IronFX Review 2024

What is IronFX?

IronFX is a globally operating online CFD broker. It was founded in 2010 and is headquartered in Limassol, Cyprus. The company provides trading instruments and services to both retail and institutional clients in over 180 countries. IronFX offers trading in a wide range of assets, including currency pairs, contracts for difference (CFDs), commodities, indices, futures, shares, gold, silver, and oil. The company provides access to a highly diversified range of trading instruments from 6 different asset classes. Since its inception, IronFX has received over 40 worldwide forex awards. In 2011, the European CEO recognized IronFX as the Fastest Growing FX Broker, and World Finance named the company Best FX Newcomer. In 2013, IronFX launched an office in Australia and was licensed by the Australian Securities and Investments Commission (ASIC), as well as the Financial Conduct Authority (FCA) in the United Kingdom. IronFX offers various account types with competitive pricing, including spreads from zero on STP/ECN accounts. Leverage varies by regulator between 1:30 and 1:1000. The company also provides customer services in over 30 languages. IronFX has been recognized for its educational efforts, receiving the Best Forex Educators award from the UK Forex Awards in 2015. The company also provides a mobile trading app, allowing clients to trade on the go. In addition to its forex trading services, IronFX has made strides in the cryptocurrency space. In 2018, the company was recognized by Wealth & Finance for Best Cryptocurrency Trading Platform. Please note that all trading involves risk, and it is possible to lose all your capital.

What is the Review Rating of IronFX?

What are the Pros of IronFX?

IronFX is a well-established online trading broker that offers a variety of advantages to its users. Here are some of the key benefits:. Wide Range of Trading Assets: IronFX provides over 500 trading assets. , including forex, commodities, spot metals, spot indices, futures, and shares. This wide range of options gives traders the flexibility to diversify their portfolio and find the assets that best suit their trading strategy. Competitive Spreads: IronFX offers competitive spreads as low as 0.0 pips. In the commission-free Absolute Zero account, minimum spreads for major currency pairs are between 0.3 and 0.5 pips. , making it one of the most competitively priced trading account types. Regulated Broker: IronFX is regulated by multiple entities including CySEC, FCA, and FSCA. This regulatory status ensures that traders’ funds are protected and that the broker operates under strict guidelines. Experienced Broker: With over 10 years of experience and more than 1.5 million clients worldwide. , IronFX has established itself as a trusted broker in the forex trading industry. Quality Education for Beginners: IronFX provides quality education resources for beginners. , making it a suitable choice for those new to forex trading. Multilingual Customer Support: IronFX offers round-the-clock customer support in over 45 different languages. , ensuring that traders around the world can get the help they need when they need it. Advanced Trading Platforms: IronFX provides access to the trusted MT4 trading platform. , as well as their proprietary platform. These platforms offer a range of features and tools to help traders analyze the market and execute trades. Social Trading: IronFX offers social trading via its AutoTrade platform. , allowing traders to follow and copy the trades of successful traders. This can be a great way for beginners to learn from experienced traders. Please note that while IronFX offers many advantages, it’s important for each trader to consider their individual trading needs and goals before choosing a broker. Always perform your own due diligence before opening a trading account.

What are the Cons of IronFX?

IronFX, a leading Forex and CFD broker since 2010, has some aspects that traders might find less appealing. Here are some of the cons:. Site Transparency: IronFX’s site transparency could be better. It’s crucial for traders to have clear and comprehensive information about the broker’s services, fees, and policies. A lack of transparency can make it difficult for traders to make informed decisions. Limited Customer Support Options: IronFX offers customer support in multiple languages, which is a plus. However, the options for customer support are limited. This could potentially lead to delays in resolving issues or getting answers to queries, which can be frustrating for traders. Lack of Commission-Free Account Option: IronFX does not offer a commission-free account option. This means that traders will have to pay a commission on trades, which can add to the cost of trading and reduce profitability. Complex Trading Features: Some of IronFX’s trading features can be complex, especially when trading on mobile or using the IronFX online trading platform. This could pose challenges for less experienced traders or those who prefer a more straightforward trading experience. No Equities Trading Other Than CFDs: IronFX does not offer trading in equities and options besides the share CFDs. This lack of diversity in trading options might disappoint stock and options traders. Does Not Accept U.S. Clients: IronFX does not accept clients from the United States. This geographical restriction limits the broker’s reach and excludes potential traders based in the U.S. These points should be taken into consideration by anyone thinking about trading with IronFX. It’s always important to thoroughly research and consider the pros and cons of any broker before deciding to open an account.

What are the IronFX Current Promos?

IronFX is currently offering a variety of promotions and bonuses to enhance the trading journey of their clients and increase their chances of trading successfully. Global Trading Race IronFX’s 2nd Global Trading Race is taking place over 3 months, commencing on 2 October 2023 and concluding on 31 January 2024. Traders from across the globe will have the opportunity to demonstrate their trading skills as they compete for incredible prizes, including luxury cars and substantial cash prizes, all from an impressive total prize pool of $500,000. The competition unfolds in 3 exciting rounds, with a total of 33 lucky winners. In each round, the top trader will speed away with a luxury car, while the next 10 highest performers will be rewarded with significant cash prizes. To join the exciting Global Trading Race, traders simply need to open a competition account and meet the minimum deposit requirement for each round. Exceptional Trading Bonuses IronFX offers attractive Forex deposit bonuses to boost the trading experience of their clients. They incentivize and encourage new traders by offering deposit bonuses to all clients who open a trading account with them. By opening an account and depositing funds, clients can start trading and trying out new strategies and trading styles. Here are some of the bonuses they offer:. 100% Unlimited Sharing Bonus: Double your first deposit with the Sharing Bonus and enter the world of trading confidently. Please note that this bonus cannot be withdrawn. 40% Power Bonus up to $4,000: Get an exclusive deposit booster, created to ensure you can reach your highly settled trading goals. Please note that this bonus cannot be withdrawn. 20% Iron Bonus up to $2,000: Get the most out of the Iron Bonus, which will guarantee your straightforward entrance to the Forex market. Please note that this bonus cannot be withdrawn. Please note that all trading involves risk and it is possible to lose all your capital.

What are the IronFX Highlights?

