June 27, 2022

Top Forex Brokers


Latest updated Information about Ironfx

2018 - The Cyprus-regulated entity has changed its name to Notesco Financial Services.

Reviewed broker: IronFX

Operated by Ironfx Global Limited

Established in 2010

Regulation: IronFX is a trade name of Notesco Limited. Upon a quick search, the firm is regulated in UK and in Limassol. 

Note: in 2015 Ironfx had an investigation against the broker by CySEC which was resolved in a settlement the same year. This broker seems to have rather damaged reputation among traders.

Location: Warsaw, Lisbon, Prague, Budapest, Athens, Kiev, Moscow, Mumbai, Jakarta, Manila, Ho Chi Minh City, , Kuala Lumpur, Lagos, Johannesburg, Auckland, Sao Paulo, Buenos Aires, Lima, Montevideo, Limassol, London, Hong Kong, Sydney, Dubai, Shanghai, Shenzhen, Shenyang, Frankfurt, Milan, Madrid

IronFX does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea.

Latest awards: The broker didn’t receive any awarding titles since 2015. The last one was awarded by UK Forex Awards – Best Forex Educators

Instruments: Discover countless Forex Trading opportunities with 80+ currency pairs, Including Major, Minor and Exotic or trade a multitude of Commodities, Metals Indices, Shares and Futures.

Ironfx Review : Account Types and Trading Features

Multiple account types to choose from to suit your needs

We offer a variety of trading accounts to meet your needs and style of trading. Choose between Live and STP/ECN trading accounts and enjoy the benefits of forex trading through the industry-leading MT4 online trading platform. You can also register multiple trading accounts in our Client Portal when you first sign up. When deciding on which account type to choose, you should consider a number of factors, including the product(s) you wish to trade, the trading conditions, and execution type. You should also think about researching what the platform itself has to offer.

At IronFX we have a variety of accounts, each with its own character and its own objective. Different accounts are inevitably suited to different types of investor, with each account offering a different experience of the currency world. From experienced traders to beginners, from small depositors to large, our selection of account types offers different pathways to traders looking to fulfil their financial aspirations.

IronFX account types reviews

Spread from: 1.8 1.6 1.4 0
Flexible Leverage Up to: 1:1000 1:1000 1:1000 1:500
Min Lot Size: 0.01 0.01 0.01 0.01
Commission: No No No $18/Lot on EUR/USD
$18/Lot on USD/JPY
$23/Lot on GBP/USD
$23/Lot on USD/CAD
$23/Lot on USD/CHF
$23/Lot on EUR/GBP
$23/Lot on AUD/USD
$28/Lot on EUR/CHF
$28/Lot on NZD/USD
$28/Lot on EUR/JPY
$43/Lot on GBP/CHF
$43/Lot on GBP/JPY
Dedicated Account Manager Available: 24/5 24/5 24/5 24/5
Dealing Department Transaction Hotline: Yes Yes Yes Yes
Spread from: 1.7 0 0.3
Flexible Leverage Up to: 1:200 1:200 1:200
Min Lot Size: 0.01 0.01 0.01
Commission: No Yes No
Dedicated Account Manager Available: 24/5 24/5 24/5
Dealing Department Transaction Hotline: Yes Yes Yes

Segregated accounts for client funds: yes

Islamic swap free accounts: available

Demo account: yes 

Maximum leverage up to 1:500

Expert advisors: yes

Automated trading: yes

One click trading: yes

Social trading: yes, with Autotrade by MyFXBook

Negative balance protection: available

Margin call level: 100%

Stop out level: 80%

Currency pairs: 63

Trading Platforms

Meta Trader 4

Having established itself as the industry leading platform, the Metatrader 4 trading platform, also known as MT4, is the most reliable and popular platform a trader can use. With its intuitive interface and user-friendly environment, it provides essential tools and resources needed for successful online trading performance. MT4 is supported by Windows, Mac OS, iPhone/iPad, Android and any internet browser. Delve into forex trading with IronFX’s trusted MT4 platform.

With the IronFX Metatrader 4 platform, you can take advantage of leverage up to 1:1000, various account types to choose from as well as flexible trading conditions, mobile trading, in-depth analysis and support.

Experience trading with spreads as low as 0 pips, advanced trading signals and functions in our user-friendly platform created specifically for online trading. Trade Forex CFDs and spot markets from your desktop with MetaTrader 4.

MT4 Windows Trading Features

  • Manage orders, positions and equity online
  • All order types and execution modes
  • Monitoring of financial instruments' prices and forex rates
  • Advanced charting and indicators
  • Online streaming news
  • Activity Reports

MT4 Windows Quick Login

  • Download and install the MT4 platform application
  • Select between logging in with an existing account or open a new account
  • Select IronFX from the list as your broker
  • Enter your real or demo account login data (username and password provided in your IronFX welcome email)
  • Start trading!

