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IronFX group includes 4 related companies.
IronFX AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
IronFX UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
IronFX SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
IronFX BM - legally registered entity located in Bermuda, but not regulated by any government agency.
Be aware, UK company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Unfortunately, AU company also has been imposed with trading leverage limitations by ASIC since the end of March 2021.
At the same time, BM company accepts European and Australian traders, so one can open a trading account there.
IronFX accepts clients from all over the world, excluding USA, Cuba, Sudan, Syria, North Korea and some other OFAC sanctioned countries.
Forex broker offers the following underlying assets for trading.
| 80+ Currency Pairs | Based on major and minor world currencies. |
| 5 Currency Futures | Based on Euro, Japanese Yen, Australian Dollar, British Pound, Swiss Frank. |
| 16 Indice Cash CFDs | Based on baskets of different blue-chip stocks. |
| 9 Indice Futures | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 6 Metal CFDs | Based on Gold, Silver, Platinum and Palladium. |
| 1 Metal Future | Based on Copper. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 3 Energy Futures | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 8 Soft Futures | Based on Corn, Soybeans, Wheat, Coffee, Cocoa, Rice, Sugar, Cotton. |
| 100+ Stock CFDs | Based on shares of US, UK and EU companies. |
IronFX is a forex & CFD broker with branches based in Australia, the UK, Cyprus and South Africa, as well as an offshore entity registered in Bermuda. With the exception of the offshore entity, all the local branches of IronFX are regulated by the respective financial regulators in the countries they are based in.
As usual with forex brokers, new clients will generally be signed up with the entity of the broker that is based in the trader’s own jurisdiction. For example, traders based in an EU/EEA country will be assigned to IronFX’s branch in Cyprus, and Australian traders will be assigned to the ASIC-regulated branch. As a consequence of this, leverage for these traders will be limited to maximum of 1:30 for even the most liquid currency pairs, in accordance with regulations in the EU and Australia.
With IronFX, however, a way to get around these regulations is to instead try to sign up with the unregulated entity of the broker based in Bermuda. This can be done either by accessing IronFX.com directly, while verifying that this indeed is the site of the Bermuda-registered branch, or by requesting customer support to make the change.
Under the Bermuda-based branch, traders with IronFX can enjoy leverage all the way up to 1:1,000 on their trades. Meanwhile, the branch based in South Africa (ironfx.com/za) allows for up to 1:500 in leverage.
The instruments that can be traded on IronFX includes a wide selection of everything from stocks of US and European companies, to more than 80 foreign currency pairs, and CFDs on index futures, spot indices, and a range of commodities. Among the assets we are missing, however, are cryptocurrencies, which for some reason are not offered by IronFX.
All of the instruments offered by IronFX can be traded on the classic MetaTrader 4 (MT4) platform, which the broker offers both in the standard downloadable version for Windows computers, as well as in a web-based version, and as apps for Apple and Android mobile devices.
In terms of the account types traders can choose from, IronFX has a pretty standard line-up consisting of one ECN-type account (Zero Fixed) with commissions but tight spreads, and three different STP-style accounts (Standard, Premium, and VIP) with no commission but with wider spreads.
For traders who choose the Zero Fixed ECN account, spreads can go as low as 0.0 pips on the popular EUR/USD forex pair. Meanwhile, floating spreads on the VIP STP account starts from 0.5 pips for the same pair, which is also a pretty good offering in our view.
All trading accounts can be funded through all the usual payment methods, including e-wallets like Skrill, Neteller, FasaPay, and DotPay. In addition, bank transfers and card deposits (Visa, MasterCard, UnionPay) are of course also available as usual. At the time of this writing, however, cryptocurrency deposits are unfortunately not accepted by IronFX.
Fortunately for clients, IronFX’s customer service is easily accessible via the live chat function on the broker’s website. In addition, the broker also offers support via phone, open 24 hours a day on all trading days, which is something we believe is always a good thing.
Finally, we believe it’s clear that IronFX is a player that knows the forex brokerage industry well, having been around since all the way back in 2010. Further, we are also fairly satisfied with this broker’s wide selection of trading instruments, although some traders may miss the chance to trade crypto CFDs. Lastly, the broker is also fully regulated in several reliable jurisdictions, which is always a good sign.
I'm trading variety of markets with this broker and highly appreciate the fact it gives the access to so many assets. Sometimes brokerage companies limit the number of markets to 3-4, like fx, shares, energies and indices, but here you can also trade metals, futures and other stuff.
I prefer trading with EUR/USD on STP accounts. So, first of all I am finding out if the broker offers this type of account. To me, it's an important indicator of having a direct market access. Such are the terms of Ironfx and their STP account. Overall, trading this pair on the mentioned type of account with Ironfx is worthwhile!
Watching online webinars are always interesting. Sometimes it can be hard to understand what they are talking about, but it is a good opportunity to gain more knowledge about trading and markets.
I trade with an IronFX VIP account and the spreads are from 1.2 pips which is good. With this account I can trade as many instruments as I want and they have nice trading conditions, but sometimes the spreads are wider in the midnight.
I noticed that I can trade Coffee and Cocoa here in addition to currency pairs. That impressed me :)
Ironfx support team has helped me to understand main difference among all those trading accounts and I'm extremely grateful to them for that!
I was full of doubts to start trading on the forex market because I can't say that I'm good at trading and to be honest I came into this complicated sphere a few months ago and I wanted to overcome my fear of real trading with real money. However, I was able to find a suitable approach, so I'd like to highlight their VIP room and I do not understand why there are so few people talking about it. I was getting exclusive market forecasts and I got 1-1 personalized support from their award-winning team of experts. By the way, I made a deposit of 1000$ and got a silver VIP room status.
I have been trading with IronFX for over 3 months and to be honest, I have never worked with any broker before because I started my trading journey a few months ago. As you see, I'm still with this company. I'm impressed with the quality of the services and there are a lot of different things everybody is able to find here. There are also many trading accounts available to choose from. I chose a standard account with base currency of EUR because I get a salary from my job in EUR and it is convenient for me to deposit a small part from my salary in EUR immediately without losing fees on conversion. I like trading conditions, spreads are pretty narrow and no commissions for opening and closing trades positions. It is cool that even newcomers are able to use high leverage up to 1:1000 but of course, I'm not abusing it.
I wanted to find a broker which could offer an account with tight spreads and zero commissions. I have worked with various brokerage firms and after all I was thinking that it is impossible to find such trading conditions in the trading industry. Nevertheless, one of my old friends recommended me to take a look at the IronFX broker and it turned out that they offer a “live zero fixed spread” account with tight spreads and zero commissions. Honestly, I thought it was a joke at first but they literally provide such an account to customers. After trading with them for a while I can say that was the best recommendation I have ever got in my life to join this brokerage firm.
Heard some good and some bad things about them, decided to check for myself.
Have been working with this broker for more than three months, my impressions are mixed too. There are no issues with withdrawing money, everything is within the offer. There are some questions about order execution, however. There is slippage that I feel. Transactions are closed sometimes at different levels than the pending ones! The difference is minimal, 1-3 pips, but it still bothers me a bit. I can stand it for now, because IronFX has great spreads, it's sometimes a full 2-3 pips below others, but damn...
More than 500 trading instruments and different asset classes is very good though. The withdrawals with no issues are a very good thing too.
With them for a couple of years, mainly as a strategy provider. Using own funds to trade is not as beneficial, as you might imagine ;)
The TradeCopier platform from a provider standpoint is good, purely because the profit split is pretty generous from IronFX. But at the same time, the competition is a bit harsh. The amount of providers is probably higher than the amount of copiers, at least it feels like it. I am not really in hard drawdowns, but still, getting more than 5-10k investment is super hard. I guess most people think that providing is very profitable, much better than trading themselves, so they just all provide.
I really hope more investors would start using TradeCopier in the future, because my strategies doesn't work so well with other brokers. IronFX is pretty unique in its TCs.
From numerous Ironfx reviews which I swung through, I found out that the academy of this broker is the broadest. It includes almost all crucial aspects of trading which certainly play into the hands of traders, just because they obtain valuable knowledge and improve their skills. I didn't use courses from this academy or something else, but VIP Room is an interesting feature. There are tailored insights which you can receive to amplify trading results. Podcasts are also fascinating, but I only listened to some of them, while there are many.