IronFX Highlights are the features and benefits that make IronFX a leading online forex and CFD broker. IronFX offers a range of trading platforms, account types, bonuses, educational resources, and trading tools to suit the needs and preferences of different traders. Here are some of the highlights of IronFX:. Trading platforms: IronFX provides access to the popular and reliable MetaTrader 4 (MT4) platform, which offers advanced charting and indicator functions, live forex prices, and exclusive trading tools such as expert advisors. IronFX also offers a web-based platform called WebTrader, which allows traders to trade from any device with an internet connection. Additionally, IronFX has a mobile app for iOS and Android devices, which enables traders to trade on the go. Account types: IronFX offers two types of live accounts: Standard and Premium. The Standard account has no commission but higher spreads, while the Premium account has lower spreads but charges a commission per lot traded. Both accounts have variable or fixed spreads depending on the market conditions. IronFX also offers an exclusive STP Zero Spread account, which has zero spreads on selected currency pairs but charges a commission per lot traded. Bonuses: IronFX rewards its clients with various bonuses and promotions to enhance their trading experience and performance. Some of the bonuses include the Sharing bonus, which doubles the first deposit; the Power bonus, which increases the deposit by 40%; the Iron bonus, which doubles the deposit up to $2,000; and the IB Commission Bonus, which pays up to $1,000 for referring new clients. Educational resources: IronFX provides its clients with a wealth of educational materials and tools to help them improve their trading skills and knowledge. Some of the resources include IronFX Academy, which offers online courses on various topics related to forex and CFD trading; Trading Central Signals & Indicators, which provide real-time market analysis and guidance; Autochartist Scanner & Alerts, which scan the market for potential trading opportunities; and Trading Guides & Videos, which explain various aspects of forex and CFD trading. Trading tools: IronFX offers its clients access to various trading tools that can help them execute their trades faster and more efficiently. Some of the tools include Autochartist Scanner & Alerts (mentioned above), Trading Central Signals & Indicators (mentioned above), Economic Calendar & News Feed (which provide information on upcoming economic events and market sentiment), Market Watch & Analysis (which display live market data and commentary), Trade Terminal (which allows traders to place orders directly from their MT4 platform), Market Depth & Order Book (which show the supply and demand levels for each currency pair), Margin Calculator (which helps traders determine their margin requirements), Swap Calculator (which helps traders calculate their overnight fees), PAMM Service (which allows traders to manage multiple accounts with one manager), STP/ECN Service (which provides direct market access without requotes or slippage), Islamic Account Service (which complies with Sharia law by eliminating interest charges). . IronFX is a global online broker that has been in business since 2010. It is regulated by several authorities such as ASIC in Australia. , FCA in UK. , CySEC in Cyprus. , DFSA in Dubai. , FSCA in South Africa, IFSC in Belize, FSA in Japan, FSCA in Mauritius. It has offices in over 20 countries across Europe, Asia-Pacific, Africa, Middle East & Americas regions. It serves more than 500k clients worldwide from over 150 countries. IronFX is committed to providing its clients with a high-quality online forex and CFD trading experience. It strives to offer competitive pricing, fast execution speed, excellent customer service support via phone or email 24/5/365 , secure.

Is IronFX Legit and Trustworthy?

IronFX is a well-known name in the world of forex trading. Established in 2010, it has built a reputation as a trusted broker. IronFX is authorized and regulated by the Financial Sector Conduct Authority. , which adds to its credibility. IronFX has received positive reviews from its users. On Trustpilot, IronFX EU has an excellent rating of 4.3. Users have praised the platform for its fast software, full-fledged support, and the range of assets available for trading. Some users have also appreciated the diversity in account types offered by IronFX. However, like any platform, it has its limitations. Some users have mentioned that while the platform is good, it lacks diversity in trading conditions. Another user mentioned that they had to switch account types to suit their trading strategy. Despite these minor issues, users have generally reported a positive trading experience with IronFX. They have commended the company’s customer support, which is available in more than 30 languages. Users have also appreciated the range of assets offered by the company. In conclusion, based on user reviews and its regulatory status, IronFX appears to be a legitimate and trustworthy forex trading platform. However, as with any investment, it’s important to do your own research and consider your financial goals and risk tolerance before trading.

Is IronFX Regulated and who are the Regulators?

IronFX is indeed a regulated entity, demonstrating its commitment to the highest business standards and ethics by complying with national and international regulatory authorities. This compliance provides clients with confidence that their daily transactions will be processed with full security, transparency, and integrity. Financial Conduct Authority (FCA): IronFX is authorized and regulated by the Financial Conduct Authority (FCA) under Registration No 585561. The FCA regulates the financial services in the United Kingdom and promotes the financial industry’s stability as well as the security of customers. MiFID - Markets in Financial Instruments Directive: MiFID is the Markets in Financial Instruments Directive (Directive 2004/39/EC). This Directive governs the provision of investment services and activities within the European Economic Area. AFM – Authority for the Financial Markets: The AFM is the Authority for the Financial Markets in the Netherlands, which has started assuming responsibility for supervising the operations of the financial markets since the 1st of March 2002. IronFX is also licensed and/or authorised by the Australian Securities & Investment Commission (ASIC), and regulated in the European Union via the MiFID passporting system. IronFX complies with international regulatory standards and different entities in the group are authorised and regulated by the FCA (UK), FSCA (South Africa) and CySEC (Cyprus). In its ongoing global expansion, IronFX UK Limited is now authorised and regulated by the Financial Conduct Authority (FCA) – formerly the FSA, under the Registration No 585561. These regulations ensure that IronFX operates within a framework that guarantees the security and safety of its clients’ funds, making it a reliable choice for investors interested in forex trading. It’s always important for traders to choose a forex broker that adheres to regulatory standards, as this helps to ensure transparency and protect the interests of the traders.

Did IronFX win any Awards?

