ironfx scam

It’s fantastic to hear that our platform and tools are meeting your expectations and helping you dive right into trading. If you ever need assistance or have questions, our team is here to support you. Happy trading with IronFX and may your journey be filled with success!

Customer Support at IronFX

ironfx scam

I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow.

IronFX Compared To Other Brokers

We tested their live chat feature through their app and website and received a response within 6 minutes, an acceptable response time. The support team was helpful and provided us with the necessary information. Brokers regulated by limefx the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, IronFX trading losses are always limited to the current balance of funds in the trader’s account.

Tradable Instruments

ironfx scam

In other words, IronFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the IronFX trading platform to buy/sell $10,000 worth https://limefx.biz/ of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value.

Is this your company?

It’s a tried and true platform that’s been an industry favorite for ages. Plus, our webtrader version lets you keep an eye on the charts wherever you go. We appreciate your feedback and we’re glad you’re enjoying our reliable services. It means that all its services are aligned with the legal frameworks of the jurisdiction. Hence you wont find crazy high leverage here or some too volatile assets like Bitcoin.

Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several things, such as whether the account type has a minimum deposit requirement, what its spreads and commissions are, what the execution method is, and more. If you are new to trading online, then you will be pleased to find a demo account option.

Moreover, Experts host interactive webinars on technical analysis and risk management. They started providing exactly this, through their wide selection of account types, innovative trading conditions, flawless processing of payments, excellent support etc. I think I have the right to speak out about cooperation.

  1. IronFX provides a demo account that enables individuals to explore trading before investing their funds.
  2. In order to start trading with IronFx, you have to deposit at least 100 USD.
  3. They also give out great bonuses so you can trade larger.
  4. 😃We’re committed to continuous improvement and providing our traders with the best possible trading conditions and services.

Overall, PMAM’s comprehensive features and user-friendly interface allow managers to execute transactions and manage risk efficiently, resulting in optimal performance across all accounts. While maintaining the commission-free structure, the Premium Account provides a higher level of service, making it especially appealing to those who engage in regular trading or operate with greater volumes. After submitting your application, wait for IronFX’s confirmation.

Cryptoasset investing is highly volatile and unregulated in some EU countries. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. We hope you found our review of the IronFX brokerage firm useful. Please note that the list of payment methods below depends on the IronFX Entity and the client’s Country of Residence.

IronFX also offers a virtual private server (VPN) that provides enhanced connection speed, continuous uptime and added security. IronFX supports mobile trading via the MetaTrader 4 (MT4) mobile app. This platform has most of the features of the MT4 desktop software, and it works on both Android and iOS mobile devices and tablets.

Raphael was appointed my account manager and I have to say he has been the most helpful and supportive person I have ever dealt with regarding support. He has always been there for me for any question and nothing is too big to ask of him. I am really blessed to get appointed him as well as have my funds in such a safe place as IRONFX.10/10 cant fault the brokerage extremely happy with my choice choosing IRON. I made a sell on Us30 on MT4, like I normaly do but instead of a 5point(50 pip) spread as shown on Mt4 in London session it opened with a 50 point(500pip) spread. I thought I made a mistake because I was down just by opening 120$ so I double checked everything and to make the money back I did another trade because Mt4 showed 5 point spread. Once again it opened with a 50 point spread and I was shoked and had to close with a almost 300$ loss.

Although I can’t say that there are many articles about trading strategies among educational materials that this broker publishes. But otherwise, I gained a lot of useful knowledge when started to re-learn everything about trading in financial markets. Client funds are segregated from company funds, reducing the potential for misuse. They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP).

This reward system promotes the engagement and growth of both IBs and traders, fostering a harmonious relationship between the IB, their clients, and IronFX. IronFX views IBs as valuable partners who contribute to the growth of IronFX by expanding its reach. In exchange, they receive commissions based on the trading volume of the clients they bring in. IronFx was my first brokerage with whom I started trading a few years ago.

The IronFX phone support team was able to assist us with our queries and issues. We put their multilingual support to the test by speaking to them in various languages, and they were able to communicate effectively. Like other brokers, IronFX margin requirements can differ depending on the traded instrument.

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