How To Start Trading With IRONFX Broker (My Review) 

IRONFX

What’s up Traders, in this article, we’re going to be talking about How To Start Trading With IRONFX Broker (Forex, CFD & Crypto).

The upcoming generation of traders is being trained by IronFX. It is a brand-new online broker that got started with the goal of giving customers access to cutting-edge trading technologies and an exceptional trading experience.

It offers many types of trading accounts as well as commission-free trades with spreads as low as 0.07.

The three most popular accounts that the broker offers are platinum, gold, and silver. Additionally, it provides an Islamic swap-free account and a trial account for beginners. The maximum leverage available to investors is 1:1000.

With a broad range of trading goods, the broker enables you to transact in a number of financial marketplaces. The broker offers a wide range of payment options for deposits and withdrawals.

Online multi-asset broker IronFX is primarily recognised for its forex trading services. Users can access the well-known MetaTrader 4 (MT4) trading platform, flexible leverage, and extremely cheap spreads starting at just 0.0 pips once they have registered. 

This article will cover every aspect of IronFX’s product, including as special deposit bonuses, practise accounts, and quick deposit and withdrawal options.

 

Overview of IRONFX

 

  • Trading Platform
  • The Markets
  • Commissions & Spreads
  • Leverage
  • Mobile Apps
  • Payment Methods
  • Demo Accounts
  • Added Value & Promotions
  • Extraordinary Qualities
  • Account types
  • Benefits
  • Drawbacks
  • Trade Times
  • Customer Service
  • Security
  • IronFX Conclusion

As a reputable and trustworthy broker, IronFX has established a strong reputation. It has distinguished itself from other brokers with its past and present partnerships with well-known brands including FC Barcelona, the IronFX Racing Yacht team, and the Korean Freediving Team.

More than 1,200,000 people have registered on its trading platforms, which are available in more than 180 countries.

banner

 

Trading Platform

The trading platform MetaTrader 4 is employed by IronFX. The programme is regarded as among of the best in the business, particularly for FX trading. 

It promises simple features and basic portfolio management and is aimed at beginners and intermediates.

Traders can install the platform on desktop computers, including Macs, using the free MT4 download. As an alternative, you can carry out direct trades using WebTrader for MetaTrader.

With your account login information in hand, placing an order is simple, with both pending and instant execution options available.

With nine periods, more than 30 technical indicators, real-time news, and automated trading features, MT4 boasts superior charts. 

The MetaTrader Market and Signals, where users may purchase technical indicators, add-ons, and signals for copy trading, can also be used to enhance the MT4 platform.

Additionally, IronFX provides a Personal Multi-Account Manager (PMAM) solution that enables users to simultaneously manage numerous MT4 accounts.

The broker recently introduced TradeCopier, a tool that allows traders to sign up as Strategy Followers, who can copy top-performing strategies and earn rewards, or Strategy Providers, who can get copied and earn a performance fee.

banner

 

The Markets

Over 300 tradable financial instruments are available from IronFX across:

  • Forex
  • Indices
  • Cryptocurrency
  • Shares
  • Metals
  • Futures
  • Commodities

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Commissions & Spreads

The lowest major spreads for live account types start at 0.7 pip, with 1.2 pip as the daily average. Naturally, spreads do increase during times of high volatility and little trading activity.

As you advance up the account tier structure, spreads get more competitive, with the VIP account providing the best value. Spreads and commission costs are competitive overall.

There are additional trading fees, nevertheless, that you should be aware of. For trading accounts that have been inactive for more than a year, IronFX, for instance, levies a $50 inactivity fee. 

Additionally, the broker imposes a sizable fee of 3% of the deposited cash when withdrawal requests are made during inactive times.

banner

 

Leverage

Flexible leverage up to 1:1000 is available from IronFX. This makes it possible for traders with small capital to take on bigger positions. On the website, you may use a margin calculator to determine how much leverage you have access to.

Be aware that trading using leverage increases both possible gains and losses.

 

Mobile Apps

For Android, iOS, and Windows mobile devices, there is a mobile app for the MetaTrader 4 trading platform offered by IronFX. The appropriate app stores are where you may get the app. Total trade management benefits mobile users without sacrificing functionality.

