Traders are always looking for a safe and secure broker because brokers are the most important part of your trading adventure. The IronFX brokerage online platform provides commission-free trading services to its clients, increasing your profit margin. Investors will benefit from maximum leverage of 1:100 and minimal spreads. In addition, IronFX’s specialised customer service team is available to answer clients’ questions 24 hours a day, 7 days a week.
Here, we’ll talk about IronFX, a broker that specialises in fast trade execution.
What is IronFX?
Notesco Limited uses the domain name IronFX.com to market its trading services. The broker offers over 350 trading assets, including forex, cryptocurrencies, indices, stocks, and commodities. In addition, the broker provides clients with access to 10,000 markets.
The Financial Conduct Authority, CySEC and ASIC regulate and authorise the broker without any IronFX scandal. Silver, Gold, and Platinum accounts are among the three categories of accounts offered by the service. Withdrawals and deposits are processed quickly and smoothly by the provider. As a result, the broker does not impose any additional fees for client withdrawals.
Types of trading accounts
Silver Account
A silver account is appropriate for traders who are new to the financial market and have limited trading expertise. Account-holders will have access to more than 350 tradable assets. This account has a $250 minimum deposit. For forex, traders can acquire maximum leverage of 1:100, while cryptocurrency traders can get a minimum of 1:2. The spread starts at 0.07 pips with this broker.
Silver account customers benefit from the smooth deposit and withdrawal processes free of commissions. This account also comes with dedicated customer assistance and access to the education centre, which can help you improve your trading skills.
Gold Account
A gold account is available to investors that require more functionality than a silver account. This account includes all of the features of a silver account, as well as the possibility of new ones. Traders who open a gold account will also be assigned a personal account manager. There’s also a 25% switch discount.
The gold account’s spread will start at 20 points, which is insignificant for experienced traders. A forex leverage of 1:100 will be available to investors. For Gold account registration, traders must deposit a minimum of $250. On the IronFX online brokerage website, you can trade with no commission.
Platinum Account
The Platinum Account is designed to meet the needs of experienced and professional traders. A platinum account requires a minimum deposit of $100, and the spread starts at 0.03. Platinum account holders will also benefit from a 50% swap discount.
Platinum account holders have access to the education centre, including trading videos, articles, and other resources. These resources assist traders in broadening their knowledge and honing their skills.
How to open a trading account?
The process can be completed swiftly and conveniently online with IronFX. First, however, a four-step process must be followed to open an account with IronFX.
- Fill in the required information, such as your name, country code, email address, and passwords.
- Fill out the necessary information to open an account.
- Completing the essential documentation
- Make the deposit.
Trading Platform
The broker offers their clients MetaTrader 4, one of the most popular trading platforms, which has numerous built-in features such as one-click open and close positions and price dynamics. Moreover, it enables you to establish your own stop loss and profit targets. In addition, the MT 4 trading platform offers fast order execution, numerous trade execution modes, an analytical toolbox, and order history.
Traders can compare numerous assets using the MT 4 platform’s multiple chart window functionalities. You may also check your real-balance level and switch accounts with a single click on this platform. Traders can use their PC, laptop, Mac, or mobile device to access this platform. Both iOS and Android devices are supported by the MT 4 platform. Investors can use any browser to access the MT 4 platform. You may not need to download any additional software to use the MetaTrader 4 platform.
Deposit and Withdrawal process
Most accounts require a minimum initial deposit, which can be made in a variety of ways. Withdrawals are generally made in the same way; however, they can vary.
To start an account with IronFX, a minimum deposit of $250 is required. The broker accepts a variety of payment methods and does not charge fees on deposits, but withdrawals are subject to a conditional fee.
Skrill, Neteller, SafeCharge, VISA, Mastercard, Maestro, and VPay are among IronFX’s payment methods.
Withdrawals take 3 to 5 days to complete however deposits are processed instantly.
Bottom Line
On the IronFX online brokerage platform, you can trade 350+ CFDs in a safe and secure environment, with access to 10,000 markets. The broker offers their clients maximum leverage of 1:100 and a very low spread. Traders have three account options to choose from Silver account, Gold account, and Platinum account. In addition, the broker provides commission-free trading services, and there are no hidden fees on this website.