The IronFX Group explores the possibility to utilize its operational track record, robust industry reach, access to top-tier financial institutions and deep liquidity, as well as, already-amassed significant group assets, including multi-regulatory licensing, large customer base of more than 1.2 million retail online trading accounts and a strong financial base, to bring unrivalled expertise and operational excellence to the crypto exchange world, which could assist in positioning itself as the upcoming, leading practitioner in the crypto market with the introduction of its crypto exchange platform, called the IronX Exchange.   


The IronX Exchange will be established as a Joint Venture between one of the global leaders in online trading, the IronFX Group and EmurgoHK, one of the global leaders in Blockchain technology, creator of the decentralised public Blockchain Cardano and the hugely successful ADA Coin. Joining forces with leading Blockchain consulting company Smartologic Technologies, the IronX Exchange plans to create an exchange ecosystem based on a Distributed Ledger Technology (DLT) Licenses, and provide a unique, operationally efficient and highly secure CRYPTO-to-CRYPTO and FIAT-to-CRYPTO exchange, seamlessly blending it with traditional online trading via a common trading portal. At the same time, it could provide benefits to holders of the exchange token (IRX) in using the IronFX Group trading platform which offers traditional online trading on spot FX, CFDs, shares, futures, commodities and indices.

The IronX Exchange aims to be a fully regulated exchange, and the IronFX Group is currently exploring the possibility of applying for a DLT licence in multiple jurisdictions, such as but not limited to, Gibraltar, Malta and Estonia. 

For users entering the crypto market without existing crypto tokens, the IronX Exchange is exploring the possibility to bridge the gap between traditional finance and the world of crypto trading by addressing the challenges mentioned earlier with effectiveness and experience. The IronX Exchange could, therefore, facilitate the entrance of new users to crypto trading with increased ease of entry on the right basis, higher efficiency, and lower costs.

**Key features**
the IronX Exchange will provide the following system features: 
  •  Ultra-high performance architecture for handling global scale industries  Intuitive, easy-to-use interface 
  •  High-grade security and data protection 
  •  Simple systems management 
  •  Constant, top-of-the-line system performance 
  •  Comprehensive customer coverage and service offerings 
  •  Simple systems management 
  •  Easy FIAT-to-CRYPTO purchasing capabilities 
**Benefits**
The benefits of use for clients of the IronX Exchange platform will include, among others, the following: 
  • Access to multiple different cryptocurrencies 
  •  24/7 supported trading 
  •  Fixed transaction fees  
  •  Run reports 
  •  Rapidly accepted deposits and withdrawals in CRYPTO and FIAT for all users 
  •  Audit trades  
  •  Automatic dispersal of Daily Account Statements or configure default recurring daily reports for newly registered users 
  •  Ability to place, edit and cancel limit orders into the order book via API 
  •  Matching Engine - lean design matches orders at throughputs in excess of 1 million transactions per second 
  •  Nine supported order types including market, limit and stop 


**Device Coverage**

The IronX Exchange will offer the ability for clients to seamlessly trade across all common devices, including: 
  •  Android and IOS systems 
  • Desktops 
  •  Tablets 
  •  Traditional online trading platforms e.g. MT4 and Webtrader


The IronX Exchange ecosystem aims to foster a community of users and traders supported by a specialised team of customer service representatives. Users will interact on an advanced site designed to deliver specialised customer service in parallel to its regular platform use, thus creating an optimal exchange with ease of operation for new and experienced traders alike.  

Customer service will include a myriad of client-oriented features such as hotline support and live chat options, with multilingual support in over 30 languages, in addition to a uniquely easy-to-use and straightforward trading software. 

**The IRX Token **
IRX is the exchange coin. It is an ERC-20 utility token that will serve as the main coin backing the system’s usage. Users will have the freedom to choose between paying their fees, such as trading fees, in the currency of the transaction, and, paying in IRX tokens. Fees paid in IRX tokens will carry a discount on the exchange according to the below table, incentivising frequent traders to use IRX for all fees and transactions. 

Holders of IRX tokens will also benefit in a variety of ways. Based on holding levels, they will be entitled to additional services and incentives on the IronX – IronFX Group ecosystem.

1. Discount in spreads on traders on trading products
2. Free IronFX Card, VIP Accounts with no requirements, free Virtual Private Server (VPS) without requirements
3. Discounted fees for Portfolio Management (Management Fees and Performance Fees)
4. Upgrade Introducing Broker / Affiliate without the existing requirements
5. Additional commissions for the Introducing Broker / Affiliate when paid in IRX
6. Open an IRX Base Currency Trading Account to trade CFDs on the IronFX Grouptrading platform, deposit and withdraw in IRX

  



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Author :
Bitcointalk username: norainlys
ETH Address : 0xFB9712E24AFeCE5FA411252C278eCD18CFf5649b

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