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IronFX fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
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.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 1.2 pips, Standard Floating
- GBP/USD spread
- Approx. 1.2 pips, Standard Floating
- Commission
- Approx. $9 per side / $18 round turn, Raw ECN
- All-in cost, EUR/USD
- Approx. 1.8 pips, Raw ECN
- Spread type
- Fixed and variable, account-dependent
- Overnight swap
- Both: overnight swaps may be charged or credited; swap-free accounts available
- Inactivity fee
- $50 annually after 1 year inactivity
- Deposit fee
- None internally
- Withdrawal fee
- Generally none internally; bank/payment charges may apply
- Currency conversion
- Conversion at applicable exchange rate
What this means
Cost is the last thing to weigh here, and never the thing that should decide it.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
IronFX lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about IronFX fees
Does IronFX charge to deposit or withdraw?
Deposit fees at IronFX: None internally. Withdrawal fees: Generally none internally; bank/payment charges may apply.
Does IronFX charge an inactivity fee?
IronFX's inactivity fee is recorded as $50 annually after 1 year inactivity.
What does IronFX charge to hold a position overnight?
Overnight financing at IronFX is recorded as both: overnight swaps may be charged or credited; swap-free accounts available.
Fees at brokers under the same regulator
- AvaTrade fees also licensed by FSC (BVI)
- easyMarkets fees also licensed by FSC (BVI)
- Exness fees also licensed by FSC (BVI)
- Admirals fees also licensed by ASIC
- Plus500 fees also licensed by ASIC