IronFX

A giant in the sector with millions of customers worldwide, IronFX is a popular multi-asset broker offering traders access to an environment rich in excellent solutions and cutting-edge tools, for optimal trading on over 500 products divided into forex, spot metals, futures, stocks, spot indices, and commodities.

Strictly regulated by multiple supervisory bodies, IronFX offers transparent trading with the highest standards of security in over 180 countries in Europe, Asia, the Middle East, Africa, and Latin America.

Being an STP – ECN broker, IronFx allows traders of any experience level to access a highly performing environment:

• Market access without any intermediary.
• Direct interaction with top-level liquidity providers.
• Raw prices, without any manipulation.
• Lightning-fast order execution speed.

The broker bases its operation on a fundamental concept: maximum support. Continuous and efficient assistance, guaranteed by professionals in the field, who daily commit to providing daily market opinions, detailed analyses of the most influential financial and economic news, and useful advice on how to manage one’s trading. Available 24 hours a day, 5 days a week in over 30 languages.

In addition to a well-structured environment capable of satisfying both experts and beginners, the broker periodically proposes very interesting promotional initiatives, with the aim of enhancing the work of clients. Extra funds to use in trading, fantastic cash prizes (withdrawable), attractive contests, and advantageous discounts, will allow the trader to gain the maximum advantage from any operation and to expand their knowledge and experience.

Among the promos available at this time, the popular “$500K Grand Trading Slam” program is undoubtedly the most interesting.

Visit the official IronFX website

$500K Grand Trading Slam

An attractive, exceptional contest that offers participants the opportunity to compete for advantageous cash prizes that are withdrawable. With a total prize pool amounting to a whopping $500,000, the Grand Trading Slam offered by IronFx was created with the goal of encouraging traders to give their best by applying all their knowledge to win up to $175,000.

Here’s how it works:

• The contest is exclusively reserved for traders holding a rigorously verified real account.
• To access the initiative, the client must make a minimum deposit of $500.
• Start trading.
• The winners of the Contest will be determined based on the following factors:
  1. Trader with the highest percentage of realized profit at market close on the last day of the Contest.
  2. The highest net profit (total of realized and unrealized profits and losses).
  3. Total funds deposited throughout the promotional period.

The formula that will declare the winners is as follows:

Yield = Net profit / Deposits x 100

For example:

• Total deposits for the period: 7500 USD
• Net profit for the period: 12000 USD
• Yield = Net profit / Deposits x 100 — 12000 / 7500 x 100 = 160%

The promo is divided into two levels distinguished by the minimum activation deposit and total prize pool:

Elite Level.

By depositing a minimum of $500, the client will have the opportunity to win up to $70,000, with a prize pool of $150,000.

Master Level

By depositing a minimum of $3000, the client will have the opportunity to win up to $150,000, with a prize pool of $350,000.

Each level will classify 10 winners who will receive withdrawable cash prizes:

Participate in the Grand Trading Slam

Regulations and Useful Information

Here is a summary of all the information and rules regarding the promo offered by the broker:

• To access the initiative, the participant must go to the dedicated contest page and register by providing: first and last name, phone number, email, country of residence, and nickname.
• To participate, it is mandatory to hold a rigorously verified real account
• With access to the promo area, the trader can register by clicking on the indicated link and creating the dedicated account.
• The promo does not allow participants to make money transfers between IronFX accounts.
• Each trader will have the opportunity to participate in the promo with only one account. If the participant loses all the deposit during the promotional period, they can open a new account and make a deposit to compete again.
• To be able to receive the prizes, all participants must: satisfy all the verification procedures carried out by the broker (identity, country of origin, origin of funds, etc.), provide a detailed report of their trading account, confirm their email within 7 calendar days (otherwise the winner will be automatically replaced).
• The announcement of the winners will be made by the broker within 7 days of the completion of the Contest.
• All traders who are proclaimed winners must agree to participate in certain promotional events that the broker can advertise without restrictions on various sites.
• All participants must create a nickname that will be used exclusively for the promo.
• All accounts offered by the broker are compatible with the offer, with the exception of PAMM-MAM accounts and accounts dedicated to copy trading.

Participate in the Grand Trading Slam

Available Accounts

As just mentioned, the entire range of accounts offered by the broker is compatible with the promotional initiative. The list of available accounts has been carefully created to meet the needs of any category of trader. Beginners, professionals, and traders with specific trading needs will have the opportunity to select the account compatible with their modus operandi and trade to the best of their abilities.

Moreover, if “undecided” traders wish to test the offered environment without having to commit funds, they can opt for a demo version of the selected account and trade at zero risk using virtual funds.

