IronFX Review 2026
The full IronFX write-up for United Kingdom traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in United Kingdom
| Regulator | FCA FCA, Financial Conduct Authority (FCA) |
| Licence Number | 585561 |
| Regulated Entity | IronFX Global UK Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 1.6 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD30/month after 3 months |
| Verify on FCA register → | 585561 |
Verdict
Cooks under FCA (licence 585561). Cover charge $100. In United Kingdom, forex leverage is capped at 1:30.
About IronFX
IronFX opened its doors in 2010 out of a kitchen in Limassol, Cyprus. Its menu runs to 300 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by IronFX Global UK Ltd under FCA.
In United Kingdom, IronFX serves as IronFX Global UK Ltd, cleared by FCA under licence number 585561. Under FCA house rules, United Kingdom traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- FCA regulated, licence 585561
- 300+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: MT4, MT5
- Founded in 2010 (16 years operating)
- Licences in 4 jurisdictions
Cons
- Inactivity fee: USD30/month after 3 months
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is IronFX regulated?
Yes. IronFX is authorised by FCA, issued to the entity IronFX Global UK Ltd, an authorisation you can look up for yourself on the official FCA public register.
What is the minimum deposit for IronFX in United Kingdom?
The cover charge is $100, the smallest amount United Kingdom traders need to open a live account with IronFX under FCA rules.
What leverage does IronFX offer in United Kingdom?
In United Kingdom, FCA rules cap IronFX at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is IronFX safe to trade with?
The kitchen passes inspection: IronFX cooks under FCA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
Reader Comments
Loading comments...