Interactive Brokers vs IronFX
By Akash · Facts re-checked (UTC)
Here is how Interactive Brokers and IronFX compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Interactive Brokers | IronFX | |
|---|---|---|
| Regulators | FCA, CBI, ASIC | CySEC |
| Minimum deposit | No account minimum | – |
| Spreads from | – | 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts |
| Commission | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I | – |
| Platforms | Trader Workstation (TWS), IBKR Mobile, Client Portal | MetaTrader 4, WebTrader, PAMM, TradeCopier |
| Retail accounts losing money | 59.7% | – |
Full reviews: Interactive Brokers review · IronFX review
Frequently asked questions
Are Interactive Brokers and IronFX regulated?
Interactive Brokers: FCA, CBI, ASIC. IronFX: CySEC.
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 more