IronFX Review – Withdrawal, License, Deposit, & More
IronFX, trade name of Notesco Financial Services Limited, is a global leader in online trading that complies with international regulatory standards, according to its website. The firm claims it has more than 200 “tradable instruments in forex, as well as 10 trading platforms. It serves more than 180 countries and provides support in more than 30 different languages.
New visitors to the website can access the menu, scroll down to “About Company” and find the firm’s group licenses numbers. This information could prove valuable for individuals interested in trading with IronFX.
In addition to this, the firm claims to comply with The Cyprus Securities (CySEC) and Exchange Commission regulations. The firm is a member of the Investor Compensation (ICF). Its license number with CySEC is 125/10.
The firm’s license with the Financial Conduct Authority (FCA) is 585561 and AFSL number is 417482.
Various Trading Account Options
IronFX provides its clients with a variety of trading accounts. Each account is unique, granting access to different market platforms, with dedicated account manager available 24/5. Clients can choose from a variable or fixed spread.
The great benefit of these accounts is first-time investors can choose an account that fits their finances. For example, the micro account only requires a $100 minimum deposit, while the premium account requires a $2,500 minimum deposit and VIP $20,000.
With so many account options to choose from, clients will no doubt find one that suits their individualistic needs.
Provides Free Market Insights
This technique could just be a hook to get users interested in their services, but the site does provide you with several free market insights. And, these insights do appear to be somewhat up-to-date. However, this is information that you could easily discover on your own by watching the news.
One of the best things about IronFX is the fact that the company uses the MetaTrader 4 platform. This is one of the best platforms for trading Forex. It is available on Windows, OSX and Android. Whether you’re at home or on the road, you’ll be able to trade using IronFX. In fact, you’ve probably experimented with this software at some point in the past. If you haven’t, you’ll be able to figure it out right away. It is very straightforward and convenient for the user.
Not Available Everywhere
Unfortunately, it will be impossible to use IronFX if you reside in a few specific countries. This includes the United States, Iran, Cuba, Syria, Sudan, and North Korea. It seems that the company’s services are available everywhere else. The fact that the company is unable to operate in the United States says a great deal. Nevertheless, if you’re willing to take a risk, you should definitely think about signing up for IronFX. If you’re not, you might want to choose another broker.
Funding And Withdrawal Types
Another thing to note is that the company offers a wealth of funding and withdrawal types. As long as you have a credit card or eWallet, there is a pretty good chance that you’ll be able to deposit money into your account. The funding options available include Skrill, Neteller, Safecharge, Cardpay, Dotpay, and more. You can also use your debit or credit card or a bank wire. There are withdrawal fees for many of these options. Nevertheless, you shouldn’t have a lot of trouble finding a withdrawal method that suits you.
Truly, it appears that there is a lot to like about IronFX. Nevertheless, there is a lot to be concerned about as well. The company is licensed and regulated by several bodies, but this doesn’t mean that it is safe. There is some speculation that it could be shady. Be cautious when signing up for an IronFX account or you might just regret it.