IronTrade Forex Broker

IronTrade Review SummaryFounded2013Registered Country/RegionSaint Vincent and the GrenadinesRegulationNot regulatedMarket InstrumentsForex, Commodities, Stocks, Indices, CFDsDemo Account✅LeverageNot mentionedSpreadNot applicable (binary options model – fixed returns instead of spreads)Trading PlatformProprietary platform (Web, Android, iOS)Min Deposit$10Customer SupportVietnamese (+84) 244-4582-123Thai (+66) 2508-8663Hindi 000-800-040-1806Indonesian (+62) 215-085-1234.support@irontrade.com or info@irontrade.comIronTrade Information Founded in 2013 and registered in Saint Vincent and the Grenadines, IronTrade is a binary options trading platform. It gives access to more than 70 instruments and offers fixed-return trading via a unique platform. Although the platform is low entry and user-friendly, it runs without any regulatory control.Pros and ConsPros Cons Low minimum deposit ($10)Not regulatedSimple, beginner-friendly platformFixed payouts limit profit potentialAccess to different instruments including forex and CFDsNo MT4/MT5 support, no Islamic accountIs IronTrade Legit? IronTrade is an unregulated broker. Registered in Saint Vincent and the Grenadines, where the local authority (FSA) does not supervise forex and CFD brokers. IronTrade is also unlicensed by significant authorities such as the FCA, ASIC, or CySEC. The WHOIS search shows the name irontrade.com was registered on February 21, 2005. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar. The domain is scheduled to expire on February 21, 2026, and the most current update was on January 31, 2025.What Can I Trade on IronTrade? IronTrade offers more than 70 trading instruments, including currency pairs, indices, commodities, and individualstocks. The platform emphasizes accessible markets through CFDs and significant worldwide brands.Tradable Instruments Supported Forex✅Commodities✅Crypto❌CFD✅Indexes✅Stock✅ETF❌Account Types IronTrade has two kinds of live trading accounts: a Standard account with a low entry barrier of $10, perfect for novices, and a VIP account needing a $900 deposit, meant for experienced traders looking for better returns (up to 90%) and priority services. Though it lacks Islamic (swap-free) accounts, the platform does provide a sample account for practice.IronTrade Fees IronTrades fees are higher than average due to its binary options model. Instead of spreads or commissions, the platform takes a 10% fee from each successful trade, meaning traders receive only 80% payout, which reduces overall profitability compared to standard brokers.Trading Platform Based on the description provided, IronTrade appears to offer a custom-built proprietary trading platform, likely optimized for binary options style trading (predicting price direction with fixed outcomes).Trading PlatformSupported Available Devices Suitable for what kind of tradersProprietary Platform✅Web, Android, iOSBeginners and casual traders focused on simple fixed-return tradingMetaTrader 4 (MT4)❌––MetaTrader 5 (MT5)❌––Deposit and Withdrawal IronTrade does not explicitly charge any deposit or withdrawal fees, but the processing time and possible third-party charges depend on the payment method used. The minimum deposit amount is $10.MethodMin. AmountFeesProcessing TimeVisa / Mastercard / Maestro$10Not mentioned (likely free, but may vary)From seconds to several days (depends on processor)Bank Wire Transfer$10Not mentioned (likely free, but depends on bank)Up to 45 business days