts. Spreadex sets itself apart with its in-house developed proprietary platform, providing users with a unique trading experience, unlike IronFX which does not have a proprietary platform. Instead, IronFX supports popular external platforms like MetaTrader 4, but not MetaTrader 5, offering flexibility for seasoned traders. Spreadex and IronFX both feature user-friendly web-based trading platforms, yet only IronFX offers a Windows-based desktop platform for those seeking a more traditional software setup.

Spreadex and IronFX allow traders to execute trades directly from stock charts, enhancing the trading experience. Spreadex supports this feature with 11 drawing tools for charting, whereas IronFX offers more options with 15 drawing tools. However, Spreadex gets a slight edge in overall user satisfaction with a 4-star rating for trading platforms and tools, compared to IronFX's 3.5-star rating. Additionally, Spreadex supports more customized watch lists, giving users access to 8 fields, while IronFX provides 7. Ranking higher, Spreadex holds the 46th position among 63 brokers for its trading platforms and tools, while IronFX is positioned at 61st, indicating a more favorable user experience with Spreadex.

Feature Spreadex logoSpreadex
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 No 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 58 30
Charting - Drawing Tools (Total) info 11 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 8 7

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

Forex trading apps

Spreadex and IronFX both offer comprehensive mobile trading apps available for iPhone and Android, allowing users to access them easily on their preferred device. Both platforms provide stock and forex price alerts, ensuring traders stay informed of any market changes. Users can create and monitor their watchlists with real-time quotes; however, neither app supports watchlist symbol syncing with their respective online accounts. While Spreadex and IronFX both allow drawing trendlines on charts and support viewing multiple time frames, IronFX stands out by offering 30 technical studies for its charting, whereas Spreadex does not list the number of studies available.

IronFX also has the advantage of auto-saving chart annotations, a feature Spreadex lacks. Despite this, Spreadex enjoys a slightly higher user rating of 4 stars compared to IronFXโ€™s 3.5 stars. According to ForexBrokers.com, Spreadex is ranked #46 out of 63 for mobile trading apps, outperforming IronFX, which sits at #62. While both platforms provide essential mobile trading features, Spreadex is slightly favored due to its higher user ratings and ranking, making it potentially more appealing for traders prioritizing ease of use and user satisfaction.

Feature Spreadex logoSpreadex
IronFX logoIronFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info N/A 30
Mobile Charting - Draw Trendlines info Yes 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

Spreadex and IronFX both serve their clients with daily market commentary and provide forex news sourced from top-tier providers like Bloomberg, Reuters, and Dow Jones. However, where Spreadex differentiates itself is with its use of Autochartist for technical analysis, offering valuable insights that IronFX does not provide. On the flip side, IronFX partners with Trading Central to deliver technical analytics, a service that is not available from Spreadex. For traders interested in sentiment analysis, Spreadex comes out ahead with their unique tool that gives a clear picture of the long or short positions across different trading instruments, something not offered by IronFX.

Both Spreadex and IronFX ensure their clients are informed about global economic events through comprehensive economic calendars. While neither broker offers market research from TipRanks or tools from Acuity Trading, their research services still earn them both a commendable 4-star rating. Notably, IronFX ranks slightly higher, at #28 compared to Spreadex at #31 in research rankings by ForexBrokers.com. This makes both brokers strong contenders for traders prioritizing research offerings, though each has its unique strengths suited to different analytical preferences.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, both Spreadex and IronFX ensure their users have access to basic learning tools. Each platform provides a considerable amount of material, like articles, videos, and other content focused on forex and CFDs, exceeding the minimum benchmark of ten pieces. Both brokerages deliver an impressive suite of beginner educational videos, simplifying trading concepts for new traders. However, when it comes to advanced video content, neither Spreadex nor IronFX meets the ten-video requirement aimed explicitly at experienced traders. In terms of additional tools, users will find robust investor dictionaries containing definitions of over 50 key investing terms across both platforms.

Even though Spreadex and IronFX do not host monthly educational webinars or archive these online sessions for later viewing, IronFX distinguishes itself by offering a searchable archive of past client webinars, providing a layer of added learning convenience. According to ratings, both Spreadex and IronFX garner 4-star ratings for their educational offerings, though IronFX slightly outpaces Spreadex in rankings by being placed at #44 compared to Spreadex's #45 out of 63 brokers as per ForexBrokers.com. This subtle difference might influence a beginner trader's choice when considering educational resources.

Feature Spreadex logoSpreadex
IronFX logoIronFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info No No
Client Webinars (Archived) info No Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No 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 Spreadex is better than IronFX. Spreadex finished with an overall rank of #39, while IronFX finished with an overall rank of #48.

Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.

Feature Spreadex logoSpreadex
IronFX logoIronFX
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 71 83
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Spreadex or IronFX?

Spreadex and IronFX both do not offer the ability to buy actual cryptocurrency for delivery, but they do provide options for purchasing cryptocurrency derivatives.

What funding options does each broker offer?

Both Spreadex and IronFX do not offer ACH, SEPA, or PayPal options for deposits or withdrawals, while they both support Visa, Mastercard, and bank wires, but only IronFX provides Skrill as an additional payment method.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Spreadex IronFX
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 71 83
Winner check_circle
Review Spreadex Review
Broker Screenshots Spreadex IronFX
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Spreadex IronFX
Trust Score info 71 83
Year Founded info 1999 2010
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 1 3
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Spreadex IronFX
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
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 No info Yes info
Tier-2 Licenses (Trusted) Spreadex IronFX
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Spreadex IronFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 340
Forex Pairs (Total) info 52 83
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No 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 Spreadex IronFX
Average Spread EUR/USD - Standard info 0.81 info 1.2
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No No
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding Spreadex IronFX
Minimum Deposit info $0 $50
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Spreadex IronFX
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No 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 Spreadex IronFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 8 7
Charting - Indicators / Studies (Total) info 58 30
Charting - Drawing Tools (Total) info 11 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Spreadex 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 No No
Mobile Charting - Indicators / Studies info N/A 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes Yes
Research Spreadex IronFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education Spreadex IronFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info No No
Client Webinars (Archived) info No Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Spreadex 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 Spreadex Review
Overall Spreadex IronFX
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 71 83
Winner check_circle
Review Spreadex Review
arrow_upward

close