Global Broker Regulation Inquiry App
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

IronFX

Anguilla Anguilla | 15-20 years | Environment A |
ECN Account Regulated in Cyprus | Market Maker (MM) | MT4 Full License | Spain EEA Authorised Revoked | Suspicious Overrun | High potential risk | Offshore Regulated

https://www.ironfx.com/en/

Website

Rating Index

Environment

Environment

A

Average transaction speed (ms)

293.2 Great

MT4/5

Full License

IronFX-Demo1

Netherlands
Netherlands
MT4
639

Influence

B

Influence index NO.1

Japan Japan 4.13
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:AAA

Slippage:AAA

Cost:AA

Disconnected:AA

Rollover:D

MT4/5 Identification

MT4/5 Identification

Full License

639
Server Name
IronFX-Demo1 MT4
Server Location Netherlands Netherlands

Influence

Influence

B

Influence index NO.1

Japan Japan 4.13
Surpassed 78.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@ironfx.com
https://www.ironfx.com/en/
https://www.facebook.com/IronFX
https://x.com/ironfxglobal
VPS Standard
No restriction on the broker account
CPU

Single Core

RAM

1G

SSD

40G

ADSL

1M*ADSL

Open
WikiFX Risk Alerts
  • WikiFX has received a total of 44 user complaints against this broker, please be aware of the risks and do not be scammed!
8
布谷哩

布谷哩

Authenticated
Verified

Japan

Refuses to process withdrawals of profits. Extremely poor platform. Forcibly deducts all profits and even pressures me into making deposits.

Exposure

FX2153422873

FX2153422873

Verified

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

FX2153422873

Verified

Malaysia

What do I need to write? Or is there customer service to contact?

Exposure

FX3327799631

FX3327799631

Verified

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

FX3327799631

Verified

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

Hakan Uçkaya

Unverified

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

FX1261484272

Unverified

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

FX2755952390

Unverified

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

andylauforex

Unverified

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

FX1238076122

Unverified

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

浮生9538

Unverified

China

The platform does not withdraw money when making profits, and inexplicably wipes out the profits.

Exposure

Ismail Ismail

Ismail Ismail

Unverified

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

FX1238076122

Unverified

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

FX3794515975

Unverified

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

FX2881795360

Unverified

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

FX2881795360

Unverified

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

FX2978701092

Unverified

Vietnam

Automatic deduction from MT4 account 14076850. Amount: $22,029.50

Exposure

FX3146237879

FX3146237879

Unverified

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

Zerker

Unverified

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

Positive

Ouangxb

Ouangxb

Unverified

Malaysia

Had some issues in accessing my account - Xenios helped me through it without fuss - very helpful.

Positive

Positive

FX1696530428

FX1696530428

Unverified

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

Positive

Derya Fnight

Derya Fnight

Unverified

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

Positive

Sleepy6

Sleepy6

Unverified

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

Neutral

51
Account
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Environment
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Disclosure
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
30
MT4 Servers
0
MT5 Servers
132.51
velocityIcon
Average execution speed/ms

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

Meta Trader 4
Meta Trader 4
Perfect

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Environment

Average transaction speed(ms)
293.2 Great
The highest transaction speed(ms)
203
The highest speed of opening positions(ms)
157 Good
The highest speed of closing position(ms)
296
The lowest speed of opening positions(ms)
359 Perfect
The lowest speed of closing position(ms)
343 Perfect
12.46USD/Lot Great
24USD/Lot Perfect
Long: -12.75USD/Lot    Short: 2.01USD/Lot Poor
Long: -45.8USD/Lot    Short: 18.2USD/Lot Poor
Average slippage
-8 Good
Maximum transaction slippage
4 Great
Maximum positive slippage
-2 Great
Maximum negative slippage
4 Great
Average disconnection frequency (times/day)
0.4 Perfect
Average reconnection time (millisecond/per request)
3.2
Ranking: 48 / 119
Test user 361
Orders 1,228
Ocuppied margin $31,007,687 USD
Data Source
WikiFX Data provide
Updated: 2025-12-16 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

