Unexpectedly, the VIP trading room turned out to be very good. There are a lot of insights about markets and assets.
I stopping wasting much time on the charts, just taking a look for a few seconds is more than enough now. By the way, it seems you're still behind other competitors. I've seen other brokers implementing AI market analysis and AI take profit and stop loss orders...
Risk tools are accessible. Negative balance protection gives me peace of mind because I had an experience of blowing an account before with a shady platform. Here they offer advanced analytics, so-called VIP trading room. Reading their market insights saves me time from manual analysis. This helps me to react faster and capture profits across different markets.
I deposited 5000$ on real account and traded two days on gold after earning profit about 5000$ i request withdrawal but they blocked my account and minus all the profit I received without any acceptable reason.
There reason was only this that your trading activity is arbitrage.
If any one want i will send complete video of my trading you can check if there is problem or not on my trading.
Supporting team didn't answer properly they only said broker has sent you email that is our response we can't do anything for you.
I saw that the age of this broker is 15, man, they are going to become adults in three years which is crazy. The longevity says everything for the reliability part for me, the regulations just confirm my point.
When I first made a deposit, I got the bonus on top of my money. Used it to open bigger positions, and cashed out when I reached my goal. Now made deposit again and continuing
For learning and trading while learning. This is what i do currently. Just wish there were signals with analysis provided, that would have taught me how to do mine analysis faster
If I am saying overall - it's positive.
Because I trade stocks and they are affordable and very easy to trade. Support is helpful too when you write in live chat.
I personally value the real-time order execution especially when it comes to handling multiple open positions.
So far it's been swift. Great for my EUR/GBP scalps.
My verdict: effortless.
Who would have thought that gold will be back to major bull market.
WIth 0,1 average spread I am getting good intraday trades. But be careful during economic data releases
Turns out you need to confirm your status and ask for confirmation. The whole account process looked a little bit overcomplicated to me. Tax residence, employment details, didn't face such a thing before. But this stress was worth it at the end of the day. Trading terms and tools the broker offered, suited my futures trading well. Market ideas were smart.
Yeah not the most modern platform I've heard about. I was patiently trading despite this. Nice trading costs, education and support, those things was worth to get along with mt4
Since thye are so old, they have the biggest library of materials on trading, pretty much. This alone puts them above 3 on my scale. Trading itself, works ok, not much to say
Firstly, their support agnets were encouraging when i was about to start my demo. Then they explained the nuances of their fixed/floating spreads accounts.
I traded gold - dope conditions: spreads didn't bite and dance during my trading hours.
If you look for payment methods on their website, there is no information about it. This is a mistake, they should provide this important information. Especially when I know that their payment system is seriously good and advanced and they have plenty of payment methods integrated with. Almost all widely used payment methods are available
I got treated well as soon as I walked into this broker :D I got a depo bonus of %100, which doubled my account size right away. At first, I didn't realize that those bonus funds couldn't be withdrawn. Yet, the profits made can be withdrawn without a problem, which I essentially did. My request was approved quickly, and I received my money in just two days.
I checked order execution on stocks and gotta say IronFX held up decently here. I was especially impressed with the platform stability during CPI and PPE data. There was a huge gap on Apple and Nvidia stocks, and luckily spreads remained stable without widening too much.
I'm not gonna scalp here but for usual trades? No questions and I'll see where we will be in the next 3 months.
Been trading for a while on it's platform and started trading here cause of the terms on raw ecn acc. But now found extra value in their trading academy. Good for pro traders, too
It's a bit tricky to choose the best fit… differences are no clear enough, or maybe i don't understand properly. Ecn vip for example looks good in theory, but in practice it's not an upgrade from the standard acc. This is my opinion and this made me choose the standard acc in the end. Spread are decent, and there's no commission.
During about 6 months of trading with ironfx, I had good impressions firstly about their support team.The managers guided me through the platform.
Depositing also was positive. I made it using btc. Was quick.
