IronFx Malaysia - IronFx Broker Review

IronFx, a brand name under Notesco Limited, was founded in 2010 to deliver the best trading conditions to both retail and institutional traders. A bold attempt by the company resulting in over 40 prominent international investing awards as well as licenses and regulations from multiple regulatory institutions, such as the CySEC of Cyprus, FCA of the UK, and ASIC of Australia.

Years of experience have turned IronFx into an industry-leading Forex brokerage company with excellent services for over 1.2 million retail traders from more than 180 countries.

IronFx Malaysia offers a wide range of trading features and benefits, such as tight fixed and floating spreads as low as 0 pip with low to no commission, and flexible leverage as high as 1:3000 using seven different trading accounts in six different asset classes, namely Forex, metals, indices, commodities, futures, and shares. These special accounts are accessible via MetaTrader 4 trading platform by making a minimum of $100 deposit.

Deposits and withdrawals can be made using a wide range of payment systems, starting from Credit cards (Visa, MasterCard), e-wallets (Skrill, Neteller, WebMoney, Perfect Money & more), as well as local bank transfers in Malaysia.

IronFx is known for its exceptional trading bonuses and promotions. Simply by opening an active trading account, you can choose from various types of bonuses, including 100% Unlimited Sharing Bonus by making a 200 USD minimum deposit, 40% Power Bonus up to $4,000 if you make a 500 USD deposit and 20% Iron Bonus up to $2,000 by making a 100 USD deposit into your live floating/fixed trading accounts. Moreover, you will also have the chance to join various trading competitions to level up the excitement in your daily trading activities.

IronFx Company perfectly understands that for many traders the Forex market can be complex and demanding. That is why the company takes pride in providing its clients, both new and professional, with free educational trading contents and resources through IronFx School, such as trading lessons for beginners and professionals, Forex strategies, economic calendar, educational articles, auto trade, VPS Hosting, financial news, and even WebTV.

Finally, should you encounter any problems while trading, IronFx multilingual customer support is available to you 24/5 via email, live chat, and phone. A concise and simple FAQ page is also available on the IronFx official website if you need more immediate answers for general inquiries.

Website: www.IronFx.com

Regulations: CySEC, FCA, ASIC

Country: Cyprus

Year founded: 2010

Malaysian Client Support: Yes

Local bank deposit in Malasyia: Yes

Bonus: Trading Contests

Rating: 4.5 / 5

Open IronFx Account

www.IronFx.com

IronFx Malaysia Account Types

Other Forex brokers usually present you with ordinary trading accounts, but not IronFx. Every trading account at IronFx is meticulously prepared for traders in terms of their needs and purposes, level of trading capital, proficiencies, and tolerance for risk.

There are two types of trading accounts at IronFx, namely the Real/Live and STP/ECN trading accounts. Live trading accounts provide instant executions with occasional re-quotes. On the other hand, STP/ECN accounts give you market executions as well as direct access to the giant Forex market with much tighter spreads and no re-quotes.

All trading accounts are available via MetaTrader 4 and WebTrader trading platforms and a 24/5 dedicated account manager.

Micro \ Standard

Minimum Deposit: $100
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating/fixed, from 1.8 pips
Commission: No
Account Currency: USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK

Open Micro \ Sttandard

Premium

Minimum Deposit: $100
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating/fixed, from 1.6 pips
Commission: No
Account Currency: USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK

Open Premium

VIP

Minimum Deposit: $10000
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating/fixed, from 1.4 pips
Commission: No
Account Currency: USD

Open VIP

Zero Fixed

Minimum Deposit: $100
Leverage: 1:500
Minimum trade size: 0.01
Spread Type: Fixed, from 0 pip
Commission: Yes, from 18 USD per lot
Account Currency: USD, EUR

Open Zero Fixed

Zero Commission

Minimum Deposit: $100
Leverage: 1:200
Minimum trade size: 0.01
Spread Type: Floating, from 1.7 pip
Commission: No
Account Currency: USD, EUR, JPY, BTC

Open Zero Commission

Zero Spread

Minimum Deposit: $100
Leverage: 1:200
Minimum trade size: 0.01
Spread Type: Floating, from 0 pip
Commission: Yes
Account Currency: USD, EUR, JPY

Open Zero Spread

Absolute Zero

Minimum Deposit: $100
Leverage: 1:200
Minimum trade size: 0.01
Spread Type: Floating, from 0.3 pips
Commission: No
Account Currency: USD, EUR, JPY

Open Absolute Zero

👉 Live Account

The first type of trading account is the Live Account offered in tight fixed or floating spreads by making a $100 deposit. The IronFx live account has four different options you can choose from according to your trading preferences.

The IronFx Standard Live account, also known as the Micro Forex Account, is offered in tight fixed/floating spreads starting from 1.8 pips. The IronFx Premium Live Account offers slightly lower fixed/floating spreads starting from 1.6 pips. Both live accounts are commission-free, come with flexible leverage as high as 1:3000, and are available in USD, EUR, GBP, AUD, JPY, BTC, PLN, and CZK base currencies.

Next is the VIP Live account, which is only available once you make a direct $10,000 deposit. You may also upgrade your standard live trading account to a VIP Live account once you have reached at least the same amount of credit balance. IronFx VIP Live Account offers even tighter fixed/floating spreads starting from 1.4 pips with no commission, flexible leverage as high as 1:3000, and available only in USD base currency.

