What is IronFX Social Trading?
IronFX is a global online trading company with retail and institutional customers in over 180 countries in Europe, the Middle East, Asia, Latin America and Africa, as well as 60 offices worldwide. Their range of trading platforms allow you to trade over 200 instruments in forex, spot metals and CFDs on US and UK stocks and commodities. They also offer their customers access to daily market news feeds and insightful research to allow them to make informed trading decisions. Visit IronFX website here.
In 2014 IronFX also started offering social trading to their client base. Currently IronFX actually offers two different social trading platforms and solutions:
IronFX – Sirix Social WebTrader
Sirix is a new cutting-edge trading platform that allows you instant access to global financial markets and a network of top traders. Sirix Social WebTrader enables you to execute Forex and CFD trades seamlessly from any device (web, mobile or tablet). With its HTML5 interface it allows you access from any computer without the need to download any specific software. Sirix also has easy downloadable mobile apps for Android and Apple. The Sirix system is aligned with IronFX’s trading platforms (including MT4) and trades are automatically informed crossways all platforms.
The social trading feature allows IronFX clients access to the live trades of others within the trading community. It enables you to follow and copy the successful trading strategies of others in real time. The “Social Stream” contains the last 100 live trades placed by other traders as well as pending orders. It also includes updates placed by other members of the trading community.
In addition, the IronFX Sirix platform also provides additional information on the market trends and currency pairs. There’re also live charts and tools available to aid with your own analysis.
IroxFX – myfxbook AutoTrade
Myfxbook is another social copy trading platform that was designed to assist less experienced traders with their trading decisions by connecting them to a trading community. The platform also allows traders to automatically copy or mirror trades from other traders (who get paid up to half a pip per lot copied). IronFX is one of a number of brokers who work with Myfxbook. Existing live IronFX clients can get direct access to Myfxbook AutoTrade. There’s no access for IronFX demo users.
IronFX Global is an official partner of FC Barcelona and complies with international regulatory standards, and is authorized and regulated by FCA, ASIC, FSP, CRFIN, CySEC, is a member of Eurex and is also an EU regulated and MiFID compliant firm.