IronFx Review Is it a Scam or Legit Broker

Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. This way you may confront some reviews claiming delays in withdrawals. If there are still delays, the client support team makes sure to resolve them as soon as possible.

Payments typically take up to 24 hours, though wire transfers may take up to five business days. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Claim your profile to access Trustpilot’s free business tools and connect with customers. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. We apologize for any inconvenience caused by the unauthorized creation of an account on IronFX using your email. Ironfx also has a lot of extra tools and services that facilitate the trading process drastically.

IronFX scam

Next, traders have to provide basic personal details and upload documents for verification. IronFX also provides Islamic accounts to cater to the demands of clients of the Muslim faith. Hence, it is a completely secure and reliable brokerage company to trade with without any IronFX scandal.

Overview Of IronFX Trading Platform

You can trade on the most popular and reliable trading platform, MetaTrader4 , with IronFX. In addition, the broker’s learning and research center has multiple tools and resources for the convenience of clients. At IronFX, we are committed to providing our clients with the best possible trading conditions and experience. We take pride in offering a reliable and secure trading platform that meets the needs of traders of all levels. Your feedback is a testament to our commitment to providing top-notch service to our clients. If you prefer a fixed spread for your trading strategy then you could consider a no commission account.

Expert Advisors are supported on the MetaTrader 4 platform, so automated trading is possible. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

IronFX scam

Going beyond daily operations, they engage with local communities, assisting in medical research and education. This shows strong business ethics and a responsible corporate https://limefx.vip/ attitude by supporting community development. A questionnaire is offered on that page, in which you must fill in details about your previous trading experience.

How to Open a Trading Account on IronFX?

Just make sure you check beforehand any costs you will incur. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

  • We follow strict guidelines and regulatory requirements to protect both our clients and our company from any fraudulent activities.
  • We take all customer feedback seriously and are committed to ensuring that our clients receive the best possible service.
  • We would like to assure you and all our clients that we take all necessary steps to ensure the timely and accurate processing of withdrawals.
  • This includes pros, cons and an overall rating based on our findings.
  • Thank you so much for taking the time to share your feedback.

Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. MetaTrader 4Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. The software is considered one of the best in the industry, especially for forex trading.

Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% 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.

IronFX Reliability & Safety of Funds

The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass IronFX’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.

IronFX scam

The broker follows all of the authority’s laws and regulations and is dedicated to providing a secure platform to its customers. Having been regulated by a top financial regulatory body, there’s nothing to be concerned about the broker. TradingBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. The broker’s website contains a wealth of educational material, which you can gain access to by registering for an account.

Clients can trade FX, indices, commodities and shares on MT4, MT5, cTrader and TradingView platforms. Mobile users benefit from total trade management without having to sacrifice functionality. The mobile offering also comes with the IronFX Research app which gives users an overview of the financial markets and major news events. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that IronFx is not a scam, read our trader reviews and check other popular trading related websites and forums. We aspire to speak to each and every one of our traders in their native language, help them feel at home and address all their queries in an efficient and stress-free manner.

Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes. This helps to reassure clients that their funds are safe. Clients benefit from the broker’s variable spreads, which improve their trading results.

About the business

IronFX offers a demo account so you can try the IronFX platform with virtual trading before you put down a payment. The demo account is a great opportunity to practice strategies and become familiar with the platform with their demo account option. However, your respective banks or payment providers might charge you additional fees. You can withdraw your profits only through the Bank Wire. You can receive your initial deposit via the payment method initially used and then all excess funds will be sent to your bank account.

This is the power of virtual market and the reliability of IronFX has made it one of the powerful brokers in this powerful virtual market. At the time of its operation with IronFX global in Cyprus, it has a regulatory issue with CySEC. But now it is regulated by UK’s most famous Financial Conduct Authority or FCA in UK and Australian Securities and LimeFx Commission or ASIC in Australia.

IronFX is the most reliable 2022 broker to provide its clients with new technology and trading procedures based on a market analysis. The broker works to improve the market’s trading opportunities for traders. As a result, clients can take advantage of the broker’s variable spreads and high leverage. It is not a hoax, and traders can invest with the new financial market broker for 2022. The regulatory body ensures the security of funds, money laundering prevention, and data security. Since its establishment in 2010, Iron FX has become one of the most trusted brokers among the retail traders.

ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. The FPA recommends against doing business with IronFx or any related company. This was after IronFx tried to claim that the CySEC investigation was to investigate cheating clients.

The company amazed me by an impressive variability of opportunities. You know, you can connect virtual private server, started copy trading, or tries out your strength in managing multiple accounts at the same time due to PMAM acc. Thank you so much for taking the time to share your feedback.

Thank you for taking the time to share your positive experience with IronFX! 🙌 It’s great to hear that you’ve had a hassle-free and fast withdrawal process. 🔥 Our team is committed to providing a quality trading experience and we appreciate your feedback. Please don’t hesitate to reach out if you need any further assistance at Many years of experience within the trading industry has made IronFX experts at delivering flexible, bespoke and multifaceted trading platforms.

With smartphones, forex traders no longer need to be tied up to their desks, spending hours watching their trading screens. Instead, they can monitor the markets through their mobiles whenever they are. Mobile trading limefx forex broker with MT4 allows you to have complete control over a trading account and trade from anywhere 24/5. It is very easy to trade in the mrkets when you are a professional trader, but not very easy to find the right broker.

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