IronFX Journal
| Journal status: live IronFX joined in | not yet |
IronFX Profile
Website
Year
2010
Country
Bermuda
Branches
5
Regulation
not regulated
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Cuba, Iran, North Korea, Sudan, Syria, US
Broker type
MM, STP, ECN pricing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
26
LPs quality
Tier-1 Banks, Non-banks, Tier-2 PoPs
LPs names
BNP Paribas, Bank of America, Barclays, Citibank, Commerzbank, Credit Suisse, Deutsche Bank, Goldman Sachs, IS Prime, JPMorgan, Natixis, Nomura, RBS, Societe Generale, UBS, Virtu Financial
IronFX Accounts
MM
STP
ECN
Minimum Deposit
500 $
500 $
500 $
Leverage
1000 : 1
200 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
1.6 pips
1.7 pips
0.3 pips
Commission
0 $/lotRT
0 $/lotRT
13.5 $/lotRT
Volume
40 lots
40 lots
40 lots
Margin Call
...
40 %
40 %
Stop Out
50 %
20 %
20 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
yes
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, Dotpay
Base currency
USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, HUF, CZK
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: IronFX broker profile
Is IronFX safe?
- Investor protection: no
- Regulation: not regulated
- Registration: no
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is IronFX trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- IronFX website: semi-detailed, updated
★★★ - IronFX popularity (by visitor count): average
★★★
How IronFX works
7.1. The Client understands and acknowledges that the company will enter intro transactions with the client as principal (counterparty), not as an agent and where the client holds an STP-ECN account with the Company will nonetheless act on behalf of the Client in the capacity of agent for all STP-ECN Client Account Transactions. The Company will be the contractual counterparty to the Client.
13.4 The Client who opens STP-ECN account acknowledges that in case the Company transmits the Client's order to the Liquidity Provider(s) for execution, the order may be executed against the Liquidity Provider(s), or executed within the ECN of the Liquidity Provider(s).
The Company reserves the right at it's own discretion, without the Client's consent, due to the risk management policies to transfer the Client's execution to STP/ECN execution when the Client's trading strategy, exposes the Company to greater risk than the Company can tolerate.
https://www.ironfx.com/sites/default/files/1.%20IronFX%20BM_Terms%20of%20Business_v.2020-001.pdf
Add new comment...