IronFX

IronFX opinion

Opinions and information about the IronFX forex broker

 

IronFX (IronFX Financial Services Ltd) is a not so old forex company (at least if we compare it with the first brokers) since its history in trading began not many years ago, in 2010, when it opened its first offices in Cyprus, which are its headquarters. Their entry into the forex market was very aggressive, since they used advertising campaigns with these characteristics (aggressive), very provocative and with good promotions and offers, and they have had a lot of growth in a relatively short period of time.

IronFX website
IronFX website

IronFX has a staggering number of up to 15 different platforms to trade up to 200 instruments in forex, metals, stocks and futures. And this is one of the strengths of this broker, which offers many different options for trading and investing. About 10 different account types and up to 15 different platforms supported.

If we look at the types of account that the broker offers, we find 3 types of standard accounts. The Micro account, with an initial deposit of at least $ 500, and has 10 currencies available to operate. There is also the possibility to trade micro lots, and there is flexible leverage ranging from 1: 1 to 1: 1500. In order to have a Premium account, a minimum deposit of $ 2.500 must be made. The biggest difference of this type of account is the lower spreads to trade. Then there is the VIP account type, which requires a minimum deposit of $ 20.000. The biggest difference between this type of account and the rest is that one has even lower spreads, and that the account can only be opened with US dollars.

They were pioneers in introducing micro STP / ECN trading, which allows trading with 0.01 lots and is available for accounts up to $ 50.000.

Some of the features, resources and extra help that we can find on the broker's website are the real-time economic calendar, economic news, various informative E-books and above all numerous webinars, seminars, and informative and educational videos.

A positive fact about this broker is that it is regulated by numerous renowned entities such as: the CNMV in Spain (not many brokers have it), and the FSCA in the United Kingdom, as well as entities from other countries such as Germany, Italy, Russia, New Zealand and more.
 

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Another fact in favor of this broker is that in addition to the fact that it is possible to open a demo account, the demo account can be used for an unlimited time, which gives us a lot of time to familiarize ourselves with the interface and the platform in general.

 

IronFX broker features

 

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Additional information about the company

 

Phone number: +357 25027000

E-mail: [email protected]

Website: ironfx.com

Clarification: Note that IronFX works in different countries, so the information provided may not apply to your country.

* Bonuses or promotions: 1) $ 35 free no deposit bonus 2) 100% shared bonus up to a maximum of $ 10.000, 40% bonus with up to a maximum of $ 4.000.
 


 

IronFX valuation

With the information we have so far, the comments and reviews of users and traders, our opinion is that IronFX is a broker with which you have to be cautious.

Actualización - in December 2016, a 176 million “financial hole” was discovered in IronFX after an audit by a Cyprus regulator (CySEC), so our opinion is even more negative, we recommend not investing with this broker.

Do you know this broker? Have you operated with him? Leave a comment with your experience.

 

Are you part of IronFX? Are you a representative or worker of the company? Write to us here >> use this form << 

 

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Broker
IronFX
Broker Type
Forex and CFDs

17 comments on “IronFX”

  1. ABSOLUTELY AVOID! Iron IronFX
    12088999

    I opened an account with them with the advisor who confirmed that my deposit will be doubled (bonus), once the money is deposited and consumed, they refuse to give me the bonus telling me that I have opened a bad account, however I followed their instructions exactly adviser. I don't know what to do, they are in bad faith. Choose a reliable broker, but NEVER Iron IronFX

    Depositing your money is easy, but withdrawing it, they try their best to block it, supposedly unreadable documents, then it is not the correct email address, then it is not the correct amount.

  2. IN MY EXPERIENCE THE TREATMENT IS EXCELLENT BUT AT THE TIME OF REQUESTING A WITHDRAWAL THEY DO NOT DO IT IN ADDITION THEY DO NOT SPEAK TO YOU IN YOUR LANGUAGE THING THAT IF THEY DID WHEN YOU OPENED YOUR ACCOUNT, IT MAY BE REGULATED EVERYWHERE BUT THAT HAS NOT MADE THEY MAKE THE PAYMENTS TO HIS CLIENTS.
    ADVICE FOR THOSE WHO WANT TO OPEN OR MANAGE IN IRON FX DON'T DO IT THE TRUTH ARE INNUMERABLE THE COMPLAINTS FOR NON-REFUND OF MONEY AND WITHDRAWALS FROM THE ACCOUNTS I WAS WITH THAT BROKER FOR MORE THAN TWO YEARS BUT THANKS TO GOD I COULD RECOVER MY MONEY TODAY IN DAY THERE IS NO WAY TO DO IT

    1. Hello, what you mention is really worrying, how long did you claim your capital withdrawal? Thank you very much for sharing your experience with us.

