IronFX

Operational Since:

2010

Country where domiciled:

Cyprus

International offices:

New York, London, Hong Kong, Sydney, Shanghai, Shenzhen, Shenyang, Frankfurt, Madrid, Warsaw, Lisbon, Prague, Budapest, Athens, Kiev, Moscow, St. Petersburg, Mumbai, Jakarta, Manila, Ho Chi Minh City, Kuala Lumpur, Baku, Lagos, Johannesburg, Auckland, Sao Paulo, Buenos Aires, Lima, Santiago, Montevideo, Athens, Limassol, Bucharest and Minsk

Regulation:

YES - FCA (licence no. 585561), ASIC (AFSL no. 417482), CRFIN (Membership no. A-8), UCRFIN (Membership no. 5), CySEC (License no. 125/10), CONSOB (Italy), DFSA

Broker Status:

Independent broker -

Broker Type:

Market Maker+ECN/STP

US Clients Accepted:

Average Monthly Volume In USD:

Source To Prove Volume:

BROKER WEBSITE

Accounts

Mini Account:	NO	Minimum Deposit ($US):	N/A
Standard Account:	YES	Minimum Deposit ($US):	$100
ECN Account:	YES	Minimum Deposit ($US):	$100
VIP Account:	YES	Minimum Deposit ($US):	$10000
Zero Fixed Spread:	YES	Minimum Deposit ($US):	$500
Premium:	YES	Minimum Deposit ($US):	$10000
No Commission:	YES	Minimum Deposit ($US):	100
Base account Currencies offered:	USD, EUR, GBP, JPY, CHF, AUD, NZD, ZAR

Leverage

Maximum Leverage for Mini Account:	500/1
Maximum Leverage for a Standard account:	1000/1
Maximum Leverage for an ECN account:	500/1
Maximum Leverage for a VIP account:	1000/1
Maximum Leverage for Zero Fixed Spread:	500/1
Maximum Leverage for Premium:	1000/1
Maximum Leverage for No Commission:	500/1

Lot Size

Minimal lot size for a Mini account:	0.01	Increments:	0.01
Minimal lot size for a Standard account:	0.1	Increments:	0.01
Minimal lot size for an ECN account:	0.01	Increments:	0.01
Minimal lot size for a VIP account:	0.1	Increments:	0.01
Minimal lot size for Zero Fixed Spread:	0.01	Increments:	0.01
Minimal lot size for Premium:	0.01	Increments:	0.01
Minimal lot size for No Commission:	0.01	Increments:	0.01

Payment Options

Deposit Options:	Credit Card, Bank Transfer, Skrill, Neteller, Webmoney, Qiwi, M.O.T.O., Fasapay
Withdrawal Options:	Credit Card, Bank Transfer, Skrill, Neteller, Webmoney, Qiwi, M.O.T.O., Fasapay

Products

Products for Mini Account:	---
Products for Standard Account:	FX, Metals, Crypto, CFDs, Indices and Stocks
Products For ECN Account:	FX, Metals, Crypto, CFDs, Indices and Stocks
Products For VIP Account:	FX, Metals, Crypto, CFDs, Indices and Stocks
Products for Zero Fixed Spread:	FX, Metals, Crypto, CFDs, Indices and Stocks
Products for Premium:	FX, Metals, Crypto, CFDs, Indices and Stocks
Products for No Commission:	FX, Metals, Crypto, CFDs, Indices and Stocks

Spread & Commission

Commission:	YES	Account:	ECN,Zero Fixed Spread
Commission Fees:	Professional - $7.5/Lot on FX; Gold $10/Lot ECN, $18/Lot on EUR/USD Zero Fixed Spread
Spread type (Fixed,Variable):	Both	Accounts:	-
Spread on EURUSD on a Mini account:	1.1
Spread on EURUSD on Standard account:	0.7
Spread on EURUSD on ECN account:	0
Spread on EURUSD on VIP account:	0.5
Spread on EURUSD on Zero Fixed Spread:	0
Spread on EURUSD on Mirror:	-
Spread on EURUSD on N/A:	N/A

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional:	YES
Premium Trading Conditions Offered:	Ability to trade mini lots
Briefly describe main Advantages:	Same as above

Trading Terms

News Trading:	YES
Mirror/Social Trading:	YES	Mirror Trading Providers:	Sirix
Scalping:	YES
Hedging:	YES
Expert Advisors:	YES
Trading platforms available:	MT4, Webtrader, Sirix, MT5
Trading platform's Time zone:	GMT+2
Decimal Pricing:	5 Digits
Execution:	Market execution	Accounts:	-
Total Number Of Liquidity Providers:	-
ECN/STP Liquidity Provider:	-
ECN/STP Working With:	-
Trailing Stops:	YES
OCO Orders:	YES
One-Click Execution:	YES
Mobile Trading:	YES
Web-Based Trading:	YES
API Solutions:	NO
Currency Pairs Total:	90	Exotic Pairs Included:	10
Gold, Silver:	Both
Oil:	YES
CFD’s:	YES
MAM/ PAMM solutions For Fund Managers:	YES
Managed Account Services For Investors:	NO
Swap-Free Accounts:	NO
- Available To Anyone:	NO
- Islamic Clients:	NO
- Restrictions Applied:	NO
Segregated Accounts:	YES
Interest On Unused Margin:	NO
Bonuses Or Rewards:	NO
Trading Contests:	YES
Binary Options:	NO
Spread Betting:	NO
Trading On Bitcoin:	NO
Affiliate Program:	YES
Affiliate Programs Offered:	CPA and Revenue Share
Conditions For Affiliates:	https://www.ironfx.com/en/ib-register?accountType=IB&utm_source=19263940&utm_medium=ib_link&utm_campaign=IB
Awards won:	http://www.ironfx.co.uk/en/about/awards

43 customer reviews

4.4 out of 5 stars

From 4 to 5

34
From 3 to 4

7
From 2 to 3

0
From 1 to 2

1
From 0 to 1

1

Platform - Performance, Usability

88%
Pricing - Spreads, Fees

86%
Features - API, News Service

90%
Support - Fund Options, Integrity

90%

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Luis Mendoza

Public Review

1 rating

Reliable broker with strong educational content

23 days ago.

Broker Review - Overall

IronFX is my broker for 11 months. Account types are a lot to choose from. I chose fixed spreads just for more security

Broker Advantages

Dedicated account manager, educational webinars with practical content, MTs, multiple account types.

Broker Disadvantages

Swap rates on overnight positions higher on some assets
Live chat response varies

Overall Trading Experience

11 months

Trading Experience with this Broker

11 months

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
80%
Features - API, News Service
100%
Support - Fund Options, Integrity
80%

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Gustave Bassot

Public Review

1 rating

Would recommended it for algo trading

1 month ago

Broker Review - Overall

It’s a good choice if you trade with EAs. and there are many accounts that suit various trading style

Broker Advantages

Free vps for those who use trading bots

Broker Disadvantages

MT5 is not included and it’s abit limiting if you use MQL5 bots

Overall Trading Experience

Around 3 years

Trading Experience with this Broker

Around three months

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
80%

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Adam Fichtner

Public Review

1 rating

Account manager made the difference

1 month ago

Broker Review - Overall

In my third month with IronFX I almost overleveraged a gold position. My account manager flagged the risk before I confirmed the trade and walked me through proper sizing. That interaction was worth more than any marketing claim

Broker Advantages

Dedicated account manager who proactively identifies risks, educational webinars with practical content, stable MT4 execution

Broker Disadvantages

Live chat support response varies between 1-5 hours outside of the account manager

Overall Trading Experience

I've been trading forex for more than 2 years

Trading Experience with this Broker

3 months+

Platform - Performance, Usability
90%
Pricing - Spreads, Fees
80%
Features - API, News Service
80%
Support - Fund Options, Integrity
90%

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Bushr Kilito

Public Review

1 rating

Being objective here

1 month ago

Broker Review - Overall

In some aspects they are excellent, in other supriasingly short. I love the offer for account types, and the perks for algo trading they offer like the free VPS. but sticking only to MT4 is limiting, let’s be objective here.

Broker Advantages

Account types and trading terms

Broker Disadvantages

Trading is limited only to MT4

Overall Trading Experience

More than 3 years

Trading Experience with this Broker

About a year

Platform - Performance, Usability
70%
Pricing - Spreads, Fees
100%
Features - API, News Service
70%
Support - Fund Options, Integrity
100%

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D. Hernandez

Public Review

1 rating

All my orders got executed

1 month ago

Broker Review - Overall

I think what the broker was supposed to do, ironfx did quite well. I’ve never had any second thoughts about their execution process. The whole trading from A to Z was performed like it should. I didn’t need more than the place where my orders were sent at the prices I wanted.

Broker Advantages

MT4 never lags and this is what makes it better than modern and flashy platforms.
Their support agents know much about trading. Commendable.

Broker Disadvantages

Spreads and commission could be lower. Applies to all account types they have.

Overall Trading Experience

2.5 years.

Trading Experience with this Broker

1 year.

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
80%
Features - API, News Service
90%
Support - Fund Options, Integrity
100%

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