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IronFX – Broker Review and Trader Feedback

3.9 / 5
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Binary options are not available to retail EU traders. If you are not a professional trader, please leave this page

IronFX was established in 2010 and it is regulated by 4 different jurisdictions such as FCA (UK), CySEC (Cyprus Securities Exchange Commission), FSB (South Africa) and ASIC (Australia). In addition, IronFX Global’s headquarters is based in Limassol and operates with global offices in London, Sydney, Johannesburg, Prague and Madrid.

1. General Information

IronFX offers a wide range of CFDs trading on Shares, Futures, Spot Indices, Metals, Commodities and Cryptocurrencies. Furthermore, IronFX serves clients in 30+ languages from more than 180 countries globally.

2. Advantages and Disadvantages

Regulations: This broker is regulated under several jurisdictions such as FCA, CySEC, FSB and ASIC assuring the economic strength of the broker and the integrity towards its clients.

Best Trading Environment: IronFX offers one of the lowest spreads in the market combined with flexible leverage up to 1:30 depending on the entity the trader is registered and the type of account.

Trading Execution: Instant Execution with no Slippage 99.62% of trades executed in milliseconds. Market Execution with No Requotes 100% of trades executed in milliseconds.

Utmost Liquidity: The broker cooperates with 16 investment rated banks providing instant access to one of the deepest liquidity pools.

Research and Analysis: IronFX research and strategy team prepares daily reports covering fundamental and technical analysis, overviews of the world economies and the financial calendar of economic announcements. These are sent to clients on a daily basis.

Excellent Customer Service: Dedicated account managers available to provide support around the clock. Toll free numbers are offered for 12 countries for the trader to call his account manager for any support. If we are not online the message will automatically be recorded, to be dealt with as soon they open their doors.

Safety of Funds: Clients investments and funds are held with utmost security, clarity and integrity.

Account Funding: Funding top-tier international banks via a simple client interface with no fees applied. IronFX offer various ways of depositing money into accounts such as Bank Transfer, Credit/Debit Card, Skrill, Neteller, we also have local funding methods such as Boleto for Brazil and many more.

Products and Platforms: IronFX offers 6 trading product types and 10 Trading Platforms.

3. Trading Conditions

In order to open an account with IronFX; traders have to invest minimum 50$ on live accounts and 500$ on STP/ECN accounts. IronFX offers 6 different trading accounts providing the opportunity to trader to select the perfect account according to his strategy. The three of the accounts are commission free (Live Floating Spread, Live Fixed Spread and STP No Commission). Spreads are variable from 1.1 pips and fixed 2.2 on EUR/USD. Premium and VIP accounts with better spreads are also available on bigger deposit amounts.

The maximum leverage with IronFX reaches 1:30 on a specific entity.

4. Underlying Assets

IronFX offers to clients the ability to trade in more than 130 currency pairs, oil and energy products, spot metals, agricultural commodities and a wide range of CFDs on indices, as well as stocks. IronFX has recently announced the launch of Cryptocurrency trading including Bitcoin, Etherium, Litecoin and Ripple.

5. Trading Platforms

IronFX focus business on Metra Trader 4 (MT4) which is the most preferable platform from the majority of traders from all over the world. It is available on PC, MAC, Mobile, Tablets as well as web version (online) which provides three trade execution modes (Instant, Market and also pending and stop orders). In addition, several technical indicators and various Expert Advisors (EAs) as well as advance charting package are available by using this platform.

Some more features of mt4 consists of: One Click Trading, history reports, real time price fees and news.

IronFX also offers a free VPS (Virtual Private Server) to clients who deposits or maintain a 5000$ balance for the following months. VPS is mostly used by traders using Expert Advisors (EAs), giving them the opportunity in trading robots and work more efficiently.

Furthermore, IronFX gives the opportunity for Money Managers and Professional Traders to use the Personal Multi-Account Manager (PMAM) and be able to trade on multiple Mt4 accounts simultaneously.

6. Mobile Trading

Considering the technology of 21st century, IronFX allows you to trade even if you are not at work and keep an eye on the financial market. The mobile application is easy to be used and it has almost the same features with the Desktop MT4. The only differences are in the layout and the size of separate elements of the interface. Mt4 application can be downloaded from Google Play and the App Store.

7. Demo Account

A free demo account can be created by entering the official website of IronFX and click on the red button ‘’Open Demo account’’. A trader has the ability to choose between 4 different accounts with maximum virtual money of 100,000$. Demo accounts allows traders to use their trading strategies prior depositing and trade with real money.

8. VIP Account

VIP Account is provided to traders that are willing to invest more than 20,000$. The trader can choose between Fixed and Variable spread and he will benefit our lowest spreads from 0.5/0.7 pips, dedicated account manager available 24/5 and dealing department hotline transaction. A free Virtual Private Server (VPS) will be given to the VIP Trader upon request.

9. Opening an account

Trader just need to complete the simple 3 step registration process, submit a proof of identification and proof of address and his trading account will be opened in the next 24 hours. Money can be deposited through Debit/Credit Card, Bankwire, Skrill, Neteller and various other payment methods.

10. Funds Withdrawal

Trader needs to receive his initial deposit via the payment method initially used. Profits made from trading can be sent to his bank account or any e-wallet IronFX offers. In order for the above to take effect, trader needs to apply for a withdrawal from his client portal. Trader can track his withdrawal request by entering the Transaction History from his Client Portal.

11. Trader Training

IronFX stands next to traders by offering them all they need to know about Forex. Traders have the ability to enjoy the broker’s educational videos, E-book, Economic Calendar, Forex Encyclopedia, live Economic News and arranged Webinars. One can find the above material by entering the Homepage of IronFX and click on Academy Tab.

