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Established 2011 · London

Execution, settlement and reporting on one ledger.

Iron is a multi-asset brokerage for people who read the fill report. Thirty-plus venues, published commissions, real-time portfolio margin, no payment for order flow.

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Iron

IR02948117USD

Account
Balance184,206.40
Equity184,385.16
Unrealised+178.76
Margin used2,709.71
Free margin181,675.45
Margin level6,804.6%
WatchlistChartBookTrade
①EURUSD1.08472−0.11%1m5m15m1H4H1D
o
1.08501
h
1.08530
l
1.08460
c
1.08472
Positions4Working2Fills6
Collapse
SymbolSideQtyEntryMarkP&LMarginStop / Target
EURUSDBUY1.001.085121.08472−40.001,085.121.08212 / 1.09012×
XAUUSDSELL0.502,652.302,648.90+170.001,326.15— / —
USDJPYBUY0.25153.982154.212+37.28250.00152.900 / —
NVDASELL4.00121.10118.23+11.4848.44— / 112.00
4 positions+178.762,709.71
Type a symbol or a command
Live16:02:07 UTC
Client assets
Segregated, reconciled daily
Payment for order flow
None accepted
Proprietary desk
None operated
30+
Execution venues

Lit exchanges, MTFs and dark pools across 24 countries.

150+
Order types

Including algorithmic, conditional and multi-leg staging.

99.98%
Platform uptime

Rolling 12-month average across all trading sessions.

<0.9ms
Median ack latency

Gateway acknowledgement, measured colocated.

Illustrative figures for the design concept. Replace with audited operating statistics before launch.

The platform

Three views, one workspace.

Every screen a client sees during the day, in both themes — because the demo is the only screenshot that matters.

Iron

IR02948117USD

Account
Balance184,206.40
Equity184,385.16
Unrealised+178.76
Margin used2,709.71
Free margin181,675.45
Margin level6,804.6%
WatchlistChartBookTrade
①EURUSD1.08472−0.11%1m5m15m1H4H1D
o
1.08501
h
1.08530
l
1.08460
c
1.08472
Positions4Working2Fills6
Collapse
SymbolSideQtyEntryMarkP&LMarginStop / Target
EURUSDBUY1.001.085121.08472−40.001,085.121.08212 / 1.09012×
XAUUSDSELL0.502,652.302,648.90+170.001,326.15— / —
USDJPYBUY0.25153.982154.212+37.28250.00152.900 / —
NVDASELL4.00121.10118.23+11.4848.44— / 112.00
4 positions+178.762,709.71
Type a symbol or a command
Live16:02:07 UTC

Panels marked ① follow the selected instrument.

Iron

IR02948117USD

Account
Balance184,206.40
Equity184,385.16
Unrealised+178.76
Margin used2,709.71
Free margin181,675.45
Margin level6,804.6%

Statement of account

A. Lindqvist · IR02948117 · USD

12 months to Wednesday, 26 August 2026

1M3M12MAllCSVPrint
Opening balance
181,522.20USD
Money in
+2,780.60USD
Money out
−96.40USD
Closing balance
184,206.40USD
DateDetailAmountBalance
August 2026net +2,684.20
24 AugTradeGBPUSD · closed sell+96.40181,618.60
25 AugDepositBank transfer · Reference IR-DEP-4471+2,500.00184,118.60
25 AugWithdrawalBank transfer · IBAN ****4417−1,500.00—
26 AugTradeXAUUSD · closed buy−96.40184,022.20
26 AugTradeEURUSD · closed buy+184.20184,206.40
Closing balance184,206.40
Pending items, not yet applied−1,500.00
Balance if all pending items settle182,706.40

Entries are listed in the order they settled. A pending item is shown for completeness but does not move the running balance until it clears, which is why its balance column reads “—”. Figures are stated in the account currency.

Type a symbol or a command
Live16:02:07 UTC

Pending items do not move the balance.

