IronFX Forex Review 2026

Name: IronFX Forex Review 2026
Item: IronFX
Rating: 4.2
Author: Adam Peters

Our Ratings

4.2

out of 5

Safety & Regulation

4.3

Fees & Costs

4.7

Markets & Products

3.9

Platforms & Execution

4.0

Deposit & Withdrawal

4.1

Trading Tools & Research

3.3

Account Opening

4.8

Customer Service

4.3

Education

4.4

Key Facts

Regulation

FCA, CySEC, FSCA, BVI FSC

Broker Type

STP, ECN, Market Maker

Min. Deposit

$100

Platforms

IronFX Mobile App, IronFX Web Platform, MetaTrader 4 (MT4)

Negative Balance Protection

Yes

Max Leverage

1:30 (FCA), 1:30 (CySEC), 1:30 (FSCA), 1:2000 (BVI FSC)

Demo Account

Yes

Spreads From

1.2 pips

VISIT IRONFX Compare all broker reviews

75% of retail FX and CFD accounts lose money.

IronFX - At a Glance

Company & Overview

Established: 2010
Headquarters: Spyrou Kyprianou 68, Germasogeia, 4042 Limassol, Cyprus.
International Offices: United Kingdom, Cyprus, Australia, South Africa
Publicly Traded: No
Broker Type: STP, ECN, Market Maker
Regulation: FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), BVI FSC (British Virgin Islands)
Segregated Client Funds: Yes
Negative Balance Protection: Yes
Provided per trading account on the UK entity. The risk disclosure states clients will not enter into a negative balance or be required to recover such losses. Cover on the BVI entity is not documented.
Banking License: No
Languages: English, French, Spanish, Japanese, Korean, Portguese, Chinese, Arabic, Persian, Russian, Dutch, Malay, Vietnamese, Tagalog, Thai, Indonesian
Customer Support: Live Chat, Email, Phone
Customer Support Hours: 24/5

Account Types

Demo Account: Yes
Swap Free Account: Yes
Joint Account: Yes
Corporate Account: Yes
Dedicated corporate accounts with named account managers.
Managed Account: Yes
PAMM / MAM Trading: Yes
Social / Copy Trading: Yes

Account Conditions

Minimum Deposit: $100
Payment Methods: Bank Transfer, Debit Cards, Credit Cards, Cryptocurrency, Skrill, Neteller, Union Pay, FasaPay, GlobePay, Bitwallet, WebMoney, Perfect Money
Account Currencies: USD, EUR, GBP, JPY, AUD, CHF, CZK, PLN, ZAR, XBT, XET
Maximum Leverage: 1:30 (FCA), 1:30 (CySEC), 1:30 (FSCA), 1:2000 (BVI FSC)
Bonuses: Yes
Offered through the BVI entity only. FCA and CySEC prohibit deposit and trading bonuses for retail clients.
Contests: Yes
Offered through the BVI entity only. Trading competitions are restricted for retail clients under FCA and CySEC rules.

Trading Conditions

Markets & Products: Forex, CFDs
Currency Pairs: 80+ FX pairs
Minimum Lot Size: 0.01
Maximum Lot Size: 200
Decimal Pricing: 5 decimals
Order Types: Instant orders, which may be requoted if the price is unavailable, plus four pending types: buy limit, buy stop, sell limit and sell stop. Stop loss, take profit and trailing stop can be attached. Trailing stop runs in the client terminal, not the server, so it stops working if the terminal is off.
Execution Type: Hybrid STP, ECN and market maker
Margin Call Level: 50%
Stop Out Level: 20% or 50% (by account type)
Hedging: Yes
Scalping: Yes

Fees & Costs

Spread Type: Fixed, Variable
Spread From: 1.2 pips (Standard Fixed Account), 0.0 pips (Raw ECN Account), 0.3 pips (ECN VIP Account)
Commission: Standard Floating Account: No commission, Standard Fixed Account: No commission, Raw ECN Account: $3.0 per lot per side, ECN VIP Account: No commission
Overnight / Swap Fees: Yes
Deposit Fee: No
IronFX charges nothing on deposits. Banks and payment providers may add their own fees.
Withdrawal Fee: Varies
No standard withdrawal fee, but IronFX reserves the right to apply a 3% "no trading" fee where a client has deposited and requested a withdrawal without ever entering a trade.
Currency Conversion Fee: Yes
Account Maintenance Fee: No
Inactivity Fee: No
Custody Fee: No

Platforms & Tools

Trading Platforms: IronFX Mobile App, IronFX Web Platform, MetaTrader 4 (MT4)
Mobile App: Yes
API Access: No
VPS Hosting: Yes
Automated Trading: Yes

How IronFX's costs compare

Spread from (major pairs)1.2 pips

Catalogue median: 0.8 pips across 49 brokers · lower is cheaper

Minimum deposit$100

Catalogue median: $10 across 49 brokers · lower is more accessible

The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.