IR Strategies Forex Broker

IR Strategies Review Summary Founded2023 Registered Country/RegionUnited Kingdom RegulationNo regulation Market InstrumentsStocks, forex, ETFs, bonds, commodities Demo Account/ LeverageUp to 1:150 Spread~3 pips (Bronze account) Trading PlatformIR Strategies Platform Minimum Deposit$250 Customer SupportPhone: +44 2475 200497 Email: support@irstrategies.netIR Strategies Information IR Strategies was founded in 2023 and is based in the United Kingdom. It is an unregulated broker not authorized by the UKs Financial Conduct Authority (FCA). The company provides access to different assets including stocks, forex, ETFs, bonds, commoditiesw with leverage up to 1:150, but it does not support MetaTrader platforms and the minimum deposit is as high as $250.Pros and Cons ProsCons Wide range of tradable instrumentsNo regulation Multiple account types with different featuresNo demo or Islamic accounts Wide spreads Does not support MT4 or MT5 High minimum deposit Unknown payment methodsIs IR Strategies Legit? IR Strategies is not a regulated broker. It says it works out of the UK, but the Financial Conduct Authority (FCA), which is the UK's main financial regulator, does not give it permission to do so. Please be aware of the risk! WHOIS domain data show that the domain irstrategies.net was registered on August 22, 2023, and it is still active. The last time the domain was changed was on August 22, 2024, and it will expire on August 22, 2025. It says that clients are not allowed to transfer it.What Can I Trade on IR Strategies? IR Strategies gives you access to a wide range of tradable assets, such as Stocks, forex, ETFs, bonds, and commodities. Trading InstrumentsSupported Stocks✔ Forex✔ ETFs✔ Bonds✔ Commodities✔ Indices❌ Cryptos❌ Options❌Account Type IR Strategies has five different types of live trading accounts, each one designed for a different level of trading and amount of money. Account TypeMinimum DepositMaximum LeverageSpreadMinimum OrderSupported InstrumentsExtrasSuitable for Bronze$1,0001:50~3.0 pips0.01 lotsForexPersonal managerNew traders Silver$2,5001:100~2.0 pips0.3 lotsForex, CommoditiesPersonal managerIntermediate traders Gold$10,000~1.5 pips0.5 lotsForex, Commodities, Oil & GasPersonal manager, News tradingActive and news-based traders Platinum$20,0001:150~1.0 pips0.7 lotsForex, Commodities, Oil & Gas, StocksWebinars, News trading, ManagerExperienced portfolio traders VIP$50,000~0.5 pipsWebinars, News, Premium supportHigh-net-worth, professional useLeverage IR Strategies offers leverage of up to 1:150, depending on the account type. Note that higher leverage improves the possibility for bigger income, but it also considerably increases the chance of loss. Account TypeMaximum Leverage Bronze1:50 Silver1:100 Gold Platinum1:150 VIPIR Strategies Fees IR Strategies' trading fees appear to be higher than the industry average, particularly for lower-tier accounts with spreads floating around 3 pips. As account tiers grow, the margins shrink, but the needed deposits increase dramatically. There is no apparent indication of fixed commission fees, implying that costs are mostly reflected in spreads and swaps. Account TypeEUR/USD SpreadSwap Charges Bronze~3.0 pips✔ Silver~2.0 pips Gold~1.5 pips Platinum~1.0 pips VIP~0.5 pipsTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for IR Strategies Platform✔Desktop, Web, Mobile (iOS/Android)/ MetaTrader 4 (MT4)✘–Beginners MetaTrader 5 (MT5)✘–Experienced traders