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IronFX: two account matrices, midnight spread rules and an MT4-centred service

A deeper international reference separating IronFX’s overlapping account families, session-specific fixed/zero-spread exceptions, leverage and stop-out rules, MT4 routes, swap-free windows, funding evidence limits, support and the current BVI company boundary.

By FXBrokers editorial deskOperating status: ActiveSources checked Published Updated
Profile scope

The cited international website states that services are provided by Notesco (BVI) Limited. Account conditions, commission and eligibility depend on the selected route and residence.

  • IronFX publishes two overlapping account families; repeated Standard and VIP labels do not describe one unified tariff.
  • Fixed and Zero Fixed pricing has a documented 23:00–02:00 GMT+2 exception, while swap-free treatment expires after instrument-specific periods.
  • Raw and Zero routes require the applicable commission schedule before a minimum spread can be treated as an all-in cost.
  • The public funding FAQ defers method details to the client portal; no universal withdrawal fee or timetable is inferred from silence.

IronFX’s international site presents two overlapping account matrices rather than one simple progression. One compares Standard Floating, Standard Fixed, Raw ECN and ECN VIP; another lists Standard, Premium, VIP and Live Zero Fixed. The repeated names need their complete row, because pricing, leverage, stop-out and product scope differ.[1]

The current website identifies Notesco (BVI) Limited as the service company and NBV Management LTD as a payment facilitator. Those roles frame this profile: a brand, brokerage company and payment facilitator are not interchangeable legal relationships.[2][7][8]

Accounts & headline costs

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Broker essentials01

Broker essentials

Broker essentials
MeasureValueContext
Current website service companyNotesco (BVI) LimitedIronFX identifies the BVI company and investment-business licence SIBA/L/24/1175.Source 2Source 7
Primary trading platformMetaTrader 4Windows, macOS, iOS, Android and WebTrader routes are published.Source 3
Advertised platform universe500+ instruments and 80+ currency pairsCompany-published MT4 figures; the account table supplies the product set for each route.Source 3
Support24/5 live chat and messagesThe support page also points clients to the Help Hub.Source 7
Payment facilitatorNBV Management LTD, CyprusThe footer says it facilitates payment services to Notesco (BVI) Limited.Source 2Source 7
Account comparison02

Floating, fixed and ECN routes

Floating, fixed and ECN routes
AccountPublished cost structureLeverage / stop-outProduct scope
Standard FloatingAverage FX spread 1.2 pips; no commissionUp to 1:2000 / 20%Forex, metals, indices, commodities, futures and sharesSource 1
Standard FixedAverage FX spread 1.2 pips; no commissionUp to 1:2000 / 20%Same broad product set; fixed spreads change at midnight sessionSource 1
Raw ECNAverage FX spread 0 pips; commission appliesUp to 1:1000 / 50%Broad account table includes futures and shares; separate page sections should be confirmedSource 1
ECN VIPAverage FX spread 0.3 pips; no commissionUp to 1:200 / 50%Forex, metals, indices and commoditiesSource 1
Account comparison03

Separate Live account family

Separate Live account family
AccountPublished spreadCommissionOther conditions
StandardFloating from 1.6 / fixed to 1.9NoneUp to 1:1000; 20% stop-outSource 1
PremiumFloating from 1.4 / fixed to 1.7NoneUp to 1:1000; 20% stop-outSource 1
VIPFloating from 1.2 / fixed to 1.5NoneUSD base currency; up to 1:1000Source 1
Live Zero FixedFixed to 0 on stated routeCommission appliesMajors widen to 3 pips during the midnight session; 50% stop-outSource 1

A customer cannot safely compare “Standard” across the two matrices by name alone. The floating/fixed table publishes average spreads and route-level leverage, while the Live table uses different starting spreads and its own Zero Fixed condition. The applicable application screen and agreement determine which schedule is being opened.[1][8]

View full spreads & trading costs

Products & platforms

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Platforms & products04

Published MT4 access routes

Published MT4 access routes
RouteCapabilitiesScope
MT4 DesktopCharts, indicators, one-click trading and Expert AdvisorsWindows and macOS downloads; account credentials supplied after openingSource 3
MT4 WebTraderBrowser-based trading without local installationUses the same account relationship; browser access is not a separate account typeSource 4
MT4 MobileiOS and Android account accessMobile charting and order managementSource 3
MT4 MultiTerminalManage multiple MT4 accountsSpecialised desktop route for multiple accountsSource 4
PMAMMoney-manager allocation across multiple MT4 accountsDesigned for professional managers; suitability and authorisation remain separateSource 5
Platforms & products05

Product access by published route

Product access by published route
Product groupFloating/fixed routesECN/VIP boundary
Forex and metalsAvailableAvailableSource 1
Indices and commoditiesAvailableAvailableSource 1
Futures and sharesListed on Standard Floating and FixedRaw ECN table includes them; ECN VIP does notSource 1
MT4 instrument count500+ instruments; 80+ currency pairsCompany platform statement, not an account-by-account inventorySource 3
Platforms & products06

