IronFX vs Spreadex Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare IronFX vs Spreadex.
Does IronFX or Spreadex offer lower pricing?
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, Spreadex offers better pricing overall for traders.
Is IronFX or Spreadex safer for forex and CFDs trading?
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 3 global Tier-1 licenses, while Spreadex holds 1. Both IronFX and Spreadex hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, IronFX (84) earned a higher Trust Score than Spreadex (71).
Which trading platform is better: IronFX or Spreadex?
To compare the trading platforms of both IronFX and Spreadex, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Spreadex offers a better experience. With research, IronFX offers superior market research. Finally, we found Spreadex to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
IronFX provides traders 83 currency pairs (e.g., EUR/USD) compared to Spreadex's 52 available pairs. Forex pairs aside, Spreadex offers traders access to 2000 CFDs while IronFX has 340 available CFDs, a difference of 1660.
Can I trust IronFX?
IronFX is not publicly traded and does not operate a bank. IronFX is authorised by three tier-1 regulators (high trust), zero tier-2 regulators (average trust), zero tier-3 regulators (low trust), and one tier-4 regulator. IronFX is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), European Union Authorized (MiFID), and the Financial Conduct Authority (FCA).
Can I trust Spreadex?
Spreadex is not publicly traded and does not operate a bank. Spreadex is authorised by one tier-1 regulator (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulators (Average Risk), and zero tier-4 regulators (High Risk). Spreadex is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).
Is IronFX good?
IronFX has come a long way to rebuild its brand, acquiring multiple regulatory licenses to improve its Trust Score, and creating balanced educational material. That said, pricing is an area where Iron FX has room to further improve as spreads appeared higher than the industry average.
Is Spreadex good?
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.
Overall winner: IronFX
Popular Forex Reviews
Popular Forex Guides
announcementPlease note:
We review each brokerโs overall global offering โ a โYesโ 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.