Comparison of IronFX’s trading account types and platforms

Wide range of accounts for any need with advantageous conditions to be exploited on cutting-edge platforms.

IronFX

Considered a leader in online trading, IronFX is an international multi-asset broker that for over two decades has enabled traders to trade on more than 500 instruments (forex, spot metals, futures, stocks, spot indices, and commodities) using cutting-edge tools and trading conditions few can offer. Being strictly regulated, it allows both expert and beginner traders from around the world (over 180 countries in Europe, Asia, the Middle East, Africa, and Latin America) to interact in the markets with utmost transparency and security.

The main objective of the broker is to provide maximum support to the client. In fact, in addition to having advantageous and transparent trading conditions, the broker offers traders impeccable assistance. A support team composed of industry professionals who every day commit to providing daily market opinions on Forex and analyses of the latest financial and economic news, 24 hours a day, 5 days a week in over 30 different languages to allow traders to trade updated and take full advantage of any investment opportunity.

Wide range of instruments available.

Over 500 instruments to trade divided into forex, spot metals, futures, stocks, spot indices, and commodities.

Enviable customer support.

A team of experts always available for any eventuality in 30 different languages, 24 hours a day, 5 days a week.

An account for every trader.

The list of available accounts is structured to meet the needs of any type of trader. Experts, beginners, high-volume investors, or those with a low risk appetite will find the most compatible option for their style. IronFX offers both STP and ECN accounts, which, despite their differences (which depend on the spread, commissions, minimum deposit, etc.), both types allow traders to interact in the markets without any intermediary.

Cutting-edge platforms for every need.

In addition to a wide range of available accounts, the broker allows traders to negotiate with state-of-the-art platforms, suitable for any style and trading need. Among the available platforms we find:

• MT4, one of the most popular and used platforms in the world given its extraordinary features that allow clients high-performance trading regardless of experience level.
• TradingCentral, a platform that offers an information-based environment and full support.
• TradeCopier, which allows traders to copy the strategies of professional traders and reap the same benefits.
• AutoTrade, a platform that allows clients to use automated strategies created by industry experts.
• PMAM Platform, an innovative platform devised by the broker that allows clients to entrust their capital to professionals and profit from the operations carried out

Visit the official IronFX website

Available Accounts

As mentioned, IronFX offers traders a list of accounts designed to meet the needs of any trader. Professionals and beginners can invest to their fullest potential by choosing the account compatible with their style. Each offered account has characteristics suitable for a specific category of trader. Based on factors such as products to trade, trading conditions, and type of execution, the customer can decide which account to use. If the trader wants to test the offered environment without risking funds, they can opt for the demo version of the selected account and invest virtual funds.

The accounts available are mainly divided into two distinct categories: STP accounts and ECN accounts.

STP Accounts.

This type of account offers traders direct access to the markets without any intermediary. Prices and order execution will be carried out by wealthy banks (liquidity providers). Among the available STP accounts we find: Standard, Premium, VIP, and Live Zero Fixed Spread.

ECN Accounts.

The ECN accounts utilize an electronic system capable of electronically crossing any buy-sell order to execute it. This will allow the broker to act as an intermediary but without interfering with available prices. The available ECN accounts are: No Commission, Zero Spread, and Absolute Zero

Open a real or demo account with IronFX

STP Accounts

STP accounts offer advantageous trading conditions, with spreads starting from 0 pips and no commissions. Each account features distinctive characteristics, carefully created to ensure every trader an efficient environment rich in opportunities.

STP Standard Account

Account created to be compatible with most traders. Given its features, the account will allow both beginner and professional traders to interact in the markets to their fullest capacity. The account offers both fixed and variable spreads (which vary depending on the selected instrument) and zero commissions.

Open a Standard STP Account with IronFX

STP Premium Account

Primarily designed for professional traders, the Premium account features characteristics that allow the client to create accurate strategies to use on a wide range of products with zero commissions, leverage up to 1:1000, and spreads on average slightly lower than the Standard account.

Open a Premium STP Account with IronFX

STP VIP Account

Designed for particularly demanding traders with a high risk propensity, the VIP account provides access to exclusive services and tools that will allow the client to manage risks effectively and structure sophisticated trading strategies. No commission and minimized spreads represent the perfect combination for day traders.

