IronFX has no licence

The foreign exchange, or forex, market is the most liquid market currently operating anywhere in the world. It is significant in size and importance, and operates 24 hours a day, 7 days a week. There are many hundreds of forex brokers offering a range of services to their clients, with some being fully regulated and licensed, and others being unregulated. Knowing exactly which company to trust is a dilemma that many prospective traders are faced with. Broker comparisons can be a useful way of forming an overall picture of a certain forex broker, specifically relating to advantages and disadvantages of opening a live trading account with them.

 

Is IronFX a licensed broker?

 

IronFX is an established forex broker, offering services to more than 1.2 million clients worldwide. The company is fully licensed and regulated by numerous international bodies, including the FCA (FCA No. 585561), ASIC (AFSL No. 417482), FSCA (FSP No. 45276) and CySEC (Licence No. 125/10). With regards to an Ironfx review, client funds are safe with this broker, as IronFX is a trusted and reliable company offering fast fund execution with swift deposit and withdrawal processing from top-tier banks. Major payment methods are also available within the IronFX client portal, including Neteller, Skrill, China Union Pay, FasaPay, WebMoney, Bitwallet, among several others. IronFX is a dependable and transparent broker, with an excellent range of payment types.

 

Can I trust IronFX with my funds?

 

After analysis of multiple Ironfx review websites, it is evident that the broker is deemed to be a safe option for traders, and that client funds are deposited and withdrawn with both speed and ease. Deposits into an IronFX trading account can sometimes take up to 24 hours, depending on the specific payment method chosen. Meanwhile, bank wire transfers can take up to three working days, depending on the bank that is used to facilitate the transaction. In terms of funding fees, IronFX does not charge any fees for deposits, but there may be an additional charge applied by the respective bank or payment method provider. Additionally, clients can withdraw funds even if they have an open position on the platform, provided that the free margin exceeds the amount specified in the withdrawal instruction, including all payment charges.

 

 

Should I open an IronFX account?

 

Founded in 2010, IronFX has established a solid reputation as a dependable and responsible broker choice, trusted by clients from across 180 countries in 5 different continents. IronFX offer access to more than 300 tradable instruments from six asset classes, including forex, indices, metals, commodities, shares, and futures. It is an award-winning broker, recognised internationally with more than 40 prestigious industry awards. It can be classified as being suitable to both beginners and experienced traders, due to its exceptional educational resources and dedicated customer support team, which operates 24/5 in 30 different languages. In terms of analysing this broker in an Ironfx review , for those traders that are new to the world of forex trading, there is a comprehensive trading school, packed with features tailored to beginners. Traders can get free trading tips, strategies and read informative articles explaining all the key facts about various aspects of day trading. Moreover, professional traders can benefit from advanced charting, analytical tools, and other expert custom-made material suited to experienced market operators.