FXCM vs IronFX: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFXCMIronFX
Licence Score72Strong50Moderate
Strongest licence 1 Tier 1 2 Tier 2
Licences on record43
1 FCA United Kingdom Licensed · FRN 217689—
1 ASIC Australia Licensed—
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa LicensedLicensed
3 BMA Bermuda —Licensed
Founded19992010
HeadquartersUnited KingdomCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, TradingViewMT4
Minimum depositUS$50US$100
VisitVisit siteVisit site

Frequently asked questions

Is FXCM or IronFX better regulated?

FXCM has the higher Licence Score (72 vs 50), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXCM and IronFX?

Both are matched to licences from CySEC and FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.