There are several different types they can choose from – accounts are either Live or STP/ECN. IronFX offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage. IronFX lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. The MetaTrader 4 platform, as well as web and mobile trading apps, are provided by the majority of Forex brokers.
Compare Trading Instruments
We are going to concentrate on forex trading in this article. However, stock trading also makes use of several of the same terminology, approaches, and general ideas. But becoming an expert Forex trader requires a great deal of discipline and specific knowledge, which can be difficult to obtain. Thankfully, there are a ironfx broker plethora of online resources available to prospective traders that offer a methodical approach to potentially successful trading. Tempting trading conditionsHowever, my attention to IronFx was captivated by its outstanding reputation with traders. An account manager is available with all of IronFX’s trading accounts.
Debt or Equity Investments
At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. IronFX is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the ironfx.com group has good reviews from other users online.
Supported Languages
- We hope you continue to enjoy learning and trading at ironFX!
- The broker is also regulated by the Australian Securities and Investments Commission (ASIC) and with this license, the broker is authorized to operate in Australia, New Zealand, and South Africa.
- The exchange rate is of high importance as if it is higher when you close the trade, you generate revenue.
In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Debt investments can be government, corporate, and municipal bonds, as well as real estate investments, peer-to-peer lending, and personal loans such as mortgages.
Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. Hi Eon,We love seeing your review and we are so happy you are part of our community! We hope you continue to enjoy learning and trading at ironFX! We hope you continue to enjoy IronFX for all your trading needs! Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
With respect to customer service, the broker provides decent contact options and support in 45 languages, which could be a plus. The trading competition might also be an incentive to open an account, and the broker’s support for the popular MT4 platforms seems to be the best feature of this broker. IronFX services over 1.2 million clients in 180 countries around the world, providing 300 tradable instruments from 6 asset classes.
It also allows multiple account management and free VPS hosting to those who deposit at least $5,000. It is also one of the few brokers on the market who have prepared various bonuses and promotions for its clients. IronFX offers several types of live and demo accounts, which means that traders can test the various features and functions of the different accounts without investing real money. Once they try the demo versions of the accounts, they can register an actual trading account.
Instead, customers have access to the MetaTrader 4 platform. With that said, the brokerage does have plans to introduce MT5 in the future. For any withdrawal problems, contact customer support on one of the channels described further below. Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Withdrawals below $300 will have a fee of $55 per transaction. IronFX customers can choose from a good range of deposit and withdrawal methods.
Thank you for your positive review and for choosing IronFX! That fact that I can use here anything I want is captivating to me. After completing registration and passing through identity verification, I started to trade on the demo. I invested the minimum amount of £200 I was contacted https://traderoom.info/ a short while later about my account to see how it was going and would I like to invest more. I don’t have any other money so I had to decline even though the person supposedly in charge of my account kept pushing. He told me that I had £500 which I checked and it was confirmed.