IronFX Forex Broker

Company IronFX Financial Services
Founded in 1972
Online since 2010
Offices in Cyprus, United Kingdom
Payment options Credit Cards, Debit Cards, Moneybookers, Neteller, WebMoney, Wire Transfer
Demo Platforms Meta Trader 4, MT4 Web Trader (XOGEE), MT4 Mobile (XOGEE)
Account currencies Euro, Great Britain Pound, Japanese Yen, Swiss Franc, United States Dollar
Currency pairs AUD/CAD  AUD/CHF  AUD/DKK

AUD/JPY  AUD/NZD  AUD/PLN

AUD/SGD  AUD/USD  CAD/CHF

CAD/JPY  CHF/PLN  CHF/SGD

EUR/AUD  EUR/CAD  EUR/CHF

EUR/CZK  EUR/DKK  EUR/GBP

EUR/HKD  EUR/HUF  EUR/JPY

EUR/LVL  EUR/MXN  EUR/NOK

EUR/NZD  EUR/PLN  EUR/RUB

EUR/SEK  EUR/SGD  EUR/TRY

EUR/USD  EUR/ZAR  GBP/AUD

GBP/CAD  GBP/CHF  GBP/DKK

GBP/JPY  GBP/NOK  GBP/NZD

GBP/PLN  GBP/SEK  GBP/SGD

GBP/TRY  GBP/USD  GBP/ZAR

NOK/SEK  NZD/CAD  NZD/CHF

NZD/JPY  NZD/SGD  NZD/USD

PLN/JPY  SGD/JPY  USD/CAD

USD/CHF  USD/CZK  USD/DKK

USD/HKD  USD/HRK  USD/HUF

USD/JPY  USD/LTL  USD/LVL

USD/MXN  USD/NOK  USD/PLN

USD/RUB  USD/SEK  USD/SGD

USD/TRY  USD/ZAR

Regulated by CNMV (Spain), CySEC, FSA
US Traders welcome? No
Bonus? (detailed)
Website available in (languages) Arabic, Bulgarian, Chinese, English, French, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Romanian, Russian, Spanish, Tagalog, Vietnamese
Support available in Arabic, Bulgarian, Chinese, English, French, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Romanian, Russian, Spanish, Tagalog, Vietnamese
Support methods Callback, Email, Live chat, Office, Phone,

Skype, Web form

Account Types (micro standard executive islamic) Standard, Premium, Standard Affiliate, Premium Affiliate, STP/ECN
Or others.
Minimum account size $1
Minimum position size 0.01 Lot
Spread type Variable
Typical spread on EUR/USD, pips 1.1
Minimum spread on EUR/USD, pips 1.1
Scalping Allowed
Expert advisors Allowed
Trading instruments (GOLD; CFD, etc. and the leverage) Forex- 1:500, Gold & Silver – 1:500, CFD – 1:500, Oil – 1:500, Stocks – 1:500, Indexes – 1:500, Soft Commodities – 1:500, Metals – 1: 500, Energies – 1:500
Trading platforms Meta Trader 4, MT4 Web Trader (XOGEE), MT4 Mobile (XOGEE)
Digits after the dot in quotes 5
Margin call level 40%
Stop-out level 20%
Number of currency pairs 65
Personal manager Yes
Segregated accounts Yes
Managed accounts Yes
Affiliate program Yes
Islamic accounts available Yes
·         Hedging Yes
Overnight interest rates (swaps) Yes
Trailing stop Yes
Pending orders Yes
One-click trading Yes
Mobile trading Yes
Browser-based platform Yes
Automated trading Yes

iron-fx-profileIronFX Financial Services Limited is a very old player of the forex market as it was established way back in the year 1972. However, tey started their internet based online trading service only in the year 2010 and have their offices in Cyprus and United Kingdom. The company is regulated by CNMV is Spain, CySEC in Cyprus and FSA in United Kingdom. They offer many features like personal manager, managed accounts and segregated accounts to their clients. They also offer Islamic accounts to their Muslim clients who follow Islamic laws on trading. The various payment options offered by the company is credit cards, debit cards, MoneyBookers, Neteller, WebMoney and Wire Transfers. In your account you can have Euro, Great Britain Pound, Japanese Yen, Swiss Franc and United States Dollar as the currencies. Their website and customer support service is multilingual and is available in 17 languages. The customer support service is excellent and can be availed via Callback, Email, Live Chat, Office, Phone, Skype and Web form.

The demo account is available to the customer for free and has Meta Trader 4, MT4 Web Trader and MT4 Mobile as the trading platform. The same set of trading platform is offered to the client once they decide to start the real trading. They have different types of accounts for the traders like, Standard, Premium, Standard Affiliate, Premium Affiliate and STP/ECN and hence the traders have the liberty to choose the one which suits their trading needs the best. Scalping and hedging is allowed to the customers. They also allow the use of Expert Advisor while trading. The minimum deposit required to open an account with them is $1 and the minimum position size is 0.01 lots. They have 65 currency pairs in which the traders can trade and include all the major pairs.

The reviews have become the best medium of knowing about a company and its services. The reviews for IronFX Forex broker seem to be mixed and the most talked about feature is their trading platform which also has the web and mobile versions of the Meta Trader 4. The platform is very easy to understand and that its features help in fast execution of trade. Many of them like that they provide 65 currency pairs to trade in. Many traders who are travelling most of the time like their MT4 Mobile trading platform. Their customer support service is of world class and is available in 17 languages. There are many methods to reach the customer service staffs which includes even Skype. It is highly regulated and is liked by many clients. The minimum deposit required to open an account with them is just $1 and is liked by many small scale traders. They allow trading in Gold & Silver, CFD, Oil, Stocks, Indexes, soft commodities, metals and energies all at a leverage of 1:500 and is liked by most of their traders. The average rating given to the company by its users, however, is only 4.4 out of 10.

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