Iron

IR02948117USD

Account
Balance184,206.40
Equity184,385.16
Unrealised+178.76
Margin used2,709.71
Free margin181,675.45
Margin level6,804.6%

Desk note15:41EURUSD

Is the long EURUSD position exposed ahead of the New York close?

The position is 1.00 lot long from 1.08512 with the stop at 1.08212, thirty pips below entry, and the mark at 1.08472 [1]. On the four-hour the pair has spent the session inside a narrowing range under 1.0860; the daily is flat, with no directional signal either way [2].

The stop costs 300.00 USD if it is hit, which is 0.16% of equity, and the position holds 1,085.12 USD of margin against 181,675.45 USD free [3]. Nothing else in the book depends on this trade. The exposure is the stop, and the stop is placed.

New York closes at 21:00 UTC and the calendar has nothing scheduled for the euro or the dollar before then [4]. Across the book, four positions show 178.76 USD unrealised and this is the only one in the red [3]. Whatever the close does, the loss the stop is set to take is the 300.00 USD already stated.

Sources

  1. [1]Price data15:41
  2. [2]Technical analysis15:41
  3. [3]Account summary15:41
  4. [4]Economic calendar15:41
Ask the Desk about EURUSD, your book, or today
AskAutoQuickDeep
Type a symbol or a command
Live16:02:07 UTC

Every answer lists its sources.

Interface rendition. Prices, positions and statement figures shown are placeholders, not a live account.

Rate card

Published rates. No negotiated exceptions.

Two commission models — tiered and fixed. Margin financing is priced off the currency's overnight benchmark, not a spread you have to discover.

Commission falls as monthly volume rises. Exchange, clearing and regulatory fees are passed through at cost.

Tiered commission schedule
TierMonthly volumeUS equityEU equityOptionsFutures
Tier 1≤ 300,000 sharesUSD 0.0035 / sh0.05% of valueUSD 0.65 / contractUSD 0.85 / contract
Tier 2300,001 – 3,000,000USD 0.0020 / sh0.03% of valueUSD 0.50 / contractUSD 0.65 / contract
Tier 33,000,001 – 20,000,000USD 0.0015 / sh0.02% of valueUSD 0.35 / contractUSD 0.45 / contract
Tier 4> 20,000,000USD 0.0010 / sh0.015% of valueUSD 0.20 / contractUSD 0.25 / contract

Indicative rates for this design concept. Exchange, clearing and regulatory fees are additional under the tiered model and bundled under the fixed model. Full schedule, including margin financing by currency, on the pricing page.

Markets

Six asset classes. One margin account.

Positions across every product below share a single balance, a single margin calculation and a single statement.

Markets, hours, leverage, spread and financing by asset class
ClassInstrumentsHoursMax leverageTypical spreadFinancing
Equities & ETFs24 marketsExchange hours + extended4:1Exchange NBBOSOFR/ESTR + 1.50%
Options17 marketsExchange hoursPortfolio marginExchange NBBOn/a
Futures & Options on Futures31 exchangesNearly 24/5SPAN-basedExchange tickn/a
Foreign ExchangeInterbank24/530:10.1 pip, major pairsTom-next, disclosed
Fixed Income9 marketsExchange hours2:1Dealer quoten/a
FundsGlobalDaily NAV strikeNot marginableNAV, no markupn/a

Indicative figures for this design concept, not an offer. Leverage limits vary by jurisdiction and client categorisation.

Alignment

How a broker earns is how a broker behaves.

Most execution problems are incentive problems wearing a technical costume. Iron's revenue model is deliberately boring, and published in full.

See the full commission schedule
01

We are paid by commission

Commissions, margin financing and a disclosed currency-conversion spread. Three lines, all itemised on your statement.

02

We are not paid by venues

Iron accepts no rebate, no inducement and no payment for order flow. The router optimises for your fill, because nothing else pays it to.

03

We do not take the other side

No proprietary desk, no internalisation against client orders, no market making in instruments you trade.

04

We show our work

Every fill carries venue, timestamp, and price improvement measured against the consolidated tape at order arrival.

Security & custody

Verification unlocks capability. It never blocks access.

