IronFX
Markets.com
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Overview
IronFX was founded in 2010 and is headquartered in Cyprus, while Markets.com was established in 2008 and is based in Cyprus. IronFX holds licences including Financial Conduct Authority (FCA), while Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. IronFX serves 10,000+ clients worldwide; Markets.com has 10,000+. The minimum deposit is $500 at IronFX and $250 at Markets.com.
| Feature | IronFX | Markets.com |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2010 | 2008 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IronFX and Markets.com, directly affecting your bottom line as a trader. Markets.com 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; Markets.com does not. Overall, Markets.com scores higher on fees in our assessment.
| Feature | IronFX | Markets.com |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
IronFX offers MT4, MT5, cTrader, while Markets.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | IronFX | Markets.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IronFX and Markets.com compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | IronFX | Markets.com |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IronFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Markets.com supports 3 (bank transfer, credit/debit card, PayPal). Markets.com uniquely supports PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | IronFX | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 IronFX and Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. IronFX supports 2 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | IronFX | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |