IronFX is an STP broker founded in 2010 with its head office in Cyprus. IronFX regional offices are located in the UK, New Zealand, Australia, Russia and Ukraine; in all these countries, the broker has the appropriate licenses. Below is the data on IronFX licenses in these countries:

  • IronFX Global UK Limited – Financial Market Management Service (FCA) License No.585561.
  • IronFX Global (Australia) Pty – ASIC license No. 417482.
  • IronFX Global NZ Limited – FSP license, registration number FSP298966.
  • IronFX Russia LLC – CRFIN license No.A-8.
  • IronFX Global (Ukraine) LLC – UKRFIN license No. 5.
  • IronFX Global Limited is regulated by CySEC (license number 125/10).

Special offers and bonuses

There are a lot of bonuses, promotions and contests on IronFX. Let’s talk about them separately.

1) Bonuses. When opening an account, traders receive a welcome bonus of 60%. For already registered traders, there is a rebate (2-3 dollars for each lot of a Forex or metal market instrument). The exact amount of the rebate depends on the number of lots traded.

2) Contests. Contests are held on both demo and real accounts. At the moment, a competition is taking place, the main prize of which is a VIP ticket to Hawaii or $ 20,000 in money. For the 2nd place, a 5-day trip to Hawaii or $ 10,000 is offered, for the 3rd – a trip to Hawaii “no frills” or $ 5,000. All vouchers are issued for 2 persons. As for the contest for demo accounts, here the winner receives $ 2,000 or a trip to London, the silver medalist receives $ 200 and a free Forex trading course, and the bronze medalist receives $ 50 and a free course.

3) Promotions. Periodically, various promotions take place on IronFX, for example, those who trade the right number of lots are awarded iPhone or iPad devices.

Types of trading accounts

There are many different types of accounts on IronFX, so everyone will be able to find something to their liking. All IronFX trading accounts can be divided into real accounts and STP accounts.

Real accounts

1) An account with zero spread. Multi-currency account, ECN, with a floating spread and commission from $13.50 to $43 for 1,000,000 units of the base currency. The minimum deposit is $500, there is no limit on the maximum deposit. The leverage is 1:500.

2) The “Micro” account. The deposit on the Micro account cannot be less than $500 and more than $10,000. The minimum position size is 0.01 lots, the leverage is 1:500. The perfect score for beginners. This account is a multi-currency account: you can open it in pounds, dollars, euros, rubles and other currencies.

3) Premium account. The minimum deposit on this account is $2500. The leverage is 1:500, the minimum transaction volume is 01 lots. This account is also a multi-currency account: you can open it in pounds, dollars, euros, rubles and other currencies.

4) VIP account. This account can only be opened in US dollars. The minimum deposit is $20,000, the leverage can also reach up to 1:500. The minimum position size on the VIP account is 0.1 lots, the floating spread starts from 1.4 points.

5) Social trading account (requires opening an account on Sirix).

STP Accounts

There are two types of STP accounts available on IronFX:

1) STP account without commission. Spreads from 1.7 points, minimum position 0.01 lots. No commission is charged. The leverage is 1:200.

2) STP account with zero spread. Floating spread from 0 points, minimum position size 0.01 lots. For every million units of the base currency, a commission of $13.50 is charged. Leverage is 1:200.

The minimum deposit required to open both accounts is $500.

Trading Platforms

There are two types of trading platforms on IronFX:

1) Trading platform for Windows/Mac or web platform.

2) Mobile platforms.

  • The IronFX MT4 Platform has two versions – for Windows and for Mac. These platforms are downloaded and installed on desktops and laptops. OS requirements: Windows Vista, Windows 7 and above or SO X 10.x and above.
  • IronFX WebTrader. An online platform that works in any browser. Online platforms also include the Multi-Account Manager and Multi-Trader platforms.
  • Mobile platforms. BlackBerry BB10 Trader – Compatible with BB10 OS and above, Android Trader, iPhone/iPad Trader and PMAM Windows Trader. All these platforms are based on the MetaTrader 4.
  • The IronFX Sirix WebTrader platform is used for social trading.

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