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IronFX Review 2022 Is it a Scam or Legit Forex Broker ️
I ran the account up about 60% over 7 months, and then was able to withdraw the money fairly easily. They needed an additional document which I provided, and I got the money in my account via bank transfer in 2 days which I believe is completely fine. I don’t want to discount the experience of others here who look they’ve had a really horrible time, but just want to relay that my experience with IronFX was average. Getting money into the account was a bit tricky but I got help from their support person and it was fine in the end. The cornerstone of the content is live weekly webinars, which are available in several languages, including English, Spanish, Portuguese, Farsi, and Italian. Webinars include topics like “Technical Analysis 101”, “Fundamental Analysis 101”, “Support & Resistance” and other beginner-oriented topics.
After looking for weeks at all of the different brokers, I finally settled with this one. My bitcoin withdrawal took no time at all which was great since there are other places that it takes days. It is considered the most advanced trading account specially created for professional and high-volume traders. In addition, the account provides the highest level of security to all of its users. Payment and funding authorization is 100% automatic, and its client portal allows deposits and withdrawals using a simple, easy-to-use single interface. The available payment methods include Credit cards, Bank Transfer, Neteller, FasaPay, Debit cards, Payoneer.
Trading was okay – there was a delay in positions being opened, but they always seemed to open at the price that was active at the time I clicked the market order. That is, if price moved after I clicked enter, my position would be opened at the historical price, rather than at the current price, so that was completely fine with me. Traders can withdraw money via Visa, Mastercard, China Union Pay, Wire Transfer, BitWallet, FasaPay, Digital Assets, IronFX Card, and Perfect Money.
IronFX Review 2023
Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it cannot beat the speed of work that could be achieved using the desktop platform, which is the primary solution for active trading. The mobile app does not provide all the options offered by the desktop version, but it is sufficient enough to satisfy the needs of traders who must make their decisions on the go.
This will always be my first choice for investing because there are so many benefits to working with them. At first I was lucky with online trading, investing a few and then getting a bit more back which made me more comfortable. Then I traded with this company whose I wouldn’t want to mention but then scammed me without batting an eye. Then I started a research and contacted chargebacksecured they helped me get back my money please be careful out there hopefully this helps someone out there. Not only do they offer fast withdrawals but they also give me a lot of perks when trading.
Platforms and Tools
Opening an account is a quick and easy process that shouldn’t take more than a few minutes to complete. You just need to fill out the short online registration form and confirm your details. You will then need to upload documents to verify your account before you can fund your account to begin trading. The demo account is available without confirming your account if you just want to try things out without any commitment. For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law.
The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat. The responses arrive in a prompt and efficient manner from my experience. If you want 24/7 support, you could have a look at Plus500 instead.
I would personally have no issue in trusting them with my funds and can therefore trade without worrying. If the market moves in your favour, you have the opportunity to receive price improvements by getting your trades executed at a better price than originally requested. Trader needs to receive his initial deposit via the payment method initially used.
Don’t just trade. Trade with Ultra Low spreads.
Besides, it also protects the trader’s funds under Financial Services Compensation Scheme in UK and Investor Compensation Scheme in Cyprus. Besides, they also arrange trading competitions to attract and motivate the FX traders. For instance, IronFX arranged the biggest competition in the industry in 2013 where the grand winner was awarded by a super car or $1,50,000 in cash.
You can filter according to level of impact, date/time and markets. I think this is a vital tool for being aware of what is happening around the markets before taking any trades. IronFX also offers a free VPS to clients who deposits or maintain a 5000$ balance for the following months. VPS is mostly used by traders using Expert Advisors , giving them the opportunity in trading robots and work more efficiently.
There are plenty of base currencies to choose from, which is good for clients. IronFX provides access to 84 forex pairs, 7 FX futures, 31 commodities, 149 stocks, 33 indices, and 32 cryptocurrencies. It should be noted that IronFX offers a high number of minor and exotic forex pairs. A trader can easily open their trading accounts and enjoy IronFX services.
- LimeFx also have flexible account types if you want to compare them with a direct competitor.
- If we are not online the message will automatically be recorded, to be dealt with as soon they open their doors.
- MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels.
- In the Deposit and Withdrawal category, IronFX received a perfect score.
As a result, clients can take advantage of the broker’s variable spreads and high leverage. It is not a hoax, and traders can invest with the new financial market broker for 2022. The regulatory body ensures the security of funds, money laundering prevention, and data security.
Pros of IronFX Broker
This account type is created especially for newcomers and traders who hesitate to enter the financial markets. However, your respective banks or payment providers might charge you additional fees. You can receive your initial deposit via the payment method initially used and then all excess funds will be sent to your bank account. The withdrawal request is usually completed within 4 to 5 business days.
Each client is treated with the upmost esteem and as a valued partner. Funding top-tier international banks via a simple client interface with no fees applied. IronFX offer various https://limefx.biz/ ways of depositing money into accounts such as Bank Transfer, Credit/Debit Card, Skrill, Neteller, we also have local funding methods such as Boleto for Brazil and many more.
Overall IronFX Ranking
We created an unparalleled environment for online trading that enables us to provide access to a wide and highly diversified range of trading instruments from 6 different asset classes. Discover countless Forex Trading opportunities with 80+ currency pairs, Including Major, Minor and Exotic or trade a multitude of Commodities, Metals Indices, Shares and Futures. The PMAM platform enables money managers to trade and manage multiple MT4 accounts simultaneously. Users can enjoy one of the most flexible and advanced platforms in the industry today, available for both professional traders and money managers.
Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers. There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide. And Ireland clients can also place spread bets, although the costs are not limefx forex brokers reviews fully disclosed. Spot indices can be traded with no commissions and low spreads. This allows you to trade indices on various markets across the globe with deep market liquidity and easy to use trading platforms. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips.
Traders who are mostly interested in stocks may take a look at other options available at the marketplace. IronFX received a below-average score in the Fees limefx review category due to high spreads for Oil, Dax, and Dow Jones. In our tests for the Trust category, we also cover factors relating to stability and transparency.
The high quality of their services has been acknowledged by the numerous international awards that they have won over the years. Spreads start from just 0 pips whilst all trading instruments can be accessed using one account across all trading platforms. Whilst you will find the most popular cryptos, major currency pairs and stocks on major companies, they don’t quite compare to brokers such as Swissquote who have thousands of instruments. Where many brokers only offer a few accounts, IronFX have a great range of different trading accounts to cater to the needs of many different styles of traders. There are accounts with floating spreads, fixed spreads, no commission and spreads starting from zero.
Also invested on their platform ,after they kept asking me for kyc I got suspicious and did not invest more. They did not give me my LimeFx (50,000 €) nor profits back. Luckily chargebacksecured com helped me get my money back the right way. As a trader, probably the main safety is the safety of your fund. And the good news is your funds are safe under Financial Services Compensation Scheme in UK and Investor Compensation Scheme in Cyprus up to 50,000 pounds.