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IronFX Review & Rating [yyyy]

IronFX Review & Rating 2023

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Is IronFX a reliable Forex broker? At, we have a readers-first policy. It means we always prioritize our readers' safety in our business line, not just satisfying ourselves with a broker's public information. Therefore, we use direct interaction with the broker, public opinion analysis, live and demo account testing, and even the accuracy of the price chart. Read our IronFX review below and share your opinion about this broker.

As a globally renowned broker, IronFX complies with the world's most stringent regulatory standards. Entities within the group are authorized and monitored as follows - Notesco Financial Services Ltd (CySEC), Notesco UK Limited (FCA) and Notesco (SA) Pty Ltd (FSCA). This ensures customers from over 180 countries can access 13 platforms and more than 300 instruments available in Forex, spot metals, stocks, futures, and other instruments.

However, there is more to know about this broker. Is it wise to make an account with IronFX? Continue reading AtoZ Markets' full IronFX broker review to learn more.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61.8% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


Trading Platform
Account Types
Customer Support


9 /10

IronFX is a premier global leader in online trading. Established in January 2010, this broker-dealer combines international experience earned at the world's top financial institutions with the cutting-edge technology of its trading platforms and tools. This allows IronFX to provide their customers access to 13 platforms and more than 300 instruments in Forex, spot metals, stocks, and futures. 

The IronFX customer-centric model offers full trading functionalities through its platforms and the broadest suite of products at the best pricing and execution. Daily market news feeds, and insightful research analysis give clients access to the best information and data to make informed trading decisions.

Products Offered by IronFX 

The IronFX customer-centric model combines trading functionality with the best pricing, execution, and liquidity. More than 300 financial instruments exist, including Forex, spot metals, stocks, futures, spot indices, and commodities, with best-of-market spreads from 0 pips. You can access all instruments from a single account from any of the 13 Platforms.


IronFX facilitates clients with the opportunity to trade Forex through multiple trading platforms. Traders can trade more than 120 Forex pairs, including majors, minors, and exotics, 24 hours a day, five days a week. IronFX offers the tightest spread in the market, starting from 0 pips with leverage starting from 1:1 up to 1:30.

Spot Metals

IronFX offers CFDs on spot metals in both USD and EUR. 

Spot Indices

IronFX allows you to invest in various market segments globally, with tight spreads and low-margin requirements. Therefore, you can benefit from their exceptional volatility and robust market liquidity with simple, intuitive platforms.


IronFX allows its clients to trade CFDs on spot commodities with deep liquidity and flexible leverage. Trading commodities can give investors a hedge against volatile market periods, and IronFX makes it easier to start. The broker offers an essential guide to commodity trading for beginners, so even those new to online trading can learn the basics quickly and easily.


IronFX's Futures CFDs grant traders access to global markets. With low trading costs and tight spreads, investors can take advantage of rising trends or short positions for maximum returns. IronFX provides a variety of trading tools and services including charting software and analysis, as well as expert guidance from experienced market professionals. For those looking to diversify their portfolio while minimizing risk, IronFX Futures CFDs provide a good opportunity. With the right strategies, traders can navigate turbulent markets with confidence.


Trade the stocks of the world's biggest companies, such as Apple, Microsoft, and Facebook, with IronFX. Delight in quick order execution and spreads beginning from 0 pips. Get your slice of the stock market pie by investing as little as 0.1% with IronFX, whether it be in Tesla, Amazon or any other favorite company! 

Pros and Cons of IronFX

IronFX is a popular online platform offering traders access to various financial instruments, including Forex, metals, indices, and shares. In this review, we will discuss the pros and cons of IronFX.

IronFX Pros

FCA, FSCA, and CySEC regulated Brokers: Different entities in the group are regulated by three major regulatory bodies that ensure that it complies with all applicable laws and regulations. This provides traders with peace of mind when trading on the platform.