The offered accounts are seven and are cataloged into two subcategories: STP and ECN accounts.

STP Accounts.

Type of account that allows clients direct access to the markets without any intermediary intervention. Rapid order execution speed, competitive prices guaranteed by excellent liquidity providers, and maximum security. Among the STP accounts, we can distinguish: Standard, Premium, VIP, and Live Zero Fixed Spread.

ECN Accounts.

Accounts suitable for professional trading, ECNs leverage a sophisticated electronic system that electronically crosses all buy and sell orders with the goal of executing them. This allows the trader to access raw prices (not manipulated), to execute operations almost instantaneously, and to have direct contact with liquidity providers. The available ECN accounts are: No Commission, Zero Spread, and Absolute Zero.

Open an account with IronFX

STP Accounts

In addition to offering competitive trading conditions with contained risks (with spreads starting from 0 pip and no commissions), the STP type accounts feature flexible characteristics, carefully selected to ensure each trader a compatible environment to their needs.

STP Standard Account

An account that offers clients a classic approach to trading, the standard account features suitable for both beginner and experienced traders. Clients of any level of experience or trading need will have the opportunity to trade to the best of their ability, taking advantage of both fixed and variable spreads (which change based on the selected instrument) and zero commissions.

Open an STP Standard Account

STP Premium Account

An account created exclusively for more professional trading, the Premium is the right option for experts in the field. Zero commissions, a leverage up to 1:1000, and lower spreads than the standard account, are trading conditions favorable for creating detailed strategies.

Open an STP Premium Account

STP VIP Account

Traders with particular needs and a high risk propensity will find everything needed to create effective strategies in the VIP account. Latest generation tools and services, zero commissions, and reduced spreads to a minimum are just some of the features suitable for clients like day traders, intending to maximize profits in the shortest possible time.

Open a VIP Account

STP Live Zero Fixed Spread Account

Type of account created for traders with high investment volumes, the Live Zero Fixed Spread allows access to an environment with zero spread and sustained trading commissions, ideal for considerable investments and from adequate risk management.

Open an STP Live Zero Fixed Spread Account

ECN Accounts

Account for typically professional trading, ECNs offer clients cutting-edge tools and services in a highly performing environment. Low variable spreads, commissions starting from zero, and a max leverage of 1:500.

ECN No Commission Account

Ideal solution for excellent portfolio management, the ECN no commission account offers trading with contained risks and expenses. A valid option also for not particularly experienced traders, who intend to test their strategies without having to face excessive expenses.

Open an ECN No Commission Account

ECN Zero Spread Account

Account featuring trading conditions practically opposite to the ECN no commission account, the ECN Zero Spread is consequently a type of account chosen by professional traders who prefer a style with “fixed” costs focusing trading costs in the commissions.

Open an ECN Zero Spread Account

ECN Absolute Zero Account

The ECN Absolute Zero Account offers traders with very high investment volumes everything necessary to best face the markets. The account allows clients a risk management that borders on perfection, with spreads starting from zero and no commissions to bear.

Open an ECN Absolute Zero Account

Comparing Accounts

Consulting the next table, it will be possible to compare the characteristics of each offered account and decide which among them is most compatible with one’s style. It is important to note that trading conditions and some account features may differ based on the trader’s country of residence. To receive more information, the interested trader can contact the support team or visit the official website.

Open an account with IronFX

Open an IronFx Account

The procedure that allows an interested trader to open a new account with the broker is extremely easy, quick, and secure. In a short time, the potential client can provide the necessary information for registration, verify their account, and deposit the funds needed for investments.

To open an account, just follow these very simple steps:

First Step

To begin, the trader must access the official website and click on the “Register” icon, visible at the top right of the screen. On the new page, they must fill out the first form and enter: first and last name, valid email, country of residence, mobile number, type of account, leverage, base currency, and create a password. Read carefully and accept terms and conditions, click on “Submit”.

Second Step

In this step, the trader will need to provide more detailed information: personal data (date of birth, nationality, gender, address, city, and postal code), details on occupation (employment, source of funds, deposit expected to trade), financial details (annual income, net worth), answer questions that may allow the trader to assess the customer’s level of experience.

Third Step

To successfully activate the account, the new customer will need to undergo a verification process to prove their real identity and country of origin. To proceed, they must upload a clear, color front and back photo of an identification document (identity card, driver’s license, or passport) and a recent utility bill (such as electricity or gas) in their name.

Last Step

Once suitable, the trader can deposit funds and begin investing.