Open a VIP STP Account with IronFX

STP Live Zero Fixed Spread Account

Zero spread and trading commissions are ideal features for high-volume traders. The Live Zero Fixed Spread account offers clients an environment suitable for investing large amounts of capital, excellent risk management, and minimizing trading expenses.

Open an STP Live Zero Fixed Spread Account with IronFX

ECN Accounts

Exclusively designed for expert traders who require cutting-edge tools and services for superior trading, ECN accounts represent the pinnacle of trading efficiency. Minimum variable spreads, commissions starting from zero, and leverage not exceeding 1:500 are typical features of accounts for purely professional trading that involves accurate strategies, detailed analysis, and quick reactions to sudden market fluctuations.

ECN No Commission Account

An account usually chosen by traders who intend to diversify their portfolio to the maximum. It is also a great choice for not-so-experienced traders looking to experiment with accurate strategies without facing significant expenses.

Open an ECN No Commission Account with IronFX

ECN Zero Spread Account

The Zero Spread account presents trading conditions opposite to the previously mentioned one and consequently suits a type of trader who prefers to focus trading expenses on commissions. Typically selected by professionals who structure their strategies considering a fixed cost to bear.

Open an ECN Zero Spread Account with IronFX

ECN Absolute Zero Account

The right option for traders with extremely high investment volumes who want to take their trading to a higher level. The account allows clients intending to invest large amounts of capital to have near-perfect risk management, with spreads starting from zero and no commission to bear.

Open an Absolute Zero Account with IronFX

It’s important to note that the spreads are indicative, and the client can view the real-time spreads by accessing their platform. To learn in detail about the commissions to bear, the client can access the dedicated page and consult the tables that describe in detail the expenses to be borne for each available instrument. The broker also applies limits on the usable leverage and volume.

Accounts Compared

In the next table, all the accounts offered by the broker will be compared. In this way, the trader can decide with greater clarity which is most suitable for their style.

It’s important to clarify that the trading conditions may vary based on the trader’s country of residence. Being a strictly regulated international broker, IRONFX must comply with current rules and offer a service that conforms to the imposed regulation.

For example, the accounts available in Europe offer leverage not exceeding 1:30 and only variable spreads starting from 0.0 pip. For more information, the interested trader can visit the official website and contact the support team.

Open a real account with IronFX

How to Open an IRONFX Account

The process that allows a potential customer to open a new account with the broker is simple, safe, and fast. The trader will simply have to register, verify their account, and deposit the funds necessary for investments. If the client wants to first test the offered environment without taking any risk, they can opt for opening a demo account before starting to invest real funds.

To open an account, just execute the following simple steps:

First step.

To begin, the interested party must visit the official website and select the “Register” icon located at the top right of the page. In the new screen, the client will need to fill in the form by entering: name, surname, valid email, country of residence, mobile number, account type, leverage, base currency and create a password. Accept terms and conditions, click on “Submit”

Second step.

In this phase, more detailed information will be required: personal data (date of birth, nationality, gender, address, city, and postal code), details on occupation (employment, source of funds, expected deposit for trading), financial details (annual income, net worth), and answer questions that can allow the trader to evaluate the customer’s level of experience.

Third step.

After registering, the new client will have to undergo a verification process to prove their real identity and country of origin. To do so, they will need to send a clear front and back color photo of an identification document (ID card, driver’s license, or passport) and a recent utility bill (electricity or gas, for example) in the client’s name.

Last step.

Once deemed suitable, the trader can deposit funds and start investing.

It’s important to remember that regardless of the country of residence, the client will always have to register and verify the opened account according to the procedure just listed. If the trader needs more information, they can visit the official website and access the page dedicated to opening accounts. Alternatively, it is possible to contact the support team, always available.

Open a real account with IronFX

Available Platforms

IRONFX is aware of the diversity of traders, with each client differing in experience, style, risk propensity, and investment volume. For this reason, in addition to offering a wide range of accounts, the broker provides state-of-the-art platforms that, despite employing highly advanced technologies, have a simple-to-use interface capable of meeting the needs of any category of trader. Secure, easy-to-use software with high performance will allow the client to invest to the fullest of their capabilities and increase their experience level.

It’s important to note that the number of platforms available varies depending on the trader’s country of residence. In Europe, traders will only be able to use the award-winning MT4 platform.

