IronFX Review

IronFX is a global online trading broker that offers forex trading and CFDs in over 200 financial products across different asset classes, including currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities. Although headquartered in Cyprus, the broker has offices around the globe, including London, Sydney, and Johannesburg. The broker provides 10 trading platforms and is renowned for offering competitive trading fees and good execution speeds with minimal slippage.

Markets

IronFX has been serving traders with a vast range of financial instruments. This includes Forex, Indices, Metals, Commodities, Futures, Shares, and Crypto.

Platforms

The broker offers a “one account, 10 platforms” trading model, so a trader can trade from one account across all platforms, which is especially useful to traders who wish to switch between their desktop, mobile, or other devices. With this broker, traders can access the market via the IronFX MetaTrader 4 (MT4) platform, the IronFX Personal Multi-Account Manager (PMAM), the IronFX MultiTerminal, and their various web-based social trading platforms. Many of the platforms have web and mobile versions.

MetaTrader 4

The Metatrader 4 trading platform, generally known as MT4, has established itself as the industry-leading platform and is the most trustworthy and popular platform a trader may utilize. Thanks to its straightforward design and user-friendly environment, it offers vital tools and resources for effective online trading performance. Enter the world of forex trading with IronFX’s dependable MT4 platform. MT4 is one of the most dependable and popular platforms accessible, and it includes all of the necessary tools and resources for effective online trading performance. With quick execution, register and trade over 300 financial instruments in Forex CFDs, spot metals, futures, shares, spot indices, and commodities. Experience trading with spreads as low as 0 pips, powerful trading signals, and functionalities in the user-friendly interface designed particularly for online trading. MetaTrader 4 allows you to trade Forex CFDs and spot markets from your PC.

Iron FX MetaTrader 4 Platform
Iron FX MetaTrader 4 Platform

With MetaTrader 4, you can:

  • Manage orders, positions, and equity online
  • Monitoring of financial instruments’ prices and forex rates
  • Enjoy the advanced charting and indicators
  • Align with online streaming news
  • Keep an eye on trading activity and history
  • Permitted automated strategies
  • Built-in ability to use EAs (Expert Advisors)

Tools

Although the various trading platforms have a vast range of trading tools, the broker also provides their clients with a good selection of additional tools to assist them in market analysis and risk management. Some of the additional tools include the IronFX Research App, IronFX Trader Dashboard, IronFX Trading Widgets, IronFX Virtual Private Server (VPS), and Economic Calendar.

IronFX Sentiment Traders Dashboard
IronFX Sentiment Traders Dashboard

VPS Hosting

IronFX’s Virtual Private Server (VPS) Hosting has acquired a lot of popularity lately within the trading community as it enables traders to experience the best of both shared and dedicated hosting services by obtaining access to enhanced trading conditions, including quick connectivity and great stability. A Forex VPS hosting service hedges against network outages by allowing traders to trade forex CFDs 24 hours, with ideal stability, accuracy, and speed that is vital for online trading. The virtual private network market has developed tremendously across numerous sectors and is predicted to exhibit a CAGR of 15 percent by 2024, according to ResearchAndMarkets research. The rising requirement for the encryption of sensitive data and heightened security has made VPS hosting an appealing and vital solution.

IronFX VPS Hosting
IronFX VPS Hosting

Instead of utilizing your computer to trade directly, IronFX offers you a VPS so you may log in to your MT4 from anywhere with an internet connection. With a VPS, you do not need to watch your automated trades since they may be completed when your computer is switched off. You may be certain that your system and trades are at all times as secured as possible and rapidly transmitted, avoiding delays and slippage. Join us and get the most out of IronFX’s free forex VPS hosting, available to guarantee you are receiving the greatest advantage from trading with us.

PMAM Trading Platform

You may easily manage several forex accounts using the IronFX Personal Multi Account Manager (PMAM) tool. Money managers may trade and manage numerous MT4 accounts at the same time using the PMAM platform. It provides customers with an easy-to-use money-management system that includes innovative tools for best market execution. The IronFX PMAM program simplifies trading by removing the hassle of managing several accounts. It enables the trader to concentrate on trading using the MetaTrader 4 Master Account while PMAM handles all other activities.

Trade Copier

TradeCopier lets you copy the best traders’ strategies in real-time. New to Forex or don’t have the time to keep up with the market? This is a great way to start. With IronFX’s TradeCopier, you can start copying other traders, learning from them, and growing your own portfolio, all at the same time. If you don’t know how to trade in the forex market or have a lot of time, why not learn from someone who has? The first thing you could do is copy the strategies used by IronFX’s Strategy Providers and start building a portfolio of your own. Using the TradeCopier platform, you can only follow one Strategy Provider. You can then follow other Strategy Providers. At any time, you can take your money out of the bank. For professional and successful traders, it is time to join TradeCopier and offer your services to other traders as a “Provider.” With IronFX, you will have all of the tools you need to get started and quickly connect with traders from all over the world. It’s time to put your trading skills to good use and teach others how to trade by following your own trading methods.

IronFX Trade Copier
IronFX Trade Copier

Education

IronFX trading academy is full of educational resources that can help clients improve their trading knowledge and skills. The resources include videos, e-books, guides, and a trading encyclopedia. They cover a wide range of basic and advanced trading topics. The broker also organizes webinars from time to time.

Economic Calendar

The economic calendar is a great way to stay up to date on the latest market news and to figure out how to make a trading strategy based on the information in the news. Use the calendar to keep track of financial news releases that have an impact on different markets. The calendar shows the results of the news releases and the markets they are expected to have an effect on. You can choose the level of impact, the date/time, and the markets you want to look at.

Financial News

Based on breaking forex news and insights offered exclusively to IronFX’s customers by IronFX’s award-winning research team, you may make informed trading choices. As an online trader, you need to stay up to date on the most recent financial news and events in order to be successful.

Forex Trading Strategy

A mix of proven trading techniques, also known as trading plans and firm regulations that must be followed to manage risks, is required for successful forex trading. Using these tactics with IronFX will assist traders in taking advantage of Forex trading and perhaps increasing their success levels. Both beginners and professional traders will create, test, and reflect on their trading methods.

Education

Starting in forex trading does not have to be intimidating. Any beginner trader may develop a foundation for prospective success with the correct amount of preparation, effort, and strategy. As a beginner trader, you must devote time to studying and learning about trading before joining the market. The more equipped you are, the more likely you will attain your goals.

IronFX Trading App
IronFX Trading App

IronFX is dedicated to assisting its customers in evolving and becoming more successful and productive traders. A plethora of sophisticated trading tools, training material, and market insights are provided.

Conclusion

IronFX is a reputable online trading broker with a presence in different parts of the world. They provide trading services in a wide range of tradable instruments across different asset classes, offering competitive fees and fast execution through multiple trading platforms.

Iron FX

8

Markets

8.0/10

Platforms

8.0/10

Tools

8.0/10

Education

8.0/10

Pros

  • Powerful and easy to use platforms and apps
  • Many useful trading tools for market analysis
  • A collection of educational resources
  • Various account types
  • Quick and easy funding options
  • Around the clock customer support

Cons

  • Cannot accept USA traders
  • Withdrawal fees
  • Inactivity fees