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About

IronFX is a leading international brokerage operating as the trade name of Notesco Limited. The global online forex broker has been recognised internationally with more than 40 prestigious industry awards. IronFX has grown exponentially, and it currently has more than 1.5 million traders across 180 countries worldwide! 🚀 It provides secure and reliable access to financial markets through its cutting-edge trading platforms, including the industry standard MetaTrader 4, WebTrader, IronFX mobile trading app, IronFX Web Trader app, and TradeCopier.Traders can also enjoy fast and reliable execution with VPS Hosting. A PMAM platform for managing multiple accounts is also available and is ideal for account managers.

About

The decade of achievements, awards, and steady access to global financial markets for over four million traders. Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords. Make deposits and withdrawals using the most popular payment options. View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit. Start trading in a compatible trading platform app. View contest statistics and access your contest accounts. Activate bonuses and view statistics on active and completed bonuses. OctaFX Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more. OctaFX, one of the best Forex brokers on the market, for traders all round the world. OctaFX offers access to CFD trading, commodity trading and indices trading with award-winning Forex trading conditions.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone interested in an online trading platform

Audience

Users looking for a Forex broker solution to get access to CFD trading, commodity trading and indices trading

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 4.6 / 5
ease 4.7 / 5
features 4.6 / 5
design 4.6 / 5
support 4.5 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.4 / 5
support 4.9 / 5

Pros & Cons from Real Users

Pros

  • Affordable trading platform and good selection of accounts. And raw account type has excellent spreads on forex
  • Their education stuff isn’t perfect, but it’s real. I spent a few evenings watching their videos or smart money analysis and suddenly started seeing the market differently.
  • 1. Good trading conditions with raw spreads and small commissions. 2. ECN executions on the platform, which mattering for scalping
  • As an algo trader I find it beneficial that ironfx gives out free vps servers. And it’s actually not bad, latency is minimal, which is crucial.
  • FIXED SPREAD ACCOUNT which is ideal for day trading. No more skipping news trading because of spreads. Leverage is also high on this account

Cons

  • Only metatrader is offered as a trading engine, bit limiting
  • For some reason they stopped holding online webinars on YouTube. Bring them back!
  • 1. Lack of distinctive features. 2. Short FAQ section
  • The best acc to use for algo trading is ECN VIP, but min depo is quite big…
  • No mobile application. Yes, there is an mt4 mobile version, but it’s functionality is limited to trading only. I couldn’t make payments or use other broker’s features there.

Pros & Cons from Real Users

Pros

  • Octa doesn’t charge any swap fees for overnight positions which means I can hold trades for weeks, and even months without losing anything on trading-costs, except for paying spreads. As a swing-positional trader I think it’s a game-changer because I believe big profits always are made from mid-term trades, I mean instead of sweating every day and trying to catch 1-2% profits, it’s better focus on something bigger, just opening a trade and leaving it for days or weeks until the price will be grown or fallen by 10-15% and that’s it. You made profits without worrying about every tick.
  • It’s been a year since I’ve been using the AI chart feature on their proprietary platform. I dunno how Octa managed to come up with such a cool tool because I see how other brokers are still behind them and lose competition. The way it analyzes my charts is indeed effective, just a few clicks, and there you go, you get a whole picture about what’s going on there...
  • Honestly, it’s pretty uncommon to come across trading conditions like those offered by Octa. Plus, it’s a relief to know that the broker is trustworthy and doesn’t demand a hefty deposit just to access those tight fees. They provide just one trading account, and that is more than enough to fit any trading strategy imho.
  • First thing to report that I liked is for sure special trading plaform - OctaTrader. It has AI tools that is helpful for trading. AI pattern recognition tool is a great additon. The app itself is user friendly too.
  • Support services are really nice, they answer quick most of the time. I hadonly positive experiences with live chat. and their own platform is packed with different features.

Cons

  • The design of the Octa trade app felt a little bit overwhelming because I needed to open guidelines to understand where and what buttons I have to click to open a chart, positions, and how to put stop losses and take profits. I mean it took a while to adjust to the platform’s functionality.
  • Sometimes spreads might be wider than usual, and ofc nobody likes that, but I hope they will be able to provide tighter spreads on cryptocurrencies, regarding forex pairs, they’re fine.
  • What I didn’t like was the commodity asset variation. They only have gold and silver, but where is crude oil or copper as an example?
  • I think they should update their education section. :D
  • Still has a drawback and its not enough asset, I think they can do like 1000+ assets so people have a wider selection.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

IronFX
Founded: 2010
Bermuda
www.ironfx.com/en/

Company Information

OctaFX
Founded: 2012
St. Vincent and the Grenadines
www.octafx.com

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

Vantage

Vantage

Vantage Markets

Categories

Categories

Integrations

Bitcoin
Skrill

Integrations

Bitcoin
Skrill
Claim IronFX and update features and information
Claim IronFX and update features and information
Claim OctaFX and update features and information
Claim OctaFX and update features and information