Score
Saint Vincent and the Grenadines
|
5-10 years
| https://irontrade.com/
Website
Rating Index
Influence
D
Influence index NO.1
India 2.81
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
irontrade.com United States
VIP is not activated.
| IronTrade Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Not regulated |
| Market Instruments | Forex, Commodities, Stocks, Indices, CFDs |
| Demo Account | ✅ |
| Leverage | Not mentioned |
| Spread | Not applicable (binary options model – fixed returns instead of spreads) |
| Trading Platform | Proprietary platform (Web, Android, iOS) |
| Min Deposit | $10 |
| Customer Support | Vietnamese (+84) 244-4582-123Thai (+66) 2508-8663Hindi 000-800-040-1806Indonesian (+62) 215-085-1234. |
| support@irontrade.com or info@irontrade.com | |
Founded in 2013 and registered in Saint Vincent and the Grenadines, IronTrade is a binary options trading platform. It gives access to more than 70 instruments and offers fixed-return trading via a unique platform. Although the platform is low entry and user-friendly, it runs without any regulatory control.
| Pros | Cons |
| Low minimum deposit ($10) | Not regulated |
| Simple, beginner-friendly platform | Fixed payouts limit profit potential |
| Access to different instruments including forex and CFDs | No MT4/MT5 support, no Islamic account |
IronTrade is an unregulated broker. Registered in Saint Vincent and the Grenadines, where the local authority (FSA) does not supervise forex and CFD brokers. IronTrade is also unlicensed by significant authorities such as the FCA, ASIC, or CySEC.
The WHOIS search shows the name irontrade.com was registered on February 21, 2005. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar. The domain is scheduled to expire on February 21, 2026, and the most current update was on January 31, 2025.
IronTrade offers more than 70 trading instruments, including currency pairs, indices, commodities, and individualstocks. The platform emphasizes accessible markets through CFDs and significant worldwide brands.
| Tradable Instruments | Supported |
| Forex | ✅ |
| Commodities | ✅ |
| Crypto | ❌ |
| CFD | ✅ |
| Indexes | ✅ |
| Stock | ✅ |
| ETF | ❌ |
IronTrade has two kinds of live trading accounts: a Standard account with a low entry barrier of $10, perfect for novices, and a VIP account needing a $900 deposit, meant for experienced traders looking for better returns (up to 90%) and priority services. Though it lacks Islamic (swap-free) accounts, the platform does provide a sample account for practice.
IronTrades fees are higher than average due to its binary options model. Instead of spreads or commissions, the platform takes a 10% fee from each successful trade, meaning traders receive only 80% payout, which reduces overall profitability compared to standard brokers.
Based on the description provided, IronTrade appears to offer a custom-built proprietary trading platform, likely optimized for binary options style trading (predicting price direction with fixed outcomes).
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| Proprietary Platform | ✅ | Web, Android, iOS | Beginners and casual traders focused on simple fixed-return trading |
| MetaTrader 4 (MT4) | ❌ | – | – |
| MetaTrader 5 (MT5) | ❌ | – | – |
IronTrade does not explicitly charge any deposit or withdrawal fees, but the processing time and possible third-party charges depend on the payment method used. The minimum deposit amount is $10.
| Method | Min. Amount | Fees | Processing Time |
| Visa / Mastercard / Maestro | $10 | Not mentioned (likely free, but may vary) | From seconds to several days (depends on processor) |
| Bank Wire Transfer | $10 | Not mentioned (likely free, but depends on bank) | Up to 45 business days |
IronTrade Review 2021. Is the broker legit? Is it a scam? Trading platform.
Yes, the main drawbacks are its lack of regulation, no support for MT4/MT5, no Islamic account option, and a fixed payout structure that limits profit potential.
IronTrade offers a demo account to allow beginners to practice and familiarize themselves with the platform before trading with real money.
IronTrade supports Visa, Mastercard, Maestro, and bank wire transfers for deposits and withdrawals.
IronTrade offers a Standard account with a low deposit requirement of $10, and a VIP account requiring a $900 deposit, designed for more experienced traders.
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