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74 brokers measured in Mexicobroker data checked 11.10.2026
IronFX logoIronFXGlobal entity

IronFX in Mexico — review, licence and costs

Written and checked by the Cuenta Clara editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of MexicoOpened by IronFX (Mexico) S.A. de C.V., register checked 11.10.2026

Score (6 of 6 axes scored)

3.19/ 5.0

ranked against full-basis brokers

  • Reviews25%75
  • Round-turn cost20%35
  • Safety20%10
  • Payouts15%0
  • Track record10%80
  • Platforms10%40

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.397 = 3.19 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Global entity
Founded
2010
Retail leverage
2000MX
Round turn
18 USDMX
Currencies
Not specified
Swap-free account
yes

Licence check

CNBV · Casa de bolsa authorisation
Active on registerchecked 11.10.2026https://www.rationalfx.com/forex-brokers/mexico/
Open an account with IronFX

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the IronFX website
IronFX's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards Mexico residents
Global entity
Local standing
Offshore regulated
Licence as the register states it
No Mexico license
Leverage for this entity
Up to 1:2000
The firm behind it
Notesco group broker
What we hold against it
CNBV gap, complaint risk

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Mexican residents enters the score.

The entity that onboards youGlobal entityLocal or offshore not stated in the source · CNBV licence —
1:2000MX
Mexico median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youOffshore regulated
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Mexico market median(priced from 71 of 75)

Round turn, 1 lot EURUSD, spread plus commission, USD
IronFX, raw spread plus commission18
Mexico median, all 71 priced7
Mexico median, the 59 priced on the raw spread plus commission6

Medians run over the 71 of 75 brokers that publish a price for Mexico, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Standard, Raw ECN, VIP. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Cost calculator (median of 71 priced of 75)

IronFX, per month360.00 USD
Mexico median, per month140.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a MXN conversion because the exchange rate is not part of our data.

Where IronFX sits in the Mexico base(75 brokers)

Round-turn cost, USD (71 of 75 priced)

8<5
555-10
310-15
315-20
220-25
025-30
030+

Median 7 USD · range 1.5-20 · this broker 18 USD · 4 of 75 brokers do not publish it

Minimum deposit, USD (3 of 75 priced)

1<20
020-40
140-60
060-80
180+

Median 50 USD · range 5-100 · 72 of 75 brokers do not publish it

Retail leverage (52 of 75 with a Mexico figure)

36<2000
142000-4000
14000-6000
06000-8000
18000+

Median 1:1000 · range 50-10000 · this broker 1:2000 · 23 of 75 brokers do not publish it

Withdrawal time published (75 brokers)

6of 74
Published, hours6not published38IronFX is one of the 6

Deposit and withdrawal methods (1 methods · 0 local rails)

Not specified

    Account currency
    Not specified
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(6 countries)

    United StatesIranCubaSudanSyriaNorth Korea

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(4 platforms)

    • MT4
    • WebTrader
    • mobile app
    ClassCountMin spread
    MT4—1.8
    WebTrader—1.8
    mobile app—1.8
    All instruments500—

    Identical for every row: Leverage 2000 MX.

    Reviews(1 platform · 25% of the score)

    4.5/ 5
    Trustpilot rating
    1,234
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20264.51,234

    Share of reviewers in Mexico: — The platform does not publish it.

    Pros and cons(3 for and 4 against, each tied to a figure on this page)

    For
    • Swap-free account available
    • Track record 80 of 100, its strongest of 6 scored axes
    • 3 platforms: MT4, WebTrader, mobile app
    Against
    • Round turn 18 USD on the raw + commission basis, over the Mexico median 7
    • No Mexico authorisation on file: the entity that onboards you is licensed elsewhere
    • Withdrawal in 240 h, over the Mexico median 24
    • Payouts 0 of 100, its weakest of 6 scored axes

    Alternatives in Mexico(5 of 75 scored in Mexico)

    3.73
    AvaTrade
    Licensed elsewhere
    Round turn, USD
    9MX
    Min deposit, USD
    100 groupMX
    Leverage
    400 group
    Rank in this country
    #6
    3.15
    eToro
    Licensed elsewhere
    Round turn, USD
    10MX
    Min deposit, USD
    10 groupMX
    Leverage
    30 group
    Rank in this country
    #12
    2.99
    IG Markets
    Licensed elsewhere
    Round turn, USD
    13.6MX
    Min deposit, USD
    0 groupMX
    Rank in this country
    #13
    4.12
    FP Markets
    Licensed elsewhere
    Round turn, USD
    6MX
    Min deposit, USD
    100 groupMX
    Leverage
    500MX
    Rank in this country
    #1
    3.26
    Tickmill
    Licensed elsewhere
    Round turn, USD
    6MX
    Min deposit, USD
    100 groupMX
    Leverage
    1000MX
    Rank in this country
    #11

    "group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

    Methodology(6 axes · formula v1.0)

    Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Mexico score. Full methodology

    AxisWeightWhat is measuredIronFX
    Reviews25%Rating, volume and recency on one public review platform75
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median35
    Safety20%Local authorisation, the entity that onboards you, any regulator warning10
    Payouts15%Published withdrawal time, fees and the methods available in the country0
    Track record10%Years since the firm was founded, from its own filings80
    Platforms10%Which trading platforms the broker confirms for this country40

    FAQ

    Does IronFX accept residents of Mexico?
    No. Offshore regulated Onboarding entity: Global entity
    Is IronFX licensed to serve clients in Mexico?
    No Mexico license Checked on 11.10.2026.
    How much does one round turn cost at IronFX?
    About 18.0 USD per standard lot on EUR/USD. The median across brokers measured for Mexico is 7.0 USD.
    What leverage does IronFX offer to retail clients in Mexico?
    Up to 1:2000. leverageGeo: Up to 1:2000
    Which trading platforms does IronFX support?
    MT4, WebTrader, mobile app. Instruments: 500+ CFDs
    How can I withdraw money from IronFX in Mexico?
    Not specified
    What account types does IronFX offer?
    Standard, Raw ECN, VIP
    Does IronFX offer a swap-free (Islamic) account?
    Yes. IronFX offers a swap-free (Islamic) account to Mexico residents.

    Taxes for a Mexican resident(1 rule)

    • Trading gains are taxable in Mexico and should be reported to SAT.https://www.rationalfx.com/forex-brokers/mexico/

    Not tax advice. Check with the SAT.

    Verified · Sources

    Verified01.10.2026
    next review 01.01.2027