If you are new to trading online, then you will be pleased to find a demo account option. This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment. This is not something exclusive to this broker, you will find most have a demo account available. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee.
Trading Hours
MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. We review each broker’s overall global offering – a “Yes” checkmark for any of the above features or tradeable markets in this review does not guarantee their availability in your country of residence. To verify the availability of any features or markets within your country of residence, please contact the broker directly. To learn more about country-specific regulations and restrictions (and to discover our data-based picks for the best brokers by country), check out our country guides. Nearly every trader on the planet owns a smartphone, but that doesn’t mean that every mobile trading app offers the same forex trading capabilities. A wide range of mobile trading apps are available across the globe – some of which are developed in-house by online brokers, while some are developed by third-party developers.
Is IronFX a regulated broker?
- IronFX is an online Forex broker that enables traders to access a wide variety of markets.
- Explore the features of our exclusive Absolute Zero account, designed to offer trading experiences with spreads as low as 0 pips.
- I have been trading with them for a long time and I chose a “Live Fixed Spread” trading account.
- Is our leading content maker and head of the content department.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads. In addition, leverage for trading currency pairs is quite large. And thirdly, broker provides a wide range of financial instruments, including currency pairs.
Commissions and Fees at IronFX
I invested the minimum amount of £200 I was contacted 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.
You can also trade anything and various types of financial instruments here. You will find many types of trading accounts with diverse conditions that the broker offers to traders. The trading platform is complex and has many functions.I would also like to highlight their section Education on their website. I found many useful materials to expand my knowledge about finance. Whether you are a novice trader exploring the financial markets or a seasoned trader seeking advanced trading conditions, IronFX is your companion in crafting a rewarding trading pathway. Choose your ideal trading account, experience the sophistication of our trading platforms, and thrive in the dynamic financial markets with IronFX.
The choice of account types will also suit varying trading styles and capital needs. IronFX supports only forex and CFD trading on multiple assets. The lack of trading in equities https://forexhero.info/ and options besides the share CFDs might disappoint stock and options traders, although IronFX might be suitable for traders who only want to trade in these markets.
In terms of mobile charting indicators and studies IronFX has 30, compared to the industry average of 49. Mobile charting indicators can be a useful tool to help traders analyze ironfx review price trends, identify potential entry and exit points, and make informed trading decisions. 🦾 We appeciate it 😊😊 We hope you continue to enjoy our services at IronFX!
Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. Processing times depend on the geographic location and the payment processors, which IronFX lists as between one and ten business days.
Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. The range of assets at IronFX exceeds 500+ trading instruments. IronFX notes the availability of 80+ currency pairs, making it an ideal Forex broker. Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the IronFX fractional share dealing, which is excellent for smaller portfolios.