IronFX Review & Rating by Traders, Submit a Review

74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 74% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

  • IronFX uses the MetaTrader 4 trading platform, one of the best in the online trading industry, especially for forex traders.
  • Learn about the world’s leading forex brokers quickly and easily and access inside information about how the trading markets work.
  • IronFX is one of the few brokerages that offer cryptocurrency CFDs for investors interested products like Bitcoin.
  • IronFX customers with a minimum balance of $5,000 benefit from free use of a VPS .
  • With 138 currency pairs and 3,600 CFDs on offer, you have a wide variety of options to choose from, even if you are just planning on trading major currency pairs.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. All accounts derive benefit from zero commissions, technical analysis reports, dedicated account managers, complete network-operating environment support, and a real-time customer coverage. IronFX makes a wide range of assets available, the most popular of which with users is forex. The MetaTrader 4 trading platform is accessible to all registered users.

Bonus on each deposit

limefx does not have its own platform but offers the complete MT4, MT5 and cTrader solutions, as well as supporting DupliTrade only for copy trading. Founded in 2010, limefx has been quick to adapt to the social copy trading trend, providing plenty of tools for traders to share and mimic trading styles. Although MetaTrader and cTrader are not available, Plus500’s own platform is very user-friendly. It comes with a range of intuitive risk management features and is available on web and mobile.

IronFX forex brokers reviews

The silver trading account is designed for those new to trading and looking to make money. This makes it easier for you to get the kind of value that you would have wanted from the service. In terms of enticing offers or add-ons, though, IronFX does not offer anything like this. What this does not limefx courses scam provide in terms of direct value to you through promotions, it makes up for in generally providing the best quality of service that one would expect. The only kind of benefits and bonuses that you might get when you are using this is a cash rebate, a cash back system and/or a refer a friend bonus.

IronFX review (forex broker)

We’re sure you have a bunch of questions about forex trading, and this guide will help you find the answers you need to start your own journey into the forex world. The PMAM (Personal Multi-Account Manager) lets users manage an unlimited number of accounts. Multiple funds can also be created and Activity Reports can be generated. Investing in select market sections across the globe is possible through the Spot Indices product of the brokerage.

IronFX forex brokers reviews

You will find out the different non-trading and trading fees, as a part of IronFX. In 2014, IronFX has been awarded with the Most Trustworthy Forex Broker from JRJ. The broker was also awarded the Best Customer Service Provider in 2014, for its quality customer support and its transparent process to traders.


For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority , which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates IronFX in the country. Holders of a cash rebate account limefx broker reviews can access all of IronFX’s trading instruments according to the various characteristics of the standard and premium accounts. IronFX offers this EA Builder for free to traders who deposit a minimum of $500. For withdrawal, however, traders have to inform the broker in advance.

Is IronFX FCA approved?

The company holds licenses from the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Australian Securities and limefxs Commission (ASIC) in Australia and the Financial Services Board (FSB) in South Africa.

Better yet, all traders are assigned an account manager who aims to give you assistance whenever you need it. You will typically only be charged $6 for forex or CFD trades made on IG through the MT4 platform, and better yet, you aren’t required to make a minimum deposit when you first open an account. According to your needs, you may choose your preferred software using the same IronFX account. That is the easiest way to get started because you don’t have to do any installation. IronFX charges low spreads, sometimes as low as zero pips depending on the trading volume and currency pair. The type of spreads depends on the account type you choose such as Live Floating and Straight-Through Processing or Electronic Communication Networks .

Does IronFX offer negative balance protection?

Depending on your trading style, you should find a suitable option depending on your trading style. Their fast rate of execution, funding and withdrawal process is awesome, their services are just one of the best i have seen. IronFX provides 24/5 customer support through email and live chat to all the users and active clients from 180+ countries. Moreover, you can get the answer in more than 30 different languages.

73% of retail investor accounts lose money when trading CFDs with this provider. 76% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. 79.90% of retail investor accounts lose money when trading CFDs with this provider.

About IronFX

Read its reviews and you will see that its customer support is exceptional and available around the clock – something often overlooked when choosing a broker. This regulated broker offers ideal trading conditions no matter what your style of trading. With Switch Markets you can trade Forex, CFDs, Crypto, Commodities and more on either a live trading account or a demo account.

How long does it take to withdraw funds on Vantagefx?

Unlike some deposit options, withdrawal is rarely instant. It usually takes at least 1 business day, but often several business days for your money to arrive. We tested withdrawal at Vantage and it took us 1 business day.

When choosing a broker, consider whether it is regulated, how much it charges in trading fees, which trading platforms it is compatible with and the level of customer support available. When considering customer service, also keep in mind the level of support each broker offers through educational tools and resources. The best forex or CFD brokers want you to turn a good profit and will often provide video tutorials, articles and webinars, most of which are free to access for account holders. Broker features cutting-edge trading platforms appropriate for all markets and goods. As a result, traders can have fun investing in the markets and use these trading tools to foresee market moves and make decisions accordingly.

IronFX brokerage news

The mobile offering also comes with the IronFX Research app which gives users an overview of the financial markets and major news events. IronFX trading platformTraders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader.

  • The best trading features and several trading opportunities in various trading instruments make it the best.
  • IronFX overreaching local client service makes it one of the best options for novice traders around the globe.
  • For the countries where they have local customer support, it is a more reliable broker.
  • Researching to find a forex broker that will meet your needs is a better option.
  • Business Mole is an independent small business news portal for startups, SME’s and growing organisations.

The same subcategory also includes trading of spot energy commodities. The broker offers CFDs on several commodities, including Brent Crude and West Texas Intermediate oil. IronFX is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus. The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC.

  • Although we have listed several brokers below, it should be noted that this is through online research, not personal experience.
  • This is the beauty of MT4 – the platform aims to help users spot trends in currency markets.
  • IronFX is a good Forex trading broker that takes care of its client’s funds and personal information.
  • It offers a 20% welcome bonus up to $10,000, according to regulation and a free 21-day demo account with $100,000.
  • All of these options allow for fast, simple, and stress-free transferring of all of your cash to the right place and in a simple, easy, and stress-free solution.
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Daniela González
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