The last trading account in the Live Account category is the Zero Fixed Live Account, in which spreads are offered fixed as low as 0 pip with a low commission starting from 18 USD for each lot you trade, depending on the currency pair. The Zero Fixed account is available only in USD and EUR base currencies with flexible leverage as high as 1:500.

👉 ECN Account

IronFx ECN trading is offered to professional traders in three different types of trading accounts, namely ECN Zero Commission, ECN Zero Spread, and ECN Absolute Zero Accounts.

The first ECN trading account is the ECN Zero Commission Account, which offers floating spreads as low as 1.7 pips with no commission, flexible leverage as high as 1:200, and is available in USD, EUR, JPY, and BTC base currencies.

IronFx also gives you the ECN Zero Spread Account available with the lowest spreads starting from 0 pip and low commission, flexible leverage up to 1:200, and available only in USD, EUR, and JPY base currencies.

Finally, the ECN Absolute Zero Account offers an extremely tight spread of 0.3 pips with no commission, flexible leverage up to 1:200, and available in USD, EUR, and JPY base currencies.

If you are still weighing the pros and cons of choosing IronFx, you can always try out the company’s free Demo account, offered with leverage as high as 1:3000 and virtual money from 500 to 5 million USD.

IronFx Malaysia Deposit & Withdrawal

Deposits and withdrawals at IronFx Malaysia are offered via multiple payment systems, including bank cards, e-wallets, cryptocurrencies, and both international and local bank transfers with no commission.

Depositing funds into your IronFx trading accounts is available using the following payment systems:

🔸 Bank Cards (VISA & MasterCard) ➜ min. 10 USD/EUR/GBP or 1,500 JPY
🔸 China Union Pay ➜ min. 10 USD
🔸 Cryptocurrencies (Bitcoin, etc.) ➜ min. 50 USD
🔸 Neteller ➜ min. 10 USD/EUR/GBP or 1,500 JPY
🔸 Skrill ➜ min. 10 USD/EUR/GBP or 10 CHF
🔸 IronFx Card Deposit ➜ min. 10 USD/EUR
🔸 Bitwallet ➜ min. 50 USD/AUR or 100 EUR or 5,000 JPY
🔸 WebMoney ➜ min. 10 USD/EUR or 700 RUB or 250,000 VND
🔸 Perfect Money ➜ min. 10 USD/EUR
🔸 FasaPay ➜ min. 20 USD
🔸 International Bank Wire Transfer ➜ min. 10,000 JPY or its equivalent

Withdrawing funds at IronFx Malaysia is available via the following payment systems, with no minimum withdrawal amount. All withdrawal requests will be processed within 24 hours by the company.

🔸 Bank Cards (VISA & MasterCard)
🔸 China Union Pay
🔸 Bitwallet
🔸 Cryptocurrencies (Bitcoin, etc.)
🔸 GlobePay
🔸 Perfect Money
🔸 Neteller
🔸 Skrill
🔸 IronFx Cards Withdrawal
🔸 WebMoney
🔸 FasaPay
🔸 International Bank Wire Transfers

Convenience in Forex trading also means being able to complete your financial transactions using your local bank account. Malaysian residents will be able to deposit and withdraw their funds using local bank transfers with a minimum deposit of 50 USD:

🔸 Maybank
🔸 Public Bank
🔸 CIMB Bank
🔸 Hong Leong Bank
🔸 AmBank
🔸 RHB Bank

IronFx Malaysia Spreads

Spreads at IronFx Malaysia are offered fixed and floating starting from 0 pip with low to no commissions, depending on each trading account.

No commission trading is available for IronFx Live trading accounts with tight floating and fixed spreads starting from 1.8 pips for IronFx Standard/Micro Live, 1.6 pips for IronFx Premium Live, and 1.4 pips for IronFx VIP Live trading accounts.

On the other hand, IronFx Zero Fixed account offers fixed spreads from 0 pips, which will not change even when the market is extremely volatile, but it requires traders to pay a commission starting from 18 USD per lot, depending on the currency pair.

At the same time, ECN trading at IronFx gives traders direct access to the Forex market in much tighter spreads starting from 1.7 pips for IronFx ECN Zero Commission and 0.3 pips for IronFx Absolute Zero trading accounts.

If you use the IronFx ECN Zero Spread account, you will benefit from the lowest spreads starting from 0 pip; however, you’ll have to pay a commission for each lot traded.

IronFx Malaysia Security & Safety of Funds

IronFx guarantees the safety and security of its clients’ money and account information. Being a brand name under the global Notesco Limited Group, IronFx is licensed and regulated by multiple regulatory agencies from various jurisdictions all around the world, including:

👉 CySEC of Cyprus – license #125/10
👉 FCA of the UK – license #585561
👉 ASIC of Australia – license #417482

Being closely monitored by the above regulatory organizations means that IronFx is bound to comply with international financial laws and regulations, including keeping its clients’ funds safe in segregated bank accounts and completely separate from the company’s operational funds. IronFx is also required to maintain a certain amount of capital, be periodically audited by independent auditors, and keep all of its financial transactions clean which means adhering to the AML (anti-money laundering) as well.

On top of everything, all IronFx traders’ accounts come with negative balance protection, preventing their account balance from going below zero, and therefore, avoiding unnecessary losses.

IronFx Malaysia - IronFx Broker Review

IronFx Malaysia Account Types

IronFx Malaysia Deposit & Withdrawal

IronFx Malaysia Spreads

IronFx Malaysia Security & Safety of Funds

Advantages of Trading with IronFx Malaysia