| Forex broker | |
|---|---|
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| Head Office | Iapetou 2 Ag. Athanasios, Cyprus |
| Company owner | Notesco Limited |
| Types of support | |
| Phone Support | |
| Languages | Russian, English, German, Spanish, Italian, Portuguese, et al. |
| Terminals | Personal Multi-Account Manager (PMAM), VPS Hosting, MetaTrader 4 (PC, Web, Mobile) |
| Min. first deposit | From 100 USD |
| Brokerage commission | No |
| Lot size | From 0.01 |
| Bonuses | |
| Leverage | Until 1:1000 |
| Spreads | From 0 points |
| Free demo account | |
| Adjustable | Yes |
| Regulators | CySEC№ 125/10 FCA№ 585561 |
| Types of accounts | Demo, Micro (Standart, Premium, VIP, Zero Fixed), STP/ECN (No Commission, Zero Spread, Absolute Zero) |
| Peculiarities of trade | Forex trading in cooperation with a reliable broker, who has extensive experience in the market |
| Order execution | Market Execution (at market price) |
| Methods of replenishment | Neteller, FasaPay, Skrill, Cryptocurrencies, Wire transfer, Bank card (Visa/MC) |
| Withdrawal methods | Neteller, FasaPay, Skrill, Cryptocurrencies, Wire transfer, Bank card (Visa/MC) |
| Number of assets | 200+ |
| Types of assets | Currency pairs Products Indexes Stocks Cryptocurrency Futures |
| Account Currencies | USD |
| Mobile apps | |
| Weekend trading | No |
| Tournaments/competitions | Iron Trader with a prize fund of $10,000 |
| Trader training | Blog with Forex strategies, financial news and daily analytics for professionals and beginners |
| Contract Difference Commission | No |
| Swaps | No |
| PAMM trading | No |
| Analytics | Professional analytics and news on the site, economic calendar, technical analysis platform Trading Central |
| Margin trading | Opportunity to increase profitability during forex trading |
| Affiliate Program | RegistrationAdditional profit from attracting traders to the broker platform |
| Advantages | Free access to Trading Central's technical analysis platform Maximum leverage up to 1: 1000 on certain accounts 200+ markets to trade, including Forex, metals, indices, futures, commodities and stocks Minimum deposit - $100 Narrow spreads from 0 pips and no commissions Autotrade - a system of copying strategies of the most effective traders Bonuses, promotions, prizes and contests, including online trading competitions Affiliate program, exclusive packages for IB and White Label solution |
| Disadvantages | No MetaTrader 5 |
| Company requisites | Legal name: Notesco Limited Legal address: Iapetou 2 Ag. Athanasios, Cyprus |
| Automated Trading | Autotrade, copying strategies of the most effective traders |
| VPS services | Providing free VPS-hosting |
| Date of update | February 21, 2023 |
| Overall assessment | 8.4/10 |
IronFX is this a scam? Review and Customers Reviews
Contents
IronFX – it’s not just an international Forex brokerbut a leading and globally recognized online investment platform. The company has been operating in the financial market for 10 years and offers customized trading products and services for retail and institutional clients. This includes a wide range of trading instruments, the latest trading platforms, and 24/7 multilingual support.
With Iron FX, you can trade more than 200 assets, including Forex, metals, indices, commodities, futures and stocks. The broker opens client accounts in Bermuda, UK, Cyprus, South Africa and Australia. It all depends on the location of the private trader. In this review, we will consider what the ironfx.com platform is and whether this project is a scam.
Terms of trading with IronFX
Iron FH offers its customers the following terms forex trading:
- A huge range of trading assets (+200) – currency pairs, commodities, precious metals, indices, stocks, cryptocurrency, futures;
- flexible leverage, the maximum – 1:1000;
- The minimum deposit is $100;
- tight spreads from 0 pips and no commissions;
- trade size – 0.01 lot;
- free access to Trading Central’s technical analysis platform;
- Autotrade is a system for copying strategies of the most effective traders;
- bonuses, promotions, prizes and contests, including online trading competitions;
- affiliate program, exclusive IB packages and White Label solution;
- account types to choose from, including Live Floating/Live Fixed and STP/ECN.
In addition, on the website ironfx.com there is a blog with an economic calendar, Forex strategiesThe company’s financial news and daily analytics for professionals and beginners alike.
Iron FH platform
IronFX broker offers private traders one of the most reliable and popular platforms – MetaTrader 4. It is a universal trading software, which perfectly suits both experienced exchange players and beginners in the world of trading. The MT4 terminal provides all the tools and resources necessary for successful online trading.
