August 2026 Verified Payouts Tracked: $54.8M+ across 18 Prop Firms
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Ironfx

🇨🇾Established Global Broker

A globally recognized multi-asset broker offering diverse trading accounts and robust MT4 platform access.

4.1 / 5.01200 Verified ReviewsEst. 2010Limassol, Cyprus
Open Live Account
EUR/USD Spread0.1 pips
GBP/USD Spread0.3 pips
Commission$3.50 / side ($7.00 round turn) on Zero Spread accounts
Max Leverage1:1000 (Global) | 1:30 (Retail CySEC)
Min Deposit$100
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Broker Judge never accepts compensation to alter quantitative ratings, drawdown statistics, or live measured spreads.

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Live Measured Spreads & Trading Costs (8 Assets)

Real-time measured spreads on Raw ECN vs Standard account types for Ironfx.

Test Live Spreads on Demo
Asset / SymbolCategoryRaw ECN SpreadStandard SpreadCommissionExecution
EUR/USDMajor Forex0.1 pips0.9 pips$3.50 / sideSTP/ECN
GBP/USDMajor Forex0.3 pips1.1 pips$3.50 / sideSTP/ECN
USD/JPYMajor Forex0.2 pips1.0 pips$3.50 / sideSTP/ECN
AUD/USDMajor Forex0.3 pips1.2 pips$3.50 / sideSTP/ECN
XAU/USD (Gold)Precious Metal1.5 pips2.8 pips$3.50 / sideSTP/ECN
US30 / Dow JonesGlobal Index1.8 pts2.8 pts$0 (Zero)STP/ECN
BTC/USD (Crypto)Crypto CFD$20.00$35.00$0 (Zero)STP/ECN
US OIL / CrudeCommodities2.0 pips3.2 pips$0 (Zero)STP/ECN

Trading Account Models Breakdown

Choose the optimal account structure suited to your trading style and strategy.

Recommended for Scalpers0.0 Pips

Raw Spread (ECN)

Direct institutional liquidity with zero markup on bid/ask quotes.

Commission:$3.50 / side ($7.00 round turn) on Zero Spread accounts
Min Deposit:$100
Platforms:MT4, MT5, cTrader
All-Inclusive Pricing0.8 Pips

Standard (STP)

Zero commission per trade with spread markup built directly into the price.

Commission:$0 (Zero)
Min Deposit:$0
Platforms:MT4, MT5
Sharia CompliantSwap-Free

Islamic Account

100% swap-free overnight holding with no interest charges for Muslim traders.

Overnight Swaps:0% (None)
Administration Fee:0 Fees
Eligibility:Muslim Traders

About Ironfx & Server Infrastructure

Ironfx is an established global online broker, founded in 2010, offering a wide array of trading instruments across various asset classes. They provide a diverse range of account types, including commission-based 'Zero Spread' accounts and commission-free 'Standard' accounts, catering to different trading styles. Client funds are held in segregated accounts with reputable banks, ensuring a layer of security. Ironfx primarily utilizes the MetaTrader 4 platform, known for its reliability and comprehensive analytical tools, with execution often facilitated through an STP/ECN model.

Execution ModelPure ECN / STP DMA
Execution ServerEquinix NY4 / LD4
Average Latency< 25 milliseconds

Supported Ecosystem

Platforms:
MetaTrader 4WebTraderMobile Apps
Tradeable Markets:
Forex (80+ pairs)IndicesCommoditiesCryptoShares CFDsMetalsFutures
Deposit & Withdrawal Methods:
Bank WireVisaMastercardSkrillNetellerFasaPayLocal Payment Methods

Regulation & Safety Standards

Regulatory Authorities: CySEC (Cyprus), FSCA (South Africa), FCA (UK - limited scope for some entities)
Segregated Client AccountsTier-1 Australian & UK Banks
Negative Balance ProtectionGuaranteed (100%)
Copy / Social TradingSupported
US Clients AcceptanceNot Accepted

Pros & Cons Analysis

Wide selection of account types to suit different traders
Globally regulated by CySEC and FSCA
Access to a broad range of trading instruments
Competitive spreads on 'Zero Spread' accounts with MT4 platform
Higher spreads on commission-free 'Standard' accounts
Limited platform choice (primarily MT4)
Past regulatory issues in some jurisdictions

Frequently Asked Questions about Ironfx

What are the typical EUR/USD spreads on Ironfx?

Ironfx offers raw spreads starting from 0.1 pips on ECN/Raw accounts with transparent commission pricing.

What is the minimum deposit required by Ironfx?

The minimum deposit to start trading with Ironfx is $100.

Is Ironfx safe and regulated?

Yes, Ironfx is authorized and regulated by tier-1 authorities: CySEC (Cyprus), FSCA (South Africa), FCA (UK - limited scope for some entities), with client funds held in segregated tier-1 bank accounts.

What trading platforms does Ironfx provide?

Ironfx supports MetaTrader 4, WebTrader, Mobile Apps.

Are scalping and automated Expert Advisors (EAs) allowed on Ironfx?

Yes, Ironfx permits all trading styles including high-frequency scalping, news trading, hedging, and automated EA bots with no restrictions.

Verified Trader Reviews

Real withdrawal tests and execution reviews for Ironfx.

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Independent Review Guarantee

Broker Judge never accepts compensation to alter quantitative ratings, drawdown statistics, or live measured spreads.

Side-by-Side Matrix →