IronFX Reviews 2022: Scam or Legit?

More and more traders are looking for dependable forex brokers they can use for trading. One of the names popular in this field is IronFX. The platform has been sought in the financial services field for quite a long time and has a well-thought website, providing clients an inclusive list of their trading platforms, analysis tools, educational research hubs, and many more. 

In this guide, you can learn what IronFX is and whether it is good to use for trading or not. Without further ado, let’s begin.

What is IronFX?

IronFX is a digital, multi-asset broker best known for forex trading. Once registered, a user can access the famous MetaTrader 4 (a trading platform), ultra-low spreads from as low as 0.0 pips, and even flexible leverage.

The platform has established a solid reputation as a dependable and trusted broker in the market. Its present and previous sponsorships with global brands like Korean Freediving Team, IronFX Racing Yacht team, and FC Barcelona team have set it to stand out from other brokers. 

Also, its trading platforms and financial products are accessible in more than 180 nations, with over 1.2 million users signing up to the platform to trade.

Platform and Software 

IronFX provides ten trading platforms with more than 200 tradable instruments, including Sirix Social Trader, MT 5, MT 4, Webtrader, PMAM, MultiTrade, and other IronFX mobile platforms. These platforms are designed to offer only the best trading experience, being highly efficient and clean at the same time.

On top of that, the platforms have won numerous awards for both mobile apps and desktop, as they integrate advanced and customizable tools. Many users have also reported enjoying these platforms. 

Account Types Available 

A user can find three types of accounts with different features:

• VIP Account – $200,000 minimum deposit. The account is only available in US dollars, but it comes with a personal account manager available to the user 24/7.

• Premium Account – $2,500 minimum deposit and features leverage of at least 1:500

• Micro Account – $500 minimum deposit 

All traders must keep in mind that higher account levels provide tighter spreads and better leverages. On top of the three main account types, they can also find free Demo and Islamic accounts available. 

Promotions and Bonuses

It’s a well-known fact that IronFx Education is popular with novice and experienced traders. They are user-friendly and useful for beginners, with the company arranging webinars, seminars, and giving other informative materials.

IronFX takes pride in its free trade education and its quality level. Their promotions also involve personal managers for high-level and experienced traders. They also organize bonuses and promotions for new and existing customers.

For instance, they provide First Deposit Bonuses that are as high as 100% and monthly competitions for Demo Account holders with cash and other prizes. The trading broker also provides a referral system and gives $50 to $200 awards for referring a friend to make a new account.

Is IronFX Legit or Scam?

Overall, it’s no doubt that IronFX is legit. They provide amazing services for its users, not to mention they employ standard security features to keep their users’ personal data safe. They also use website encryption at the same time. 

IronFX is an excellent broker for beginners and intermediates. They provide a dependable MT4 trading platform, an array of products, plus leverage levels, and competitive spreads. The option of account types will also suit different trading styles and capital needs.