IronFX Review 2026
IronFX is a Cyprus based CFD and forex broker with a UK arm, two CySEC settlements on record, and Trustpilot reviewers who often report slow withdrawals.
Min Deposit
$100
Spreads From
0.0 pips
Max Leverage
1:30
Platforms
1
Pros
- Regulated in the UK, Cyprus, South Africa, and the BVI with four real licenses
- Wide product range across forex, metals, shares, and other CFDs
- Supports MetaTrader 4 alongside its own WebTrader platform
- Runs active education content, including webinars and a trading podcast
Cons
- Fined by CySEC in 2015 for bonus scheme and client money failures
- CySEC settled again in 2024 over possible EU trading rule breaches
- Trustpilot reviewers often report withdrawals that take weeks
- Charges 3 percent of a deposit if withdrawn with no trades placed
- No MetaTrader 5 or cTrader option for traders who want one
IronFX started in 2010 in Limassol, Cyprus, and grew into a well known forex brand with clients in more than 180 countries. Growth came with real trouble. CySEC fined the Cyprus entity almost 335,000 euros in 2015 over its bonus scheme and client money handling, then settled again for 100,000 euros in 2024 after a rules inspection.
IronFX offers forex, metals, shares, and other CFDs through MetaTrader 4 and its own WebTrader platform. Standard account spreads start around 1.8 pips, and an inactivity fee applies to idle accounts. Clients who deposit but never trade can lose 3 percent of that money if they ask for it back.
On Trustpilot, IronFX scores near 2.8 out of 5 from over 760 reviews, and about 40 percent leave just 1 star. Many say withdrawals took weeks, with extra checks appearing right after a profit. It holds real licenses in the UK, Cyprus, and South Africa, but two fines in under ten years mark the record.
Min. Deposit
USD 100
Max Leverage
1:30 for UK and EU retail clients, up to 1:1000 outside those regions
Spreads From
About 1.8 pips on the Standard account
Platforms
IronFX is a CySEC-regulated broker founded in 2010, with a significant global presence in Europe, Asia, and Africa. The broker is also licenced by FSCA in South Africa and FCA in the UK for selected services, and operates offices in over 15 countries.
IronFX offers 300+ instruments across forex, spot metals, futures, CFDs on shares, and indices. With six account types — Retail, VIP, Zero Fixed, Zero Floating, STP/ECN, and Back Office — IronFX provides considerable flexibility. MetaTrader 4 is the primary platform.
The broker has a mixed history with regulatory challenges in some markets in the 2010s but has since restructured its compliance framework and continues to serve a large client base primarily in Europe, South Africa, and Southeast Asia.
Standard
Zero Fixed
STP/ECN
80+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- CySEC (Cyprus)
- FSCA (South Africa)
- FSC (Mauritius)
