IronFX

About IronFX
IronFX is a award-winning Global Leader in Online Trading, with 10 trading platforms and over 200 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities. IronFX serves retail and institutional customers from over 180 countries while providing support in over 30 different languages. IronFX is regulated under the Cysec, FCA, AISC, FSB + BM
3.8/512 ratings

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BrokerCheck IronFX Review

Successful Traders 24.7%

Trading Cost

3.8/5

Order & Support Speed

4.0/5

Available Products

3.7/5

Usability

3.9/5

What we liked about IronFX

What we liked most about IronFX is the possibility to trade under different regulations. Traders can choose if they want the safer EU regulations with the max. leverage of 30 – or choose a different regulation like the BM and get up to 1:1000 leverage. Promotions are also available for regulations outside of the EU. ECN/STP accounts are also available.

Pros

STP/ECN Account available

FSCS Insurance up to 1 Mio GBP

CySEC, FCA, AISC, FSB & BM regulations

Free Demo Account

What we disliked about IronFX

For new traders the different account types, is more an disadvantage. Newcomers get confused and can’t really decide on which account type they should focus on. IronFX currently only offers around 200 trading instruments, which is mainly the lack of many CFD stocks.

CONS

Confusing account structure

“Only” 200 tradable instruments

No Futures available

No US Traders allowed

BrokerCheck Review of IronFX

IronFX currently offers around 200 tradable assets. These currently include 4 crypto currency pairs. IronFX’s biggest plus point is their Absolute Zero STP/ECN Account starting with 500$ minimum deposit, standard accounts have a 100$ minimum deposit. A little bit confusing is, that IronFX offers different account options while signing up – you can even choose up to 4 different demo account models. IronFX is regulated under CySEC, FCA, AISC, FSB + BM and has an extra FSCS Client Insurance for up to 1 Mio GBP. You can either choose to trade under the CySEC or BM (Bermuda) regulation – Both have different trading conditions. The max. Leverage is up to 1000 (BM regulation). The account structure usually decides between market maker model and ECN/STP agency model.  IronFX offers different kind of promotions, they sometimes even offer contests for demo accounts. As for most ECN Brokers the available trading products are very limited. IronFX offers for their ECN account mostly only Forex and Gold/Silver. Standard Accounts offer Cryptocurrencies, CFD-Shares, Spot Metals, Spot Indices, Spot Commodities and Futures. IronFX offers Metatrader 4 and a Webtrader as main trading platforms. IronFX offers a rich portfolio of learning materials.

Highlight's

Trading Leverage up to 1:1000

Free Demo Account for Trading Beginners

500€ min. deposit for STP/ECN accounts

100€ min. deposit for standard accounts

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3% of retail investor accounts lose money when trading CFDs with this Broker.

Top 5 Broker

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