BrokAIr Reviews

Ironfx Review

"Ironfx has been highly secretive about their strategy and operations, leaving many customers feeling uncertain about their investments." So, is Ironfx hiding something from its customers?

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IronFX Overview

IronFX is an online brokerage firm, founded in 2010 and regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers an extensive range of trading options, including CFDs, forex, stocks, indices, commodities, cryptocurrencies and more. IronFX also provides clients with a variety of trading platforms such as MetaTrader 4, MetaTrader 5 and WebTrader. The company also has a wide range of account types to suit various trading styles and budgets.

Pros

Cons

Public Opinion

IronFX has received mixed reviews from the public. Some traders have praised the company for its wide selection of tradable assets and competitive spreads, while others have criticized its lack of customer service and slow response times. Overall, IronFX appears to be a reliable broker that is suitable for traders who require a wide range of trading options.

Newsworthy Events

In 2018, IronFX was fined €235,000 by the Financial Conduct Authority (FCA) for failing to meet their anti-money laundering obligations. In 2019, the company was also fined €100,000 by the Cyprus Securities and Exchange Commission (CySEC) for providing false or misleading information to its clients. In 2020, IronFX was also fined €100,000 by the FCA for failing to properly monitor transactions and provide sufficient risk management tools to its customers.