We know many trading platforms can seem bland, and a little generic. But, one thing we noticed in our IronFX review is how colourful the entire website is. You’re greeted with a warm bright red that covers the entire website, which is overlaid by a nice simple white that compliments the red well. With each type, the spread is lowering, while on the offshore website, all accounts can be swap-free.
I also like the IronFX fractional share dealing, which is excellent for smaller portfolios. Since 2010 we provide our valuable customers with best-in-class platforms and tools, professional-grade execution, and industry-leading customer service. With my two years of trading, I’m not a beginner but also not a professional yet. I should say I rarely trade any other assets except for currencies. It gives me big confidence with the broker and I naturally want to continue trading with it in the future. Hi Ajeet, Thank you for sharing your positive experience with IronFX!
Trading commodities can give investors a hedge against volatile market periods, and IronFX makes it easier to start. The broker offers an essential guide to commodity trading for beginners, so even those new to online trading can learn the basics quickly and easily. As a globally renowned broker, IronFX complies with the world’s most stringent regulatory standards.
IronFX Platform – A View From 2023
Most traders will pass verification after submitting a copy of their ID and one proof of residency document. IronFX might ask for additional information on a case-by-case basis. I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations.
- A good way to find out more is by reading our Forex broker reviews.
- It provides a simple and secure platform to trade on the go, with access to over 300 trading instruments with CFDs.
- Hi Harmony,
We love seeing your review and we are so happy you are part of our community!
- We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners.
IronFX customers are able to benefit from over 200 trading tools, very tight spreads and perfect trading conditions ensured by “One Account, Fifteen Platforms” feature. The broker’s achievements have been recognized by many international awards, such as Fastest Growing FX Broker 2011 and the CEO of the Year 2013 award from European CEO Magazine. We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust.
Please note that there is a major difference between swap long and swap short rates in the instruments we measured. This factor should be taken into account when trading, as swap fees impact your performance. 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.
- We use dedicated people and clever technology to safeguard our platform.
- Our IronFX review finds IronFX are sticklers for the detail, and it shows here.
- Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat.
- Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms.
At the same time it also received authorization from the FCA in the UK. A further office was opened in South Africa, and it became authorized by the Financial Services Board (South Africa). Things started to go a little awry, in 2015, when 160 complaints were filed by a number of Chinese affiliates.
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation https://forexhero.info/ by TradingBrokers.com, nor shall it bias our broker reviews. The broker provides you with top class global customer support in over 30 different languages.
At TradersBest, we always try to find a trading platform that ticks all the boxes and provides something a little different from the competition. IronFX trading platform choice is quite alright compared to everything else. One thing in particular I like that sets IronFX apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education.
Each client is treated with the upmost esteem and as a valued partner. Please read IronFx reviews below before investing with this broker and share your own live trading experiences with your fellow traders. Hello Margaret,
Thanks so much for taking the time to leave this review! We’re glad you found the experience with IronFX smooth and easy. Our customer support team is always available at if you have any issues.
However, with everything we’ve learned about IronFX, testing doesn’t help. The brokerage proved that it’s not reliable and has issues with customer withdrawals. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. 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.
Their withdrawals are also very quick – depending on your payment method, you could have your funds in your account from anywhere between 24 hours to three working days. However, you’d have to be inactive for a year or over to warrant this, so they give you plenty of time to work with their platform. Our IronFX review appreciates the variety that IronFX brings to the table with their accounts.
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.
Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. The FPA recommends against depositing money with this broker. If you have an account with this broker, the FPA recommends you try to withdraw your funds immediately.
👮♂️👮🏽♀️ Are there regulatory actions against IronFx?
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, ironfx review SafeCharge, Dotpay, NetBanx Asia, Visa and Mastercard, and ChinaUnion. Fees apply for some of the methods, and there are also minimum and maximum amounts that apply.
We look forward to providing you with the best possible service, we happily share our time and knowledge, so you can build a life you dream about.IronFX 🚀🦾Solid Trading. Dear James,We are sorry you did not have the great experience we try to give all of our clients and we would like to know more about your experience with IronFX. Could you please respond to our ‚Find Reviewer‘ request here on Trustpilot so that we can locate your account details and have a better understanding of the issues you faced? You know when a broker is malicious you may feel it if you have enough experience. You know when it’s time to quit, otherwise it will be too late.
Indeed, we do understand the importance of having access to reliable customer support when you need it. We’re pleased to inform you that our customer support team is available 24 hours a day, 5 days a week, excluding weekends, as the markets are closed during this time. You can easily reach our customer support team through various channels, including our live chat on the website, email communication, and telephone. Our team is always ready to assist you with any queries or concerns you may have regarding our services or products.
They are not just providing a business to take spreads and commission. They actually want you to have a chance of making money in the markets. This is why they are offering great courses and proper promotions. Your job as a trader to take advantage of what is offered to you and enhance your skills as a trader. Clients should note that both fixed and floating spreads are available for Standard, Premium, and VIP accounts. This selection of options is more than sufficient enough for mobile-based trading.
Still, all this considering, you can’t deny the speed and efficiency that the IronFX payment system grants its users. You choose your chosen trading platform, from the great list they have available – and straight away, you are greeted with a trading platform that you can start investing with. Our IronFX review finds IronFX are sticklers for the detail, and it shows here. On the search for a trading platform that gives you both variety and flexibility?
IronFX received a high score for the Account Types and Terms category in our rating. IronFX also provides access to cryptocurrency pairs, including rather exotic options like XRP/JPY and ETH/GBP. All entities hold clients’ accounts segregated from the firm’s accounts, which means that clients’ funds are safe in case the broker has financial problems. It’s always essential a trader ensures their trading platform has gone through the legal process to ensure they’re safe and secure.
For some accounts, Bitcoin is available as a base currency. IronFX received a below-average score in the Education category in our rating due to the absence of trading courses and platform tutorial videos, as well as a low number of articles. At the same time, the broker offers a wide range of trading webinars, available in multiple languages. The news is published on a daily basis and contains the key highlights of the trading day. It may also contain a short video or some technical analysis.
Hi Fabian,Thank you so much for taking the time to leave us a review! I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds.
They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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.
Live Zero Fixed Spread account offers zero spreads, but traders will have to pay a commission. We have contacted IronFX customer support several times through the online chat. We asked about deposit and withdrawal methods, as well as about the amount of the minimum deposit. The support team reacted quickly, and their answers were clear and professional. IronFX is a trading platform that knows their market, and they excel at providing a great experience for new customers, and new traders in general.
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IronFX is a long-lasting brokerage, present on the financial market for over a decade. As such, it built its reputation, but our research showed that it’s not as stellar. There have been some concerns and fines in the past that we’ll present in our detailed IronFX review. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
Once approved by IronFX’s team of experts, you will receive an email confirming your account opening with instructions on how to fund it and start trading with IronFX. IronFX provides support via online chat, phone, and e-mail. IronFX received a high score for Customer Support in our rating due to professional and timely responses and multiple supported languages. The selection of indices and commodities is also rich and includes both spot and futures instruments.
Is IronFX better than IC Markets?
Is IC Markets better than IronFX? In our analysis of 23 international regulators across 62 of the best forex brokers, IC Markets is considered average-risk, with an overall Trust Score of 86 out of 99. IronFX is considered average-risk, with an overall Trust Score of 84 out of 99. Learn more about Trust Score.