The IronX Exchange Solution

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.

The IronX Exchange aims to enable a safe and easy transition from the mass retail market into the crypto market. Leveraging on its existing regulatory and operational practices, processes, solutions and real operating company functions, including, back-office, risk management, account management, and payment and banking solutions, the IronX Exchange will offer a customer-centric and quality-focused service.

The IronX Exchange will provide crypto investors who wish to diversify their investments direct access to the low-correlation asset classes that are offered on the IronFX Group trading platform (such as spot FX, CFDs, shares, futures, commodities, indices), including the ability to utilize higher than normally offered leverage when trading on the IronFX Group trading platform.

Through the potential seamless blending with traditional online trading, the IronX Exchange could provide an overall increase in adoption and awareness of cryptocurrencies and crypto trading, leading to greater use of infrastructure previously unavailable to the early adopters.

The IronX Exchange Solution.jpg


Leveraging a cutting-edge system that will facilitate increased volume through multi-party interaction and interconnectivity with traditional online trading, the IronX Exchange plans to address existing crypto industry issues and optimize the crypto exchange experience for novice and experienced traders alike.

The IronX Exchange aims to address the aforementioned crypto market challenges by using a market-leading technology platform consisting of a multitude of high-grade features, as well as aiming to provide a highly secured interconnectivity between exchanges and third-party institutions to curtail liquidity problems and boost trade volume, which are the biggest challenges of new exchanges, and to facilitate high level of security and ease-of-use for all crypto traders purchasing currency (including FIAT). In addition, the IronX Exchange explores the possibility to offer a seamless connectivity with the IronFX Group traditional online trading platform that could leverage the IronFX Group’s long-standing, global operational excellence and multi-regulatory presence to introduce a new standard of customer support coupled with a strong regulatory framework. This seamless connectivity, if applicable, will be designed and implemented with care and could involve business processes, technology solutions (such as an interface between the two exchanges’ Customer Relationship Management systems) and strict policies – all designed and managed at the highest level of legal, regulatory and compliance standards.

The IronFX Group has partnered with a team of top-tier companies and advisors to deliver their advanced IronX Exchange with a coin backed by the real operations of a financial trading company. Partnerships will include the following:

• EmurooHK Group ( creators of the Cardano Blockchain project, will be assisting in the IronX Exchange’s formation and growth and will be providing liquidity from the outset by listing their hugely successful ADA Coin on the IronX Exchange
• Smartoloqic Technologies ( for Blockchain consultancy and crypto strategy advisory

The IronX Exchange plans to utilize its platform token, IRX, as the main coin backing the system’s usage. Users will have the freedom to choose between paying trading fees in the currency of the transaction, or. paying in IRX tokens. Fees paid in IRX tokens will carry a substantial discount on the exchange, incentivizing frequent traders to use IRX for all fees and transactions. IronX Exchange plans to offer holders of IRX coins additional benefits in a variety of ways. Based on such holder’s IRX holding levels, they could be entitled to additional services and incentives such as personal account management, market updates, and possibly marketing bonuses, all adhering to the required regulatory procedures and policies.


Key Success Factors

1. Regulation

a. Current issues

  • Lack of regulation among exchanges presents vast uncertainty for users, where issues of security and accuracy of transactions, as well as system capabilities, remain dependent on the various protocols established at choice by each exchange.
  • Clearing and settlement of transactions within unregulated exchanges present a greater risk to users unprotected by regulated channels, where funds can be misused without strict accountability in place.
  • Lack of peace of mind for users unprotected by regulated outlines for exchange operations, storage of funds and information protection.

b. The IronX Exchange offering

  • The IronX Exchange aims to be a fully regulated exchange featuring KYC and AML processes implemented via in-house procedures or integration of third-parties.
  • It is investigating the acquisition of a PI License under the Financial Conduct Authority (FCA).

2. Liquidity

a. Current issues

  • Shallow order books signal low trading volumes to potential users, creating hesitation among would-be adopters to begin trading,
  • Inconsistent volume results in volatile price swings, generating high rates of slippage and decreased profitability for traders,
  • Supply and demand efficiencies, including minimal trading pairs and coin offerings, critically injure the ability to maintain optimal volume and develop deep liquidity.

b. The IronX Exchange offering

  • Interconnected platform linked with multiple high-caliber exchange partners to boost volume,
  • Leveraging the technology provider’s ready-made connectivity with multiple existing exchanges to offer deep order books from launch,
  • Explore the possibility of seamless blending with traditional online trading to allow access to the FX market with the deepest liquidity available globally.

3. Customer support

a. Current issues

  • Lack of experienced and/or knowledgeable customer coverage teams available to answer high-level customer queries and provide fast solutions to user difficulties,
  • Insufficient customer support resources and communication portals with limited language coverage, suboptimal methods of communication, and/or unintuitive interfaces.

b. The IronX Exchange offering

  • Experienced, multilingual customer support team with coverage in over 30 languages,
  • Dedicated account managers providing hotline support and live chat options flor or fast and efficient handling of queries, 24/7.