MT4 Webtrader Trading Platform

This in-house developed platform from IronFX provides full access to our multi-asset trading accounts, including full functionality via a user-friendly Web interface. Our WebTrader requires no download and can be used from any PC connected to the internet.

MT4 Webtrader Features

  • 100% web-based platform, access your MT4 remotely
  • Fully synchronised with the downloadable versions of the MT4
  • Monitoring of financial instruments' prices and forex rates
  • Traders can use the web terminal without registration on MQL5 community
  • It is a modern HTML5 application that runs without any additional browser plug-ins or add-ons
  • The web terminal is safe to use - any transmitted information is securely encrypted

Register with IronFX and ensure your exclusive access to our AutoTrade solution, which allows you to choose and copy the best performing traders along with their strategies.

Benefits of using AutoTrade

Connect your account to the IronFX AutoTrade platform and copy best traders’ strategies

Open an account with IronFX and gain access to the AutoTrade platform, a revolution in the online trading market. Take advantage of the reliability of highly respected forex leaders who will allow you to choose and copy their best performing and most profitable trades along with a wide range of their strategies.‘Buy’ the strategy that performed best at a specific period of time and execute buy and sell orders automatically. Connect your account to the IronFX AutoTrade platform and enter one of the most comprehensive automatic trading offerings in the market. Have complete control over your trading experience with this innovating opportunity.Both newbies and experienced traders can tap into hand-picked forex trading systems, follow successful techniques and diversify their trading portfolio, without any additional software needed.

  • Set up your parameters based on your risk appetite. Decide how much to invest and watch the live statistics of each profitable strategy.
  • Intuitive and easy-to-use dashboard tailored to both novices’ and professional traders' needs. Copy chosen strategies in a fast and secure way.
  • Follow only verified traders with proven performance. You may review any needed data about the history of their trades and measure the risk ratio before following them.
  • Detailed reports with full disclosure of profits, statistics, and risk data to ensure you are making informed trading decisions.

Ironfx Review : Payment Options

Minimum deposit requirement: $100

Payment methods: credit cards, Fasapay, Neteller, Qiwi, Skrill, Webmoney,Wire transfer

Ironfx Review : Educational Resources and Bonus Offers

Exclusive Trading Competitions and Promotions

IronFX gives you an extra boost by offering you the opportunity to participate in exclusive trading competitions and get bonuses and promotions. Discover our live and demo trading competitions with unique rewards and cash prizes. IronFX offers our clients promotions and bonuses to enhance their trading journey and increase their chances of trading successfully.

Our live trading competitions have been created with our clients’ best interests in mind. You can test your trading skills and find out if you have what it takes to be an IronFX trader. IronFX’s live trading competitions give you the chance to intensify your trading actions, compete and win exceptional prizes or cash rewards. You can join our current Iron Trader competition and win a cash reward from a $10,000 prize pool. The winner, the runner up and the third place will get the chance to win $5,000, $3,000 and a $2,000 cash prize respectively. Take the lead in the field of trading by making the highest profits during the competition and claim your prize.

Exceptional trading bonuses

Choose your deposit booster

By choosing to trade with IronFX, you have the opportunity to get attractive Forex deposit bonuses to boost your trading experience. IronFX incentivises and encourages new traders by offering deposit bonuses to all clients who open a trading account with us. By opening an account and depositing funds you can start trading and trying out new strategies and trading styles. If you are ready to take advantage of Forex trading bonuses, you can benefit from some unique opportunities. 

100% unlimited Sharing Bonus*

Double your first deposit with the Sharing Bonus and enter the world of trading confidently. Click here for the T&Cs*.

40% Power Bonus up to $4,000*

Get an exclusive deposit booster, created to ensure you can reach your highly settled trading goals. Click here for the T&Cs*.

20% Iron Bonus up to $2,000*

Get the most out of the Iron Bonus, which will guarantee your straightforward entrance to the Forex market. Click here for the T&Cs*.*Bonus cannot be withdrawn. 

Client Assistance

Customer support:  online chat, callback, phone, email

You can trade 24 hours a day, starting at 00:00 Monday and closing at 24:00 Friday (server time). Please note that the server time is GMT + 2 (GMT + 3 applies during daylight saving/summertime).

The procedure of account opening is easy and fast and takes less than 1 minute.

We require a recent utility bill (Water/Electricity bill) or a recent bank statement dated within the last six months. Please note that we are not accepting online statements and mobile phone bills.

How was the rating of Ironfx performed compared to other brokers? 

This 2022 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Ironfx FX broker performance and features. 

Overall our online Ironfx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Ironfx or you find inaccurate details Ironfx broker review please get in touch with us and the changes will be applied.