Most traders will pass verification after submitting a copy of their ID and one proof of residency document. IronFX might ask for additional information on a case-by-case basis. Traders have eight account options at IronFX, where the minimum deposit is $0 for most. Please note that Comparebrokers.co may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site.

Commission and Spread Fees

Processing times depend on the geographic location and the payment processors, which IronFX lists as between one and ten business days. There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee. IronFX is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC). When selecting a broker such as IronFX, one of the most critical factors to consider is the broker’s regulatory body and regulatory status.

What funding methods do IronFX accept?

Our vision is to provide a safe, accessible, and user friendly environemnt for all tiers of traders around the world. We wish you all the best in your trading journey with IronFX We hope you continue to enjoy our services at IronFXIronFX Solid Trading. I like the wide range of financial instruments provided by this broker and also how Customer – centric it is. It also lets its traders improve on their trading knowledge for free with its educational resources.

What trading platforms does IronFX offer?

1. Those tournaments they regularly hold can be considered as a good opportunity to realize whether you are good enough to compete with top traders, or there’s still space for improvement.
2. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
3. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.
4. MT4 on IronFX offers traders comprehensive features and tools to enhance their trading performance.

I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and ironFX won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit.

Founded in 2010, IronFX maintains regulatory oversight from CySEC, ASIC, the FCA, and the FSCA, an impressive list of highly regarded regulators. Trading is offered on multiple assets, including commodities, indices, metals, futures, shares, and over 80 Forex pairs, a larger range than is typically seen at other brokers. ironfx review Traders enjoy protection against broker defaults of up to GBP 50,000 via the Financial Services Compensation Scheme (FSCS), and provides extra insurance for UK clients of balances up to GBP 1,000,000. The accounts of EU traders are protected up to EUR 20,000 via the Investor Compensation Fund (ICF) of Cyprus.

It provides two demo accounts, Demo Floating Spread and Demo STP/ECN Absolute Zero. The first one is entirely customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage. This broker doesn’t list any expiration time, which is excellent as all demo traders require unlimited access. By opting for IronFX, you gain a partner revered for its commitment to excellence, innovation, and client-centered service. Embark on your trading journey with IronFX, the celebrated Global Leader in Online Trading.

Hello friends, I deposit my account with 1050 dollars and brought it to 3961 dollars. After I registered the withdrawal request, the broker initially rejected my withdrawal request and then… https://forexhero.info/ Those tournaments they regularly hold can be considered as a good opportunity to realize whether you are good enough to compete with top traders, or there’s still space for improvement.

However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, “Let’s Talk Forex,” alongside her colleague, Chris, and has produced over 100 Forex educational videos for the FXScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers. IronFX offers accounts denominated in GBP, which means that UK residents will not have to pay currency conversion fees. On the whole, the ongoing trading costs are higher than average across all seven accounts, with most accounts requiring a minimum initial deposit of at least 500 USD.

She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders. Additionally, it should be noted that the average trading costs at most other brokers tend to be 9 USD or lower. Trading costs on all account options at IronFX are significantly higher than this average – at between 11 and 22 USD per lot traded. Official website has an easy-to-read format with links to all the basic areas you might find useful or have questions about.