Multi-account and automation routes

Multi-account and automation routes
RoutePublished purposeOperational boundary
MT4 Expert AdvisorsAlgorithmic strategies through the MT4 environmentAn EA is a platform function; uninterrupted running depends on the client’s terminal or hosting arrangement.Source 3
MT4 MultiTerminalMonitor and operate multiple MT4 accountsIt is an account-management interface, not a separate execution company or tariff.Source 4
PMAMAllocate and manage activity across multiple MT4 accountsDesigned for money managers; client authority, allocation settings and account eligibility remain separate.Source 5
WebTrader and mobileBrowser and mobile order/position accessDevice access does not make every desktop automation function available on the device.Source 3Source 4

Fees & holding costs

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Session timing is part of the advertised price. Standard Fixed switches to floating pricing between 23:00 and 02:00 GMT+2, while Live Zero Fixed shows a 3-pip major-pair spread during that same window. A fixed or zero label therefore cannot be read without the time exception.[1]

Pricing & charges07

Published account conditions that alter the headline

Published account conditions that alter the headline
ConditionPublished ruleWhy it matters
Fixed-spread midnight windowFixed accounts switch to floating between 23:00 and 02:00 GMT+2The account label does not guarantee a fixed spread at every hour.Source 1
Zero Fixed majors3-pip spread during the midnight sessionA zero-spread headline has a documented time exception.Source 1
Swap-free major pairs30 calendar daysAfter the stated period, the account’s longer-hold treatment needs the applicable terms.Source 1
Swap-free other instruments10 calendar days, with listed exclusionsEligibility is instrument-specific rather than a permanent account-wide exemption.Source 1
Non-USD base commissionCan be amended to preserve parity with the USD benchmarkThe final commission can differ by base currency.Source 1
Pricing & charges08

Cost layers to establish before comparing accounts

Cost layers to establish before comparing accounts
LayerWhat the public material establishesWhat still needs the applicable schedule
SpreadAverage or starting spread fields for the named account and a documented midnight exceptionLive symbol spread and whether the figure is fixed, floating, minimum or average.Source 1
CommissionRaw ECN and Live Zero Fixed state that commission appliesCash amount, charging side, instrument basis and account currency.Source 1
Swap-free treatmentThirty days for listed major pairs and ten days for other listed instruments, subject to exclusionsCharge or treatment after the published free period and instrument eligibility.Source 1
Base-currency adjustmentNon-USD commission can be amended to preserve parity with the USD benchmarkThe rate used for the selected account currency.Source 1
Other holding costsThe account page does not provide one universal all-in overnight scheduleCurrent symbol specification and accepted agreement.Source 1Source 8

Because the public comparison omits the cash commission for the commission-bearing routes, a numerical Standard-versus-Raw all-in example would require an invented input. This profile therefore keeps the spread and commission components separate.[1]

Execution & trading rules

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Reference table09

Published leverage and liquidation thresholds

Published leverage and liquidation thresholds
RouteMaximum leverage shownStop-out shownInterpretation
Standard Floating / Standard FixedUp to 1:200020%Maximum shown on the international table; residence and account approval can impose a lower level.Source 1
Raw ECNUp to 1:100050%Raw pricing and the higher stop-out threshold are separate parts of the route.Source 1
ECN VIPUp to 1:20050%Lower maximum leverage than Raw ECN in the same comparison.Source 1
Live Standard / Premium / VIPUp to 1:100020%The separate Live family uses its own pricing fields.Source 1
Live Zero FixedAccount table route50%Commission and midnight spread exception must be read with the liquidation threshold.Source 1

Leverage is an upper limit published for a route, not a promise that every client or instrument receives it. The selected legal company, client category, account balance and symbol specification can produce a lower effective level.[1][2]

Deposits, withdrawals & transfers

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Account comparison10

Funding and account administration

Funding and account administration
OperationPublic informationWhat remains account-specific
Funding methodsComplete list shown in the client portalThe public FAQ does not establish a permanent universal method list.Source 6
Funding authorisationDescribed as automated through one portalProvider, verification and regional conditions still apply.Source 6
Customer assistance24/5 live chat and message routeFunding disputes and account details require authenticated support.Source 7
Legal termsTrading conditions, AML, privacy and complaints documentsThe applicable client agreement controls over a marketing account table.Source 8

The public funding FAQ says the complete method list is displayed in the client portal. In the inspected public evidence it does not establish a universal withdrawal minimum, fee, processing period, return-to-source sequence or transfer-out tariff. Those terms should be taken from the portal and accepted agreement rather than inferred from another IronFX entity or an older document.[6][8]