The IronFX Research app, which is part of the mobile service, provides users with an overview of the financial markets and significant news stories.

 

Payment Methods

 

  • Deposits
  • Withdrawals

Customers of IronFX have a variety of withdrawal and deposit options.

banner

 

Deposits

 

  • Bank wire transfer: Maximum deposit varies among banks
  • Credit & debit cards: Maximum deposit $50,000
  • Skrill: Maximum deposit $50,000
  • Neteller: Maximum deposit $50,000
  • FasaPay: Maximum deposit $5,000
  • China Union: Maximum deposit CNY 360,000
  • DotPay: Maximum deposit PLN 200,000
  • Safecharge: Maximum deposit $70,000
  • Zotapay: Maximum deposit $10,000
  • IronFX Card: Maximum PLN $99,000
  • Perfect Money: Maximum deposit $50,000
  • Digital Assets: No Maximum

No deposit fees apply (coverage for wire transfer charges for deposits over 10k USD)

 

Withdrawals

Deposits and withdrawals typically don’t incur any costs.

Options for withdrawal include:

  • Credit & debit cards
  • China Union Pay
  • Digital Assets
  • Fasapay
  • Perfect Money
  • Nether
  • Skrill
  • IronFX Card
  • Bank Transfer

The withdrawal procedure is simple. Go to “Transactions” on the client portal, click “withdraw,” and then follow the on-screen directions.

Depending on the financial provider, withdrawal times can be as soon as today or as far out as seven days. Contact customer service using one of the methods listed below if you are having any issues with your withdrawal.

The minimal bank wire withdrawal is $100. A $55 transaction fee will be applied to withdrawals that are less than $300.

banner

 

Demo Accounts

For traders to test the platform and refine their techniques, IronFX provides demo accounts. There are two available demo accounts:

Demo Floating Spread

Demo STP/ECN Absolute Zero

The only difference between each demo account and a live account is that virtual currency is used.

banner

 

Added Value & Promotions

The following welcome bonuses are available to traders who open an account with IronFX:

100% limitless sharing bonus with a $200 minimum deposit.

Up to $4,000 in Power Bonuses with a $500 minimum Deposit.

20 percent Iron Bonus with a minimum $100 deposit, up to $2,000.

Bonuses cannot be revoked, please note. Offers also differ according on the nation you’re registering from. 

Finally, be sure to review the terms and conditions of any minimum deposit bonuses when you open an account because they are subject to change.

 

Get trading with IRONFX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create IRONFX Account Click Here

 

Extraordinary Qualities

The Trading School is a service provided by IronFX, and it provides information on establishing a forex trading strategy, e-books, teaching videos, a glossary, and the economic calendar for both professionals and beginners.

The broker also has a sophisticated blog section with a tonne of market-related material.

Additionally useful to traders are the most recent features of Trading Central made available through the Client Portal, as well as trading widgets like a currency converter and profit, margin, and pip calculators.

banner

 

Account types

At IronFX, there are seven trading accounts available.

Types of live floating and live fixed accounts:

Micro: Spreads for micro accounts begin at 1.8 pip, with a $100 minimum deposit and leverage up to 1:1000 available.

Premium: Spreads begin at 1.6 pips, with a $1,000 minimum deposit and leverage options up to 1:1000.

VIP: Spreads begin at 1.4 pip, the necessary minimum deposit is $10,000, and leverage up to 1:1000 is offered for VIP traders.

Zero Fixed: Leverage is available up to 1:500, spreads begin at zero pip, and a $500 minimum deposit is required.

Types of STP/ECN trading accounts:

No Commission – Spreads begin at 1.7 pips, the minimum deposit is $500, and leverage up to 1:200 is offered with no commission.

Zero Spread – Spreads begin at zero pip, and there is a $500 minimum deposit requirement and a leverage range of 1:200 accessible with zero spread.

Absolute Zero – Spreads at Absolute Zero start at 0.3 pip, with a $500 minimum deposit and leverage options up to 1:200.

Market execution is the main distinction between live floating/live fixed trading accounts and the ECN/STP architecture. 

Real accounts employ market execution, which does not require re-quotes, whereas STP/ECN accounts use instant execution with re-quotes.