Trading itself is steady. I liked the tools especially - such as featured ideas and market buzz, was informative enough before placing orders.
Mt4's fine. Charts r too
I do trading of my daily currency pairs here and mt4 is second to none imho. Old time platform but it's its strong side - reliable and credible with a big community of fellow traders. Cool ironfx offers it.
Lemmete tell you a little bit about them, they've been in the trading field for more than 15 years and it was one of the crucial reasons why I joined and trust this broker 100%. They survived in high-tense competition, millions of brokers go bankrupt on average after 3 years because they can't stand competition. Also, they regularly hold trading contests among customers and it's always a pleasure to participate in. And of course, as a rookie trader I love their education section, online webinars give me a lot of insights.
Using this one for weeks.Found their vps pretty handy-negligible downtime for my mt4 setups.Overall it handles hands-on exec well.Think it's comfortable for those moving from entry-level to mopre tactical setups.
Every time I do my trading on their platfomr, I have only good vibes. I focus on trend following, specifically bearish ones - rectangles for major pairs, and it's been smooth. The platform performance is flexible, lots of tools, and I use different indicators for different timed setups.
When I started, I didn't have issues with deposting. All works as described on their website. If you're a rookie, I suggest using their demo first because it's good, works same way as the real trading. And I like the support because it's:
Fast
Reliable
Works regularly
Yeah, broker is a decent one. Fees are not tight depending on the account type and reliability is on point. However, where is the variety of platforms?
I trade economic releases, FED,. Etc. Sometimes even stock earnings. I liked their blog, but right now, I don't follow it anymore. I am experienced enough to just trade thjrough the integrated economic calendar. It has real-times updates, so for news trading its mandatory now. And the alerts... Without them, probably wouldnt be able to trade anymore.
Found the broker via reviews... got itnerested as manby praised it.
Did my own reseearch, all seemed good to me. But could not understand VIP program structure, so had to contact support team - they replied fast and explained everything step by step... Thank you gus from CS, saved me a lot of time.
In general, really solid broker.
I was glad to start my journey with this broker. Demo, tradecopier, wide range of educational content, metatrader trading bots (at last my degree in computer science helped me something lol). Hard to list everything. Currently, I learned index futures trading intraday. Already made 2-3 withdrawals, works fine.
Ironfx was at first just a platform where I listened to podcasts and watched their live webinars. Once I thought I'm ready, I opened an account with them. An easy process, no more than an hour was spent. Turns out real trading is much harder and better to trade majors, since spreads for exotic assets are higher… Btw, no delays in execution form the broker.
The broker's platform is affordable, didn't take much money to start my trades. What I like about them is that:
They let me trade many assets.
They offer many different accounts.
Bank wire withdrawals - safe.
Trading itself is steady (I registered my raw ecn account). Applying leverage accurately - has worked well so far.
Webtrader has been as effective as the standard mt4
I'm a momentum trader, I focus on large-cap equities, thankfully plenty of them here. Other brokers for equities didnt allow me to set my S/L targets, to layer them, and there was no trailing stops, but here, I managed ot set them up. This alraedy makes it better for me.
Really enjoyed the Trading World Cup that they organized because of the football tournament that was going on. I'm not a big football fan at all, but the 40k prizes, and the +200%, and not to mention the Ferrari, got me pretty hyped.
DIdnt win anything, ofc, but it was one of the best weeks of trading that I've ever had, very productive and motivated. I think tournaments like this help a lot. Would not mind seeing more.
I traded gbpjpy, sometimes silver sessions as well. I like that
//my orders didn't feel lagging like i had sometimes with my previous broker
//support answered my questions well
Well, I have created only one opinion about the broker, after some time using it. One of the best brokers that have only MT4. And it's not because of their solid education and additional services, like free vps (if you had 5k deposit and more), communication with real prop traders. I think it's more about conditions they could offer for my trading. Even more precisely, their ecn raw account with $6 commission, note that it is per lot. For the gold, it's a winning deal, in terms of costs. And leverage which wasn't lowered much because it's a raw account….
