Pros
  • Segregates client funds
  • Established in 2010
  • Regulated by FCA, CySEC and ASIC
  • Variety of account types
Cons
  • Limited educational tools
  • Only forex and CFDs products
  • Limited range of trading instruments

Company Information

Founded in 2010, IronFX is a global forex and CFD broker. IronFX is regulated by the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA).

Markets

IronFX offers over 256 different instruments to trade, including over 120 currency pairs. You can choose among the following trading asset classes:

● Forex
● Indices
● Futures
● Commodities
● Metals
● Shares

Trading accounts

IronFX offers a variety of trading accounts to meet your needs and style of trading. You can choose between Live and STP/ECN trading accounts and enjoy the benefits of forex trading through the popular MT4 online trading platform. You can also register multiple trading accounts in our Client Portal upon registration. Let’s highlight the main features of each account type for you to choose the best variant.

Live floating/live fixed

  • STANDARD
  • • Spread from: 1.8
    • Leverage – up to 1:1000
    • Min. lot site – 0.01
    • Commission – none

  • PREMIUM
  • • Spread from – 1.6
    • Leverage – up to 1:1000
    • Min. lot site – 0.01
    • Commission – none

  • VIP
  • • Spread from – 1.4
    • Leverage – up to 1:1000
    • Min. lot site – 0.01
    • Commission – none

  • ZERO FIXED
  • • Spread – 0
    • Leverage – up to 1:500
    • Min. lot site – 0.01
    • Commission – yes

STP/ECN

  • NO COMMISSION
  • • Spread – 1.7
    • Leverage – up to 1:200
    • Min. lot site – 0.01
    • Commission – none

  • ZERO SPREAD
  • • Spread – 0
    • Leverage – up to 1:200
    • Min. lot site – 0.01
    • Commission – yes

  • ABSOLUTE ZERO
  • • Spread – 0.3
    • Leverage – up to 1:200
    • Min. lot site – 0.01
    • Commission – yes

Open an account

Opening an account with IronFX is a very easy and quick process. All you need to do is to provide the broker with the necessary information. Then you should confirm your residential address. You can also indicate your trading experience to receive some guides. After the application is approved, you can make the deposit and start trading.

Minimum deposit

You can open an account with IronFX with a minimum of 100$ as the first deposit. It will suit both a total beginner or an advanced trader.

© IronFX website screen

Trading Platforms

The broker offers the popular MT4 forex trading platform. It also offers you an opportunity to use the WebTrader platform. You can read more about the MetaTrader 4 and WebTrader platforms here.

Our verdict

After careful research, we can conclude the following facts. First of all, IronFX segregates client funds. It has a long trading experience, namely over 10 years, during that time it has acquired many users, namely, over 1.2 million, which proves the broker to be a popular one. It is a regulated and official broker. It also suggests a variety of accounts to its clients to meet the needs of all its customers. However, you should also pay attention to the following facts. They offer only over 200 trading tools, which comparatively is a small number, including a limited range of educational ones. Some customers complain about the customer service. You can trade only forex and CFDs products. To sum up, we would like to add that the broker is rather popular among its users, but it has several limitations as well. Before choosing a broker, just make sure you are aware of them.

IronFX Details

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Deposit Methods:
Withdrawal Methods:
Currencies:
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11 Comments
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Seamus Johnson
Seamus Johnson
October 8, 2020 12:18 pm

Their Customer service is very Good, I have been talking to Ajit , he is very helpful and make me feel trading is simple

Thank you Guys…

Winifrede Ramirez
Winifrede Ramirez
September 20, 2020 6:15 pm

So far, I’ve had an EXCELLENT experience with IronFX. The Customer Service has been very quick to respond to any questions I’ve had. The set-up process for a new Account was VERY easy. I quickly made my first deposit with no problem at all. I especially like the no “Commission” charge on each trade, that makes a big difference for me. Overall, VERY happy with them and would recommend them to anyone. Happy trading all!!. :0)

Major Washington
Major Washington
September 14, 2020 3:25 pm

I hopped that the withdrawal process would be much easier. But there were a lot of steps. I was tired of doing that

Vince Wilson
Vince Wilson
August 10, 2020 3:22 pm

I’m so far impressed with the services of IronFX. I’ve just started working with them, and they’ve been very easy and streamlined to work with. I would definitely recommend their services.

Celeste Price
Celeste Price
June 24, 2020 10:18 am

In about 6 month now, they never let me down. Superb execution and service!

Tucker Patterson
Tucker Patterson
June 2, 2020 11:52 am

I have found the support provided by IronFX to be extremely good. For example, today I went on to their Chat site and their consultant lived up to his name.

Esi made it easy!

I was assured that IronFX would address my issue and it would be within the next hour. Importantly, not only was it said it would be done. It was done.

Often I am told to wait 24 – 72 hours for service. This time I got what i wanted within 1 hour!

I don’t often get service like that. This was exceptional.

Tobias Foster
Tobias Foster
June 1, 2020 6:14 pm

I’m pretty new to forex and recently downloaded a decent robot which I was unsure of how to set up correctly with VPS. Customer service agent, Esi answered all my queries quickly and politely, even with some probably being stupid questions.. Very happy so far with this service hopefully they keep up the good work!

Armani Price
Armani Price
May 16, 2020 7:25 pm

When I am trading with certain amount does it mean I’m willing to risk that amount so negative balance for what? I think you should fix that problem and have negative balances protection…

Vivienne Brown
Vivienne Brown
May 12, 2020 4:14 pm

Support in IronFX – instant reaction and detailed consultations pleased.
In total at height, it is pleasant to cooperate.

Uri Collins
Uri Collins
April 20, 2020 12:20 pm

So far, I’ve had an EXCELLENT experience with FIronFX. The Customer Service has been very quick to respond to any questions I’ve had. The set-up process for a new Account was VERY easy. I quickly made my first deposit with no problem at all. I especially like the no “Commission” charge on each trade, that makes a big difference for me. Overall, VERY happy with them and would recommend them to anyone. Happy trading all!!. :0)

Harry Foster
Harry Foster
April 6, 2020 3:13 pm

Very good broker, very proffesional – just never set up with EA Fapturbo . . it’s rubbish