  3. Hello, they are offering me a managed account in this broker, could you tell me how it is currently? if it is still not recommended, I will have to reject it.

    Thank you

    1. Hello Eduardo, it is a regulated broker in Cyprus, although with a somewhat dubious reputation due to the “financial hole” that we mentioned in the review, in any case we recommend you start with little money, greetings.

    2. Hello Eduardo,

      I have been operating with the Broker since 2016 and I have not had any problems, I already found out everything that had happened and they were very clear with me when I opened the account.

      They advised me to open the account with the FCA, the UK regulator and encouraged me to call to make sure there was no problem. The FCA confirmed it to me and I have been operating for a while and have redeemed money multiple times.

      I recommend that you give it a try, since many opinions on the Internet have risen to the hump of a bad reputation.

      Kind regards.

      1. Hello Patricia, thank you very much for sharing your opinion with us, greetings.

    3. iiii NEITHER DO THEY HAVE ANY KIND OF RELATIONSHIP / LINKAGE WITH “IRONFX” above sponsor of the FCB, such CARLOS RODRIGUEZ PEDRALBES AND CARLOS SIERRA HAVE LEFT ME WITHOUT A €. They managed my portfolio since I have no knowledge of foreign exchange iii THEY HAVE LEFT ME WITHOUT A EURO iii I'M CALLING THEM, THEY DON'T HELP ME, I SENT THEM EMAIL, THEY DON'T HELP ME, AND TO TOP OF THE HIGHS… IN THEIR WEBSITE THEY SAY THEY HAVE OFFICES IN MADRID PASEO DE LA CASTELLANA IN LAS TORRES KIO, I APPEAR THERE, THEY TELL ME THAT HE HAS GONE, NOBODY KNOWS WHERE, I CALLED THEM BY PHONE 917888400 (OFFICES) iii AND I DIDN'T LEAVE THE CO ……. TELL ME WHERE THEY WERE iii I wonder ... can you trust one of them ... THEY ARE PRESUMED (I say presumed for not looking for more problems) SCAMMERS, OF THE GUARD COURT, I DO NOT UNDERSTAND HOW THE CNMV, BANCO DE ESPAÑA ETC ALLOWS YOU TO BE HERE, I DO NOT UNDERSTAND IT ..BUT PLEASE..I DON'T WANT ANYONE TO GO THROUGH WHAT I'M GOING THROUGH, WITHDRAW THE MONEY FROM THERE (if you can) AND IF THEY CALL SEND THEM TO TAKE THEM BY THE ASS,

      1. Hello "Caido x ironfx", because being a regulated broker (in this case by the CySEC) you should, if you wish of course, contact CySEC.

        A greeting.

  4. Measures in relation to the trading of CFDs and other speculative products to retail clients 1
    Madrid, May 22, 2017
    As a continuation of the CNMV Communication issued on March 21 on "Measures in relation to the commercialization of CFDs and other speculative products among retail clients", it is reported that the Cyprus Securities and Exchange Commission (CySEC), the regulator of The financial markets of Cyprus, in response to the request made by the CNMV, has issued a circular so that entities domiciled in Cyprus that trade CFDs, forex products or binary options in Spain, carry out the same warnings and actions as requires entities registered in Spain.
    With this communication, the CNMV may act in the event that the entities of the aforementioned country under the free provision of services regime do not apply the measures communicated by the CySEC in transactions with Spanish investors.
    See the full circular from the Cypriot supervisor: Click here.
    CYPRUS-BASED ENTITIES THAT MARKET CFDS AND OTHER SPECULATIVE PRODUCTS AMONG SPANISH RETAIL CUSTOMERS

  5. I do not recommend it because then they do not want to return your money, not recommended.

    health2

    1. Hi Edgar, thank you for sharing your experience with us. We will take it into account.

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