IronFX: Online Forex Trading & Forex Broker

A completely regulated and authorised body that ensures full security of the traders. We have an IronFX review to guide readers to find out more about the broker. We are sorry to know about your negative experience with our platform, please email us at trustpilot- with your account details for further assistance. Let’s have a look at what a trader can benefit from and has to manage in IronFX broker services. The pros will provide an outline of the broker and what one can take advantage of.

Margin requirements on index CFDs are as low as 1%, which means that traders who have a capital of only $100 can control a $10,000 position. There are a number of other benefits for those who wish to speculate on market indices – high volatility, low costs, and leverage, which gives traders more flexibility. Clients across Europe and the UK are offered two types of protection – segregated client bank accounts and financial compensation if IronFX fails to pay its customers.

Can you get rich by trading forex?

The web terminal is a modern, fast HTML5 application that runs on any computer system without the need to download any additional browser plug-ins and add-ons. 2 January 2015, Cyprus – IronFX Global, the Global Leader in Online Trading, has announced https://limefx.name/ the launch of its latest live trading competition “The IronFX Monaco Super Race”. FAQs – Found in the ‘Contact Us’ section, the FAQs can answer queries on any number of topics, from payment queries to instructions on how to close an account.

• Apart from that, Iron FX provides a multitude of financial instruments to trade with, figuring up to a collection of more than 200 instruments.
• The company serves institutional and retail investors in more than 180 countries in the Middle East, Europe, Africa, Asia, and Latin America.
• Learn more here about how we evaluate a broker’s trustworthiness.
• You will be able to execute instantly, but you will not find the speed you want when you sign in.

They offer customer support in multiple languages which is always a plus. The demo account is a great modality that helps beginners to get familiar with the system. The multiple regulations make trading with Iron FX safe and secure.

Accessible whenever you need

Furthermore, the EA builder, copy trading service and free VPS provided by the firm are also only available on the global site. However, it is not clear whether these trade resources are available to UK account holders or not. While little information is provided for the first three trading accounts, the progressively lower minimum spreads would suggest that eligibility for each account is based on trading volume. Several account types are boasted by IronFX to cater to the needs of different investors. All accounts allow both hedging and netting through the MT4 trading platform.

The selection of account types will also accommodate various trading approaches and capital requirements. Forex and CFD brokers are responsible for facilitating trades on the foreign exchange market, essentially by providing a platform through which traders can buy and sell a wide range of currency pairs. A trader can easily open their trading accounts and enjoy IronFX services.

Since then, things have been different at IronFX in regards to client relations, and scores of new financial products have been added recently. Keeping this in mind, never invest more money than you can risk losing. The risks involved in trading may not be suitable for all investors.

• Low spreads – Customer reviews and research show IronFX’s spreads are competitive, helping to keep trading costs down.
• User Friendly – Their platforms are available on iOS and Android devices as well as for traditional means of computers as well.
• 68% of retail investor accounts lose money when trading CFDs with this provider.

For example, you’ll use a market order or limit order to open new trades and close existing ones. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.Learn more at Wikipedia. IronFX offers you different types of trading accounts, and a Demo account, if you want to try out the broker without facing financial loss. Once you open an account, you will be able to use several types of payment methods, with a range of different base currencies to utilize while funding your account. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site.

IronFX has three significant account tiers to trade in financial markets. Traders can go with the account that suits their trading needs and make the most use of the facilities provided. With the help of the above given details and overview of the services of the IronFX broker, it could be analysed that it is a legit service provider and not a scam.

While the broker is no longer under investigation from CySEC after a €335,000 settlement in 2015, many may still be wary of the company after this scandal. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. All accounts derive benefit from zero commissions, technical analysis reports, dedicated account managers, complete network-operating environment support, and a real-time customer coverage. With so many different forex brokers to choose from, it is important to carry out the necessary research to find a reliable one. XTB is another option for those who want lower costs for trading forex with great customer service.

