IronFX Rated 3/5

IronFX Guide - Read our In Depth 2025 IronFX Review

This detailed IronFX review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs, Social Trading.
*This content does not apply to US users.

Learn more about IronFX.

Benefits of Trading with IronFX

IronFX Review 2025 Quick Summary
💰 Min Deposit 100
👱‍♂️ Used By 1,500,000 IronFX users and traders
📆 Founded 2010
🌍 HQ Cyprus
👮‍♂️ Regulation CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276)
🚫 Excluded Countries IronFX is not available in the following countries : US, IR, CU, SD, SY, KR

Open IronFX's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is IronFX?

IronFX are a worldwide financial trading platform and broker. founded in 2010

Over 14 years later IronFX now serves over 1,500,000 retail investors Forex trading, CFDs trading, and Social trading.

IronFX are a global broker. IronFX have a head office in Cyprus.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this IronFX review and assess how well the IronFX platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like IronFX. Choosing or shortlisting a trading platform like IronFX can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like IronFX.

As a result, selecting the right trading platform like IronFX requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like IronFX available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like IronFX requires thorough due diligence and careful consideration. Some IronFX trading features can be complex when trading on mobile or using the IronFX online trading platform. Beginners and inexperienced traders must take the time to learn how to use the IronFX trading tools properly. In our review of IronFX we explain the pros and cons. What IronFX offer, countries IronFX are available in. Who IronFX are regulated by and more.

IronFX Review Screenshot

When it comes to online trading with brokers like IronFX, carefully review IronFX as your broker can make or break your success. Choosing the right broker is essential to ensure your IronFX investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your IronFX review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of IronFX. You must also ensure the IronFX broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, IronFX needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with IronFX into easily digestible information in this IronFX review. We want to ensure you have all the knowledge necessary to use the IronFX trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with IronFX are the key to successful trading, so we've provided this detailed IronFX review. So, take a seat, grab a cup of coffee, and dive in to learn about IronFX and how it can benefit you or if IronFX is not for you.

The fact that IronFX has a Wikipedia page is a testament to its reputation and credibility in online trading. It's worth noting that Wikipedia content is highly moderated for accuracy, so having a page dedicated to IronFX speaks to its legitimacy and significance.

Creating a IronFX Wikipedia page is challenging, as it requires meeting strict criteria and providing accurate, verifiable information regarding IronFX. Wikipedia must include reliable sources that support the IronFX content on the page.

If you want to learn more about IronFX and its history, its Wikipedia page is an excellent resource. You can find valuable information about the IronFX founders, services, and industry reputation. Open the IronFX Wikipedia page.

Online investing with IronFX can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with IronFX, evaluating the IronFX platform is important. Evaluation includes researching the IronFX management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with IronFX. That's why it's essential to understand the IronFX company policies and practices before making any investment decisions. By doing your due diligence and understanding IronFX platform, you can make informed investment choices that align with your financial goals. So take the time to research IronFX thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this IronFX review you need to determine if IronFX is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to IronFX, so you can make a more informed decision and compare other brokers against IronFX.

If you want to look at some IronFX alternatives that might better fit your needs, we list and compare some of the best IronFX alternatives further down this IronFX review.

Trading online with IronFX requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the IronFX trading tools and features. You must know what you are doing when trading with IronFX. That's why we've compiled this detailed IronFX review with some important information that will hopefully make you more informed when online trading with IronFX.

IronFX Review Table of Contents

IronFX review
IronFX is a Multi-Assets Trading Platform with over 500+ Assets

Learn more about IronFX. IronFX is a multi asset platform with 500+ tradable Assets. Assets available on IronFX include Forex, CFDs, Social Trading.

IronFX trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Social Trading are considered financial assets.

Features of IronFX

IronFX review
What you should know

IronFX offer three ways to trade: Forex, CFDs, Social Trading. The assets and products available to you on the IronFX trading platform depends on the region of the world, you are in and the IronFX entity you have an account.

With IronFX you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with IronFX platform.

