Score
IronFX
https://www.ironfx.com/en/
Website
Rating Index
Environment
Environment
A
Average transaction speed (ms)
MT4/5
Full License
IronFX-Demo1
Influence
B
Influence index NO.1
Environment
Speed:AAA
Slippage:AAA
Cost:AA
Disconnected:AA
Rollover:D
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
B
Influence index NO.1
Contact
Single Core
1G
40G
1M*ADSL
- WikiFX has received a total of 44 user complaints against this broker, please be aware of the risks and do not be scammed!
Account
- EnvironmentA
- Currency--
- Maximum Leverage1:200
- SupportedEA
- Minimum Deposit--
- Minimum SpreadForex 0.3, Gold 1.1
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- CommissionNo
- ProductsForex, Metals, Indices, Commodities
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Company Summary
| Quick IronFX Review Summary | |
| Founded | 2008 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC, FCA, FSCA (General Registration) |
| Market Instruments | 80+ currency pairs, metals, indices, commodities, futures, shares |
| Islamic Account | ✅ |
| Account Type | Standard Floating, Standard Fixed, Raw ECN, ECN VIP |
| Leverage | Up to 1:2000 |
| Spread | Starting from 0.0 pips |
| Trading Platform | MT4 |
| Copy Trading | ✅ |
| Customer Support | Live chat, contact form |
| Regional Restrictions | USA, Cuba, Sudan, Syria and North Korea |
| Bonus | 100% unlimited sharing bonus |
IronFX Information
Founded in 2008, IronFX is a regulated brokerage registered in Cyprus, offering trading in 80+ currency pairs, metals, indices, commodities, futures, and shares with leverage up to 1:1000 and spread from 0.0 pips via the popular MT4 platform.

Pros and Cons
| Pros | Cons |
| Regulated by CySEC and FCA | Clients from the USA, Cuba, Sudan, Syria and North Korea are not accepted |
| Various trading assets | FSCA license is only general registered |
| Multiple account types | Lack of info on deposits and withdrawals |
| MT4 supported | |
| Live chat support |
Is IronFX Legit?
Yes, IronFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the United Kingdom. It also holds a general registered Financial Sector Conduct Authority (FSCA) license.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
![]() | CYSEC | Notesco Financial Services Ltd | Market Making (MM) | 125/10 |
![]() | FCA | Notesco Limited | Straight Through Processing (STP) | 585561 |
![]() | FSCA | NOTESCO SA (PTY) LTD | Financial Service Corporate | 45276 |




What Can I Trade on IronFX?
IronFX offers trading in 80+ currency pairs, metals, indices, commodities, futures, and shares.
| Tradable Assets | Supported |
| Currency pairs | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Futures | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Account Types/Fees
| Account Types | Standard Floating | Standard Fixed | Raw ECN | ECN VIP |
|---|---|---|---|---|
| CFD Instruments | Forex, Metals, Indices, Commodities, Futures, Shares | Forex, Metals, Indices, Commodities, Futures, Shares | Forex, Metals, Indices, Commodities, Futures, Shares | Forex, Metals, Indices, Commodities |
| Leverage | 1:2000 | 1:2000 | 1:1000 | 1:200 |
| Av. Spreads on Forex | 1.2 pips | 1.2 pips | 0 pips | 0.3 pips |
| Av. Spreads on Gold | 2.5 pips | 2.5 pips | 1.1 pips | 1.1 pips |
| Commission | No Commission | No Commission | Yes | No Commission |
| Base Currency | USD, EUR, GBP, JPY, AUD, CHF, CZK, PLN, ZAR, XBT, XET* | USD, EUR, GBP, JPY, XBT, XET | USD, EUR, GBP, JPY | USD, EUR, GBP |
| Stop out | 20% | 20% | 50% | 50% |
| Swap free/Islamic | Yes | Yes | No | No |
| Minimum Lot Size | 0.01 | 0.01 | 0.01 | 0.01 |
| Dedicated Account Manager available | 24/5 | 24/5 | 24/5 | 24/5 |
| Dealing Department Transaction Hotline | Yes | Yes | Yes | Yes |

Trading Platform
IronFX's trading platform is the industry-leading MT4, which supports traders on Desktop, Mobile, and Web devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | / | Experienced traders |

Keywords
- 15-20 years
- Regulated in Cyprus
- Regulated in United Kingdom
- Regulated in South Africa
- Regulated in The Virgin Islands
- Market Maker (MM)
- Straight Through Processing (STP)
- Financial Service Corporate
- Retail Forex License
- MT4 Full License
- Self-developed
- Spain EEA Authorised Revoked
- New Zealand Financial Service Corporate Revoked
- Suspicious Overrun
- High potential risk
- Offshore Regulated
News

Exposure IronFX Review 2025: Is This Broker Trustworthy or a Scam?
Discover our comprehensive 2025 IronFX review. Explore account types, trading performance, regulation, and user feedback to determine if this broker is trustworthy or a potential scam. Updated June 13, 2025.

