What Account Types and Fees Does IronFX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and casual traders |
Low minimum deposit, competitive spreads |
Ideal for small-capital traders |
| Premium Account |
Intermediate traders |
Lower spreads, faster execution |
Recommended for those with moderate trading experience |
| VIP Account |
Experienced traders |
Exclusive benefits, higher leverage |
Requires higher trading volume or capital |
| Islamic Account |
Muslim traders |
Swap-free trading options |
Must be eligible for swap-free benefits |
| Demo Account |
Beginners |
Risk-free trading environment |
Available for 30 days |
Account Opening Process
To open an account with IronFX, follow these steps: First, start the account registration by clicking the “Register” button on their homepage. Next, complete the online registration form, providing your personal, employment, and financial information. You will also need to submit identity verification documents such as a government-issued ID and proof of address. After your application, you can enjoy account flexibility, including the option to upgrade to a professional account in the future if your trading experience and volume qualify you for it.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (AAPL) |
0.1 |
$0 |
Competitive rates for stocks |
| CFDs (Gold) |
0.3 |
$0 |
Low spreads on commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable based on market conditions |
Other Fees
In addition to trading fees, IronFX has several other costs that traders should be aware of. These include deposit and withdrawal fees, which can vary depending on the payment method. There is also an inactivity fee charged when accounts remain dormant for an extended period. If applicable, platform usage fees may apply, especially for premium features. Overnight interest (swap rates) will be incurred on positions held overnight, and currency conversion fees may apply when trading accounts are funded in currencies other than the base currency.
