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What is IronFX Minimum Deposit? Is it Low or High?

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IronFX isn't available in US
FULL IronFX OVERVIEW

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

According to the latest data as of July 2025, the minimum deposit for IronFX stands at 100 USD, which is considered a low level. This figure is lower than the average minimum deposit of 310 USD found among over 300 brokers analyzed by Traders Union.

Key information about depositing money on IronFX
IronFX
Minimum deposit 100$
Deposit fee 0$
Bank Wire Yes
Visa / Mastercard Yes
PayPal No

Are here any fees or charges for making deposits at IronFX?

No, there are no fees or charges for making deposits at IronFX. However, fees may still be applied by the payment systems used. For example, credit card transactions can incur an average fee of 1-3% from the provider. If the broker does not separately compensate for this amount, you should be prepared for these additional costs.

IronFX deposit and withdrawal fees vs competitors
Deposit fee, % Withdrawal fee, % Withdrawal fee, USD
IronFX 0 0 0
Plus500 0 0 0
Pepperstone 0 0 0

What deposit methods does IronFX support? How long does account funding tipically take?

We have highlighted the popular payment systems and noted those supported by IronFX, along with the typical time required for transaction processing on the system's side.

It's important to note that some brokers only process deposits during business hours, so it is advisable to check the working hours with customer support. The availability of the Instant funding option indicates that deposits are processed automatically.

IronFX Typical Deposit Time
Visa / Mastercard Yes Instant to 2 business days
Bank Wire Yes 1 to 5 business days
Skrill Yes Instant to 1 business day
Neteller Yes Instant to 1 business day
BTC Yes 10 minutes to 1 hour
USDT Yes 5 minutes to 1 hour

What are IronFX base account currencies?

For many traders, having an account in the base currency of their country or the asset they intend to trade is crucial. This helps avoid conversion fees Conversion fees occur when the deposit currency differs from your brokerage account currency and typically include an exchange rate markup and service charges, increasing your overall trading costs. To avoid conversion fees, fund your trading account in the same currency as your bank account. , simplifies accounting, and makes it easier to track performance in a familiar currency. Below, we compare the base account currencies available at IronFX with those offered by its competitors.

IronFX account currency vs competitors
IronFX Plus500 Pepperstone
USD Yes Yes Yes
EUR Yes Yes Yes
GBP Yes Yes Yes
AUD Yes Yes Yes
NGN No No No
ZAR No Yes No
CAD No Yes Yes
NZD No Yes Yes
CHF No Yes Yes
INR No No No
JPY Yes Yes Yes
Gold No No No
BTC Yes No No

How much money do I need to start trading on IronFX?

The minimum amount required to start trading can differ from the advertised minimum deposit on IronFX. Some brokers claim to have no minimum deposit requirement, which means no minimum amount is needed to open an account. However, a certain amount is still necessary for actual trading.

The required trading amount to start trading on IronFX depends on the lot size and available leverage. We recommend not using leverage higher than 1:30, as suggested by most Tier-1 Forex regulators. The minimum amount required to start trading a micro lot with 1:30 leverage on IronFX is approximately $33.

Minimum Trading Amounts for Different Lot Size
Standard Lot Mini Lot Micro Lot
1:1 $100,000 $10,000 $1,000
1:10 $10,000 $1,000 $100
1:30 $3,334 $334 $33
Notes:
  • Standard Lot: A standard lot is 100,000 units of the base currency.
  • Mini Lot: A mini lot is 10,000 units of the base currency.
  • Micro Lot: A micro lot is 1,000 units of the base currency.

Does IronFX offer a low minimum deposit Сent account?

Yes, IronFX offers a Cent account. This means that you can start trading at IronFX with a very low minimum deposit, as little as a few dollars. The account balance and trade sizes are displayed in cents instead of dollars, making it easier for beginners to start trading without committing large amounts of money. This type of IronFX account is ideal for those who want to practice trading strategies with minimal financial risk

All account types of IronFX

Guide for Traders

The broker offers a wide range of trading accounts, including accounts for novice traders in the foreign exchange market and more experienced participants. The differences are in the base currency, spread size, minimum volume of transactions and, a commission for the transaction.

Types of accounts:

Account Type
Description
Standard
The spread starts from 1.8 pips, the leverage is at 1:30. It is possible to trade micro-lots with a volume of 0.01. There is no commission;
Premium
Advanced trading conditions for novice traders. The account is available in USD, EUR, GBP, AUD, JPY, PLN, CZK, and the size of the spread starts from 1.6 pips.
VIP
The account is available only in USD, and the size of the spread starts from 1.4 pips. Other terms and conditions are the same as for Standard and Premium accounts;
Zero Fixed
This account is for more advanced users. Trading with 0.01 lots is also available here, but the level of spreads starts from 0 pips, and you can open a trading account only in USD. The leverage is at 1:30. No commission for transactions is charged;
No commission
Option for experienced traders. You can open an account in USD, EUR, GBP, AUD, JPY, CHF, PLN, CZK. The spread starts from 1.7 pips, the leverage is 1:30. Trading in micro-lots is allowed, there is no commission;
Zero Spread
Professional account. Available for opening in USD, EUR, GBP, AUD, CHF, PLN, CZK and JPY, trading in lots with a volume of 0.01 is allowed. Spread starts from 0,01 pips. A commission for each transaction is charged;
Absolute Zero
Account for professional trading. Opens in USD, EUR, JPY, which makes it possible to trade micro-lots. The spread level starts from 0 pips, and the leverage is at 1:30. There is no commission.

How to deposit money to the IronFX trading account?

Depositing money into your IronFX trading account is simple and quick. Follow these 6 easy steps:

  • Log In to Your Account

    • Go to the IronFX website https://www.ironfx.eu/ or mobile app.
    • Enter your username and password to log in to your trading account.
  • Go to the Deposit Section

    • Navigate to the "Deposit" or "Funding" section in the main menu or account settings.
  • Select a Payment Method

    • Choose your preferred payment method from the options available: BTC, Visa / Mastercard, Skrill, Bank Wire, Neteller, USDT
  • Enter Deposit Details

    • Specify the amount you wish to deposit. Keep in mind that IronFX minimum deposit is 100$
    • Provide the necessary information for the chosen payment method.
  • Confirm the Transaction

    • Review your deposit details for accuracy.
    • Click "Deposit" or "Submit" to confirm the transaction.
  • Check Your Account Balance

    • Once the deposit is processed, verify that the funds are credited to your account balance.

Pro tips for beginning traders

The following expert-backed practical advice can save you time, money, and potential headaches in terms of deposits and account management.

Many forex brokers offer attractive deposit bonuses ranging from 10% to 100% of your initial deposit. These bonuses can provide extra trading power by augmenting capital, potentially boosting gains.

While bonuses and different promotions from IronFX or any broker can be beneficial, especially for new traders looking to increase their trading capital, it's essential to view them as a tool rather than free money. Statistics show that only a small fraction of traders who accept bonuses actually manage to meet all conditions and fully benefit from them.

Key aspects to consider include:

  • Most bonuses require you to trade a certain volume before you can withdraw the bonus or profit from its usage.
  • Bonuses typically have an expiration date. The average timeframe in the industry is 30 to 90 days.
  • Impact on trading strategy - traders with bonuses often are more likely to engage in high-risk trading behaviors.