I can say that. I mean I always contact the support first to see how they'd react.
The broker's support made me think they can be trusted. Explained their account strcuture, what each type would be best for etc. They even mentioned what can be tricky when choosing the account. I liked they let my intitial doubts dissappear. Withdrawals work steadily too.
Ironfx seems like an only broker which gives a deep emphasis on education.
You can see that in their webinars, they are always in live trading style. The first part is learning the basics, but the second part is about live trading. They react to market and show that in reality, your trading can be under the influence of many facrtors, and markets are different as well. This is why I apprecaite them much and try not to miss any education, it's free
Ironfx has a whole education center with the materials that they have. Not only written articles, but live webinars with some professional traders as well. The info they give is precious, I have a whole notebook where I wrote down the tips lmao. But the thing they have that made the most impact for me is the trading psychology lessons. This is the topic that needs to be studied hard!
Both floating and fixed spreds.
Both are ok, for me fixed spreads are slightly better. ITs becasue I can see the spreads at all times. Stability is better than fluctuation
I was inbeetween choosing the account, and fixed seemed like a good choice at first. But then I changed my decision to floating standard. It's because I trade some forex minors as well like audchf and audcad so I went on and checked the spreads. The standard had 4.4 on average while fixed was 7.4, and I think this was the decider for me. It's because these pairs are not that popular so they have less demand and wider spreads. For forex majors, I still think going with the fixed account makes more sense because no matter what majors gonna havetighter spreads.
Already 15 years passed and 16th year for ironfx. After 1 decade I think each year means more and more reputation and legit.
Most important thing for ironfx now to be innovative and keep going with services. If you ask me, then I would start adding mt5 to make thinsg more modern, and I'll keep up wth regular lessons on youtube.
I've been trading fo a while on the ironfx platform and gotta say - they've worked much with their educational resources. Using that weekly - webinars, seminars, articles
The part that needs some innovation is platforms, they can start by adding mt5 and that would be a needed change. But on the dimension of educaiton, it's hard to match ironfx becasue they have regular webinars and those target all the different topics.
Trading crude oil - justr all are talkibg abt middle east tension, I could resist the hype, heh.
Good that the broker offers high leverage... but I miss METATRADER5
I wanted to start running EAs on the MT4, and it was something new to me. I've never worked with algorithmic trading before, so yeah, it's my first time, I created the EA based on EMA indicator and averaging strategy. It was working nicely, but I needed to keep the EA trading 24/7 and that's when I found out about the VPS server.
I reached out to support to ask more questions about it. They explained all the subtleties and how to take the most out of it. Actually, it was quite easy to connect the platform to the VPS, you have to be just careful during unfolding files.
The broker has been for many years, it is safe and trustworthy... For the period I am here, no complaints from my side at all. I use desktop mt4 platform. For trend detection I use MA20 and MA150, if both are up and MA20 is above MA150, the trend is bullish.
For example:
Fixed spreads that could effectively used in volatile trading sessions
Futures cfds, much better than cash indices for my strategy, was worthy to even pay additional commission for them
Metatrader4, still better in my eyes than these modern platforms
Broker's age, ironfx was established long before the pandemic.
Here are the actual reasons behind my rating:
- Order execution maintains stable speed with no requotes
- MT4 is the only platform (for me it's good, for some it might be a drawback)
- Spreads remain within acceptable thresholds even during volatility
- Big min depo for better accounts
- Quick withdrawals
As Steven A Cohen said "I love volatility" me too :D, I actually thrive.
The recent tensions in the middle east craeted tremendoung trading opportunity in crude oil market.
Take for example, the recent breakou from the multi-year bearish channel - I think the channel has lasted for 3-4 years. The breaout is going to 100$ + /barrel teritory. And I am holding long positions. Leverage is decent here, for oil futures x200 and no swaps at all, just little comission...
The platform is great, has enough indicators and trading tools.