Of course, this list is not exhaustive and is not intended to inform any final decision made on your part. Instead, use it as a reference tool to guide your research and find a broker that best suits your trading style and personal circumstances. Always check whether your preferred broker is regulated by the appropriate body for your country – in the UK, this is the Financial Conduct Authority .

Demo Accounts

Read its reviews and you will see that its customer support is exceptional and available around the clock – something often overlooked when choosing a broker. This regulated broker offers ideal trading conditions no matter what your style of trading. XTB supports the full MT4 suite, and its proprietary platform, xStation 5, offers a user-friendly, intuitive solution scammed by limefx that works well on desktop, web and mobile. You’ll need to deposit a minimum of $200 for Copy Trading, LimeFX’s standout feature which allows you to follow other traders and copy their trades. The broker is primarily responsible for ensuring that the client’s capital and funds are well-protected. Firewalls and SSL software protect the trader’s data and transactions.

• I was astonished when I saw the trading conditions which IronFX offers to the traders and the fact that it works in my country.
• IronFX is now offering traders a 60% bonus on all deposits over $500.
• Some speculators may place large bets and treat trading forex like a gamble, believing they can get rich by taking concentrated positions in the forex market.
• IronFX provides traders in over 180 countries with some of the market’s lowest spreads and sophisticated trading technology via 16 trading platforms.
• Business Mole is an independent small business news portal for startups, SME’s and growing organisations.
• Eventually, the issues were sorted out, when IronFX reached a settlement with CySEC, its regulator and licensing authority.

Traders can deposit funds into their accounts via a wide range of payment methods, including traditional options such as bank wire and credit/debit cards. While credit card deposits are usually instant, transfers via bank wire may take up to 3 working days to appear in the trading account of the client. The other alternative is to use the Personal Multi Account Manager but it is available only to professional traders and money managers. The platform allows clients to manage unlimited accounts but as we have said, it is designed for professional traders only. IronFX EA Builder offers a range of products to enhance the capabilities of the MT4 and MT5 trading platforms.

What Trading Services are offered with IronFX?

When choosing a broker, consider whether it is regulated, how much it charges in trading fees, which trading platforms it is compatible with and the level of customer support available. 78% of retail investor accounts lose money when trading CFDs with this provider. Its advanced services with the best features make it good to invest with. Traders can have trading platforms, tools, various assets, CFDs, and many facilities to make a successful trading.

The Absolute Zero Account is an STP account and has no commissions on trades. The minimum deposit required for this account is $500 and once again, clients can register SD, EUR or JPY as their base currency. 77% of retail investor accounts lose money when trading CFDs with this provider. The broker has come under fire from clients and reviews alike for its high inactivity fees. The broker enforces a $50 charge for one year without login and trading and a 3% admin fee on account balances when regular deposits and withdrawals are made without trades.

Gas is one of the most important and traded commodities in the world! Follow our instructions to buy and trade cryptocurrency profitably and safely. If you want to compare IronFX with other brokers, use the detailed comparisons below.

Spreads & Commissions

IronFX is a good Forex trading broker that takes care of its client’s funds and personal information. This CFD trading broker provides a transparent process of what happens to your funds and how it is protected. Regarding security measures, unfortunately, the MT4 desktop trading platform does not offer a secondary login process, which means that your only form of authentication is through the initial login process. If you are thinking about whether your information is safe with IronFX, it is. However, the MT4 web trading platform does not offer a two-step login process, which means that you have to rely on the initial login process.

74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. IronFX offers tailored trading products and services to retail and institutional clients, including a wealth of trading tools, the latest trading platforms and 24/5 multilingual support. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. IronFX provides traders with the option of trading with more than 200 financial instruments, including currency pairs, Forex trading, and CFD trading.

Instantly activated. No setup required.

Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your LimeFX objectives, level of experience and risk appetite. MetaTrader 4 or MT4 can be downloaded directly from the IronFX website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities. The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news. With CFD on shares, traders can invest in some of the largest and most successful companies in the world without actually owning any company stock.