Advanced Global Markets
IronFX
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while IronFX was established in 2010 and is based in Cyprus. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while IronFX is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; IronFX has 10,000+. Both brokers share the same minimum deposit of $500.
| Feature | Advanced Global Markets | IronFX |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 1992 | 2010 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and IronFX, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. Advanced Global Markets charges withdrawal fees while IronFX does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; IronFX does not. The two brokers are broadly comparable on fee structure.
| Feature | Advanced Global Markets | IronFX |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while IronFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IronFX supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | IronFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and IronFX compare. Advanced Global Markets runs regular live webinars; IronFX does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; IronFX does not. Both integrate third-party research tools. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | IronFX |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IronFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | IronFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and IronFX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | IronFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |