Capital.com vs IronFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Capital.com vs IronFX.
Can I trust Capital.com?
Capital.com has a trust score of 87, giving it a "Trusted" trust label. Here's what each trust score label means:
- "Highly Trusted" (90-99) - These brokers are considered the most trustworthy firms in the industry. Simply put, we would not hesitate to open and fund an account with a Highly Trusted broker.
- "Trusted" (80-89) - These brokers are reliable and trustworthy. "Trusted" firms are a solid choice, and may simply hold fewer regulatory licences or feature different corporate structures than those brokers that have earned our top Trust Score rating.
- "Average Risk" (70-79) - Average Risk brokers are firms we generally consider to be safe, but that may warrant a closer inspection before you open and fund a live trading account. At the least, we always encourage traders to check the regulatory licenses for Average Risk firms to verify that they are regulated in their own country of residence.
- "High Risk" (60-69) - High-risk firms should be scrutinized and carefully reviewed before opening an account. These forex brokers are – in most cases – operating without credible regulatory licensing, and likely have a history of legal or financial issues. Before considering an account with a high-risk firm, we recommend checking our country guides for your country of residence to see if a more trusted broker is available.
- "Do Not Trust" (<59) - We do not recommend opening an account of any kind with a broker that earns a “Do Not Trust” rating.
Can I trust IronFX?
IronFX has a trust score of 84, giving it a "Trusted" trust label.
Is Capital.com a good broker?
Capital.com delivers an innovative trading platform, powerful market research, and an impressive array of educational content. Traders at Capital.com gain access to a growing number of tradeable markets, and the broker's competitive pricing puts it in the same category as the best low-cost forex brokers. Capital.com offers a mobile trading app as well as a dedicated app for education (and fans of MetaTrader can use the MT4 app). Despite holding fewer regulatory licenses than some of the best forex brokers, Capital.com holds a Trust Score rating of 87 and provides a strong offering for beginners and experienced forex traders.
Is IronFX a good broker?
Founded in 2010, IronFX is a trusted forex broker that holds licenses in multiple reputable regulatory jurisdictions, boosting its overall Trust Score. Traders at IronFX gain access to MetaTrader 4 and the broker's proprietary TradeCopier platform for social copy trading. The broker has also done a nice job putting together decent educational materials for beginner forex traders. That said, spreads at IronFX are higher than the industry average.
What Tier-1 jurisdictions is each broker regulated in?
Tier-1 regulators go above and beyond by requiring additional capital requirements, checking in on brokers more frequently, and putting brokers through a tougher screening process. both Capital.com and IronFX are Australia (ASIC Authorised) and United Kingdom (U.K.) (FCA Authorised).. Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)
What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?
Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, both Capital.com and IronFX are Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), South Africa (FSCA Authorised), Thailand (SEC Authorised) and UAE (DFSA/Central Bank Authorised). When comparing tier-3 licenses Capital.com is Bahamas (SCB Authorised), while IronFX is Bermuda (BMA Authorised).. Neither have Belize (FSC Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).
Which broker offers more trading platforms?
For trading platforms Capital.com supports a Proprietary Platform and Desktop Platform (Windows), whereas IronFX supports a Desktop Platform (Windows).. Neither have cTrader, DupliTrade and ZuluTrade
Does Capital.com offer MetaTrader? Does IronFX offer MetaTrader?
Both Capital.com and IronFX offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.. Neither have MetaTrader 5 (MT5)
How do Capital.com and IronFX differ in terms of minimum deposit? What about average spreads and funding options?
Capital.com requires a minimum deposit of $20, while IronFX requires a minimum deposit of $50. From our testing we found Capital.com offers spreads of 0.65, while IronFX offers spreads of 1.2. Capital.com supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for popular funding options, where IronFX supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw).
Which broker offers more tradeable asset classes, Capital.com or IronFX?
Capital.com offers a more diverse selection of investment options than IronFX allowing you to trade Forex Trading (Spot or CFDs), Spread Betting, Metals, Energies, Agriculturals, ETF and U.S. Stocks (CFD). Looking at total tradeable symbols, Capital.com has 3119, compared to 340 from IronFX.
Can I trade cryptocurrency with Capital.com or IronFX?
Crypto trading is popular with forex traders. Most crypto assets are offered either as the underlying physical asset or as a CFD or other derivative — including spot forex contracts. In terms of trading physical cryptocurrency neither Capital.com nor IronFX allow you to trade physical cryptocurrencies.
Who offers more research tools, Capital.com or IronFX?
In terms of research and research tools Capital.com gives traders the following tools: Daily Market Commentary, Stock Charts and Forex News (Top-Tier Sources). In comparison IronFX has the tools listed here: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources), Trading Central (Recognia) and Social Trading / Copy Trading.. Neither have Autochartist
Overall winner: Capital.com
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.