Invest on IronFX platforms

MT4

Undoubtedly the most used and popular platform in the world due to its extraordinary features, MT4 offers an environment carefully structured to allow traders of any category to trade in global markets. The software features a very intuitive interface, suitable for both beginner and professional traders, and includes technologically advanced tools and functions for high-performance trading. The main feature of the platform is its total customization; the customer can modify parameters and tools to make the software perfectly compatible with their style. Adapting to the client’s modus operandi, the platform will allow the creation of effective strategies to take full advantage of any operation. MT4 also supports customizable automated trading, through which the trader can use free trading robots, create new ones, or buy them in the dedicated store. State-of-the-art customizable charts, technical analysis indicators, analytical tools, 24/7 support, and much more to offer the trader maximum operability.

The platform is available in any version and type of device:

• Desktop version for Windows and MAC devices.
• Mobile version for iOS and Android devices, available on any store.
• WebTrader version, which allows the trader to use the platform without having to download anything.

Among the main features of the software, we find:

• More than 50 included indicators.
• Over 24 analytical tools.
• 9 different timeframes.
• 3 different types of fully customizable charts.
• “One-click trading” function included.
• Easy to use guaranteed by an intuitive interface, capable of meeting the needs of any trader.
• High security standards for personal and financial data.
• Customizable automated trading.
• Effective support guaranteed by a team of experts always available.

Invest on MT4 IronFX platform

TradingCentral

An innovative platform that bases its foundations on practically perfect investment support. The software allows clients to access a wide range of analytical solutions to trade with extreme precision and take full advantage of any opportunity. TradingCentral offers essential insights on technical, fundamental, economic, sentiment, and news aspects that could influence both the trader’s actions and the markets. The multi-asset software has an intuitive interface and is compatible with any category of trader.

• Efficient support and quick research 24/7, allowing clients to trade without unnecessary stress.
• History of performance and forecasts viewable directly on the MT4 platform.
• Total customization of filters to create content fully compatible with the trader’s style.
• A wide range of transparent and educational materials that will allow clients to update and expand their knowledge.
• Multiple indicators used simultaneously to identify excellent investment opportunities.
• Multi-factorial trading ideas.

TC Videos.

An excellent tool to stay updated on the main daily news.

Overview

A service that offers the possibility to view TC’s proprietary scores. This allows the trader to get a complete overview of any financial instrument.

Fundamental Insight

Free access to numerous flexible integration options that will allow the trader to customize and optimize their experience.

Mass Insight.

The possibility to view the sentiment of traders on a specific instrument.

Newsletter

To stay updated on the latest trading opportunities. Influential news and marketing-based events.

Insights on the Economy.

Total control. The client will be able to monitor, anticipate and consequently act in time to sudden events in volatile markets.

Safe Investment Decisions.

Through the use of three technologically advanced indicators on MetaTrader MT4/MT5 charts.

Technical Analysis.

Accurate and effective strategies based on detailed technical analysis.

Integrated Economic Calendar.

To monitor, anticipate, and react to events that destabilize markets, using real-time macroeconomic data.

Useful Ideas.

Bullish and bearish investment ideas based on accurate technical and fundamental analysis.

Strategy Creator.

To define and evaluate potential strategies to be implemented in the markets.

TC Market Buzz.

A tool that allows for the extremely accurate and speedy discovery of influential topics that enable easy expansion of one’s knowledge.

Invest on TradingCentral platform IronFX

TradeCopier

The platform allows clients to copy the strategies of highly skilled traders and reap the same benefits. Primarily designed for:

• Beginner traders who wish to invest without taking excessive risks. Using the service, the novice can copy the strategies of experts in the sector and expand their knowledge, thereby improving their style.
• Traders who are unable to constantly follow their operations for various reasons such as unexpected commitments, work, etc.

Regardless of experience level, the client will not have to worry about studying the markets and monitoring price fluctuations. By copying the strategies of a professional, the trader simply has to wait for the outcome of the investment.

• The client can choose to follow the professional compatible with their needs by viewing the ranking that shows in detail all the characteristics of each expert.
• Deposit funds using the preferred payment method.
• Automatically trade in the markets
• Withdraw profits at any time.

