B

Ayrex

4.6/10
IronFX logo

IronFX

6.5/10
5/10RegulationWinner9/10
0/10FeesTied0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ayrex was founded in 2016 and is headquartered in Cyprus, while IronFX was established in 2010 and is based in Cyprus. Ayrex holds licences including Cyprus Securities and Exchange Commission (CySEC), while IronFX is regulated by Financial Conduct Authority (FCA) among others. Ayrex serves 10,000+ clients worldwide; IronFX has 10,000+. The minimum deposit is $250 at Ayrex and $500 at IronFX.

IronFX wins this category
FeatureAyrexIronFX
Min. Deposit$250$500
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Founded20162010
CountryCyprusCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ayrex and IronFX, directly affecting your bottom line as a trader. Ayrex has a lower barrier to entry with a minimum deposit of $250 (vs $500 at IronFX). Ayrex charges withdrawal fees while IronFX does not, a notable advantage for frequent withdrawers. Ayrex charges deposit fees; IronFX does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAyrexIronFX
Min. Deposit$250$500
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Ayrex 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 Ayrex does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAyrexIronFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid ,iPhone,Mac,iPadeMT4, 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 Ayrex and IronFX compare. IronFX has a video library; Ayrex does not. IronFX integrates third-party research tools (Autochartist); Ayrex does not. IronFX scores higher overall in education and research.

IronFX wins this category
FeatureAyrexIronFX
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ayrex 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.

Tied
FeatureAyrexIronFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ayrex 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.

Tied
FeatureAyrexIronFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese