IronFX Background – Powerful and Efficient Trading Environment
IronFX started its operations in 2010, with headquarters in Britain, and now they have six offices across the world. IronFX serves retail and institutional customers from over 180 countries while providing support in over 30 different languages.
The IronFX mission is to provide promotional and marketing services delivering an exceptional service experience to all clients, best-of-markets spreads and the best trading conditions globally. Its vision is to be recognized as the Global Leader in online trading of choice for both retail and institutional clients.
They operate in a legally regulated environment as a licensed and authorized broker. The IronFX’s business has developed rapidly as a result of its constant investment in research and personnel, which has led to the provision of the best services.
During the course of their work, they received more than 30 international awards, including Best STP/ECN Trading Broker in 2013, Best Forex Educators in 2015 and Best Online Forex Trading Platform in 2017
IronFX Unique Features – Why Traders Choose IronFX?
Several features have helped the broker achieve significant successes, one of the most important; the IronFX customer-centric model combines bespoke trading functionality through its platforms with the widest suite of products to offer the best pricing, execution and liquidity.
IronFX provides its clients with daily market news and deep research that give them access to the best information and data to make informed trading decisions. Client care is a strategic priority for the broker, so they deliver a safe and superior trading experience, along with excellence in every aspect of its operations.
They provide the lowest spread in the market, which start from zero pip combined with flexible leverage. Moreover, the broker guarantees instant execution with no slippage and for this reason, they consistently invest in technological advancement.
IronFX invests in its employees through continuous training to ensure the best services. They now have a highly experienced team of managers, analysts and administrators who are able to meet the client’ renewable needs and transform the plans into achievable goals.
The broker distinguishes itself by supporting a wide range of philanthropic and charitable activities. IronFX goes the extra mile to follow all ethical standards, to engage constructively with local communities, and to assist in medical research and education.
Trusted and Regulated
IronFX is a legally licensed and authorized broker that subject to the supervision and control of various financial institutions including:
- The Financial Conduct Authority (FCA no. 585561)
- The Markets in Financial Instruments Directive (Directive 2004/39/EC)
- The Authority for the Financial Markets in the Netherlands (AFM)
Reliability and Safety
Client funds security is a key element of the IronFX’s philosophy. So, it is held with security, clarity and integrity in top tier banks. IronFX maintains segregated client accounts to ensure that client funds are fully separated from IronFX’s own funds at all times.
IronFX Group through its trading platforms provides an automated risk-management system to ensure that client account balances will never go negative. In addition, they offer additional protection for clients’ funds by providing an excess of FSCS insurance cover in the unlikely event of the company’s default, “The protection is up to £1,000,000 per client”.
The broker’s website is encrypted with the best encryption systems to protect clients’ data from theft. They also do not provide clients’ data to any third party without their permission.
More Than 200 Financial Instruments to Trade
IronFX provides traders with full access to more than 200 financial instruments, clients can trade forex, spot metals, stocks, futures, spot indices and commodities with best-of-market spreads from just 0 pips.
IronFX facilitates clients the opportunity to trade forex, they can trade more than 120 forex pairs including majors, minors and exotics 24 hours a day, 5 days a week. Clients can select their own leverage starting from 1:1 up to 1:500. In order to expand investment opportunities for traders, IronFX recently allowed trading of cryptocurrencies, such as Bitcoin, Ethereum and Ripple.
The broker’s trading platforms give clients access to trade a wide range of CFDs on equity indices, agricultural commodities, base metals, oil and energy products. Clients can take advantage of the widest range of trading instruments and diversify their portfolios either by trading on an equity index or any other futures instruments.
IronFX offers 8 different trading accounts for individual clients, and 4 different trading accounts for institutional clients. Each account has its own characteristics that distinguish it from the others to suit different types of traders, running from experienced to non-experienced, from small depositors to large.
Withdrawal and Deposit – Easy and Hassle-Free
This broker offers 9 different methods of withdrawals and deposits, including credit card, bank wire and electronic wallets. The deposits are free of charge while a small fee charged for withdrawals. In order to make the process of deposit and withdrawal more secure, the broker imposes traders to withdraw money through the same method of deposit. IronFX accepts small deposits and the minimum deposit is $100.
Trading Software – Practical and Efficient
The IronFX trading platforms are designed to facilitate a practical, powerful and efficient trading experience. These platforms empower the clients to trade with precision, without slippage and re-quotes.
The main platform used by IronFX is MetaTrader 4 (MT4). This application is available on Windows, Mac, mobile devices and tablets. MT4 consider the most popular trading platform, and it is quick in executing the transactions and technical errors are barely found.
IronFX offer their clients the personal multi-account manager platform (PMAM). Using the sophisticated (PMAM) platform, traders can manage and trade on multiple MT4 accounts simultaneously. The PMAM platform is one of the most flexible and advanced platforms in the industry today; used by Money Managers and professional traders alike.
Mobile Trading – Get Real-Time Alerts on the go!
IronFX offers powerful and cutting-edge technology apps, to enable traders to research the markets and manage their portfolio on-the-go. The broker apps support all major mobile devices with iOS, Android and Windows.
The broker distinguishes itself by its unique mobile application “IronFX Research”. This application provides traders with an unparalleled overview of the financial markets. It integrates Forex market data, financial viewpoints and dynamic videos into a single application, providing everything that an investor needs to make informed trading decisions.
IronFX provides 24-hour customer support for 5 days a week in more than 20 languages to serve clients of different languages and nationalities. They use many ways in customer support services including live chat, email communication, and phone calls.
The broker serves its clients from all levels of experience through the educational tools it provides. A special academy has been designed for this purpose. The academy provides an essential educational resource through which IronFX clients can enrich their trading knowledge and elevate their trading potential.
IronFX offer the traders a variety of promotional offers and distinctive competitions for demo and real accounts. For example, IronFX held one of the biggest live competition in FX markets, in which clients had a chance to win a supercar or $150,000 in cash.
They provide traders with high-quality market research as well as technical and fundamental analyzes prepared by professional experts that help them to make the best trading decision and achieve more profits. In addition, the IronFX’s website is attractively designed and available in 13 languages to serve traders from around the world.
One of the other services provided by the broker is VIP account. IronFX is offering exclusive services to both new and existing high-volume traders. These services include exclusive dealing department hotline, one-on-one trading guidance, the lowest spreads in the market and world-class educational resources to make the best trading decisions.
IronFX now offers free VPS Hosting to new and existing clients who deposit a minimum of $5,000 and maintain such balance for the following months. VPS Hosting allows execution of orders 24/5 to take advantage of special market conditions not normally available.
IronFX offers an exclusive service to withdraw funds from the Forex trading account anywhere in the world easily and efficiently through “IronFX Card. This prepaid card includes an online account and no opening fees will be charged.
Things to Improve
IronFX is a reliable and respected trading broker with many achievements and it has won many awards during its career. There were some comments and improvements demanded by traders with the company including:
- The withdrawal process takes a long time, up to five business days.
- Sometimes, Delay in responding to customer requests and inquiries.
IronFX said that they are studying all the customers’ needs and are making every effort to provide the best possible service.
After our review, we can say that IronFX is considered one of the reliable brokers, which has many features. It also provides a highly efficient trading environment and offers many unique services that make trading easier.
For any additional information, you can visit the IronFX’s website. If you want to trade in the Forex markets, you can open a demo account with IronFX and get a close look at all services they offer.