Iron Fx is a licensed broker that offers its clients multiple trading accounts. It also provides access to over 80 Forex pairs and trading on various assets such as commodities, indices, shares, and metals.
Iron FX offers a variety of payment methods for clients to deposit and withdraw funds. It accepts bank wire transfers and credit card deposits.
Minimum deposit
IronFX provides its clients with a variety of accounts and trading platforms. Clients can trade on various markets, including Forex, CFDs, on shares, commodities, futures, and metals.
A minimum deposit of $500 is required to open a no-commission account, which also offers leverage up to 1:200. There are also seven other account types, each with fixed spreads or floating spreads and varying trading fees.
Traders can deposit funds via credit and debit cards, bank wire transfers, and e-wallets. Withdrawals can be processed using these same methods or via BTC.
However, deposit processing times for bank wires can be up to three business days, and withdrawal processing times are 24-48 hours. This is a drawback, especially for traders using these services to trade with smaller amounts of money.
IronFX is a global company that operates to the highest professional standards. It is regulated by the UK Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC). The firm also offers two levels of protection for its clients, segregated client bank accounts and compensation in case of default.
Minimum trade
Iron fx is a Forex broker regulated by CySEC, ASIC, FCA (UK), and FSCA (South Africa). It offers various trading instruments, competitive spreads, and leverage levels to suit varying trading styles and capital needs.
In addition to forex, IronFX also provides CFDs on spot metals and stocks. Traders can choose from several account types: Micro, Premium, and Zero Fixed.
For deposits, traders can use their Bank Wire transfers, credit/debit cards, or e-wallets like Neteller, Skrill, and FasaPay. However, check with your bank about charges before making a deposit.
IronFX also offers several promotions and rewards based on the money you deposit. They include 100% Unlimited Sharing and 40% Power bonuses. You can also earn extra cash by referring a friend to the website and using their copy trades service. These offers can help you boost your trading profits while making staying on top of the market easier.
Spreads
IronFX offers a wide range of forex trading accounts. These include a Zero Account with tight spreads and no commissions and an Absolute Zero account with no commissions and no spaces.
A minimum deposit of $100 is required to open a standard account. The broker also offers a micro performance with a minimum deposit of $500.
This is a good option for traders who want to start with smaller amounts and have fewer funds for risky trades. However, this is not ideal for traders who wish to trade with bigger amounts of capital.
Traders can trade on 80 currency pairs, and the spreads can be as low as 0.4 pips (sometimes even lower). Leverage is up to 1:30 on most popular teams, with an option for a higher maximum power of 1:200 on specific pairs.
Customer service
Iron fx offers several customer support options, including live chat and email. These are available in over 180 countries and are accessible 24 hours a day.
They also offer an exclusive Client Portal, which allows customers to deposit and withdraw funds easily. They also have a Personal Multi-Account Manager, or PMAM, software package enabling traders to manage multiple trading accounts and funds from one interface.
The company has a variety of deposit and withdrawal methods, including wire transfers, credit cards, e-wallets, and cryptocurrencies. However, these may be subject to fees and restrictions, so clients should check with their banking provider.
The broker is regulated by several regulatory bodies, including the UK Financial Conduct Authority (FCA), CySEC, and the Australian Securities and Investment Commission (ASIC). They also have a segregated account system that ensures all client funds are fully separated from company money. This reduces the risk of theft and fraud and ensures your money is safe.
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