4. Technology

a. Current issues

  • Suboptimal technical architecture in many exchanges leaves users forced to contend with unintuitive and complex platforms better suited to the sector of experienced digital asset traders, with new users exposed to unnecessary difficulties when enterientenng ng the site.
  • Insufficient security systems in place within many exchanges pose a potentially critical problem for users’ data protection.

b. The IronX Exchange offering

  • The IronX Exchange will be using an advanced platform with the meticulously designed interface for intuitive, easy use; built with advanced as well as novice users in mind.
  • The IronX Exchange will include high-grade security features including, inter alia: two-factor authentication through Google Authenticator application: rate-limiting, concurrent connection limits; encrypted Transport Layer Security (TLS) connections;
  • The IronX Exchange aims to undertake audits from internationally reputable specialist third-party security audit consultants on its platform and wallet infrastructure and will also follow strict internal operational procedures, audited by third-party consultants, including cold storage wallet environment similarly utilized by leading global exchanges.

5. Easy FIAT-to-CRYPTO conversion

a. Current issues

  • The vast majority of prominent cryptocurrency exchanges do not allow users to purchase digital assets with FIAT, making an initial new-user entrance into the market more difficult and time-consuming.

b. The IronX Exchange plans to offer

  • Seamless FIAT deposits and withdrawals facilitated by connectivity between the platform and crypto-friendly banking institutions,
  • Seamless blending with traditional online trading to allow access to the FX market with the deepest liquidity available globally.

Technology Platform

Key features

We intend to base the IronX Exchange platform on AlphaPoint’s technology. It will utilise ground-up implementation to deliver next-level solutions to current industry problems. Based on the same high-grade architecture used by major trading systems, the IronX Exchange will provide the following system features:
• Ultra-high performance architecture for handling global scale industries
• Accelerated performance; 1 million trades per second
• Intuitive, easy-to-use interface
• High-grade securisecunty ty and data protection
• Simple systems management
• Constant, top-of-the-line system performance
• Error detection codes on all records
• Always active, dynamic database
• Comprehensive customer coverage and service offerings
• Quick failover support
• Simple systems management
• HFT capable systems
• Monitoring and alert
• Seamless fail-safe modes
• Easy FIAT-to-CRYPTO purchasing capabilities


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

Device Coverage.jpg

Business Model

  • The IronX Exchange business model is simple. The IronX Exchange will charge trading fees, withdrawals fees and listing fees.
  • The IronX Exchange initial trading fees will be 0.2%.
  • The IronX Exchange may charge a small fee for withdrawals.
  • The IronX Exchange plans to become a destination for ICO companies to list their coins. For such a service, the IronX Exchange will perform a thorough due diligence and companies that will qualify to be listed, will pay for such a service a setup and annual fees – in IRX.

Contributors will be able to use their IronX Exchange crypto account to fund a newly-created IronFX Group online trading account with their crypto coins and benefit from a discount on other asset class trading spreads. When such contributors fund their accounts with IRX tokens, they will benefit from a higher discount. This discount will be executed in the form of a rebate paid in IRX tokens.

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 tees, 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.

The IRX Token.jpg

Holders of IRX coins will also benefit in a variety of ways. Based on holding levels, they will be entitled to additional services and incentives such as personal account management, market updates, and marketing bonuses. We are also exploring the possibility of providing the benefit of offering discounts on spread paid in IRX tokens to IronX Exchange traders who use their crypto funds to open a trading account with the IronFX Group.

Benefits for IRX holders in the ecosystem

The IronX Exchange and the IronFX Group are exploring the possibility to provide holders of IRX tokens benefits among the other group’s companies and trading platforms, such as, but not limited to higher leverage, trading bonuses, upgrade on accounts status and more.
Please see below some indicative potential benefits on the IronFX Group’s platforms for the IRX holders:

Token Economy

IRX Token Sale

The IRX Token private sale ran from the 20″‘ ol June 2018 until the SO”1 ol August 2018 and successfully sold 67,691,787 tokens, at the price ol $0.33 (USD) per token, tor a value of $22,338,290 (USD). After a successful private sale, IronX has decided to release an additional up to 82,308,213 tokens for the public sale.


IRX Token Sale.jpg

In addition to the details listed above, any contributor who participates with an amount of greater than $50,000 (USD) will be entitled to bonus tokens. The bonus tokens will be issued as a percentage of the initial tokens purchased by the contributor and will be vested with the company for nine months, with 1/3 released every three months.

IRX Token Sale2.jpg

IRX Token Distribution

IRX Token Distribution.jpg

Use of proceeds

Use of proceeds.jpg


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