With the vast number of forex trading brokers available these days, searching for a reputable, reliable, and trustworthy broker can be a daunting task. One brokerage firm that has gained popularity over the years is IronFX – an online forex trading service that operates globally. Established in 2010, IronFX Forex broker is known for offering competitive trading services, a wide variety of financial instruments, multiple account types, extensive trading platforms, and excellent customer support. In this Ironfx review, we’ll take a deep dive into the brokerage firm to determine if it’s worth your time and investment.

Regulation and Trustworthiness
IronFX is regulated by various financial regulators worldwide, including the UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). This makes IronFX a trustworthy broker as well as a safer choice for traders, as it follows the highest regulatory standards aimed at protecting clients’ interests. Additionally, IronFX segregates clients’ funds from the company’s operating capital, meaning that clients’ funds are always safe and secure.
Trading Services
IronFX offers various trading services, including forex trading, metals, indices, commodities, Futures, and shares trading. With over 200 trading instruments available, traders can trade with ease on the MT4 trading platform or the MT5 platform. The MT5 platform is superior to the MT4 platform in terms of speed, charting, technical indicators, and market depth, just to mention a few. IronFX also offers several account types such as no commission, STP/ECN, Zero Spread, and VIP account types.
Commissions and Spreads
IronFX has competitive commission fees with spreads starting as low as 0.04 pips on forex pairs. Trading fees vary depending on the account type you choose, with the commission-based accounts having lower spreads. IronFX also charges an inactivity fee of $50 per month for accounts that have not been active for a period of one year, which may affect traders that primarily focus on long-term investments.
Customer Support
IronFX provides excellent customer support to its clients via email, phone, and live chat. Depending on the account type, clients have assigned account managers who provide one-on-one support and educational materials such as webinars, trading alerts, and market analysis. Clients can also access the IronFX customer support center, which has an extensive knowledge base and frequently asked questions to inform and assist clients.
In short:
Knowing the strengths and weaknesses of a forex broker before stepping into the industry can be the difference between success and failure in trading. IronFX has an excellent reputation globally and has put measures in place to ensure that clients’ safety and interests come first. With competitive trading fees, a wide variety of trading instruments, and an array of account types, Ironfx review might be the ideal platform for forex and CFD trading. However, new investors should be wary of the inactivity fee and thoroughly consider all factors before deciding to sign up.