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  • ESZ55,812.25+0.42%
  • NQZ520,914.50+0.87%
  • FDXZ519,433.00−0.19%
  • EURUSD1.0847−0.11%
  • GBPUSD1.2733+0.08%
  • USDJPY154.21+0.24%
  • XAUUSD2,648.90+0.63%
  • CLF671.44−1.06%
  • US10Y4.283−0.34%
  • VIX14.62−2.11%

Platform

Built as an instrument, not an experience.

Four modules, one account, one margin calculation. Everything below is specification — what the platform does, how it is measured, and where the limits sit.

iron terminal — workspace / default
connected

Watchlist

  • ESZ55,812.25+0.42%
  • NQZ520,914.50+0.87%
  • FDXZ519,433.00−0.19%
  • EURUSD1.0847−0.11%
  • GBPUSD1.2733+0.08%
  • USDJPY154.21+0.24%
ESZ5S&P 500 Fut5,812.25+0.42%
09:3012:0014:3016:00

Order ticket

Side
BUY
Quantity
25
Type
LMT
Limit
5,812.00
TIF
DAY
Route
SMART
Est. commissionUSD 21.25
Transmit

Depth

Bid sizeBidAskAsk size
1425,812.005,812.25118
965,811.755,812.50204
2315,811.505,812.7587
645,811.255,813.00156

Execution blotter

TimeSymbolSideQtyPriceVenueImprovement
14:22:07.418ESZ5BUY255,811.75CME+0.25
14:19:53.902XAUUSDSELL102,649.10IRON-X+0.40
14:04:11.336EURUSDBUY100k1.08468EBS+0.00002

Interface rendition for this design concept. All symbols, prices, sizes and executions are placeholders.

Module 01

Trading terminal

A single window that holds the whole workflow: watchlists, depth, staging and blotter.

Depth of book
Level II across every connected venue, aggregated or per-venue, with size ladders.
Order staging
Build, price and validate a basket offline; release it as one atomic instruction.
Keyboard first
Every action bound to a shortcut. The mouse is optional, never required.
Persistent layouts
Workspaces sync across devices; a saved grid opens identically anywhere.

Module 02

Order routing

Routing logic you can inspect. Every fill carries the venue, timestamp and price improvement that produced it.

Smart routing
Continuous re-evaluation of displayed and non-displayed liquidity while an order rests.
Direct routing
Override the router and name the venue when the strategy demands it.
Execution audit
Per-order reports benchmarked against the consolidated tape at arrival.
No payment for order flow
Iron is not paid to route your order anywhere. Routing serves execution quality.

Module 03

Risk & margin

Margin computed continuously, not overnight — so the number you see is the number that binds.

Real-time portfolio margin
Positions re-margined on every tick with full offset recognition.
Pre-trade checks
Orders are validated against buying power and concentration limits before release.
Scenario analysis
Shock the book by price, volatility and time before you commit capital.
Liquidation transparency
Published, deterministic rules. You always see the distance to a margin call.

Module 04

Reporting

Statements built for an auditor, exports built for your accountant, an API built for your own tooling.

Activity statements
Daily, monthly and annual, in PDF and machine-readable formats.
Tax lots
FIFO, LIFO and specific-lot identification with realised/unrealised splits.
Performance attribution
Time-weighted returns broken down by asset class, sector and currency.
Flex queries
Define a report once; retrieve it on a schedule over the reporting API.

Access

Six ways in. The same account behind all of them.

Sessions are independent: a rejected order in the web terminal appears in the desktop blotter and in the reporting API within the same second.

  • Desktop terminal

    Windows, macOS and Linux. Offline order staging, local layout cache.

  • Web terminal

    The same grid in a browser tab. No install, no plugin, no Java.

  • Mobile

    Monitoring, alerts and single-leg order entry on iOS and Android.

  • REST API

    Order entry, market data and reporting. Scoped, revocable keys.

  • FIX 4.4 gateway

    For institutional order flow and third-party OMS integration.

  • Reporting API

    Scheduled flex queries delivered as CSV, XML or JSON.

Read the pricing before you read the marketing.

Every commission, financing rate and account fee is published on one page, in full.

View the commission schedule