IronFX Review (Updated 2022) : Scam or Legit?

Introduction

Looking for the right forex broker to assist with the best online services and make trading more memorable and successful. Then you are at the right spot; the article talks about the IronFX broker that has in a flash of time achieved a lot. It began operation a years ago and from that time has attracted several clients that want to use the services to have a better trade. 

The most important feature of the broker is its authorisation and the ability to provide traders with the best. We’ll be getting aware of the broker gradually and know what makes it an excellent broker in the financial market. Readers let’s explore IronFX broker and understand whether it is legit or a scam.

IronFX: Authorisation and Regulation

The forex broker started a year back in Mauritius, working under the brand name of Notesco Limited. It has been regulated and licenced by the FCA (UK), ASIC (Australia) and CySEC (Cyprus).

In addition, it has many services and functions that protect the inventors from fraud, market activities, or threats. This implies traders have a safe and secure trading environment as the broker abides by the rules and norms of the authority. Hence, offering transparency and reliability for the traders. 

The trading of the broker with a renowned company makes it next level for the clients. As they can trust the broker and make their investments freely without the worry of fraud or any other uneven situation. This clearly states that IronFX is a legit broker and not a scam and without any IronFX scandal

Services Inclining Clients

The article till now has introduced the broker and its authorisation that makes it a trustworthy forex broker. But, this is not all that investors look out for in a broker. They want facilities, features, and services that could support them with market prediction, analyses, trading strategies formation, etc. 

IronFX has advantageous and next-generation trading services, which make it a feasible choice for clients. They can have various market opportunities, selecting from the three trading accounts. Silver, gold, and platinum have all the features which are necessary for different levels of trading clients. 

The silver account is basically the beginner’s place, where they can find services that support their goals and help them understand the markets. The gold is for the accomplished ones that want to earn good profits with favourable market conditions. Finally, the platinum account is for the professionals who are well aware of the market’s, their trading behaviour and are here to trade and earn high profits. 

Other than this, they also have a unique facility of a demo account. This helps the traders to practice and get familiar with the broker and its functions. 

Tradable Products and Trading Platforms

Trading is fun when done the right way; as a result, we have the most tradable products that will solve the problem of the clients of watching for instruments that want to trade in. IronFX has 350+ assets to invest in funds covering all the major financial markets and instruments. 

The list includes many that are available on the broker’s website; www.IronFX.com, but here we have a few for readers: 

  • Forex 
  • CFDs for stocks 
  • Commodities 
  • Cryptocurrencies 
  • Indices 
  • Crude oil 
  • Natural gas 
  • Stocks 

However, the spreads, commission, trading costs, and swap rates vary according to the instruments and the trading account type. 

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Trading platforms are another star that is included with the broker’s services. It has the most frequently used and preferred trading software; the Webtrader and MetaTrader4(MT4). Both of these have helped traders achieve their trading goals with the functions that assisted those traders. 

Webtrader is a browser that does not require downloading and could be used directly to connect with the market. It has the following features: 

  • One-click trading 
  • Powerful functionality 
  • 60+ analytical tools 
  • Instant price alerts 
  • Simple user-interface

MetaTrader4 is a desktop software developed in 2005 by MetaQuotes. It is easy to access and user-friendly interface software that works to help traders predict market changes and execute their trade. The flexibility of the trading platform allows investors to use it with all the devices and with simple installation. 

Moreover, it has the given services: 

  • 3 chart types 
  • 9-time frames 
  • Interactive charts 
  • Indicators 
  • Expert advisors 
  • Customisable 
  • Automated trading 

Miscellaneous

IronFX has many small and big facilities that could be known by visiting the webpage of the broker. From commission, spreads, leverage, customer support, education, and research, traders can find it all in one place. It also has a mobile trading application that could be downloaded on Android and iOS phones for direct market connection. 

The spreads of the broker are low different for the account held: 

Silver: spreads from 2.2 pips 

Gold: spreads from 1.3 pips 

Platinum: spreads from 0.7 pips 

The commission for trade is low, and traders have to pay for certain facilities of the broker. Leverage is another facility that is offered; traders can have a maximum leverage ratio of 1:200. 

Education and research services are necessary for traders to upgrade their trading skills and be in accord with the rest of the world. The articles, courses, videos, webinars, analytical tools, economic calendars are all small yet significant services of IronFX. 

Conclusion

IronFX is a reliable and trustworthy forex broker having all the required services. They work to make their clients achieve their goals and have a comfortable yet effective investment. The article has listed all its key features for readers’ knowledge. 

In addition, the 24 hours customer support makes the broker the best in the financial world. Traders should give it a chance and experience successful investing. 

Disclaimer: This content does not necessarily represent the views of IWB.

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