ironfx forex review

Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Customer support is available 24/5, in 30 different languages to support clients from over 180 countries in Europe, Asia, the Middle East, Africa, and Latin America. IronFX’s research and analysis materials are more comprehensive than its education section, but compared to other large international brokers, are still lacking. Overall, although IronFX offers a wide range of informative video content, the materials generally lack substance and are not well-structured. When making this calculation, we use one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.

Dear Natalia,

We’re so glad to hear that you have found our educational materials helpful! Our team is dedicated to providing our clients with the resources they need to succeed, and we believe that education is a key aspect of successful trading. Hi Gustav,

Thank you for your positive feedback about the IronFX blog!

Earlier in 2018, IronFX announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. Hi James,We are sorry to hear that you have had a negative experience with our withdrawal process. Please know that our withdrawal process is designed to ensure the safety and security of our clients’ funds.

  • You know when a broker is malicious you may feel it if you have enough experience.
  • The IronFX customer-centric model combines trading functionality with the best pricing, execution, and liquidity.
  • LMT4 is a very popular trading platform that suits beginners and advanced traders alike.

Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading. All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. Hi Hamedah,We are sorry to hear about your negative experience with our customer service and your deposit issue. We take all complaints very seriously and would like to investigate this issue further.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Much the same as some of the more recent reviews, about a week ago, someone created a fake account using the email tied to this TrustPilot account. I have no use for any of the features here, nor did I ever plan on using them. Terrible service, I will keep this here until I get my money back. The secure IronFX back office handles all financial transactions for verified clients.

Trading Conditions

We do not provide financial advice, offer or make solicitation of any investments. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

They are a great way to test and develop your trading skills. One of the most exciting competitions offered by IronFX is the Grand Trading Prix. This trading competition is set to take place over three months, starting on 3rd April 2023 and ending on 30th June 2023. It has a massive prize pool of $500,000, making it one of the most lucrative in the industry.

IronFX can be contacted on local toll-free phone numbers, live chat, and email. With a long history of responsible behaviour, some of the strongest international ironfx review regulation, we consider IronFX to be a safe broker to trade with. IronFX offers various bonuses and contests for the investors signed with the Bermuda entity.

A basic introduction to IronFX Forex brokers

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. IronFX offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. Social and copy trading options are limited, with no dedicated third-party platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. Traders should also consider potential third-party processing costs and currency conversion fees.

The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. LMT4 is a very popular trading platform that suits beginners and advanced traders alike. We highly recommend IronFX for those of you looking for a top-notch broker.

We tested the spread on the IronFX standard account during the London open at 8am UK time and just after the US open at 2.45pm UK time. IronFX offers a host of possibilities for those who would like to enhance their experience. Webinars, seminars, Forex encyclopedia, educational videos and a Forex eBook are just a few examples. IronFX accepts a range of different payment methods including Skrill, Neteller, SafeCharge, Dotpay, NetBanx Asia, Visa and Mastercard, and ChinaUnion.

IronFx’s Non-trading Fees

If you have an account with this broker, the FPA recommends you try to withdraw your funds immediately. I heard about this tournament, but unfortunately I can not take part myself. As far as I know there are very loyal requirements for participants. But I advise to clarify all the information on the official site. I went to the FSA but was told my account fell under the Cyprus version which if you don’t read Greek is a bit useless.

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In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account.

Educational Material

You can see a rundown of the economic calendar, and financial news, an introduction to all of the trading instruments, videos that help guide new traders and pro traders alike. It’s always essential a trader ensures their trading platform has gone through the legal process to ensure they’re safe and secure. The email and phone lines are available in 180 countries and over 30 languages that span the entire globe.

Can IronFX be trusted?

With years of experience, an increasing number of clients and competitive trading conditions, IronFX has maintained a great reputation. Our clients are always happy to recommend us to fellow traders and share their excellent reviews.

