IronFX

Rating: 4.3 / 5

IronFX has 1.5 million clients from 180 countries, making it a leading Forex and CFD broker since 2010, its founding year. Traders get the trusted MT4 trading platform, and benefit from low IronFX trading fees in the Absolute Zero account type. I reviewed IronFX to determine if traders get a competitive edge with this broker. Is IronFX the right broker for you?

IronFX Website Screenshot

Broker Details

Headquarters
Cyprus
Established
2010
Min Deposit
$50
Execution
ECN/STP, Market Maker
Regulators
FCA, FSCA

Trading Conditions

Retail Loss Rate
69.80%
Min Raw Spreads
0.0 pips
Min Standard Spreads
0.3 pips
Min Forex Commission
$18 per 1.0 standard round lot
Trading Hours
Currency PairsMonday 00:00 - Friday 24:00
CommoditiesMonday 01:00 - Friday 24:00
Crude OilMonday 01:00 - Friday 24:00
GoldMonday 01:00 - Friday 24:00
MetalsMonday 01:00 - Friday 24:00
Equity IndicesMonday 01:05 - Friday 00:00

Accounts & Funding

Funding Methods
7
Deposit Options
Credit CardsWire TransferDebit CardsOther
Withdrawal Options
Credit CardsWire TransferDebit CardsOther
Withdrawal Fee
Yes

Trading Costs & Spreads

EUR/USD
1.8 pips
GBP/USD
1.7 pips
Gold
$0.35
WTI Crude
$0.03

Platform & Features

Trading Platforms
MetaTrader 4, Proprietary platform

Pros

  • Competitive trading fees
  • Trusted broker with 10+ years of experience

Cons

  • Site transparency could be better

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