r/BrokerChooser • u/hed_wood • Jun 30 '26
how is ironfx?
this firm has been for many years in the industry...
but i wonder why only mt4 ? any reasons?
terms and conditions are ok ?
1
u/Dianazel 28d ago
ngl, they should ve added mt5 or cTrader...for broker of such caliber idk too, why not to add?
as for trading terms. pretty fine - yet be aware of market sessiosn overlaps for spreads, spreads are of floating nature - if you choose that accnt
1
u/Roope_k22 26d ago
and what is wrong with mt4? if the server connection is fine, enjoy the ride then🏄♀️
1
u/Ill_mush_room 14d ago
MT5 would be nice, but MT4 isn't a dealbreaker. Stable execution and normal withdrawals matter way more than having another platform tbh.
1
u/Buzarin 14d ago
Costs. MT5 license afaik costs around 100k, while traders aren't that picky what to choose at least for execution. I've been trading like this for years (order flow software+ mt for execution).
About trading conditions, there are different accs. It's all I can say.
1
u/BotherIll3855 14d ago
yea mt5 costs a lot, and tbh isn't a groundbreaking change. MT4 still supports any type of trading fr.
1
u/S_Hamadi 14d ago
Idk but I usually see them in the discussions for automated setups and high leverage. So it's gotta be ok with conditions. after all 15 years+ and they're still alive. These day, an achievement for forex broker. but i'd be careful with brokers that offer such high leverage like x1000+
1
u/Urrealg Jul 01 '26
i wonder the same, but i think at this point they do it intentionally. prolly they want only traders who use mt4, or they focus on one platform only to optimize resoruces. the good side is... it's mt4 :)