IronFX

Written by How we review

IronFX is a forex and CFD broker offering broad market access via popular trading platforms, alongside multiple account types, research, and education. Its offering centers on straightforward platform tools and multilingual support.
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Key facts

7.7/10
Our rating
#112
Trust rank
2010
Founded
3
Licences
239
Countries accepted
HeadquartersCyprus
Broker typeMarket Maker, STP
RegulationCySEC; FCA; FSCA
PlatformsMT4, MT5
InstrumentsCommodities, Forex, Indices, Metals
Fee levelMedium

Updated

Pros

  • • MT4 platform with full EA support
  • • Multiple account types incl. Zero Spread/ECN
  • • Tight spreads and low-latency execution
  • • Wide FX and CFD instrument range
  • • VPS for automated trading

    • Cons

  • • Offshore entities with weaker investor protection
  • • Market-maker execution; potential conflict of interest
  • • Higher spreads/fees on some account types
  • • Inactivity and withdrawal fees
  • • Negative balance protection not consistent across entities

    • Key Features

  • • CySEC Regulated Entity with Segregated Client Funds
  • • Investor Compensation Fund Coverage up to 20000 EUR
  • • Negative Balance Protection for Retail Clients
  • • MetaTrader 4 Platform Desktop Web Mobile
  • • Multi Asset CFD Offering Forex Metals Indices Commodities Shares
  • • Fixed and Floating Spread Accounts Including Zero Spread Options

    • Similar Brokers

    Where This Broker Ranks

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    You can trade currency pairs, metals, energy and soft commodities, stock indices, and some shares, usually as contracts for difference. You do not own the assets. You can buy or sell. Costs can include spread, any commission, and overnight financing. Market hours and contract specs differ by product. News, gaps, and thin liquidity can affect price and fills. Slippage can occur. Check each instrument's details and the legal documents on the broker's site before you place orders.

    IronFX offers desktop, web, and mobile platforms. You get live quotes, charts, and common order types. Many tools are available, such as indicators, drawing tools, alerts, and basic automation if supported. Some accounts allow algorithmic trading and VPS use. Features and data refresh depend on your setup and region. Test your plan on a demo first. Outages, slippage, and latency can happen, especially in fast markets, so set clear risk controls and order settings.

    IronFX lists several account types. They can differ by pricing, execution, and features. You may choose spread‐only or commission pricing, and floating or fixed spreads where offered. Minimum funding, base currencies, and margin rules vary by account and entity. A swap‐free option may be available to eligible clients under set terms. Read the account comparison, execution policy, and fee schedule. Note costs such as spreads, commissions, financing, inactivity, and currency conversion. Pick settings that fit your plan and your region's rules.

    You can deposit by bank transfer, bank card, or supported e‐wallets, depending on your location. You must complete identity and address checks before you withdraw. Processing times depend on method, banking partners, and internal review. Fees and currency conversion may apply. Where possible, withdrawals return to the original funding source. Third‐party payments are usually not accepted. Keep your account name and payment method the same to avoid delays. See the funding page and terms for steps and any limits.

    IronFX uses several legal entities. Terms and protections depend on the one that onboards you. Before you apply, find the entity name and license status in the legal docs. Then confirm those details on the public register of the stated regulator. Make sure the domain, company name, and contacts match the record. Product access, leverage, and complaint routes can differ by region. If anything is unclear, contact support and get independent confirmation.

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