IronFX attracted my attention by fact that here I was able to get STP/ECN account with favorable conditions for commissions, spreads and leverage. Here are some details. Due to peculiarities of my trading. I trade large lots and my style can be called positional. Therefore, it's crucial for me to get high-quality performance without slippage. Such order execution ensures STP/ECN execution. For trading to be profitable, it must be commission-free. That's why I chose No Commission account. And of course, moderate amount of leverage is nice addition.
I want to talk about how many trading accounts IronFX offers to customers and I think it is one of the most important things when it comes to trading on financial markets and we need to choose the right one which suits our trading strategies. As a scalping trader I chose a "no commission" trading account because the more trading orders I open the more fees I need to pay and I don't like it. By the way, spreads are pretty narrow and start from 0,9 pips and I think the conditions are beneficial for me. However it is a pity that there is no access to high leverage up to 1:1000 like on other accounts but at least I can open deals with 1:500 leverage.
I would definitely recommend IronFX. Many things are attractive, but the ones that stand out in general, are the following ones:
- IronFx has a great selection of account types. It can be tricky to choose the right one, but if in doubt, you can always go for the Standard account.
- The Trading Academy itself. The good thing is that it is not only useful for beginner or intermediate traders, even experienced traders can find decent resources to sharpen their skills.
- The support. I have experience with a solid number of brokers and IronFx has the best support I have ever seen within brokers. Its Live Chat methods are truly effective and helpful.
Rolling with premium acc and don't have to worry about spreads. Wha'ts the point of putting a minimal spread when during high time it gets super wide? These guys at IronFX know what they are doing so they have a fixed max spread which is a great solution.
I had a hard time deciding which is the best account type in terms of cost-effectiveness, and that's why I started reading IronFX reviews. And I found some reviews with useful advices. One was saying that if you don't know which is the best fit for you, then it's probably better to go with the standard account, which I did. It is the most balanced acc type in terms of cost of trading.
I didn't know that this broker could offer me ready-made solutions and everything necessary to start trading correctly. That is, when I opened an account with IronFX, I just wanted to get favorable conditions from a reliable broker. But later I found out that this broker educates novice traders. Now I'm actively studying all educational resources that it has. And it's Youtube channel is great.
I'm trading through a VIP trading account and I like such tight spreads on this account, for instance, spreads start floating from 1,2 fixed to 1,5 pips.
After a lil research I can tell that these guys are regulated by some watchdogs and certified, so the verdict is legit. But it would be better if they posted all the documents on their page so it saves time.
An amazing selection of assets on their trading platform. When I chose this broker, I didn't pay much attention to what assets are available with Ironfx. All my attention was primarily focused on trading conditions. But when I started trading I became pleasantly surprised. I didn't count the exact number, but I see that there are hundreds of assets available for trading. I'm currently trading about 6 to 8 in parallel.
I am thrilled about my time passed with this broker! It's one of the most respected brokers in the market and this what captivates me the most about it. I also wanna share some details about payment process. It's quite fast, but depends on the preferred payment system. I personally always top up the account and withdraw money using bank wire. I believe it's the most robust way to keep your money safe. Yeah, funds aren't credited right away and you have to wait, but at least it's secure.
Trading with this broker has been just what I expected. And I expected a reliable and safe trading space, with many tools to enhance my trading. And that is more or less, all that I needed here.
Ironfx is an educational broker just by itself. What I mean by that is you can have an account and just do education without actual trading, at least for the time you'll get comfortable in trading. But all the theoretical knowledge should be put into practice, so it's good to have both in one place. And for more seasoned pros the VIP room analytic is on point.
I started trading here as a typical retail trader like on any other platforms, but then thought of copy trading, because it was interesting what strategies other traders share here and of course I was nosy about the profitability rate of them. Now I am following two guys, where one just trade by the trend and use some very simple indicators like RSI and MA, and the other one who appeals to Bill WIlliams and released news. Both of them are quite cool and... lucrative for me =)
I want to say that I'm not an experienced trader and started trading recently. My registration was smooth and without heavy troubles in IronFX. I found out that they hold a competition "The Battle of Traders" and I wanted to participate in this competition but didn't know how, so I contacted the customer service and they explained all the terms and conditions of how to participate in this tournament. Now I'm already a participant of the tournament. Thank you very much, guys!
