IronFX Reviews

4.4 Rating 211 Reviews
93 %
of reviewers recommend IronFX
4.4
Based on 211 reviews
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Asked by Håkan (1 week ago)
What strategy is the best for trading currency pairs when having a Premium account from IronFX?
Asked by Shahnon Hakam (2 weeks ago)
Absolutely any strategies you are comfortable trading with. There are many strategies out there, but if you are certain that they are profitable and effective enough, then you are free to use it.
Answered by Dadi Prayoga (1 week ago)
The premium account is a well-balanced account type, and its trading terms make it suitable for various trading strategies. There is no trading commission with this account, only spreads. So, it can be a good fit for short-term and long-term trading strategies. However, it is not an ECN account type, so if you want to scalp with this account, it is probably best to do with major FX pairs, where spreads are tight. For the other fx pairs, maybe it is better to keep your trades open a bit longer.
Answered by Grant Dube (19 hours ago)
What do you think about their academy? Is it really helpful for traders?
Asked by Cengkal (3 weeks ago)
Oh... The ironfx academy is incredibly helpful, not just to beginners, but to experienced traders as well. There are many advanced topics handled by their trading experts and a strong point I would like to make for them is that they are consistently up to date.
Answered by Kyle Greeff (2 weeks ago)
What do you think about the upcoming trading competition of the broker called The Battle of Traders?
Asked by Roemer Rikkert (3 weeks ago)
Wow, I think it is gonna be a crazy event in the financial industry. Most traders from all over the world are gonna battle with each other and I think it is a great chance for traders to show trading skills to everyone. I am going to participate in this battle too. I want to prove for myself that I am a capable trader!
Answered by Pascal B. (3 weeks ago)
Is it really beneficial to be part of the VIP rooms or is it just a gimmick?
Asked by Siphokazi Venter (1 month ago)
In my opinion, their idea to create these VIP rooms is great! I can't say that many traders have the same opinion as me because I haven't talked to each of them :D But I can say that I'm getting bored of trading. Even though I make a profit from trading, sometimes I'm just too lazy to analyze markets. And thanks to this VIP room system, I feel like I have additional goals. And now one of my goals is to reach a high level here.
Answered by H. Hardiansyah (1 month ago)
Well, at the beginning I was skeptical about this option. But one day I was like why not to try? You see, I have already been a customer for a substantial period of time and the broker treated me quite well in terms of feedback, trading conditions and overall infrastructure. So I tried it.Well, I am glad I made that decision and tasted the VIP room. With this feature I got these: -Market forecasts. The broker offers market research whose quality is on par with instituional. - Chat with an analyst. Every forecast comes with a special discussion panel and you can aks analysts your qeustions! So, you basically get 1-to-1 personalised support from broker's award winning team of experts. Through the chats I got valuable insights on market developments and utilized it to my advantage. I suggest you to try it out, I believe you will thank me later! It is more than just beneficial.
Answered by ethridge Patrick (4 weeks ago)
Which methods can be used for deposits and withdrawals at IronFx?
Asked by lesego Butler (2 months ago)
There is a solid number of such ones, actually, starting from the most well-known ones like credit/debit card, ending with digital assets like cryptos and even local agent as one of the options. In this regard, Ironfx provide customers with a full freedom of choice, as it caters to the needs of everybody. at least it tries :D
Answered by Hector Cruz (1 month ago)
What was the tightest spread you have seen on this platform and which asset was it for?
Asked by Frankie Dee Thay (3 months ago)
Man, I ain't remember seriously... I know for sure that I don't pay a lot of spreads and I see it according to my balance on the account. Perhaps, I managed to catch 0.3 pips, but it's very roughly speaking, I know that it was no more than 1 pip. It was a liquid pair... eur/usd or smth. In any case, I have an experience of trading different assets and for all spreads don't dilate much. I am focused more on fx majors so far, thus if you avoid high volatility, then spreads are favorable.