Lots of trading instruments: IronFX offers traders access to 300+ financial instruments, including Forex, metals, indices, and shares. This allows traders to diversify their portfolios and exploit different market conditions.

World-class MT4 trading platform: The MT4 trading platform provided by IronFX is one of the most widely used platforms available today. It offers traders a range of features such as charting tools, automated trading systems (EAs), backtesting capabilities, and more.

Built-in VPS hosting opportunity: IronFX also offers its clients an integrated VPS hosting solution that allows them to run their automated trading systems without worrying about their computer being turned off or disconnected from the internet.

Variety in trading account types: IronFX provides its clients with a variety of different account types which can be tailored to meet their individual needs. 

Easy to navigate website: The website provided by IronFX is easy to navigate, making it ideal for beginners and experienced traders alike.

User-friendly interface: The user interface provided by IronFX is also very user-friendly, making it ideal for those new to online trading platforms.

IronFX Cons

Does not have MT5 and cTrader: While IronFX does offer its clients access to the popular MT4 platform they do not provide access to either MT5 or cTrader which may be a downside for some traders who prefer these platforms over MT4.

Stale research & news resources: The research & news resources provided by IronFX are outdated compared to other online brokers, so if you are looking for up-to-date information, you may want to look elsewhere.

No integrated cryptocurrency trading: Unfortunately, IronFX does not offer integrated cryptocurrency trading for global customers, so if you are looking for this type of service, then you may want to look elsewhere as well.

How To Open An Account With IronFX?

Opening an account on IronFX is a simple process that can be done in three easy steps.

First, you need to go to IronFX's official website and click the "Register" button at the top. This will take you to a form where you can enter your personal details, such as your name, address, email address and other background details including knowledge and experience. You will also need to create a password for your account.

Second, you must select the type of trading account that best suits your needs. IronFX provides seven live trading accounts: Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero. Each account has its features and benefits, so choosing the one that best fits your needs is essential.

Third, once you have selected the type of account you want to open and filled out all the information in the form provided by IronFX, you will need to submit it for approval. Once approved by IronFX's team of experts, you will receive an email confirming your account opening with instructions on how to fund it and start trading with IronFX.

IronFX Awards

IronFX is an award-winning online trading platform that has been recognized for its excellence in the industry. The company has won numerous awards over the years, including: 

  • Best Online Trading Platform (2019) 
  • Best Global Online Currency Trading Platform (2019)
  • Best Broker of the Year (2019)
  • Most Trustworthy Forex Broker - Global (2019) 
  • 2019's Leading Digital Global Currency Trading Specialists (2019) 
  • Most Outstanding Online Trading Solutions Provider (2019) 
  • International Markets- Best Practise Operator of the Year (Forex) Iron FX (2020) 
  • Best Online Trading & Financial Services Company (2020) 
  • Best Online Forex Trading Platform (2021) / ACQ5 
  • International Online Currency Trading Platform of the Year - IronFX (2021)/ACQ5 
  • Most Outstanding Online Trading Partners Program (2021)/AI GLOBAL MEDIA LTD 
  • Most Outstanding Online Trading Partners Program (2022) / 2022 Global Excellence Awards.

IronFX has earned these awards through its commitment to providing a secure and reliable trading platform with competitive spreads and tight liquidity. The company also offers a variety of educational resources to help traders learn more about the markets and develop their skills. With its wide selection of instruments, we believe IronFX is a great choice for both beginner and experienced traders alike.


8 /10


IronFX was founded in 2010 and is headquartered in Cyprus. Different entities in the group are authorised and regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, and the South African Financial Sector Conduct Authority (FSCA).

These authorities' regulations mean that IronFX is subject to strict rules and guidelines regarding its operations. It must comply with a range of requirements to ensure the safety and protection of its client's funds.

In terms of security measures, IronFX uses SSL encryption technology to protect its clients' personal and financial data. It also employs a range of security protocols to safeguard its trading platforms and systems against unauthorized access and hacking attempts.

