The IronFX AutoTrade platform will allow users to copy the best traders’ strategies. None of the information on this website is investment or financial advice. The European Business Review is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments. Traders can analyse the broker with this review, and for more details, they can visit the website, This will give them information on brokers working in financial markets. Once verified, traders upload the documents and select the trading account.

Earlier in 2018, IronFX announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. It is very easy to trade in the mrkets when you are a professional trader, but not very easy to find the right broker. IronFX is the ideal choice for those who take online trading seriously and want to do well. They offer great tools, flexible leverage and various accounts to fit your needs. I am very happy with them and will recommend to all traders.

Deposit and Withdrawal

Compare broker See what benefits one offers over the other. IronFX Mobile Traders – Mobile Traders gives those who prefer to trade while on the move, the perfect opportunity, and is fully compatible with most mobile devices. These include Android and IPhones, PDA, Blackberry, and tablets. This broker did not score well during our testing process and is not recommended by our experts.

Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. Cash Rebate bonus – Usually this type of a bonus on Forex broker is offered to the more experienced and advanced customers. The bonus gives you 3 $ on every lot you trade, when you have over 500 lots and 2 or 2,5 $ on smaller amount of lots. Though there are such claims by many retail traders, according to most of the IronFX reviews you can rely on this broker. May be you will find many myths, IronFX scam stories in the Forex market. But in terms of regulations, fund protections, multilingual support and other factors IronFX is one of the most prominent and reliable Forex Broker around the world.

They’ve got a great selection of trading platforms that enhance your trading experience uniquely. But, the difference is it adds a whole new flavour to trading. The variety of their bonuses is great for any new user, and you have so much choice depending on what trading account you use.

Traders Reviews

IronFX is a globally-recognised, remarkably well-regulated Forex broker with a range of assets on offer, including over 80 Forex pairs, which is more than other brokers. Trading conditions are poor across most account types, but IronFX allows traders to choose from a wide range of options, including the execution method that suits their trading strategy. IronFX considers itself to be the leading online broker and seems to be recovering well from past regulatory issues.

👈 Our https://forexhero.info/ is always available to provide guidance and support as needed, to ensure that our clients can trade with confidence. We encourage you to explore our educational section and take advantage of the resources available to enhance your trading skills. 🤩🤩 We are thrilled to hear that our Straight-Through-Processing model has met your expectations and provided you with the fast and efficient order execution you need for your scalping strategy. We are also glad to hear that our competitive pricing has met your needs as a trader.

When it announced its official partnership agreement with FC Barcelona, it became another Forex broker that appreciated the value of a sporting connection. Cryptocurrency deposits and withdrawals are not available, but IronFX offers Bitcoin as a base currency. The online application processes new accounts in line with industry standards. The quick application grants traders access to the back office.

Is IronFX a Legit Forex Broker?

In addition, IronFX social trading platforms offer unlimited promotions and bonuses. I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds. IronFX’s Futures CFDs grant traders access to global markets.

All ironfx reviews remain unbiased and objective and immediate action will be taken against any broker which is found to be in breach of regulation. These partnerships have proven to be great aids in the furthering communication between brokers and our visitors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Only the NFA regulated brokers featured on this site are available to U.S. customers.

IronFX is an online Forex broker that enables traders to access a wide variety of markets. It offers 10 trading platforms, and more than 200 tradable instruments including Forex, metals, futures, and shares. This well known broker has both retail and institutional customers from more than 180 countries, including Asia, Europe, Africa, the Middle East, and Latin America. It provides support in more than 45 different languages, from more than 8 worldwide offices. Hello Vrishni, Thank you for taking the time to share your positive feedback about your experience with IronFX! We are thrilled to hear that you feel comfortable with our services and that your overall evaluation about us is positive.

What Can You Trade with IronFX?

Going to an Expo in the trader’s region can be a useful experience as they can find seminars by expert traders and talk in person to the broker. For some of its account types, including the Standard and Premium accounts, IronFX BM offers Bitcoin denominated accounts which may be funded and withdrawn from in Bitcoin. Additionally Ethereum denominated accounts are available as well as accounts denominated is Cardano .

Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. Both beginners and advanced traders will have plenty of options to choose from when developing their trading strategy. IronFX also offers negative balance protection in all entities. Negative balance protection means that clients cannot lose more money than they have in their accounts.

The IronFX VPS has a 2.4GHz Intel Xeon CPU and 2GB of RAM, and 30GB of HDD storage space. It operates on the Microsoft Windows Server 2012 R2 and includes a dedicated IP. The VPS is hosted in a secure data center and is available 24/7 for uninterrupted trading. These authorities’ regulations mean that IronFX is subject to strict rules and guidelines regarding its operations. It must comply with a range of requirements to ensure the safety and protection of its client’s funds. The FPA recommends against doing business with IronFx or any related company.

For example, this may be your driver’s license or passport. CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called margin, while the remaining funds are borrowed. As usual, the maximum amount that could be withdrawn by each payment method cannot exceed the amount you deposited. The only exception is the wire transfer, which should be used to withdraw profits. Traders who are mostly interested in stocks may take a look at other options available at the marketplace.

They have very dodgy withdrawal policy and you will never see your money again. Please rather look into registered and trustworthy brokers. IronFx is a horrible company that needs to be arrested for fraud and theft, visit support at onestandardfinance com to recover your funds from them. Additionally, if you want your fund safety, they have also some schemes for both individuals and teams. It means if IronFX breaks any commitment to the retailers they’ve to compensate the loss.

We have over 20 years of experience when it comes to trading online so we know what to look for. There may be fees charged when using certain payment methods but I generally found them to be negligible. Of course, if you are moving large amounts then you might notice more of a difference. Just make sure you check beforehand any costs you will incur.

Platform Info

The bulk of its research capacities comes from third-party provider Trading Central, which I find an acceptable solution. IronFX offers the Trading Central MT4 plugin, allowing traders access to tradeable ideas from within the trading platform. As a trading platform, MT4 remains one of the most popular for its wide community support, trade execution speeds, charting tools, and customisability. Additionally, traders can take their own customised version of the platform with them should they decide to migrate to another broker. With support for Metatrader 4 only, IronFX’s trading platform choice is severely limited compared to most other brokers, but it offers the MT4 Advanced. IronFX offers accounts denominated in GBP, which means that UK residents will not have to pay currency conversion fees.

• They will then trade your money away without your authority until there is nothing left.
• There are many options to choose from, and there are no deposit and withdrawal fees.
• Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers.
• Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

The selection of indices and commodities is also rich and includes both spot and futures instruments. As mentioned above, crypto pairs with various currencies are available for trading. More than 12 years in business, which speaks to the stability of the company . The key legal documents can be found in a separate section of the company’s website. These documents include Terms of Business, Privacy Policy, and Anti-Money Laundering Policy.

Beginner traders should source in-depth educational content elsewhere before trading at IronFX. Fixed spreads are available from 2.2 pips or $22.00 per lot. IronFX lacks transparency in describing its products and services, making frequent contact with customer service necessary. You can deposit and trade, once you try to get your money back – they become reluctant and don’t process a withdrawal. For the purposes of this review, we found the customer support responsive but uninformed.

IronFX’s blog content is curated by IronFx’s in-house analysts and is updated frequently. The blog content is a mixture of educational materials, explaining concepts such as technical and fundamental analysis, and also provides an overview of the markets. On the whole, other than the video material, blog content, and one downloadable e-book, IronFX’s educational materials lack depth and provide only a sweeping overview of the basics of forex trading. IronFX allows accounts to be denominated in 13 different base currencies, depending on the account chosen.

The funds will be returned the same way you deposited them, while the excess sum will have to be withdrawn through a bank transfer. IronFX login is enabled through MT4 mobile apps for Android and iOS. Besides MT4, the company has WebTrader mobile app, which is also compatible with all devices.