IronFX are able to accommodate various levels of traders whether you are experienced or a beginner.

Are IronFX safe?

When considering IronFX for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as IronFX, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2010, and in operation for 14 years IronFX have a head office in Cyprus.

IronFX is regulated. This means IronFX are supervised by and is checked for conduct by the CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276) regulatory bodies.

IronFX withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like IronFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. IronFX are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of IronFX and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. IronFX has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, IronFX will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like IronFX, you can enjoy peace of mind and focus on your trading activities. If IronFX violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with IronFX?

All payments made to IronFX by traders are securely held in a segregated bank account.

IronFX uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should IronFX use them?

IronFX partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their IronFX clients' funds.

IronFX clients can have greater confidence in their financial security when working with a Tier 1 bank because IronFX are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in IronFX deposited in a Tier 1 bank?

Depositing funds with IronFX ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if IronFX were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that IronFX is a secure and safe platform.

Please be aware that trading in financial assets with IronFX carries a risk of loss. IronFX trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

IronFX emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about IronFX, let's closely examine its features.

To better understand the IronFX trading platform, you can create two separate accounts - one with real money and the other a IronFX demo account. A IronFX demo account provides a risk-free environment for experimenting with the IronFX platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in IronFX trading decisions.

Open a demo account Visit IronFX

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How IronFX as a Company Compare Against Other Brokers

Broker IronFX IC Markets Roboforex eToro
Year Established 2010 2007 2009 2007
Head Office Cyprus Australia Belize Cyprus, UK
Regulation CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276) Seychelles Financial Services Authority (FSA) (SD018) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 1,500,000+ IronFX users 200,000+ IC Markets users 730,000+ Roboforex users 35,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit IronFX Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

IronFX review
IronFX Pros and Cons

What we like about IronFX

  • Used by over 1,500,000 IronFX users and traders
  • Established in 2010
  • Regulated by CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276)
  • Min. deposit from $100

What we don't like about IronFX

IronFX review
IronFX Regulation and Licensing in more detail

IronFX is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of IronFX going into insolvency. IronFX compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like IronFX to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for IronFX traders.

  • CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED
  • FCA (Financial Conduct Authority) (585561)
  • ASIC (Australian Securities and Investments Commission) (417482)
  • FSCA (Financial Sector Conduct Authority of South Africa) (45276)

IronFX is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like IronFX you should be sure they're legitimate online agent.

Is IronFX Global?

Yes, IronFX is global as IronFX is available in over 189 countries.

IronFX is a global trading platform in the sense that it operates in 189 countries including nations in Africa, Asia, Oceania, and Europe. Major countries IronFX covers include the UK, Germany, South Africa, Thailand, China and Australia. As per its Wikipedia page, IronFX has a total of more than 1,500,000 users.

IronFX review
IronFX Awards

IronFX have won numerious industry awards over the 14 years they have been operating as a financial broker. We have listed the most notable awards and mentions for IronFX below.

  • Best Forex Trading Seminar - World Business Outlook Awards - 2024
  • Best Islamic Forex Broker - World Business Outlook Awards - 2024
  • Best CFD Brokerage Firm - Global Business and Finance Magazine Awards - 2024
  • Best Multi-Asset Broker - Global Business and Finance Magazine Awards - 2024
  • Best Forex Brand - Lawyer International - Year Unknown
  • Best Multi-Asset Broker - Lawyer International - Year Unknown
  • Best CFD Brokerage Firm - Global Excellence Awards - 2024
  • Best Educational Broker - Global Business Awards - 2023
  • Best Multi-Asset Broker - Lawyer International Legal 100 - 2023
  • Best Multi-Asset Broker - Lawyer International Legal 100 - 2023
  • Best CFD Broker - Lawyer International Legal 100 - 2023
  • Best Trading Experience Europe - Global Forex Awards - 2023
  • Most Outstanding Online Trading Partners Program - Global Excellence Awards - 2022
  • Most Outstanding Online Trading Partners Program - AI Global Media Ltd - 2021
  • Best Online FOREX Trading Platform - Global Business Insights - 2021
  • Online Currency Trading Platform of The Year - ACQ5 - 2021
  • Forex Operator of the Year - ACQ5 - 2021
  • Best Practice Operator of the Year (Forex) - ACQ5 - 2021
  • Best Online Trading & Financial Services Company - AI Global Media Ltd - 2020

IronFX review
IronFX Fees Explained

  • IronFX withdrawal fees varies on payment method
  • IronFX does charge a fee for inactive accounts.
  • IronFX doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from IronFX are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

IronFX Costs To Check

Modern brokers like IronFX provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, IronFX may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall IronFX trading profitability.

How IronFX Fees Compare Against Other Brokers

Broker IronFX IC Markets Roboforex eToro
Min Deposit 100 200 10 50
Withdrawal Fees Yes No No Yes
Inactivity Fees Yes No No Yes
Deposit Fees No No No No
CFD Commission Fees No Yes No Yes

IronFX Minimum Deposit

IronFX requires a minimum deposit of 100 GBP/USD/EUR when opening an IronFX trading account.

A minimum deposit is the minimum amount of money required by IronFX to open a new online brokerage account with them.

Don't be scared off by brokers like IronFX charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like IronFX, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

IronFX Withdrawal Fees

The fees for withdrawing funds from your IronFX account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your IronFX withdrawal request is important.

IronFX Withdrawal rules may vary across different brokers when it comes to transferring funds from your IronFX or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with IronFX may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the IronFX withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from IronFX. Researching and comparing IronFX withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing IronFX funds frequently or dealing with large sums of money. Awareness of these IronFX fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your IronFX funds.

For example, IronFX allows you to withdraw your funds to Credit cards, Debit cards, VISA, MasterCard, Bank Transfer, Neteller, FasaPay, Payoneer.

IronFX Inactivity Fees

IronFX does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by IronFX terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all IronFX fees and services. It's recommended that you check the IronFX website before signing up. If you decide to close your IronFX account, it's important to do so with the IronFX broker customer support and obtain confirmation that no remaining IronFX fees are due.

Brokers like IronFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

IronFX Deposit Fees

IronFX does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

IronFX Commission Fees

IronFX does not charge commission on CFD instruments.

Brokerage firms like IronFX may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the IronFX trading account level held by the trader.

IronFX may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing IronFX terms and conditions to understand the commission fees and any other charges that may apply is essential.

IronFX review
What can you trade with IronFX?

It's essential to note that the trading instruments offered under the IronFX brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the IronFX trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with IronFX over 500 instruments in fact.

If you want to trade currency pairs on global Forex markets, IronFX offer over 120 currency pairs.

IronFX Compared To Other Brokers

Compare IronFX with IC Markets and Roboforex below.

Your capital is at risk

How IronFX Trading Options Compare Against Other Brokers

Broker IronFX IC Markets Roboforex eToro
Instruments Available 500 2250 12000 6000
Platforms MT4, IronFX MT4 WebTrader, IronFX TradeCopier, Mobile Apps, Apple App, Android Google Play MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web
FX / Currencies        
Forex pairs offered 120 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes Yes No Yes
Commodity CFDs        
Commodities Offered 10 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 101 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit IronFX
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider.

IronFX review
Trading on IronFX web platforms and other applications

IronFX offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

A IronFX iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

IronFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See IronFX's platforms

Is the IronFX Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the IronFX trading platform to protect you on PC and mobile IronFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using IronFX web trading platforms.

IronFX Trading Platform Options

After logging into your IronFX account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that IronFX does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

IronFX does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options IronFX gives you.

IronFX review
IronFX MetaTrader 4 (MT4)

IronFX MetaTrader 4

IronFX MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on IronFX offers traders comprehensive features and tools to enhance their trading performance. The IronFX MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the IronFX platform to their needs. One of the standout features of MT4 is its charting functionality, which allows IronFX traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give IronFX traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 IronFX trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the IronFX MetaTrader 4 (MT4) trading platform. MT4 is a platform available with IronFX, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The IronFX MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. IronFX allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with IronFX in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. IronFX MetaTrader 4 is compatible with the latest macOS. IronFX allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on IronFX

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade IronFX MetaTrader 4 on iOS Devices

You can download the IronFX app or trade with IronFX through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. IronFX customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade IronFX MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and IronFX offers its clients access to the MetaTrader 4 platform on these devices. With the IronFX MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing IronFX traders to stay on top of their trades and react quickly to changes in the market. With the IronFX MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade IronFX MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on IronFX are a powerful bundle of three major indicators designed to help traders make informed decisions. IronFX MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help IronFX traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing IronFX traders to potentially stay one step ahead.

IronFX MetaTrader 4 Advanced Trading Tools

The IronFX MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give IronFX traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, IronFX provides traders with everything they need to succeed. The IronFX MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing IronFX traders to analyze the market at any level of complexity.

Trade IronFX MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

IronFX MetaTrader 4 AutoChartist

Autochartist on the IronFX platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for IronFX MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, IronFX traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save IronFX users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. IronFX traders can navigate the platform and find the information they need to make informed trading decisions.

IronFX Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for IronFX traders of all experience levels.

IronFX Trading benefits

  • IronFX Allows scalping
  • IronFX Allows hedging
  • IronFX Offers STP
  • IronFX Low min deposit
  • IronFX Offers Negative Balance Protection

IronFX Trading Accounts Offered

Below we give an overview of the account types that IronFX offer. Whatever you are looking to trade, the varying IronFX account types will be able to provide you with what you need.

  • IronFX Demo account
  • Micro account
  • IronFX Mini account
  • IronFX Standard account
  • IronFX Swap-Free account
  • IronFX ECN account
  • IronFX STP account
  • IronFX Islamic account

Can I try IronFX?

IronFX provides a demo account that enables individuals to explore trading before investing their funds. By creating a IronFX practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the IronFX demo account can help individuals to make informed decisions before investing their money.

Open a demo IronFX account to practice and trade.

Your capital is at risk

IronFX withdrawal and funding methods

It's essential to remember that the payment methods provided by IronFX vary based on the IronFX entity and the IronFX client's country of residence. To view the IronFX payment options available, you can log into your IronFX member's area.

IronFX offers various funding payment methods listed in your IronFX dashboard if available in your region. To learn more about the IronFX funding and withdrawal options available in your area, you can explore the IronFX website.

IronFX provides several payment methods for funding your IronFX account. You may utilize any of these deposit options if they are available in your region. IronFX ensures that users have multiple payment methods to choose from, making it more convenient for verified IronFX account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the IronFX user's location. learn more about IronFX funding and withdrawal methods.

IronFX Payment Methods

Some IronFX payment methods are local and are available only to specific regions. IronFX account holders should check which payment methods are provided in your region.
  • IronFX accepts Credit cards
  • IronFX accepts Debit cards
  • IronFX accepts VISA
  • IronFX accepts MasterCard
  • IronFX accepts Bank Transfer
  • IronFX accepts Neteller
  • IronFX accepts FasaPay
  • IronFX accepts Payoneer
Broker IronFX IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes No Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer Yes No No No
Neteller Yes Yes Yes Yes

*please note available IronFX and other broker payment methods depend on the clients country of residence.

How can I start trading with IronFX?

To open a trading account with IronFX, individuals can sign up on the IronFX website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for IronFX account validation and making a deposit. Once completed, IronFX users can download the trading platform of their choice.

It's important to note that IronFX requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps IronFX maintain a trustworthy financial environment for its 1,500,000 users. Detailed information on the IronFX trading platforms is available on their website.

Your capital is at risk

Performing trades with IronFX

When using IronFX, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With the ECN and STP execution methods offered by the platform, traders using IronFX can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

One of the IronFX platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide IronFX traders with greater confidence and peace of mind when trading on the IronFX platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of IronFX trades.

Like other brokers, IronFX margin requirements can differ depending on the traded instrument.

IronFX offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about IronFX, and see all of the IronFX account features on the official IronFX website.

CFD Trading on IronFX

We will show you an example of the basics of using IronFX leverage.

CFD trading on IronFX allows traders to speculate on the price movements of various financial instruments against the broker IronFX, without actually owning real assets. With CFDs, IronFX traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

IronFX provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, IronFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the IronFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, IronFX leverage magnifies both profits and losses in trading.

Trading CFD trades on the IronFX platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced IronFX traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Limiting Your Risk When Trading with IronFX Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like IronFX. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a IronFX trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, IronFX trading losses are always limited to the current balance of funds in the trader's account.

Even if an IronFX trader experiences a significant loss, they will never owe more money than what is available in their IronFX account balance.

It's important for IronFX traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that IronFX losses are limited to the funds available in your IronFX account when negative balance protection is in place.

Limit Risk When Trading with IronFX Stop Loss, IronFX Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as IronFX . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for IronFX traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an IronFX trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide IronFX traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with IronFX, you must actively monitor your live trading portfolio and financial exposure on IronFX.

Education Resources at IronFX

IronFX offer educational resources which include VIP Room, Market Trends, Trading psychology, Financial News, Economic Calendar, Webinars, Academy, Video Tutorials, Podcasts, Seminars. Please bear in mind that these resources provided by IronFX do not guarantee any results when trading. When we checked on the IronFX website, these educational resources were not available in every language. Also some financial instruments mentioned in any IronFX educational resources may not be available in your region.

To trade effectively with IronFX, it's important to have a good understanding of the IronFX trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with IronFX and externally.

IronFX . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with IronFX. Familiarizing yourself with the IronFX trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using IronFX. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with IronFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like IronFX, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with IronFX. Explore the IronFX platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with IronFX, before live trading.

Customer Support at IronFX

As part of our IronFX review, we review customer service options, response times and problem resolution effectiveness on the IronFX trading platform. The IronFX trading platform supports multiple languages, which includes English, Bulgarian, Chinese, French, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Romanian, Russian, Spanish, Thai, Vietnamese, Arabic Bengali, Urdu, Czech, Farsi, and Slovakian.

IronFX Available Support Types

IronFX have grade A support rating because IronFX offer over three languages.

Livechat Support at IronFX

Our experience with IronFX live chat was positive. We tested their live chat feature through their app and website and received a response within 6 minutes, an acceptable response time. The support team was helpful and provided us with the necessary information.

We tested the effectiveness of communicating with IronFX support in multiple languages and countries. Our customer issues were resolved promptly by the IronFX support team, proving their ability to efficiently and effectively support customers in diverse locations and languages.

Email Support at IronFX

After testing, we found that the email support provided by IronFX was excellent, with a fast response time. We received the fastest response in less than 60 minutes, while the slowest response was in 11 hours. It's important to note that response times may vary based on your experience with IronFX, but in our case, we sent 25 emails at varying times.

The support team resolved and answered our queries. Overall, we had a good experience with the email support provided by IronFX.

Phone Support at IronFX

We contacted IronFX via phone, and our call was answered within a reasonable timeframe of 7 minutes.

The IronFX phone support team was able to assist us with our queries and issues. We put their multilingual support to the test by speaking to them in various languages, and they were able to communicate effectively.

Overall, while the phone support experience was satisfactory, there is still room for improvement.

See how IronFX Support Compares Against Other Brokers

Broker IronFX IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Bulgarian, Chinese, French, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Romanian, Russian, Spanish, Thai, Vietnamese, Arabic Bengali, Urdu, Czech, Farsi, and Slovakian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit IronFX Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with IronFX

As IronFX is regulated by CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276).

As a new client of IronFX, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with IronFX in your region. During the IronFX account opening process, you will be asked to provide IronFX with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with IronFX have the following documents available.

