IronFX: Explanation of IronFX account types, features, spread comparison, and differences in trading methods

IronFX allows you to use leverage in trading and has a variety of account types, including accounts with deposit bonuses when opening and accounts with narrow spreads. There are a total of eight account types, allowing users to trade in a variety of ways depending on their needs. Here we will introduce each account type and compare the spreads.

IronFX: How to open a demo account and the benefits and precautions

IronFX has a demo account. You can download mt4 and use it for funds and trading. Since you do not use real money in a demo account like in a real account, there is no risk. There is no risk, so if you are interested in trading, try it out.

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2024.09.08

Main account type

IronFX has eight account types. There are three types each of Live Account and STP/ECN. Live Account is equivalent to Standard Account, so it is recommended if you are not sure which account to choose. STP/ECN Account is an account type for professionals, and is characterized by very narrow spread and very high contract power. Cent Account is for small amount trade. After completing the application, residents can log in and choose an account offered to enjoy the service. You will be able to enjoy 100% if you access it. The operator offers suitable accounts, details of which are as follows.

IronFX: A comprehensive summary of the latest IronFX account opening and deposit bonus cushion feature campaigns

When you open an account with IronFX, you can receive the latest bonuses and campaigns that are held all the time. IronFX not only offers deposit and sharing bonuses, but also holds limited-time trade contests, making it a very attractive Forex broker for active traders.

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2024.10.07

copy trading account

Copy trading accounts, which have completely different characteristics from the above, have appeared in recent years. This is simply copying the trades of experienced traders. Bonuses are excluded and leverage is limited to 500x. In addition, the performance fee is 40%. A copy trading account is an account type for which similar services are provided by other companies such as bigboss, gemforex, exness, fxgt, xm, axiory, threetrader, and titanfx. Consider transaction costs and other factors when making your selection.

IronFX: What is copy trading? Explanation of the features of Iron FX and how to trade with your account.

IronFX has copy trading and trading, and the article summarizes the trading methods and benefits for traders. Copy trading is one of the account types, but it is clearly different from other account types. Other account types are introduced in the article below, so if you are interested, please take a look.

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2024.09.08

Features of 8 account types

We will explain the differences between the features of each account type in order. As shown in the list above, there are two main types, each with completely different features and the minimum amount required to make a profit, so be careful when choosing. When choosing, check the currency pair, whether there are any campaigns, risks, etc., and choose a good account with benefits. You can add accounts to each account. The advantages and disadvantages are also introduced on the official website. Specifications are a big factor in trading. In order to choose the best account, check the overview on your My Page, such as costs and spreads, before making a decision.

live floating account

The Live Floating Account allows you to trade with up to 1,000x leverage and comes with a deposit bonus, making it the equivalent of a standard account with other FX brokers. The Live Floating Account has a wider spread because it is eligible for bonuses. Also, the spreads tend to be quite wide during economic indicators. Although the spreads on the screen are wide, this is a recommended account because of the bonus. Customers can make plenty of profits. Earn money with futures and CFDs.

live fixed account

The normal spread for a live fixed account is fixed. Other than this, the conditions are exactly the same as for a live floating account. A live floating account uses a “floating spread system.” This is the only difference. This account type also has a bonus. Therefore, the biggest feature is that you can always trade with a fixed spread. It is suitable for holding with scalping trades. You can open an account by clicking from the home page. You can hold and manage an unlimited amount of shares in the market.

cent account

Cent account is an account type for beginners. The difference from a live variable account is that it is not eligible for bonuses. It is not suitable for those who want to do serious trading. It can be said that this account type is very suitable for those who want to try trading on a trial basis. The maximum leverage is 1000x and you can start with a small amount of capital. As a step, we recommend that you first get used to ordering here and then try STP/ECN. Let’s not lose money.

live zero fixed account

Live Zero Fixed Account is an account type characterized by the average spread being fixed at 0. As the name suggests, a zero fixed account has a fixed spread of 0, so it is suitable for scalping trades. Since we have also acquired a basic financial license, we also have a zero cut if your investment balance becomes negative.

STP/ECN no commission account

STP/ECN accounts have narrower spreads than live accounts. Also, leverage is more limited than on a live account, at 500x. The mechanism is such that the STP method and ECN method are switched depending on market liquidity.

STP/ECN zero fixed account

As the name suggests, the STP/ECN Zero Fixed Account has a fixed spread of 0. Therefore, especially for scalping traders, it is possible to trade without worrying about the spread. The maximum leverage is also kept at 500x. However, if you deposit margin, it is easy to manage and you can actually fight according to your situation and wishes.

STP/ECN Absolute Zero Account

Absolute Zero accounts cannot trade stocks or futures. The margin call is set at 100% and the stop loss level at 80%, so it is not suitable for high leverage trading. If you are looking for high leverage trading, you will need a live account. The system is highly in demand, so there is demand for it in Japan as well.

Comparison of number of stocks by account type

The product brands that can be traded depending on the account type vary depending on the category. Basically, all accounts can use currency pairs, stock indexes, precious metals (gold), and energy. Commodities and stocks are available in live accounts, and virtual currencies are available only in some accounts. The platform supports the latest MT4. There is no loss cut until the balance decreases significantly. Automated trading tools (EA), scalping, and double trading are also available.

Average spread comparison

A live floating account is equivalent to a standard account in other brokers. Therefore, there is a bonus, but the spread is wide. On the other hand, the STP/ECN account is a professional account, so the spread is extremely narrow. Therefore, if you are mainly fighting scalping trades or short-term trades, you will only be able to choose an STP/ECN account with a narrow spread, although you will not receive a bonus. If you want a bonus, you should settle for a live account.

Forex

If you are looking to open an account and start trading, FX is the recommended brand. You can receive a bonus when you deposit, and you can take advantage of the narrow spread. Let’s start with the minimum amount. It is a well-known broker, so I highly recommend it.

Metal

If you are starting with us, we also recommend precious metals. You can invest in gold and silver. We also have media coverage and support, so the environment is quite favorable. In general, you should start with the minimum amount of capital to avoid any problems.

Indice

Energy

Commodity

Stocks

Crypto

You can also trade with positions in virtual currencies. Analyze the market price on the page and try your luck right away. Volatility is high at the moment, so trade according to your level. The operating company has a long track record, and investors can check the details of the stocks officially. It has been significantly upgraded and has a wide range of stocks, making it a global exchange.

Open an account for free

IronFX allows you to open an account for free. We will introduce it in the article below, so if you are interested, please open an account. To open a service, you will need an ID such as a passport, driver’s license, or My Number Card, as well as address confirmation documents such as a utility bill or residence card. Once you have registered as a new user, there will be special campaigns held if the timing is right, and you can receive a solid bonus, so it is recommended.

2024 Latest Edition IronFX: How to open a free account, identity verification methods, and points to note

At IronFX, you can trade with leverage and open an account for free. You can get the maximum bonuses, make deposits and withdrawals, and it only takes a few minutes to open an account, so if you're interested, why not give it a go? This article summarizes how to open an account and answers some frequently asked questions, so please refer to it.

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2024.10.07