IronFX
World Forex Review
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Overview
IronFX was founded in 2010 and is headquartered in Cyprus, while World Forex Review was established in 2008 and is based in Vanuatu. IronFX holds licences including Financial Conduct Authority (FCA), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. IronFX serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $500 at IronFX and $100 at World Forex Review.
| Feature | IronFX | World Forex Review |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2010 | 2008 |
| Country | Cyprus | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IronFX and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $500 at IronFX). World Forex Review charges withdrawal fees while IronFX does not, giving IronFX an edge for frequent withdrawers. IronFX charges deposit fees; World Forex Review does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | IronFX | World Forex Review |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
IronFX offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IronFX supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | IronFX | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IronFX and World Forex Review compare. World Forex Review runs regular live webinars; IronFX does not. Both provide video tutorials. World Forex Review publishes daily market commentary; IronFX does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | IronFX | World Forex Review |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | IronFX | World Forex Review |
|---|---|---|
| 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 IronFX and World Forex Review 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 | IronFX | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |