Score

1.55 /10
Danger

IronTrade

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

High potential risk

C

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Rosco Solutions LTD.

Company Abbreviation

IronTrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-05-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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IronTrade · Company summary
IronTrade Review Summary
Founded2013
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNot regulated
Market InstrumentsForex, Commodities, Stocks, Indices, CFDs
Demo Account
LeverageNot mentioned
SpreadNot applicable (binary options model – fixed returns instead of spreads)
Trading PlatformProprietary platform (Web, Android, iOS)
Min Deposit$10
Customer SupportVietnamese (+84) 244-4582-123Thai (+66) 2508-8663Hindi 000-800-040-1806Indonesian (+62) 215-085-1234.
support@irontrade.com or info@irontrade.com

IronTrade 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.

IronTrade Information

Pros and Cons

Pros Cons
Low minimum deposit ($10)Not regulated
Simple, beginner-friendly platformFixed payouts limit profit potential
Access to different instruments including forex and CFDsNo MT4/MT5 support, no Islamic account

Is 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.

Is IronTrade Legit?

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.

Is IronTrade Legit?

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
What Can I Trade on IronTrade?

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.

Account Types

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.

IronTrade Fees

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 traders
Proprietary PlatformWeb, Android, iOSBeginners and casual traders focused on simple fixed-return trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Trading Platform

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 Time
Visa / 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
Deposit and Withdrawal

News

NewsIronTrade Review 2021

IronTrade Review 2021. Is the broker legit? Is it a scam? Trading platform.

WikiFX
2021-12-13 16:54
IronTrade Review 2021

User Reviews

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User comment

3

Comments

Write a review

Roskyli
more than one year
IronTrade has truly enriched my trading experience with their demo account. I've gained valuable insights and learned a lot, which is why I love forex trading.
IronTrade has truly enriched my trading experience with their demo account. I've gained valuable insights and learned a lot, which is why I love forex trading.
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2024-01-31 20:38
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林婷
more than one year
IronTrade's website looks professional and reliable, with a user-friendly interface and helpful trading tools. However, upon further research, I discovered that the company is registered in Saint Vincent and the Grenadines, which raises concerns about its regulatory oversight and consumer protection policies.
IronTrade's website looks professional and reliable, with a user-friendly interface and helpful trading tools. However, upon further research, I discovered that the company is registered in Saint Vincent and the Grenadines, which raises concerns about its regulatory oversight and consumer protection policies.
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2023-03-23 10:59
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