afx group
IronFX
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while IronFX was established in 2010 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. afx group serves 14,000,000+ clients worldwide; IronFX has 10,000+. The minimum deposit is $250 at afx group and $500 at IronFX.
| Feature | afx group | IronFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2013 | 2010 |
| Country | Geneva | Cyprus |
| Clients | 14,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between afx group and IronFX, directly affecting your bottom line as a trader. afx group has a lower barrier to entry with a minimum deposit of $250 (vs $500 at IronFX). Neither broker charges withdrawal fees. IronFX charges deposit fees; afx group does not. Overall, afx group scores higher on fees in our assessment.
| Feature | afx group | IronFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
afx group 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 afx group does not offer. The two brokers are closely matched on platform offering.
| Feature | afx group | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 afx group and IronFX compare. afx group runs regular live webinars; IronFX does not. Both provide video tutorials. afx group publishes daily market commentary; IronFX does not. Both integrate third-party research tools. afx group maintains an archive of past webinars for on-demand viewing. afx group scores higher overall in education and research.
| Feature | afx group | 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. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while IronFX supports 2 (bank transfer, credit/debit card). afx group uniquely supports PayPal and Skrill and Neteller among the two brokers. afx group scores higher on deposit and withdrawal flexibility.
| Feature | afx group | IronFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and IronFX offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and IronFX supports 2, giving afx group broader global reach. Both brokers are comparable on support quality.
| Feature | afx group | IronFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |