If you’re looking to engage with financial trading, the first step is to choose a suitable broker that will meet your trading needs. IronFX is a firm that is quickly growing as a brokerage for forex and CFD trading. This firm offers a range of features that traders can use to enhance their trading activities. In this blog post, we will take a closer look at IronFX, its services, unique CFD trading features, and how you can take advantage of them.
What is IronFX?
IronFX is a forex and CFD brokerage firm founded in 2010. The firm is headquartered in Cyprus, but it has other offices in various countries around the world, including the UK, Australia, and South Africa. IronFX is a broker regulated by the Financial Conduct Authority in the UK, the Australian Securities and Investments Commission, and the Cyprus Securities and Exchange Commission.
Trading Accounts
IronFX offers six different categories of accounts, which include micro, premium, VIP, zero fixed spread accounts, STP/ECN accounts and Affiliates programs. These accounts differ in the features they offer, as well as the minimum deposit required for opening them. Interestingly, there are no commissions charged for any IronFX trade, only spreads.
Unique CFD Trading Features:
IronFX offers unique CFD trading features that traders can take advantage of. These features include:
Direct Market Access (DMA) and Straight Through Processing (STP) that allow traders to access the interbank market directly.
The Company’s partnership with PrimeXM so clients can use a HandSoft trading platform to engage in Forex and CFD trading.
Traders can use the IronFX Virtual Private Server (VPS) for automated trading,
IronFX has a vast range of trading products available on Indices, and, as of recent, stocks.
Types of Trading Platforms
IronFX offers a range of platforms to trade on from the classic MetaTrader 4 platform to the advanced WebTrader, CT4, IronFX Trader, and the Social Trader. The most commonly used platform that the majority of traders use is MT4, which has high speed execution, updated financial news, and an extensive range of technical tools.
Education & Support
IronFX traders’ education and support encompass a range of tools that the firm offers its clients. These tools include daily market analysis, free trading signals, and video tutorials. The firm also offers customer support through chat, email, or phone that is available 24/7 to answer any inquiries.
In short:
ironfx cfd trading deserves recognition for its robust range of trading products, unique CFD trading features, trading education and support. Traders have access to free trading signals, daily market analysis, and video tutorials to help sharpen their trading skills. CFD traders have various options from the classic MT4 platform to the advanced WebTrader, CT4, IronFX Trader, and the Social Trader. IronFX offers a unique product range that has a focus on DMA and STP, giving traders access to the interbank market’s prices. IronFX is an FCA regulated firm, making it a reliable choice for those seeking a well-regulated broker. Trading with IronFX presents a unique and exciting avenue for traders that they can explore.