IronFX review conducted by the team of Fxstay.com forex trading experts for those who want to know all about the IronFX global limited. In this Iron FX review you will know about how to sign up for a free IronFX demo account or how to register for a IronFX MT4 download, You will also know how to do IronFX Login and is IronFX Scam or no? Read this Iron Forex review to the end before invest with IronFX UK forex broker.
IronFX.com is a broker providing access for speculators to the retail foreign exchange market. Founded in 2010 the company is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Australian Securities and Investments Commission (ASIC) in Australia and the Financial Services Board (FSB) in South Africa.
IronFX global limited 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. In early 2014, IronFX opened an office in London and was soon granted with the variation of permission license and extended the scope of the existing license in order to upgrade the services provided to the traders under the FCA authorization.
IronFx Trading Platforms
Iron FX provides numerous individual trading platforms. IronFX has provided their clients with several versions of the industry proven MetaTrader 4 (MT4) trading platforms.
IronFX MT4 Platform
Traders using IronFX forex broker can also use the MT4 trading platform, which is the most widely used in the world and offers traders a variety of valuable tools and features to facilitate researching, formulating, placing and tracking trades in a variety of international financial marketplaces. The MetaTrader 4 platform is included by most brokers in addition to their own proprietary platforms (and others) for the convenience of clients who want to use different platforms separately or in conjunction with one another.
The IronFX Apps and trading markets are accessible using a variety of the most popularly used electronic handheld devices that include iPhones, Blackberry and Androids. The IronFX Apps is free for both Android and IOS, You can download The IronFX App for Android from Google Play and download The IronFX App for iPhone from Apple app store.
IronFX Account Types
Knowing that different dealers have different requirements, IronFX provides its traders an extensive variety of trading accounts to select from:
- Micro Accounts – This type of account Intended for traders who have below $2,500.
- Business Trading Accounts – This account types Businesses convoluted in the marketplaces can choose from a Trust Account, a Corporate Account or Institutional Account.
- Premium Trading Accounts – This type of account Provide dealers who deposit above $2,500 with admittance to extra features, lower spreads and dedicated account managers.
- Cash Rebate Accounts – This type of account Permit traders to receive cash rebates on their trades.
IronFX Demo Account
When clients open an online trading account, they are able to use an unlimited free The IronFX Forex demo account that comes loaded with $100,000 of virtual money for traders to use for practicing currency trading before actually risking real money in a real world trading market.
To open a demo trading account with IronFX you just need to visit the broker’s website and sign up free then you will receive free instructions by email.
IronFX Managed Account
Traders who are unfamiliar with markets or assets traded may want to open Forex Managed Accounts account that takes the pressure off investors for day to day account and trading activity maintenance and places it on experienced account managers who trade a variety of financial assets daily on behalf of clients of the broker. These professionals usually have college degrees in finance, marketing or other related disciplines and offer a wealth of experience and knowledge of assets and the global markets in which they are traded.
IronFX PAMM Account
The Iron FX PAMM accounts allows professional Account managers to oversee and conduct trading on behalf of multiple clients using the PAMM model of account management. The IronFX PAMM Accounts provide an automated trading interface that allows account managers to focus on successful trades rather than account administration.
The Iron Forex PAMM Accounts involve trades placed by Account Managers across all the accounts managed and fees are automatically applied according to fee schedules that are predetermined by the PAMM Account Manager.
Clients who open Iron FX PAMM Accounts can login to trading accounts and access the latest information at any time and these automated PAMM accounts are so efficient that minimal involvement is required of the Account Manager.
IronFX Minimum Deposit
The IronFX minimum deposit starts from $100.
IronFX Spreads and Commission
Like most online brokers, the IronFX broker does not charge commissions for trades, hidden fees or other charges. The broker makes money by charging traders a slight forex spread that is included on all trading activities based on real time market values transacted by the client through the broker. Spreads start as low as 1 pips (points in percentage) for forex trades (depending on currency traded).
Traders should be aware that trading during volatile times created by adverse global events or financial news is much more risky and broker spreads tend to be wider.
The Iron FX leverage starts from 1:1 up to maximum 1:200, However the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.