With MT4 you can trade with spreads from 0 pips and use advanced trading signals and features. Traders can trade more than 200 currency pairs, metals, futures, stocks, indices and commodities with fast execution. There is also an online platform available for IronFX clients that does not require installation. With the MT4 WebTrader you can trade directly through your browser. The broker also offers PMAM – Personal Multi-Account Management (PMAM), where you can easily manage multiple MT4 accounts and trade on them simultaneously.
Broker quotes
The brokerage company IronFX does not disclose its liquidity providers. At least on the ironfx.com website and in the legal documentation it is not specified where exactly the quotes come from. However, the broker guarantees their accuracy and relevance. Well, we are left to take their word for it!
Demo account
IronFX has a demo account where you can trade over 200 financial assets with zero risk and no commitment. Beginner traders can use the advanced and easy-to-use trading platform with customizable accounts and learn how to trade a variety of instruments without any investment. A demo account allows you to test trading strategies and build confidence before trading in real time (Forex Trading Training).
IronFX mobile app
Iron FX clients can trade different instruments on one platform from several devices. The MT4 terminal is available not only from a PC (Mac/Windows), but also from a mobile device (iOS/Android) or via Webtrader directly from any Internet browser. The applications can be downloaded from the forex broker’s website ironfx.com.
Bonuses at Iron FH
IronFX offers customers exclusive bonuses, promotions, prizes and contests, including online trading competitions. On the platform ironfx.com Every trader can show their unprecedented trading talent. Contests are held even on a demo account. The winner is awarded with a tourist trip or $5000. The money does not need to be worked out, the amount is available for withdrawal without any additional conditions. Exclusive Iron FH trading bonuses:
- 100% Unlimited Sharing Bonus. Every trader can double his first deposit and confidently enter the world of financial asset trading.
- 40% Power Bonus up to $4000. IronFX client can get an exclusive deposit booster and reach the maximum when trading on the forex broker’s site.
- 20% Iron Bonus up to $2000. This bonus will provide direct access to the Forex market. However, it cannot be withdrawn and can only be used for trading.
In addition, every Iron FH customer can join the Iron Trader contest and win a cash prize from the $10,000 prize pool. The contest runs until October 31, 2020.
Partner program ironfx.com
IronFX clients can refer other traders to ironfx.com and receive a $1000 bonus. Commissions are paid weekly! In addition to the Introducing Brokers program, IronFX offers:
- IronFX Affiliates. The broker gives you advertising banners and promotional materials, with the help of which you will promote your brand in the market and attract new clients. Special software is available to track referral transactions.
- White Label. You can work on your own brand using the trading and technical capabilities of IronFX.
I would also like to note that members of the affiliate program get access to statistics and reports. But about the methods of charging and the amount of remuneration you need to find out directly from the managers of Iron FH.
Deposit and withdrawal
You can replenish your account and withdraw funds from the deposit in the following ways:
- credit card;
- cryptocurrencies;
- FasaPay;
- Neteller;
- Skrill;
- bank transfer.
The broker does not charge interest for transfers, but also does not pay a commission payment systems. According to the regulations, funds to the accounts of clients are received within 5 days.
Complaints about IronFX
There are both positive and negative reviews about ironfx.com. Some traders like trading with Ironfx, others do not. Those who are satisfied note the reliability of the broker. They write that the trading conditions are adequate, the profit is withdrawn normally.
However, there are also complaints about ironfx.com. Basically, traders complain about problems with the withdrawal of funds. And also note that they do not respond to the support service. Some customers also do not like the fact that the broker does not offer a modern MT5 platform.
If there are any complaints about forex broker IronFX, we will be sure to publish information on social networks. Sign up so you don’t miss anything!
Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!
Broker regulator
IronFX is regulated by ASIC, CySEC, FCA and FSCA. The company’s head office is located at Iapetou 2 Ag. Athanasios, Cyprus. The Iron FX brand belongs to Notesco Limited, a company registered in Bermuda with registration number 51491. The broker is licensed by the Financial Conduct Authority (FCA, license number 585561). IronFX does not offer its services to residents of certain jurisdictions, including the United States, Cuba, Sudan, Syria and North Korea.
Ironfx.com User Agreement
The agreement specifies that the IronFX brand belongs to Notesco Limited and that the official language of interaction between the company and its clients is English. The document spells out the basic concepts, the rights and obligations of the parties, as well as their responsibilities. It specifies which trading instruments are available to traders.
