Alpari vs IronFX 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
IronFX has the higher TFB Score (71/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
IronFX is a multi-entity CFD broker whose Cyprus entity Notesco Financial Services Limited is CySEC-licensed (125/10), offering MT4, WebTrader and copy/PAMM tools.
59.09% of retail CFD accounts lose money with this provider.
Side by side
| Item | Alpari | IronFX |
|---|---|---|
| TFB Score | 61/100 | 71/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 32/35▲2 tier-1 regulators (CySEC, FCA), investor compensation |
| Fees & costs | 22/25▲All-in cost from 0.00 pips, no commission | 14/25Spreads from 0 pips; commission not published |
| Deposits & withdrawals | 16/20▲Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 15/205 deposit methods, 1 withdrawal method |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 10/20MT4 |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | MISA | CySEC, FCA, BVI FSC |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | Not published |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | No trading commissions (Absolute Zero STP/ECN account); other STP/ECN accounts charge commission |
| Max leverage | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | Not published |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | Same method used to fund the account |
| Retail accounts losing money | Not published | 59.09% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Alpari review · IronFX review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or IronFX better?
IronFX has the higher TFB Score (71/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and IronFX regulated?
Alpari: MISA. IronFX: CySEC, FCA, BVI FSC. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or IronFX?
Alpari holds no tier-1 licence; IronFX holds 2 (CySEC and FCA). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
Which has tighter spreads, Alpari or IronFX?
Published spreads start from 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) at Alpari and 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts at IronFX; commission: Alpari None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded, IronFX No trading commissions (Absolute Zero STP/ECN account); other STP/ECN accounts charge commission.
Do Alpari and IronFX offer MetaTrader and TradingView?
Both offer MetaTrader 4. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. IronFX: MetaTrader 4, WebTrader, PAMM, TradeCopier.
More Alpari comparisons
More IronFX comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning