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Do you want to know which is the better broker between Spreadex and IronFX ?
In the table below, you can compare the features of Spreadex , IronFX side by side to determine the best fit for your needs.
EURUSD: 1.9
XAUUSD: --
Long: -8.08
Short: 0.08
Long: -14.81
Short: 11.12
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of spreadex, ironfx lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Spreadex Review Summary in 10 Points | |
Founded | 1999 |
Registered Country/Region | United Kingdom |
Regulation | FCA |
Market Instruments | indices, shares, forex, commodities, bonds, interest rates, exchange traded funds, options, and cryptocurrencies |
Demo Account | N/A |
Leverage | 1:30 |
EUR/USD Spread | 0.6 pips |
Trading Platforms | Online platform, Mobile trading, and TradingView |
Minimum Deposit | $1 |
Customer Support | Live chat, phone, email |
Spreadex is a UK-based brokerage firm, established back in 1999 and focused on a financial trading service providing, as well spread betting and sports betting, through its maintained office in London. Spreadex first moved into the online market in 2006 when it launched its website. Spreadex is regulated by the Financial Conduct Authority (FCA, registration number 190941) in relation to the spread betting services it offers.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• FCA-regulated | • No MT4/5 trading platform |
• Offers a range of financial spread betting and trading services to retail and professional clients | • Limited deposit and withdrawal options compared to other brokers |
• Operates within regulatory restrictions for leverage levels | |
• Offers a range of educational resources | |
• Multi-channel customer support | |
• Many years experience in the indus | |
• Quick account opening and easy to use platform |
There are many alternative brokers to Spreadex depending on the specific needs and preferences of the trader. Some popular options include:
FP Markets - for traders seeking access to a wide range of trading platforms, advanced charting tools, and competitive pricing across various financial markets.
LiteForex - for traders looking for user-friendly MetaTrader platforms, a variety of analysis tools, and a range of trading instruments to choose from.
Global Prime - for traders who prioritize institutional-grade execution, access to multiple trading platforms, and a focus on transparent and reliable trading conditions.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Spreadex appears to be a legitimate broker for individuals interested in trading. The company is regulated by the United Kingdom Financial Conduct Authority (FCA, No. 190941), which adds a layer of safety and transparency for investors. Additionally, the fact that Spreadex offers clients segregated bank accounts can further enhance safety and security for their funds.Having many years of experience in the industry can also be seen as a positive sign, as it suggests that the company has a solid track record and established reputation.
However, it is always recommended for traders to do their own due diligence and research any potential broker before investing funds. Reviews and feedback from other traders can be helpful in determining the safety and legitimacy of a broker, as well as checking for any past incidents of fraud or other issues. Additionally, testing out the available trading platforms and customer support options can help to determine if a broker is a good fit for your individual trading needs and preferences.
Spreadex offers a diverse range of over 15,000 tradable assets, covering a wide variety of markets and instruments. This includes popular markets such as indices, shares, forex, commodities, and bonds, as well as interest rates, exchange traded funds, options, and cryptocurrencies.
Index trading is a popular market on Spreadex, with access to indices such as the FTSE 100, S&P 500, and NASDAQ. This can provide traders with broad exposure to the performance of the overall market, as well as specific sectors or industries.
Forex trading is also available on Spreadex, offering access to the world's largest financial market by trading volume. With access to major and minor currency pairs, traders can take advantage of currency fluctuations and volatility to seek out profits.
Commodity trading is another popular option on Spreadex, with access to gold, silver, oil, and other commodities. This can provide traders with a way to hedge against inflation or geopolitical risks, as well as potentially profiting from market movements.
There seems only one single account available for all traders, which is the Standard account. To open a real account just with the minimum deposit of $1, which sounds a good opportunity for most traders to get started.
As a UK brokerage firm, Spreadex operates within regulatory restrictions for leverage levels. The maximum leverage offered to retail traders is 1:30 for major currency pairs and lower for other instruments. This limitation is in place to protect investors from significant losses and ensure responsible trading practices.
Professional traders, however, may have access to higher leverage ratios once their status is confirmed and specified conditions towards spread betting and trading services are met. This can provide experienced traders with the opportunity to increase their potential profits, but it should be noted that higher leverage also carries higher risk.
Overall, Spreadex's leverage offering is in line with regulatory restrictions and aims to promote responsible trading practices. Traders can still access a range of markets and instruments, but should be aware of the potential risks involved with higher leverages.
Spreadex offers variable spreads that can fluctuate throughout the day depending on market volatility. Major currency pairs such as EURUSD and GBPUSD have very low spreads of 0.6 and 0.9 pips respectively, which is competitive with other brokers in the industry. Spreads for minor and exotic currency pairs are comparable to most other brokers as well.
For all markets apart from shares, the fee is simply the spread between the buy and sell price. However, for shares, there is an interest rate charge applied to the total value of the stock. This fee typically amounts to 1.25%, but it can increase to 1.5% for smaller stocks and those with less liquidity.
There is no information available on any commissions charged by Spreadex. However, the competitive spreads and lack of hidden fees make Spreadex a potentially attractive option for traders looking to minimize their costs.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread (pips) | Commissions (per lot) |
Spreadex | 0.6 | No commissions |
FP Markets | 0.1 | $3 |
LiteForex | 1.5 | No commissions |
Global Prime | 0.0 | $7 |
Please note that this information may have changed since my last knowledge update, and it's always recommended to verify the latest details with the respective brokers directly.
Spreadex offers a range of trading platforms to cater to traders' different preferences and needs. The online platform is Spreadex's flagship trading platform, featuring a user-friendly interface and a range of tools and features. The platform allows traders to access all of Spreadex's tradable assets and markets, as well as providing access to a range of analysis tools and educational resources.
Mobile trading is available through Spreadex's mobile app, which is available for both iOS and Android devices. The app provides traders with a convenient and flexible way to access their accounts and trade on-the-go, with many of the same features and tools as the online platform.
Finally, Spreadex also offers integration with TradingView, a popular third-party charting software. This can allow traders to access advanced charting features and tools, as well as collaborate with other traders in the TradingView community.
Overall, Spreadex's range of trading platforms provides traders with a range of options to suit their individual needs and preferences, whether they prefer a desktop platform, mobile app, or third-party software integration.
See the trading platform comparison table below:
Broker | Trading Platforms |
Spreadex | Custom online platform, Mobile app |
FP Markets | MetaTrader 4, MetaTrader 5, IRESS |
LiteForex | MetaTrader 4, MetaTrader 5, WebTrader |
Global Prime | MetaTrader 4, WebTrader, FIX API |
Spreadex accepts deposits and withdrawals via Credit Card, Bank Transfer, Cheque, and Direct Debit. However, it does not currently accept deposits from E-Wallets such as Moneybookers, Paypal, Neteller, Ukash, etc. Deposits made by debit card under £50 are subject to a £1 fee. Spreadex does not accept any third-party payments.
Spreadex | Most other | |
Minimum Deposit | $500 | $100 |
International bank transfers and bank transfers in currencies other than sterling will be subject to additional charges. The minimum withdrawal amount is £50 cleared funds on your trading ledger that is not being used to support the margin/NTR on any open positions. If the available amount is less than £50, you will only be able to withdraw the full amount.
Spreadex offers card withdrawals which you'll receive within 2 hours of your withdrawal being approved. However, some card issuers may be unable to accept funds through this method, and in such circumstances, payments back to these cards will take 2-5 days to be received. Bank transfers should be in your account within 2 working days.
Overall, Spreadex's deposit and withdrawal options are limited compared to some other brokers, but the available options are low-fee and relatively quick processing times. It is recommended for traders to carefully review the available deposit and withdrawal options to ensure they meet their individual needs and preferences before investing funds.
Spreadex offers a range of customer service options to cater to traders' needs and preferences. This includes live chat, phone support, and email support. The financial desk can be reached at +44 (0)1727 895 151 while general inquiries can be directed to +44 (0)1727 895 000. The email address for customer service is info@spreadex.com.
Traders can also follow Spreadex on various social networks, including Twitter, Facebook, Instagram, YouTube, and LinkedIn. This can provide a convenient way to stay up-to-date on news and updates from the broker, as well as connecting with other traders and the Spreadex community.
Pros | Cons |
• Multi-channel support | • No 24/7 customer support available |
• Live chat support | • No information on multilingual support for non-English speakers |
• Social media presence on various platforms for easy communication and updates |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Spreadex's customer service.
Spreadex offers a range of educational resources to support traders, including a video training center, account FAQs, charting FAQs, trading FAQs, and a financial spread betting glossary. These resources can provide traders with a solid foundation of knowledge and help them develop their skills and understanding of the trading markets and instruments.
The video training center offers a library of educational videos covering topics such as market analysis, technical analysis, and risk management. Traders can watch these videos at their own pace and access them at any time.
The account FAQs, charting FAQs, and trading FAQs provide answers to common questions and concerns that traders may have about using Spreadex's platform and services. These resources can provide guidance and clarity for traders who are new to the platform or may be experiencing technical issues.
Finally, the financial spread betting glossary provides definitions and explanations of key terms and concepts related to spread betting and trading. This can be a valuable resource for traders who are new to the industry or may be unfamiliar with some of the terminology and jargon used in trading.
Overall, Spreadex's educational resources can provide traders with a solid foundation of knowledge and help them develop their skills and understanding of the trading markets and instruments.
In conclusion, Spreadex is a regulated financial spread betting and CFD provider offering a range of trading instruments. With competitive spreads, a user-friendly online platform, and mobile trading capabilities, Spreadex aims to cater to traders' needs. As with any trading platform, it's essential to review the latest information, terms, and conditions to make an informed decision that suits your specific requirements.
Q 1: | Is Spreadex regulated? |
A 1: | Yes. It is regulated by United Kingdom Financial Conduct Authority (FCA, No. 190941). |
Q 2: | At Spreadex, are there any regional restrictions for traders? |
A 2: | Yes. The information on their website is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any law or regulatory requirement. |
Q 3: | Does Spreadex offer the industry leading MT4 & MT5? |
A 3: | No. Instead, it offers Online platform, Mobile trading, and TradingView. |
Q 4: | What is the minimum deposit for Spreadex? |
A 4: | The minimum initial deposit to open an account is $1. |
Q 5: | Is Spreadex a good broker for beginners? |
A 5: | Yes. It is a good choice for beginners because it is regulated well and has many years experience in the industry, as well as offers various trading instruments with competitive trading conditions on multiple trading platforms. |
Registered in | Cyprus |
Regulated by | CYSEC, FCA |
Year(s) of establishment | 2-5 years |
Trading instruments | 300+ instruments, including Forex, Metals, Indices, Commodities, Futures and Shares |
Minimum Initial Deposit | Information not available |
Maximum Leverage | 1:30 |
Minimum spread | 0.0 pips onwards |
Trading platform | MT4, WebTrader |
Deposit and withdrawal method | VISAMasterCardMaestroSkrillNetellerDotPay |
Customer Service | 24/5, Email, phone number |
Fraud Complaints Exposure | No for now |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros:
Wide range of trading instruments including Forex, Metals, Shares, Futures and Cryptocurrencies.
Multiple account types including STP/ECN, Zero Spread and VIP accounts.
Various deposit and withdrawal methods with no fees from IronFX's side.
Availability of Islamic accounts for traders adhering to Shariah law.
Customer support is available 24/5 via phone and email.
Cons:
Educational resources are not available, which may be a disadvantage for beginner traders.
The maximum leverage is limited to 1:30, which may not be suitable for high-risk traders seeking higher leverage.
Limited regulatory oversight, with the company being regulated by only one top-tier regulator.
High commissions for some account types and instruments, which may result in higher trading costs for traders.
Limited availability in certain countries, which may restrict access for some potential clients.
Advantages | Disadvantages |
IronFX offers tight spreads and fast execution due to its Market Making model. | As a counterparty to its clients' trades, IronFX has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients. |
IronFX is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, IronFX acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that IronFX has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with IronFX or any other MM broker.
IronFX is a global online trading platform that provides access to a wide range of financial markets including forex, stocks, metals, commodities, and indices. Founded in 2010, IronFX is regulated by multiple financial authorities and provides clients with access to various trading platforms, including MetaTrader 4 and WebTrader. The company offers a range of account types, trading tools, and educational resources to cater to the needs of traders with different levels of experience. IronFX has won numerous awards for its products and services, including Best FX Broker, Best Trading Platform, and Best Customer Service Provider.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
Advantages | Disadvantages |
Wide range of instruments | Some instruments may have low liquidity |
Opportunity for diversification | Some instruments may have wide spreads |
Variety of currency pairs | Trading too many instruments can be overwhelming |
Access to different asset classes | Complexity of tracking multiple instruments |
IronFX offers over 300 trading instruments, including forex, metals, indices, commodities, futures, and shares. This wide range of options provides traders with the opportunity to diversify their portfolios and take advantage of various market conditions. With over 80 currency pairs, including major, minor, and exotic pairs, IronFX provides access to a range of global markets. While some traders may find the number of available instruments overwhelming, this variety provides numerous trading options and the opportunity to capitalize on different market trends. However, some instruments may have low liquidity, leading to wider bid-ask spreads, and high volatility, leading to greater risk exposure. Additionally, trading a large number of instruments may require a greater amount of research and analysis, and some instruments may have high margin requirements, leading to greater risk and capital requirements.
Advantages | Disadvantages |
Low spreads on certain account types and instruments | Lack of transparency on minimum deposit |
Competitive commissions for certain account types | Lack of information on swap rates |
No commissions on certain account types and instruments | Limited information on other trading costs such as slippage or overnight fees |
Wide range of instruments to trade |
IronFX offers a range of spreads, commissions, and other costs depending on the account type and instrument traded. For example, the live floating spreads of EURUSD in VIP account can be as low as 0.6 pips, which is highly competitive. Additionally, IronFX provides competitive commissions for certain account types, such as $10 per lot on STP/ECN Zero Spread account for trading EURUSD. On the other hand, IronFX lacks transparency in providing information on minimum deposit and swap rates, which may be a disadvantage for traders. Additionally, the lack of information on other trading costs such as slippage or overnight fees may be a drawback for traders who want to accurately assess the total cost of trading with IronFX. Despite these drawbacks, IronFX offers a wide range of instruments to trade, providing traders with multiple options to diversify their portfolio.
Advantages | Disadvantages |
Wide range of account types to choose from | Minimum initial deposit not disclosed |
Multiple base currency options | Zero fixed spread account may have high commission fees |
Flexible leverage up to 1:30 | |
Commission-free trading available |
IronFX offers a variety of account types to cater to the different needs of traders, including standard accounts, premium accounts, VIP accounts, zero fixed accounts, no commission accounts, zero spread accounts, and absolute zero accounts. Traders can choose between fixed and floating spreads, as well as commission and non-commission accounts. The minimum lot size is 0.01, making it easier for traders to manage their risk, and the base currencies include USD, EUR, GBP, AUD, JPY, CHF, PLN, CZK, and BTC. However, IronFX does not disclose the minimum initial deposit, which can be a disadvantage for some traders. Additionally, the leverage offered is limited to 1:30, which may not be suitable for more aggressive traders.
Live Floating/Live Fixed Spreads
Account Type | Standard | PREMIUM | VIP | ZERO FIXED |
Spreads from: | 1.8 | 1.6 | 1.4 | 0 |
Flexible Leverage up to | 1:30 | 1:30 | 1:30 | 1:30 |
Base Currency | USD, EUR, GBP, AUD, JPY, CHF, PLN, CZK | USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK | USD | USD |
Minimum Lot Size | 0.01 | 0.01 | 0.01 | 0.01 |
Commission | No | No | No | No |
STP/ECN Accounts
Account Type | NO COMMISSION | ZERO SPREAD | ABSOLUTE ZERO |
Spreads from: | 1.7 | 0 | 0.3 |
Flexible Leverage up to | 1:30 | 1:30 | 1:30 |
Base Currency | USD, EUR, GPB. AUD, JPY, CHF, PLN, CZK | USD, EUR, GPB. AUD, JPY, CHF, PLN, CZK | USD, EUR, JPY |
Minimum Lot Size | 0.01 | 0.01 | 0.01 |
Commission | No | Yes | No |
Advantages | Disadvantages |
Two platform options: MT4 and WebTrader | Limited platform options compared to other brokers |
MT4 is a widely recognized and popular platform with advanced charting and technical analysis tools | WebTrader may have limited features compared to the desktop version of MT4 |
MT4 allows for customization with the use of Expert Advisors (EAs) and indicators | No proprietary platform offered |
MT4 has a large online community where traders can share ideas and strategies | Learning curve may be steep for new traders unfamiliar with MT4 |
MT4 is available on desktop, mobile, and tablet devices for convenient access |
IronFX offers two platform options for traders to choose from: the popular MetaTrader 4 (MT4) platform and the WebTrader platform. MT4 is a widely recognized platform in the industry known for its advanced charting and technical analysis tools, as well as the ability to use Expert Advisors (EAs) and indicators for customization. It is available on desktop, mobile, and tablet devices, providing convenient access for traders. Additionally, MT4 has a large online community where traders can share ideas and strategies. The WebTrader platform is accessible through a web browser and may have limited features compared to the desktop version of MT4. However, it provides an alternative option for traders who may not be able to download the MT4 platform. One disadvantage of IronFX's platform options is the limited selection compared to some other brokers, and the learning curve may be steep for new traders who are unfamiliar with MT4.
Advantages | Disadvantages |
Allows traders to increase potential profits with a smaller initial investment | High leverage can increase potential losses |
Provides flexibility to trade larger positions | Requires strict risk management and trading discipline |
Can be suitable for experienced traders with a solid understanding of leverage | Inappropriate use of leverage can lead to margin calls and account liquidation |
Can offer opportunities for diversification and risk management | Not suitable for all traders, especially beginners |
IronFX offers a maximum leverage of up to 1:30, which allows traders to increase potential profits with a smaller initial investment and provides flexibility to trade larger positions. However, high leverage can increase potential losses, and requires strict risk management and trading discipline to avoid margin calls and account liquidation. Although leverage can offer opportunities for diversification and risk management, it is not suitable for all traders, especially beginners who may not have a solid understanding of leverage. Therefore, traders must carefully consider their risk appetite and experience level before deciding to trade with leverage.
IronFX offers a variety of deposit and withdrawal options for traders. Bank wire transfers have no deposit fees, but may be subject to corresponding and intermediary bank fees. Credit/debit card deposits have a maximum transaction amount of USD 50,000 per transaction and no fees, but withdrawals may have fees up to EUR 1.5 per transaction. Skrill and Neteller deposits have a maximum transaction amount of USD 50,000 per transaction and no fees, but withdrawals have a maximum transaction amount of USD 50,000 per transaction and Neteller withdrawals have a minimum fee of USD 1.00 per transaction. DotPay withdrawals have a maximum transaction amount of PLN 200,000 with no associated withdrawal fees.