IronFX, a renowned name in the forex industry, has been recognized with over 40 prestigious international investing awards. This impressive collection of accolades, accumulated over the past decade, is a testament to IronFX’s commitment to continuous improvement in service and product offerings. The awards have set IronFX apart from its competitors in the forex industry. Since 2010, the brand has been recognized by major industry award bodies for its excellent services, including exceptional customer support, competitive trading conditions, and trading expertise. IronFX’s achievements include recognition as the Best Forex Educators in 2015. , the Most Trustworthy Forex Broker, and the Best Customer Service Provider. The company has also been named the Best Broker in CIS and Russia in 2014. , and the provider of the Best Forex Research Reports. In addition to these, IronFX has received several World Finance awards, including the Best STP/ECN Trading Broker in 2013, the Best CFD Trading Broker in Asia in 2013, the Best Customer Service Provider in Asia in 2013, and the Fastest Growing FX Provider in 2012. More recent recognitions include the Broker of the Year in 2019, the Most Trustworthy Forex Broker Global in 2019, the Best Online Trading & Financial Services Company in 2020, the Best Online Forex Trading Platform in 2021, the International Online Currency Trading Platform of the Year in 2021, and the Most Outstanding Online Trading Partners Program in 2022. IronFX’s commitment to excellence is further demonstrated by its offering of over 300 tradable instruments from 6 asset classes, ultra-low spreads starting from 0.0 pips, industry-standard MT4 and TradeCopier Platform, exclusive bonuses up to 100%, and educational material through the IronFX Trading School. In conclusion, IronFX’s impressive collection of awards and recognitions, coupled with its commitment to providing excellent services and a wide range of offerings, make it a distinguished player in the forex industry. The company’s continuous investment in products and services ensures that it remains at the forefront of the industry, setting the bar high for its competitors.

How do I get in Contact with IronFX?

IronFX, a global leader in online trading, offers multiple channels for clients to get in touch with their award-winning multilingual customer support team. The team is dedicated to providing the highest quality of service, ensuring an unmatched trading experience for all their clients. Email Support You can reach out to IronFX via email at support@IronFX.com. or support@IronFX.eu. They strive to respond to all queries within 24 hours on business days. Phone Support IronFX also provides phone support. You can contact them on the following numbers:. General Customer Support: +44 (0) 207 416 6670. Trading Desk: +44 (0)2033027222. Support Line: +357 25027212. Live Chat In addition to email and phone support, IronFX offers live chat support to assist clients in real-time. Other Channels For career-related inquiries, you can check their Careers Page. For frequently asked questions, you can visit their FAQ Page. Please note that trading involves risk and may not be suitable for everyone. Ensure you understand the risks involved before engaging in trading activities.

Where are the Headquarters from IronFX based?

IronFX, a renowned name in the world of forex trading, has its headquarters located in Limassol, Cyprus. This multi-asset broker provides trading instruments and services to retail and institutional clients in 180 countries. IronFX was founded in December 2010, after receiving its license from the Cyprus Securities and Exchange Commission (CySEC). Since its inception, IronFX has been recognized with over 40 worldwide forex awards. In 2011, it was recognized as the Fastest Growing FX Broker by the European CEO, and World Finance named the company Best FX Newcomer. In 2013, IronFX expanded its operations by launching an office in Australia and was licensed by the Australian Securities and Investments Commission (ASIC), as well as the Financial Conduct Authority (FCA) in the United Kingdom. The same year, IronFX received several awards, including the Best ECN Broker by Forex Expo and the Most Trustworthy Broker by Sina. IronFX is truly a global company with forex traders from across the world. It is proud to provide native customer support in over 45 languages. With 1.2 million retail clients worldwide, IronFX strives to meet and exceed its clients’ expectations by providing high-quality, multilingual support to ensure an unmatched trading experience. Please note that while some sources suggest that IronFX is located in London, England, United Kingdom. , the primary headquarters of IronFX is in Limassol, Cyprus.

What kind of Customer Support is offered by IronFX?

IronFX, a global leader in online trading, offers an award-winning customer support system that is designed to cater to clients across the world. Multilingual Support: IronFX takes pride in providing native customer support in over 45 languages. With 1.2 million retail clients worldwide, IronFX is a truly global company with forex traders from across the world. They strive to serve each client in their own language, offering timely and efficient support 24/5. Contact Methods: Clients can reach IronFX through various methods. They offer live chat support for immediate assistance. For queries that are not urgent, clients can send an email to support@IronFX.com and expect a response within 24 hours on business days. They also provide a support line for clients who prefer to speak directly with a customer service representative. Dedicated Team: IronFX’s customer support team is not only multilingual but also friendly, dedicated, and experienced. They are always ready to provide the necessary help to all their clients across the world. They strive to meet and exceed their clients’ expectations by going the extra mile. Additional Resources: Apart from direct support, IronFX also provides additional resources for self-help. They have a comprehensive FAQ page for clients to find answers to common questions. For those interested in joining the IronFX team, they can check the Careers page. In the dynamic and competitive arena of online trading, IronFX ensures that their traders are always supported by a friendly, dedicated, and experienced team. This commitment to high-quality, multilingual support ensures an unmatched trading experience for their clients.

Which Educational and Learning Materials are offered by IronFX?

IronFX offers a comprehensive suite of educational and learning materials designed to support traders at all levels. These resources are aimed at equipping traders with the necessary tools and knowledge to achieve their trading goals. Trading Educational School: This program provides traders with a wealth of trading resources and materials to sharpen their trading skills. It includes educational articles and trading strategies. Economic Calendar: This tool helps traders plan their trading strategies efficiently by keeping them informed about currency moving events, latest macroeconomic data, central banks’ events, and monetary policy reports. Financial News: Traders can stay up-to-date with the latest financial news, which can help them understand the markets better and plan their trading strategies. Forex Strategy Articles: These articles are designed to help traders understand the mechanics of trading and familiarise themselves with tried and tested trading strategies. Trading for Newbies: This section provides all the necessary information for beginners to start trading. Trading for Professionals: This section offers advanced information to enhance the trading skills of professional traders. Videos: IronFX offers exclusive videos that cover everything traders need to improve their trading. These videos are presented by leading experts. Forex Trading Glossary: This is a comprehensive glossary that helps traders understand complex trading terms. Webinars: IronFX also offers in-depth and expert FX knowledge through webinars. These webinars include understanding key forex strategies and terminology. In conclusion, IronFX provides a comprehensive suite of educational and learning materials that cater to both beginner and professional traders. These resources are designed to help traders understand the complexities of forex trading and develop successful trading strategies.

Can anyone join IronFX?

