Overall, IronFX can be summarised as a trustworthy and well-established broker that is very competitive in terms of its trading fees. IronFX is authorized and regulated by the Financial Sector Conduct Authority. IronFX has a trust score of 90 out of 99.
🔎 Broker | 🥇 IronFX |
💰 Minimum Deposit | $100 USD |
🆓 Demo Account | ✅ Yes |
🔁 Spreads from | 0.8 Pips |
4️⃣ MetaTrader 4 | ✅ Yes |
🚀 Open an Account | 👉 Open Account |
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 Review – Analysis of Brokers’ Main Features
- ✅ IronFX Overview
- ✅ IronFX Detailed Summary
- ✅ IronFX Advantages over Competitors
- ✅ IronFX Safety and Security
- ✅ IronFX Sign-Up Bonus
- ✅ IronFX Affiliate Program
- ✅ IronFX Minimum Deposit
- ✅ IronFX Account Types
- ✅ How to Open an IronFX Account – A Step-by-Step Guide
- ✅ IronFX Islamic Account
- ✅ IronFX Demo Account
- ✅ IronFX Trading Platforms
- ✅ IronFX Range of Markets
- ✅ IronFX Fees, Spreads, and Commission
- ✅ IronFX Deposit and Withdrawal
- ✅ IronFX Education and Research
- ✅ IronFX Customer Support
- IronFX Best Countries by Traders
- IronFX Countries not Accepted
- IronFX vs IC Markets vs IG – A Comparison
- IronFX Alternative – IC Markets
- IronFX Customer Reviews
- IronFX Current Popularity Trend
- 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 Detailed Summary
🔎 Broker | 🥇 IronFX |
💰 Minimum Deposit | $100 USD |
🆓 Demo Account | ✅ Yes |
🔁 Spreads from | 0.8 Pips |
4️⃣ MetaTrader 4 | ✅ Yes |
📌 Asset Classes | 6 |
⚙️ Tradable Instruments | 300 |
🤝 Client Support | 24/5 |
🚀 Open an Account | 👉 Click Here |
IronFX Advantages over Competitors
The main advantages of choosing to trade with IronFX include:
- Access to a Wide Range of Products
- Multiple Account Options
- Industry Leading Trading Platforms
and much, MUCH more!
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 Sign-Up Bonus
IronFX does offer 3 sign-up, and welcome bonus offers available that range from 20% – 100%. The IronFX sign-up bonus offers are structured as +100%, +40%, and +20% bonus programs.
🔎 Bonus Offer | 📌 Bonus % |
🎉 Unlimited Sharing Bonus | 100% |
🎁 Power Bonus | 40% |
❤️ Iron Bonus | 20% |
🚀 Open an Account | 👉 Click Here |
IronFX Affiliate Program
IronFX does make partnership options available in the form of an Introducing Broker and Affiliate Program. IronFX IBs will have the ability to earn a bonus on IB commissions whereas the IronFX Affiliates Program comes with a generous awards plan.
IronFX Minimum Deposit
The minimum deposit required to open an IronFX Account is $100 USD. IronFX provides 7 different live trading accounts, Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero.
🔎 Min. Deposit to Claim Bonus | 🎉 Bonus Offer |
💵 $100 USD | Sharing Bonus |
💶 $200 USD | Power Bonus |
💷 $500 USD | Iron Bonus |
🚀 Open an Account | 👉 Click Here |
IronFX Account Types
IronFX provides 7 different live trading accounts, Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero. The minimum deposit required to open an IronFX Account is $100 USD.
🔎 Floating/Fixed Spread Accounts | 🔍 STP/ECN Account | 🚀 Open an Account |
🥇 Standard | 🥇 No Commission | 👉 Click Here |
🥈 Premium | 🥈 Zero Spread | 👉 Click Here |
🥉 VIP | 🥉 Absolute Spread | 👉 Click Here |
🏅 Live Zero Fixed Spread | 👉 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 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 |
IronFX Demo Account
IronFX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The IronFX demo account expires after 30 days.