News IronFX: A Closer Look at Its Licences
In an industry where safety and transparency are essential, the regulatory status of online brokers has never been more important. For traders seeking to protect their capital, ensuring that a platform operates under recognised and stringent oversight can make all the difference. Keep reading to learn more about IronFX and its licenses.

Exposure IronFX Broker Review 2025: A Comprehensive Analysis of Trustworthiness and Performance
IronFX Review 2025: Explore the broker’s AAAA WikiFX rating, global regulations, and $500,000 trading prize. Is it trustworthy or a scam? Dive into our transparent analysis!

News IronFX UK 2024 Revenue Doubles to $1.44 Million
In 2024, IronFX UK saw its revenue double to $1.44 million, maintaining profitability despite rising administrative costs. The company attributed the growth to a stronger UK client base and remains optimistic about future cost optimization. Meanwhile, founder Markos Kashiouris expands into prop trading, signaling broader ambitions.

Exposure Know More About IronFX and Their Trading Services
Get to Know More About IronFX and Their Services, Trading Platforms, and Global Reach in This Detailed Overview of Their Operations and Offerings

News IronFX Launches Online Trading Education to Boost Trader Education
IronFX launches a trading education blog offering in-depth market analysis, expert insights, and practical strategies for traders at all levels.
Wiki Q&A
Does IronFX charge commissions?
There are no commissions on Standard, Premium, and VIP accounts, and commissions on Live Zero Fixed Spread accounts.
Does IronFX offer Islamic account types?
Yes, IronFX offers Islamic accounts that enable Shariah-compliant investors to trade the markets without violating their beliefs and without charging interest.
Is IronFX regulated?
IronFX is regulated by CYSEC and FCA with license numbers 125/10 and 585561, respectively. The FCA also regulates it, but the regulatory status is "Exceeded".
What trading platforms does IronFX offer?
IronFX uses the industry-leading MT4 trading platform and supports desktop, mobile, and web trading.
User Reviews 51
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布谷哩
Japan
Refuses to process withdrawals of profits. Extremely poor platform. Forcibly deducts all profits and even pressures me into making deposits.
Exposure
FX2153422873
Malaysia
When I made a profit, I was told to profit from the price difference, and then maliciously deducted all the profits along with some of the principal. The account manager admitted they couldn’t help, and customer service insisted on upholding the deduction decision. Please, WikiFX, help me defend my rights. Thank you!
Exposure
FX2153422873
Malaysia
What do I need to write? Or is there customer service to contact?
Exposure
FX3327799631
Indonesia
THE PRICE WAS 295.50 BUT THE SLIPPAGE WENT STRAIGHT TO 300.50, AND MY BALANCE IMMEDIATELY WENT INTO A DEFICIT OF $67.84, EVEN THOUGH TODAY'S CANDLESTICK DIDN'T REACH THE PRICE OF 300.50. RETURN MY BALANCE!
Exposure
FX3327799631
Indonesia
I bought at the current entry area which was at 295.50, but why did I get filled at 300.50? So I immediately lost $67.87, while today's candlestick didn't show any indication at the 300.50 area at all. This broker is deceitful, be careful, and here I provide the proof.
Exposure
Hakan Uçkaya
Turkey
I am a user of the Ironfx 15188106 account, today (21.10.2025) I made a withdrawal request of $40,000 from my account with a balance of $90,000 and immediately after that they deleted my money on the grounds that I arbited 62,690 dollars and they did not pay. My user account has been suspended. I request that my account transactions be reviewed by an independent auditor. I have been processing for about 2 years and my transaction style has always been like this. They harmed me in this way. I am waiting for your help. I am also sharing my transaction screenshots with you.They didn't give me any warning because of the incident, they didn't reply to the email they sent.
Exposure
FX1261484272
Singapore
It's an outright scam platform. After depositing 500 USDT and earning some profits, they accused me of violating some rules and wouldn't allow me to withdraw. This is sheer fraud, a scam platform.
Exposure
FX2755952390
Turkey
Hello. I'm trading with account number 15172341. I transferred $1,000 to my account on August 25, 2025. I requested a bonus from the company, but my request was denied. Since the company doesn't offer bonuses, I requested a withdrawal of my $1,000 deposit on August 26, 2025, but the company denied my request. I didn't take any action, but I haven't received my money back.
Exposure
andylauforex
Hong Kong
When the trade is at a loss, they consider it a normal transaction. But when there's a profit, they claim a pricing error and forcibly deduct it. Providing obscure sourced prices to justify the deductions, this shady platform swindled me of $13,720.83.
Exposure
FX1238076122
Indonesia
I experienced a bad thing with the ironFX broker. I deposited $1,000 and received a bonus, then I traded and made a profit of more than 100%. Then I tried to withdraw. I could withdraw, but the remaining balance was canceled. Terrible, don't trade with ironfx, friends, this broker is a scam. I will show a screenshot of my transactions. If there is a lot of profit, it will definitely be canceled. But there is no mistake.
Exposure
浮生9538
China
The platform does not withdraw money when making profits, and inexplicably wipes out the profits.
Exposure
Ismail Ismail
Turkey
Hello, I registered to the IronFx site with account number 23208344. After depositing 750 USD into the account and receiving a 40% bonus, I made the first transaction on 30.12.2024. I made about 1378 usd from my first trade. I encountered an error several times when making a withdrawal. Then I canceled the check. After learning the correct procedures from the customer representative, I completed the shooting process. However, it was later said that I had committed a violation and the money I deposited and earned was confiscated. I certainly did not commit such a violation. I did not cause any harm to the company. I did not violate the conditions specified in the bonus procedure. Later, when I wanted to learn the details from the customer representative, they blocked me. They didn't respond to my emails. I couldn't find a contact person. I demand the return of the money that was unjustly confiscated. It is fraud for the company to confiscate my money even though it does no harm.
Exposure
FX1238076122
Indonesia
Recently, a detrimental incident occurred to an Indonesian trader while trading with the broker IronFX. This case has caught the attention of the trading community due to indications of non-transparent and detrimental practices towards the trader. On December 12, 2024, a trader opened an account with IronFX by making a deposit of 1,000 USD and received a 40% bonus. The trader then conducted trading using a full lot size of 0.7 lots and successfully gained a profit of nearly 200%, and subsequently requested a withdrawal of 1,900 USD. The previously received bonus was automatically canceled in accordance with the broker's policy. However, suspicious activity occurred on December 13, 2024. In the afternoon, the remaining balance of the trader, amounting to 1,000 USD, suddenly disappeared. In the trading account statement, there appeared a strange transaction of EUR/USD Buy 0.01, resulting in a loss of -1,000 USD. However, the trader did not execute this transaction.
Exposure
FX3794515975
China
I registered through the official website via QQ customer service. After placing my orders, I kept earning, and eventually, I closed all positions thinking the market would still rise. I continued to place more orders and kept earning! I thought I had both luck and skill, but when it came time to withdraw, they refused to give me my profits, only the principal. After such a long time, an email claimed I was arbitraging and refused to give me the profits. I thought IronFX running away in 2015 would mean they'd be more legitimate this time around, but it's the same old story! I'm just laughing now; they won't let me withdraw without evidence. I have proof of my trades, which they never asked for; they just don't want to pay out.
Exposure
FX2881795360
Turkey
Ironfx confiscated all my funds, I made a profit of 900 USD, I made a withdrawal, they deleted all my money, they even took my principal money EURusd 0.01 They did it themselves, this way they deleted all my money
Exposure
FX2881795360
Turkey
I entered my account for the 100/100 shared bonus, opened a 0.25 lot position in gold, made a profit of 912 USD, requested a withdrawal of 450 USD, they deleted all my money, saying it was misuse, it's like a joke, I made a profit of 900 USD from a 0.25 lot position in gold.
Exposure
FX2978701092
Vietnam
Automatic deduction from MT4 account 14076850. Amount: $22,029.50
Exposure
FX3146237879
Hong Kong
Suddenly closed all my positions and then deducted all the funds from my account, a total of over $40,000 withdrawn 😩
Exposure
Zerker
Singapore
IronFX offers a good range of account types to suit different traders, including those looking for higher leverage. Their trading assets are diverse, covering currencies, metals, and commodities.
Positive
Ouangxb
Malaysia
Had some issues in accessing my account - Xenios helped me through it without fuss - very helpful.
Positive
FX1696530428
Australia
No joke, the spreads here have been super low these past three weeks. Huge plus! On top of that, customer support's been awesome. Every question I've thrown at them, they've answered right away and totally knew their stuff. 👍
Positive
Derya Fnight
New Zealand
IronFX's copy trading with Tradecopier is incredible! I wasn't sure at first, but following this guy Luke totally paid off. Check this out, I just made $278.68 in my currency trading. 😘😘😘
Positive
Sleepy6
China
Their free trading academy was a neat surprise, and having a range of devices to trade on was pretty cool. But man, those spreads randomly multiplying and support keepin' quiet?
Neutral