Invest on TradeCopier platform IronFX

AutoTrade

Holders of a real account with IRONFX can benefit from using this innovative online copy trading platform. The software allows the client to copy strategies and trading operations created by experts in the sector and execute them in a fully automated process. By connecting to the platform, both beginner and expert traders can select the professional to copy and assess which is most suitable by viewing the history of the most profitable operations, performances, type of strategies, and risk propensity.

Having selected the trader to copy, the client can purchase the desired strategy and automatically execute both buy and sell orders. Although the software allows for the automation of operations, the client will always have full control and can manage any strategy and order following their instinct and modus operandi.

AutoTrade has a simple-to-understand structure and an intuitive interface compatible with any level of experience. By copying the operations of experts in the sector, beginner traders can benefit from the negotiations and at the same time expand their knowledge and experiences in trading. Experienced traders can update and perfect their style and earn profits from copied operations.

Wide List of Professionals.

Experts in the forex trading sector rigorously verified with confirmed performances. The client will have the possibility to choose carefully the professional to select, viewing the performance history and assessing the risk level before carrying out any operation in the markets. Knowing in detail the trader to copy is essential to take full advantage of the copied operations.

Simple-to-Use Platform.

The software has an intuitive interface suitable for any level of experience. Both beginners and professionals can connect their account to that of the selected expert and reproduce the same operations. AutoTrade allows clients to copy signals and execute trading strategies independently and safely.

Greater Profit Opportunities Through Accurate Risk Management.

Through the use of autotrading, clients choose to follow professional traders who have specific characteristics such as risk propensity, investment volume, experience, etc. This allows the client to benefit financially and expand their knowledge. Despite the process being automated, the trader can set parameters in relation to their risk propensity and decide how much and when to invest, viewing at all times the statistics of the copied strategy.

Complete and Detailed Reporting System

To be able to select with extreme accuracy the professional to copy, the platform allows access to detailed reports on full profit disclosure, statistics, and risk data. Allowing the client to increase their knowledge and expand earning possibilities, AutoTrade is a valid alternative to standardized trading in the forex markets.

To use the platform, the trader must be the holder of a verified real account and follow the following simple steps:

1st step

To begin, it will be necessary to visit the official IRONFX website and access one’s personal area. If the trader does not have a real account, they can register by clicking here.

2nd step

Immediately after logging in, the client will need to send an email to backoffice@ironfx.com and communicate to the broker their intention to link their account to the AutoTrade platform.

3rd step

If the new client is interested in using the platform, they will need to verify their account before making a request. To do so, they will need to upload the necessary documents to verify their identity and country of origin. Once deemed suitable, the client can proceed with the request, make a deposit through the wide range of payment methods available, and link their account to the AutoTrade platform. Choose the professional to copy and start investing.

Invest on AutoTrade platform IronFX

PMAM Platform

The PMAM platform was created to allow traders to rely on professional traders for their investments. Through the platform, the client can interact with a master account (professional) who will manage the funds and execute orders. By entrusting accounts and funds to the professional, the client will have to pay a commission that varies depending on the selected master. It’s important to clarify that the due commission will be charged only in case the investment has generated profits.

Below are the advantages of using the PMAM IRONFX platform:

• The software allows any category of trader to make a profit from trading without having to perform any operations. The manager will take care of monitoring markets, creating strategies, conducting analysis, and proceeding with investments.
• Although operations are carried out by the professional, the client can constantly monitor their actions at any time and decide when and how much to invest.
• The fund managers (managers) are professionals in the field carefully selected by the broker. Consequently, the client will have a greater chance of profiting from the operations carried out.
• The manager will receive a commission only in case the operation is profitable, ensuring maximum commitment and professionalism.
• Each client can decide which manager to entrust their funds to by viewing the list of available professionals. Once the manager is selected, it will be possible to know in detail the risk propensity, style, and experience of the professional. In addition, the client can use multiple managers simultaneously and diversify their portfolio.
• Trading that involves high security standards. Each Manager will be scrupulously controlled and is required to respect the rules imposed by regulatory bodies.

Invest on PMAM platform IronFX

Posted by Maria Sanchez

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Maria is an expert of financial markets, bringing all the information from English to Spanish for a better understanding of the online traders. She is also a day trader with experience in developing trading strategies that generate profit while minimizing risk and working under high pressured environment. While being a portfolio manager by herself, she focuses on marketing and consultancy of financial and Insurance products.