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Trading instruments and assets
100%
Withdrawal speed
100%
Brokerage commission
80%
Technical support
80%
Standard account type is doing the job
I was impressed and curious about the zero-spread account types. I give it a chance and indeed they work. However, I made a beginner’s mistake and didn’t do my due diligence about the commission involved. After two weeks of trading, I realised that my trading strategy didn’t need a zero-spread account type for which I was paying a hefty fee. So, I switched to the Live floating spreads accounts without additional trading fees except for the spread.
Long story short, the zero spread accounts are only suitable for certain trading strategies, most likely for scalpers. If you are not a scalper, you don’t need it.
Minuses
The trading fees on certain accounts are pretty high, particularly on the zero-spread account types, so do the maths carefully before making a decision if it aligns with your trading strategy.
More honest opinions from real people about the company IronFX
I’ve been following webinars and analytical videos of Ironfx since at least 2023. Step by step, it enriched my understanding of markets and allowed me to switch to a live trading standard account. As much as I enjoy all trading assets offered by the broker, I prefer cryptocurrency assets as it’s a modern... Read more
Nirin Chaiprasit4 months ago
4.3
Rate your review1
+1
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Seven types of trading accounts
Can you imagine that you can choose among seven types of trading accounts the best one which suits your trading requirements and strategy. Yeah, it was a complicated task for me also and in the IronFX everyone can find the most suitable account, personally, I chose a STP/ECN “no commission” account... Read more
Standard account type is doing the job
I was impressed and curious about the zero-spread account types. I give it a chance and indeed they work. However, I made a beginner’s mistake and didn’t do my due diligence about the commission involved. After two weeks of trading, I realised that my trading strategy didn’t need a zero-spread account type for which I was paying a hefty fee. So, I switched to the Live floating spreads accounts without additional trading fees except for the spread.
Long story short, the zero spread accounts are only suitable for certain trading strategies, most likely for scalpers. If you are not a scalper, you don’t need it.