Answered by Chiradet (2 months ago)
Is it better to have an Ironfx account with fixed spread or with floating spread?
Asked by P. Satwant (3 months ago)
This is a kind of question that can not be answered straightforwardly. Both spread types offer their own advantages, and it's beneficial that IronFx provides the option for clients to choose. Ultimately, it depends on your trading strategy. Floating spreads tend to be tighter, but they are highly influenced by the market volatility and trading hours. On the other hand, with fixed spreads, you are at peace, whenever you trade you know the spread. They are preferred by traders with strict risk management strategies.
Answered by Manoj (3 months ago)
Depends. Some traders prefer fixed spreads. These are mainly those who don't open and close many positions within a day, so-called positional or swing traders. Others stand for floating ones, it refers to scalpers or day traders. So, define your trading strategy and style first, only then make up your mind about which spread type is better. It's actually simple, and everything depends on your preferences.
Answered by Ignacio (3 months ago)
Who is better to become on this platform: strategy provider or follower?
Asked by Himawan Pradipta (4 months ago)
I'm a bit lazy and yet willing to trust other people. So my choice is obvious. I am ready to copy trades of other traders. And to reduce risks, I copy trades of several Leaders at once.
Answered by Refiloe Masuku (3 months ago)
What tools can actually help me with my trading here?
Asked by Ricardo Mbele (5 months ago)
Dunno what you mean by the tools actually, if you are referring to indicators and stuff, there are literally tons of them on the platform and they can all be helpful depending on your style. If you're saying stuff outside the platform, the educationbal opportunities, the webinars, the VIP room can actually be helpfuil increase your level of profitability and the win ratios by a large margin.
Answered by JaKhel Cherry (5 months ago)
What’s exactly in the Ironfx Trading Central tool?
Asked by Bunaidi G. (5 months ago)
There are various analytical tools necessary for traders so that they can make more informed decisions. also they provide custom indicators for finding new ideas on the charts. In short, it's a valuable service,especially for beginners.
Answered by Raul (5 months ago)
What can you point out as an advantage of IronFx?
Asked by Norrathee (5 months ago)
Oh... Many functions can be considered as significant advantage of ironfx broker over others. For instance, VPS server which can obtained by fulfilling pretty simple requirements. Widgets, Trading central feature and other ancillary services seem to be something this broker can brag about. Trading here for ainda extensive period, I haven't even tried all the functions out. It speaks about the brokers versatility and it means it has way more advantages than other companies. Yeah, account types selection with flexible conditions is another evidence.
Answered by Chinedu A. (5 months ago)
How do I get into the VIP room? How beneficial is it for me as a trader?
Asked by Kanin Palapol (5 months ago)
Look, you only need to have deposit of at least $250 to get entry level in VIP room. As for benefit of entering this room, it is quite obvious.s I suppose you noticed that information about VIP room islocated in education section of the site. This is due to that those who are in the room company provides forecasts and analytics from experts.
Answered by Adriaan (5 months ago)
ANYONE TRIED THEIR MOBILE TRADING APP? DOES IT TRADE WELL?
Asked by Lesego Dube (6 months ago)
Wow, dude, you don't have to yell at us lol. Yes I have tried it and it works greatly on mobile. There's nothing wrong with the app, does not glitch, does not lag, displays the quotes without delay and trades positions with full accurracy.
Answered by Adriano J. (6 months ago)
STOP SCREAMING AND SHOUTING! Hahahaha, just kidding. Yeh, pal, I have tried their mobile platform simply cuz it was kinda nosy for me to test it out and evaluate the broker. You know, I have a kinda a short list of certain thigns a solid broker must have and there's a robust and optimized mobile platform in it. After trading for a while using their mobile solution, I just ticked in the box. Why I have this thing in the list? Sometimes I trade on the go, so it's quite a crucial criterion.
Answered by Bryan (5 months ago)
How do I use the trade copier tool on the platform?
