Compare Alpaca Trading vs IronFX


Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against IronFX!

Alpaca Trading vs IronFX
overall rating
4.6
4.0
overall pros
  • Great API trading service
  • Free stock & ETFs
  • Fantastic charting tools
  • Low fees
  • Great deposit and withdrawal
  • User-friendly account opening
overall cons
  • Customer support limited to email
  • Limited deposit and withdrawal options
  • Only US stocks and ETFs available
  • Poor customer support
  • Only forex and CFD products
  • Limited educational tools
fees
4.9
  • Commission-Free Stock and ETF Trading
  • No inactivity fee
  • No withdrawal fee
4.4
  • Low trading fees
  • No withdrawal fee
  • No inactivity fee
  • Higher stock CFD fees
account opening
4.8
  • Fast
  • Fully digital
  • No minimum deposit
  • Bit complex process for integrating third-party tools
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slower account verification
deposit and withdrawal
1.8
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
5.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
3.7
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • No price alerts
  • Limited customizability
  • Limited search function
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Order confirmation
  • Poor search function
  • No price alerts
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
  • Limited order types
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.1
  • Stock
  • ETF
1.8
  • Forex
  • CFD
research
5.0
  • Access to highly functional API
  • Great charting tools
  • Data on asset fundamentals
  • No trading ideas
2.3
  • Great analysis written by IronFX experts
  • No fundamental data available
  • Poor design of charting tools
  • Poor quality news feeds
customer service
1.9
  • Great Slack and community forums
  • Email support
  • No phone support
  • No live chat
  • Mediocre email support
1.5
  • Great email support
  • No 24/7 support
  • Slow live chat
  • No response on the phone
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Negative balance protection
  • FCA-regulated
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Traders interested in algorithmic stock rading Forex and CFD traders familiar with the MetaTrader 4 trading platform
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