Additionally, IronFX provides customers with the Cent account, which allows them to start with smaller funds and lot sizes.

banner

 

Benefits

There are various advantages to joining IronFX:

More than 300 trading products are available to users across several marketplaces, including the currency market.

Reliable trading platform: IronFX provides the potent MetaTrader 4 system, a dependable and well-liked trading environment.

Flexible leverage: Up to 1:1000 is available from IronFX, which is competitive.

Low spreads: minimal spreads Research and customer testimonials indicate that IronFX’s spreads are competitive, which lowers trading expenses.

Multilingual customer support: Is offered by IronFX, a global online broker, in more than 180 countries and in 30 distinct languages.

 

Drawbacks

The IronFX service has some restrictions:

There is just one trading platform accessible, and while MT4 is the most popular one, some traders may not find it to be suitable for their trading style.

Volume discounts – IronFX does not provide its customers with volume discounts, despite receiving numerous positive evaluations regarding bonuses.

 

Trade Times

The trading hours at IronFX are always open. Users can trade Monday through Friday from 0:00 to 0:00. IronFX market hours are GMT + 2, with GMT + 3 being used in the summer and during daylight saving time.

Although consumers may be able to trade whenever they choose, it should be noted that spreads are less competitive when there is a lack of liquidity.

 

Customer Support

The customer service team at IronFX is available round-the-clock in 30 different languages:

Email address : [email protected]

Telephone contact number: +44(0) 203 282 7777

Live Chat: The broker’s website has a chat option in the lower right corner.

FAQs: The FAQs, which are located in the “Contact Us” section, can provide answers to questions on a wide range of subjects, including how to close an account and questions about payments.

Careers: At the bottom of the broker’s website is a link to the Careers portal, which features a list of open positions.

Affiliates: The Affiliates portal is accessible to IronFX partners at the website’s bottom.

You can also discover the broker on social media to stay up to date with the most recent IronFX news:

  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn

 

Security

To protect the privacy of its customers, IronFX employs industry-standard security measures, such as website encryption. 

The one-time password for MetaTrader is used by the MT4 trading platform. The implementation of dual-factor platform authentication could increase security.

banner

 

IRONFX Conclusion

IronFX is a reliable broker for beginners and intermediate traders. They provide a variety of products, the dependable MT4 trading platform, as well as competitive spreads and leverage levels. 

The variety of account kinds will also accommodate various trading approaches and capital requirements.

 

Get trading with IRONFX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create IRONFX Account Click Here

 

Questions about IRONFX

 

  • Does IRONFX provide protection against negative balances?
  • Can I cancel a request for an immediate order?
  • Is MetaTrader 5 available at IRONFX?
  • At IRONFX, may I employ expert advisors?
  • Does IRONFX provide welcome bonuses?

 

Does IRONFX provide protection against negative balances?

Yes, all users of IronFX are provided with negative balance protection. This guarantees that investors lose no more than their initial investment.

 

Can I cancel a request for an immediate order?

It might not be able to cancel an instant order request if the server has already taken the order and processed it. If this is the case, a pop-up will appear to inform you that your order might not be able to be canceled.

 

Is MetaTrader 5 available at IRONFX?

The IronFX trading platform does not yet support MetaTrader 5. Customers can use the MetaTrader 4 platform instead. A review of MetaTrader 4 may be found here.

 

At IRONFX, may I employ expert advisors?

The MetaTrader 4 platform supports Expert Advisors (EAs), making automated trading possible.

 

Does IRONFX provide welcome bonuses?

When you open a new account at IronFX, welcome incentives are available. Check the current incentives available when you sign up because they do alter over time and differ by country.

 

Get trading with IRONFX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create IRONFX Account Click Here

 

Final words

Okay, so that’s it I’ve come to the end of this presentation, I hope you’ve enjoyed it and if you really do please write a comment and click the share buttons smash it right, and click to subscribe bell to Allow notifications be updated.

Whenever, I publish content like, this and finally any questions or feedback let me know below and I’ll do my best to help, so with this guide, I hope you got value out of this presentation, I wish you good luck and good trading and I’ll talk to you soon you.

 

About Author

Leave a Comment

Your email address will not be published.