Asked by Natal Fontes (7 months ago)
First of all, it’s not a tool, it’s a full-fledged platform made by Ironfx to facilitate the copy trading process. That's how I would describe it. To utilize it you just have to login into it either as a copier, or as a strategy provider. And the rest is just like on any other trading platform. I think if you trade yourself you will figure out.
Answered by Vahagn Aronyan (6 months ago)
Why Ironfx’s trading ACADEMY is so popular among the trading community?
Asked by Pramoj H (7 months ago)
This is a good question since the broker’s trading academy enjoys a really good reputation among traders. Why? First of all for the quality of the educational materials. They are written with an understandable vocabulary that even those without an economic or financial education background could easily understand. Second, the types of educational resources are vast, from ebooks to webinars, seminars and videos. Whatever your preferred way of learning is, you will have it with IronFx. Finally, there are resources for every level of experience. You can start from the basics of trading, but also you can sharpen your trading skills with subjects for more advanced traders.
Answered by FajarJaya (6 months ago)
I see no reasons for it not to be popular and hyped. Academy is all about education and important skills, even though some skeptical enthusiasts note that skills are all about practice. I assume that skills can be obtained in the theoretical form, too. Anyway, their academy is popular because of its versatility and comprehensiveness. It's a 100 in 1 solution, you dig? Courses, webinars, videos, e-books, glossary, and all these things are packed in one academy. For me that is the reason.
Answered by Zdeslav (5 months ago)
it is full of useful resources, you just need to take your time to go through and digest it, and i bet your overall level of knowledge will be improved and lifted, and this will project itself in your profits and portfolio P&L. knowledge is power
Answered by Bruno A (3 weeks ago)
Is the education here just for beginners, or can even experienced traders make use of it?
Asked by Sipho Nxumalo (7 months ago)
It is not just even the education, but the economic calender, and the news can be very helpful too. And yes, there is also materials for more advanced traders.
Answered by Adriano (7 months ago)
Do this dudes have commisions for openin short positions?
Asked by Leandro Salas (7 months ago)
No brother they do not have additional commision for opening the short position.
Answered by Nayan C. (7 months ago)
What is a tight spread in forex, and does Ironfx offers tight spreads?
Asked by Kartik Raj Memon (8 months ago)
The difference between the bid and ask prices is usually called spread, and closer that number to 0, is better. You can take a look at their web page, but I can tell you that they have really narrow spreads.
Answered by Sepiah (8 months ago)
Was it a very challenging thing to choose the account on this platform for you?
Asked by Thulani (9 months ago)
It actually wasn't, but if you are new to trading, you did not choose your path and strategy, yet, it is gonna be challenging for you. I will recommend you go with the one based on your experience, but if you don't have enough experience, talk to support. They are going to tell you what is the fittest one for you!
Answered by Chon Kukrit (9 months ago)
Have you had a chance to explore IronFX's various features and tools? Which ones have you found to be the most helpful in achieving your trading goals?
Asked by Mateus Z. (9 months ago)
Oh, I'm inspired by copytrading. According to me this broker service is very significant to generate income. I recommend to study this service and of course try it.
Answered by Atul Kaul (8 months ago)
As a newbie myself I definitely must say the educational section. Ironfx offers arguably the most comprehensive educational materials in the industry. On top of that the broker holds trading webinars regularly. And if you missed some then don’t get upset since even here Ironfx has got your back. You can watch the passed webinar videos on the broker's youtube channel anytime. Anyways if you need some forex trading education ironfx is the way to do it.
Answered by Anuthat Chao (8 months ago)
What would you say about the possible profitability in Commodities trading here, in terms of what you think about the cost of trading?