Two-factor authentication on every account, client money held apart from Iron's own capital, and a verification tier system that's published rather than discovered by trial and error.

Client money
Held in segregated accounts at tier-1 custodians, reconciled daily and never used for firm purposes.
Audit
Financial statements are audited annually by an independent registered firm.
Continuity
Trading and reporting infrastructure runs active-active across two geographically separate sites.

What each verification level unlocks

UnverifiedTrade with crypto funding, limited leverage
BasicAll deposit methods, standard leverage
AdvancedBank withdrawals, custom margin, lower commission

Session control is per-device: see every signed-in session, with a one-click sign-out, from account settings.

The Desk

Analysis that cites its data.

Ask about a position, an instrument, or today. The answer comes back as a note: a dateline, the question, the reasoning at reading length, and a numbered list of every data call it was built from.

Iron

IR02948117USD

Account
Balance184,206.40
Equity184,385.16
Unrealised+178.76
Margin used2,709.71
Free margin181,675.45
Margin level6,804.6%

Desk note15:41EURUSD

Is the long EURUSD position exposed ahead of the New York close?

The position is 1.00 lot long from 1.08512 with the stop at 1.08212, thirty pips below entry, and the mark at 1.08472 [1]. On the four-hour the pair has spent the session inside a narrowing range under 1.0860; the daily is flat, with no directional signal either way [2].

The stop costs 300.00 USD if it is hit, which is 0.16% of equity, and the position holds 1,085.12 USD of margin against 181,675.45 USD free [3]. Nothing else in the book depends on this trade. The exposure is the stop, and the stop is placed.

New York closes at 21:00 UTC and the calendar has nothing scheduled for the euro or the dollar before then [4]. Across the book, four positions show 178.76 USD unrealised and this is the only one in the red [3]. Whatever the close does, the loss the stop is set to take is the 300.00 USD already stated.

Sources

  1. [1]Price data15:41
  2. [2]Technical analysis15:41
  3. [3]Account summary15:41
  4. [4]Economic calendar15:41
Ask the Desk about EURUSD, your book, or today
AskAutoQuickDeep
Type a symbol or a command
Live16:02:07 UTC

Every answer lists the data it was built from and the time each call was made. Nothing here is advice.

Interface rendition. The note, its figures and its sources are placeholders, not a live response.

Questions

Before you open an account

01Is there a minimum to open an account?
There is no minimum deposit for a cash account. Margin accounts require the regulatory minimum for the jurisdiction in which the account is opened, which is shown during onboarding before you commit any funds.
02How is Iron paid?
Commissions, financing on margin balances, and the spread on currency conversion — each disclosed on the pricing page and itemised on every statement. Iron receives no payment for order flow and does not trade against client orders.
03Which pricing model should I choose?
Tiered pricing is lower for most accounts trading more than roughly 300,000 shares a month. Fixed pricing is simpler to forecast and bundles exchange and clearing fees into one number. You can switch once per calendar month.
04Do you charge for market data?
Delayed data is included at no charge. Real-time exchange feeds are billed at the exchange's own rate with no markup added by Iron; the exact figure appears in the subscription screen before you subscribe.
05Can I connect my own tooling?
Yes. The REST and FIX gateways cover order entry, market data and reporting. API credentials are scoped per key and can be restricted to read-only, and every call is logged in the account audit trail.

Next step

Open an account, or ask us something difficult first.

Onboarding takes about fifteen minutes and requires proof of identity and address. Nothing is charged during application, and the account can be funded later.

Open an accountTalk to us

ATTENTION — PET PROJECT

Not an actual investment platform. No real funds are held, no securities are offered, and no brokerage or financial services are provided.

This interface, its design system and its source code are proprietary works, protected by copyright and licensed for authorised use only. Unauthorised copying, reproduction, redistribution, reverse engineering or derivative use will be pursued to the fullest extent available under applicable intellectual-property, copyright and digital-rights law, including statutory damages and injunctive relief.

No real funds, securities or financial services. Design & source code are proprietary — unauthorised use will be pursued to the fullest extent of the law.