IronFX Broker Review 2018

IronFX is an internationally active Forex broker based in Cyprus. This results in regulation within the European Union (EU) by CySec, the Cypriot financial supervisory authority. Unlike other brokers, IronFX allows traders to choose between a market making account with fixed and variable spreads or an STP-based account with a commission-only model. This makes it suitable for beginners as well as professionals. In addition to more than 200 underlyings, Forex Broker offers a large number of trading platforms, including MetaTrader 5.

You can also open an account with XM broker and get a $5000 bonus.


One of the biggest advantages of IronFX is the possibility to choose between a market maker or an STP model. Whoever chooses a market maker account does not pay commissions. The spreads are fixed or variable, depending on the selected account. With live STP accounts, the order is forwarded directly to a prime broker or a liquidity pool. The Forex Broker also offers two options for this option. Depending on the chosen account model, a commission of $7.50 to $23 is charged. In return, the trader trades raw spreads starting at 0.00 pips for the EUR/USD and USD/JPY currency pairs. The IronFX broker review 2018 shows that trading with STP Trading is in many cases cheaper.

The broker's second advantage is the large selection of trading platforms. In addition to the "Standard" and "Advanced" versions of MetaTrader 4, this also includes the new MetaTrader 5 with MetaQuotes. The broker provides various mobile platforms for smartphones and tablets with Android operating system, iPhone, iPad and Blackberry. This is very advanced.

The MetaTrader 5 from IronFX offers a wealth of functions for flexible and customizable trading. The Client Terminal gives traders instant access to unrestricted market analysis tools and automated trading tools. Incidentally, the MT5 is not simply an improved version. Thus, MetaTrader 5 is much more powerful and offers developers in particular a wealth of new possibilities. In contrast to its predecessor, futures can also be traded, with the platform being admitted to more and more stock exchanges.

IronFX also offers a self-developed webtrader for its customers. This allows direct access to the trading account from any PC with Internet access. The broker enables a large selection of charts and extensive evaluation options. The Webtrader impresses with its user-friendly interface and intuitive operation. This makes the platform especially suitable for beginners who are overwhelmed by the wide range of functions of MetaTrader.

Whether with a smartphone, tablet or Blackberry, Forex Broker offers the right mobile software for all variants. In addition to MT4 and MT5, the company's own platform is also offered as an app for mobile devices.

The IronFX Multi Terminal allows traders to manage multiple accounts from one screen. Simply place an order and take the prize with just one click. Other highlights include Personal Multi-Account Management (PNAM). This allows you to manage and trade multiple MT4 accounts simultaneously. PNAM is currently one of the best developed platforms 2018 and is used by both asset managers and professional traders.

Depending on whether private traders or professional traders, IronFX offers trading accounts tailored to their individual needs. The choice of account is based on the amount of the deposit.

The Micro Account enables private investors to enter the retail market quickly. The minimum deposit is only 500 Euro, whereby the account can be managed in 9 different currencies. Traders can choose between fixed and variable spreads starting at 0.08 pips. Customers can use all trading platforms for this purpose. It trades with mini lots at a maximum lever of 1:500.

The Premium account is suitable for traders who prefer a more high-volume trade. A minimum deposit of 2,500 euros is therefore required. Here too, customers can choose between fixed and variable spreads, which start at 0.04 pips. In addition to a 24-hour personal account manager, the Premium account can be traded via telephone hotline with trading department.

Traders who make a deposit of $25,000 or more will receive IronFX's VIP trading account. With this account model, traders receive the most favorable spreads on the market with 0.02 pips. Please note that the account is generally managed in dollars.

IronFX is one of the few brokers to offer a choice between the Market Maker and the STP/ECN model. The client has direct access to the real interbank rates, but trading here already begins with 0.00 lots and a capital of up to USD 50,000. The minimum deposit is 500 Euro and merchants can choose between an STP account without commission and the STP account with zero spread. A standard account allows you to trade minilots with a flexible leverage of up to 1:200, and the advantage of the standard STP/ECN account is that there are no requests or commission fees.

If you open a trading account for the first time, you will receive a one-time bonus of 25 euros. This is credited to the trading account immediately after verification. Of course, the bonus cannot be redeemed immediately. For this purpose, some trades have to be made first. However, broker review 2018 has shown that the bonus conditions for IronFX are very moderate.

The Forex Broker offers regularly changing bonus offers for this purpose. Both new and existing customers receive a bonus on their deposits. Depending on the promotion, a deposit bonus of up to 60 percent is granted.

A free demo account is a standard feature of most Forex brokers in 2018. However, with IronFX's demo account, merchants can take advantage of numerous advantages. So there are no time limits. The demo account is equipped with a virtual credit of 100,000 euros and can be used indefinitely. Thus, even experienced traders have the opportunity to develop and test new trading strategies again and again. Of course, under absolutely real market conditions. After opening a live account, both account variants can be used independently of each other.

Social trading is one of the latest trends 2018. Etoro and Ayondo are the market leaders in this field and currently advertise most with them. Traders have the opportunity to exchange information and generate profits together. At IronFX, the Sirix Social WebTrader and the mirroring service AutoTrade are available for this purpose. With AutoTrade, newcomers can track the orders and trading history of other traders and benefit from their experience. In return, they are rewarded with up to half a pip per traded trading lot. The social trading systems are connected to all platforms including MT 4 and MT5. Sirix Social WebTrader is also available as a mobile application for smartphones and tablets.

IronFX's customer service leaves almost nothing to be desired. A personal account manager is available for each customer around the clock. In addition to a free telephone hotline, a fully staffed live chat is also offered. Broker review 2018 shows that all inquiries are answered in a friendly and very detailed manner. If you prefer to contact the broker in writing, you can of course also send your enquiry by e-mail. The e-mails are usually answered very quickly and in detail.

The broker IronFX was completely convincing in my broker review 2018. Good conditions, a large selection of underlying assets and the best trading platform 2018 are among the advantages of the broker. Added to this is first-class customer service, which sets new standards in the financial sector. In the event of the Broker's insolvency, receivables from open transactions are protected by the Cypriot Investor Compensation Fund up to EUR 20,000 per customer with restrictions. Client funds not invested are held in custody with banks separately from business assets - including UBS, Raiffeisen and UniCredit.

Recently Forex Broker IronFX announced its partnership with FC Barcelona. The special connection between the most successful football club in the world and the popular broker is based on the common motto "More than a club". Fair trade practices, an entrepreneurial spirit, the courage to innovate and the quest for top quality in every detail of our business activities.".