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Stain is meant to be absorbed by the porous wood, allowing some of the natural grain to show through. With that in mind, you don’t want to add more stain than the wood can absorb, as you risk covering up its natural markings. Generally, two coats is the maximum you should do, although very dense hardwoods may only be able to take a single coat.

A five-gallon bucket of deck stain will cover roughly 875 square feet in a single coat. Actual coverage will vary based on the type of wood you’re staining and the number of coats. If you plan on doing multiple coats, multiply the square footage by the number of coats to calculate how many buckets of stain you’ll need.

Acrylic latex paint is the best option to use on your outdoor wrought iron fence, because it holds up well against the elements. Use a high-quality, exterior-grade paint specifically designed for use on metal. You can choose between spray paint or regular liquid paint. As for primer, it's best to use an oil-based and rust inhibiting option before painting your wrought iron fence.

Applying a sealer or topcoat after staining wood is highly recommended, though not always strictly required. A sealer protects the wood from moisture, UV rays, and weather-related issues, which is especially important for outdoor surfaces like decks and fences. It also enhances the stain's durability, prevents fading over time, and gives the wood a cleaner, more professional-looking finish. For some indoor applications, a sealer may not be necessary, depending on the type of stain used and the level of protection needed. It's always best to check the stain manufacturer's recommendations and consider the wood's intended use and exposure when deciding whether to apply a sealer.