Forex Broker

IronFx review


On-line since: 2010
Country of origin: United Kingdom
Regulation: FCA, ASIC, CySEC, UCRFIN
Payment options: Wire transfer, Credit/debit cards, Skrill, Neteller, WebMoney, QIWI, MOTO, Yandex, FASAPAY
Minimum account size: $500
Minimum lot size: 0.01 lot
Leverage: from 1: 1 to 1: 500
Spreads: from 0 pips on EUR/USD

About the company:

IronFx - one of the world's online trading leaders in the Forex market. IronFx provides traders and institutional clients in more than 180 countries in Europe, Asia, Middle East, Africa and Latin America. The company has received numerous awards. IronFx has more than 60 offices around the world, employing more than 1,400 professionals providing assistance to the company's customers in 45 languages.

IronFx 3/10 (votes 2651)
Author of IronFx: Oscar | Date 2019-12-11
I will not continue trading with Iron Fx again. They blame me for my loss. The truth is that their internet network is unstable. I lost $674. The amount is quite expensive for me. I've tried to contact support team many times using the live chat but no one answer me. There is always the same message saying the support person is still with other customer and ask me to wait. If they not fix in in this week, maybe I'll close my account and find other brokers. just be careful.
Author of IronFx: Maulana | Date 2019-09-06
I started to trade with this broker few months ago but I had to leave it because they put several problems when you want to withdraw earnings. Deposit process was good and fast but when I requested a withdrawal they asked for documents and I did sent documents when I verified my account, so I don’t understand why the reason is. Anyway, I sent again the documents they wanted but they rejected them all the time, so I have $400 in that account that I couldn’t withdraw so far.
Author of IronFx: Riazul | Date 2019-03-03
I have suffered in trading with IronFx's MT4 platform. Till now I can't open or close my deals on time, always the price quote slipped 10 -20 pips. Therefore I can't customize an EA on the platform, I have tried but EA didn't work. As all of my orders go opposite, so I have lost almost $200 and trying to withdrawal rest invest and profits via Wire Transfer so far. But I am failed with IronFx broker. So I say they are not safe for trading in the market.
Author of IronFx: Leandro | Date 2018-12-12
I was trading with IronFX's more than two years ago. I had up to $500 investment in a Micro Account. But when I have found her guilty on the MT4 platform, then I have come back to InstaForex broker. Now I am so happy. As I have remembered that their EA trading isn't good. They closed all of my profitable trades by given terms. If I had running trades then they were also closed their deal without any notification. So I had lost $1.2K, which give me shock web till now. I say this kind of activity proved they are unprofessional and didn't care about their clients.
Author of IronFx: UlatryPips | Date 2018-10-02
IronFx is one of the cheapest broker around the world. I was running my scalping EA profitably. I made profit around 245 within four EA using my Customize EA . But form last week my EA is not working anymore. I couldn't solve the problem, so I contact with their live support and they said I can’t use this expert advisor but they did not disclose the actual reason. Today I received a mail stating that it has been found that I am an abusive trader. I hope karma hit them hard one day.
Author of IronFx: Nuruzzaman | Date 2018-07-30
I have to deal with IronFX's more than one year. When I invest money, they were good but when I tried to EA trading, they closed all of my profitable trades without issue. I have an IronFX micro account when I want to open a position by the EA the MT4 platform didn't work. If I have running trades by the manual trading they were also closed without any notification. So till now, I have lost $235 for such kind of scam activity. So I had failed to trade with them and Finally withdrawn my total invest and profit. while the withdrawal was proceeding five days through Skrill. So I will avoid trading with IronFX broker in future.
Author of IronFx: Meganpips | Date 2018-05-24
I had an account with IronFx for 6 months, they changed their servers or something but the platform has delays very often. I was trading with a standard account and a first deposit of 500$. The spread should be 0.2 on average for EUR/USD but since they changed something ( the support team said there is nothing changed ) the spread is crazy during volatility times goes up to 1.8 pips. I traded and had a profit of 400$ in total which I managed to withdraw after the first two months and the next couple of months I lost all my deposit. I closed recently the account.
Author of IronFx: Torena | Date 2017-12-28
I started trading on ironfx with fully bad experiences. My trades were executed at the delay. I get big slippages too. Their connection was so bad, I can not execute as expected. I lost more than 50usd already and it is not healthy for a beginner like me.
Author of IronFx: gessel | Date 2017-11-22
Ironfx is just an average broker that provide me poor services. I only trade with them for 3 months only to try their systems whether it suit with me or not. I don’t like their initial deposit amount because it 500 USD is quite huge amount for me and newbie that don’t have much money to start trading. leverage that provide also not good because it will limit my lot size and I have to be careful during trading to avoid my position from beings stop out if the position in negative floating. Deposit and withdrawal transaction is slow not like they mention on websites which is it takes 5 days via wire transfer not 3 days. Spread is good at normal time but during economic event that have high impact, spread will widen up to 3-5 pips for major currencies. Their bonus deposit not support the margin which is not worth to claim. All in all IronFx is not a recommended broker from me.
Author of IronFx: Flameri | Date 2017-09-25
I think IronFx is no more reliable and you can still have other option if you all decide to trade forex. I have quite a bad experience on last week with Iron Fx when my EA has been set for sell order during EUR/USD position on the platform. It should be a profitable one and it showed $200 profit in transaction. Unfortunately, when I tried to close the position it has been blocked. With all of sudden, platform also got frozen without any reason, in fact no news release during that time. I continue the trade but all the pricing has changed and dropped furthermore I was lost $100 because of that problem. Finance department not even responsible but just to ignore my mail when contacted to them. It was a neglect by their side and I really not believe IronFx who’s manipulating all those thing!!!
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