Score

6.62 /10
Average

IronFX

Anguilla

15-20 years

Regulated in Cyprus

Market Making(MM)

MT4 Full License

Global Business

Suspicious Overrun

High potential risk

AA
C

Add brokers

Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index6.93

Business Index8.67

Risk Management Index0.00

Software Index9.99

License Index6.67

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Warning

SG MAS
2017-03-23

Broker Information

More

Company Name

Notesco Int Limited

Company Abbreviation

IronFX

Platform registered country and region

Anguilla

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2025-01-22
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

IronFX · Benchmark
Average transaction speed(ms)
373.7 Good
The highest transaction speed(ms)
234
The highest speed of opening positions(ms)
234
The highest speed of closing position(ms)
250
The lowest speed of opening positions(ms)
1938
The lowest speed of closing position(ms)
1043 Good
Ranking: 34 / 120
Test user 260
Transactions 5,073
Ocuppied margin $31,699,179 USD
Data Source WikiFX Data provide
Updated: 2025-01-21 01:01:00
Pyramid scheme complaint
Expose
    Sources
    IronFX · Company summary

    Note: IronFX's official website:https://www.ironfx.com/en/ is currently inaccessible normally.

    IronFXReview Summary
    Founded2008
    Registered Country/RegionCyprus
    RegulationCYSEC, FCA, FSCA
    Market Instruments300+ instruments, including Forex, Metals, Indices, Commodities, Futures and Shares
    Account TypeStandard, Premium, VIP, Live Zero Fixed Spread
    LeverageUp to 1:1000
    Spread0.0 pips
    Trading PlatformMT4, WebTrader
    Deposit and withdrawal methodsVISA, Bank Wire, Master Card, Maestro, Skrill, Neteller, DotPay
    Customer Support24/5, Email, phone number

    IronFX Information

    IronFX, founded in 2008, is a brokerage registered in Cyprus. It provides more than 300 types of instruments. The trading instruments it provides cover forex, metals, indices, commodities, futures and shares. The Whois website shows that the registration date of this dealer is 2008-02-10.

    IronFX Information

    Pros and Cons

    ProsCons
    RegulatedHigh commissions
    Multiple trading assetsToo high maximum leverage
    MT4 supportedNo live chat support
    No withdrawal fees

    Is IronFX Legit?

    IronFX is regulated by Cyprus. It has 3 types of licenses - CYSEC License, FCA License, FSCA License.

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
    CyprusCYSECNotesco Financial Services LtdMarket Making(MM)125/10Regulated
    United KingdomFCANotesco LimitedStraight Through Processing(STP)585561Regulated
    South AfricaFSCANOTESCO SA (PTY) LTDFinancial Service Corporate45276General Registration
    Is IronFX Legit?
    Is IronFX Legit?
    Is IronFX Legit?

    What Can I Trade on IronFX?

    IronFX provides over 300 instruments - which offers traders the opportunity to trade forex, metals, indices, commodities, futures and shares.

    Tradable InstrumentsSupported
    Forex
    Metals
    Indices
    Commodities
    Futures
    Shares
    Stocks
    Energies
    Cryptocurrencies
    Bonds
    Derivatives
    Options

    Account Types

    IronFX offers four types of accounts for traders - Standard, Premium, VIP, Live Zero Fixed Spread. It also provides Islamic Accounts.

    Account TypeStandardPremiumVIPLive Zero Fixed Spread
    CFD InstrumentsForex, metals, indices, commodities, futures and shares.Forex, metals, indices, commodities, futures and shares.Forex, metals, indices, commodities, futures and shares.Forex, metals, indices, commodities, futures and shares.
    Minimum Lot Side0.010.010.010.01
    Spread1.8-1.9 pips1.4-1.7 pips1.2-1.5 pips0
    Leverage100010001000500
    Commission
    SWAP
    Islamic Account

    IronFX Fees

    IronFX's spreads are different for account types. Standard Account's spread is 1.8-1.9 pips. Premium Account's spread is 1.4-1.7 pips. VIP Account's spread is 1.2-1.5 pips. These three types of accounts all charge no commissions.

    Live Zero Fixed Spread's spread is 0, but it charges commissions. IronFX charges SWAP fees. But there is no detail information about commissions and SWAP.

    Trading Platform

    IronFX's trading platform is MT4, WebTrader, IronFX's mobile app and Web app, which supports traders on PC, Mac, iPhone and Android.

    Trading PlatformSupportedAvailable Devices
    MT4Web, Mobile
    WebTraderWeb
    IronFX's mobile appMobile
    Web appMobile

    Deposit and Withdrawal

    IronFX offers a variety of deposit and withdrawal options for traders - VISA, Bank Wire, Master Card, Maestro, Skrill, Neteller, DotPay. IronFX charges no withdrawal fees.

