Choosing the proper broker to satisfy all of your trading needs is a difficult task. IronFX is a well-known brokerage firm that offers top-notch services, tools, and security.
The broker makes no distinction between skilled and new traders in a trade. In addition, this financial services provider allows you to trade CFDs on all asset classes.
The regulated broker has an efficient team of seasoned and skilled investors who employ financial trading resources and analytical techniques to optimize profits for clients.
Furthermore, for a better trading experience, the financial service company provides the globally recognized MetaTrader4.
Is it Legit to Trade?
IronFX was founded in Limassol, Cyprus in December 2010 after obtaining authorization by the CySEC. In 2013, IronFX opened an office in Australia and became regulated by the ASIC, while it also received authorization of the FCA in the UK.
The broker follows all of the authority’s rules and regulations and is dedicated to providing openness and reliability without any IronFX scam operations.
IronFX is a trade name of Notesco Limited. Notesco Limited is registered in Bermuda with registration number 51491 and registered address of Clovelly, 36 Victoria Street, Hamilton HM 12, Bermuda. The group also includes CIFOI Limited with registered office at 28 Irish Town, GX11 1AA, Gibraltar. CIFOI Limited is wholly owned by Notesco Limited.
Pros
- Improve trading standards.
- Market Expertization
- Get access to educational materials.
- Obtain immediate access.
- Customer service is available around the clock.
- Trading Platform with a User-Friendly Interface.
- More than 350 financial instruments are available to trade.
Cons
- MT5 Trading platform Absent.
Types of Trading Accounts provided by the Broker?
Subscribers to IronFX trading accounts can access a real-time trading environment and choose an asset. For FX trading, stock trading, commodities trading, and many other types of trading, you’ll need a compatible IronFX account. With a minimum deposit requirement, you can do so.
The following are the characteristics of each trading account type:
Retail Account
It primarily consists of three account types: standard, premium, and VIP. The standard account tier is for inexperienced traders, the premium account tier is for intermediate traders, and the VIP account tier is for seasoned traders.
Standard Account: It is intended for beginners and those who do not wish to take significant risks. IronFX provides a plethora of alternatives for them.
Premium Account: The brokerage firm provides greater trading alternatives, tools, and the possibility to explore the market through the gold account to gain some information, experience, and money.
VIP Account: The account is created for skilled traders who want to take their trading to the next level.
Demo Account
- For both new and experienced traders.
- A free account is available.
- For active traders, there is a sufficient trading period.
Islamic Account
The broker gains revenue from these trading accounts, including a demo account. As a result, trading with IronFX is unique.
- There are no re-quotes or hidden fees.
- An account with no Islamic swaps.
- No trading commissions.
- An account manager who is dedicated to you.
- Margin is permitted when trading at a ratio of 1:400.
How to Create a Trading Account?
Open a trading account with these easy steps:
- IronFX’s official website can be found here.
- For verification purposes, offer a financial service provider your name, last name, country, contact number, and email address.
- Upload the necessary documents, including evidence of identity, proof of address, and financial and bank statements.
- Select the asset you want to trade and fund your account.
- Begin your trading career.
Tradable Financial Instruments
IronFX allows consumers to trade on more than 350 different financial instruments, including:
- Cryptocurrency
- Forex
- Indices
- Stock
- Commodity
Commission Charged and Leverages Offered by the Company?
It allows you to trade without paying a commission. The spreads vary depending on the trading assets and account type. In addition to FX currency pairs, the broker offers variable spreads on various other asset types.
In all tradable items, the financial service provider provides good leverage.
Forex: 1:500
Commodities: 1:125
Cryptocurrencies: 1:2
Indices: 1: 125
Stocks: 1:50
Metals: 1:125
Payment Methods: Deposits and Withdrawals?
The deposit and withdrawal of funds is a straightforward process. On the IronFX platform, there are no hidden fees for deposits or withdrawals.
All standard payment methods can be used to deposit and withdraw money. The following is a list of deposit and withdrawal methods:
- VISA
- V PAY
- Mastercard
- Maestro
- Skrill
- Neteller
- SSL
- SecureCode
Withdrawals
Clients can fund their accounts by clicking “Withdrawal” while logged in, and the process is fee-free with processing timeframes ranging from 1-3 days.
Easy Accessible Trading Platforms provided by Broker
The firm provides worldwide known and extensively utilized trading platforms to make trading easier. The following sections provide a description and features of each trading platform.
IronFX’s trading platforms are well-known and high-quality. You discover it during a thorough examination of the broker. The trading characteristics of each platform are listed below.
- WebTrader: It is a straightforward trading application. It is useful for users because they may access it from any device and at any time. All you need is a device, access to the internet, and your preferred platform. There are a few other features as well.
- MetaTrader 4: It is the popular trading platform of the decade because it is simple.
- Mobile App: The IronFX mobile trading app is one of the broker’s most important features. As a trader, you may walk from one corner to the next while bidding on your favorite item using the fantastic mobile app.
Education and Research Services
The broker’s instructional center is a one-of-a-kind facility. The following are the various sorts of learning sources and tools for technical analysis that the broker provides:
- Articles
- Trade-Ideas
- Trading course
- Webinars
- Videos
- News and updates
The broker provides traders with cutting-edge analysis and research tools to keep them updated on market developments.
- Economic Calendar
- Report Calendar
- Daily News
- Trading Signals
Customer Support Services
The broker has a dedicated customer service team available 24 hours a day, seven days a week, to respond to your questions. Aside from English, the services are available in a variety of languages. The following are the ways to get in touch with the company:
- Email: support@IronFX.com
- Live chat option
- Contact form
Conclusion
IronFX is a well-regulated company that provides top-notch service to its customers. This great broker seeks to improve the trading standards of financial market traders while keeping their profits in mind.
Many traders have been drawn to it because of its unrivaled services to other brokers, analytical tools, user-friendly trading platforms/mobile apps, diverse trading products, and responsive customer care.
