IronFX: Explaining the types, characteristics, spread comparison, and differences of IronFX account types

IronFX

IronFX has various account types, including accounts with deposit bonuses upon opening and accounts with narrow spreads. There are a total of 8 account types, allowing users to perform a variety of trades depending on their needs. Therefore, we will introduce each account type and compare the spreads.

Main account type

IronFX has 8 account types. There are three types each for Live account and STP/ECN. A live account is equivalent to a standard account, so it is recommended if you are unsure which account to choose. The STP/ECN account is an account type for professionals, and is characterized by very narrow spreads and very high execution power. Cent accounts are for small trades.

Live
Fluctuation
Live
Fixed
Live
Zero
STP/ECN
no commission
STP/ECN
Zero
STP/ECN
Absolute Zero
Cent
Trade StyleDDDDDDSTP/ECNSTP/ECNSTP/ECNDD
Max Leverage1,0001,0005005005005001,000
Trade InstrumentForex
Metal
Energy
Commodity
Indice
Forex
Metal
Energy
Commodity
Indice
Crypto
Forex
Metal
Energy
Indice
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Indice
Crypto
Forex
Metal
Energy
Commodity
Indice
CommissionFreeFree6.75$Free6.75$FreeFree
Spread0.8pips~2.2pips~0.0pips~1.7pips~0.0pips~0.3pips~1.7pips~
Lots100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency100,000 currency
Minimum trading quantity0.010.010.010.010.010.010.01
Maximum trading quantityNo limitsNo limitsNo limits606060No limits
Max PositionNo limitsNo limitsNo limitsNo limitsNo limitsNo limitsNo limits
Stop Level3.5pips3.5pips5.0pips2.5pips2.5pips2.5pips3.5pips
Scalping
Auto Trade
Hedge
Margin Call40%40%40%100%100%100%40%
Loss Cut20%20%20%80%80%80%20%
Zero Cut
Trade ToolMT4MT4MT4MT4MT4MT4MT4
Base CurrencyJPY
USD
EUR
GBP
AUD
CHF
CZK
PLN
IRONX
BTC
ETH
ADA
PMA
JPY
USD
EUR
GBP
IRONX
BTC
ADA
USD
EUR
JPY
USD
EUR
BTC
JPY
USD
EUR
IRONX
JPY
USD
EUR
JPY
USD
Min Deposit100$100$500$500$500$500$100$
Campaign×××××

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.

Max Leverage500
success fee40%
Bonus×

Features of 8 account types

We will explain the characteristics and differences of each account type in order as information. As shown in the list above, there are two types, each with completely different characteristics, and the minimum amount required to make a profit will also vary, so be careful when choosing. When making a selection, check the currency pairs, presence or absence of campaigns, risks, etc., and choose a good account with benefits. You can add additional accounts. The official website also introduces the advantages and disadvantages.

live floating account

A live floating account can trade with up to 1,000x leverage and comes with a deposit bonus, so it is equivalent to a standard account at other FX brokers. Live floating accounts are subject to bonuses, so the spread is set wider. Also, when it comes to economic indicators, the spreads tend to be quite wide.

live fixed account

Live fixed accounts have fixed spreads. Other than this, the conditions are exactly the same as the live floating account. The live floating account uses a “floating spread system”. Just this difference. This account type also gives bonuses. Therefore, the biggest feature is that you can always trade with a fixed spread. Suitable for scalping trading.

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 spreads. The maximum leverage is also 500x, which is suppressed.

STP/ECN Absolute Zero Account

Absolute Zero accounts cannot trade stocks and futures. The margin call is set at 100% and the loss cut level is set at 80%, making it unsuitable for high leverage trading. If it is a high lever trade, it will be a live account.

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.

Live
Fluctuation
Live
Fixed
Live
Zero Spread
STP/ECN
No Comission
STP/ECN
Zero
STP/ECN
Absolute Zero
Forex848477597777
Metal666566
Energy333333
Commodity99
Stocks115113
Indice191717171717
Crypto111199

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.