IronFX, a leading broker in online trading, offers opportunities for individuals to join and participate in forex trading. There are two main ways to get involved: as an individual trader or as an Introducing Broker (IB). Individual Traders. For those looking to start trading online as beginners, IronFX provides a comprehensive guide on how to start trading forex. The process involves five simple steps:. Select a Currency Pair: Forex trading involves exchanging the value of one currency for another, always traded in pairs. The first listed currency of a pair is the base currency, and the second one is the quote currency. Develop a Strategy: Every forex trader needs a trading strategy. This strategy should consider elements like money and time management, starting small, maintaining consistency, education, timing, and choosing the right stock. Analyse the Market: Before trading, it’s important to research the markets to make informed decisions. This can be done through technical and fundamental analysis. Introducing Brokers (IB). IronFX also offers an Introducing Brokers program, designed to meet the needs and expectations of potential partners, as well as maximize profits in a competitive market. Introducing Brokers, or IBs, are independent broker-dealers acting as agents whose task is to introduce new traders to a brokerage firm such as IronFX. IBs earn commissions calculated from the traded volume of the traders they introduced to the brokerage firm. To make their offerings more alluring, IBs often give market rebates to their clients, usually by sharing a percentage of their generated revenue with them. IronFX’s IB program also includes a monthly reward plan, offering cash rewards up to $1,000 per month based on qualifying net deposits, minimum trading volume, and the number of new clients. In conclusion, anyone can join IronFX, either as an individual trader or as an Introducing Broker. However, it’s important to note that all trading involves risk, and it’s possible to lose all your capital.

Who should sign up with IronFX?

IronFX is a multi-regulated broker that offers a wide range of trading opportunities, making it an attractive choice for various types of traders. Here are some categories of people who might find IronFX particularly beneficial:. Beginner and Intermediate Forex Traders: IronFX is a good choice for beginner and intermediate forex traders. They offer an extensive list of currencies with competitive spreads. Trading takes place on the MT4 or a proprietary platform with spreads from zero available to ECN accounts. IronFX offers more currency assets than virtually all competitors. Active Traders: The broker is focused on cooperation with active traders, regardless of their trading experience. IronFX serves individual as well as corporate clients from over 180 countries. Traders Interested in CFDs: IronFX offers CFD trading on forex, stocks, indices, and commodities. Their asset list of 300+ instruments are traded via CFDs. Spreads are floating and vary by account type, and maximum leverage from 1:30 to 1:1000 is available depending on your account location. Traders Looking for Copy Trading Opportunities: IronFX’s TradeCopier allows aspiring investors to copy the strategies of top traders in real-time. This can be particularly beneficial for beginners who are still learning about the market and developing their strategies. Partners and Affiliates: IronFX also offers exclusive packages with potential high returns for partners and affiliates. They get access to bespoke in-house resources and tools from IronFX’s world-class, globally recognized branding. In conclusion, IronFX is a versatile platform that caters to a wide range of traders, from beginners to experienced professionals, and even partners and affiliates. With its robust offerings and competitive conditions, it’s a platform worth considering for anyone interested in forex and other financial instruments trading.

Who should NOT sign up with IronFX?

IronFX is a well-known forex broker with a strong reputation in the industry. However, it may not be the right choice for everyone. Here are some types of traders who might want to consider other options:. Traders Seeking High Leverage: IronFX offers a range of leverage options, but they may not be as high as some traders would like. If you’re a trader who relies on high leverage to maximize your potential profits, you might find IronFX’s offerings somewhat limiting. Traders Looking for Diverse Trading Conditions: While IronFX provides a solid trading platform and a good range of assets, some traders have noted that it lacks diversity in its trading conditions. If you’re a trader who values a wide variety of trading conditions, you might find IronFX’s offerings to be somewhat lacking. Traders Who Prefer Multiple Trading Platforms: IronFX primarily offers the MetaTrader 4 platform. While this is a popular and reliable platform, some traders might prefer to have multiple platform options. If you’re one of them, you might want to consider a broker that offers a wider range of trading platforms. Traders with Specific Trading Strategies: Some traders have found that their specific trading strategies were not suitable for the type of account they initially opened with IronFX. If you have a specific trading strategy in mind, it’s important to ensure that the broker you choose can accommodate it. Traders from Certain Countries: IronFX is not available in certain countries, including the US, Iran, Cuba, Sudan, Syria, and North Korea. If you’re located in one of these countries, you won’t be able to trade with IronFX. Traders Who Value Consistent Communication: Some users have reported issues with communication when problems arise. If consistent communication is important to you, especially in times of trouble, you might want to consider this factor when choosing a broker. Remember, choosing a forex broker is a personal decision that should be based on your individual needs and circumstances. It’s always a good idea to do thorough research and consider multiple options before making a decision. Happy trading!.

Does IronFX offer Discounts, Coupons, or Promo Codes?

IronFX, a renowned player in the Forex trading industry, offers a variety of promotions, bonuses, and potentially even discounts to enhance the trading journey of their clients. Promotions and Competitions IronFX organizes exclusive trading competitions with unique rewards and cash prizes. One of the notable competitions is the Global Trading Race. This competition takes place over three months, with traders from across the globe competing for incredible prizes, including luxury cars and substantial cash prizes. The competition unfolds in three exciting rounds, with a total of 33 winners. Exceptional Trading Bonuses IronFX provides attractive Forex deposit bonuses to boost the trading experience. These bonuses are offered to all clients who open a trading account with IronFX. Here are some of the bonuses they offer:. 100% Unlimited Sharing Bonus: This bonus allows you to double your first deposit, providing a confident entry into the world of trading. However, this bonus cannot be withdrawn. 40% Power Bonus up to $4,000: This is an exclusive deposit booster, created to ensure you can reach your highly settled trading goals. This bonus also cannot be withdrawn. 20% Iron Bonus up to $2,000: This bonus is designed to guarantee your straightforward entrance to the Forex market. Like the other bonuses, this bonus cannot be withdrawn. Please note that all trading involves risk, and it is possible to lose all your capital. It’s important to familiarize yourself with the market and the rules of trading and risk management before taking advantage of these bonuses. In conclusion, while IronFX may not offer traditional coupons or promo codes, they do provide a variety of bonuses and run competitions that offer substantial rewards. These incentives can significantly enhance a trader’s journey and increase their chances of trading successfully. As always, traders should ensure they understand the terms and conditions associated with these offers.

Which Account Types are offered by IronFX?

IronFX offers a variety of trading accounts to suit different needs and styles of trading. Here are the details:. Standard Account: This account type offers a range of CFD instruments including Forex, Metals, Indices, Commodities, Futures, and Shares. The minimum lot size is 0.01 and the base currency options include USD, EUR, GBP, AUD, JPY, BTC, PLN, and CZK. The spread is floating from 1.6 and fixed to 2. There is no commission and the flexible leverage goes up to 1000. Premium Account: Similar to the Standard account, the Premium account offers a range of CFD instruments. The spread is floating from 1.4 and fixed to 1.8. There is no commission and the flexible leverage goes up to 1000. VIP Account: The VIP account offers a range of CFD instruments with the base currency being USD. The spread is floating from 1.2 and fixed to 1.6. There is no commission and the flexible leverage goes up to 1000. Live Zero Fixed Spread Account: This account type offers Forex, Metals, Indices, and Commodities as CFD instruments. The base currency options include USD and EUR. The spread is fixed to 0 and there is a commission. The flexible leverage goes up to 500. No Commission Account: This account type offers Forex, Metals, Indices, and Commodities as CFD instruments. The base currency options include USD, EUR, JPY, GBP, and BTC. The spread starts from 0.9 and there is no commission. The flexible leverage goes up to 500. Zero Spread Account: This account type offers Forex, Metals, Indices, and Commodities as CFD instruments. The base currency options include USD, EUR, JPY, GBP, and BTC. The spread starts from 0 and there is a commission. Absolute Zero Account: Details about this account type were not found in the search results. Each account type offers a different experience of the currency world and is suited to different types of investors. From experienced traders to beginners, from small depositors to large, the selection of account types offers different pathways to traders looking to fulfill their financial aspirations.

How to Open a IronFX LIVE Account?

Opening a live trading account with IronFX is a straightforward process that can be completed in a few steps. Here’s a detailed guide on how to do it:. Determine the Type of Brokerage Account You Need: The first step in opening a live trading account with IronFX is to determine the type of brokerage account you need. IronFX offers a variety of account types, each with its own advantages, requirements, and limitations. Consider the Features You Want and the Costs Involved: Think about the features you want in your trading account and the costs involved. This includes access to cutting-edge trading tools, your daily trading time commitment, and the amount you intend to put in your account. Choose IronFX as Your Brokerage: Once you’ve determined the type of account you need and the features you want, the next step is to choose IronFX as your brokerage. IronFX is a global leader in online trading. and provides a multi-language support team to help you in your trading. Start the Application Process: Visit the IronFX website and start the application process. You’ll need to provide your first name, last name, email, country of residence, mobile phone number, and choose your trading account bonus, base currency, leverage, and set a password. Fund Your Account and Start Trading: After your application has been approved, the final step is to fund your account and start trading. You can fund your account by transferring money from another brokerage account, your savings account, or both. Remember, all trading involves risk and it’s possible to lose all your capital. So, make sure you understand the risks involved before you start trading. Please note that this information is based on the details available as of 2023 and may have changed. Always check the official IronFX website for the most up-to-date information.

How to Open a IronFX DEMO account?

Opening a demo account with IronFX, a global leader in online trading, is a straightforward process. Here’s a step-by-step guide:. Start the IronFX Account Registration: Visit the IronFX website. Click on the green “Register” button located at the top of the IronFX webpage. Complete the IronFX Account Registration: You’ll be asked to provide your personal details, including your first name, last name, email, country of residence, and telephone number. Choose Account Type: Select “Demo Forex Account” as the account type. Select Currency and Leverage: Choose your preferred currency and leverage. Enter Deposit Amount: Specify the deposit amount for the demo account. Enter Code: If there’s a code field, enter the appropriate code. Agree to the Privacy Policy: Read, understand, and accept the entire text of the Privacy Policy. Finalize Registration: Click to finalize the registration. Download the MetaTrader 4 trading platform: After registration, download the MetaTrader 4 trading platform. Start Trading: Log in to the customer portal and start trading. Remember, all trading involves risk, and it’s possible to lose all your capital. The demo account is a great way to practice and understand the dynamics of forex trading before you start trading with real money. If you have any questions during the process, you can talk directly with IronFX using LiveChat. Happy trading!.

How Are You Protected as a Client at IronFX?

As a client at IronFX, you are protected in several ways:. Account Security IronFX has implemented strict security measures to protect clients’ personal information, privacy, and funds. They recommend that you never share your password(s) or sensitive account data with anyone. IronFX will never request your account password or other sensitive information. Strong Password IronFX advises clients to use a strong password, which is a combination of numbers, symbols, upper and lowercase letters. They recommend not using passwords that contain family names or nicknames, as these can be easily guessed. Also, it’s advised to use different passwords for different websites. Negative Balance Protection IronFX offers negative balance protection to all clients as part of the Agreement with a client, as long as it is not manipulated. This ensures that clients may never lose more than their total deposits. Regulation IronFX is regulated by CySEC, FCA, and FSCA. This means that they must adhere to strict regulatory standards designed to protect clients. Reliable Broker IronFX is considered a reliable broker with a TU Overall Score of 7.68 out of 10. They are focused on cooperation with active traders, regardless of their trading experience. Advanced Trading Platforms Customers can use the MT4 advanced trading platforms and trade more than 300 tools from 6 various asset classes. IronFX serves individual as well as corporate clients from over 180 countries. Cutting-edge Technological Innovation IronFX is highly valued for providing cutting-edge technological innovation on trading platforms and trading tools. In conclusion, IronFX has implemented a comprehensive set of measures to ensure the security of its clients. From account security to regulatory oversight, clients can trade with confidence knowing that their personal information and funds are well-protected.

Which Funding methods or Deposit Options are available at IronFX?

IronFX, a renowned player in the forex market, offers a variety of funding methods and deposit options to cater to the diverse needs of its global clientele. Here are the details:. Credit/Debit Card: This is one of the most common and convenient ways to deposit funds into your IronFX account. The maximum transaction amount is USD 50,000 per transaction. Bank Wire: Bank wire transfers are another reliable method for account funding. The deposit fees depend on the corresponding and intermediary banks. IronFX does not apply any fees. Skrill: Skrill is a digital wallet that allows fast and secure online payments. The maximum transaction amount for Skrill deposits is USD 50,000 per transaction. Neteller: Neteller is another popular digital wallet known for its security and speed. The maximum transaction amount for Neteller deposits is USD 50,000 per transaction. Fasapay: Fasapay is an online payment gateway that is widely used for transactions in the Asian market. China Union Pay: This is a bank card service provider in China, offering a secure and efficient deposit option for clients in the region. Mail Order & Telephone Order (MOTO): IronFX offers MOTO as an additional way to fund your account, especially for those who do not have access to the internet. Please note that the actual deposit options available may vary depending on the client’s country of residence and the regulations in place. It’s always recommended to check the latest information on the official IronFX website or contact their customer support for any specific queries.

