The online broker offers several different account types and trading platforms, as well as a blog, research material and educational resources. IronFX also offers social trading via its AutoTrade platform and keeps segregated accounts for traders. The broker is also https://forexhero.info/ holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.
Can I Use MetaTrader 5 At IronFX?
All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. IronFX supports only forex and CFD trading on multiple assets. The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although IronFX might be suitable for traders who only want to trade in these markets. For a wider range of asset classes, you might want to look for a different online broker.
FxPro vs IronFX 2024
- To compare the trading platforms of both Interactive Brokers and IronFX, we tested each broker’s trading tools, research capabilities, and mobile apps.
- To verify the availability of any features or markets within your country of residence, please contact the broker directly.
- There is a very high degree of risk involved in trading securities.
- To learn more about country-specific regulations and restrictions (and to discover our data-based picks for the best brokers by country), check out our country guides.
- IronFX also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000.
FxPro holds 1 global Tier-2 licenses, while IronFX holds 0. Based on our research on the regulatory status of over 60 brokers, we’ve found that IronFX holds 3 global Tier-1 licenses, while IC Markets holds 2. Based on our research on the regulatory status of over 60 brokers, we’ve found that Interactive Brokers holds 9 global Tier-1 licenses, while IronFX holds 3.
Trading Platforms at IronFX
This trading competition is set to take place over three months, starting on 3rd April 2023 and ending on 30th June 2023. It has a massive prize pool of $500,000, making it one of the most lucrative in the industry.Also, the company offers exceptional trading bonuses to incentivize and encourage new traders. These bonuses come in the form of deposit boosters, providing traders with attractive Forex deposit bonuses to boost their trading experience. They provide a lot of financial services and any traders can find here everything that he needs.There is a great trading academy that offers many educational materials.
To open a trading account with Interactive Brokers, you’ll need to make an initial minimum deposit of $0. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. IronFX offers MetaTrader 4 (MT4), while Interactive Brokers does not. Forex traders also appreciate the ability to engage in social copy trading.
Alternatively, you can trade directly through MetaTrader’s WebTrader. It depends on account conditions and particular asset, but I saw the tightest spread on XAU/USD equal to 0,35. But you should visit official website to get more information I think.
Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that FxPro offers better pricing overall for traders. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that IC Markets offers better pricing overall for traders. We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence.
All BrokerNotes content is researched, fact-checked, and edited by the research team. The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal. Keep in mind that the bonus you received when you opened your account is removed when you make a withdrawal.
We’ve researched the MetaTrader offerings of 60+ forex brokers and found that 78% of brokers offer the more famous version of MetaTrader, MT4, while only 63% offer the newest version, MT5. We have in-depth guides on MetaTrader if you’d like to learn more; check out our guide to MT4, or read our in-depth guide to MT5. Yes; in case you were wondering, 77% of the brokers ironfx review reviewed on BrokerNotes.co offer copy trading. To learn more about social copy trading (and to see our picks for the best forex brokers for copy trading), check out our guide to copy trading. Check out our visual breakdown below to get an idea of how IronFX’s status as a Trusted broker compares to the average Trust Score label in our database of 60+ forex brokers.
Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Withdrawals below $300 will have a fee of $55 per transaction. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.
Trading according to the market analysis has really helped me increase my profit, for sure IronFX is really the main deal!! Compare IronFX with the top 3 similar brokers that accept traders from your location. The MetaTrader 5 platform is not currently available at IronFX. Instead, customers have access to the MetaTrader 4 platform. With that said, the brokerage does have plans to introduce MT5 in the future.