  • IronFX require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for IronFX compliance. This must be dated within the last six months.
  • If you plan to fund your IronFX account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the IronFX platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under IronFX Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring IronFX's platform.

However, remember that you won't be able to make trades on IronFX until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the IronFX KYC compliance process as soon as possible to avoid any delays in accessing the IronFX platform's features.

It is important to note that IronFX may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the IronFX platform and features immediately. However, you must pass the verification process to start live trading with IronFX, which can take up to a few business days.

To start the process of opening an account with IronFX you can visit the IronFX trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.ironfx.com on November 18, 2024.

Watch this IronFX Explainer Video

Is IronFX A Good Broker?

We have spent over 5 years examining IronFX in depth. Although we found some very useful aspects of the IronFX platform that would be useful to some traders. We feel that a alternative to IronFX may better suit you.

  • IronFX have a good track record of offering Forex, CFDs, Social Trading.
  • IronFX has a history of over 14 years.
  • IronFX has a reasonable sized customer support of at least 10.
  • IronFX are regulated by the CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276). IronFX is subject to strict regulatory oversight from its respective jurisdiction, which holds IronFX (the broker) accountable for misconduct. This regulatory framework helps ensure that IronFX operates fairly and transparently and provides IronFX customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and IronFX.
  • IronFX have regulation from reputable regulators.
  • One of the advantages of using IronFX is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from IronFX are particularly important as IronFX traders want to receive their money quickly. With the efficient IronFX payment processing system, traders can enjoy faster access to their IronFX funds.
  • IronFX have an international presence in multiple countries. Including local IronFX seminars and training.
  • IronFX can hire people from various locations in the world who can better communicate in your local language.

IronFX Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

IronFX not quite right?

If after reading this IronFX review, IronFX does not fulfill your needs check out these IronFX Alternatives.

Click here to view the best IronFX Alternatives

We have spent years researching the best alternatives to IronFX. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective IronFX alternatives available today. If you are unsatisfied with IronFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated IronFX alternatives. Follow the links below to learn more about these IronFX broker alternatives and choose the one that best suits your trading needs.

Related IronFX Vs Comparisons

Throughout our comprehensive IronFX review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing IronFX against other popular brokers in the industry, check out our IronFX Vs pages. Our team has compiled a series of detailed IronFX comparison articles, pitting the IronFX platform against some of the best-rated IronFX competitors in the market. Dive into our informative IronFX Vs pages below to find out how IronFX stacks up against other leading brokers.

IronFX review
IRONFX Frequently Asked Questions

Read our detailed IronFX FAQ Section updated for 2025.

Can I try IronFX?

IronFX offer a demo account so you can try the IronFX platform with virtual trading before you put down a payment. Virtual trading with IronFX is zero risk. Learn more here

What funding methods do IronFX accept?

Please note that the list of payment methods below depends on the IronFX Entity and the client's Country of Residence.

IronFX offer the following funding payment methods Credit cards, Debit cards, VISA, MasterCard, Bank Transfer, Neteller, FasaPay, Payoneer, among other payment methods.
Learn more here

Your capital is at risk

Is IronFX safe?

IronFX have over 1,500,000 users. IronFX are considered reliable as they are regulated by and checked for conduct by the CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276). Any payments funded to IronFX accounts by traders are held in a segregated bank account. For added security,IronFX use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with IronFX is risky, and because the market is so volatile, losses could happen at any time. Do not invest with IronFX unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is IronFX trading good?

IronFX is considered good and reputable to trade with IronFX. IronFX is used by over 1,500,000 traders and IronFX users. IronFX offers Forex trading, CFDs trading, and Social trading. Minimum deposit with IronFX is 100.

Is IronFX trading Legit?

IronFX was founded in Cyprus in 2010. IronFX has been facilitating trade on the financial markets for over 14 years. IronFX offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to IronFX are held in segregated bank accounts for security. IronFX is regulated by CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276) so can be considered legit.

Is IronFX a good broker?

IronFX allows Forex trading, CFDs trading, and Social trading. IronFX is overseen by the top tier financial regulators CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276) so can be considered a good broker.

