IronFX: Leverage limit, loss cut and maximum lot

IronFX allows you to trade with up to 1000x leverage, so it can be said to be a fairly high leverage broker. Therefore, you can trade even with a small amount, so you can feel safe, but be careful as leverage varies depending on the trading stock and account type.

IronFX: Prohibited activities and account freeze Is double trading, arbitrage, and automatic trading prohibited?

IronFX is a very famous FX broker in the world and has a large number of registered users. However, some users may violate the terms of service and commit illegal acts. In that case, in the worst case scenario, your account may be frozen and you may not be able to trade again, so be careful.

italiapuntonet.net

2023.09.17

Leverage by account type

There are 8 account types at IronFX. Please note that the leverage is actually different for each. Live accounts are 1000x, but STP/ECN accounts, live zero spread, and copy trading accounts can reduce the amount to 500x. There is also a professional copy trading account, which has a 250x payout.

Leverage by trading product

Traders should also look at leverage by stock from here. In fact, there are maximum leverage limits depending on the trading product. Foreign exchange is 1000 times higher, but other stocks are basically kept low, so be careful.

Margin call and stop-loss levels by account type

Along with leverage, you should also remember the stop-loss level. Loss cut is a rule that will force a loss cut settlement when unrealized losses accumulate to a specified level. IronFX is determined by a percentage, and when the following percentage of the margin is reached, the loss cut trigger will be activated.

A warning will also be issued when a margin call reaches a specified percentage of the margin. Receiving a warning does not mean forced liquidation, but it is a sign that a stop-loss cut is approaching, so traders should be aware of this. This is evidence that you are carrying too much unrealized loss.

Please note that the loss cut level for each account type is 20% for live accounts and copy trading accounts, but the loss cut level for STP/ECN accounts is 50%.

Maximum lot by trading product

In IronFX, the maximum lot is determined depending on the trading product. If you are a large trader, you need to be especially conscious.

Leverage limit rules

IronFX has a rule called leverage limit. Leverage limits are automatically set based on your account balance. The less funds an account has, the higher the leverage. As your account balance increases, leverage will be gradually regulated.

specific time period

IronFX limits the maximum leverage to 100x every Friday (Japan time) from 21:00 to 24:00.

Economic indicators announcement

In IronFX, leverage regulations always occur when the US unemployment rate, CPI, and even each country’s policy interest rate are announced. Key economic indicators and important events have a high profile and cause greater price fluctuations than usual, forcing leverage to be kept low.

Zero cut compatible

IronFX supports the zero cut system. With the zero cut system, your account balance may become negative due to some kind of mistake. If it becomes negative, the trader will have to bear the burden, but IronFX will change and bear the burden. In other words, traders have no risk of incurring debt, and there is no margin call, so it is very safe.

Open an account for free

IronFX allows you to open an account for free. We will introduce it in the article below, so if you are interested, please open one.

IronFX: How to open a free account and verify your identity

You can open an account with IronFX for free. It only takes a few minutes to open an account, so if you are interested, please give it a try. This article summarizes how to open an account and answers frequently asked questions, so please refer to it.

italiapuntonet.net

2023.09.17