Read our brief overview of international forex broker, IronFX before you trade.
Founded in 2010, IronFX is an established online Forex and CFD brokerage, serving clients from more than 180 countries worldwide. It offers trading on over 500 tradable instruments across six asset classes, available on a single platform. The broker presents a number of regular trading contests and promotions, with live and demo trading competitions featuring unique rewards and cash prizes.
However, IronFX has been the subject of investigation in the past, with the CySEC regulator reaching a settlement of €335,000 in November 2015, following alleged infringements of the legislative framework under which Cyprus’ investment firms (CIF) operate. At the time, the settlement amount represented the second highest figure ever agreed between CySEC and an existing CIF, highlighting the potential historic issues associated with the broker.
Company Name | IronFX |
Established | 2010 |
Headquarters | Limassol, Cyprus |
Regulation | FCA (United Kingdom), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) |
Trading Platforms | WebTrader, Mobile App, MetaTrader 4 (MT4), Personal Multi Account Manager (PMAM) |
Account Types | Standard, Premium, VIP, Zero Fixed |
Account Currency | USD, EUR, GBP and more |
Tradable Instruments | Forex, Metals, Indices, Commodities, Futures, Shares |
Minimum Deposit | $100 |
Customer Support | 24/5 (Email, Phone, Live Chat) |
Additional Features
Feature | Availability |
Regulated Broker | ✅ |
Trading Contests | ❌ |
Mobile Trading | ✅ |
Educational Resources | ✅ |
Web-Based Platform | ✅ |
Research Tools | ✅ |
MetaTrader 4 (MT4) | ✅ |
Accept US Clients | ❌ |
Accept EU Clients | ✅ |
Swap-Free / Islamic Accounts | ✅ |
Copy Trading | ✅ |
Demo Accounts | ✅ |
Negative Balance Protection | ✅ |
Segregated Accounts | ✅ |
Virtual Private Servers (VPS) | ✅ |
24/5 Support | ✅ |
Inactivity Fees | ❌ |
Promotions | ✅ |
Hedging Allowed | ✅ |
