IronFX: Reputation and reviews

IronFX

IronFX is an FX broker that has been operating since 2010. We have been operating for over 10 years, so there is no need to worry about fraud. IronFX is a broker that not only deals with foreign exchange, but also deals with commodities, spot metals, and binary options, so there are a lot of users using it.

What is IronFX?

IronFX is a global FX broker established in 2010. Since the service is provided all over the world, there are registered users in Europe, Asia, the Middle East, Africa, and Latin America, and recognition has increased considerably. IronFX is recognized as the fastest growing FX broker and won the Best Trading Platform 2012 award in 2012.

BrokerIronFX
Established2010
HeadquarterCypros
Service AreaEurope
Asia
Africa
Oceania
North America
South America
LicenseCySEC
FCA
ASIC
Address2, Iapetou Str., Agios Athanasios, 4101 Limassol, Cyprus
Tel+44(0) 203 282 7777
OwnerMarkos A. Kashiouris
Peter G. Economides
Company NameNotesco Limited
URLHome

have a license

IronFX is operated by four companies, and the operating companies differ depending on the region. However, you can rest assured that we are licensed and regulated by the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, and the South African Financial Sector Conduct Authority. Asset management is segregated, so there is no need to worry about customer funds being used for operating funds.

CompanyLicenseCountry
Notesco Financial
Services Limited
CySECCypros
Notesco
UK Limited.
FCAUnited Kingdom
Notesco
Limited
Bermuda
Notesco
Pty Limited.
Australia

Features of IronFX

IronFX has the following features:

6 account types

IronFX has 6 account types. There are three types each for Live account and STP/ECN. A live account is equivalent to a standard account, so it is recommended if you are unsure which account to choose. The STP/ECN account is an account type for professionals, and is characterized by very narrow spreads and very high execution power.

Live
Fluctuation
Live
Fixed
Live
Zero
STP/ECN
no comission
STP/ECN
Zero
STP/ECN
Absolute Zero
Trade StyleDDDDDDSTP/ECNSTP/ECNSTP/ECN
Max Leverage1,0001,000500500500500
Trade InstrumentForex
Metal
Energy
Commodity
Indice
Forex
Metal
Energy
Commodity
Indice
Crypto
Forex
Metal
Energy
Indice
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Indice
Crypto
CommissionFreeFree6.75$Free6.75$Free
Spread0.8pips~2.2pips~0.0pips~1.7pips~0.0pips~0.3pips~
Lots100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency
Minimum trading quantity0.010.010.010.010.010.01
Maximum trading quantityNo limitsNo limitsNo limits606060
Max PositionNo limitsNo limitsNo limitsNo limitsNo limitsNo limits
Stop Level3.5pips3.5pips5.0pips2.5pips2.5pips2.5pips
Scalping
Auto Trade
Hedge
Margin Call40%40%40%100%100%100%
Loss Cut20%20%20%50%50%50%
Zero Cut
Trade ToolMT4MT4MT4MT4MT4MT4
Base CurrencyJPY
USD
EUR
GBP
AUD
CHF
CZK
PLN
IRONX
BTC
ETH
ADA
PMA
JPY
USD
EUR
GBP
IRONX
BTC
ADA
USD
EUR
JPY
USD
EUR
BTC
JPY
USD
EUR
IRONX
JPY
USD
EUR
Min Deposit100$100$500$500$500$500$
Campaign××××

Full of campaigns

IronFX has a lot of campaigns. The following bonuses are basically held all the time. The sharing bonus is a 100% deposit bonus and has no upper limit, while the power bonus and iron bonus each have an upper limit.

Bonus NameDetailsLimits
Shareing Bonus100% Deposit BonusNo limits
Power Bonus40% Deposit Bonus4,000$
Iron Bonus20% Deposit Bonus2,000$

Up to 1,000x leverage

IronFX’s maximum leverage is 1000x, so you can trade with small amounts. With high leverage, you can make big profits even with a small amount of money, so this broker is highly recommended for people who don’t have much money to spend.

support service

IronFX also has a support center. The support center is primarily available via email or chat. It is available online and is available in various languages, so it can be used by people from most countries.

Not compatible with MT5

IronFX does not support MT5, so you need to trade with MT4. However, there is not that much of a difference in performance between MT4 and MT5, so it can be said that there is not much of an advantage.

zero cut

IronFX uses a zero cut system. Zero cut is a system in which, in the unlikely event that the trading account balance becomes negative, the burden will not be on the trader, but the FX broker will take over the burden.

Unpaid customer funds case

There is a reason why IronFX has “high credit risk”. This is because in 2014, Global Investment, a Chinese IronFX group company, caused a major incident in which its office was attacked by Chinese traders after unpaid customer funds of about 3 billion yen. That has caused problems in the past.

Withdrawal refused

IronFX has had withdrawal problems in the past. However, it is not certain whether this is true or not, and most of it is based on word of mouth. Most of the reports of withdrawal refusals on IronFX are from review sites, but I also use it, and so far I have never had a withdrawal refusal.

Reputation and reviews

We are collecting the reputation and reviews of IronFX. This is a quote from Tradersunion. Tradersunion is a review site for FX brokers around the world. The main users of IronFX will be French. Other countries include Italy, India, Iran, and Japan, and you can see that there are many users mainly in Western Europe but also in Asia.

Source : Tradersunion

So far, there are no negative points with IronFX. I have been trading here for only four months. It seems that there are no problems with trading yet. We’ll see in the future, so far I rate IronFX four stars. Note that I have not withdrawn the profit yet.

Source : Tradersunion

I have been trading with IronFX for three years now. What I like here is optimal spreads and small swaps. Moreover, swaps are often positive, especially for major currency pairs. Therefore, it becomes profitable to trade by keeping the order open for several days. I give IronFX five stars in my rating.

Source : Tradersunion

IronFX is a great platform for all traders. There are a lot of different instruments, such as currencies, futures, stocks, and cryptocurrencies. And trading conditions are very loyal. I like that the risks when working with tick trades are as limited as possible. Moreover, they make withdrawals automatically. IronFX will not let you down.

Source : Tradersunion

IronFX is a reliable and trusted Forex broker offering a wide range of benefits to its clients. IronFX provides users with all the tools they need for successful trades, ranging from competitive spreads and leverage to technical support. I recommend IronFX.

Source : Tradersunion

IronFX provides for making income for any trader. The trading conditions are not very strict, the minimum deposit is small, and there are micro-trades. For more experienced traders, there are accounts with a fee, but spreads there are minimal. IronFX offers a very fast platform. I think that the broker can be recommended for opening an account.

Source : Tradersunion

With IronFX, you can build your own investment strategy. They offer ready-made strategies, both paid and free. However, it is better to try to build a strategy yourself, and IronFX managers will help you with this. I can positively say that IronFX is a worthy broker.

Source : Tradersunion

The IronFX service is very convenient and easy to use. It has all the necessary licenses and requires verification. There are many different strategies and the possibility of learning on a demo account. In addition, there is an application, so it is not necessary to sit at the computer. The withdrawal and withdrawal system of IronFX is also very convenient, with fast crediting to the account. All this makes it possible to successfully enter the Forex market without problems.

Source : Tradersunion

Opening an account is free

Opening an IronFX account is free of charge. Click the link below to open an account and start trading.

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