You get not just the widest array of trading accounts, but also the assets selection is plenty. And the extra stuff, like VPS or copy trading makes this broker even better. Want to share some thoughts of their privileged services which are for those who enter the market with way bigger sums than minimum deposit. I had no idea that the company could potentially possesses such an amount of resources to create an autonomous functionality for traders with huge deposits.
- However it’s important to note that this review focuses specifically on IronFX offered by Notesco Limited and registered in Bermuda.
- I have a lot to say about this company even though we’ve been cooperating for a couple of weeks.
- All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations.
- Trading online with IronFX requires an understanding of what you are doing.
Live Floating/Live Fixed is divided into 4 accounts, including Micro, Premium, VIP, and Zero Fixed. Meanwhile, STP/ECN is divided into 3 accounts, including STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero. Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds.
How do I withdraw money from IronFX?
I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow. Believe me or not, but right on this platform I learnt all trading fundamentals. Surely, I can’t judge, the broker, as I’m lacking skills, but I guess it’s better to add some more options for funds withdrawal. I haven’t done it yet, but I;m about to withdraw my very first profits. Chose Ironfx broker only because of their appealing conditions on acquiring a vps server.
According to my observations the broker has a positive reputation in the community. People eagerly share their feedback about trading here, so I also cherish the abundance of different services. I wanna dive deep into algo trading so I’m thinking of connecting vps server. The requirements are mild, fullfilling them and you are on a roll.in many regards the broker is very good. Stocks, currency and other commodities and instruments will be brought or sold by IronFX even if no buyer or seller is lined up.
What can you trade?
🙌🥳 A diverse range of assets would indeed be a nice addition for more trading opportunities. It is important to note that our company maintains a strict stance against such conduct. 😉🔥 While no one may be perfect, IronFX is committed to continuous improvement and has made significant strides toward excellence. We appreciate your insights and look forward to reaching new heights together! Plenty of financial markets, but for some reason they didn’t include cryptocurencies.
However, please note the subsequent information in this review pertains to the entity Notesco Limited registered in Bermuda with registration number 51491. Quick and effective support is indeed crucial in the trading world. It’s great that IronFX provides such a valuable service, making you feel well-supported on your trading journey. IronFX accepts traders resident in most countries except the USA, Iran, Cuba, Sudan, Syria, and North Korea.
IronFX Platforms Summary
They can enjoy the benefits of forex trading through the industry-leading MT4 online trading platform. MetaTrader 4 is supported in Windows, Mac OS, Linux, iPhone/iPad, Android, and any internet browsers. IronFX has been facilitating trade on the financial markets for over 13 years. IronFX offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to IronFX are held in segregated bank accounts for security. IronFX is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) so can be considered legit.
Opening an Account
IronFX provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. X (formerly Twitter) and Meta portals are active and populated. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices.
Broker provides its customers with standard contact options on its website that can be used to make general enquiries and get support on technical issues. These include telephone, live chat and an email contact form with staff available on a 24/5 basis during the trading week. Over the weekend, you can leave a message for when support resumes, as shown below. Most notably, the broker offers its own version of the popular, straightforward and sophisticated MT4 platform.
If your broker lacks regulation, and you are scammed in any way, you often have no recourse for recovering your funds. That being said, not all regulator licenses carry the same weight. Check out our visual breakdown below to get an idea of how IronFX’s status as a Trusted broker compares to the average Trust Score label in our database of 60+ forex brokers. According to the terms of the withdrawal, you can receive only the deposited amount via the payment method. The profits would be credited directly to your bank account.
IronFX Instruments Summary
There are a lot of market updates and insight I get from services such as the webinars, financial news, economic calendars, etc.Support on the website could be more prompt though. TradingBrokers.com is for informational purposes only and not intended ironfx review for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. TradingBrokers.com aim to provide unbiased broker reviews.
In other words, IronFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the IronFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account.