IronFX also offers email support and live chat, as well as telephone and fax support from their central location. Clients can dial telephone numbers with direct lines to Introducing Brokers or IBs, client funding queries and their trading desk. Terms and conditions do apply, and none of this bonus cash can be taken out of your account. In terms of the trading conditions on offer, IronFX currently boasts around two hundred tradable instruments across six asset classes.

Best Social Trading Platforms and Brokers of 2023 –

Best Social Trading Platforms and Brokers of 2023.

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The PMAM allows you to manage several different forex accounts all under one banner, and it can work in conjunction with MetaTrader 4 to offer a great experience for any professional trader. IronFX offers customer care services through email support and a support line that is available to answer calls 24/5. Customers can expect to receive a response within 24 hours during business days when they send an email to the support team. However, there is no live chat support available, and the customer care services are not available 24/7.

Cryptocurrency is one of many instruments that IronFX provides. A trading instrument is a different type of market you can trade with. There are several different trading instruments, some are more volatile than others. To see a platform that has a wide range of trading instruments, check out our WeBull review.

ironfx forex review

In addition, the company doesn’t have a great score, being rated as average, with 40% of 1-star reviews. At the time of writing, we found 275 IronFX reviews on Trustpilot. However, what’s concerning is the warning regarding fake reviews that were detected and removed. We also want to invite you to read updated XBTFX, Swiss4Trade and FTM Trade broker reviews. With everything being said, it’s clear that IronFX is not the broker you’d first choose.

IronFX is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors. The broker has a good choice of over 300 tradable assets, a variety of account types, spreads from as low as 0.0 pips and excellent support in over 30 languages. IronFX has earned these awards through its commitment to providing a secure and reliable trading platform with competitive spreads and tight liquidity. The company also offers a variety of educational resources to help traders learn more about the markets and develop their skills.

As a professional broker, I also value the market analysis and daily newsletter that I regularly receive in my email inbox. We’re committed to providing comprehensive and useful educational materials, and your feedback is important to us. If there’s anything specific you’d like to see in our educational offerings, please don’t hesitate to reach out. We appreciate your support and look forward to serving you in the future.

Customers can contact IronFX via phone, email, or live chat for any necessary inquiries or assistance. IronFX allows its clients to trade CFDs on spot commodities with deep liquidity and flexible leverage. Trading commodities can give investors a hedge against volatile market periods, and IronFX makes it easier to start.

Is IronFX real?

IronFX opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa.

IronFX is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, IronFX acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. It is important for traders to be aware of this dynamic when trading with IronFX or any other MM broker. IronFX provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves.

IronFX is one of the leading brokers working in the retail FX market. Along with forex, IronFX provides services in CFDs on US&UK stocks, commodities, and spot metals. IronFX is a subsidiary of an international Financial Services group established in 1972, providing a wide range of financial services to private traders and institutional investors. IronFX is a globally-recognised, remarkably well-regulated Forex broker with a range of assets on offer, including over 80 Forex pairs, which is more than other brokers. Trading conditions are poor across most account types, but IronFX allows traders to choose from a wide range of options, including the execution method that suits their trading strategy. IronFX considers itself to be the leading online broker and seems to be recovering well from past regulatory issues.

ironfx forex review

We look forward to providing you with the best possible service in the future. And I’ve tried pretty much every broker out there, but IronFX is by far my favorite. Information regarding a business’s commitment to promoting ethical trade throughout their supply chain will be shown here, if applicable. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

We’re committed to providing our clients with a safe and transparent trading environment, and we’re glad to hear that our efforts are appreciated. If you have any further feedback or questions, please don’t hesitate to reach out to our customer support team at

Solid Trading. In terms of leverage, the broker offers leverage ratios of as much as 1 to 500 on some trading instruments, such as forex currency pairs for example.

Can you withdraw from IronFX?

You can withdraw your profits only through the Bank Wire. You can receive your initial deposit via the payment method initially used and then all excess funds (profits) will be sent to your bank account. In order for the above to take effect, you need to apply for a bank withdrawal from your client portal.