Reviewed broker: IronFX

Operated by Ironfx Global Limited

2018 – The Cyprus-regulated entity has changed its name to Notesco Financial Services.

Established in 2010

Regulation: IronFX is a trade name of Notesco Limited. Upon a quick search, the firm is regulated in UK and in Limassol. 

Note: in 2015 Ironfx had an investigation against the broker by CySEC which was resolved in a settlement the same year. This broker seems to have rather damaged reputation among traders.

Location: Warsaw, Lisbon, Prague, Budapest, Athens, Kiev, Moscow, Mumbai, Jakarta, Manila, Ho Chi Minh City, , Kuala Lumpur, Lagos, Johannesburg, Auckland, Sao Paulo, Buenos Aires, Lima, Montevideo, Limassol, London, Hong Kong, Sydney, Dubai, Shanghai, Shenzhen, Shenyang, Frankfurt, Milan, Madrid

IronFX does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea.

Latest awards: The broker didn’t receive any awarding titles since 2015. The last one was awarded by UK Forex Awards – Best Forex Educators

Instruments: over 300 trading instruments from 6 asset classes available on one single platform. Trade hundreds of CFD assets, including forex, shares, metals, futures, commodities and indices

Trade Cryptocurrency

Are you a Crypto enthusiast? Trade the most popular Crypto CFDs, including Bitcoin, Ethereum and Ripple. Enjoy the benefits of trading CFDs on digital currencies with low spreads and a 24/5 market on over 20 cryptocurrency pairs.

Ironfx Review : Account Types and Trading Features

Multiple account types to choose from to suit your needs

We offer a variety of trading accounts to meet your needs and style of trading. Choose between Live and STP/ECN trading accounts and enjoy the benefits of forex trading through the industry-leading MT4 online trading platform. You can also register multiple trading accounts in our Client Portal when you first sign up. When deciding on which account type to choose, you should consider a number of factors, including the product(s) you wish to trade, the trading conditions, and execution type. You should also think about researching what the platform itself has to offer.

At IronFX we have a variety of accounts, each with its own character and its own objective. Different accounts are inevitably suited to different types of investor, with each account offering a different experience of the currency world. From experienced traders to beginners, from small depositors to large, our selection of account types offers different pathways to traders looking to fulfil their financial aspirations.

IronFX account types reviews

At IronFX we have a variety of accounts, each with its own character and its own objective. Different accounts are inevitably suited to different types of investor, with each account offering a different experience of the currency world. From experienced traders to beginners, from small depositors to large, our selection of account types offers different pathways to traders looking to fulfil their financial aspirations.

Spread from:
Flexible Leverage Up to:1:10001:10001:10001:500
Min Lot Size:
Commission:NoNoNo$18/Lot on EUR/USD
$18/Lot on USD/JPY
$23/Lot on GBP/USD
$23/Lot on USD/CAD
$23/Lot on USD/CHF
$23/Lot on EUR/GBP
$23/Lot on AUD/USD
$28/Lot on EUR/CHF
$28/Lot on NZD/USD
$28/Lot on EUR/JPY
$43/Lot on GBP/CHF
$43/Lot on GBP/JPY
Dedicated Account Manager Available:24/524/524/524/5
Dealing Department Transaction Hotline:YesYesYesYes
Spread from:1.700.3
Flexible Leverage Up to:1:2001:2001:200
Min Lot Size:
Dedicated Account Manager Available:24/524/524/5
Dealing Department Transaction Hotline:YesYesYes

Segregated accounts for client funds: yes

Islamic swap free accounts: available

Demo account: yes 

Maximum leverage up to 1:500

Expert advisors: yes

Automated trading: yes

One click trading: yes

Social trading: yes, with Autotrade by MyFXBook

Negative balance protection: available

Margin call level: 100%

Stop out level: 80%

Currency pairs: 63

Trading Platforms

Meta Trader 4

Having established itself as the industry leading platform, the Metatrader 4 trading platform, also known as MT4, is the most reliable and popular platform a trader can use. With its intuitive interface and user-friendly environment, it provides essential tools and resources needed for successful online trading performance. MT4 is supported by Windows, Mac OS, iPhone/iPad, Android and any internet browser. Delve into forex trading with IronFX’s trusted MT4 platform.

With the IronFX Metatrader 4 platform, you can take advantage of leverage up to 1:1000, various account types to choose from as well as flexible trading conditions, mobile trading, in-depth analysis and support.

Experience trading with spreads as low as 0 pips, advanced trading signals and functions in our user-friendly platform created specifically for online trading. Trade Forex CFDs and spot markets from your desktop with MetaTrader 4.

MT4 Windows Trading Features

  • Manage orders, positions and equity online
  • All order types and execution modes
  • Monitoring of financial instruments’ prices and forex rates
  • Advanced charting and indicators
  • Online streaming news
  • Activity Reports

MT4 Windows Quick Login

  • Download and install the MT4 platform application
  • Select between logging in with an existing account or open a new account
  • Select IronFX from the list as your broker
  • Enter your real or demo account login data (username and password provided in your IronFX welcome email)
  • Start trading!

MT4 Webtrader Trading Platform

This in-house developed platform from IronFX provides full access to our multi-asset trading accounts, including full functionality via a user-friendly Web interface. Our WebTrader requires no download and can be used from any PC connected to the internet.

MT4 Webtrader Features

  • 100% web-based platform, access your MT4 remotely
  • Fully synchronised with the downloadable versions of the MT4
  • Monitoring of financial instruments’ prices and forex rates
  • Traders can use the web terminal without registration on MQL5 community
  • It is a modern HTML5 application that runs without any additional browser plug-ins or add-ons
  • The web terminal is safe to use – any transmitted information is securely encrypted

Register with IronFX and ensure your exclusive access to our AutoTrade solution, which allows you to choose and copy the best performing traders along with their strategies.

TradeCopier Platform

What is TradeCopier

TradeCopier allows you to copy the strategies of top performing traders in real time.

If you are a beginner to Forex or simply you don’t have enough time to spend on monitoring the markets, then this is an ideal solution to get you started in trading.

With IronFX’s TradeCopier you can start copying other traders, benefit from their expertise, and expand your own portfolio.

Strategy Follower

If you don’t have enough knowledge or time to trade on the forex market, then why not follow in the footsteps of an experienced trader. You can start copying the strategies of our Strategy Provider(s) and create your own portfolio.

When you first register, you can select only one Strategy Provider, but later on you can follow more Strategy Providers through the TradeCopier platform. You can easily withdraw your funds at any time.

IronFX VPS Hosting

Discover the Virtual Private Server’s (VPS)—a virtual machine in which a website runs on its own server—and its advantages, and benefit from enhanced connection speed and security available for our clients. Access your trading account anywhere, at any time, reduce, or even eliminate, downtime and speed up your trading journey.

Ironfx Review : Payment Options

Minimum deposit requirement: $100

Payment methods: credit cards, Fasapay, Neteller, Qiwi, Skrill, Webmoney,Wire transfer

Ironfx Review : Educational Resources and Bonus Offers

Exclusive Trading Competitions and Promotions

IronFX gives you an extra boost by offering you the opportunity to participate in exclusive trading competitions and get bonuses and promotions. Discover our live and demo trading competitions with unique rewards and cash prizes. IronFX offers our clients promotions and bonuses to enhance their trading journey and increase their chances of trading successfully.

30 packages for the Football Cup in Qatar & amazing cash prizes $150,000 prize pool


Dates: 1 – 31 August

All traders from all regions

Minimum Deposit: $750 minimum deposit to enter

The top 10 winners will win a full package for the Football Cup in Qatar

Prize pool at $40,000 in total


Dates: 1– 30 September

All traders from all regions

$1,000 minimum deposit to enter

The top 5 winners will win full packages for the Football Cup in Qatar and cash prizes

Prize pool at $86,000 in total


Client Assistance

Customer support:  online chat, callback, phone, email

You can trade 24 hours a day, starting at 00:00 Monday and closing at 24:00 Friday (server time). Please note that the server time is GMT + 2 (GMT + 3 applies during daylight saving/summertime).

The procedure of account opening is easy and fast and takes less than 1 minute.

We require a recent utility bill (Water/Electricity bill) or a recent bank statement dated within the last six months. Please note that we are not accepting online statements and mobile phone bills.

How was the rating of Ironfx performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Ironfx FX broker performance and features. 

Overall our online Ironfx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Ironfx or you find inaccurate details Ironfx broker review please get in touch with us and the changes will be applied.

Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.