Comparison IronFX vs Plus500
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IronFX vs Plus500. Is IronFX or Plus500 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of IronFX on regular transactions of the stock exchange is spreads from 0.3 pips, commissions of 0.10%, and Plus500 has a commission fee of from 0.45%. For trading in Forex, the commission fee of IronFX is from 0.5 pips, while the commission fee of Plus500 is from 0.6 pips. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: spreads from 0.04 pips and from 0.03% for IronFX and Plus500, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IronFX and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided by Plus500. Concerning the platforms, IronFX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Plus500 uses Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. And Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. We can withdraw funds from IronFX with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Plus500 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. The time for withdrawal in IronFX is 1 - 5 business days, and that one in Plus500 is 1-2 working days.
Overall, IronFX boasts 4.8 stars versus Plus500 4 stars.