IronFX Review 2026
Full IronFX review for Australia traders — regulation, spreads, fees and our honest verdict.
Regulation in Australia
| Regulator | ASIC ASIC — Australian Securities and Investments Commission (ASIC) |
| Licence Number | 417482 |
| Regulated Entity | Notesco Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 1.6 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD30/month after 3 months |
Verdict
Regulated by ASIC (licence 417482). Minimum deposit $100. In Australia: maximum forex leverage 1:30.
About IronFX
IronFX was founded in 2010 and is headquartered in Limassol, Cyprus. The broker offers 300 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Notesco Pty Ltd under ASIC.
In Australia, IronFX operates as Notesco Pty Ltd, authorised by ASIC under licence number 417482. Australia traders are subject to a maximum leverage of 1:30 on forex pairs under ASIC rules.
Trading Platforms
Pros
- ASIC regulated — licence 417482
- 300+ instruments to trade
- Negative balance protection in Australia
- Platforms: MT4, MT5
Cons
- Inactivity fee: USD30/month after 3 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is IronFX regulated?
IronFX holds ASIC licence 417482, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official ASIC public register.
What is the minimum deposit for IronFX in Australia?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Australia under ASIC regulation.
What leverage does IronFX offer in Australia?
In Australia, IronFX offers maximum forex leverage of 1:30 under ASIC rules. Higher leverage may be available through offshore-regulated entities.
Is IronFX safe to trade with?
IronFX is regulated by ASIC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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