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IronFX Broker Review

FX Author By Jeffrey Cammack Author Information Updated: July 4, 2020
Overall Rating
4.29 4.29 / 5
Min. DepositUSD 100
Max. Leverage500:1
Min. Spread0.0 pips
Regulators CySEC,FCA,ASIC,FSCA
Regulator Origin CySEC FCA ASIC FSCA
Trading Desk Type

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

Regulation 11111
Trading Conditions 11110.5
Trading Platforms 11110
Deposit & Withdrawal 11110.5
Education & Research 1110.50
Assets Available 11110.5
Customer Service 1110.50
Beginner Friendly Standard
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 100
Base currenciesUSD, EUR, GBP, AUD, JPY, BTC, PLN, CZK
Number of FX Pairs85
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD0.2
GBP / USD0.4
USD / JPY0.2

Company Details

Company nameNotesco UK Limited
Founded2010
Website www.ironfx.com/en
Type Market Maker, ECN/DMA
Regulators CySEC,FCA,ASIC,FSCA
Office locations Cyprus, United Kingdom, South Africa, Australia

Deposit & Withdrawal Methods

Supported Platforms for IronFX

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

Compare CFD Brokers

Overall Rating 11110.5 4.29 / 5 11110.5 4.18 / 5 1110.50 3.33 / 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
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, Equities, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities
Forex Pairs8550+47
Crypto Pairs51816
Pros
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Good for beginners
  • Well regulated
  • Low minimum deposit
  • Well regulated
  • Good for beginners
  • Innovative trading tools
Cons
  • Expensive withdrawals
  • Dealing desk
  • Limited education
  • Limited education
  • Wide spreads
Read Full Review Read Full Review
Regulation 11111 5 / 5 11110 4 / 5 11111 5 / 5
Trading Conditions 11110.5 4.5 / 5 11111 5 / 5 11000 2 / 5
Trading Platforms 11110 4 / 5 11110.5 4.5 / 5 11110 4 / 5
Deposit & Withdrawal 11110.5 4.5 / 5 11110.5 4.5 / 5 11000 2 / 5
Education & Research 1110.50 3.5 / 5 11000 2 / 5 10.5000 1.5 / 5
Assets Available 11110.5 4.5 / 5 11110.5 4.5 / 5 11110 4 / 5
Customer Service 1110.50 3.5 / 5 11110 4 / 5 11110 4 / 5
% Lose with this broker 75.35% of retail investor accounts lose money when trading CFDs with this provider 79% 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
Leverage500:1400:1400:1
Spread0.0 pips0.9 pips2.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • STP/ECN Zero Spread (Professional)
  • Retail (Standard)
  • Standard (Standard)
Islamic Account Yes Yes Yes
Trading Platforms MT4 MT4 , MT5 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 Zero Accounts Fees Included in Spread Fees Included in Spread
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Overall Rating 11110.5 4.29 / 5 11110.5 4.18 / 5 1110.50 3.33 / 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
Trading Desk Type
Trading InstrumentsCommodities, Cryptocurrencies, Forex, Indicies, Equities, FuturesCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Equities
Forex Pairs8550+47
Crypto Pairs51816
Pros
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Good for beginners
  • Well regulated
  • Low minimum deposit
  • Well regulated
  • Good for beginners
  • Innovative trading tools
Cons
  • Expensive withdrawals
  • Dealing desk
  • Limited education
  • Limited education
  • Wide spreads
Read Full Review Read Full Review
Regulation 11111 5 / 5 11110 4 / 5 11111 5 / 5
Trading Conditions 11110.5 4.5 / 5 11111 5 / 5 11000 2 / 5
Trading Platforms 11110 4 / 5 11110.5 4.5 / 5 11110 4 / 5
Deposit & Withdrawal 11110.5 4.5 / 5 11110.5 4.5 / 5 11000 2 / 5
Education & Research 1110.50 3.5 / 5 11000 2 / 5 10.5000 1.5 / 5
Assets Available 11110.5 4.5 / 5 11110.5 4.5 / 5 11110 4 / 5
Customer Service 1110.50 3.5 / 5 11110 4 / 5 11110 4 / 5
% Lose with this broker 75.35% of retail investor accounts lose money when trading CFDs with this provider 79% 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
Leverage500:1400:1400:1
Spread0.0 pips0.9 pips2.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • STP/ECN Zero Spread (Professional)
  • Retail (Standard)
  • Standard (Standard)
Islamic Account Yes Yes Yes
Trading Platforms MT4 MT4 , MT5 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 Zero Accounts Fees Included in Spread Fees Included in Spread

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

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