Iron Max Group Review 2019
Iron Max Group is an online broker, the company has two platforms in its arsenal, the first is the classic version of Metatrader, the second is its own platform for trading through a web browser – Iron Max WEB. The broker offers to work on 1000 instruments, these are Forex, stocks, ETFs, commodities and cryptocurrency (which is traded round the clock). There are several account types available for the trader, you can choose a suitable one based on your goals and experience. Iron Max Group emphasizes on cryptocurrency, therefore, encourages both incoming and outgoing payments in crypto. The broker provides quite competitive terms and conditions to work with at the same time high speed of transaction execution. We appreciated the polite communication from the support team, while at the same time feeling a deep knowledge of the platform and the stock market. It should be noted that it took some time. Before the operator answered us through the chat on the website.
Iron Max Group uses a strategy of non-interference of the dealer in the process of opening a deal, this is called STP model.
Iron Max Group reviews
When placing a transaction with the aggregator Iron Max Group, you can be sure that the best price will be provided, as several liquidity providers are analyzed at once. The broker does not overprice commissions, and spreads are quite narrow. This significantly reduces client costs.
Iron Max Group regulation
Iron Max Group is an offshore broker, located in St. Vincent and the Grenadines, as far as we know, the broker works on self-regulation, that is, has no regulator at the moment, however, it should be noted transparency in all operations in the company, the company is focused on safety in all contexts. The absence of a regulator allows the company to offer powerful tools for the client. Such as the leverage level higher than the previous one, the system of bonuses and discounts.
Iron Max Group platforms
Iron Max Group works on two platforms. The first version was developed by the company and is used for trading from anywhere in the world where there is a computer with Internet access. The second one is MT4 which many traders are already familiar with and which is the most convenient and functional platform for trading. MT audience exceeds several millions of people all over the world. A number of tools are built into the platform.
Iron Max Group reviews
The interface can be customized, and the program is ideal for technical analysis and charting. You can download MT4 either on your PC or as a mobile application on your mobile device.
Important features of MT4:
Real-time quotes through the market overview window;
Customization of the platform view;
Various order types available;
Charts and timeframes;
Technical Indicators for making charts;
Drawing objects for price analysis;
Automatic trading with Expert Advisor (EA) service;
Access to third-party strategies with the ability to leave feedback;
Independent development of scripts, Expert Advisors, and indicators in MQL;
Space for sharing information, signals, and tools;
Setup of notifications about price changes;
On any desktop or mobile device with no functional limitations.
Iron Max Group tools
Iron Max Group offers a good selection of assets of different levels and classes to trade through its own platform or MT4, including FX, crypto, commodities, the whole range of market directions at one broker.
You can pay attention to the fact that Iron Max Group works on CFD assets. That is, on CFDs, which means that you will not actually be the owner of the asset, you have to study the information. Before engaging in speculative trading. offers CFD trading, which means that you can speculate on value fluctuations without actually owning the underlying asset.
Iron Max Group reviews
Iron Max Group accounts and commissions
Iron Max Group has 4 different trading accounts, they differ in the level of commission and spread, also, pay attention to some instruments that can be added depending on the type of account.
If your strategy involves the smallest spreads, pay attention to accounts with the maximum commission size. If you don’t have a spread size dependency, there are accounts with zero commission value for you.
Iron Max Group can offer an account to test the strategy in real conditions, but without financial risks, this is a demo account. The amount of virtual money has no limits, and the leverage is available up to 1:400. Customers have different opinions about this type of account, most of the dissatisfaction is related to limited leverage.
Iron Max Group Support
The trader help group is ready to come to your aid at any time, you need to fill in the form with the contact information on the website. There are other ways to contact support: e-mail and online chat. You may be disappointed with the long waiting time of the operator in the chat room.
Depositing and withdrawing funds to Iron Max Group
Iron Max Group accepts BTC and altcoins in addition to fiat currencies for both deposits and withdrawals. It is enough to deposit your crypto wallet and transfer it to your trading account. The specialists of the company are always glad to help you with this. The minimum deposit is $200 or the equivalent in another currency (including crypto).
To withdraw funds from the account, you need to create a request in your personal cabinet. Processing takes up to two days, usually faster. The status of the transaction is available in the history of transactions.
There are a number of advantages when working with crypto. It is anonymous, there is no need to disclose account number or card number to the service provider, in this regard, the company is positioning itself as a guide to the world of financial security.
Iron Max Group reviews
Some traders are more accustomed to working with Skrill. Unfortunately, Iron Max Group, does not support this method. The reviews often talk about the sparse choice of payment systems at this broker. However, cryptocurrency payments compensate for this shortcoming.
Opening an account with Iron Max Group
Creating a trading account with Iron Max Group will not make any difficulty. It is enough to fill out a small form on the website, then you will need to confirm your email. At the end – a simple process of verification of the identity. Besides the document which confirms the identity of the account holder and payment card you will need a utility bill or any other document which confirms the residence address. After checking the documents, you can start trading.
Results of the review of the broker Iron Max Group
We were disappointed by the small number of options for depositing a trading account, however, the support service is ready to help deposit via cryptocurrency. And the lack of commission discounts was an unpleasant discovery. By and large, the company and its conditions meet the standards of the brokerage business.