Deposit
Credit Card/Debit Card | Deposit Fees | Maximum transaction amount |
VISA | USD 50,000 per transaction | |
MasterCard | USD 50,000 per transaction | |
Maestro | USD 50,000 per transaction | |
Bank Wire | Deposit Fees | |
Bank wire | Depends on the corresponding and intermediary banks. IronFX does not apply any fees. | |
Skrill | Deposit Fees | Maximum transaction amount |
USD 50,000 per transaction | ||
Neteller | Deposit Fees | Maximum transaction amount |
USD 50,000 per transaction | ||
DotPay | Deposit Fees | Maximum transaction amount |
PLN 200,000 |
Withdraw
Credit Card/Debit Card | Withdrawal Fees | Maximum transaction amount |
VISA | up to EUR 1.5 per transaction | USD 50,000 per transaction |
MasterCard | up to EUR 1.5 per transaction | USD 50,000 per transaction |
Maestro | up to EUR 1.5 per transaction | USD 50,000 per transaction |
Skrill | Withdrawal Fees | Maximum transaction amount |
1% capped to USD 10,000 | USD 50,000 per transaction | |
Neteller | Withdrawal Fees | Maximum transaction amount |
2% capped to USD 30.00 / minimum USD 1.00 per transaction | USD 50,000 per transaction | |
DotPay | Withdrawal Fees | Maximum transaction amount |
N/A | PLN 200,000 |
Advantages | Disadvantages |
N/A | Lack of educational resources |
N/A | No access to trading guides |
N/A | No webinars or seminars |
N/A | No trading videos or tutorials |
N/A | No market analysis or news updates |
IronFX does not offer any educational resources to its clients, which can be a significant disadvantage for beginner traders who are looking to improve their trading skills and knowledge. The lack of trading guides, webinars, seminars, trading videos, and tutorials can make it difficult for traders to understand how the financial markets work and how to trade successfully. Additionally, without access to market analysis or news updates, traders may struggle to stay informed about the latest developments in the financial markets, which could impact their trading decisions. Overall, the absence of educational resources can limit the potential of traders and make it challenging to stay competitive in the financial markets.
Advantages | Disadvantages |
24/5 support line | No 24/7 support |
Email support with response within 24 hours on business days | No live chat support |
IronFX offers customer care services through email support and a support line that is available to answer calls 24/5. Customers can expect to receive a response within 24 hours during business days when they send an email to the support team. However, there is no live chat support available, and the customer care services are not available 24/7. Also, the language support provided is limited, which may be a disadvantage for some customers.
Overall, IronFX is a well-established and regulated online brokerage firm offering a wide range of trading instruments, including forex, metals, indices, commodities, and shares, to its clients. The company offers multiple account types and trading platforms, catering to the needs of different types of traders. It also provides its clients with access to various deposit and withdrawal options, as well as a dedicated customer support team. However, the lack of educational resources and limited research tools may make it less suitable for novice traders. Additionally, the high minimum deposit requirement and relatively high fees may make it less accessible for some traders. Nonetheless, IronFX's strong regulation, multiple trading instruments, and flexible account options make it a competitive choice for experienced traders.
Question: What is the maximum leverage offered by IronFX?
Answer: IronFX offers a maximum leverage of up to 1:30.
Question: What trading platforms are available at IronFX?
Answer: IronFX offers both MT4 and WebTrader trading platforms for its clients.
Question: What are the available deposit methods at IronFX?
Answer: IronFX offers deposit methods such as credit/debit card (Visa, Mastercard, Maestro), bank wire, Skrill, Neteller, and DotPay.
Question: Does IronFX charge any deposit fees?
Answer: IronFX does not apply any deposit fees for bank wire transfers, Skrill, Neteller, and DotPay. However, deposit fees may apply for credit/debit card transactions.
Question: What are the available withdrawal methods at IronFX?
Answer: IronFX offers withdrawal methods such as credit/debit card (Visa, MasterCard, Maestro), Skrill, Neteller, and DotPay.
Question: Does IronFX offer any educational resources for traders?
Answer: Unfortunately, IronFX does not offer any educational resources for traders.
Question: What is the customer support availability at IronFX?
Answer: IronFX offers email support with a response time of 24 hours on business days, and a support line available 24/5 to answer client calls.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive spreadex and ironfx are, we first considered common fees for standard accounts. On spreadex, the average spread for the EUR/USD currency pair is -- pips, while on ironfx the spread is 0.3.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
spreadex is regulated by FCA. ironfx is regulated by FCA,FSCA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
spreadex provides trading platform including -- and trading variety including --. ironfx provides trading platform including ABSOLUTE ZERO,ZERO SPREAD,NO COMMISSION ,ZERO FIXED,VIP,PREMIUM ,STANDARD and trading variety including --.