Asked by Ramon Campos (9 months ago)
I think the conditions here are quite favorable. I'll give you some proof: - Swaps for any commodity are 0. So by holding open positions for a long time, you won't make a loss. - The minimum contract size is 0.01. The step size is also 0.01, so you can flexibly adjust the size of your orders. The terms are quite favorable, as you can see. Considering all other broker instruments and services, this is an excellent offer.
Answered by Miguel Benito (9 months ago)
It depends when you are trading commodities that is the most important aspect. There is no big difference in trading costs but you are gonna have to think about the market cycle in order to trade commodities. When everything is okay people don't put much money there but when things go bad it is very hot. So if you take a look at charts you will notice what periods I refer to. Good profits!
Answered by Binoya Murthy (9 months ago)
What tool or feature of the broker do you think makes traders the most money?
Asked by Kevin Molina (10 months ago)
Without any doubt, it's the leverage option :P Leveraging allows traders to amplify their trading positions, potentially multiplying their profits. However, it's important to note that leverage can also magnify losses, requiring careful risk management and a solid trading strategy. So, while leverage can be a valuable tool, it's crucial to use it wisely and responsibly ;)
Answered by Kembang (10 months ago)
How can Market Buzz help traders save time and make better trading decisions?
Asked by Nanthit Temirak (10 months ago)
Oh, is that a feature from trading central? I examined it right after I joined this broker as it was super wondering for me to find out more about different functions here. Firstly, you are granted an instant direct access to the information about the assets you are interested in. You don't need to rummage a lot in tons of useless info. Secondly, I cherish this function for showing me trending topics where you can easily assess what's going to be hyped soon. Summing up, it indeed saves your time, otherwise there would be no sense for a broker to ensure this function and maintain its sustainability.
Answered by Aroon (10 months ago)
To be honest I have no idea what Market Buzz is. And if I have no idea then it’s not very useful in general, cuz all the tools that are in the Ironfx school are genuinely valuable for trading. Judging by the name Market Buzz is some sentiment tool to define the direction of the particular asset in the very moment in time. There are plenty of such tools out there and I don’t find them worthy of my attention.
Answered by Phumzile Koen (10 months ago)
What are the features of IronFX's trading platform, and how does it differ from the MT4?
Asked by Pramod Adulet (11 months ago)
First of all it can't be downloaded on the desktop, unlike the MT4 which is available for downloading on your computer. Ironfx platform can be used only via web application or mobile one. Secondly, of course the dashboard, icons location are also different, otherwise there is no sense to provide more than one trading paltform. All other features are pretty similar, all tools are available for technical analysis.
Answered by Nuur Shabani (11 months ago)
First of all, the Ironfx platform has only two versions: webtrader and mobile app. Whereas Metatraders have also a desktop version in addition to the two mentioned. Other then that I also know that the Ironfx webtrader somehow syncs with the MT4 platform so that you can trade on MT4 while using the Ironfx webtrader. Sounds a bit complicated but in practice it’s not that hard.
Answered by Nawfa bin Awaatif (10 months ago)
Yes this broker has several trading platforms. And every client of this company can choose the platform that suits him best. As you correctly pointed out in your question, apart from the MetaTrader platform, the broker has its own application which can be used to trade in the financial markets. The main advantage of this trading platform is that it can be used on a smartphone. That is, all trading activities can be performed using a mobile device and you do not need to be in front of your computer. Yes, the MT4 platform has a mobile and web version. But I am sure that there are traders like me who think that the mobile version of MT4 is not as convenient as the broker's own platform.
Answered by Jumaat b (10 months ago)
Which account to choose in order to trade equities? Which one suits best?
Asked by Javier Moreno (11 months ago)
I trade equities and other CFDs on "VIP Live Fixed Spreads Account". This account offers tight fixed spreads, which can be beneficial for trading equities. Additionally, it has a reasonable minimum trading lot and no commission, making it a cost-effective option for trading. Furthermore, the account offers a nice leverage, which can provide more trading opportunities. As of now, I am content with this account and would suggest it for equity trading. Nevertheless, since I have not traded in other areas, my ability to make a comparison is limited; thus conducting your own research is advisable.