The broker warns customers about the risks: if you do not understand the financial markets, you can lose even all of your money.
If the client has any questions, he can contact the support service. It is important to note that the specialists of the company answer in English.
Is IronFX a Scam?
IronFX – is a regulated forex broker that has been operating on the financial market for 10 years. The ironfx.com platform is recognized as a leading online platform for investments. The broker offers its clients favorable terms of cooperation, bonuses, prizes and much more. Traders have a choice of micro, premium, VIP, STP/ECN accounts. The reviews of IronFX are very different: some traders are quite satisfied with this broker, others are not. Therefore, it is difficult to make any specific conclusions based on the reviews.
Iron FX is regulated by the relevant authorities, the company does not hide its contacts and location. That is, this forex broker in fact can not be a scam and fraud. However, in the Russian Federation, IronFX is not regulated in any way. Apparently, this is why the positive reviews are mostly left by foreign traders, while among Russian exchange players the comments are mostly negative. Although private traders from the Russian Federation also note favorable trading conditions and pleasant bonuses at this broker.
Conclusion
IronFX – is a forex broker that offers traders excellent terms, advanced services and a high level of service. The company is regulated by ASIC, CySEC, FCA and FSCA and is headquartered in Cyprus. Accounts are opened for each client based on their location. There are several account types to choose from: Micro, Premium, VIP, STP/ECN. Leave your feedback on ironfx.com! This will help us to timely update the information in the review and give a correct assessment of the Forex broker’s activity.
Reviews
- In ascending order of rating
- In descending order of rating
- New ones first
- First the old ones
- Popular ones first
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Feedback approved for publication Rate your review 000Advantages and disadvantages of IronFX
I have been trading with IronFX for a few months now. There are a lot of useful services I have used and I was pretty impressed. I think I can share advantages and disadvantages of the company from my view.
Positive- -They often hold a lot of webinars and seminars for traders, therefore they show that the company cares about our development.
- -TradeCopier is a good opportunity for beginners and experienced traders to try out something new and both of them can get a huge benefit from that.
Minuses- -Commissions on low zero fixed spread trading account could lower.
- -I noticed there are competent guys in customer support but it seems they are not in a hurry to answer quickly.
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Feedback approved for publication Rate your review 000Standard account type is doing the job
I was impressed and curious about the zero-spread account types. I give it a chance and indeed they work. However, I made a beginner’s mistake and didn’t do my due diligence about the commission involved. After two weeks of trading, I realised that my trading strategy didn’t need a zero-spread account… Read more
Minuses- The trading fees on certain accounts are pretty high, particularly on the zero-spread account types, so do the maths carefully before making a decision if it aligns with your trading strategy.
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Feedback approved for publication Rate your review 000My feedback
The broker is great and provides many trading opportunities for traders. There are lots of financial assets available for trading. They offer seven trading accounts to choose from. I chose Live Zero Fix Spread cuz I prefer trading in a volatile market and I don’t like that at these conditions spreads… Read more
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Feedback approved for publication Rate your review 000Tons of features
IronFX stands out as a broker that offers many features to clients whether it is related to trading platform , assets to trade or trading conditions. I have been using the broker for quite some time already and can say that I enjoy having diverse markets.This keeps me sharp so that I can monitor and… Read more
Positive- -Multiple account types with each having its own features -Low spreads.
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Feedback approved for publication Rate your review 000I want to highlight certain things
I want to highlight particular things about this brand which seems to be the most important for me as for a positional trader. My choice is Zero spread account with commissions. For me it’s the best option, because according to my calculations I pay less money if I’d go for spread-based acc.
In general… Read morePositive- The biggest advantage of the ironfx broker - versatility. It caters to the needs of different traders.
Minuses- I would say I had some difficulties with understanding which payment methods I could utilize.
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Feedback approved for publication Rate your review 1+10Broker that will suit many people
Despite that in separate field with disadvantages I wrote a few, I am satisfied with this broker. You see, there is always something that can be improved and there is no problem with that.
The most important thing for me is that this broker operates honestly and this company is considered to be one… Read moreMinuses- I can't say I'm completely satisfied with customer service. Although in general my problem was solved.
- And also I, of course, like any other trader would like to have 0 spreads and 0 commissions at the same time.
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Rate your review 00Most modern platforms provide traders with a...
Most modern platforms provide traders with a personal manager who will accompany the client at all stages of trading. Some of them do provide active assistance through recommendations and quality forecasts. But it often happens that in the process of working on the stock exchange there are certain problems… Read more
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