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IronFX — where it wins, where it loses

IronFX does not currently take a column outright against this field. No column in our set puts it behind the field. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.

n/vCost per 10 lots — not confirmed, so not compared
n/vEUR/USD figure the comparison is priced from
1Tier-1 entries of 4 licence rows
$100Minimum to open, where the broker states one

Column by column

The split

Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.

Wins on

No column where IronFX takes the field outright.

Loses on

No column in this set puts IronFX behind the field.

Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.

Licensing

Which entity, which regulator, which number

Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.

IronFX — licence rows on file
RegulatorNumberJurisdictionTierEntityRead from
FCA585561United KingdomTier 1Notesco UK Limitedregister.fca.org.uk
CySEC125/10CyprusTier 2Notesco Financial Services Limited (reg. 260651)cysec.gov.cy
Bermuda registration cited in IronFX terms of businessBermudaTier 3Notesco Limited (Bermuda reg. 51491)ironfx.com
FSC British Virgin IslandsBritish Virgin IslandsTier 3Notesco (BVI) Limitedironfx.com

Checkable

Facts the comparison runs on

On the record

  • Before you weigh this against another broker: the Cyprus arm, Notesco Financial Services Limited (formerly IronFX Limited), holds CySEC licence 125/10.
Comparison inputs
Trading sincenot verified
BaseLimassol, Cyprus (registered address of Notesco Financial Services Limited: Iapetou 2, 4101 Limassol)
Minimum to open$100
Leverage cap1:30 (FCA/CySEC retail); higher leverage advertised on non-EU entities
EUR/USDnot verified
TerminalsMT4, MT5
Account tiersLive Fixed, Live Floating, STP/ECN
Record confidencemedium
Matchup-readyno — too many gaps to run a fair head-to-head

Excluded from the maths

Not verified

Not verified

These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:

  • the founding year is missing, so it is excluded from every comparison on this page.
  • a typical EUR/USD spread is missing, so it is excluded from every comparison on this page.
  • whether client money is held in segregated accounts is missing, so it is excluded from every comparison on this page.
  • whether negative balance protection applies is missing, so it is excluded from every comparison on this page.
  • whether the group is publicly listed is missing, so it is excluded from every comparison on this page.

Costs less

Who beats IronFX on price

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.