IronFX

IronFX

4.7 out of 5 stars
XM

XM

XM Group
4.7 out of 5 stars
IronFX XM

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IronFX:

About

IronFX is a leading international brokerage operating as the trade name of Notesco Limited. The global online forex broker has been recognised internationally with more than 40 prestigious industry awards. IronFX has grown exponentially, and it currently has more than 1.5 million traders across 180 countries worldwide! 🚀 It provides secure and reliable access to financial markets through its cutting-edge trading platforms, including the industry standard MetaTrader 4, WebTrader, IronFX mobile trading app, IronFX Web Trader app, and TradeCopier.Traders can also enjoy fast and reliable execution with VPS Hosting. A PMAM platform for managing multiple accounts is also available and is ideal for account managers.
XM:

About

XM Group is an internationally established trading and investment firm, with over 20 million clients, from over 190 countries. Armed with multiple international licenses, XM offers competitive services for retail traders, investors, and affiliates. With over 15 years of serving clients, XM has proven to be fair, trustworthy, and dependable. Traders can access over 1,400 instruments on more than 10 platforms, including the XM App. The award-winning broker is known for low-cost accounts, excellent support, and outstanding live education.
IronFX:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
XM:

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported
IronFX:

Audience

Anyone interested in an online trading platform
XM:

Audience

Institutions, organizations and individuals searching for a solution to trade over 1400 different instruments
IronFX:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
XM:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
IronFX:

API

Offers API Not Supported
XM:

API

Offers API Not Supported
IronFX:

Screenshots and Videos

XM:

Screenshots and Videos

IronFX:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
XM:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
IronFX:

Reviews/Ratings

Overall 4.7 / 5
ease 4.7 / 5
features 4.6 / 5
design 4.6 / 5
support 4.5 / 5
XM:

Reviews/Ratings

Overall 4.7 / 5
ease 4.7 / 5
features 4.7 / 5
design 4.7 / 5
support 4.7 / 5
IronFX:

Pros & Cons from Real Users

Pros

  • Familiar setup on MT4 and many features that the broker brought to help me. The most notable was ofc trading central market insights.
  • many accounts for types of trading many instruments from different markets copy trading for beginners.
  • Nice tradecopier, based on MT4. Trading conditions, especially ECN based accounts with better execution and zero spreads.
  • It has MT4, theres plenty of info about it online, but I will give our experience. Basically, its endless charting, with tons of customizability in everything. The UI colors are the only thing that lacks customization. Otherwise, can create automated strategies, trailing stops, and expert-advisors for anything and everything.
  • trend tools work well. Doing M30 with MACD crosses on gold CFDs. works well enough.

Cons

  • Strange that support didn’t work on weekends. I tried to contact them a few times, but they were silent.
  • only mt4 platform no pamm accounts or smth like that
  • Setting up MT4 to make it good will take some time. In the end it was worth the effort.
  • Has only mt4, so if you dont like that, tough luck. Also MT4 WebTrader is a bit disappointing to me, not that many features.
  • Spreads on exotic pairs widen on news.
XM:

Pros & Cons from Real Users

Pros

  • xm platform feels great. I trade only on it ultra low account has lower costs compared to the competitors
  • Wanted to diversify fund and try new things like copy trading on xm. I felt like i was choosing some shares with ther own performance. I could win rate drawdowns and pick to invest.
  • Speed mattered to me much and they delivered. Orders got filled without rejections, payments approved automatically.
  • Ultra low account spreads of course. Professional support, not just bots. Useful features to find on the web platform.
  • It was nice having spreads below 1 pip and at sertain times close to 0.4-0.5 pips. Very important for my trading strategy, focused on forex scalping.

Cons

  • can’t connect xm trading platform to my chatbot in any way
  • Some of them thou had very high fees up to 50%. But the average was around 25% which was also not low.
  • Wasn’t fun of their web traders really… Charting is top-tier, but indicators and tools are limited. Not a fan of MT platforms either.
  • No bonus on ultra low accounts. Not much payment methods. No local options.
  • Unfortunately, they don’t offer any bonuses on this account. It was sad, because it would serve as additional motivation for me.
IronFX:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
XM:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported
IronFX:

Company Information

IronFX
Founded: 2010
Bermuda
www.ironfx.com/en/
XM:

Company Information

XM Group
www.xm.com
IronFX:

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XM:

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OctaFX

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IronFX:
XM:
IronFX:

Categories

XM:

Categories

Currency Exchange Supported
Forex Trading Supported
IronFX:

Integrations

MetaTrader 4 Not Supported
MetaTrader 5 Not Supported
XM:

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
IronFX:
Claim IronFX and update features and information
Claim IronFX and update features and information
XM:
Claim XM and update features and information
Claim XM and update features and information