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IronFX

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United Kingdom

Founded in

2010 (15 Years)

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3.33

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FCA

Regulated

Licenses No: 585561

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FSCA

Regulated

Licenses No: 45276

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What are the differences in regulations for each ?

Woxa LTD.

Woxa LTD.

(13 Reviews)

foundedIn Mauritius

2018

(7 Years)

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Company Information

Get to know IronFX

IronFX is a forex and CFD broker founded in 2010, offering trading services across various financial instruments, including forex, commodities, indices, and cryptocurrencies. The broker provides platforms such as MetaTrader 4 (MT4) and offers multiple account types with features like tight spreads and leverage options. IronFX is regulated by authorities including the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

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Industry

  • Forex Retail BrokerPRIMARY
  • Financial Other Service
  • Technology Software Trading Platform

Software

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Meta Trader 4

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TrustFinance Intelligence Agency

Research date: Jul 14, 2025

IronFX UK has reported a significant revenue increase to $1.44 million in 2024, more than doubling from $702K in 2023. Despite a sharp rise in administrative expenses to $1.28 million, operating profit remained positive at $163K. Net profit dipped slightly to $124K due to increased income tax expenses. The company's directors expressed confidence in returning to a more efficient cost structure next year, supported by a growing UK client base. Additionally, IronFX founder Markos Kashiouris has launched a new prop trading platform, Ultimate Traders.

IronFX UK has reported a significant revenue increase to $1.44 million in 2024, more than doubling from $702K in 2023. Despite a sharp rise in administrative expenses to $1.28 million, operating profit remained positive at $163K. Net profit dipped slightly to $124K due to increased income tax expenses. The company's directors expressed confidence in returning to a more efficient cost structure next year, supported by a growing UK client base. Additionally, IronFX founder Markos Kashiouris has launched a new prop trading platform, Ultimate Traders.

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Summarization

IronFX Review: Is IronFX any good?

Land Prime Broker Overview and General Information

IronFX was founded in 2010 and has already gained a considerable reputation in Thailand, having entered the online market in Thailand, offering 10 trading platforms and over 300 tradable instruments.


Broker Licensing and Regulation

If you ask whether IronFX is good or not, you must first consider the license factor, which has the following licenses:

  • Financial Conduct Authority (FCA) License No. 585561 under NOTESCO UK Limited.

  • Financial Sector Conduct Authority (FSCA) License No. 45276 under NOTESCO SA (PTY) LTD.

⚠️WARNING: Please note that the licenses are applicable to specific jurisdictions only. Even with a license, traders outside of the jurisdiction may not be eligible for protection. 

Products and services from IronFX broker

IronFX stands out by giving traders the ability to instantly trade over 500 instruments across** 6 asset classes** on one platform. Trade CFDs across Forex, Shares, Metals, Futures, Commodities and Indices. Trade with tight spreads, best-in-class pricing and execution.

Trading products

  • Forex : 

    IronFX offers popular forex pairs such as EUR/USD, USD/JPY and GBP/USD with no re-quotes and maximizes profits and limits losses with competitive spreads.

  • Precious metals : 

    Experience trading CFDs on Gold and Silver through IronFX, offering a wide range of precious metals. Trade spot metals, both Short and Long, on the MT4 platform.

  • Index : 

    Speculate on the leading UK 100 stock index, NASDAQ.

    Access global markets: Trade spot indices CFDs

    Comprehensive insights: Analyze diverse investment opportunities

    No expiration date: Trade without time restrictions

    Fast Execution: Experience smooth and fast trading.

    Low Margin Requirements: Start trading with a small amount of capital.

  • Commodities :

    IronFX offers a wide range of Commodity CFDs for you to choose from to invest. Make the most of your opportunity to trade Commodity Spots with IronFX by diving deeper into natural resources such as Crude Oil, Coffee and Sugar.

  • Futures : 

    IronFX We give you access to CFD Futures, the most liquid instruments available. Power your trading with Coffee, Natural Gas and Eurodollar with fast execution and no re-quotes.

  • share :

     Buy and sell shares online while taking advantage of access to world-renowned brands such as Lloyds, Apple and Google, with an excellent track record of generating profits.


Trading Platform

  • MetaTrader 4

    MetaTrader 4, or MT4, is a popular online trading platform among both novice and professional traders. As the industry standard and combining user-friendly features, MT4 has everything traders need to succeed in online Forex trading.

    MT4 supports all devices including smartphones, PCs, laptops, iOS and Android.


  • VPS Hosting

    A Virtual Private Server (VPS) is a virtual computer that runs on its own dedicated server. It comes with several advantages, such as higher connection speeds and the security it provides to its customers.


  • PMAM

    Professional traders and portfolio managers can manage unlimited number of accounts, positions and funds with this platform with just one click.


IronFX Broker Account Types

IronFX offers a wide range of trading account types to suit your trading needs and styles. Choose from live accounts and STP/ECN trading accounts and enjoy the benefits of trading forex via the MT4 online platform.

Standard Account

  • Floating spreads start at 1.6, fixed at 1.9.

  • No commission

  • Maximum leverage 1:1000

  • Stop out 20%

  • CFDs on Forex, Metals, Indices, Commodities, Futures, Shares

  • Base currencies: USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK

Premium Account

  • Floating spread starts at 1.4, fixed at 1.7

  • No commission

  • Maximum leverage 1:1000

  • Stop out 20%

  • CFDs on Forex, Metals, Indices, Commodities, Futures, Shares

  • Base currencies: USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK

VIP Account

  • Floating spread starts at 1.2, fixed at 1.5

  • No commission

  • Maximum leverage 1:1000

  • Stop out 20%

  • CFDs on Forex, Metals, Indices, Commodities, Futures, Shares

  • Base Currency: USD

Live Zero Account

  • Fixed spread 0

  • There is a commission fee.

  • Maximum leverage 1:500

  • Stop out 50%

  • CFDs on Forex, Metals, Indices, Commodities

  • Base currencies: USD, EUR



IronFX Pros and Cons

Pros

  • There are many instruments to choose from for trading.

  • Lots of promotions

Cons

  • No deposit/withdrawal information is displayed on the website.

  • There is no MT5 platform

  • Lack of transparency in explaining fees Some users were charged high withdrawal fees without any explanation.

  • Customer support is slow to respond

  • Delayed withdrawal problem


Office location and contact channels

  • Live Chat

  • Email:support@IronFX.com

  • Telegram :https://t.me/IronFX_Telegram

  • Facebook :https://www.facebook.com/IronFX

  • Linkedin :https://www.linkedin.com/company/ironfxglobal/

  • YouTube :https://www.youtube.com/user/IronFXMarketing

  • X :https://twitter.com/ironfxglobal


IronFX Broker Overview Summary

IronFX is an ideal choice for experienced traders looking for a reliable broker with a wide range of trading options, account types and trading platforms.

Multiple deposit and withdrawal options but you must register an account with a broker to see the details.


However, there are still some considerations such as not supporting MT5, late withdrawal issues, and being charged fees without any details. These are the issues that have been mentioned by many users, so it is necessary to study the information carefully again.


Choose the safest and most suitable broker with TrustFinance reviews

Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.


 IronFX  Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.

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