International
broker IronFX, among the leaders of online
trading, appropriately takes a worthwhile area
in the position of the very best FX brokers. It
provides trading systems in more than 180
nations in Asia, Europe, Middle East, Latin
America and Africa. The firm has actually
established itself as a reliable and quality
provider of brokerage firm solutions in the
international economic arena.
Regulation and legitimacy
IronFX is an online brokerage firm, which have
international regulatory rules. It is highly
regulated by the CySEC (Cyprus) and ASIC
(Australia), CRFIN, UCRFIN,FBS and FSP.
Account Sizes
Traders can access multiple account sizes at
IronFX broker. The most commonly used trading
accounts are Micro account, VIP account, Premium
account, STP/ECN account and Zero fixed spread
account. Luckily, traders can enjoy live access
these trading accounts via Android. Traders are
totally free to choose their choice of trading
account.
What trading platforms they offer?
Interestingly, IronFX offers 15 different
trading platforms for the traders and MT4 is
considered to be the most effective platform out
of them. This trading platform gives a direct
access to technical analysis tools, market
indicators and the use of expert advisors. The
PMAM trading platform is also available for
those who like to have some tools to integrate
trading under a master tool. Those who like to
hand multiple accounts in a single time, they
can opt for an IronFX Multi-Terminal trading
account.
Trader’s compensation fund security
Being as one of the highly regulated and
legitimate online brokers, IronFX offers their
traders an Investor Compensation Fund plan which
is certified and operated by CySEC.
Spread and Commissions
IronFx doesn't charge any commission, however,
instead earn from spreads extra to the quotes.
The spreads applicable can rely upon the kind of
commerce account in addition, because the
currency combines listed. IronFX has provided a
full list for comparison on their website for
those that have an interest to search out a lot
of.
Pros
• Support expert advisors
• Great selections of trading platform
• Highly regulated and legal broker
• Supports mobile trading
Cons
• The minimum deposit amount for creating an
account is quite high.
Trading Warning : Trading accounts offered by the brokers play a vital role in your winning and losing in the Forex trading. So, if you are a newbie in this trading, then you must go for mini or micro accounts and then move to standard accounts. As mini and micro accounts require minimum deposit requirement as compared to the standard trading accounts.