Trade Nation vs IronFX 2025
In this head to head comparison of Trade Nation vs IronFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Trade Nation 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.
Trade Nation and IronFX are both well-regarded online brokers, though they have different regulatory standing and history. Trade Nation, established in 2014, holds two Tier-1 licenses, considered highly trusted, and one Tier-2 license, indicating a strong level of trust. It has a Trust Score of 85, falling within the trusted category according to ForexBrokers.com. Despite not being a bank or a publicly listed company, Trade Nation offers a reliable platform for traders.
Founded in 2010, IronFX carries three Tier-1 licenses, reflecting a high level of trust. Although it does not have any Tier-2 licenses, it still boasts a respectable Trust Score of 83, signifying its solid reputation. Like Trade Nation, IronFX is neither a bank nor a publicly traded entity. Both firms offer dependable options for those entering the trading market, each demonstrating a commitment to secure trading environments.
| Feature |
|
IronFX
|
|---|---|---|
| Year Founded | 2014 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of Trade Nation and IronFX, Trade Nation emerges as a more favorable option. Trade Nation employs a competitive fixed-spread pricing model across all tradable symbols on its proprietary platform, offering a stable and predictable cost structure. For the EUR/USD pair, Trade Nation lists a fixed spread of 0.6 pips, although this can widen to a maximum of 1.4 pips during rollover periods. With multiple account types, including a commission-based Raw Spread account with a $3.50 commission per side, Trade Nation receives a commendable 5-star rating and ranks as the 7th best broker in the Commissions and Fees category according to ForexBrokers.com.
In contrast, IronFX's pricing falls short in terms of competitiveness. The standard variable spread account starts at 1.8 pips, which is higher than the industry average. For those considering a zero fixed-spread account, while the spread begins at zero, a steep $18 per lot commission applies. Spreads can widen to 3 pips overnight, increasing trading costs further. As a result, IronFX is rated 4 stars for commissions and fees and is ranked 47th out of 63 brokers by ForexBrokers.com.
In conclusion, Trade Nation provides a more attractive proposition for traders focused on minimizing costs, offering clearer and more predictable pricing structures. IronFX, despite some attempts at competitive offerings, does not match the pricing efficiency seen with Trade Nation.
| Feature |
|
IronFX
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Standard account | 0.6 | 1.2 |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Trade Nation vs IronFX for range of investments: both brokers let you trade forex via CFDs or spot, support copy trading, and offer crypto CFDs (but not actual crypto). Trade Nation lists about 1,000 tradeable symbols, while IronFX offers around 340. For currency pairs, IronFX has the edge with 83 forex pairs versus 46 at Trade Nation. Neither broker provides exchange-traded shares on U.S. or international exchanges.
Both brokers earn 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings, Trade Nation sits at #39 out of 63, while IronFX is #52. In short, Trade Nation suits traders who want a wider overall selection of markets, whereas IronFX may appeal more to those who focus on a larger list of forex pairs.
| Feature |
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 340 |
| Forex Pairs (Total) | 46 | 83 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Trade Nation vs IronFX: Both brokers provide free demo accounts and offer web and Windows desktop platforms, plus copy trading and the popular MetaTrader 4 (MT4). Neither supports MetaTrader 5 (MT5). A key difference is that Trade Nation also delivers an in-house proprietary platform, while IronFX sticks to third-party options. Another distinction: IronFX lets you place orders directly from price charts, whereas Trade Nation does not.
When it comes to third-party reviews of platform quality, ForexBrokers.com rates Trade Nation 4 stars and ranks it 45th out of 63 for Trading Platforms and Tools, while IronFX earns 3.5 stars and ranks 62nd. If you value a broker-designed platform alongside MT4, Trade Nation may appeal; if your priority is placing trades straight from charts within the platform, IronFX holds an edge.
| Feature |
|
IronFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and IronFX both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, plus chart drawing tools like trendlines that auto-save your work. A key difference is watchlist syncing: Trade Nation syncs watchlists between the mobile app and your online account, while IronFX does not.
For charting tools, Trade Nation provides 99 technical studies compared with 30 on IronFX, giving more options for analysis. Trade Nation holds a 4-star Mobile Trading Apps rating versus 3.5 stars for IronFX, and ranks #46 out of 63 brokers on ForexBrokers.com, while IronFX ranks #63. If you want deeper charting and synced watchlists, Trade Nation is the stronger choice; if you only need the basics on the go, IronFX can still do the job.
| Feature |
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 99 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Trade Nation and IronFX deliver daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. Neither offers Autochartist. IronFX stands out with Trading Central analytics and an in-platform economic calendar, while Trade Nation counters with a sentiment tool that shows the long/short split across markets and access to Acuity Trading tools such as Signal Centre. Trade Nation does not include TipRanks or an economic calendar; IronFX’s use of TipRanks and Acuity Trading is not specified.
If you want structured analyst views and calendar-driven planning, IronFX may fit better; if you value crowd sentiment and trading signals, Trade Nation has an edge. Reflecting this, ForexBrokers.com rates Trade Nation 3.5/5 for Research (ranked 43rd of 63) and IronFX 4/5 (ranked 29th of 63).
| Feature |
|
IronFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
Trade Nation vs IronFX for beginners: both brokers offer forex and CFD education with at least 10 learning pieces, and each provides 10+ beginner-friendly videos. Neither runs monthly client webinars. A key difference is depth for growing traders: Trade Nation also includes 10+ advanced videos for experienced topics, while IronFX does not.
For education quality, Trade Nation is rated 3.5/5 stars and IronFX is rated 4/5 stars. In ForexBrokers.com’s Education category, Trade Nation ranks #41 of 63 and IronFX ranks #44, meaning Trade Nation places slightly higher despite IronFX’s higher star score. If you want beginner videos, both are solid choices; if you prefer access to advanced video lessons as you progress, Trade Nation may suit you better.
| Feature |
|
IronFX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trade Nation is better than IronFX. Trade Nation finished with an overall rank of #34, while IronFX finished with an overall rank of #48.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
|
IronFX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 83 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Online brokers Trade Nation and IronFX do not allow buying actual (delivered) cryptocurrencies, but both support trading cryptocurrency CFDs.
Online brokers Trade Nation and IronFX both do not support ACH or SEPA transfers for deposits or withdrawals, while the availability of PayPal, Skrill, Visa/Mastercard, and bank wire funding options is not specified.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Trade Nation | IronFX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 83 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | IronFX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | Trade Nation | IronFX | |
|---|---|---|---|
| Trust Score | 85 | 83 | |
| Year Founded | 2014 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | 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) | Trade Nation | IronFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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 | Trade Nation | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 340 | |
| Forex Pairs (Total) | 46 | 83 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Trade Nation | IronFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.6 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | IronFX | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | Trade Nation | IronFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Trade Nation | IronFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | IronFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Trade Nation | IronFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | IronFX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trade Nation | IronFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trade Nation Review |
| Overall | Trade Nation | IronFX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 83 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |