IronFX Review 2026
The full IronFX write-up for Romania traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Romania
| Regulator | CySEC CySEC, Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 125/10 |
| Regulated Entity | Notesco Financial Services 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 CySEC register → | 125/10 |
Verdict
Cooks under CySEC (licence 125/10). Cover charge $100. In Romania, 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 Notesco Financial Services Ltd under CySEC.
In Romania, IronFX serves as Notesco Financial Services Ltd, cleared by CySEC under licence number 125/10. Under CySEC house rules, Romania traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- CySEC regulated, licence 125/10
- 300+ instruments to trade
- Negative balance protection in Romania
- 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 CySEC, issued to the entity Notesco Financial Services Ltd, an authorisation you can look up for yourself on the official CySEC public register.
What is the minimum deposit for IronFX in Romania?
The cover charge is $100, the smallest amount Romania traders need to open a live account with IronFX under CySEC rules.
What leverage does IronFX offer in Romania?
In Romania, CySEC 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 CySEC. 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.
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