Updated October 23, 2026

IronFX review covers a brokerage founded in Cyprus in 2010, now with 30 offices worldwide and over 1.5 million clients. This page sets out the account types, the regulation, the trading terms and the education offer. Updated September 2026.

IronFX review 2026

IronFX at a glance

• Founded: 2010 in Cyprus

• Offices: 30 locations, including the UK and South Africa

• Minimum deposit: 100 dollars

• Minimum transaction: 0.01 lot

• Leverage: up to 1:1000

• Account currencies: euro, Australian dollar and US dollar

• Assets: forex, metals, indices, commodities, futures, shares

• Account types: seven across two families

• Support: 24/7 multilingual

• Regulators: FCA 585561, CySEC 125/10, ASIC AFSL 417482, FSCA FSP 45276

• UK compensation: up to 500,000 pounds

Is IronFX right for you in 2026

IronFX earns its position on regulation and account choice. Four licence numbers are published in full, which is a transparency step many brokers skip, and UK and Cyprus clients get compensation scheme cover on top. Seven account types across two execution models means you can match the account to your style rather than accepting a single set of terms.

User reviews are genuinely mixed, so treat both the positive and negative reports as real. Praise centres on the asset diversity and the education library; the criticisms are the usual service and execution complaints. The regulatory record is the part you can verify independently, and it is strong.

Regulation

Four regulators supervise the group, each with a published licence number you can check yourself.

• FCA, number 585561, the UK financial regulator

• CySEC, licence 125/10, the Cyprus Securities and Exchange Commission

• ASIC, AFSL 417482, the Australian regulator

• FSCA, FSP 45276, the South African Financial Sector Conduct Authority

Compensation schemes apply in two jurisdictions: UK traders have up to 500,000 pounds of protection, and Cyprus clients are covered by the local scheme. Those protect against broker insolvency, not against trading losses. Verify the licence number against the regulator's own register rather than trusting a broker page, which takes two minutes and is worth doing with any broker.

Trading terms

• Minimum deposit: 100 dollars

• Minimum transaction size: 0.01 lot

• Leverage: up to 1:1000, subject to your jurisdiction's cap

• Support: 24/7 and multilingual

• Account base currencies: euro, Australian dollar, US dollar

• Languages supported: Arabic, Chinese, Czech, English, French, German and others

Leverage of 1:1000 is only available under entities whose regulators permit it. UK and EU clients face far lower caps regardless of what the broker advertises, and that is a regulatory floor, not a negotiable term.

What you can trade

Six asset classes: forex, metals, indices, commodities, futures and shares. Forex covers currency pairs and CFDs with fast market execution. Six classes is a moderate range rather than a wide one, so check that your specific instruments are listed before opening an account.

Account types

Two families, differing in execution model. Live floating and live fixed accounts use instant execution with re-quotes. STP and ECN accounts route orders to the market without a dealing desk.

• Live floating and fixed: Micro, Premium, VIP and Zero Fixed

• STP and ECN: Zero Commission, Zero Spread and Absolute Zero

The practical difference matters. Instant execution with re-quotes means your order may be returned for confirmation if the price moves, which is awkward for scalping. STP and ECN accounts avoid re-quotes and suit fast trading, usually at the cost of a commission.

Fund security

Client funds are held in segregated accounts separate from company money. In an insolvency scenario, segregated funds are returned to clients because they were never available to the firm's creditors. Regulators verify the reporting behind these arrangements, which is the practical value of holding four licences.

Education

The education offer is genuinely extensive, gathered under IronFX School.

• Trading eBook

• Academy

• VIP room

• Market Trend Report

• Seminars and webinars

• Podcasts

• Economic calendar

• Financial news

• Trading videos and a glossary

A blog covers broader market topics, and content is reviewed periodically to stay current. A demo account lets you apply the theory before risking capital, which is the step most new traders skip and then regret.

Platforms

Several platforms connect to the account, including MetaTrader 4 with advanced charting, a copy and social trading option, the IronFX Mobile Trading App and IronFX Web Trader. Having both a full terminal and a lightweight mobile option covers the two situations most traders are actually in.

Who IronFX suits

• Traders who want a choice of execution models rather than a single account type

• Anyone who values verifiable licence numbers and compensation cover in the UK or Cyprus

• Beginners who will use the education library and demo account first

• Less suitable if you need a very wide instrument range or trade only one simple account type

IronFX combines strong, checkable regulation with unusual account flexibility and a deep education library, against a moderate asset range and mixed service reports. Compare it with other brokers in our broker hub, and HYCM review covers a competitor with similar regulation and lower fees.

IronFX review: frequently asked questions

Is IronFX a legitimate broker?

Yes. It holds four licences with published numbers: FCA 585561, CySEC 125/10, ASIC AFSL 417482 and FSCA FSP 45276. You can verify each on the regulator's own register.

What is the minimum deposit?

100 dollars, with a minimum transaction size of 0.01 lot.

How many account types are there?

Seven. Four in the live floating and fixed family, Micro, Premium, VIP and Zero Fixed, and three STP and ECN accounts, Zero Commission, Zero Spread and Absolute Zero.

What leverage is available?

Up to 1:1000, but only under entities whose regulator permits it. UK and EU clients face substantially lower regulatory caps.

Are my funds protected?

Funds are held in segregated accounts. UK clients have compensation cover up to 500,000 pounds and Cyprus clients are covered by the local scheme, both against broker insolvency rather than trading losses.

What can I trade on IronFX?

Six asset classes: forex, metals, indices, commodities, futures and shares.

Final Thoughts

Promotion and Affiliate Programs

Customer Support

Deposit Replenishment and Cash Withdrawal

Supported Trading Platform

Training and User Education

Account Types Available On IronFX

Tradable Assets & Instruments

Tradable Assets & Instruments