July 04, 2020

Top Forex Brokers

ironfx screenshotImportant 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: ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FCA UK, FSB (South Africa), UCRFIN (Ukraine), CRFIN (Russia), Member of Eurex Exchange, Consob (Milan), BaFIN (Frankfurt)

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

USA traders: not accepted

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

Ironfx Account Types and Trading Platforms


Segregated accounts for client funds: yes

Account types: Zero fixed spread, STP/ECN, Micro, Premium

Islamic swap free accounts: available

Demo account: yes

VPS hosting: available for deposits of more than $5,000

VPS special features: lowest spreads, bonus on every deposit, up to $2,000 cashback, exclusive customer support, exclusive dealing department phoneline

Minimum trade size: 0.01 lot

Spread types: fixed, floating

Floating spreads start from 1.1 pips

Fixed spreads start from 1.6 pips

Commissions: $18 commission per 1 standard lot with Zero Fixed Spread account

ECN spreads start from 0 pips with $13.5 commission per lot

Maximum leverage up to 1:500

Trading platforms: Metatrader 4

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

Payment Options with Ironfx 

Minimum deposit requirement: $100

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

Educational Resources and Bonus Offers

Educational material: video tutorials, market analysis

Bonus and promotions: 100% sharing bonus up to $10,000, 40% power bonus upto $4,000

Trading competitions: live trading and demo trading competitions

Client Assistance

Customer support:  online chat, callback, phone, email

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

This 2020 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.