As a client of IronFx, you will get access to its Trading Central. For those who are not aware of this hub, it is one of the most known analytics platforms. I have decent experience in trading and can trade independently, but I welcome help from TC analytics. It is always good to see another opinion or get a trading idea from a reliable source. So, this can be useful not only for beginners but also for experienced traders. It saves me a lot of time, and the Autochartist tool is a great addition helping me to spot those candlestick patterns that can be great trading signals.
IronFX has some interesting features that just makes you happy to be on board. Some of them include the copy trading feature, yes I know many other brokers might have this but the difference is clear you need to try this broker for yourself to understand the wonderful experience. Trading here has been very pleasant and the conditions have also been very favorable. I also like that in my spare time I am able to increase my knowledge with their educational materials. The IronFX reviews generally are also highly positive.
This is one of the best brokers in the financial industry that provides a lot of qualitative trading materials for traders. The trading academy offers webinars, ebooks, glossary, podcasts and videos. Definitely recommend to watch their webinars as you can get a lot of helpful information about trading. I also love going to work and listening to podcasts. It really helped me to improve my trading skills.
I kinda really like the trading conditions here. The leverage is big enough but lets you select smaller options. The spreads... depending on the account, offer traders a lot of different opportunities. All of the account types have tight spreads, but some have tighter spreads with commissions or no commissions even.
The education section on their website is just an absolute godsend for me. The VIP room especially surprised me. There you can view market forecasts from professionals and even request a forecast from an expert.
I tried to think of something that I favor less than other on their platform. The thing they could improve further on - swaps. As a positional trader, it's of utmost importance for me not being ripped off while I keep holding positions overnight. Of course, sometimes the swaps on some assets can be positive, meaning that you are paid by the broker, but there are situtions when you have to pay more than expected :( For the rest, everything works very steadily here and it's the greatest highlight for me.
The access to vip trading room, exclusive insights and tailored analytics is a killer feature of the platform. For a symbolic pay, that is depo sum, you get many opportunities on researching market.
Recently I took a chance on trading with IronFX, opting for a rare forex pair EUR/PLN. The trade went pretty well with seamless execution. No issues whatsoever. I was particularly impressed by the MT4 platform they offer. It's been tailored to perfection. Advanced charting tools that were quite handy in my analysis. The leverage provided was just right for the trade. Really nice.
Great choice of account types! But add Bitcoin already, please... it is about time...
Not impressed at all. The broker is simply the average broker and lacks the refinement that the big brokers have. I can see that IronFX has improved over the years, but it is still coming up short. The best part of the entire service is the academy which has a lot of materials that new traders could take advantage of. Still, the trading conditions are just okay, as well as the trading platforms. In fact, the proprietary trading platform of the broker has a lot of improvements to make.
VIP Room is something that I like here the most. A lot of perks are opened due to it.
My goodness, I received my funds the same day I placed the withdrawal inquiry. I have never experienced such a speedy withdrawal process. Nice.
IronFX's services are alright, but it feels like they could improve the trading conditions a bit further.
I think Ironfx's promotion system is one of the most thought through in the market, because they do not just provide a number of useful bonuses to increase your market activity, but also give you the opportunity to participate in the trading tournaments. And tournaments are great for improving your trading skills first and foremost. Competition brings everything to flourish.
So far, I have had a very good experience with trading with this broker.
I haven't used all of the features of Ironfx but the ones that I have, were great. I especially liked the VIP room service. For depositing a fee of $250 you have the ability to get the forecasts for currency pairs and take part in the discussion of those forecasts. How cool is that?!
And if you deposit more, you will unlock forecasts for more and more instruments. I presume it's a unique feature of the broker. At least I haven't seen anything similar to this.
