According to our expert Ironfx review, is it a leading online trading company.
Forex brokers are companies that provide traders with access to a platform that allows them to buy and sell currencies.
Trades in this market are always between a pair of two different currencies, so forex traders buy or sell the particular pair they wish to trade. Forex brokers may also be referred to as retail forex brokers or forex trading brokers.
Most forex brokerage firms handle only a small part of the overall forex market volume.
Retail forex traders use these brokers to gain access to the 24-hour forex market for speculation purposes. Forex broker services are also provided to institutional clients by larger companies such as investment banks.
IronFX is based in Limassol, Cyprus. The company was founded in 2010, where it rapidly expanded by opening offices in London and Sydney.
Today, its services are offered to residents in nearly 200 countries in Africa, Europe, Latin America, Asia, and the Middle East.
IronFX specializes in online trading services and offers traders opportunities to trade over 200 instruments in various markets including Forex, Metals, Indices, Commodities, Futures, and Stocks.
The company offers traders powerful trading platforms, a wide selection of trading tools, advanced technology, and 24/5 multilingual support to ensure traders have a positive trading experience.
IronFX also offers traders free VPS hosting as well as a copy trade feature called AutoTrade through myFXbook.
Unfortunately, due to legal restrictions, it is not allowed to offer services to residents of the United States, Cuba, Sudan, Syria, and North Korea.
Awards and honors
When deciding which Forex broker to choose, many potential traders take into consideration the awards that a particular broker may have earned during their years of trading.
As such, these awards are an indication of the broker’s overall level of performance, the features and platforms it excels at, and its overall position within the industry.
Not all brokers participate in prizes and therefore this aspect must be taken into account with the general offer of the broker.
Although IronFX offers a very competitive trading environment, it has not received any awards to date.
MetaTrader 4 broker
MetaTrader 4 broker looking for a comprehensive collection of trading tools will get the MetaTrader 4 platform to suit their trading requirements. IronFX’s MT4 Client Terminal allows traders to instantly access market indicators, technology analysis tools and the use of EAs or Expert Advisors. The demo platform on the website is also based on the MetaTrader 4 platform.
MT4 broker Key Features:
- It has a user-friendly interface that allows traders to access all of its features in an orderly and efficient manner, so it’s easy to locate the tools you need.
- It has 30 technical indicators and 24 drawing tools like moving averages, trend lines, Bollinger bands, stochastics, accelerators, and Fibonacci.
- Mt4 offers three types of executions, two market execution,ns and instant execution.
- One-click trading allows traders to execute functions in a single move without checking dialog boxes.
- It has 9-time frames ranging from one minute to monthly time frame so that traders have a clear picture of the general price direction.
- It features advanced RSA data encryption to ensure all transfers are secure between clients and servers.
- Traders can acquire the funds’ trading history and price quotes as they occur in the market.
- It is compatible with any browser and operating system, making it available for websites and desktops/laptops.
- It is also available as a mobile app compatible with Android and IOS, so traders can access their trading accounts wherever they are on their mobile phones.
- Los comerciantes también pueden acceder al comercio automatizado MT4 con Asesor Expert and its MQL4 programming language for strategy development.
Benefits of MetaTrader 4 broker:
- One of the most trusted and popular platforms available
- Access to over 200 financial instruments across Forex CFDs, Spot Metals, Futures, Stocks, Spot Indices, and Commodities
- Lightning-fast order execution
- Spreads as low as 0 pips
- Manage orders, positions, and capital online
- All types of orders and execution modes
- Monitoring of prices of financial instruments and exchange rates
- Advanced charts and indicators
- Online news broadcast
- Activity reports