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For a function \\(f:S\\to S\\) its \\(k\\)-th iterate is denoted by \\(f^{k}\\). The author investigates the iterative functional equation \\N\\[\\lambda_1H_1 f(x)+\\lambda_2H_2 f^{2}(x) +\\dots+\\lambda_nH_n f^{n}(x) = F(x), \\tag{1}\\] \\Nwhere \\(H_1=\\mathrm{id}\\) and \\(F,H_2,\\dots, H_n:S\\to S\\) are continuous nondecreasing convex functions; \\(\\lambda_1,\\dots ,\\lambda_n\\) are reals.\\N\\NTwo theorems are proved. \\N\\NTheorem 1. Assume that \\(\\lambda_1<0\\) and \\(\\lambda_j>0\\) for \\(2\\le j\\le n\\). Let \\(g,h:S\\to S\\) be continuous nondecreasing convex functions such that \\(g(x)\\le h(x)\\), \\N\\[ \\lambda_1H_1 g(x) +\\lambda_2H_2 g^{2}(x) +\\dots+\\lambda_nH_n g^{n}(x) \\le F(x), \\] and \\N\\[ \\lambda_1H_1 h(x) +\\lambda_2H_2 h^{2}(x) +\\dots+\\lambda_nH_n h^{n}(x) \\ge F(x) \\] for all \\(x\\in S\\).\\NThen Equation (1) has a continuous nondecreasing convex solution \\(f:S\\to S\\) such that \\(g(x)\\le f(x)\\le h(x)\\,\\, x\\in S\\).\\N\\NTheorem 2 contains results of similar nature as Theorem 1 but for higher order convex solutions of Equation (1).\\N\\NExamples for both theorems show the applicability of the results. The theorems of the author extend and generalize results of \\textit{T. 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