FX Universal Broker Reviews: IronFX


History and Regulation

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IronFX is the broker that tries to satisfy all the needs of every trader. And it does a pretty good job at it.

The broker, founded in 2010, became one of the most reputable providers in 5 short years thanks to its comprehensive offering in 45+ (!) languages under 5 regulatory regimes including the United Kingdom, Cyprus, EU, Australia, and the U.S. IronFX is based in London and provides all kinds of accounts such as fixed spread and variable spread, commissioned or commission-free, and ECN or retail accounts.

Offered Products and Platforms

Suited for its all-around profile IronFX offers more than 150 forex pairs, commodities, indices, stocks, CFDs, and even swap contracts. As the company serves institutional clients besides private customers it has no less than 11 different platforms to choose from, including MT4 and all kinds of mobile platforms.

On the flip-side beginners might have a hard time getting around all the options and functions. Also, the minimum amounts for some accounts are pretty high.

Spreads, commissions and other fees

It would take a lot of time just to list all the types of choices that you have when choosing you fee structure with IronFX. To sum it up, whatever structure you choose you will get one of the cheapest ways to trade.

Active traders can enjoy very low costs for scalping or automated-trading with dedicated accounts and platforms.

Extra features

  • Trading Academy with probably the best material among brokers
  • Support for all kinds of transfers
  • Social trading with dedicated platforms
  • Managed accounts and trading competitions

Our Recommendation

IronFx is a great choice for almost everyone from intermediates to professionals with a plethora of services and low costs. Beginners should probably look somewhere else as there are several more user-friendly brokers to choose from.

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User Ratings for IronFX

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