I gotta admit that swaps on major stock CFDs like Apple or Amazon don’t eat me alive anymore. I can hold swing positions over the weekend without any worries. Of course, they’re not free of charge, but still the swap rates are low enough to not lose half of your profits. I stopped feeling pressure and now I can focus on holding positions for as long as possible. Nonetheless, adding mt5 terminal would be nice.
4 starts out of 5, seems fair. You guys can improve by adding more platforms and more assets overall. VIP seems nice, but that has more requirements. even if you get standard floating the pips are under 2, which is a decent amount. You can then integrate TC to it, and $500 for this service is not bad. Education is the driving force, and ironfx is doing very well in keeping up with educating people. webinars which have live trading as the most useful for beginners and those who are trying to learn some concepts. Abnormally high silver price, though.
They could use a bit of improvement in terms of transparency and make things a bit more clear. Like the initial depo requirements for each account type, or the costs and commission included for each of it. It’s not displayed on their website. But it might be different for different regions, so this is one reason. Anyway, i was able to get all i need and make the decision to open an account just after one chat with their support team. I like when the support the broker provides is this effective and they give straight answers, not generic text or direct me to faq
kinda chill - i mean my trades r kinda chill to do thanks to the platform.Started with standard floating account and it was ok tbh. Doing us500cash and us100cash, and it's comfortable to trade these on their webtrader. vps hosting is also nice option because helps me do trades evry time, not bound to a certain schedule. I can't say I'm experienced trader more like a recent newcomer but already got some profits with ironfx. Besides, did a demo before on there platfroms before joining ironfx. So far so good. The acc is good -no commissions there. No extra money burden for a beginner. Feels secure.
I followed one of ironfx's webinars on trading psychology. There wasn’t some magical new technique, but the part about increasing risk after a winning streak was on point. I’ve done exactly that before, so the reminder didn’t feel pointless.
For the algo trader, it wasn’t a bad setup. The broker still supports old proven MT4 expert advisors, offer VPS service and ECN execution. I wouldn't call something exceptional, but the bare minimum for algo trading was met. I’ve already run a few trades and withdrawn once. So far it’s good. Hope it will be the same…
If I was to put a rating it would be 4.I can explain why: because they are solid. In a way that they've been working for so many years now, you can't take it away from them. But 1 star-off because there's not enough innovation and new stuff. like platform and features.
For Metatrader and its expert advisor users, it's a pretty good platform. There is good vps service out there, pretty smooth execution and different accounts with different pricing models. The only drawback I see is the lack of other software, more user-friendly software, like tradingview. But forex traders, old school forex traders don’t want it anyway.
The support system doesn’t work 24/7 out here, only 24/5, but they are really quick. I got the answers for my inquiries within 5 minutes, and they genuinely tried to solve the issues.
There was my favorite trading setup available: futures on the mt4 platform. Needed to pay additional $10 per lot, but spreads were still alright for not losing much on trading costs.
for majors, candlesticks print accurately here, very much so. limit orders fill at my levels when normal volatility. Have checked the quotes, and dont see any inacuracies, with my eyes at least.
It’s my favorite broker, because they stick to basics and simplicity, instead of pursuing modern trends! I still support MT4, where I feel comfortable unlike anywhere else. In terms of spreads, they’re fine. Fixed spreads account allowed me to trade intraday and catch high RR moves, not losing much on spreads. No need to chase something fancy, when something is already works.
for real, over the course of 15 years, this broker could have added mt5 or cTrader...but as I see mt4 does the job quite well :)
A nice pick up for diversification. Forlong I had an idea to use my swing and day strategies at one place, only looking for the right place to settle. Ironfx offers the required level of service, especially in terms of their accounts. With some effort, I could activate the swap free period for forex that I hold, while trading futures on indices intraday with fixed spreads.This COMBO worked well.
most platforms look impressive in calm markets, volatility tells a different story. Gotta say ironfx has handled it better than I expected. That’s why I’ve stuck with them. Also, their support was always ready to assist me even at 3:AM, while I wasn’t sleeping and trading forex pairs. It’s worth a lot. My first withdrawal was via a bank card, filled in all the personal info, nothing major happened
two things i didnt expect is - so many different instruments to trade like lotta stocks among various markets for comfort. and so many awards, in their 15 years they didnt just survive but made sure they have better conditions than therest. and its still like this, because costs are low. for example on ecn you can see what im talking about.
It’s easy to get lost in their accounts, each with unique cost prepositions. One was a classic spread account with highest leverage and lack of commission. The other one was with fixed spreads. Others too require higher deposits, so I gently skipped them. Actually, I didn’t see a fixed spreads account anywhere else and enjoyed trading with it. I could trade news without losing much on fees. Nice!
it is been like 2 yrs since I transitioned from a demo account to a real here... So far so good. There is copy trading feature, that I actually don't understand, I mean it might be useful as additional income stream, but better to trade by yourself. The broker offers good conditions, tight spreads and swaps -so whether it is scalping or long term holding, it doesn't matter, all depends on your skills
did not expect much from the broker's Academy....but gotta admit, it has some good materiials, my fav one is ebook on TA. In genera, I saying it is a legit broker, solid, not the best, but fine
I listened to their trading podcasts on spotify, also followed their finance news - quite relevant...though doubted before. Felt they did good reserach in picking signifcant events related to finance.