Très bonne compagnie. Je suis toujours satisfait de la façon dont mes gestionnaires de compte répondent à mes e-mails et à mes demandes, ils sont toujours prêts à arranger les choses pour moi! Ils m'offrent beaucoup sur les spreads et les swaps - vous ne pouvez pas battre ça. Les compétences de John en gestion de placements sont exceptionnelles et les rendements sont spectaculaires!
The broker is good, I have no complaints! Not only do they offer fast withdrawals but they also give me a lot of perks when trading. They keep me updated with the latest information so I know what's going on in the market and what stocks to buy! This will always be my number one go-to place for investing because there are many advantages being with them.
Date of experience: March 25, 2022
IronFX R.— IronFX Rep
over a year ago
Hello Karen,
Thank you for sharing your review. We are happy to hear that your overall experience with us was a good one. Thank you for taking the time to post your feedback.
This fairy tales about IronFx not doing withdrawals anymore are completely nonsense. Yes. They scared me the past weeks, because i had £22K at my account but i got my money back.
I started to transfer some money out of my accounts in IronFX and got into real withdraw problems since 22-September-2021 (over a month). I called my "account manager" and he gave me some vague explanation of delays in the payment. I wrote several claims to FCA and Cysec as well as Ombudsman, they were all just giving unavailing responses for weeks.
IronFX attempted to help this customer through the SmartCustomer Resolution Center, but the customer did not respond
Date of experience: December 13, 2021
IronFX R.— IronFX Rep
over a year ago
Hello Marcin,
We're sorry to hear about the negative experience you had with IronFX. We take all customer feedback seriously and are committed to ensuring that our clients receive the best possible service.
We understand that you experienced difficulties with your withdrawals and that your account manager provided you with vague explanations for the delay in payment. We apologize for any frustration or inconvenience this may have caused you.
We would like to assure you and all our clients that we take all necessary steps to ensure the timely and accurate processing of withdrawals. However, due to various factors such as banking restrictions, market volatility, and regulatory requirements, there may be occasional delays in the processing of withdrawals.
We appreciate your efforts in raising your concerns with the FCA, Cysec, and Ombudsman, and we will continue to work closely with these regulatory bodies to ensure that we comply with all relevant regulations and standards.
If you have any further concerns or issues, please do not hesitate to contact our customer support team at [email protected], who will be happy to assist you.
My account number is *******. IronFx tried to take advantage from Muslim account by complain about SWAP free abuse. I am a long term trader. IronFX Live chat allow me to hold position for maximum 10 days, so I hold my position for 10 days. I always ask before trading especially exotics currency. IronFX live chat said yes, no problem. On October 21,2021, After I got profit $3710, IronFX took all my profit away, and complain about my SWAP free account.? To all Muslim traders, please stay away from this scam broker as far as you can. IronFX will take advantage from you whenever you get profit. IronFX will find a way to reverse all your profit away. It is the way they run their business.
IronFX attempted to help this customer through the SmartCustomer Resolution Center, but the customer did not respond
Date of experience: November 10, 2021
IronFX R.— IronFX Rep
over a year ago
Hello Wut,
We apologize for the inconvenience you have experienced with our services. Please note that we treat all our clients equally. As an authorized and regulated brokerage, we have strict policies and procedures to ensure that we comply with all regulatory requirements.
Regarding your specific case, we would like to investigate this matter further and assist you in resolving this issue. Could you please provide us with your account details at [email protected] so that we can look into this matter promptly?
We take all client complaints seriously, and we strive to provide the best possible service to our clients. We hope to have the opportunity to address your concerns and restore your trust in our services.
I've been using IronFX for about one month, account type is "Zero Spread". In one word, I think this FX broker is between middle and bad.
The experiences about customer service, deposit, withdraw are not so efficient. For example, you need to wait for several hours when using credit card deposit. But all these are still acceptable if not in urgent.