I have been trading with them for three months now, and it was long enough time to objectively assess and share this positive IronFx review. I will try to be objective and provide some downsides of the broker, but honestly, I couldn't find any. On the other hand, I have many things to praise IronFx. I am amazed by the processing speed of the withdrawals, there are many payment methods. There is a quite long list of account types, which makes it easy to find the best match for any type of strategy. As for the educational resources I think their Academy is one of the best out there. I appreciate that they have equally provided materials for both beginners and more experienced traders. Finally, IronFx with its low depo requirement and attractive bonuses is quite a welcoming broker.
Even though they are not at the top of my list yet, they are certinlaiy going up in my book of good brokers.
Maybe it's cuz because I havent spent a lot of time on their platform, I am just getting started, but it looks like I can get used to this place!
I like that by opening an account with ironfx I got more than just trading conditions. I got a set of tools and services that make my everyday trading more efficient.
It is an arduous task to find a broker this good. Only a handful of brokers have trading conditions analogous to those here at ironfx.
I am sort of glad that I have run into this platform and tried it a little bit. I am taking things slow, this broker does not scream to put all my money in it. Frankly, it offers really good education and I think I can learn from it.
One of the standout features of IronFX is the regular webinars conducted by industry experts. The interactive nature allows participants to ask questions, seek clarification, and engage in discussions. I like it.
I think this broker is unrivaled in terms of education and analytics provided. Not quite satisfied with the overall number of assets but if you're a beginner trader then Ironfx is your obvious choice.
Top broker amongst all others I traded with in my life. I assess it from the point of user-friendliness and client-orientedness. They are certainly leaders in my personal list according to these variables.
They have has a pretty robust reading environment and solid trading conditions to follow up. I would enjoy more in-depth analytics but what the broker provides is more than enough.
If treat this brokerage company objectively and unbiasedly, I can conclude it's a decent one. It's not free of any downsides, because apparently all companies have such ones. However, estimating strictly instruments for trading, environment, infrastructure - overall quality is pretty high. I'm glad to be a part of such an immense community of traders who daily work hard to bring home the bacon.
I pretty much like IronFX for the opportunity to work on various financial markets. Company provides nice software, many assets and a perfect client support service. The only thing I would mention is the design of official website. I guess it could be a little more user-friendly, but that is my personal opinion and it can be subjective.
Ironfx is one of those forex brokers that you want to stay with. It offers not just an attractive trading environment, but also the atmosphere of constant development via its comprehensive education section.
In my experience, I have used IronFX for an extended period and can attest to its outstanding performance. The interface is user-friendly with vast tools available. Their execution speed surpasses expectations significantly, with little or no slippage.
This broker has gone way beyond a regular fx broker with a standard bonus system for beginners. It implemented the tournament scheme with big cash prizes for leaders of the scoreboard. Great motivator for competitive traders to use Ironfx.
Solid broker offering reliable trading conditions, including tight spreads and diverse CFDs. The platform is easy to use and customer service is prompt and helpful.
It seems to me that in their feedback and reviews IronFX customers and other traders do not pay much attention to the benefits of trading education. I am not talking about individual courses or organizations involved in educating traders but about the educational program that IronFX provides. This education is extremely useful for beginners and may be of interest to experienced traders who can see a different perspective on the processes occurring in the markets.
Nice leverage level and set of platforms available. With the true ECN execution I think I will finally manage to squeeze some juice out of the market.
My experience with the broker is rather positive and it is already reflected in the percentage of my profitable trades. I see that I really trade much better at this place.
I am a dedicated follower and a reader of their daily market analysis. I like them as much as their youtube video inventory, I also listen to them on full-blast everyday. They can be really eye opening and can help you look into areas in the market where you wouldn't usually look at. Quite inspirational.
In case you didn't know, IronFX has a youtube channel with daily brief analytics. I recommend it as I use it myself. It helps me to get my thoughts together at the beginning of the day, and it does not take much time. That's what I like about this broker! It takes excellent care of customers. Even if it is just a little, but it works. And care for customers from a brokerage company is rare these days.
I like how this company manages things. Account's conditions are affordable, assets assortiment is pretty large and trading platform is handy.
This broker is the best because it provided me with excellent training opportunities. IronFX has a system for educating traders. It's called IronFX School. I like the regular webinars. And in my spare time I read books, which can be downloaded directly from the official site.