What is the Minimum Deposit Amount at IronFX?

The minimum deposit required to open an account with IronFX is $100 USD. IronFX offers a variety of live trading accounts, including Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero. To claim the available IronFX bonus offers, a minimum deposit of $100 USD, $200 USD, or $500 USD must be made. The exact amount depends on the specific bonus offer. IronFX provides a wide range of deposit options, including Debit/Credit Cards, Neteller, FasaPay, Perfect Money, and more. The maximum transaction amount for most of these methods is $50,000 per transaction. However, the deposit fees and restrictions may depend on the corresponding and intermediary banks. Withdrawals from IronFX can only be made via Bank Wire. The withdrawal fees and restrictions vary depending on the method used. Please note that the information provided is based on the latest available data and may be subject to change.

Which Withdrawal methods are available at IronFX?

IronFX, a renowned player in the forex market, offers several methods for withdrawing funds from your account. These methods are designed to provide flexibility and convenience to their clients. Bank Wire Transfer. : This is a traditional and reliable method of fund withdrawal. IronFX allows profits to be withdrawn only through Bank Wire. The initial deposit can be returned via the original method, while profits are sent to your bank account. To initiate a bank wire transfer, you need to apply for a bank withdrawal from your client portal. Credit/Debit Card. : IronFX also supports withdrawals to the credit/debit card that was used to deposit the funds. This is a quick and convenient method, especially for small to medium amounts. E-Wallets. : IronFX supports various e-wallets for withdrawals, providing a fast and efficient method for fund withdrawal. The e-wallets supported include Skrill, SafeCharge, Neteller, and FasaPay. The availability of these methods may depend on your region. It’s important to note that when you request a withdrawal from your IronFX account, the funds will be returned to the same method of payment that was used to initially fund the IronFX account, unless you pick an alternative IronFX withdrawal method. Also, some methods may have specific minimum and maximum withdrawal limits. Please remember that it’s essential to comply with all the terms and conditions set by IronFX when making a withdrawal. This includes providing any additional information and documents that may be required. One withdrawal request a month is exempt from processing fees. Any subsequent withdrawals performed within the same month will be subjected to a processing fee. The minimum amount for withdrawals shall not be less than 100 USD, EUR or GBP, depending on the client’s currency account. In conclusion, IronFX offers a variety of withdrawal methods to cater to the diverse needs of its clients. Whether you prefer traditional methods like bank wire transfers or modern e-wallets, IronFX has got you covered. Always remember to check the terms and conditions associated with each withdrawal method to ensure a smooth and hassle-free transaction. Happy trading!.

Which Fees are charged by IronFX?

IronFX, a renowned forex service provider, has a structured fee system that caters to the diverse needs of its traders. Here’s a detailed breakdown:. Deposit Fees: IronFX does not charge any fees for deposits. However, it’s important to note that your respective banks or payment providers might charge you additional fees. Trading Fees: Trading with IronFX involves fees starting from $100 USD. This fee is variable and depends on the account type that traders select. Spreads: IronFX offers spreads from 1.6 pips. The spread is the difference between the bid price and the ask price of a currency pair in forex trading. A lower spread indicates a more liquid market and compact trading costs. Commissions: IronFX provides commission-free trading depending on the account traders select. This means traders can execute trades without paying any charges to the broker for the transaction. Remember, the exact fees can vary depending on the type of account you choose to trade with at IronFX. It’s always a good idea to review the fee structure in detail before starting to trade.

What can I trade with IronFX?

IronFX is a global multi-asset broker that offers a wide range of trading instruments. Here’s a detailed list of what you can trade with IronFX:. Forex: IronFX provides access to over 80+ currency pairs, including major, minor, and exotic pairs. You can trade the most popular currency pairs such as EUR/USD, USD/JPY, and GBP/USD with tight spreads from 0 pips. Metals: You can trade CFDs on gold, silver, or platinum. Trading safe-haven metals like gold can be a good strategy to hedge against high inflation. Shares: IronFX allows you to trade CFDs on shares of some of the largest companies in the world. You can invest in popular companies such as Apple, Microsoft, Facebook, and diversify your portfolio. Commodities: IronFX offers the opportunity to trade CFDs on popular spot commodities such as crude oil, coffee, and sugar. Indices: You can trade CFDs on the world’s major spot indices such as UK100, Nasdaq, and Germany 30. This allows you to gain exposure to the global markets and diversify your portfolio across different sectors. Futures: IronFX provides the opportunity to trade CFDs on commodity, currency, metal, stock index, or energy futures. This can help manage risk by diversifying your portfolio. Remember, all trading involves risk and it is possible to lose all your capital. Always make sure to understand the risks involved before you start trading. Happy trading!.

Which Trading Platforms are offered by IronFX?

IronFX, a global multi-asset broker, offers a wide suite of trading platforms to enhance your trading experience. Here are the key platforms:. IronFX MetaTrader 4 (MT4). : Known for its reliability and intuitive features, MT4 is an online trading platform used by both novice and experienced traders. It provides a safe trading environment with fast execution and no requotes. IronFX MT4 Webtrader. : This is a 100% web-based platform that offers the same features and functionality as the downloadable version. It runs without requiring any additional browser plug-ins or add-ons. IronFX VPS Hosting. : This offers improved connection speed and security. It allows you to access your trading account anywhere, anytime, reducing or even eliminating downtime. Personal Multi-Account Manager (PMAM). : This platform is designed for multi-account managers such as professional traders and investment portfolio managers. It allows you to manage orders online, positions, and equity on potentially unlimited accounts with a single-click order entry. These platforms allow you to trade over 200 tradable instruments from 6 asset classes. They are designed to cater to every type of trader and provide access to forex and other CFDs.

Which Trading Instruments are offered by IronFX?