12. Should I trade with IronFX?

IronFX is the award winning Global leader in Online Trading offering its services for about 8 years. IronFX has succeeded to earn a reputation as one of the most reliable brokers around. The quality of their services and bonuses are truly worth checking for anyone who is looking for a new broker.

Binary options are not available to retail EU traders. If you are not a professional trader, please leave this page

Reviews on IronFX

Comments about IronFX
( 12 )
User rating: 4.0 / 5

Comments: 12

  1. avatar
    Savanna P.

    IronFX is so knowledgeable about cryptocurrency and explaining everything to me. It’s definitely worth having an advisor. Less stress and having everything amazingly taken care of has been awesome!


  2. avatar
    Batics Attila-cég

    They do not pay my equity back … another 7 of my friends in the same situation. This is the 4. year. Be aware!


  3. avatar
    Alice Luna

    I was scammed of $89,000 worth of bitcoin with a scam forest investment unknowingly then, I didn’t know what to do.. I felt like committing suicide, but fortunately for me, my friend introduced me to a cyber crime investigator ( Mr. Julius Patrick) who also helps in recovering lost invested funds, After working with him, to my greatest surprise, in just few days I got all my lost funds back, if you have been scammed with fake forex you don’t need to be scared or worried, because you can also reach him on his email address: { juliuspatrick543 (@) }. He will recover all your lost funds back fast.


  4. avatar
    Louise Elizabeth

    WDCMARKETS is a big scam, I invested a lot of money in this company and everything was going good until I said I wanted to withdraw and all my money was gone. I paid 240,000 Euros, they won’t allow me to withdraw any of my money out, I email them everyday, once you put money in, you can’t get it out. I finally was able to get my money back with the help of a recovery chargeback service done by ([email protected]). His reliable chargeback firm, you can contact him if you need, He can help you get your life back like he did for me, I guess this information may be useful.


  5. avatar
    Carolina gray

    lost funds or Bitcoins recovery as the case might be, is not what you can do easily yourself , you’d require the service of a trained specialist. I mean a recovery specialist ,is a person or a group of people who are well equipped to work around the crypto network. They have vast knowledge about the whole network and have the right software and private keys to follow any transaction. I was scammed $49,000 worth of Bitcoin in Binary option, good thing I got every penny back through the help of Mr Nick he’s a genius Reach maiI : nickjover4 (at) gmaiI . com It is also important to be patient and really calm during the process.


  6. avatar
    Nadeem Sohail

    They scammed me of £45,900 and denied me access to my account. I called them and they gave me another story and changed my account manager got my money back when I reached out to a recovery expert via Gmail ( hoskey 44 @gmail) to help me recover my money and it was successful.

    Do contact this company via, Gmail …also WhatsApp ‪+44 7949 403132‬,

    Take the right step and recover your lost funds. Trust me is 100% possible.


  7. avatar
    Maria Gomex

    I was scammed on coinyee as well in bitcoin investment over $98k and i was able to get back my money through the help of cp-investigation (.) com They are one of the rare ones out there .


  8. avatar

    I invested over $250k trading online and all access to make withdrawals of my funds was denied, I got in contact with the customers support but didn’t get a reasonable response from them, all my funds including my profit was stuck on the platform. I was so sad being frustrated over things, until I was advised to contact gavin ray a well known recovery specialist by a friend of mine who has also encounter withdraw issues solved by Gavin , I texted him and presented all legal documents and following all procedures he instructed and he successfully initiated the withdrawal confirming the payment into my bank account, i recommend his services to anyone you can contact him on email gavinray78 gmail com or WhatsApp ‪+‪1 (352) 322‑2096‬.


  9. avatar
    James blood

    If you have experienced substantial financial loss as a result of fraudulent binary option investments, it is important to file a complain about the scam broker and obtain a chargeback service in getting back your asset, I recommend gryphon solicitor as a reliable recovery firm proceeding with their assistance in recovering your asset. I have come across positive feedback about gryphonsolicitor. com, I have use there and gain positive outcome and would recommend them which may be worth exploring in securing a legal chargeback service.


  10. avatar
    Jay Doris


    Good day Audience, I want to use this great medium to announce this information to the public about Mr MORRIS GRAY. few months back, I was seeking an online BTC investment plan when I got scammed for about $172,000. I was so down and didn’t know what to do until I came across a timeline about Mr MORRIS GRAY. so I reached out to him and to my greatest surprise, they were able to recover all the funds which I had previously lost to the Devils. I am so glad to share this wonderful news with you all because it cost me nothing to announce a good and reliable Hacker as Mr MORRIS GRAY, His direct email is Morris Gray 830 at gmail dot com, WhatsApp: +1 (607) 698-0239…


  11. avatar

    You can deposit money and trade but When you want to make withdrawal of your funds they seem to reject it, Which means you can accumulate ur asset on their page , After asking for a withdrawal, I sent another email, but I got no response. When I contacted Gavin ray a recovery specialist for assistance, he looked into the matter and made the necessary arrangements, so I had to take the proper steps in order to receive my money back. He gave me a full refund of the money that was held on the platform via his mail Gavinray78 gmail. com or WhatsApp +13523222096 ,It was a negative encounter with the platform


  12. avatar
    Elizabeth jones

    Most binary option platforms tend to be unregulated you can deposit more without getting your withdrawal, I was able get my withdrawal issues solved immediately with the help of Gavin ray, he has done so well for me when I reached out to him on his mail [email protected] or WhatsApp +13523222096 he helped me in placing a recovery from the platform and restores my funds.


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