The safety dossier

Home / Reviews / IronFX / Deposits and withdrawals

Getting your money out of IronFX

If a broker ever fails, the questions are how your money was held and how fast it could come back. This is how IronFX handles withdrawals today.

Regulation: BVI FSC (SIBA/L/24/1175); ASIC (AFSL 417482); FSCA South Africa (FSP 45276). How IronFX is regulated

Facts last checked . Read the full IronFX review.

Deposits and withdrawals

Deposit methods
Credit/debit cards, bank wire, e-wallets and regional payment methods
Withdrawal methods
Original funding method for deposited capital; bank wire for profits
Deposit time
Up to 24 hours for most methods; bank wire up to 3 working days
Withdrawal time
Typically processed within 24 hours; bank settlement may take several business days
Minimum withdrawal
$10
Local payment methods
Country-specific online banking and regional payment providers

What this means

Withdrawals are stated at Typically processed within 24 hours; bank settlement may take several business days, against Up to 24 hours for most methods; bank wire up to 3 working days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: original funding method for deposited capital; bank wire for profits. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $10 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Questions about IronFX deposits and withdrawals

How do you withdraw from IronFX?

Withdrawals from IronFX are made by original funding method for deposited capital; bank wire for profits. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.

How long does a IronFX withdrawal take?

IronFX records withdrawal times of typically processed within 24 hours; bank settlement may take several business days. The broker's processing time and the bank's or card issuer's time are separate, and the published figure is usually the broker's.

Is there a minimum withdrawal at IronFX?

The minimum withdrawal at IronFX is $10.

Deposits and withdrawals at brokers under the same regulator

More about IronFX