IronFX adds a 40% non-withdrawable credit bonus on deposits of US$500 or more, capped at US$4,000 per client, that boosts margin but can never be cashed out.
Researched and rated by the BrokerBonuses editorial team · Last verified 2026-06-07 · How we rate
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Value rating breakdown
Availability
Checking availability…All countries except those restricted
The catch
The bonus credit is purely notional: it can never be withdrawn or cashed in and is removed in full the moment you request any withdrawal or internal transfer. There is NO lot or volume turnover requirement. If your account is in PROFIT, profits are freely withdrawable (T&C Example A: a $10,000 deposit + $4,000 bonus growing to $20,000 allows a $16,000 withdrawal = balance minus the $4,000 bonus).
How to claim
- Open or register an IronFX trading account through www.IronFX.com selecting an eligible account type.
- Deposit at least US$500 (or currency equivalent).
- Submit a request for the Power Bonus through the IronFX Client Portal within 5 business days of the deposit.
- Do not start trading before the bonus is credited, otherwise you lose entitlement to it.
Full review
The Power Bonus gives you extra trading credit equal to 40% of each qualifying deposit, up to a maximum of US$4,000 per client (not per account). It is offered by Notesco (BVI) Limited under license SIBA/L/24/1175 and has run since 01 January 2023 for an indefinite period.
You need to deposit at least US$500 and then request the bonus through the IronFX Client Portal within 5 business days. The granted bonus stays valid for 30 months. The catch is the headline "up to $4,000" figure only matters if you deposit US$10,000, since 40% of that is exactly the cap.
More importantly, the bonus is notional credit that cannot be cashed in. It is subtracted from your balance the moment you request a withdrawal or an internal transfer, so it works as extra margin rather than free money.
Profits you make on top can be withdrawn (IronFX's own example shows a US$10,000 deposit growing to US$20,000 leaving US$16,000 withdrawable after the US$4,000 bonus is removed), but if the account is in loss a pro-rata formula reduces what you can take out.
If your balance falls below US$5 and all positions close, the bonus is treated as lost and you can request a fresh 40% bonus on your next deposit. Eligibility is limited to clients who open through www.IronFX.com on standard MT4 account types.
STP/ECN, zero fixed spread, vantage, and privilege accounts are excluded, as are accounts already in another promotion and accounts funded through an Introducing Broker. You can only receive the Power Bonus once.
Pros
- +Large 40% match with a high US$4,000 cap
- +No lot or volume turnover required to release the credit
- +Profits earned on the boosted margin are withdrawable
- +If wiped out you can re-qualify for a fresh bonus on the next deposit
Cons
- −The bonus credit itself can never be withdrawn or cashed in
- −It is deducted in full the moment you request any withdrawal or transfer
- −Reaching the full US$4,000 needs a US$10,000 deposit
- −Excludes ECN, zero-spread, vantage and privilege accounts
- −Offered by the BVI entity, outside major regulators like the FCA or CySEC
- −Pro-rata loss formula traps your OWN capital: T&C Example B shows a $7,000 real-money balance yielding only a $5,000 withdrawal, locking $2,000 of deposited principal beyond the bonus removal
40% deposit credit bonus with IronFX
Now you know the terms. Claim it on the broker's own site.
Sources & verification
We research every bonus from the broker's official pages and re-check it on a 60-day schedule.
Confirmed against official sources: type, Bonus amount, Minimum deposit, Withdrawal terms, Turnover requirement, Time limit, Account type, Eligible countries, status.
Broker regulation: FCA (license 585561), CySEC (license 125/10), FSCA (license 45276), FSC (license SIBA/L/24/1175).
- Bonus terms and conditions: shared.ironfx.com ↗
- IronFX official site: ironfx.com ↗
Last verified 2026-06-07. Next review within 60 days.