The worst experince is the most important part, TRADING! I'm trading on MT4. I found that my order price is quite different from the price shown on MT4, usually you'll get 1-2 pips loss! It should not be the slippage, because most of the time, the markt didn't move rapidly while making the order. This "strange price" problem will always happen. According to my trading history, about 90% of the time, you'll encounter this problem.
By using "zero spread" account, you've already been charged about $20-30 per lot, unfortunately, you'll be "charged" another $10-20 because of the strange price. So, it's hard for you to use their platform to make profits, especially for scalping trading. I've asked them to compensate my loss, but the result is, they think it's the slippage. Um... 1-2pips slippage... please leave this broker!
I don't want to put the trading history here, it's too much. But if you want to see the evidence, please send me your email address.
IronFX attempted to help this customer through the SmartCustomer Resolution Center, but the customer did not respond
Date of experience: September 15, 2021
IronFX R.— IronFX Rep
over a year ago
Hello Ex s,
Thank you for sharing your experience with us. We're sorry to hear that you had a negative experience with our trading platform and customer service. We take all feedback seriously and will work to address the issues you've raised.
Regarding the price discrepancy you mentioned, we assure you that we do not manipulate prices or engage in any fraudulent activity. However, there may be instances where market conditions cause prices to fluctuate, resulting in differences between the price you see on your trading platform and the actual market price.
We'd be happy to review your trading history and investigate the issue further. Please send us your account details and any evidence you have to support your claim to our customer service team at [email protected]. We'll do our best to resolve the issue and ensure that you receive the best possible service from us in the future.
Thank you for bringing this to our attention, and we apologize for any inconvenience caused.
It is clear that ironfx.com does not have any license, it does not even pretend to have a license on it's website. The problem is that they ring people up and pretend that they have a license in the client's country. They have licenses in certain countries under slightly different names but they get the client to join ironfx.com which has no license. If you try to register with ironfx.com.au the website does not have Australia in the list of countries where you reside. They will tell you that they have transferred you to the version where you reside. If you email *******@ironfx.com to clarify where you stand, they will not reply.
IronFX attempted to help this customer through the SmartCustomer Resolution Center, but the customer did not respond
Date of experience: December 10, 2020
IronFX R.— IronFX Rep
over a year ago
Hello agilan,
We appreciate your feedback and apologize for any inconvenience caused. We would like to clarify that IronFX is a regulated and licensed broker under several authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority in South Africa (FSCA)
Our licenses are clearly stated on our website and can be verified through the respective regulatory bodies. Regarding your concern about the registration process, we would like to assure you that we comply with all relevant regulations and requirements in each jurisdiction where we operate.
If you have any further concerns or inquiries, please do not hesitate to contact us at [email protected].
I have never been so pleased with the support I got from a broker before. IronFX has always been willing to help with any issues I might had had with my account. Everything is going well and as a beginner I feel I have the help I need to trade the markets without any worries.
Date of experience: October 26, 2020
IronFX R.— IronFX Rep
over a year ago
Hello Ravi,
Thank you for sharing your review. We are happy to hear that your overall experience with us was a good one. Thank you for taking the time to post your feedback.
I came across this and thought I should say that Ive heard about scam brokers, but IronFX is reliable. Ive been trading for the last 3 years and had no issues. Fast execution and good leverage on most pairs. Fast execution without slippages, will recommend
Date of experience: October 12, 2020
IronFX R.— IronFX Rep
over a year ago
Hi Ankit,
Thank you so much for taking the time to leave us a review. Please be sure to inform your IFX expert of any issues you may have.
I have seen many negative reviews of this company and they are mainly from the past. They have been changing for the better and making sure to have better customer support and making things right.
Answer:The best account for trading gold is definitely ECN VIP for a simple reason. The average spreads for gold is 1.1 pips, whereas commissions are not charged at all! So, you are left with the really tight spreads only. However, it might be pretty difficult to get it for an average person, so I would suggest you to go with a Raw ECN account. Spreads are literally the same, though you will be charged commission fees.
