IronFX Review


IronFX, operating under Notesco Financial Services Limited, is a global broker that has been approved by the highest national and international regulatory bodies, confirming its commitment to the highest business standards and ethics. This level of regulation gives clients peace of mind, knowing that they’re dealing with a company that operates with the utmost transparency and integrity.

Notesco Financial Services Limited is officially licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). In addition, the group’s various entities are regulated globally by other authoritative bodies such as the Financial Conduct Authority (FCA) in the UK and the Financial Sector Conduct Authority (FSCA) in South Africa.

Client security is a critical aspect of the Group’s operations, with client funds held in segregated accounts, separate from the Group’s own funds, in accordance with strict policies and procedures. Each client account is given a unique identifier to ensure that funds are used strictly for their intended purpose, providing an additional level of confidence that client funds are safe.

However, it should be noted that IronFX does not provide trading services to residents of certain jurisdictions, including the USA, Cuba, Sudan, Syria and North Korea.


Unlike many brokers who only offer a limited number of account types, IronFX offers a wide range of trading accounts to suit a variety of trading styles. Options include accounts with variable spreads, fixed spreads, commission-free structures and even spreads starting at zero. They also offer services for corporate and institutional clients, complete with a dedicated account manager tasked with creating a personalised set of services based on individual needs.

Fixed Spread Accounts

If your trading strategy benefits from a constant spread, you may want to consider opening a no commission account. Typically, these accounts come with larger spread premiums, but you won’t incur any commissions on trades. It’s actually quite unusual to find a broker offering a fixed spread account, an option often chosen by traders implementing scalping strategies that require consistent spreads.

However, in my experience, one challenge with fixed spread accounts is that they often come with terms and conditions that state that spreads may widen during periods of low market liquidity or extreme market volatility. This situation can undermine your strategy if, for example, you are running a scalping strategy during the pre-Asian trading session, a time when such conditions can occur.

Variable Spread Accounts

If your trading strategy prioritises minimal spreads (from 0 pips), the Zero Spread accounts may be an attractive option for you. However, these accounts charge a competitive commission, the amount of which depends on the size of the account. Typically, the larger your deposit, the lower your commission.

While I have to admit that the commission isn’t the lowest I’ve come across, I believe the quality of the broker justifies the expense. The high standard of service provided by the broker makes it a worthy choice in my opinion.

Islamic Account

If you’re a practitioner of the Muslim faith, you’ll be pleased to know that this broker offers Sharia-compliant swap-free accounts. It’s commendable that they cater to a diverse clientele, respecting a range of religious beliefs and practices.


With many years of experience in the trading industry, IronFX has become adept at providing adaptable, customised and comprehensive trading platforms. A special focus on user interface design ensures that their platforms are user-friendly, efficient, powerful and easy to navigate, meeting the needs of different types of traders.

By exceeding client expectations and maintaining high standards, the broker has won numerous awards for its innovative and cutting-edge trading platforms. These awards are testament to their commitment to providing an exceptional trading experience.

MetaTrader 4

IronFX’s MT4 platform is an easy-to-use, powerful trading tool that offers a wealth of features, including a customisable interface, advanced charting, automated trading support and more. It’s accessible via desktop, mobile and web and allows trading on over 300 instruments across multiple asset classes. The platform is particularly popular for its fast trade execution and flexibility, making it a preferred choice for traders of all experience levels.



In addition to a robust and sophisticated trading platform that already comes with a wide range of trading tools, they also offer an excellent suite of standalone tools to complement your online trading experience. These additional resources can help you identify potential trading opportunities, perform market analysis, manage risk and much more. The market analysis and research tools are particularly impressive.

For those who wish to run their platforms around the clock, IronFX offers an excellent Virtual Private Server (VPS) tool, further enhancing the range of services available to traders.


When it comes to financial transactions, this broker shines with its wide range of deposit and withdrawal methods, tailored to the convenience of each client. They offer a range of online payment processors, which some clients may find more convenient and efficient. The provision of digital wallets is a particularly commendable feature, as it allows for faster transfer of funds, which can be crucial when trying to take advantage of significant market news.

While certain payment methods may incur fees, these generally appear to be minimal. However, for larger transactions, fees may become more noticeable. Clients are therefore advised to understand the potential costs before proceeding. The broker also offers the convenience of multiple currency options for opening trading accounts, including USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. This range of options helps to avoid currency conversion fees for clients using an account in their local currency. The only potential area for improvement could be the inclusion of more cryptocurrency payment options, but all in all this is not a significant drawback.


IronFX stands out as a highly credible and established trading broker that caters to a wide range of traders worldwide. They offer convenient access to a wide range of trading instruments across numerous markets. The incorporation of advanced trading technology ensures that they offer some of the best trading conditions available, with competitive spreads (both fixed and floating) and reasonable trading costs.

With a wide range of account types and payment options, they cater for all types of traders, while ensuring that each client is treated equally. In particular, their charitable endeavours are commendable and make a positive contribution to the community. The broker excels in offering industry-leading products and services that cater to both retail and institutional clients.

IronFX is known for its strict adherence to regulations in various jurisdictions and is highly respected within the industry. This high standard of service has been recognised through numerous international awards over the years.

If you’re looking for a reliable trading broker that offers comprehensive services under one roof and much more, IronFX is an excellent choice.