IronFX: Is it dangerous to use IronFX? terrible? Reputation and word of mouth Overseas FX safety survey commentary

IronFX

IronFX is a FX company that has been operating since 2010, and what is its reputation in terms of safety? We have been operating for over 10 years, so there is no need to worry about fraud. IronFX is a broker that not only deals with foreign exchange, but also deals with commodities, spot metals, and binary options, so there are a lot of users using it.

What is IronFX? What kind of company is it?

IronFX is a global FX broker established in 2010. Because service information is provided worldwide, there are many registered users in Europe, Asia, the Middle East, Africa, and Latin America, and awareness has increased considerably. IronFX is recognized as the fastest growing FX broker and won the Best Trading Platform 2012 award in 2012. There aren’t many bad reviews. They currently have multiple Financial Services Agency licenses, so there are actually great benefits and no margin calls.

BrokerIronFX
Established2010
HeadquarterCypros
Service AreaEurope
Asia
Africa
Oceania
North America
South America
LicenseCySEC
FCA
ASIC
Address2, Iapetou Str., Agios Athanasios, 4101 Limassol, Cyprus
Tel+44(0) 203 282 7777
OwnerMarkos A. Kashiouris
Peter G. Economides
Company NameNotesco Limited
URLHome

have a license

IronFX is operated by four companies, and the operating companies differ depending on the region. However, you can rest assured that we are licensed and regulated by the UK, the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, and the South African Financial Sector Conduct Authority. Asset management is segregated, so there is no disadvantage or worry about customer funds being used for operating funds. There are only good points, so there is no problem with reliability. We also have solid support from the official website.

CompanyLicenseCountry
Notesco Financial
Services Limited
CySECCypros
Notesco
UK Limited.
FCAUnited Kingdom
Notesco
Limited
Bermuda
Notesco
Pty Limited.
Australia

What are the features, advantages and disadvantages of IronFX?

IronFX has the following features: Compared to its peers bigboss, XM, axiory, titanfx, iforex, exness, threetrader, gemforex, traderstrust, it has been in operation for a long time, so it is reliable. As a whole, it is a major company that operates in dozens of countries around the world, so you can rest assured. There are many new users who are satisfied with the service because it offers account types with high specs, a wide variety of stocks, and low fees.

6 account types

IronFX has 6 account types. There are three types each for Live account and STP/ECN. A live account is equivalent to a standard account, so it is recommended if you are unsure which account to choose. The STP/ECN account is an account type for professionals, and is characterized by very narrow spreads and very high execution power. We have a wide range of financial products in the industry, including currency pairs, precious metals, energy, stocks, stock indexes, and virtual currencies. Users can trade on weekday business days from Monday to Friday.

Live
Fluctuation
Live
Fixed
Live
Zero
STP/ECN
no comission
STP/ECN
Zero
STP/ECN
Absolute Zero
Trade StyleDDDDDDSTP/ECNSTP/ECNSTP/ECN
Max Leverage1,0001,000500500500500
Trade InstrumentForex
Metal
Energy
Commodity
Indice
Forex
Metal
Energy
Commodity
Indice
Crypto
Forex
Metal
Energy
Indice
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Indice
Crypto
CommissionFreeFree6.75$Free6.75$Free
Spread0.8pips~2.2pips~0.0pips~1.7pips~0.0pips~0.3pips~
Lots100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency
Minimum trading quantity0.010.010.010.010.010.01
Maximum trading quantityNo limitsNo limitsNo limits606060
Max PositionNo limitsNo limitsNo limitsNo limitsNo limitsNo limits
Stop Level3.5pips3.5pips5.0pips2.5pips2.5pips2.5pips
Scalping
Auto Trade
Hedge
Margin Call40%40%40%100%100%100%
Loss Cut20%20%20%50%50%50%
Zero Cut
Trade ToolMT4MT4MT4MT4MT4MT4
Base CurrencyJPY
USD
EUR
GBP
AUD
CHF
CZK
PLN
IRONX
BTC
ETH
ADA
PMA
JPY
USD
EUR
GBP
IRONX
BTC
ADA
USD
EUR
JPY
USD
EUR
BTC
JPY
USD
EUR
IRONX
JPY
USD
EUR
Min Deposit100$100$500$500$500$500$
Campaign××××

Full of campaigns

IronFX has a lot of campaigns. The following bonuses are basically held all the time. The sharing bonus is a 100% deposit bonus and has no upper limit, while the power bonus and iron bonus each have an upper limit. The bonus can be used as sufficient margin with a cushion function. However, swap points will be generated if you trade across days. Please note that the bonus will disappear if left unattended. If you are unsure, use your chosen bonus right away.

Bonus NameDetailsLimits
Shareing Bonus100% Deposit BonusNo limits
Power Bonus40% Deposit Bonus4,000$
Iron Bonus20% Deposit Bonus2,000$

Up to 1,000x leverage

IronFX’s maximum leverage is 1000x, so you can trade with small amounts. With high leverage, you can make big profits even with a small amount of money, so this broker is highly recommended for people who don’t have much money to spend. It is fixed at 500x depending on the account type. There are risks as there may be restrictions on product types and economic indicators. When losses are large, compulsory stop-loss cuts occur at 20% and 50%.

support service

IronFX also has a support center. The support center is primarily available via email or chat. It is available online and is available in various languages, so it can be used by people from most countries. We guarantee support by using English, Japanese, French, etc. depending on the situation.