    Deposit

    Credit Card/Debit CardDeposit FeesMaximum transaction amount
    VISANoneUSD 50,000 per transaction
    MasterCardNoneUSD 50,000 per transaction
    MaestroNoneUSD 50,000 per transaction
    Bank wireDepends on the corresponding and intermediary banks.IronFX does not apply any fees.
    SkrillDeposit FeesUSD 50,000 per transaction
    NetellerDeposit FeesMaximum transaction amount
    DotPayDeposit FeesPLN 200,000

    Withdrawal

    Credit Card/Debit CardWithdrawal FeesMaximum transaction amount
    VISAup to EUR 1.5 per transactionUSD 50,000 per transaction
    MasterCardup to EUR 1.5 per transactionUSD 50,000 per transaction
    Maestroup to EUR 1.5 per transactionUSD 50,000 per transaction
    Skrill1% capped to USD 10,000Maximum transaction amount
    1% capped to USD 10,000USD 50,000 per transaction
    Neteller2% capped to USD 30.00 / minimum USD 1.00 per transactionMaximum transaction amount
    2% capped to USD 30.00 / minimum USD 1.00 per transactionUSD 50,000 per transaction
    DotPayN/APLN 200,000

    News

    NewsIronFX Christmas Contest 2024

    Iron FX is in the festive spirit, announcing its VIP Trading Room Christmas Contest. The contest is open for three weeks. You have the chance to win $10,000 Prizes.

    WikiFX
    2024-12-09 18:34
    IronFX Christmas Contest 2024

    NewsIronFX Launches $500K Grand Trading Slam with Big Prizes

    Join IronFX’s $500K Grand Trading Slam for a chance to win major cash prizes. Compete in trading challenges and rank up to the grand prize! Start trading today.

    WikiFX
    2024-11-13 16:31
    IronFX Launches $500K Grand Trading Slam with Big Prizes

    NewsIronFX Adds Advanced Allocation Features to PMAM Platform

    IronFX enhances its PMAM platform with advanced allocation features, simplifying forex account management for professional traders and money managers worldwide.

    WikiFX
    2024-09-16 12:36
    IronFX Adds Advanced Allocation Features to PMAM Platform

    Exposure Scam Revealed! IronFX Under Fire

    A Japanese user recently took to X (formerly Twitter) to share alarming experiences with IronFX, a well-known forex broker. According to the user's claims, their account was frozen, and soon after, they began receiving scam calls from the UK. These calls promised compensation for the frozen funds, raising suspicions about IronFX's role in these incidents.

    WikiFX
    2024-08-06 15:21
     Scam Revealed! IronFX Under Fire

    User Reviews

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    User comment

    16

    Comments

    Write a review

    FX9428783372
    0-3months
    后台擅自更改数据,强制扣除我的盈利,不给出金
    后台擅自更改数据,强制扣除我的盈利,不给出金
    Translate to English
    +1
    2025-01-17 10:20
    Reply
    0
    0
    Ismail Ismail
    0-3months
    Hello, I registered to the IronFx site with account number 23208344. After depositing 750 USD into the account and receiving a 40% bonus, I made the first transaction on 30.12.2024. I made about 1378 usd from my first trade. I encountered an error several times when making a withdrawal. Then I canceled the check. After learning the correct procedures from the customer representative, I completed the shooting process. However, it was later said that I had committed a violation and the money I deposited and earned was confiscated. I certainly did not commit such a violation. I did not cause any harm to the company. I did not violate the conditions specified in the bonus procedure. Later, when I wanted to learn the details from the customer representative, they blocked me. They didn't respond to my emails. I couldn't find a contact person. I demand the return of the money that was unjustly confiscated. It is fraud for the company to confiscate my money even though it does no harm.
    Hello, I registered to the IronFx site with account number 23208344. After depositing 750 USD into the account and receiving a 40% bonus, I made the first transaction on 30.12.2024. I made about 1378 usd from my first trade. I encountered an error several times when making a withdrawal. Then I canceled the check. After learning the correct procedures from the customer representative, I completed the shooting process. However, it was later said that I had committed a violation and the money I deposited and earned was confiscated. I certainly did not commit such a violation. I did not cause any harm to the company. I did not violate the conditions specified in the bonus procedure. Later, when I wanted to learn the details from the customer representative, they blocked me. They didn't respond to my emails. I couldn't find a contact person. I demand the return of the money that was unjustly confiscated. It is fraud for the company to confiscate my money even though it does no harm.
    Translate to English
    2025-01-03 02:20
    Reply
    0
    0
    9