Ironfx Review, Rating, Registration Process & More

In addition, the broker accepts several instant banking transfer services, which are available locally – Union Pay for Chinese customers, DotPay for Polish traders, etc. The other alternative is to use the Personal Multi Account Manager but it is available only to professional traders and money managers. It must be installed on PCs working under Windows 98 or higher.

IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go. Lets explore each of these trading platforms in detail and what options IronFX gives you. You can trade a wide variety of instruments with IronFX over 100 instruments infact. If a market order is not fulfilled by your brokerage usually no commission is charged.

IronFX offers a wide scope of trading tools and materials that will help each trader, no matter the level of skill, make profitable trades. This broker also offers a free forex strategy course where traders can pick and learn a specific strategy to increase their skills. It is suitable for beginning traders, as well as experts who may need a refresher every now and then. IronFX is a foreign exchange trading company whose base is Cyprus. IronFX have won some prestigious awards since its inception in 2010. These include the Best Mobile Platform in 2014, and Best Forex Broker. IronFX Global Ltd is authorized and regulated by CySEC, and has various licenses and authorizations for a number of other countries, including Australia, UK, and South Africa.

The History Behind Ironfx

Client funds are segregated from company funds, reducing the potential for misuse. 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 Foreign exchange autotrading 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 .

Currency pairs include AUD/CAD, AUD/JPY, CAD/CHF, EUR/AUD, EUR/DKK, EUR/HKD, EUR/CNH, NZD/USD, PLN/JPY, USD/TRY, USD/ZAR, USD/CAD, NOK/SEK, NZD/SGD and several others. The award-winning platforms available web, mac, desktop and mobile while members also gain access to a variety of trading strategy fully customizable tools. The IronFX MT5 platform is optimised for tablet, iPad, and mobile devices and available from the website for free download. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site.

Deposit And Withdrawal

In 2013, offices were opened in Australia, and it became officially recognized by the SDIC. 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 .

• IronFX has made the news during its relatively short history.
• Bank Wire– bank wire deposit fees are contingent on the corresponding and intermediary banks.
• The company is also well-regulated, which means that it’s safe and you won’t get scammed.
• The ECN broker manages to consolidate quotes from several participants, which is why spreads here start from 0.0 pips and are typically very tight.
• These are determined by the activities you undertake in your accounts.
• And make sure you have a confirmation that any remaining fees are not due.

learn more 67% of retail investor accounts lose money when trading CFDs with this provider. This IronFX review was written by industry experts with over 20 years of financial experience in Forex, CFDs, Social Trading.

Ironfx Fees Explained

We feel, however, we should also mention a number of very negative reviews we found when undertaking our research for this IronFX Forex brokers review. Much of it seems to center around withdrawals, and as with any kind of customer review, Currencies forex we took them all with a pinch of salt. Our best advice, if you’re interested in trading with IronFX, is start small, preferably with a demo account. If a broker has a score less than 80, like this one, we won’t recommend it to you.

We didn’t have any problems, and we find IronFX to be a good example of a transparent and responsible exchange broker. As previously mentioned, IronFX offers customer service to customers from over 180 countries in around 30 languages.

Ironfx: Customer Support

IronFX is a global financial services provider with a trading career laden with several awards and recognitions. This broker has cultivated global presence in the trading industry, offering quality services to all types of traders. IronFX PMAM (Personal Multi-Account Manager) – This is the trading platform for traders who want all the tools to IronFX – A Foreign Exchange Brokerage Review integrate trading under one master account. IronFX MetaTrader 4 – It’s always good to learn that a particular broker is offering one of the most popular trading platforms, and this can be said about IronFX. There is a full suite of trading tools, market indicators, and technical analysis tools, as well as the option to use Expert Advisors.

Premium Account- Apart from its 0.7 spread on EUR/USD pairing, other features bear no difference from the Micro account. One is required to have a minimum deposit of $2,500, a relatively expensive amount given that it does not offer unique features compared to the starter account. Its main office is located in Cyprus and has expanded its scope to more than 180 countries. In a bid to expand its services using traditional means, it prohibited individuals from China, Russia, and Nigeria from availing its services. In addition to its expansion scheme, it was reported to have partnered with EmurgoHK in developing its own virtual coin exchange. However, before deciding to participate in Foreign Exchange trading, you should carefully consider your investment objectives, level of experience and risk appetite.

IronFX likes to keep things simple and straightforward by providing three account types. These fixed-spread accounts work on a tiered-structure, giving clients the opportunity to pick the account that best suits their preferences. Subscription with IronFX guarantees advantages, allowing clients to maximize the platform for higher margin of profitability.

Alternatively, IronFX offersa demo accountthat you can use to practice and familiarise yourself with their platform. IronFX members benefit from coverage offered round-the-clock by the most accomplished client coverage teams in the world. The customer-centric service provides excellent trading functionalities via platforms joint by a side suit of product available at the best execution and pricing.

We review all brokers to astrict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information. We value transparency and openness in the way we review the partners.

Good Service .withdrawals Are Quick

IronFX features trading on MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps. IronFX is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority , Cyprus Securities and Exchange Commission , Australian Securities and Investment Commission . Their outstanding array of resources will be beneficial for most traders.