IronTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-28 19:54

Abstract：Iron trade was established in 2019, it claims to be owned and managed by Rosco Solutions Ltd in Kingstown, St Vincent and Grenadines and the information on the site provided by Triafor Solutions Ltd located in Nicosia, Cyprus. Iron Trade does not accept users from these countries: USA, European Economic Area, Canada, Russia, Switzerland, Israel, etc.

IronTrade Review Summary
Founded	2013
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Not regulated
Market Instruments	Forex, Commodities, Stocks, Indices, CFDs
Demo Account	✅
Leverage	Not mentioned
Spread	Not applicable (binary options model – fixed returns instead of spreads)
Trading Platform	Proprietary platform (Web, Android, iOS)
Min Deposit	$10
Customer Support	Vietnamese (+84) 244-4582-123Thai (+66) 2508-8663Hindi 000-800-040-1806Indonesian (+62) 215-085-1234.
Customer Support	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.

Pros and Cons

Pros	Cons
Low minimum deposit ($10)	Not regulated
Simple, beginner-friendly platform	Fixed payouts limit profit potential
Access to different instruments including forex and CFDs	No 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.

　　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.

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	❌

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.

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.

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 Platform	Supported	Available Devices	Suitable for what kind of traders
Proprietary Platform	✅	Web, Android, iOS	Beginners and casual traders focused on simple fixed-return trading
MetaTrader 4 (MT4)	❌	–	–
MetaTrader 5 (MT5)	❌	–	–

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.

Method	Min. Amount	Fees	Processing Time
Visa / Mastercard / Maestro	$10	Not mentioned (likely free, but may vary)	From seconds to several days (depends on processor)
Bank Wire Transfer	$10	Not mentioned (likely free, but depends on bank)	Up to 45 business days