In this work, we deal with the zero temperature hysteretic properties of iron (Fe) quadrangular nanoprisms and the size conditions underlying magnetic vortex states formation. Different aspect ratios of a square base prism of thickness t with free boundary conditions were considered in order to summarize our results in a proposal of a field-driven magnetic phase diagram where such vortex states are stable along the hysteresis loops. To do that, a Hamiltonian consisting of exchange, magnetostatic, Zeeman and cubic anisotropy energies was considered. The time dynamics at each magnetic field step was performed by solving the time-dependent Landau–Lifshitz–Gilbert differential equation. The micromagnetic simulations were performed using the Ubermag package based on the Object Oriented Micromagnetic Framework (OOMMF). Circular magnetic textures were also characterized by means of topological charge calculations. The aspect ratio dependencies of the coercive force, nucleation and annihilation fields are also analyzed. Computations agree with related experimental observations and other micromagnetic calculations.