5 Reasons to trade with IronFX
Investing has become a necessary element of life in the modern-day. Everyone desires additional income in addition to their standard wage. So nothing beats putting money aside to supplement your income. One of the fastest-growing markets is the forex market. IronFX, one of the most excellent forex brokers, is discussed here.
IronFX is a broker platform that is one of the most regulated brokers. It has user-friendly customer support services to avoid any obstacles. It avails the MetaTrader 4 trading platform as well and includes commission-free trading. In addition, an Islamic account feature is also available.
1. Security
The broker employs contemporary technologies such as encrypted transactions, strict firewalls, SSL technology, and other secure tracks to protect the client’s data. In addition, to preserve high-level security, the provider stores the broker’s assets in a segregated account. Because it has enough anti-money laundering protection, IronFX also adheres to its anti-money laundering policy.
The FCA (UK), ASIC (Australia) and CySEC (Cyprus), in charge of executing the country’s FX regulations. Furthermore, IronFX uses a higher level of encryption on its secure servers to assure complete data security. You don’t find any scam or information about IronFX scandal nowhere.
2. Different Types of Trading Account
IronFX is a broker that anyone can use. As a result, IronFX provides its consumers with three different trading accounts. In addition, there are further tiers for trading accounts: silver, gold, and platinum. As a result, traders may implement and monitor trades in a pleasant trading environment regardless of their trading skills.
A beginner’s silver trading account is built to meet all of the fundamental requirements. Gold trading accounts are suitable for seasoned traders who wish to take their trading careers to the next level. Finally, the platinum account is designed for highly experienced traders with a high-risk appetite and a desire to trade more aggressively.
There is no deposit commission and availability of widespread, dedicated customer support in the Silver Trading Account, including all the famous types of currency pairs, without letting anyone pair out. For the step-by-step assistance, there is an overall learning facility available.
Other trading accounts include the same standard features from the silver trading account, in gold and platinum trading accounts, but other benefits also work out favor the trader. With 25% and 50% percent swap discounts in gold trading account and platinum trading account, respectively. In addition, all three trading accounts consist of CFDs on over 350 assets which is a great thing in terms of trading.
3. Demo Account Feature
Silver, Gold, and Platinum, all three accounts, come with a demo account function. Traders can use these accounts to practice their trading skills. The broker provides the same environment as live trading on a demo account. Both professionals and beginners will benefit from this account. Professionals might use a demo account to test their new strategies. A demo trading account is a service provided by IronFX to its customers. The account is a demo account through which traders can research the market they want to invest in, develop trading strategies, practice, improve their trading abilities, gain a better understanding of the market, and do a lot more than they could without risking their money.
Traders who use a demo account are not required to invest any money. Instead, they are given virtual currency to utilize in the trade. With a demo account, investors can practice actual trading and analyze the market without going live. A demo account entitles investors to practice trading on IronFX’s platforms while avoiding the risks of the live market. The account includes most of the same capabilities as a live account, but a few crucial distinctions exist.
Sharia law adherents can also open an Islamic account with the broker’s interface. Traders can take advantage of fully operational trading, leverage up to 1:100, no spread widening, specialized customer assistance, and various other features with this account. Investors must submit a request to the broker’s support term while opening an account on the broker’s website to access an Islamic account.
4. Education and Research Assistance
The broker’s website contains a wealth of educational content, which you can have access to simply by registering for an account. Traders will access trading articles, trade ideas, earnings season, asset hub, trading courses, and the economic calendar. All of these characteristics will aid in your trading education. Beginners can enhance their trading skills, while professionals can learn about new trading strategies in different markets.
Traders can get trading VOD, eBooks, trading articles, and online courses on the broker’s platform. For the client’s convenience, an Economic Calendar is also accessible. In addition, traders can buy and sell assets directly through the Assets hub feature on the broker’s platform.
5. Extended Customer Support
Customer Support at IronFX Brokerage is available 24 hours a day, five days a week. Traders can reach out to them via phone, live chat, and email. In addition, investors can get guidance from support terms (04:00 till 17:00 GMT). Traders can also get out to them through the broker’s website’s “Contact Form.”
Bottom Line
IronFX is a broker that trades over 350 different tradable assets, including forex, commodities, stocks, indices, cryptocurrency, and indices. IronFX is licensed in the European Union through CySec (Cyprus) no. 125/10, in U.K. through FCA no. 585561 and Australia through ASIC (AFSL no. 417482). Silver, gold, and Platinum accounts are the three categories of accounts offered by the firm. As a result, clients can take advantage of the broker’s variable spreads and high leverage.
Traders can access educational content such as VOD, articles, online courses, and many other things to help them improve their knowledge. The deposit and withdrawal processes are both quick and easy. Traders can use Mastercard, e-wallet, Visa card, and wire transfer to make deposits. Customer Support is accessible 24 hours a day, five days a week, to assist consumers.
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