Is IronFX trustworthy broker?

IronFX is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to IronFX, money is in a segregated bank account that is separate from IronFX company's funds. As a regulated broker, IronFX cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by IronFX. Instead, your IronFX funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with IronFX. Also IronFX is regulated in its local jurisdictions including major financial regulators like CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276).

What is the minimum deposit for IronFX?

The minimum deposit to trade with IronFX is 100.

How long do IronFX withdrawals take?

Withdrawing money from IronFX processing time varies depending on the method but averages 1-5 days.

Is IronFX regulated?

IronFX is regulated by the CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276). Regulatory bodies conduct regular reviews and audits as part of IronFX maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is IronFX a market maker?

IronFX is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by IronFX even if no buyer or seller is lined up.

How can I start trading with IronFX?

When opening a trading account with IronFX, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on IronFX trading platforms, you can follow the link provided below: Learn more about signing up with the IronFX trading platform here. This will provide useful information and insights into the various trading platforms offered by IronFX, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with IronFX?

Yes your money is safe with IronFX.

Overall, strict financial regulation is essential for ensuring that trading platforms like IronFX operate fairly, transparently, and responsibly, which ultimately benefits all IronFX stakeholders involved.

Trading platforms like IronFX must have strict financial regulation for several reasons:

  • Protecting IronFX Investors: Strict financial regulation ensures that investors who use the IronFX trading platform are protected against fraudulent or unethical behavior by the IronFX platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the IronFX platform.
  • Maintaining IronFX Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the IronFX trading platform. Regulatory procedures reduce the likelihood of the IronFX platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing IronFX Transparency: Regulations require trading platforms like IronFX to maintain detailed records and disclose IronFX client information. Financial regulatory requirements enhances transparency and helps to build trust between the IronFX platform and its investors.

IronFX is regulated by the CySEC (Cyprus Securities and Exchange Commission) (125/10) NOTESCO UK LIMITED, FCA (Financial Conduct Authority) (585561), ASIC (Australian Securities and Investments Commission) (417482), FSCA (Financial Sector Conduct Authority of South Africa) (45276). When selecting a broker such as IronFX, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, IronFX ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like IronFX.

Is IronFX a con?

IronFX is regulated and well established, having been in business for over 14 years. IronFX is not a con.

Can you make money with IronFX?

Although traders have had great success with IronFX, trading on the financial markets with IronFX is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does IronFX have fees?

IronFX withdrawal fees vary on payment method.IronFX does charge a fee for inactive accounts. IronFX doesn't charge deposit fees.

When was IronFX founded?

IronFX was founded in 2010.

How many people use IronFX?

IronFX is used by over 1,500,000 registered IronFX users.

What is IronFX Headquarters country?

IronFX has its head quarters office in Cyprus .

Does IronFX offer negative balance protection?

IronFX offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does IronFX offer guaranteed stop loss?

IronFX does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does IronFX allow scalping?

IronFX offers scalping.

Does IronFX allow hedging?

IronFX offers hedging.

Does IronFX offer CFD trading?

IronFX offers CFD trading.

Does IronFX offer STP?

IronFX offers STP trading.

How many people use IronFX?

IronFX is used by over 1500000 IronFX users and traders.

Is IronFX an ECN broker?

IronFX offers ECN trading.

Does IronFX offer a demo account?

IronFX offers a demo account.

Does IronFX offer an Islamic account?

IronFX offers an Islamic account.

What are the funding methods for IronFX?

Please note that funding methods and options available with IronFX can be found in the IronFX Members area and depend on the IronFX client’s country of residence. Please check your specific available payment methods on the IronFX website. IronFX accept the following funding methods : Credit cards, Debit cards, VISA, MasterCard, Bank Transfer, Neteller, FasaPay, Payoneer.

IronFX review written by Andrew Blumer and Mark Hansen

We hope you found our review of the IronFX brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

IronFX review written by Mark Hansen of Comparebrokers.co