  • United States ironfx.co.uk
    192.230.81.251
  • United States ironfx.com
    162.125.32.15
  • United States ironfxcn.com
    45.60.33.180
  • United States wronfx.com
    23.230.179.63
  • United States ironfx.eu
    45.60.31.180

Genealogy

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Download APP
vip vip
IronFX

Relevant Enterprises

NOTESCO FINANCIAL SERVICES LIMITED(Cyprus)
Cyprus
NOTESCO FINANCIAL SERVICES LIMITED(Cyprus)
Active
Cyprus
Registration No.
HE260651
Established
IRONFX GLOBAL NZ LIMITED(New Zealand)
New Zealand
IRONFX GLOBAL NZ LIMITED(New Zealand)
Deregistered
New Zealand
Registration No.
4445440
Established
Employees

Company Summary

Quick IronFX Review Summary
Founded2008
Registered Country/RegionCyprus
RegulationCYSEC, FCA, FSCA (General Registration)
Market Instruments80+ currency pairs, metals, indices, commodities, futures, shares
Islamic Account
Account TypeStandard Floating, Standard Fixed, Raw ECN, ECN VIP
LeverageUp to 1:2000
SpreadStarting from 0.0 pips
Trading PlatformMT4
Copy Trading
Customer SupportLive chat, contact form
Regional RestrictionsUSA, Cuba, Sudan, Syria and North Korea
Bonus100% 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.

IronFX's homepage

Pros and Cons

ProsCons
Regulated by CySEC and FCAClients from the USA, Cuba, Sudan, Syria and North Korea are not accepted
Various trading assetsFSCA license is only general registered
Multiple account typesLack 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 CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Cyprus
CYSECNotesco Financial Services LtdMarket Making (MM)125/10
UK
FCANotesco LimitedStraight Through Processing (STP)585561
South Africa
FSCANOTESCO SA (PTY) LTDFinancial Service Corporate45276
Regulated by CySEC
Regulated by FCA
General registered FSCA license
Domain information

What Can I Trade on IronFX?

IronFX offers trading in 80+ currency pairs, metals, indices, commodities, futures, and shares.

Tradable AssetsSupported
Currency pairs
Metals
Indices
Commodities
Futures
Shares
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on IronFX?

Account Types/Fees

Account TypesStandard FloatingStandard FixedRaw ECNECN VIP
CFD InstrumentsForex, Metals, Indices, Commodities, Futures, SharesForex, Metals, Indices, Commodities, Futures, SharesForex, Metals, Indices, Commodities, Futures, SharesForex, Metals, Indices, Commodities
Leverage1:20001:20001:10001:200
Av. Spreads on Forex1.2 pips1.2 pips0 pips0.3 pips
Av. Spreads on Gold2.5 pips2.5 pips1.1 pips1.1 pips
CommissionNo CommissionNo CommissionYesNo Commission
Base CurrencyUSD, EUR, GBP, JPY, AUD, CHF, CZK, PLN, ZAR, XBT, XET*USD, EUR, GBP, JPY, XBT, XETUSD, EUR, GBP, JPYUSD, EUR, GBP
Stop out20%20%50%50%
Swap free/IslamicYesYesNoNo
Minimum Lot Size0.010.010.010.01
Dedicated Account Manager available24/524/524/524/5
Dealing Department Transaction HotlineYesYesYesYes

Account Types/Fees

Trading Platform

IronFX's trading platform is the industry-leading MT4, which supports traders on Desktop, Mobile, and Web devices.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Mobile, WebBeginners
MT5/Experienced traders
Trading Platform

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

IronFX Review 2025: Is This Broker Trustworthy or a Scam?

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.

IronFX: A Closer Look at Its Licences

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.

IronFX Broker Review 2025: A Comprehensive Analysis of Trustworthiness and Performance

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!

IronFX UK 2024 Revenue Doubles to $1.44 Million

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.

Know More About IronFX and Their Trading Services

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

IronFX Launches Online Trading Education to Boost Trader Education

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.

View More

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com