Live
Fluctuation
STP/ECN
Absolute Zero
USD/JPY2.0pips0.3pips
EUR/JPY2.2pips0.3pips
GBP/JPY4.1pips0.5pips
AUD/JPY3.9pips1.1pips
NZD/JPY3.5pips1.2pips
EUD/USD2.1pips0.3pips

Forex

ForexPairLive AccountAbsolute Zero Account
AUDCAD4.8pips1.1pips
AUDCHF4.9pips1.8pips
AUDJPY3.6pips1.8pips
AUDNZD5.8pips1.8pips
AUDUSD2.2pips1.4pips
CADCHF4.8pips1.8pips
CADJPY3.9pips1.8pips
CHFJPY3pips1.8pips
EURAUD5pips1.9pips
EURCAD5.2pips1.8pips
EURCHF2.2pips1.5pips
EURGBP1.8pips1.4pips
EURJPY2.2pips1.3pips
EURNZD6.5pips1.8pips
EURTRY14pips10pips
EURUSD1.8pips1.3pips
EURZAR140pips10pips
GBPAUD4.8pips1.8pips
GBPCAD4.8pips1.8pips
GBPCHF4.2pips1.5pips
GBPJPY3.9pips1.5pips
GBPNZD9.2pips1.8pips
GBPTRY21pips10pips
GBPUSD1.7pips1.3pips
GBPZAR300pips11pips
NZDCAD4.5pips1.8pips
NZDCHF6pips1.8pips
NZDJPY3pips1.8pips
NZDUSD2.8pips1.4pips
TRYJPY6pips10pips
USDCAD1.9pips1.3pips
USDCHF2.4pips1.3pips
USDCNH17pips10pips
USDJPY1.8pips1.3pips
USDMXN190pips10pips
USDTRY13pips10pips
USDZAR140pips10pips
ZARJPY10pips10pips

Metal

pairLive AccountAbsolute Zero Account
XAUUSD3.8pips2.6pips
XAUEUR5.5pips3.6pips
XAGUSD0.4pips5pips
XAGEUR0.4pips4.5pips
XPDUSD450pips123pips
XPTUSD50pips28pips

株価指数

pairLive AccountAbsolute Zero Account
AUS200Cash22.6pips50.2pips
BRL60Cash137.6pips137.6pips
EU50Cash2.2pips2.4pips
FRA40Cash25pips21pips
GER40Cash45pips45pips
HK50Cash150pips60pips
Italy40Cash1.4pips1.4pips
JPY225Cash1.4pips0.7pips
NETH25Cash14pips14pips
PORT20Cash250pips250pips
Spain35Cash55.4pips54.3pips
SWE30Cash45pips
Swiss20Cash38.9pips39.3pips
UK100Cash15pips17.2pips
UK250Cash469pips
US100Cash26.6pips24.5pips
US30Cash0.6pips0.4pips
US500Cash9.8pips14.5pips
Volatility5.4pips

Energy

PairLive AccountAbsolute Zero Account
BRENTCash0.5pips0.5pips
WTICash0.6pips0.6pips
NAT.GASCash2.7pips2.1pips

Commodity

PairLive Account
Cocoa8pips
Coffee8.5pips
Cone6pips
Copper2.7pips
Cotton5pips
Rice5.1pips
Soybeans7.5pips
Sugar2.8pips
Wheat6.1pips

Stocks

PairLive Account
#AA1.4pips
#AIG1.9pips
#AXP1.9pips
#BABA1.4pips
#BIDU2.9pips
#CAT2.7pips
#CVX1pips
#EBAY1pips

Crypto

PairLive AccountAbsolute Zero Account
ADAUSD47pips47pips
BCHUSD188pips188pips
BTCEUR218pips216pips
BTCUSD190pips190pips
DOGEUSD25pips25pips
DOTUSD2.7pips2.7pips
EOSUSD35pips35pips
ETCUSD18pips18pips
ETHBTC4.8pips4.8pips
ETHEUR25pips25pips
ETHGBP60pips60pips
ETHJPY180pips180pips
ETHUSD25pips25pips
ICPUSD5pips5pips
IOSTUSD2.3pips2.3pips
IOTAUSD15pips15pips
LTCUSD16.1pips16.1pips
OMGUSD180pips180pips
SOLUSD7.5pips7.5pips
TRXUSD19.3pips19.7pips
UNIUSD201pips201pips
XLMUSD12pips12pips
XRPUSD4pips4pips

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.

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