We conclude that IronFX is a well-regulated and secure forex broker based on the available information. However, conducting your own research and due diligence is always recommended before investing your funds with any broker.

Trading Platform

8 /10

IronFX offers various innovative tools to make trading more efficient and successful. They provide the world-renowned MetaTrader 4 platform, MetaTrader 4 Web Trader, Proprietary Mobile Trading App and Virtual Private Server (VPS) Hosting are all available for traders who want to get the best out of their investments.

IronFX MT4 Trading Platform

IronFX MetaTrader 4 is the most reliable platform used daily by traders worldwide. The platform provides the tools and resources to analyze the market and improve your trading performance. It is fully equipped with front-end terminals and back-office reporting functions.

IronFX's MetaTrader 4 Windows Trading Platform provides traders with comprehensive features to help them succeed in their trades:

- Ability to manage orders, positions, and equity levels online

- Live to monitor financial instruments' prices

- Access to advanced charting tools

- Real-time updates with online streaming news

- Explanatory Activity Reports for better analysis

IronFX MT4 Webtrader

IronFX MT4 Webtrader is an advanced and convenient trading platform with a user-friendly interface. It allows traders to access global markets without the need for additional software and can be used from anywhere in the world. The web terminal is secure with encrypted transmissions and doesn't require plug-ins or add-ons. Suitable for traders of all levels, IronFX MT4 Webtrader is beneficial for any trader.

IronFX Mobile Trading App

IronFX Mobile Trading App is the ultimate mobile trading app for traders of all levels. It provides a simple and secure platform to trade on the go, with access to over 300 trading instruments with CFDs. The app is available for iOS and Android devices and offers powerful features. With IronFX Mobile Trading App, you can capitalize on market moves effortlessly and stay up-to-date with the latest stock market data.

IronFX Web Trader App

IronFX's Web Trader app makes trading from a mobile device a breeze. This powerful app syncs with the MT4 platform and works on any operating system (Windows, Android, MacOS, and iOS), enabling traders to make fast, informed decisions while on the go. With this web-based application, traders can enjoy a seamless trading experience anytime, from anywhere, and get the most out of their investments on the go.

Virtual Private Server (VPS)

IronFX Virtual Private Server (VPS) is a robust and secure hosting solution for traders who want to trade Forex CFDs confidently. With IronFX, you can access a reliable VPS that provides the speed and security needed to ensure your trades are safe and successfully processed.

The VPS hosting from IronFX includes low-latency trading servers at an affordable price, allowing you to make trades faster and more securely.

The IronFX VPS has a 2.4GHz Intel Xeon CPU and 2GB of RAM, and 30GB of HDD storage space. It operates on the Microsoft Windows Server 2012 R2 and includes a dedicated IP. Custom configurations are also available upon request. The VPS is hosted in a secure data center and is available 24/7 for uninterrupted trading.

Account Types

9 /10

IronFX has seven account types under three categories: ECN, fixed, and floating base. Traders from beginner to advanced levels have access to one of the most transparent trading environments in the industry.


9 /10

IronFX also provides competitive spreads and fees for its customers.

When it comes to fees and commissions, IronFX does not charge any fees for deposits. However, your respective banks or payment providers might charge you additional fees. Trading with IronFX will involve costs, spreads, and commission-free trading depending on the account traders select.

In terms of CFD commission fees, IronFX does not appear to charge commissions depending on the account traders select. There is a possible charge of up to 3% of deposited funds if a trader adds capital but withdraws without engaging in any trading activity.

IronFX is an excellent choice for those looking for competitive spreads and fees when trading online. 

Customer Support

8 /10

Customer support

To ensure the best possible experience for its customers, IronFX provides an award-winning multilingual customer support team available 24/5. Customers can contact IronFX via phone, email, or live chat for any necessary inquiries or assistance.

Live chat is also available on their website for immediate assistance.

