IronFX is part of an International Financial Services Group founded in 1972. IronFX itself began operating in 2010, positioning itself as a leading broker in the financial markets. Since 2012, IronFX has expanded its market reach to over 20 countries, including Indonesia.
IronFX facilitates trading in Forex, CFDs for stocks from the US and UK, commodities, and spot metals. In addition, the IronFX website also provides market analysis, reports and commentary from financial experts, including technical and fundamental analysis, global economic coverage, and an economic data release calendar.
| Broker Name | IronFX |
| Website | Click Here For The Official IronFX Broker Website |
| Company | Notesco Financial Services Limited |
| Founded in | 2010 |
| Regulator |
FCA (no. 585561), ASIC (AFSL no. 417482), CySEC (no. 125/10) |
| Customer service | Live chat, email, telephone |
| Website language | English, Arabic, Czech, French, Italian, Polish, Portuguese, Russian, Spanish, Vietnamese, German, Korean, Chinese, Japanese |
| Deposit and withdrawal | Credit cards, Wire Transfer, Skrill, Fasapay, China Union, DotPay |
| Expert analysis | ✔️ |
| Educational content | ✔️ |
| Trading platform | MetaTrader 4 |
| Trading instruments | Forex, commodities, Index and Stock CFDs |
| Spread | Floating maximum 1.1, fixed on Micro accounts starting from 2.2 |
| Minimum initial deposit | 100 USD (Micro) |
| Account Currency | USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, HUF, CZK |
| Leverage | 1:30 |
| Minimum Lot | 0.01 |
| Account Types | Live Floating Spread (Micro, Premium, VIP), Live Fixed Spread (Micro, Premium, VIP), Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, STP/ECN Absolute Zero. |
| Swap-free account | ✔️ |
| Hedging | ✔️ |
| Scalping | ✔️ |
Trading Conditions at IronFX
-
Possessing Various Regulations
Broker regulation and security are always considered by forex traders. The large number of problematic brokers makes this factor one of the most vital in choosing a broker. Therefore, to guarantee client peace of mind, this Cyprus-based broker collects registrations from various jurisdictions, including from the renowned FCA in the UK and ASIC in Australia.
-
Has Leading Technology
IronFX is one of the brokers with leading technology, but has several points that need to be tested first. In terms of advantages, IronFX allows you to trade on 15 platforms simultaneously with just one account. The variety of trading accounts it offers will also make traders with any trading style find a match. Moreover, the variety of forex, spot metals, CFDs, and commodities offered is among the largest compared to other forex brokers.
-
Trading Costs Are Quite High
But on the other hand, trading costs at IronFX are quite high. Its fixed spread and floating spread cannot be said to be low. This broker does offer zero spread accounts (zero fixed spread), but there is a fairly large commission fee per lot if trading with this account.
If you want to register with IronFX, you can start with a minimum initial deposit amount, and try withdrawing several times to ensure smoothness.