IronFX, a global multi-asset broker. , offers a wide and highly diversified range of trading instruments across six different asset classes. These instruments are designed to provide traders with an unparalleled environment for online trading. Foremost among these instruments is Forex. With more than $5 trillion traded daily, forex is a leading destination for active traders worldwide. IronFX provides the opportunity to trade the most popular currency pairs, such as EUR/USD, USD/JPY, and GBP/USD, with no requotes and tight spreads starting from 0 pips. Another significant category of trading instruments offered by IronFX is Metals. Traders can trade CFDs on Gold and Silver, taking advantage of a wide selection of precious metals as a strong asset class. IronFX also offers trading in Indices. Traders can speculate on price movements in stock Indices, such as UK 100, NASDAQ, and Germany 30. Additionally, IronFX provides access to trade a wide range of Commodities. Traders can experiment with the basic items of consumption of the worldwide economy, including natural resources like Crude Oil, Coffee, and Sugar. IronFX also offers trading in Futures, or future contracts, which give traders the opportunity to buy or sell an asset at a predetermined future date and price. Lastly, IronFX provides the opportunity to trade Shares. Traders can buy and sell stocks online and get access to the world’s trending brands such as Lloyds, Apple, and Google. In conclusion, IronFX offers traders access to more than 300 tradable instruments, allowing them to trade the world’s largest markets with the deepest liquidity pool, along with hundreds of CFD assets.

Which Trading Servers are offered by IronFX?

IronFX is a leading online forex and CFD broker that offers a range of trading platforms and services to suit different needs and preferences. One of the features that IronFX provides is VPS hosting, which stands for Virtual Private Server hosting. This is a service that allows traders to access their MT4 platform from anywhere with an internet connection, without having to monitor their automated trades or worry about network downtime. VPS hosting works by creating a virtual server that is dedicated to each trader, where they can store their trading data and execute their trades securely and efficiently. A VPS hosting service offers several benefits for traders, such as:. Fast order execution: A VPS hosting service ensures that the trades are executed as quickly as possible, without any delays or slippage caused by network congestion or latency. High stability and reliability: A VPS hosting service protects the trader’s system and data from any external threats or attacks, such as malware, hackers, or power outages. A VPS hosting service also provides backup and recovery options in case of any technical issues. Flexibility and scalability: A VPS hosting service allows the trader to adjust the resources allocated to their virtual server according to their trading needs and preferences. For example, they can increase or decrease the RAM, CPU, disk space, or bandwidth of their virtual server at any time. Cost-effectiveness: A VPS hosting service is usually cheaper than renting a dedicated server or using a shared server with other traders. A VPS hosting service also eliminates the need for additional hardware or software costs. . IronFX offers free VPS hosting for its clients who trade forex CFDs through its MT4 platform. The trader can choose from three types of VPS servers: Standard, Premium, and Ultimate. Each type of VPS server has different specifications and features, such as:. TypeRAMCPUDisk SpaceBandwidth Standard512 MB1 core (up to 2 cores)20 GB SSD (upgradable)1 TB (upgradable) Premium1 GB (upgradable)2 cores (upgradable)40 GB SSD (upgradable)2 TB (upgradable) Ultimate2 GB (upgradable)4 cores (upgradable)

Can I trade Crypto with IronFX? Which crypto currencies are supported by IronFX?

IronFX is a leading recognized investment firm and international brokerage that offers tailored trading products and services to retail and institutional clients. It provides more than 300 tradable instruments across 6 asset classes including Forex, metals, indices, commodities, futures, and shares. However, as of the latest information available, IronFX does not offer cryptocurrencies for trading. This might seem unusual for a company trying to compete for customers in the current financial landscape where cryptocurrencies have gained significant attention. IronFX does have a cryptocurrency exchange known as IronX. The cryptocurrencies available for trading on the IronX Exchange include Bitcoin (BTC), Ethereum (ETH), EOS, Litecoin (LTC), Ripple (XRP), NEO, Cardano (ADA), Stellar Lumens (XLM), Tezos (XTZ), PumaPay (PMA), and the exchange’s native coin known as IRX. It’s important to note that IronFX and IronX are two separate platforms. While IronFX focuses on forex and other traditional asset classes, IronX is dedicated to cryptocurrency trading. In conclusion, while you cannot directly trade cryptocurrencies on IronFX, you can trade them on their associated platform, IronX. As always, it’s recommended to do your own research and consider your own risk tolerance when deciding to trade cryptocurrencies or any other financial instruments. Please note that all trading involves risk and it’s possible to lose all your capital.

What is the Leverage on my IronFX Trading Account?

Leverage on an IronFX trading account refers to the borrowed funds that traders use to trade. It’s the ability that traders have when opening an account with a forex broker, to borrow funds in order to trade with a bigger amount than what they have initially deposited in their trading account. This way, they gain a larger exposure when trading in the financial markets, with a relatively small initial deposit. Leverage in trading is a double-edged sword. It enables traders to potentially magnify their profits if the market moves in their favor, but losses as well, if the market moves against them. This happens because both profits and losses are based on the full value of the position rather than the deposit amount only. Margin is the amount needed to open a position. In other words, it is the amount needed to open a trade with leverage. Trading forex on margin means that you are only required to pay a portion of the total value of the position, which will be considered a deposit. Margin rates usually start at 3.3% for the most commonly traded currency pairs such as EUR/USD or GBP/USD, but this differs between CFD brokers. The foreign exchange market offers low margin rates, hence high leverage ratios, compared to other assets. In fact, if we compare forex and stocks, the leverage difference is much higher. Leverage in the stock markets starts from 5:1. This makes forex quite attractive for traders who are into trading with leverage. In fact, a 3.3% margin rate for example, means 30:1 leverage which in turn means that for every dollar in a trading account, traders can trade up to 30 dollars. As already mentioned, leverage is when using debt to trade and results in potentially multiplying one’s returns or losses. Both traders and companies use leverage. The former use it to potentially boost their profits while the latter use it to fund their assets in the attempt to boost shareholder value. You can change the leverage on your account via the client portal by clicking on Actions next to the account you wish to amend. This button can be found on the Overview tab under My Account. Your account should not have any open positions to change the leverage. IronFX offers flexible leverage up to 1:1000. This means that for every dollar in your trading account, you can trade up to 1000 dollars.

What kind of Spreads are offered by IronFX?

