All Share (J203) = 89 573
Rand / Dollar = 18.34
Rand / Pound = 23.76
Rand / Euro = 19.86
Gold (usd/oz) = 3 078.83
Platinum (usd/oz) = 983.13
Brent (usd/barrel) = 72.77
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IronFX – Islamic Account

 

IronFX Islamic Account ZAR

 

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 Size0.010.010.010.01
🔁 SpreadFloating 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 to100010001000500
⛔ Stop out20%20%20%50%
☪️ Islamic Account Option☑️ Yes☑️ Yes☑️ Yes☑️ Yes
👥 Dedicated Account Manager24/524/524/524/5
🤝 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

 

  1. IronFX Overview
  2. IronFX Safety and Security
  3. IronFX Islamic Account
  4. How to Open an IronFX Account – A Step-by-Step Guide
  5. IronFX Trading Platforms
  6. IronFX Range of Markets
  7. IronFX Customer Reviews
  8. IronFX Pros and Cons
  9. Conclusion
  10. Frequently Asked Questions

 

 

IronFX Landing Page

 

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 from0.8 Pips
4️⃣ MetaTrader 4✅ Yes
📌 Regulation and LicensesCySEC, FCA, ASIC
⏰ Support Hours24/5
🖥️ Trading PlatformsMetaTrader 4, IronFX Web, TradeCopier
💻 Account TypesStandard, Premium, VIP, Live Zero Fixed Spread
🪙 Base CurrenciesUSD, EUR, GBP, AUD, JPY, BTC, PLN, CZK
📉 Leverage1:1000
💷 Currency Pairs85+
💶 Inactivity Fee✅Yes
📊 Scalping✅Yes
💹 Hedging✅Yes
🚀 Open an Account👉 Open Account

 

IronFX Overview

 

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 Safety and Security

 

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 Size0.010.010.010.01
🔁 SpreadFloating 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 to100010001000500
⛔ Stop out20%20%20%50%
☪️ Islamic Account Option☑️ Yes☑️ Yes☑️ Yes☑️ Yes
👥 Dedicated Account Manager24/524/524/524/5
🤝 Dealing Department Transaction Hotline✅ Yes✅ Yes✅ Yes✅ Yes
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here👉 Click Here

 

IronFX Islamic Account

 

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.

 

IronFX Account 1

 

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 Account 2

 

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 PlatformIronFX 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 Trading Platforms

 

IronFX Range of Markets

 

IronFX makes a wide range of markets available including access to Forex, Metals, Indices, Commodities, Futures, and Shares.

 

IronFX Range of Markets

 

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

 

TrustPilot 5 Stars

 

Excellent Support.

I’m very satisfied with the customer service received. – Chris

 

TrustPilot 4 Star

 

Happy Client.

I am very happy with my Broker Choice when it comes to IronFX. – Lucas

 

TrustPilot 3 Star

 

 

IronFX Pros and Cons

 

✅Pros❌ Cons
Well-RegulatedHigh Withdrawal Fee
MetaTrader 4, IronFX’s own platform, and third-party solutionsDoes not offer cTrader or MetaTrader 5
Leverage of 1:1000Currency conversion fees apply
IronFX AcademyInactivity fee
Several Account TypesMixed 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.

 

 

You might also like:  IronFX Review

You might also like:  IronFX Sign-Up Bonus

You might also like:  IronFX Minimum Deposit

You might also like:  IronFX Account Types

You might also like:  IronFX Demo Account

You might also like:  IronFX Islamic Account

You might also like:  IronFX Fees, Spreads, and Commission

 

 

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.

4.5/5 - (27 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 3, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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