Home / Best Forex Brokers in Malaysia / IronFX Broker Review

IronFX Broker Review

FX Scouts By Jeffrey Cammack Updated: February 9, 2020
Overall Rating
4.34 / 5
Min. DepositUSD 100
Max. Leverage30:1
Min. Spread1.0 pips
RegulatorsCySEC,FCA,ASIC,FSCA
Regulator Origin CySEC FCA ASIC FSCA
Broker TypeMarket Maker & ECN

Summary

With a huge range of account types, a good micro account and leverage up to 1:1000, IronFX has something for everyone. A globally-recognised Forex broker with award-winning education and market analysis, IronFX has recently introduced market execution accounts with ultra-low spreads.

For beginners who want to learn to trade on either the MT4 or MT5 platform, and experienced traders looking for strong international regulation, IronFX is an excellent choice in a broker.

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Standard
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 100
Base currenciesUSD, EUR, GBP, AUD
Number of FX Pairs85
Hedging Allowed Yes
Scalping Yes
Swap-Free Accounts Yes

Average Spreads

EUR / USD1.2
GBP / USD1.3
USD / JPY0.9

Company Details

Company nameNotesco UK Limited
Founded2010
Website Visit Website
TypeMarket Maker & ECN
RegulatorsCySEC,FCA,ASIC,FSCA
Office locations Cyprus, UK, South Africa, Australia

Deposit & Withdrawal Methods

Supported Platforms for IronFX

Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 4.34 / 5 4.09 / 5 3.78 / 5
Minimum DepositUSD 100USD 100USD 200
Regulation
CySEC CySEC
FCA FCA
ASIC ASIC
FSCA FSCA
ASIC ASIC
FSCA FSCA
B.V.I FSC B.V.I FSC
FSA FSA
CySEC CySEC
FCA FCA
ASIC ASIC
Broker TypeMarket Maker & ECNMarket MakerMarket Maker
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, Equities, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities
Forex Pairs8550+47
Crypto Pairs51816
Read Full Review Read Full Review
Trust Rating 5 / 5 4 / 5 5 / 5
Trading Conditions 4.5 / 5 4.5 / 5 3 / 5
Trading Platforms 4 / 5 4 / 5 4 / 5
Deposit & Withdrawal 4.5 / 5 4.5 / 5 3 / 5
Education & Research 4 / 5 3 / 5 3 / 5
Assets Available 4.5 / 5 4.5 / 5 4 / 5
Customer Service 3.5 / 5 4 / 5 4 / 5
% Lose with this broker 75.35% of retail investor accounts lose money when trading CFDs with this provider 71% of retail investor accounts lose money when trading CFDs with this provider 62% of retail investor accounts lose money when trading CFDs with this provider
Leverage30:1400:1400:1
Spread1.0 pips0.9 pips2.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • Live Fixed Spread (Standard)
  • Live Floating Spread (Standard)
  • Live Zero Spread (Professional)
  • STP/ECN No Commission (Professional)
  • STP/ECN Zero Spread (Professional)
  • Islamic
  • Professional (Standard)
  • Retail (Standard)
  • Professional (Standard)
  • Standard (Standard)
Swap Free Yes Yes Yes
Trading Platforms MT4 MT4 etoro
Funding Methods Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Unionpay, Fasapay POLi, Visa, Mastercard, Skrill, Neteller, Paypal, Bank Transfer Visa, Mastercard, Neteller, Unionpay, Skrill, Paypal
Trading Commission Yes None None
Clear all brokers

IronFX

Visit Website

AvaTrade

Visit Website

eToro

Visit Website
Overall Rating 4.34 / 5 4.09 / 5 3.78 / 5
Minimum DepositUSD 100USD 100USD 200
Regulation
CySEC CySEC
FCA FCA
ASIC ASIC
FSCA FSCA
ASIC ASIC
FSCA FSCA
B.V.I FSC B.V.I FSC
FSA FSA
CySEC CySEC
FCA FCA
ASIC ASIC
Broker TypeMarket Maker & ECNMarket MakerMarket Maker
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, Equities, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities
Forex Pairs8550+47
Crypto Pairs51816
Read Full Review Read Full Review
Trust Rating 5 / 5 4 / 5 5 / 5
Trading Conditions 4.5 / 5 4.5 / 5 3 / 5
Trading Platforms 4 / 5 4 / 5 4 / 5
Deposit & Withdrawal 4.5 / 5 4.5 / 5 3 / 5
Education & Research 4 / 5 3 / 5 3 / 5
Assets Available 4.5 / 5 4.5 / 5 4 / 5
Customer Service 3.5 / 5 4 / 5 4 / 5
% Lose with this broker 75.35% of retail investor accounts lose money when trading CFDs with this provider 71% of retail investor accounts lose money when trading CFDs with this provider 62% of retail investor accounts lose money when trading CFDs with this provider
Leverage30:1400:1400:1
Spread1.0 pips0.9 pips2.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • Live Fixed Spread (Standard)
  • Live Floating Spread (Standard)
  • Live Zero Spread (Professional)
  • STP/ECN No Commission (Professional)
  • STP/ECN Zero Spread (Professional)
  • Islamic
  • Professional (Standard)
  • Retail (Standard)
  • Professional (Standard)
  • Standard (Standard)
Swap Free Yes Yes Yes
Trading Platforms MT4 MT4 etoro
Funding Methods Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Unionpay, Fasapay POLi, Visa, Mastercard, Skrill, Neteller, Paypal, Bank Transfer Visa, Mastercard, Neteller, Unionpay, Skrill, Paypal
Trading Commission Yes None None

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Sign Up

Most retail CFD accounts lose money. Your capital is at risk.

>