Answered by Hj Che Meor (11 months ago)
What is the point of giving the client access to Live accounts if the broker has STP/ECN accounts?
Asked by Tugiman (11 months ago)
There are many factors that urge people to choose live accounts instead of ECN/STP. For instance, live accounts are characterized by bigger choice of base currency, higher leverage and some other crucial for traders things. Undoubtedly, order execution is far more speedy if we talk about ECN/STP accounts, nevertheless, when you are trading you barely notice the difference in order execution. Everything is because the broker did its best to ensure smooth trading for its clients regardless of their choice.
Answered by Fernando (11 months ago)
It all depends on the trading conditions you need. Specifically, it depends on what trading conditions you need for your trading strategy to bring the maximum return. Live accounts have advantages over STP/ECN accounts. That's why the broker gives maximum opportunities to its clients.
Answered by Yogesh (11 months ago)
What is the fundamental difference between STP/ECN accounts and Live accounts?
Asked by Benjamin (11 months ago)
ECN or STP accounts have a different system of order execution which differs from the traditional system used on Live accounts. This system is characterized by the fact that orders go to the interbank market directly without intermediaries. Thus the speed of execution of these orders is higher than traditional ones.
Answered by Singnum S (11 months ago)
Did anybody find something useful in the Ironfx school or there is just information for newbies?
Asked by mohamevo (11 months ago)
I once read the opinion of an experienced trader about it. He wrote that education no matter how simple it is can show weak points in your knowledge about trading. And this trader recommended even the most experienced traders to constantly repeat theoretical material and try to develop their skills. That's why I think that material provided by this broker can be useful for traders of all levels.
Answered by Lokman (11 months ago)
Have you used vps hosting here? If yeah, how is it for ya?
Asked by Kyle Ngema (1 year ago)
As in everything related to trading, the main thing is the result. So VPS hosting copes with its tasks. And my Expert Advisors bring me a stable profit.
Answered by Thulani (10 months ago)
What is the margin requirement for trading commodities here?
Asked by Muntasir (1 year ago)
That depends on exact type of commodity you are looking to trade. If you wish to trade oil for example, the minimum is 1%. For the other ones it is usually 2%. And note that on a STP account, it is 4% for all spot commodities
Answered by Castro D. (1 year ago)
What platforms are available here?
Asked by Damian Vargas (1 year ago)
IronFX has got you covered with a variety of trading platforms to choose from. For Forex trading and CFDs, MetaTrader 4 is the most popular option, with more than 200 instruments across six distinct asset categories. If you're looking for a convenient and efficient way to access the financial markets, you can try out the IronFX web-based platform directly from your browser.
Answered by Clint Mulaudzi (1 year ago)
They offer Metatrader 4, Webtrader, mobile versions of these platforms. Besides this, they offer a special platform for copy trading – TradeCopier.
Answered by Vaibhav Lata (1 year ago)
What education do you offer?
Asked by Domingo (1 year ago)
IronFx has a comprehensive trading school, in which the broker offers various types of educational themes ranging from learning about forex in general, forex strategies, trading for newbies, trading for professionals, videos, and a trading glossary, which traders of all levels can draw on and broaden their knowledge base with.
Answered by Rama Ornlamai (1 year ago)
Is it easy and free to open a demo account here?
Asked by arthur robert (1 year ago)
Sure, follow the instructions on the official website, it is very easy.
Answered by Teh Ring Mou (1 year ago)
I never faced a broker that would have had sophisticated process of opening the demo account. Perhaps, such ones exist, because the market is immense, nevertheless, everything that concerns this process on IronFX platform is extremely simplified. The broker does everything to ensure convenient atmosphere and it also implies the process of registration and opening the demo account. And, of course, it's free of any charge, otherwise it would be a nonsense.
Answered by Rene Tladi (1 year ago)