IronFX

3.5(950)

CySEC/FCA

Orbex

3.7(440)

CySEC

IronFX vs Orbex

Head-to-Head Comparison 2026

Our Verdict

Orbex has a higher rating of 3.7/5 compared to IronFX (3.5/5). The minimum deposit is lower at IronFX with 50 $. IronFX has been in the market since 2010, making it the more experienced provider. On spreads, IronFX offers EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot, while Orbex offers EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn. Orbex charges no inactivity fee, while the other does.

Comparison Table

Criteria	IronFX	Orbex
Rating	3.5/5 (950 reviews)	3.7/5 (440 reviews)✓
Regulation	CySEC/FCA	CySEC
Fees	from 0.0 pips (STP/ECN) + commission, from 1.6 pips (Standard)	from 0.0 pips (Raw account) + $5 commission per lot
Min. Deposit	50 $	200 $
Instruments	Forex, CFDs, Indices, Commodities, Stocks CFDs, Futures	Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs
Platforms	MT4, IronFX WebTrader, IronFX App	MT4, Orbex App
Options Trading	No	No
Spread (typical)	EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot	EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn
Inactivity Fee	Up to $30/quarter after 90 days of inactivity	None
Founded	2010	2011
Headquarters	Limassol	Limassol

Detailed Comparison

Fee Comparison

IronFX: from 0.0 pips (STP/ECN) + commission, from 1.6 pips (Standard). Minimum deposit: 50 $. Spread: EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot. Inactivity fee: Up to $30/quarter after 90 days of inactivity.

Orbex: from 0.0 pips (Raw account) + $5 commission per lot. Minimum deposit: 200 $. Spread: EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn.

Product Range

IronFX (6 categories)

ForexCFDsIndicesCommoditiesStocks CFDsFutures

Orbex (6 categories)

ForexCFDsIndicesCommoditiesStocks CFDsCrypto CFDs

Trading Platforms

IronFX

MT4
IronFX WebTrader
IronFX App

Orbex

MT4
Orbex App

Regulation & Security

IronFX is regulated by CySEC/FCA (HQ: Limassol).

Orbex is regulated by CySEC (HQ: Limassol).

Who Is It For?

IronFX

Global Forex and CFD broker with multiple account types and STP/ECN access

✓ CySEC and FCA-regulated

✓ Multiple account types (Floating, Fixed, STP/ECN)

✓ Over 500 financial instruments available

✗ Mixed customer reviews in the past

✗ Spreads on Standard account relatively high

Orbex

CySEC-regulated Forex and CFD broker with focus on education and analysis

✓ CySEC-regulated with EU deposit protection

✓ Extensive educational resources and daily analyses

✓ ECN execution on Raw account

✗ Minimum deposit of $200

✗ Only MT4 available, no MT5 or cTrader

Frequently Asked Questions

Is IronFX or Orbex cheaper?

IronFX charges from 0.0 pips (STP/ECN) + commission, from 1.6 pips (Standard). Orbex charges from 0.0 pips (Raw account) + $5 commission per lot. The minimum deposit is 50 $ at IronFX and 200 $ at Orbex.

Which broker offers more products: IronFX or Orbex?

IronFX offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Futures. Orbex offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs.

Which broker is better regulated?

IronFX is regulated by CySEC/FCA. Orbex is regulated by CySEC.

Is IronFX or Orbex better for beginners?

IronFX has a minimum deposit of 50 $ and offers MT4, IronFX WebTrader, IronFX App as platforms. Orbex has a minimum deposit of 200 $ and offers MT4, Orbex App. IronFX has the lower entry barrier.

IronFX vs Orbex: Which broker is better overall?

The choice between IronFX (3.5/5, 950 reviews) and Orbex (3.7/5, 440 reviews) depends on your needs. IronFX: Global Forex and CFD broker with multiple account types and STP/ECN access. Orbex: CySEC-regulated Forex and CFD broker with focus on education and analysis.

How do spreads compare between IronFX and Orbex?

IronFX offers typical spreads of EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot. Orbex offers EUR/USD from 1.5 pip (Standard), 0.1 pip (Ultra/ECN) + $7.00 per lot round turn. Tighter spreads reduce trading costs especially for active trading.

Do IronFX or Orbex charge an inactivity fee?

IronFX: Up to $30/quarter after 90 days of inactivity. Orbex: no inactivity fee.

IronFX

Global Forex and CFD broker with multiple account types and STP/ECN access

Open Account →

From 50 $ min. deposit

Orbex

CySEC-regulated Forex and CFD broker with focus on education and analysis

Open Account →

From 200 $ min. deposit

IronFX read review →Orbex read review →