Traders Union has worked hard to become the most reputable Forex site for Forex market participants. We have built a trusted center for analyzing all events on the market and Ironfx Forex Broker Review any information affecting the operation of the Foreign Exchange market. We provide the most accurate and varied forecasts and collection of statistics for each Forex broker.

Trading products offered by IronFX includes six asset classes while traders also have access to over 200 trading instruments. Forex or foreign exchange trading is currently the largest financial market worldwide with trading taking place 24 hours a day apart from weekends. Currency pairs include AUD/CAD, AUD/JPY, CAD/CHF, EUR/AUD, EUR/DKK, EUR/HKD, EUR/CNH, NZD/USD, Ironfx Forex Broker Review PLN/JPY, USD/TRY, USD/ZAR, USD/CAD, NOK/SEK, NZD/SGD and several others. It is very easy to trade in the mrkets when you are a professional trader, but not very easy to find the right broker. IronFX is the ideal choice for those who take online trading seriously and want to do well. They offer great tools, flexible leverage and various accounts to fit your needs.

Mobile Trading

In fact, each account offers something slightly different, depending on the style of the trader that is using it. For example, traders can choose between Live and STP/ECN trading accounts and enjoy the benefits of trading through the industry leading MT4 online platform. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

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Also, we simplify what margins and leverages are in trading and how this information can help you choose a regulated online trading platform with the right account type, fee structure, and trading features. In terms of account options, Forex Trading Bonus has found an excellent choice available to traders who choose IronFX. The broker offers a variety of trading accounts, suited to different types of investor.

Trading products offered by Iron FX includes six asset classes while traders also have access to over 200 trading instruments. So far I’ve had a fast execution of funds, flexible leverage and stable usability on the MT4 trading app. Top of the charts in terms of customer service, I’d advise against choosing another broker. IronFX are the best out there for dealing with client problems, and I rate them very highly for efficiency and transparency. As a professional broker, I also value the market analysis and daily newsletter that I regularly receive in my email inbox.

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IronFX had also translated their website into 13 different languages, so non-English speakers can have access to information. Like most of the other companies, IronFX is also offering free access to educational material for its clients. Forex Encyclopedia, Educational Videos, Ebooks, Webinars, Seminars, Expo and others are there for people who want to learn more about the world of trading. For those who want to dig deeper, IronFX Research App, Week Ahead Videos, and Market Insights are important tools which you should use.

The trader would need to deposit 5% of $1000 to open the trade, which comes to $50. Here are 7 different ways to trade commodities with the above points taken into consideration, along with storage costs, ownership, contract expiry, and leverage. If you are already familiar with the basics, you can jump straight ahead to our list of regulated brokers in compared side-by-side. We also review and explain several technical analysis tools to help you make the most of trading. Also call up the customer support phone number and see how quickly if someone answers the phone and also use this as an opportunities to ask some questions to the rep there. These simple email and call test can save you a ton of frustration down the line.

Step 4: Send A Test Email To A Forex Broker

IronFX allows withdrawals only through bank wires, which unfortunately delays the process of withdrawing funds. The broker insists that withdrawal payments are automatic however after applying for bank withdrawal, we were not informed how long it will take for our request to be processed. IronFX is a market maker, also offering an account with STP/ECN execution where no re-quotes are involved.

I am very happy with them and will recommend to all traders. In demo account I am concerned about common error and market execution in MT4 that sometimes happen, not letting you enter a trade. At the same time, in another broker, I can execute the trade with no problem. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services.

Best Forex Brokers With $1 Minimum Deposit

Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your Ironfx Forex Broker Review account even faster. They offer some great incentives and their customer service is top notch.

• The main thing is that when the manager of this scam calls, that it is not more kind to find a person.
• I see their charting but don’t really trade with it but it is a good reference for me.
• Of course, spreads do widen during periods of volatility and low trading volume.
• I don’t like the glitchy bugs they some times have with the system and login and they need a better more interactive customer service / support.
• It shows the trade’s value in relation to the deposit amount.
• IronFX offers live trading competitions to their clients throughout the year based on the regulations in their jurisdiction.

As such, their tiered account structure includes floating or fixed account spreads, as well as no-commission fee schedules. In terms of the trading conditions on offer, IronFX currently boasts around two hundred tradable instruments across six asset classes. As the company claims, it’s mission is to provide a customer-centric model, combining bespoke trading functionalities and offering the best pricing, execution, and liquidity. Traders can get started with other regulated brokers like Plus500 and Forex.com with a $100 initial deposit. Robinhood is a US-only broker that offers trading on thousands of international stocks, over 1,900 ETFs, and cryptocurrencies.

Author: Ian Sherr