Answer:Il existe de nombreux outils qui peuvent améliorer vos opérations de trading. Pour tout le monde, ils proposent des webinaires, des podcasts et des articles sur le trading. C'est vous qui choisissez le format. À mon avis, ce sont les connaissances les plus utiles que vous pouvez acquérir grâce aux webinaires, car il s'agit simplement de sessions de trading en direct, animées par des experts financiers ayant une expérience réelle dans des sociétés de trading et des fonds spéculatifs. Apprendre d'eux est bien mieux que de suivre un autre gourou sur YouTube.
Mais si vous avez les moyens, vous aurez accès à de puissants outils d'analyse technique et fondamentale, ainsi qu'à un chat direct avec des traders et à des demandes d'analyse. Comme je l'ai dit, il y a beaucoup de choses, vous choisissez ce qui vous intéresse le plus.
Answer:It’s not a prop firm, it’s a well-established cfd broker. Obviously, they would allow everything, unless you don’t use any market manipulations and software weaknesses. But algo trading and new trading can’t belong to this category, especially when the broker offers metatrader, a famous platform for algo trading too. As for hedging, I think it’s better to talk with their support. Usually, brokers are not against it in adequate amounts. Not like you open 10 orders, 5 for sell, 5 for buy. I guess this would be too much
Answer:It’s not a magic pill that you use to become a better trader. In my case, only experience and practice, under valuable advice from experts. What made this particular academy to shine, is an opportunity to communicate with real prop traders. Sure, you need to have a good deposit for that, but I was ready for sacrifices. Credible information is what this industry lacks and you need to pay some price for that. Hopefully, it was a deposit, not a subscription lol. Few talks were enough to build an edge and choose the right direction. Then, I created my own trading strategy, inspired by TA from live webinars and since I made gradual steps to become a better trader. Not generating millions, but at least have positive P&L and consistency.
Answer:لو كان أحدهما أفضل بشكل مطلق، لاختاره الجميع، أليس كذلك؟ لهذا السبب يوفر الوسيط عدة أنواع من الحسابات بشروط مختلفة تناسب احتياجات المتداولين، لذلك لا يمكنك القول إن أحدها أفضل من الآخر. فالمتداولون الذين يفضلون فروقات سعرية منخفضة جدًا ويعرفون بالضبط ما يدفعونه، سيختارون حسابات ECN بعمولة، وأما المتداولون اليوميون أو من يفضلون البساطة، قد يفضلون حسابات بدون عمولة وبفروقات سعرية عائمة.
Answer:Ironfx is a perfect suit for scalpers and it’s well known among the “scalping” community because of the customised accounts they offer for this trading style. They exactly deliver what scalpers want: raw and tight spreads, lightning fast execution speed and rare slippages. You wanna check the RAW ECN account type, you will be surprised by the leverage offer. It usually is around 500x for ecn account with most brokers, but here you can press the gas up to 1000x
Answer:No, not really. But there may be some fees which people don't expect, but those are there. For example, if you don't trade for a year or so, you may be charged $50 inactivity fee. Because they spend some resources to maintain your accoutn all this time, so it's fair.
Moreover, there may be 3% fee if you deposited the money and withdrew without trading. If you did it with bank tranfer, it would cover the fees for a broker.
Answer:It helped to understand that trading is all about experience and psychology. I didn’t need new knowledge or trading strategy, I needed some harsh trust… I was lucky to deposit exactly what is required (2k) for connecting the vip room and give a chance with real prop traders. It’s whole another thing when you talk with a pro. My eyes were wide open after a few dms.
As for practical side of education, I learned some new strategies like smart money and even implement it to my trading routine. More confluences, more odds to win. But core value is of course talks with prop traders and reshaping my mindset.
Answer:Honestly, I don’t trade usdjpy at all, but looking at it from the perspective of volatility, I think american session is more volatile than asia, so if you want to trade predictably, then asian session is for you, if you’re here to catch high market fluctuations, then american is best for you
Hi Jackie,
Thank you for sharing your IronFX experience. Much appreciated.
IronFX
Solid Trading.