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IronFX -

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

https://www.ironfx.com/en

Benchmark

AA

Influence

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
Investor Alert List
IronFX

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 : 2025-02-23
  • 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 Survey

Danger

IronFX

United Kingdom

WikiFX Verification

IronFX · Benchmark
Average transaction speed(ms)
382.3 Good
The highest transaction speed(ms)
218
The highest speed of opening positions(ms)
188 Good
The highest speed of closing position(ms)
265
The lowest speed of opening positions(ms)
1922
The lowest speed of closing position(ms)
1016 Good
Ranking： 37 / 119
Test user 265
Transactions 2,751
Ocuppied margin $31,720,806 USD
Data Source WikiFX Data provide
Updated: 2025-02-21 01:02:00

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Can't withdraw money

Account cannot be withdrawn, and commission cannot be withdrawn. This is also called regular?

2021-02-16 13:49
Unable to Withdraw

Scam that cannot withdraw

At the beginning, it was said that the account was changed, and then it was said that the account was not correct and need to pay the unfreeze fee, which lowered the credit score and then increased the credit score, step by step tricks, it is too difficult to withdraw funds

2023-01-11 09:09
Others

Having a game to scam people to deposit and hedge

Hign reward game and manipulate the ranking. The 1st, 2nd, and 3rd are all their people for hedging. No matter how great you do, you cannot get the reward

2019-10-28 01:05
Unable to Withdraw

IRONFX suddenly reset the account

Suddenly closed all my positions and then deducted all the funds from my account, a total of over $40,000 withdrawn 😩

2024-08-19 18:52
Unable to Withdraw

The platform does not withdraw money when making profits, and wipes out the profits.

The platform does not withdraw money when making profits, and inexplicably wipes out the profits.

2025-01-03 10:18
Unable to Withdraw

Not allowing profit withdrawals, outrageous! Trying to take our money again.

I registered through the official website via QQ customer service. After placing my orders, I kept earning, and eventually, I closed all positions thinking the market would still rise. I continued to place more orders and kept earning! I thought I had both luck and skill, but when it came time to withdraw, they refused to give me my profits, only the principal. After such a long time, an email claimed I was arbitraging and refused to give me the profits. I thought IronFX running away in 2015 would mean they'd be more legitimate this time around, but it's the same old story! I'm just laughing now; they won't let me withdraw without evidence. I have proof of my trades, which they never asked for; they just don't want to pay out.

2024-10-31 11:20
Unable to Withdraw

Unable to withdraw

It is said that my information is expired and then said that my name and account number cannot match, then it ask me pay fees to unfreeze the account. Just a scammer.

2022-11-25 07:34
Severe Slippage

Severe slippage

The platform has absconded and induced me to trade for almost $150,000 . Serious slippage and then push it to the quoter

2020-03-17 00:47
Unable to Withdraw

IronRX backend forcibly deducts my trading profits and does not withdraw the profit.

The backend arbitrarily modifies the data, forcibly deducts my profits, and refuses to withdraw funds.

2025-01-17 10:20
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-02-23
    IronFX · Company summary
    Quick IronFX Review Summary
    Founded2008
    Registered Country/RegionCyprus
    RegulationCYSEC, FCA, FSCA (General Registration)
    Market Instruments80+ currency pairs, metals, indices, commodities, futures, shares
    Islamic Account✅
    Account TypeStandard, Premium, VIP, Live Zero Fixed Spread
    LeverageUp to 1:1000
    SpreadFloating from 1.6 pips/fixed to 1.9 pips (Standard account)
    Trading PlatformMT4
    Copy Trading✅
    Customer SupportLive chat, contact form
    Regional RestrictionsUSA, Cuba, Sudan, Syria and North Korea
    Bonus100% unlimited sharing bonus

    IronFX Information

    Founded in 2008, IronFX is a regulated brokerage registered in Cyprus, offering trading in 80+ currency pairs, metals, indices, commodities, futures, and shares with leverage up to 1:1000 and spread from 0.0 pips via the popular MT4 platform.

    IronFX's homepage

    Pros and Cons

    ProsCons
    Regulated by CySEC and FCAClients from th USA, Cuba, Sudan, Syria and North Korea are not accepted
    Various trading assetsFSCA license is only general registered
    Multiple account typesLack of info on deposits and withdrawals
    MT4 supported
    Live chat support

    Is IronFX Legit?

    Yes, IronFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the United Kingdom. It also holds a general registered Financial Sector Conduct Authority (FSCA) license.

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
    Cyprus
    		CYSECNotesco Financial Services LtdMarket Making (MM)125/10
    UK
    		FCANotesco LimitedStraight Through Processing (STP)585561
    South Africa
    		FSCANOTESCO SA (PTY) LTDFinancial Service Corporate45276
    Regulated by CySEC
    Regulated by FCA
    General registered FSCA license
    Domain information

    What Can I Trade on IronFX?

    IronFX offers trading in 80+ currency pairs, metals, indices, commodities, futures, and shares.

    Tradable AssetsSupported
    Currency pairs✔
    Metals✔
    Indices✔
    Commodities✔
    Futures✔
    Shares✔
    Cryptocurrencies❌
    Bonds❌
    Options❌
    ETFs❌
    What Can I Trade on IronFX?

    Account Types/Fees

    IronFX offers four types of accounts for traders - Standard, Premium, VIP, Live Zero Fixed Spread. It also provides Islamic Accounts. 24/5 Delicated account manager is available for all account types.

    Account TypeStandardPremiumVIPLive Zero Fixed Spread
    Base CurrencyUSD, EUR, GBP, AUD, JPY, BTC, PLN, CZKUSDUSD, EUR
    Max Leverage1:10001:500
    SpreadFloating from 1.6 pipsFloating from 1.4 pipsFloating from 1.2 pipsFixed to 0 pips
    Fixed to 1.9 pipsFixed to 1.7 pipsFixed to 1.5 pips
    Commission❌❌❌✔
    Swap free/Islamic Account✔✔✔✔
    24/5 Delicated Account Manager ✔✔✔✔
    Account comparison

    Trading Platform

    IronFX's trading platform is the industry-leading MT4, which supports traders on Desktop, Mobile, and Web devices.

    Trading PlatformSupported Available Devices Suitable for
    MT4✔Desktop, Mobile, WebBeginners
    MT5❌/Experienced traders
    MT4

    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
    About More

    User Reviews

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    User comment

    17

    Comments

    Write a review

    FX1238076122
    0-3months
    Saya mengalami hal buruk terjadi pada broker ironFX Saya deposit 1.000 dolar dan mendapatkan bonus lalu saya trading profit lebih dari 100%, lalu saya coba WD Bisa tapi sisa saldo saya di cancel. Parah, jangan trading di ironfx teman-teman ini broker penipu. Saya tampilkan screenshot transaksi saya. Kalau profit banyak pasti di cancel. Padahal tidak ada kesalahan.
    Saya mengalami hal buruk terjadi pada broker ironFX Saya deposit 1.000 dolar dan mendapatkan bonus lalu saya trading profit lebih dari 100%, lalu saya coba WD Bisa tapi sisa saldo saya di cancel. Parah, jangan trading di ironfx teman-teman ini broker penipu. Saya tampilkan screenshot transaksi saya. Kalau profit banyak pasti di cancel. Padahal tidak ada kesalahan.
    Translate to English
    2025-01-22 15:20
    Reply
    0
    0
    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
    9