Not compatible with MT5

IronFX does not support MT5, so you need to trade with MT4. However, there is not a huge difference in spec performance between MT4 and MT5, so it can be said that there is no benefit. You can use both so you can rest assured. Be careful about trading prohibited items such as arbitrage. Scalping, automated trading tools (EA), and double-denominated trading are also possible. If you have the knowledge, use it at the appropriate market price.

zero cut

IronFX uses a zero cut system. Zero cut is a system in which, in the unlikely event that the trading account balance becomes negative, the burden will not be on the trader, but the FX broker will take over the burden. This is quite helpful compared to brokers in Japan. Even if you hold an additional position, it is a great advantage because it guarantees you from the basic negative no matter what happens. However, even so, think about what to do if you receive a margin call warning.

Unpaid customer funds case

There is a reason why IronFX has “high credit risk”. This is because in 2014, Global Investment, a Chinese IronFX group company, caused a major incident in which its office was attacked by Chinese traders after unpaid customer funds amounting to approximately 3 billion yen. That has caused problems in the past. Although this is true, this only applies to China and does not occur in other regions.

Trade contests and prizes

A trade contest is being held on IronFX. If you win in the latest trade contest for a limited time, you will receive cash prizes and luxurious prizes that you can receive 24 hours a day. IronFX is recommended for those who are planning to become active from now on. There are many events and it is easy to get started. You can further reinvest the certain profits you make in the market. Log in and check what’s happening on the official page.

Prohibitions and violation of rules

There are prohibitions and policies, terms of use, and violation rules for the head office and the entire group. If you engage in certain fraudulent activities, your account may be frozen, and there have been cases. Users fully expect transparent trading. In official markets, be sure to follow important rules and mechanisms. Details are provided in the article below. If you have any questions, please contact the support center.

Withdrawal refused

IronFX has had withdrawal problems in the past. However, it is not certain whether this is true or not, and most of it is based on word of mouth. Most of the reports of withdrawal refusals on IronFX are from review sites, but I also use it, and so far I have never had a withdrawal refusal. When choosing a Forex broker, be careful of false rumors. There is a high possibility of making a profit because you can receive narrow spreads and luxurious campaigns.

Reputation and reviews

We are collecting the reputation and reviews of IronFX. This is a quote from Tradersunion. Tradersunion is a review site for FX brokers around the world. The main users of IronFX will be French. Other countries include Italy, India, Iran, and Japan, and you can see that there are many users mainly in Western Europe but also in Asia. In trading, there are many currencies and many lots can be entered, so if you participate at a time when it moves well, you can make a lot of money. You can rest assured that we have a 24-hour trading environment and the entire group has a long track record.

Source : Tradersunion

So far, there are no negative points with IronFX. I have been trading here for only four months. It seems that there are no problems with trading yet. We’ll see in the future, so far I rate IronFX four stars. Note that I have not withdrawn the profit yet.

Source : Tradersunion

I have been trading with IronFX for three years now. What I like here is optimal spreads and small swaps. Moreover, swaps are often positive, especially for major currency pairs. Therefore, it becomes profitable to trade by keeping the order open for several days. I give IronFX five stars in my rating.

Source : Tradersunion

IronFX is a great platform for all traders. There are a lot of different instruments, such as currencies, futures, stocks, and cryptocurrencies. And trading conditions are very loyal. I like that the risks when working with tick trades are as limited as possible. Moreover, they make withdrawals automatically. IronFX will not let you down.

Source : Tradersunion

IronFX is a reliable and trusted Forex broker offering a wide range of benefits to its clients. IronFX provides users with all the tools they need for successful trades, ranging from competitive spreads and leverage to technical support. I recommend IronFX.

Source : Tradersunion

IronFX provides for making income for any trader. The trading conditions are not very strict, the minimum deposit is small, and there are micro-trades. For more experienced traders, there are accounts with a fee, but spreads there are minimal. IronFX offers a very fast platform. I think that the broker can be recommended for opening an account.

Source : Tradersunion

With IronFX, you can build your own investment strategy. They offer ready-made strategies, both paid and free. However, it is better to try to build a strategy yourself, and IronFX managers will help you with this. I can positively say that IronFX is a worthy broker.

Source : Tradersunion

The IronFX service is very convenient and easy to use. It has all the necessary licenses and requires verification. There are many different strategies and the possibility of learning on a demo account. In addition, there is an application, so it is not necessary to sit at the computer. The withdrawal and withdrawal system of IronFX is also very convenient, with fast crediting to the account. All this makes it possible to successfully enter the Forex market without problems.

Source : Tradersunion

Opening an account is free

Opening an IronFX account is free of charge. Click the link below to open an account and start trading. You can trade with a minimum amount of $500 or $100, so even those without funds can participate. An ordering method based on STP and ECN content is adopted, and transparency is high. There are many target stock markets, it is attractive, and payments are smooth. There are many trading methods available, so there are many options.

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