Protection & regulation

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Entities & regulation11

Current legal and territorial scope

Current legal and territorial scope
Legal entity / pointPublished referenceMeaning
Notesco (BVI) LimitedBVI FSC investment-business licence SIBA/L/24/1175Current website operator and IronFX trade-name company.Source 2Source 7Source 8
NBV Management LTDCyprus payment facilitatorFacilitates payment services; not presented as the brokerage company.Source 2Source 7
Excluded distributionAustralia and India named in the site footerWebsite information and service are not intended for those residents.Source 2
Further excluded residencesUnited States, Cuba, Sudan, Syria and North KoreaNamed by IronFX as unavailable jurisdictions.Source 6
Protections & eligibility12

Protection and entity boundaries

Protection and entity boundaries
QuestionSupported positionBoundary
Who supplies the displayed service?Notesco (BVI) Limited is named by the current international site.The payment facilitator is not presented as the broker.Source 2Source 7
What licence evidence is present?IronFX publishes BVI investment-business licence SIBA/L/24/1175.The retained source corpus does not contain a separately matched live BVI register record.Source 2Source 8
Is a compensation limit established?No universal compensation-scheme limit is established in the cited public pages.A group affiliate’s scheme must not be transferred to this account.Source 2Source 8
Are losses prevented?No. Margin close-out and any account protection are distinct from market-loss insurance.Spreads, gaps and liquidation can still produce losses.Source 1Source 8

Opening an account & support

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Published IronFX routes

Customer contact and live chatWebsite
https://www.ironfx.com/en/ironfx/contact-us/Source 7

Scope International contact page, Help Hub and 24/5 live-chat/message routes.

Funding-method guidanceWebsite
https://www.ironfx.com/en/ironfx/faq/what-are-the-different-payment-methods-i-can-use-to-fund-my-account/Source 6

Scope Public funding FAQ; complete current methods are shown after portal access.

Legal documentsWebsite
https://www.ironfx.com/en/ironfx/legal-documents/Source 8

Scope Current agreements, policies and complaint-related documents for the applicable service.

No call, live-chat response or complaint submission was tested.

The legal-documents gateway, rather than the account comparison alone, governs a complaint, closure or payment dispute. The inspected profile evidence establishes where the documents are published but does not extract a universal complaint-response clock for every account route.[8][7]

Additional services

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Platforms & products13

Specialist account-management services

Specialist account-management services
ServicePublished functionReader boundary
PMAMAllocation and management across multiple MT4 accountsThe manager’s authority and the client’s risk remain separate from platform capability.Source 5
MultiTerminalOperate multiple MT4 accounts from one desktop interfaceNot a substitute for an authorised discretionary-management agreement.Source 4
Expert AdvisorsAutomated strategies in MT4Code behaviour, hosting and strategy risk are not verified by this profile.Source 3
Mobile / WebTraderMonitor and trade through supported devicesThe service does not turn browser or mobile access into a different legal account.Source 3Source 4

Company background & evidence

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The facts14

Company and evidence context

Company and evidence context
MeasureValueContext
Brand and service companyIronFX / Notesco (BVI) LimitedCurrent international footer and support disclosure.Source 2Source 7
Payment facilitatorNBV Management LTD, CyprusFacilitates payments to the BVI service company; not presented as the trading counterparty.Source 2Source 7
Platform architectureMT4-centredDesktop, web, mobile, MultiTerminal and PMAM routes are published.Source 3Source 4Source 5
Evidence limitCurrent website and account scheduleNo funded-account, execution, withdrawal or support-response test was performed.Source 2Source 1
Headquarters
Current website company registered in the British Virgin Islands; payment facilitator in Cyprus
Founded
IronFX brand history predates the current Notesco (BVI) service route
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Notesco (BVI) Limited

British Virgin IslandsSource 2Source 7Source 8

No separate licence entry is recorded in this panel.

NBV Management LTD

CyprusSource 2Source 7

No separate licence entry is recorded in this panel.

Additional Information

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Reference table15

Checks before selecting an IronFX route

Checks before selecting an IronFX route
CheckWhy it changes the account
Exact account matrixRepeated names across two published families carry different spread, leverage and stop-out fields.Source 1
Trading hourFixed and Zero Fixed pricing changes during the documented midnight window.Source 1
Commission scheduleRaw and Zero routes are not priced completely by the spread field alone.Source 1
Swap-free periodThe free period is time- and instrument-limited rather than permanent.Source 1
Contracting company and residenceThe current BVI route and stated exclusions determine availability and protection.Source 2Source 8
Portal funding termsPublic pages do not establish every cash-access fee, hold or processing time.Source 6
Follow the evidence

Sources & further reading

  1. IronFX account type comparison IronFX · Accessed 9 Oct 2026
  2. IronFX service and company disclosure IronFX · Accessed 9 Oct 2026
  3. MetaTrader 4 platform IronFX · Accessed 9 Oct 2026
  4. IronFX platform overview IronFX · Accessed 9 Oct 2026
  5. Personal Multi Account Manager platform IronFX · Accessed 9 Oct 2026
  6. Account funding: payment options IronFX · Accessed 9 Oct 2026
  7. IronFX support routes IronFX · Accessed 9 Oct 2026
  8. IronFX legal documents IronFX · Accessed 9 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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