IronFX Margin Requirements
Iron FX margin requirements is fixed, The amount of margin that you are required with IronFX to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.
At the current moment the IronFX broker does not offer incentives to traders in the form of promotional opportunities.
IronFX Deposit and Withdrawal
Clients using Iron FX trading accounts can deposit funds using a variety of methods that include credit cards, checks, bank wire transfers and PayPal. Trading account withdrawals can be conducted using the same methods and require proper identification of account holders in accordance with strict international financial guidelines designed to prevent financial crimes like identity theft and money laundering.
IronFX Deposit Fees
The Iron FX Deposit fee is Zero, It means you will not pay any money as IronFX deposit fees.
Iron FX Deposit Time
The IronFX Deposit time is between 1 through 3 business day and it depends to the methods you deposit your IronFX account.
IronFX Withdrawal Methods
IronFX withdrawal methods is various, Clients can using a variety of methods that include credit cards, checks, bank wire transfers and PayPal. Trading account withdrawals require proper identification of account holders in accordance with strict international financial guidelines designed to prevent financial crimes like identity theft and money laundering.
IronFX Withdrawal Fees
The Iron FX Withdrawal fees starts from Zero up to $20, The IronFX withdrawal fees depends to which country and methods you want to receive funds.
IronFX Withdrawal Time
The Iron FX Withdrawal time is between 3 through 5 business day and it depends to the methods you Withdrawal from your Iron FX account.
IronFX Withdrawal Problem
If you have any Iron FX Withdrawal Problem then you can contact the broker directly and if it dose not solve the problem then you can contact the regulators to solve your IronFX Withdrawal Problems, You can also submit your Iron FX withdraw problems in the comment form below of the IronFX reviews by ForexSQ.com forex trading website.
Investors who trade using the IronFX forex broker will have access to a valuable library of educational materials that includes trading tools and support materials for all levels of traders, as well as professional analyses, expert commentary and training videos on a variety of topics.
The broker’s Academy also includes interviews with top traders in various markets whose invaluable expertise, wisdom, trading methods and strategies are shared with the company clients.
For login to IronFX broker you can visit the broker website, After sign up you can check your email for free instructions and do IronFX login.
IronFX Bitcoin Trading
At IronFX.com you can buy or sell Cryptocurrencies like Bitcoin but you can not deposit or withdrawal with Cryptocurrencies like Bitcoins, So IronFX BTC chart is available for trading but you can not deposit or withdrawal with a Cryptocurrency.
IronFX Live Chat
To get a fast support you can use Iron FX Live chat, The IronFX Live Support is also available to support clients, To use IronFX customer support just visit the broker’s website.
IronFX Trading Hours
Iron FX Trading hours of operation coincide with the global financial markets. Online CFDs and Forex trading is available from Sunday 5 p.m. to Friday 5 p.m., GMT time.
IronFX Customer Support
To support their clients on a global basis, IronFX has translated their website to more than a dozen different languages. Traders at IronFX also have several methods such as email, live chat or telephone, which they can use to contact the support team.
Ironfx is regulated and licensed broker with many regulators in different countries:
- authorized and regulated by CySEC (Licence no. 125/10)
- authorized and regulated by Financial Conduct Authority (FCA no. 585561)
- authorized and regulated by Australia Securities and Investments Commission (AFSL no. 417482)
IronFX Phone Number
The IronFX Cyprus Phone number is: +357 25 027000
The IronFX UK Phone number is: +44(0) 203 282 7000
The IronFX South Africa Phone number is: +27 11 0176600
IronFX Contact Address
IronFX Cyprus Contact address is: 2, Iapetou Str., Agios Athanasios, 4101 Limassol, Cyprus
IronFX UK Contact address is: Old Broad Street Business Centre, 8th Floor, 55, Old Broad Street, London, UK, EC2M 1RX.
IronFX South Africa Contact address is: Unit 38 (5th floor) Katherine & West Building, Cnr. Katherine and West Streets, Sandton 2196, Johannesburg, South Africa.
IronFX Review Conclusion
However the Ironfx broker is regulated but invest the amount you can afford to lose it as online trading contains risk of losing your money.