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There are no fees for deposits and withdrawals, except for fees for bank wires under $300. There are plenty of base currencies to choose from, which is good for clients. IronFX offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles. Money managers can also benefit from a personal multi-account manager that allows trading of multiple Metatrader accounts. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform.

Another trading platform offered by IronFX is its Webtrader 4 web-based trading platform that was developed in house. IronFX makes the market-leading MetaTrader4 trading platform available. MetaTrader4 makes instant access available to over 300 instruments from 6 different asset classes all on a single platform.

https://forexhero.info/ leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. IronFX offers a demo account so you can try the IronFX platform with virtual trading before you put down a payment. The demo account is a great opportunity to practice strategies and become familiar with the platform with their demo account option. Till then it is not recommended to open an account with IronFX and put capital at high risk as of the broker’s lack of professionalism to handle operations. Broker provides its customers with standard contact options on its website that can be used to make general enquiries and get support on technical issues.

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We created a trading news section to provide you with all the vital financial information you need to succeed in your online trading goals. Access and read important articles, trading tutorials, trading news & updates, expert fundamental and technical analyses as well as a multitude of educational resources to always stay on top of your trades. We created an unparalleled environment for online trading that enables us to provide access to a wide and highly diversified range of trading instruments from 6 different asset classes. Thank you for taking the time to share your positive experience with us. If there is anything we can do to improve your trading experience further, please do not hesitate to contact us directly at There is a very high degree of risk involved in trading securities.

Hi Michael, The MT4 trading platform of IronFX is optimized for trading by offering a user-friendly interface, customizable charts, automated trading, multiple order types, and mobile trading. These features allow traders to stay on top of the markets and make informed trading decisions. For more information and details about our trading platforms, feel free to reach out to your IFX Expert or to our Customer Support team at IronFX Solid Trading.

Please accept our sincerest apologies for any inconvenience this may have caused you. At IronFX we take the privacy and security of our clients very seriously. We are currently investigating the matter to identify the source and reason behind the unauthorized account creation. Rest assured that we are taking all the necessary steps to prevent such incidents from happening in the future. Much the same as some of the more recent reviews, about a week ago, someone created a fake account using the email tied to this TrustPilot account.

IronFX has no mention of complying with any Indian regulators on its website. It is also worth mentioning that Forex trading is actually prohibited in India. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here. Here are numerous misleads that in fact show the story from another side. The company changed its registered corporate name to Notesco Financial Services, which causes regulation questioning along with other existing issues.

Is IronFX a Legit Forex Broker?

Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. The broker provides traders with access to the global financial markets through popular trading platforms, including the industry standard MetaTrader 4 and WebTrader. Also, traders can benefit from fast and reliable execution with VPS Hosting.

Gives the all the possibilities to be able to trade flawlessly on the go, whenever I am. Whether it’s the airport waiting for a plane, or in a cab, or in the office, or in my living room. Thanks so much for your fair and balanced review and for giving us your take on how our team is doing. We’re glad that customers like you are having a great experience with IronFX. I am happy with ironfx because of how much they do for their clients. Thank you so much for taking the time to share your feedback.

Safest Forex Brokers 2023

Overall, IronFX ranks #51 out of the 62 brokers that have been evaluated and scored within our investment types category. It is important to note that the international entity operating out of Bermuda, the one featured in this review, where most traders will manage portfolios, remains an unregulated entity. Per the information provided at the CySEC unit, bank wires are not available for withdrawals.

• Thank you so much for taking the time to share your feedback.
• Besides MT4, the company has WebTrader mobile app, which is also compatible with all devices.
• When it comes to cryptocurrencies, IronFX recently partnered with EmurgoHK in 2018 to create a new cryptocurrency exchange called IronX.
• IronFX is the ideal choice for those who take online trading seriously and want to do well.

We are sorry to hear that your experience with IronFX has not met your expectations so far. We offer a range of account types to suit different trading styles and preferences, including accounts with tight spreads and low commissions. We also provide our clients with access to a variety of trading tools and educational resources to help them make informed trading decisions.

Discover the world of trading with IronFX

If you can afford to trade with 50k is good because you can have custom spreads and swaps which is perfect if your strategy depends on spreads and swaps. I want to write that this broker appeared to be trustworthy in my eyes. Thank you for choosing IronFX as your go-to online CFD broker. We look forward to continuing to serve you and help you achieve your trading goals. IronFX has a Trust Score of 84, compared to the industry average of 83, and BrokerNotes.co considers IronFX to be Trusted. IronFX fails to provide phone support or access to the finance department.

IronFX offers , which helped contribute to the broker ranking #51 out of 62 brokers overall in this category. IronFX maintains a blog where traders get occasional trading signals and market commentary in a well-presented format. 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. IronFX has a minimum deposit of $50, which is good for beginner traders. The broker also offers educational webinars for beginners.

The IronFX TradeCopier Platform allows users to copy the strategies of top-performing traders in real-time. Users can choose to become a Strategy Follower or Strategy Provider. IronFX does offer 3 sign-up, and welcome bonus offers of 100%, 40%, and 20% respectively. The IronFX sign-up bonus offers are structured as +100%, +40%, and +20% bonus programs with a minimum deposit required of $100 USD, $200 USD, and $500 USD respectively.

All of the accounts currently supported by IronFX allow dealing in minimum lot sizes of 0.01. Several trading platforms to choose from and a wide range of financial instruments make this broker attractive for opening a trading account. I have had a positive experience with IronFX, particularly with their withdrawal process.

Between 65% and 82% of retail investor accounts lose money when trading CFDs. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.

recently started trading here and still…

The free IronFX Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone.

Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.

Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. A reliable forex and CFD provider with over 1.2 million clients in 180 countries worldwide. However, with everything we’ve learned about IronFX, testing doesn’t help.

• On the regulatory side of things, IronFX is currently regulated by a number of authorities across Europe and Australia.
• Wide range of ECN accounts is exactly what I need to trade more effectively during the day.
• If you are new to trading online, then you will be pleased to find a demo account option.
• We appreciate your kind words and we are pleased that our efforts have been recognized.
• If you ever have any questions or need assistance, please don’t hesitate to contact our Customer Support team at We’re always here to help.
• These partnerships have proven to be great aids in the furthering communication between brokers and our visitors.

While the ironfx review is helpful in certain circumstances, it cannot beat the speed of work that could be achieved using the desktop platform, which is the primary solution for active trading. Despite the fact that IronFX received a below-average score in the Education category, beginner traders would benefit from the educational webinars available in multiple languages. IronFX got a below-average score in the Research and Education categories. The company decided to focus on video content for beginner traders, and some important parts of educational & research support are not available.