FX Universal Broker Reviews: IronFX 7


History and Regulation

26

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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Let us know what you think about IronFX and rate your experience in the comments section!

User Ratings for IronFX

Design
4
Spreads
4
Support
4
Overall Rating
3
Average
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7 thoughts on “FX Universal Broker Reviews: IronFX

  • Yoyo

    Ironfx is bad broker and exploit its clients. They offer bonuses but if you lose in trading they become happy and if you make money they say that your account is under investigation and you can’t process withdrawals. Well I personally hate this broker, they have excellent customer services and marketing department but they offer nothing for genuine traders.

  • Yoyo

    Ironfx is bad broker and is abused its clients. They offer bonuses but if you lose in trading they become happy and if you make money they say that your account is under investigation and you can’t process withdrawals. Well I personally hate this broker, they have excellent customer services and marketing department but they offer nothing for genuine traders.

  • Adil

    Ironfx is a huge scam broker I suggest everyone to be very careful and stay away from this broker I deposited 1100 USD in June 2016 and processed my withdrawal but I am still showing pending on my client cabinet. I sent them so many emails and contacted on live chat but nothing has happened. It’s nothing but a scam and I am worried now if I’ll ever get back my money from them.

    • Faudi

      I agree that this broker is scam. Their customer support is trained to make customers fool. Every time I contact them they tell me that my account is under investigation and they’ll send me a final response from ironfx. I don’t know whether the Cyprus authorities are sleeping? Why don’t take any action against this broker. My withdrawal has been pending for months. My account manager in ironfx Even my account manager in ironfx has emailed me that he is leaving this company because he can’t tell more lies to clients and handle the pressure. I am so upset.

  • Warren Buffet

    Ironfx was a good broker one year ago but now I do not recommend this broker to anyone they had one of the best offers and best customer support but since last few months traders complain a lot about their withdrawals taking too much time and they ask for unnecessary documents for verifications when you ask them for withdrawals, I have stopped trading with them. Once this broker was my favorite broker.

  • Alex

    Is iron fx still operational? I think this broker is one of the brokers who were severely hurt after the Swiss National Bank event. Please if anyone is still dealing with this broker kindly give your feedback and also how the deposit and withdrawal process is with them and are that they giving withdrawals fast? Ironfx was a good broker but after the SNB event I haven’t heard good reviews about them .

  • Quentin

    Ironfx was good broker but after snb event they are not good anymore. They spend heavily on marketing but I wish instead of marketing they should invest on trading environment. The current trading conditions are not very good for traders. I have ceased doing any trading with them and have switched to another broker.