IronFX
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Country
Cyprus
Min. Deposit
$50.00
Spreads
Starting from 0.0 pips (raw ECN accounts); average 1.2 pips on standard accounts for EUR/USD; fixed options from 1.2 pips.
Pros
What we like
- Wide selection of account types to match different trading styles.
- Strong research and educational materials, including signals and webinars.
- Supports copy trading and free VPS for qualifying deposits.
- High leverage options for forex and metals.
- Quick deposits and withdrawals with no processing fees.
Cons
Areas for improvement
- Spreads can be higher than average on certain pairs and assets.
- Limited to MT4 platform; no MT5 or other alternatives.
- Does not accept clients from the US or certain restricted countries.
- Some user reports highlight withdrawal delays and past scam allegations.
Broker Summary
IronFX, started in 2010, operates as a broker for forex and CFD trading across more than 300 instruments, such as currency pairs, metals, indices, commodities, cryptocurrencies, and futures. It serves traders worldwide through entities in several countries, focusing on market maker execution with tools for both beginners and experienced users. The broker emphasizes research support and flexible accounts but has faced criticism in some reviews for execution issues and client disputes.
Trading Platforms
Mobile Trading
✓ Yes (MT4 mobile app).
Web Trader
✓ Yes (MT4 web version).
Safety & Regulation
Capitalization
Not publicly disclosed.
Insurance
Client funds segregated; entity-specific compensation schemes (e.g., ICF, FSCS).
Licenses
CySEC (125/10), FCA (585561), FSCA (45276); segregated client funds and negative balance protection standard. Compensation up to €20,000 (CySEC ICF) or £85,000 (FCA FSCS).
Jurisdictions
Cyprus, United Kingdom, South Africa, British Virgin Islands (BVI FSC).
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
Supports USD, EUR, GBP, AUD, JPY, CHF, and others; no fees from broker, but third-party charges may apply.
IronFX Overview
Comprehensive broker information and trading capabilities
Languages & Region
English, French, Spanish, Chinese, Korean, Farsi, Japanese, and more.
Cyprus
Pricing & Fees
Commission-free on most accounts; $6 per lot on raw ECN; inactivity fee of 3% after 90 days.
Deposit Methods
Credit/debit cards, bank wire, e-wallets (Skrill, Neteller, FasaPay, WebMoney, Paysafe), local transfers, digital assets (crypto).
Withdrawal Methods
Same as deposits; processed in 1-7 business days (instant for e-wallets).
Trading Platforms
MetaTrader 4, WebTrader
Leverage
Up to 1:2000
Account Types
beginner-friendly, ecn-raw, standard, islamic, ecn, copy-trading, vip, raw, managed, zero-commission, low-spread, high-leverage, crypto, stock-cfd, scalping-ea, fast-execution
Customer Support
24/5 via live chat, email, and phone (for active clients); multilingual and responsive.
Fund Security
VPS Hosting
IronFX Insights & Features
Discover what makes IronFX stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
✓ Yes (economic calendar, blog, real-time updates).
Top Feature
Standout platform feature
Extensive copy trading and PMAM for money managers.
Research Tools
Advanced research capabilities
✓ Yes (Trading Central signals, market sentiment, daily analysis).
Educational Resources
Learning materials and courses
✓ Yes (30+ videos, 620+ webinars, 100+ podcasts, 7 video courses on psychology and strategies).
IronFX Account Structure
Compare account types and features
IronFX Account Types
| Account Type | Execution Model | Typical Spread (Forex) | Commission | Leverage | Base Currencies | Stop-Out | Swap-Free Option |
|---|---|---|---|---|---|---|---|
| Standard Floating | Market Maker | ~1.2 pips | None | Up to 1:2000 | USD, EUR, GBP, JPY, etc. | 20% | Yes |
| Standard Fixed | Market Maker | ~1.2 pips (fixed) | None | Up to 1:2000 | USD, EUR, GBP, JPY, XBT, XET | 20% | Yes |
| Premium | Market Maker | From ~1.4 floating / 1.7 fixed | None | Up to 1:1000 | USD, EUR, GBP, AUD, JPY, PLN, CZK | 20% | Yes |
| VIP (MM) | Market Maker | From ~1.2 floating / 1.5 fixed | None | Up to 1:1000 | USD only | 20% | Yes |
| Live Zero Fixed Spread | Market Maker | 0 pips (fixed) | Yes | Up to 1:1000 | USD, EUR | 50% | Yes |
| Raw ECN | STP/ECN | 0 pips | Yes | Up to 1:1000 | USD, EUR, GBP, JPY | 50% | No |
| ECN VIP | STP/ECN | ~0.3 pips | No | Up to 1:200 | USD, EUR, GBP | 50% | No |
Trading Features & Conditions
Explore IronFX's comprehensive trading ecosystem
Max Leverage
Up to 1:2,000 (in some entities for floating/fixed); ECN up to 1:1,000.
Risk Management
Margin close‑out / stop‑out rules; negative balance protection (in some cases)
Special Conditions
Swap‑free account option; deposit bonuses (but bonuses typically cannot be withdrawn)
Frequently Asked Questions
No FAQs available for this broker.
