 | |
| Company type | Private |
|---|---|
| Industry | Financial Brokerage |
| Founded | 2010 |
| Headquarters | , |
| Products | retail foreign exchange, Contract for Difference |
| Website | ironfxglobal |
IronFX Online Forex Broker is an online CFD broker operating globally as a trade name of IronFX Group of Companies, with headquarters in Limassol, Cyprus. The multi-asset broker provides trading instruments and services to retail and institutional clients in 180 countries.
IronFX was founded in Limassol, Cyprus in December 2010 after receiving its licence from the Cyprus Securities and Exchange Commission (CySEC). [1]
In 2013, IronFX launched an office in Australia and was licensed by the Australian Securities and Investments Commission (ASIC), [2] as well as the Financial Conduct Authority (FCA) in the United Kingdom. [3]
In early 2014, IronFX launched an office in London and was soon granted the variation of permission licence, which expanded the scope of the previous licence in order to increase the services provided to the traders under the FCA authorization.
The company relinquished its Australian license on August 30, 2021, ceasing its operations in Australia under ASIC supervision.
IronFX offers online trading services, allowing clients to trade CFDs on 500 financial instruments across 6 asset classes. CFDs allow traders to potentially profit from speculating on the price movement of a security, either rising or falling, without actually owning the underlying asset. [4]
Through IronFX's MetaTrader 4 and MT4 WebTrader, traders can trade CFDs on forex, metals, indices, futures, shares and commodities with multilingual support. IronFX also has a mobile trading app as well as the IronFX WebTrader app. [5] [6]
IronFX has an educational library available through the IronFX trading school and Academy. The library includes webinars, podcasts, eBooks, VIP room, economic calendar and market analysis. [7] [6]
The broker includes a number of entities which are authorised and regulated by the FCA, CySEC and the FSCA. [8]
IronFX has a negative balance protection policy in place to ensure that its traders' margin balance does not fall below zero to ensure that traders will not acquire further debts as a result of losing trades.
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