IronFX is a well-known financial services company and forex broker that offers a fast-trading service with instant access to various markets.
Brokers are committed to providing top-notch trading services and features in line with the fast-paced, ever-changing trading environment.
With IronFX, you can trade smart and efficient. With a wide selection of educational martial arts and various analytical tools, you can learn while trading in the market. In just a few days, you can go from beginner to expert. Easily adapt to changing market conditions. Accelerate your business and turn it into a solid victory with an active community of over 350 assets and skilled and successful traders.
IronFX safe or scam?
To be very safe for trading, a broker must be regulated by at least one top-level regulatory authority. IronFX was established in Limassol, Cyprus in December 2010 after receiving approval from CySEC. In 2013, IronFX opened an office in Australia and was regulated by ASIC, while it also received FCA approval in the UK.
The broker is also a member of the Investor Compensation Fund (ICF), a non-profit organization dedicated to protecting customers from fraud and deception.
The broker is primarily responsible for ensuring that the client’s capital and funds are well-protected. Firewalls and SSL software protect merchant data and transactions. This broker has never been involved in any IronFX scandalous operation.
How Many Types of Trading Accounts?
The broker offers 3 highly configurable accounts, Standard, Premium and VIP, which cater to traders who are dealing at different levels, and is a stable and highly responsive CFD trading that adapts to the dynamic trading market.
Traders can practice their trades, capabilities and strategies on IronFX’s free demo account before they go live on the market. A demo account is extremely convenient for new and inexperienced traders as it provides insights from their errors without any financial risk.
IronFX calculates a reasonable maximum leverage of 1: 500. The following table shows the expected leverage that brokers offer for different trading products and account types.
Different resource classes
Brokers offer a wide range of instrument trading facilities, allowing traders to interact with global markets. One can trade with IronFX in a wide range of asset classes, such as forex, stocks, indices, cryptocurrencies and commodities.
Forex Currency Pairs: You can trade all currency pairs including major, minor and foreign.
Stocks: Get your hands on stocks of mega-companies and tech giants like Twitter, Tesla, McDonald’s, JPMorgan and many more.
Indicators: Diversify your investment portfolio through key indicators like Dow Jones, FTSE 100 and many more.
Cryptocurrency: IronFX offers CFDs on all major cryptocurrencies, such as Bitcoin, Etherium, Polygon, and more.
Products: Invest in a wide range of products, both hard and soft, including natural oils, copper, precious metals, livestock and agricultural products.
IronFX provides MT4 trading through its WebTrader and mobile applications, both functional and efficient. The platforms are highly user-friendly and have well-defined functions. The broker offers the best in class mobile trading platform or app for each level of the trader so that one can trade efficiently from any place anytime.
MetaTrader 4 and WebTrader have various smart features such as instant market notifications, real-time balance levels, price alerts, multilingual support and much more.
Account opening process
Brokers offer a simple three-step account registration process.
- You must create an account by providing information such as your name, email address and password. Fill in the blanks with information about you and your profession.
- You need to complete a questionnaire about your trade. This will enable the brokers to better understand your trading goals and style.
- Cash will be credited after verifying your account.
Commission and fees
IronFX provides low cost trading services to customers. There is no fee for depositing and withdrawing funds as the broker is a commission-free service provider.
No fee is charged by the broker for deposit or withdrawal. Brokers offer a variety of deposit and withdrawal options, including MasterCard, Visa, Credit / Debit Card and Cryptocurrency Wallet.
The main source of income for brokers is spread. Spread is the difference between bid and ask price. Other fees include overnight fees, inactivity fees, and trade fees.
The last row
IronFX is a new broker that works hand-in-hand with state-of-the-art trading technology. The broker’s trading services have some of the most advanced and useful features. ASIC regulates IronFX, ensuring that trade and capital are protected. In addition, compared to the broker’s top services, the trading fee is quite low ৷
We strongly recommend you to trade with IronFX, as it is one of the best forex trading brokers on the market today.