🔎 Broker | 🥇 IronFX |
🆓 Demo Account | ✅ Yes |
🪙 Virtual Funding | ✅ Yes |
📈 Risk-Level | None |
🚀 Open an Account | 👉 Click Here |
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 Fees, Spreads, and Commission
Trading with IronFX will involve fees from $100 USD, spreads from 1.6 pips, and commission-free trading depending on the account traders select.
🔎 Broker | 🥇 IronFX |
💰 Minimum Deposit | $100 USD |
🔁 Spreads from | 1.6 Pips |
📊 Commission | Variable |
📈 Leverage | 1:1000 |
🚀 Open an Account | 👉 Click Here |
IronFX Deposit and Withdrawal
IronFX makes a wide variety of trusted deposit options available including Debit/Credit Cards, Neteller, FasaPay, Perfect Money, and more. Withdrawals from IronFX can only be made via Bank Wire.
IronFX Education and Research
Under the IronFX School Tab on the IronFX website, traders will be able to find a wide selection of educational resources. Educational and Research made available by IronFX include Courses, Seminars, Webinars, and Podcasts.
IronFX Customer Support
IronFX Customer Support is made available 24/5 via Live chat, Email, a Support Line, and a FAQ Section.
IronFX Best Countries by Traders
🌎 Country of Trade | 📌 % of Traders |
🥇 Italy | 9.64 |
🥈 Colombia | 9.39 |
🥉 Spain | 7.98 |
🏅 France | 6.86 |
📍 UAE | 6.74 |
IronFX Countries not Accepted
IronFX does not offer its services to residents of certain jurisdictions such as the USA, Cuba, Sudan, Syria, and North Korea.
IronFX vs IC Markets vs IG – A Comparison
🔎 Broker | 🥇 IC Markets | 🥈 IronFX | 🥉 IG |
💰 Minimum Deposit | $200 USD | $100 USD | £250 GBP |
📊 Tradeable Symbols | 3583 | 340 | 19537 |
📎 Forex Pairs | 61 | 83 | 100 |
🔁 Avg. Spread | 0.62 | 1.2 | 0.86 |
4️⃣ MetaTrader4 | ✅ Yes | ☑️ Yes | ✅ Yes |
🆓 Demo Account | ☑️ Yes | ✅ Yes | ☑️ Yes |
🚀 Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
IronFX Alternative – IC Markets
When compared to similar brokers a viable alternative broker choice to IronFX is IC Markets. IC Markets is considered a low-risk and can be summarised as trustworthy and reliable.
🔎 Broker | 🥇 IC Markets | 🥈 IronFX |
💰 Minimum Deposit | $200 USD | $100 USD |
📊 Tradeable Symbols | 3583 | 340 |
📎 Forex Pairs | 61 | 83 |
🔁 Avg. Spread | 0.62 | 1.2 |
4️⃣ MetaTrader4 | ✅ Yes | ☑️ Yes |
🆓 Demo Account | ☑️ Yes | ✅ Yes |
🚀 Open an Account | 👉 Open Account | 👉 Open Account |
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 Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term “IronFX” is entered into Google’s search engine over a given period of time.
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.
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
Disclaimer
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. 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.
Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This evaluation is comprised of positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice and traders are urged to seek professional financial advice before making any investment or trading decisions.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original investment.
Frequently Asked Questions
Is IronFX a trusted Broker Choice?
Yes, IronFX can be summarised as a trustworthy and well-established broker.
Who is IronFX and what does it have on offer?
IronFX is a market-leading forex service provider that offers access to 10 trading platforms and more than 300 tradable instruments.
Are there any advantages to trading with IronFX?
Yes, the main advantages of choosing to trade with IronFX include access to a wide range of products and multiple account options.
IronFX is regulated by the FSCA. Who is the FSCA?
The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator in South Africa.
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