IronFX Review

  • Web trader, Metatrader4 and Mobile Apps
  • Cyprus Investor Compensation Feature Enables Safety of Client Deposits
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Founded: 2016
Languages: All Languages
Welcome Bonus:
Supported Apps:


Founded in 2016, IronFX is a fairly new CFD and Forex broker with the objective of enabling people from around the world to benefit from their financial services. Headquartered in Bulgaria, the firm provides traders with numerous instruments and tools for trading.

On, you can trade in precious metals, CFD, Forex, commodities, indices, and stocks on multiple platforms like MetaTrader4 and web-trader, across all the platforms- desktop and mobile. The broker does not fall under any regulation, but that doesn’t take away from their novel approach towards trading.



Trading at IronFX has many advantages to it like reliability, funds’ safety, great customer support, a demo account, and efficient trading platforms. Its client base has been built up over a period of 10 years with the help of dependable Data Centers and secure platforms for trading.

IronFX has an experienced staff that proactively seek to solve your queries with consistentproficiency.They also ensure that any conflict of interest is absent, and the prices are not manipulated in order to maintain steady parameters for trading.

IronFX also guarantees the transparency of the data that affects you. It promises to show you all the data and facts (and tools) that are relevant and vital for trading. They also provide market analysis, technical reports, and education tools to enable traders to make informed trading decisions.

The brokerage firm prioritizes the security of its trading platform, and thus takes stringent measures to make sure your funds are not tampered with. Your data with the firm is protected by SSL (Secure Socket Layer) encryption in order to avoid any leakage of information between the servers. At the data centers, firewalls are put in place to prevent attacks on your data from external parties.

Their Demo account has all the features a newcomer could possibly need. It allows you to flex your trading muscles by trying on new strategies before you actually start trading in the real market. They also provide educational content that explains succinctly how the world of trading works. Last but not the least, IronFX has dependable trading platforms that can be accessed in several forms of devices.



In terms of platforms, the company offers its clients the liberty to choose from the industry standard MetaTrader4 (or MT4) platform and Web-trader platform. MT4 is the reputed and popular analysis and charting platform that most of the industry employs.

MT4 is the preferred platform for multitudes of reasons, not the least of which is the fact that it has been a reliable application for the entire industry. With IronFX MT4, you get access to robust trading tools as well as advantages that aid them while trading.

Additionally, the platform supports the essential charting tools and indicators for CFD and Forex trading, the freedom to open greater than one account, simple order entries, and a demo that allows you to see their services for yourself before you take the plunge. Perhaps, the only downside to the platform is that you have to install it on your system.

With Web-trader, however, you do not need any superfluous downloads. The platform has applications far and across the trading industry. It includes social trading, inbuilt charting tools and advanced indicators, a visually pleasing User interface, a much quicker process of trading, and expedient open positions. Web-trader is mobile-friendly and supports the IronFX demo.


Cfd Trade

The Contract for Difference, better known as CFD, refers to trading on the difference between the sell and the buy price of a particular asset. IronFX allows traders to trade on several assets including commodities, Forex, bonds, and interest rates.

Trading on CFDs occurs without any commissions or fees. This, along with fast order execution, makes the platform much more viable for all types of traders.


Forex Trade

The brokerage firm provides Forex trading of all the major currency pairs including GBP/USD, USD/JPY, and EUR/USD. The leverage for trading in these currencies can reach up to 1:400. Traders are provided an option to pick either fixed or variable spreads. No commission or extraneous fee is charged when trading on IronFX.


Crypto Trade

IronFX offers traders an opportunity totrade in crypto-currencies such as Bitcoin. BTC/USD trade is a popular one on the IronFX’s platform.


Social Trade

With Web-trader platform that comes with IronFX, traders are empowered by the reach of social trading. It is embedded into the platform, itself and helps a trader analyze a market better. You can view trading details of other traders, and even follow them. It helps a trader when he/she is able to see what positions other traders are dealing with, and subsequently, learn from them.



Account type

Maximum leverage

Minimum trade size

Minimum deposit

Spreads (& commission)





3 pips(fixed)





1 pips (Floating)




$50 000






2 pips (floating) + from $20/lot



While it may not seem much from the outset, a good customer support system can make or break a brokerage firm especially one that is online-based. IronFX provides an excellent customer support, which is available 24 hours a day, five days a week.

Traders can contact support to relay their queries via phone numbers available in Bulgaria, the UK, and Germany or drop their support team a mail on their email address. You may also fill up a contact form, and communicate directly on their website through the chat service.

Moreover, you can follow the brokerage company on various social media avenues like LinkedIn, Google Plus, YouTube, Twitter, and Facebook. They also provide educational materials such as economic calendar, Ebooks, video tutorials, and articles about trading Forex & CFD and strategies.



The IronFX provides a complete package for a newcomer in the trading arena. It provides dependable services and promises transparency with the data ensuring an easier life for the traders. It also commits to the safety of traders’ funds while providing a multi-lingual customer support.

The company also offers the choice of two distinctly great platforms for traders of all kinds and, to top it all, has a demo account that gives you the complete feature set before you hit the actual market. If you are someone who is looking for a sensible broker with great platforms, support, and security, IronFX might just be it.


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