IronFX's customer support team strives to provide its customers with the highest level of service and ensure their best online trading experience with IronFX. 


9 /10

Is IronFx Regulated?

Ironfx Regulations

Is IronFX well-regulated?

Yes, per our research IronFX is a well-regulated broker. Different entities in the IronFX group holds licenses in various jurisdictions as per below: 

United Kingdom: IronFX (Notesco UK Limited) is authorised and regulated by The Financial Conduct Authority (FCA).

Cyprus: IronFX (Notesco Financial Services Ltd) is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) 

South Africa: IronFX (Notesco (SA) Pty Ltd) is authorised and regulated by the Financial Sector Conduct Authority (FSCA).


To conclude our IronFX review, IronFX is a multi-regulated and award-winning broker with enormous trading opportunities for beginner to advanced traders. The MT4 trading platform and MT4 multi-trading platform allow traders to take trading decisions like institutional traders. 

Additionally, the variety in the trading account type allows the traders to choose any type that suits their needs. 

IronFX's trading conditions are competitive, with tight spreads and no commissions on most accounts. Additionally, the broker offers a variety of educational resources and trading tools to help traders improve their skills and make informed trading decisions.

Our research found that IronFX is a reliable and trustworthy broker committed to providing clients with a transparent trading environment. With its advanced technology, extensive range of trading instruments, and excellent customer support, IronFX is a great choice for novice and experienced traders looking to trade in the financial markets.

Thank you for reading our IronFX review. We hope the review helps you decide if this is the right Forex broker. If you have any questions, please don't hesitate to comment below. We're always happy to help!

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61.8% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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  1. Robert Ndlovu says:

    The biggest advantages of the broker are its account types and trading school.
    I would like to see more trading platforms and more withdrawal methods for extra versatility.

  2. Mohsen lotfi says:

    I deposit 500$ and arrived 1100$
    Withdrawaly money.
    And deposit 600$
    But they delete my money and said i Fraud
    And not answer again.
    Please help me. Give me my money

  3. Emilly Gant says:

    At first I was lucky with online trading, investing a few and then getting a bit more back which made me more comfortable. Then I traded with this company whose I wouldn't want to mention but then scammed me without batting an eye. was taken for so much so sad. Then I started a research and contacted chargebacksecured they helped me get back my money please be careful out there hopefully this helps someone out there.

  4. Wut Mahakayanant says:

    My account number is 12112765. IronFx tried to take advantage from Muslim account by complain about SWAP free abuse.
    I am a long term trader. IronFX Live chat allow me to hold position for maximum 10 days, so I hold my position for 10 days. I always ask before trading especially exotics currency. IronFX live chat said yes, no problem.
    On October 21, 2021, After I got profit $3710, IronFX took all my profit away, and complain about my SWAP free account. ???
    To all Muslim traders, please stay away from this scam broker as far as you can. IronFX will take advantage from you whenever you get profit.
    IronFX will find a way to reverse all your profit away. It is the way they run their business.

  5. pranchin says:

    Personally, I was not very impressed by trading with IronFX. Yes, the brokerage has very profitable and interesting trading conditions, but there is still a lot to work on.

  6. eshabela patani says:

    It is clear that does not have any license, it does not even pretend to have a license on it's website. The problem is that they ring people up and pretend that they have a license in the client's country. They have licenses in certain countries under slightly different names but they get the client to join which has no license. If you try to register with the website does not have Australia in the list of countries where you reside. They will tell you that they have transferred you to the version where you reside. If you email to clarify where you stand, they will not reply.

  7. khusiya says:

    This broker is one of the worst no support and doesn't even reply to emails looks like ironfx is scam

  8. Iris says:

    "i opted for a withdrawal using my card 3 days ago, when exactly am i getting my money? Its look like scam now for me

  9. suneha says:

    Ironfx is not a reliable broker. Still waiting for my withdrawal money.

  10. ethanchloe232 says:

    Reliability is up there with the best I have experienced in my trading career.


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