IronFX is a Forex company founded in 2010. You can trade with a leverage of up to 1000 times, so you can enjoy a moderately thrilling trade. Since there are up to 84 currency pairs without zero cut adoption and margin, you can expect more fulfilling services than other Forex companies. IronFX has 6 account types, giving you more choices than any other company. In addition to Cyprus and Bermuda, there are currently IronFX subsidiaries in the United Kingdom and Australia.
Company information
IronFX is an overseas Forex brand operated by 8Safe Limted. The FX trading service will be available in 2010.
Operating company name | 8Safe Limted |
Headquarters location | AGP Chambers’,84 Spyrou Kyprianou Avenue,4004 Limassol, Cyprus |
license | FCA、ASIC、FSB、CySEC |
Business start date | 2010 |
Capital | Unpublished |
number of employees | Unpublished |
license
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is IronFX licensed?
Company Name | Acquisition license |
8Safe UK Limited | FCA (Financial Conduct Authority) |
GVS (AU) Pty Ltd | ASIC (Australian Securities Investment Commission) |
Notesco Financial Services Limited | CySEC (Cyprus Securities and Exchange Commission) |
Email support
IronFX supports the following:
Inquiry method | Contents |
You will receive a reply within 24 hours on weekdays. You will receive a reply in about a day. | |
Live chat | Use chat if you want an immediate response. Support time is 24 hours on weekdays |
Supported language
IronFX is available in 12 languages. Below is a list of supported languages.
- English language
- Spanish
- German
- French
- Arabic
- Russian
- Portuguese
- Japanese
- Chinese
- Czech language
- Polish
- Korea
- Italian
Loss compensation
IronFX has a warranty system.
Guarantee system | Contents |
Zero cut | They will not charge any loss in excess of the margin to protect the trader’s funds. There is no risk of having a debt. |
Withdrawal method
IronFX supports the following withdrawals.
Withdrawal method | Withdrawal fee | Reflection time |
銀行出金 | Free | 2-3 business days |
bitwallet | Free | Within 1 business day |
Credit / debit card | Free | 2-3 business days |
Bitcoin | Free | 2-3 business days |
STICPAY | Free | Within 1 business day |
Payment method
IronFX supports the following deposits.
Payment method | Deposit fee | Reflection time |
Bank withdrawal | Free | 2-3 business days |
bitwallet | Free | Within 1 business day |
Credit / debit card | Free | Within 1 business day |
Bitcoin | Free | Within 1 business day |
STICPAY | Free | Within 1 business day |
Account type
IronFX supports the following account types.
item | live Fluctuation | live Fixed | live Zero spread | STP/ECN No commission | STP/ECN Zero spread | STP/ECN Absalt Zero |
Transaction form | DD | DD | DD | STP/ECN | STP/ECN | STP/ECN |
Brands handled | Foreign exchange Precious metals energy Goods / stocks Stock index | Foreign exchange Precious metals energy Goods / stocks Stock index Cryptocurrency | Foreign exchange Precious metals energy Stock index | Foreign exchange Precious metals energy Stock index Cryptocurrency | Foreign exchange Precious metals energy Stock index Cryptocurrency | Foreign exchange Precious metals energy Stock index Cryptocurrency |
Maximum leverage | 1000 | 1000 | 500 | 500 | 500 | 500 |
Transaction fees | Free | Free | Free | Free | $6.75 | Free |
Spread | 0.8pips | 2.2pips | 0.0pips | 1.7pips | 0.0pips | 0.3pips |
Minimum trading volume | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Maximum trading volume | Unlimited | Unlimited | Unlimited | 60 | 60 | 60 |
Stop level | 3.5pips | 3.5pips | 5.0pips | 2.5pips | 2.5pips | 2.5pips |
Scalping | Possbile | Possbile | Possbile | Possbile | Possbile | Possbile |
Automatic trading | Possbile | Possbile | Possbile | Possbile | Possbile | Possbile |
Double-decker | Possbile | Possbile | Possbile | Possbile | Possbile | Possbile |
Stop-loss | 20% | 20% | 20% | 80% | 80% | 80% |
Trading tools | MT4 | MT4 | MT4 | MT4 | MT4 | MT4 |
Currency pair
IronFX supports a large number of currency pairs. Spreads are also listed. Only major currency pairs are listed.
Currency pair | Average spread |
AUD/USD | 1.2 |
EUR/CHF | 2.2 |
EUR/GBP | 1 |
EUR/JPY | 2.3 |
EUR/USD | 1.2 |
GBP/CHF | 5 |
GBP/JPY | 4 |
GBP/USD | 1.3 |
NZD/USD | 2.8 |
USD/CHF | 1.4 |
USD/JPY | 0.8 |
AUD/CAD | 6 |
AUD/CHF | 6.1 |
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about IronFX, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. Double-decker, scalping, and automated trading are permitted.
Case study | Contents |
Bonus withdrawal | Bonuses cannot be withdrawn. |
Withdrawal while holding a position | You cannot withdraw while you have a position. |
Trades that overload the system | Making many transactions in a short time using the system violates the trading rules. The account may be frozen. |
Withdrawal method different from deposit method | To prevent money laundering, we do not allow withdrawal methods other than deposit methods. |
Withdrawal trouble | In 2013, They refused to withdraw money to Chinese traders and caused withdrawal troubles totaling more than 3 billion yen. Similar withdrawal problems are occurring in Europe and the Middle East. |
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