IronFX offers Islamic swap-free trading on 4 trading account levels, Standard, Premium, Live Zero Fixed Spread, and VIP. IronFX offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
🔎 Account | 🥇 Standard | 🥈 Premium | 🥉 VIP | 🏅 Live Zero Fixed Spread |
📉 Minimum Lot Size | 0.01 | 0.01 | 0.01 | 0.01 |
🔁 Spread | Floating from 1.6 Fixed to 2 | Floating from 1.4 Fixed to 1.8 | Floating from 1.2 Fixed to 1.6 | Fixed to 0 |
💵 Commission | ❎ No | ❎ No | ❎ No | ✅ Yes |
📊 Flexible Leverage Up to | 1000 | 1000 | 1000 | 500 |
⛔ Stop out | 20% | 20% | 20% | 50% |
☪️ Islamic Account Option | ☑️ Yes | ☑️ Yes | ☑️ Yes | ☑️ Yes |
👥 Dedicated Account Manager | 24/5 | 24/5 | 24/5 | 24/5 |
🤝 Dealing Department Transaction Hotline | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Min Deposit USD 100 Regulators FSCA Trading Platform MT4, Proprietary platform Crypto No Total Pairs 83 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
IronFX Islamic Account – 10 Key Point Quick Overview
- ✅ IronFX Overview
- ✅ IronFX Safety and Security
- ✅ IronFX Islamic Account
- ✅ How to Open an IronFX Account – A Step-by-Step Guide
- ✅ IronFX Trading Platforms
- ✅ IronFX Range of Markets
- IronFX Customer Reviews
- IronFX Pros and Cons
- Conclusion
- Frequently Asked Questions
IronFX Overview
IronFX is a market-leading forex service provider that offers access to 10 trading platforms and more than 300 tradable instruments.
🔎 Broker | 🥇 IronFX |
💰 Minimum Deposit | $100 USD |
🆓 Demo Account | ✅ Yes |
🔁 Spreads from | 0.8 Pips |
4️⃣ MetaTrader 4 | ✅ Yes |
📌 Regulation and Licenses | CySEC, FCA, ASIC |
⏰ Support Hours | 24/5 |
🖥️ Trading Platforms | MetaTrader 4, IronFX Web, TradeCopier |
💻 Account Types | Standard, Premium, VIP, Live Zero Fixed Spread |
🪙 Base Currencies | USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK |
📉 Leverage | 1:1000 |
💷 Currency Pairs | 85+ |
💶 Inactivity Fee | ✅Yes |
📊 Scalping | ✅Yes |
💹 Hedging | ✅Yes |
🚀 Open an Account | 👉 Open Account |
IronFX Safety and Security
IronFX is authorized and regulated by the Financial Sector Conduct Authority (FSCA). The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator in South Africa.
IronFX Islamic Account
IronFX offers Islamic swap-free trading on 4 trading account levels, Standard, Premium, Live Zero Fixed Spread, and VIP. IronFX offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
🔎 Account | 🥇 Standard | 🥈 Premium | 🥉 VIP | 🏅 Live Zero Fixed Spread |
📉 Minimum Lot Size | 0.01 | 0.01 | 0.01 | 0.01 |
🔁 Spread | Floating from 1.6 Fixed to 2 | Floating from 1.4 Fixed to 1.8 | Floating from 1.2 Fixed to 1.6 | Fixed to 0 |
💵 Commission | ❎ No | ❎ No | ❎ No | ✅ Yes |
📊 Flexible Leverage Up to | 1000 | 1000 | 1000 | 500 |
⛔ Stop out | 20% | 20% | 20% | 50% |
☪️ Islamic Account Option | ☑️ Yes | ☑️ Yes | ☑️ Yes | ☑️ Yes |
👥 Dedicated Account Manager | 24/5 | 24/5 | 24/5 | 24/5 |
🤝 Dealing Department Transaction Hotline | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
How to Open an IronFX Account – A Step-by-Step Guide
1. Step 1: Start the IronFX Account Registration.
In order to start the IronFX Account registration, the applicant can simply click on the green “Register” button located at the top of the IronFX webpage.
2. Step 2: Complete the IronFX Account Registration.
In order for the account application to be completed the applicant will be required to complete a simple online registration form.
IronFX Trading Platforms
IronFX makes the market-leading MetaTrader4 trading platform available. Additionally, IronFX allows interested parties to copy the best traders’ strategies via the IronFX AutoTrade Platform. IronFX also makes a Personal Multi Account Manager (PMAM) platform available which will allow users to manage several forex accounts with ease. Account holders can also make use of the IronFX TradeCopier Platform to copy the strategies of top-performing traders in real time. Users can choose to become a Strategy Follower or Strategy Provider.
IronFX Range of Markets
IronFX makes a wide range of markets available including access to Forex, Metals, Indices, Commodities, Futures, and Shares.
IronFX Customer Reviews
So Far, So Good.
I have only been trading with IronFX for a few months and I am very happy with my choice. – Carla
Excellent Support.
I’m very satisfied with the customer service received. – Chris
Happy Client.
I am very happy with my Broker Choice when it comes to IronFX. – Lucas
IronFX Pros and Cons
✅Pros | ❌ Cons |
Well-Regulated | High Withdrawal Fee |
MetaTrader 4, IronFX’s own platform, and third-party solutions | Does not offer cTrader or MetaTrader 5 |
Leverage of 1:1000 | Currency conversion fees apply |
IronFX Academy | Inactivity fee |
Several Account Types | Mixed reviews from customers |
Min Deposit
USD 100
Regulators
FSCA
Trading Platform
MT4, Proprietary platform
Crypto
No
Total Pairs
83
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, IronFX can be summarised as a trustworthy and well-established broker that is very competitive in terms of its trading fees.
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Frequently Asked Questions
Does IronFX offer an Islamic option on all their trading accounts?
Yes, IronFX offers an Islamic swap-free trading account on 4 trading account levels, Standard, Premium, Live Zero Fixed Spread, and VIP.
Can South African Muslim Traders open an Islamic account with IronFX?
Yes, Muslim Traders from South Africa are welcome to open an Islamic account with IronFX.
Do IronFX Islamic Account options come with a Dedicated Account Manager?
Yes, all IronFX Islamic Account options come with a Dedicated Account Manager.
What are the spreads for the IronFX Islamic account?
The spreads on IronFX’s Islamic account are similar to those on their other account types, such as the Standard, Premium, Zero Spread or VIP accounts. However, the Islamic account is designed to be swap-free, which means that there are no rollover interest charges or credits on overnight positions.
What trading platform is made available on the IronFX Islamic Accounts?
IronFX makes the market-leading MetaTrader4 trading platform available on all account options.
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