Ironvfx.com is an online contract for difference (CFD) trading website established in September 2024, branded as "IronFX." The site offers investors CFD trading services for assets such as foreign exchange, precious metals, crude oil, indices, and cryptocurrencies but does not provide services to regions where it would violate local laws and regulations.
Overview of Platform Services
Trading Accounts
Ironvfx.com offers users trading accounts with spreads starting from 1 pip and supports leverage up to 1:400. However, the platform does not provide details on the minimum deposit requirements, margin call, and stop-out levels, nor does it specify any trading commission fees.
Trading Platform
Ironvfx.com allows users to trade via the ST5 trading platform, which supports both desktop and mobile devices. The ST5 platform features advanced charting tools, over 50 built-in technical indicators, and provides intraday analysis tools.
However, when clicking the mobile app download links on the official website, the apps found in the App Store and Google Play Store are RCICAI and RTHYUTG, which do not match the broker's advertised ST5 platform.
Trading Product Information
Forex
The platform provides trading in a variety of forex currency pairs, including common pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
Precious Metals
Users can engage in spot trading of precious metals like gold (XAUUSD) and silver (XAGUSD) on the platform.
Crude Oil
The platform supports CFDs on US crude oil (UsOIL).
Indices
The platform covers trading of several major global indices, including the Nikkei 225 (N225), the German DAX (GER30), and the S&P 500 (US500).
Cryptocurrencies
The platform also offers trading of cryptocurrency pairs, covering major cryptocurrencies such as Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Deposit and Withdrawal Methods
Ironvfx.com does not disclose deposit and withdrawal methods supported on its website, nor does it mention whether additional fees are incurred during financial transactions. This lack of transparency could inconvenience users.
Contact Information and Social Media
The platform does not provide official communication channels on major social media platforms such as Facebook, Instagram, and Twitter. Users can only contact the platform through the online contact form or email provided on the official website.
Company Background and Regulatory Information
Company Background
According to the information provided by Ironvfx.com, IronFX is headquartered at 1430 Stout St, Denver, Colorado, United States. However, the website does not provide any detailed information regarding company registration or mention whether it is regulated by any financial regulatory body.
Regulatory Information
Upon investigation, it was found that the "IronFX" brand name and logo used by Ironvfx.com closely resemble those of a well-known broker "IronFX," which is a registered trademark of Notesco Limited.
Conclusion
Ironvfx.com is a newly established CFD trading platform in 2024, but it currently does not provide any proof of legitimacy regarding company registration or regulatory information. In addition, the brand name and logo used by the platform are highly similar to those of the well-known broker "IronFX," raising concerns about possible imitation and deception of investors.
Risk Warning: CFD trading is a high-risk investment type, and market volatility may lead to the loss of the principal, while leverage amplifies risk and potential returns. Investors are advised to fully understand market volatility and the mechanism of CFDs, assess their risk tolerance, and only proceed with sufficient experience to avoid blind investment.
