Recalculated 2026-11-02 · Established 2010 · Notesco SA (Pty) Ltd — locally licensed
IronFX — South Africa
IronFX is rated 2.94 out of 5 by our formula (Rank #45 of 70) for traders in South Africa: round turn 18 USD, residents accepted — Yes.
Suits you if it takes residents of South Africa · a swap-free account is available · it runs 3 trading platforms
Look elsewhere if the round turn is 18 USD against a 7 USD median here · the minimum is 100 USD against 50 USD in this market
Key facts (8)
- Who actually onboards you
- Notesco SA (Pty) Ltd — locally licensed SA entity.
- Licence number
- 45276
- Established
- 2010group
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5 · WebTrader
- Local funding
- Cards, bank wire, Skrill, Neteller, UnionPay, Bi
- Max leverage
- 500geo
- EURUSD
- 1.8 pipsgroup
Accounts (6)
6 of 6 accounts with a published cost per lot
6 of 6 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| IronFXSTANDARD | — | 1.8advertised | Any | 18round turn, USD | — |
| IronFXPREMIUM | — | 1.4advertised | Any | 14round turn, USD | — |
| IronFXVIP | — | 1.2advertised | Any | 12round turn, USD | — |
| IronFXZero Commission | — | 1.6advertised | Any | 16round turn, USD | — |
| IronFXZero Spread | — | 0advertised | — | 0round turn, USD | — |
| IronFXAbsolute Zero | — | 0.3advertised | — | 3round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| IronFX | South Africa median | |
|---|---|---|
| Round turn, USD | 18.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1 to 10 business daysgroup | 24.0 h |
| EURUSD, standard | 1.8 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2010group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in South Africa
Onshore FSCA-authorised; no active FSCA public warning found (not verified at review). Group also CySEC 125/10.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about IronFX.
- Who actually onboards you
- Notesco SA (Pty) Ltd — locally licensed SA entity.
- Licence number
- 45276
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 3.75+ 20.0% × 1.75+ 20.0% × 5.00+ 15.0% × 0.00+ 10.0% × 4.00+ 10.0% × 2.50= 2.94
Ranked against brokers measured on every axis
Licence check
- Licence number
- 45276
- Checked
- 2026-07-09
Who actually onboards you
Notesco SA (Pty) Ltd — locally licensed SA entity.
Locally licensed entity
What each account gives you
Standard/Premium/VIP, Live Zero Fixed, ECN/Zero Spread, Cent; min USD 100.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min USD 100.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · WebTrader
FX, indices, shares, commodities, metals, crypto CFDs.
Reviews
Where it wins, where it loses
Pros (2)
- Licensed locally: 45276
- Swap-free account available
Cons (1)
- Round turn 18.0 USD against a South Africa median of 7.0
Where it does not serve
United States, Iran, Cuba, Sudan, Syria, North Korea
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2ironfx.com/zaironfx.com · pageBroker
- Aggregators and directories
- 3fxscouts.co.zafxscouts.co.za · domainAggregator
FAQ (5)
Does IronFX accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of IronFX?
Notesco SA (Pty) Ltd — locally licensed SA entity.
What licence does IronFX hold for South Africa?
Licence 45276.
What does one EURUSD lot cost at IronFX?
18.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from IronFX take?
IronFX publishes 1 to 10 business days. Their own wording: “IronFX lists as between one and ten business days”.