Overall Rating: ★★☆☆☆ (2.8/5.0)

IronFX EU is the European arm of IronFX, operated by Notesco Financial Services Ltd and regulated by the Cyprus Securities and Exchange Commission (CySEC). While the broker is fully MiFID II compliant and offers MT4 trading, segregated client funds, and investor compensation, its reputation has been marred by historical controversies, including issues with withdrawals and poor customer service. That said, the EU-regulated entity offers more protection than its offshore counterparts and remains operational in European markets.

This IronFX EU review examines its platforms, pricing, regulation, and overall trading experience in 2025.

Key Features

IronFX EU provides a relatively standard MT4 trading environment with multiple account options and multilingual support.

• Trading Platforms:
  • MetaTrader 4 (MT4) desktop, web, and mobile
• Markets Offered:
  • Forex, indices, commodities, metals, and stock CFDs
  • 300+ instruments
• Account Types:
  • Live Floating/Fixed, STP/ECN, and Zero Spread
• Leverage:
  • Up to 1:30 for EU retail clients
  • Up to 1:500 for eligible professionals
• Minimum Deposit:
  • From €100
• Funding Methods:
  • Bank transfer, credit/debit cards, Neteller, Skrill

Regulation and Security

IronFX EU operates under strict CySEC regulation, which offers strong investor protection for European clients.

• Regulated by CySEC – Licence No. 125/10
• MiFID II compliant for all EU operations
• Segregated client funds held in European banks
• Covered by the Investor Compensation Fund (up to €20,000)
• Negative balance protection for retail clients
• No protection applies to offshore entities using the same brand

Pricing and Costs

IronFX EU offers variable pricing structures, with raw spread options for active traders.

• Spreads:
  • From 0.7 pips (floating accounts)
  • 0.0 pips (Zero Spread account, with commission)
• Commissions:
  • Zero Spread: From €7 per lot round-turn
• Deposit/Withdrawal Fees:
  • No deposit fees; withdrawal fees depend on method and account type
• Inactivity Fee:
  • Applies after 12 months of inactivity

Educational Resources and Customer Support

IronFX EU provides multilingual support and basic learning tools but lacks the depth of top-tier competitors.

• Education:
  • eBooks, platform tutorials, economic calendar
  • No live webinars or structured training
• Market Research:
  • Daily news, market analysis, and trading signals
• Customer Support:
  • 24/5 via live chat, email, and phone
  • Multilingual service, but responsiveness has been inconsistent historically

Risk Management Tools

IronFX offers standard risk tools through MT4, along with investor safeguards for EU clients.

• Stop-loss, take-profit, and trailing stops
• Margin call/stop-out levels clearly defined
• Negative balance protection (CySEC clients)
• No GSLOs (Guaranteed Stop-Loss Orders)

Pros and Cons

Pros

• CySEC regulation with MiFID II compliance
• MT4 platform with ECN and zero-spread accounts
• Segregated funds and investor compensation scheme
• Multilingual support and EU-focused service

Cons

• No MT5 support
• Limited education and basic research tools
• Mixed historical reputation, including withdrawal delays
• Inactivity fees apply after 12 months
• Better options exist for both beginners and pros

Conclusion: Is IronFX EU the Right Choice?

IronFX EU offers a regulated trading environment under CySEC with solid investor protection for EU clients, but past reputation issues, limited education, and lack of MT5 support make it less attractive than top-tier competitors. For serious traders looking for better platforms, tighter spreads, and superior support, Pepperstone, IC Markets, or AvaTrade are stronger choices.