IronFX, a renowned player in the forex market, offers a variety of spreads to cater to the diverse needs of traders. Here’s a detailed look at the spreads offered by IronFX:. Micro and Premium Accounts: Traders holding Micro and Premium accounts are offered spreads above 1.5 pips on EUR/USD. This spread is not among the lowest in the industry. , but it provides a balanced trading environment for both novice and experienced traders. Zero Spread Account: For traders looking for more competitive spreads, IronFX offers the Zero Spread account. This account, which requires an initial deposit of $500. , offers spreads as low as 0 pips. However, it’s important to note that this account involves a commission fee. Fixed Spreads Account: IronFX also offers a Fixed Spreads account. This account allows trading with predetermined and steady spreads during volatile market hours. It eliminates sudden spikes, allowing traders to focus more on their strategies rather than the market. Low and Floating Spreads: IronFX offers the lowest fixed and floating spreads, starting from 0 pips. These spreads ensure that traders get unmatched online trading conditions. Overall, trading with IronFX involves fees from $100 USD, spreads from 1.6 pips, and commission-free trading depending on the account traders select. These offerings make IronFX a versatile platform for different trading strategies and financial goals. Please note that the actual spreads may vary based on market conditions and the specific account type.

Does IronFX offer MAM Accounts or PAMM Accounts?

Does IronFX offer MAM Accounts or PAMM Accounts? If you are looking for a forex broker that offers managed accounts, you might be interested in IronFX. Managed accounts are trading accounts that are managed by a professional trader or a fund manager on behalf of the clients. The clients can benefit from the expertise and experience of the manager, while delegating the risk and responsibility of trading to them. There are different types of managed accounts, such as PAMM (Percentage Allocation Management Module) and MAM (Multi-Account Manager). PAMM accounts allow the clients to allocate a percentage of their account balance to one or more managers, who will trade on their behalf according to the agreed percentage. MAM accounts allow the clients to use various allocation methods, such as lot allocation, percent allocation, proportional by balance or equity, equity percent allocation, or allocation by equal risk. The clients can also adjust the risk level and leverage of each sub-account according to their preferences. IronFX offers both PAMM and MAM accounts with a minimum deposit of $500 in the Web Trader trading platform. The broker allows full control through online activity reports as well as EA compatibility for the account managers. IronFX also provides a PMAM (Personal Multi Account Manager) platform that is suitable for both professional traders and money managers. The PMAM platform allows money managers to trade and manage multiple MT4 accounts at the same time, using advanced tools to enable optimum market execution. The PMAM platform supports eight allocation methods, which can be customized according to the needs of each sub-account. Therefore, IronFX does offer both PAMM and MAM accounts for its clients who want to trade forex with professional management. However, before opening a managed account with any broker, it is important to do your own research and understand the terms and conditions of each service. You should also consider your own trading goals, risk appetite, and budget when choosing a managed account provider.

Does IronFX allow Expert Advisors?

IronFX, a multi-regulated broker, does indeed allow the use of Expert Advisors (EAs) for trading. EAs are automated programs that run on the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) trading platforms. They are algorithms that can be used to monitor and trade the financial markets. Based on the parameters you choose, EAs can search for and identify potential trades and send notifications. They can also open and close a position based on predetermined conditions such as stops or trailing stops. EAs are ideal for monitoring the markets on your behalf and informing you of potential trading opportunities. They can also manage multiple positions daily without any need for human intervention. EAs allow traders to discover opportunities and open and close positions based on predefined rules such as yes/no rules. Traders can build an EA using a programming language called MQL4 or import a ready-made one. The combination of rules into a mathematical model enables EAs to execute complex trading strategies and act on them. For example, a simple EA could monitor a market and send the trader a notification when certain set conditions regarding a potential trade have been met. If you’re interested in a particular currency pair, your EA can be programmed to monitor it and notify you when the currency pair reaches a specified level. You can also program the EA to act upon the opportunity as well as perform other actions depending on how complicated your EA is. There are several advantages to using EAs. An automated system like an EA saves traders time and is ideal for emotionless trading as it performs actions without emotion. Flexibility, backtesting, and accessibility are a few more reasons for EAs’ appeal. However, there are also some challenges to using EAs. Like anything else, the human factor is essential, plus a robot could not possibly reach the greatness of the world’s best fund managers. If you are going with an EA, then make sure you are getting what you are paying for. Do your own research and find out how much it costs to get a decent one. Your EA may be complex enough to perform certain actions, but this doesn’t mean it is faultless or can compare to a human-thinking trader. ! For this reason, please remember that your EA might help you limit the emotional impact on your trading but removing it completely may create new issues. Always monitor your EA and evaluate its performance according to your own plan and logic. If you want your EA to run all the time, then you need your computer and MT4 platform to be running and connected to the internet too. For this, you’ll need a virtual private server (VPS). In conclusion, IronFX does allow the use of Expert Advisors in forex trading, providing traders with a tool that can help them monitor the markets, identify potential trades, and manage their positions. However, like any tool, EAs have their pros and cons, and traders should carefully consider these before deciding to use them.

Does IronFX offer Copytrading?

IronFX does indeed offer a feature known as Copytrading. This feature is provided through their platform, TradeCopier. TradeCopier allows users to copy the strategies of top-performing traders in real time. This is particularly beneficial for beginners to Forex or those who don’t have enough time to spend on monitoring the markets. By using TradeCopier, users can start copying other traders, benefit from their expertise, and expand their own portfolio. Copy trading is a strategy where investors follow experienced traders who have a high success rate and copy their trading strategies. It is slightly different from mirror trading. In copy trading, the trader will directly copy the moves of a successful trader, whereas in mirror trading, traders follow signals which are developed from the trading patterns of different successful traders. IronFX’s TradeCopier platform allows individuals in the financial markets to automatically replicate the positions opened and managed by other traders in real time. This feature is especially beneficial for those who are new to forex trading or lack the time to conduct thorough research and keep up with the latest market trends. However, it is very important to conduct your own market analysis before you commit real capital to trade. Even if you copy the positions of the most qualified traders, your capital is still at risk. In conclusion, IronFX does offer Copytrading through their TradeCopier platform. This feature allows users to copy the strategies of top-performing traders in real time, providing an ideal solution for beginners to Forex or those who don’t have enough time to spend on monitoring the markets.