IronFX scam: IronFX Review 2023 Full Scam Check

There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally. Furthermore, the charitable work they do is very commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike. I like how they have strict regulation in multiple jurisdictions and are well respected within the industry. The high quality of their services has been acknowledged by the numerous international awards that they have won over the years. We offer a wide range of assets for trading, including over 80 forex pairs, 30 commodities, 150 stocks, 30 indices, and 30+ futures.

I’m gonna be honest, IronFX schooled me on some topics, despite the fact that I’m not a beginner trader at all.Well, I guess that’s why it is called IronFX school. The conditions are appealing, the platform works stably and is technically equipped. Trading here brings profits and that’s the most important thing. I suppose that these awards have a positive effect on the reputation of the broker. Michael introduced me to Marc who called me daily for further explanation and trade tips.

Unique Features of Trading with IronFX

It means if IronFX breaks any commitment to the retailers they’ve to compensate the loss. According to this scheme, trader accounts are protected up to 50,000 pounds and the maximum amount of compensation is 20,000 euros. IronFX is the award winning Global leader in Online Trading offering its services for about 8 years.

I don’t want to discount the experience of others here who look they’ve had a really horrible time, but just want to relay that my experience with IronFX was average. Getting money into the account was a bit tricky but I got help from their support person and it was fine in the end. This broker will take advantage from you whenever you get profit. Bank Wire– bank wire deposit fees are contingent on the corresponding and intermediary banks. Bank wire deposits have no restrictions and IronFX does not charge a fee. To find out whether the broker is a scam or legit, let’s analyse the IronFX review and then have a point of view of the brokerage firm.

Here are numerous misleads that in fact show the story from another side. The company changed its registered corporate name to Notesco Financial Services, which causes regulation questioning along with other existing issues. We use dedicated people and clever technology to safeguard our platform. They will tell you that you are investing in the licensed version in your country such as Ironfx.com.au in Australia, but they will put you into Ironfx.com which has no license. They will then trade your money away without your authority until there is nothing left.

In addition to IronFX’s regulation with CySEC, the firm has the approval of the UK FCA regulator. The company entered the FCA register in 2013 as Notesco UK Limited. The broker will then request that you provide your identification verification paper.

Trading Accounts

This shows strong business ethics and a responsible corporate attitude by supporting community development. The size of the brokerage is evident as they serve clients in over 180 countries spanning throughout https://limefx.name/ Europe, Asia, the Middle East, Africa and Latin America. They are headquartered in Cyprus with global offices for international clients located across the world in London, Sydney and Johannesburg.

• Mt4 application can be downloaded from Google Play and the App Store.
• Many traders prefer it for the services and facilities and the secure trading environment it offers.
• The FPA is astonished that anyone at that broker would have the nerve to make such an obviously false statement.
• Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital.

They then sent fake documentation to the client saying that they were with the Australian version when in fact they weren’t. If you have been conned into putting any money into ironfx.com tell your bank immediately and say that they are a scam and ask them to do a charge back. If you are with the Commonwealth Bank you are out of luck because they are the only bank in Australia that refuses to do chargebacks against scammers even though they are required to by MasterCard. At least I shut down the ironfx Australian office like I told them that I would do. IronFX is a popular forex broker rendering its services from 2014 for a smooth trading experience.

IronFX – Broker Review and Trader Feedback

We take pride in offering a reliable and secure trading platform that meets the needs of traders of all levels. Your feedback is a testament to our commitment to providing top-notch service to our clients. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number lime fx of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass IronFX’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers.

Investing in the financial markets necessitates forethought and thorough market research; one cannot simply put their money in danger. A lot of brokers are available to help traders who require assistance. Every broker, on the other hand, has its own set of financial conditions and features to offer its clients. Examine the in-depth IronFX evaluation based on a variety of services and factors.

They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords . IronFX is a forex broker, offering the MT4 and MT4 WebTrader forex trading platforms to clients from all around the world across multiple continents. A trader can easily open their trading accounts and enjoy IronFX services. As the commission is zero for trading with the broker and the spreads are low compared to other brokers. MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels.

If you are new to trading online, then you will be pleased to find a demo account option. This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment. This is not something exclusive to this broker, you will find most have a demo account available. Read on to discover whether you can trust IronFX and explore trading by opening a live trading account and depositing your own funds. Since 2010 we provide our valuable customers with best-in-class platforms and tools, professional-grade execution, and industry-leading customer service.

Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes. However, with everything we’ve learned about IronFX, testing doesn’t help. The brokerage proved that it’s not reliable and has issues with customer withdrawals. If you register with an offshore entity under ironfx.com, the company offers several promotions, including offering 3 luxury cars and cash prizes.

IronFX Regulations & Background

IronFX also offers email support and live chat, as well as telephone and fax support from their central location. Clients can dial telephone numbers with direct lines to Introducing Brokers or IBs, client funding queries and their trading desk. IronFX has the advantage of being run by a group of financial professionals limefx official site that bring many years of experience to the table. Their team includes market analysts, risk management experts, client business solution specialists and computer software developers. When it comes to the experience of actually trading on the platform, the experience is very much industry standard.

Trader can track his withdrawal request by entering the Transaction History from his Client Portal. Quick funding, fast withdrawals and awesome trading conditions are just some of the features that make IronFX one of the best forex brokers in the industry. Thank you for sharing your IronFX experience with us and the community! We’re thrilled to hear that you have found our platform to be a good fit for your trading needs. At IronFX, we strive to provide our clients with a wide range of assets to trade, and we’re glad to hear that you find our currency pairs selection to be satisfactory. We’re also delighted to hear that you have confidence in our platform and want to continue trading with us in the future.

They keep me up to date on the newest news so I know what’s going on in the market and which stocks to invest in! This will always be my first choice for investing because there are so many benefits to working with them. We are sorry to hear about your negative experience with our services. We would like to assure you that our company adheres to strict policies and regulations to ensure the safety and security of our client’s funds. They are reviewing my account and do not tell me the deadline.

recently started trading here and still…

By using « zero spread » account, you’ve already been charged about $20-30 per lot, unfortunately, you’ll be « charged » another $10-20 because of the strange price. Overall my experience was fine and my review is here just to provide context. Neteller– a two percent fee capped to a USD 30.00 minimum is charged by IronFX, along with a USD 1.00 fee per transaction for Neteller deposits. There are no restrictions on deposits with a maximum transaction amount of USD 50,000 per transaction. Thus, all its work is under proper regulation, and this makes it a legitimate broker without any IronFX scam operations.

The company entered the CySEC register in 2010 as IronFX Global Limited and has changed the owner’s name twice since then. Namely, the broker runs a “Global Trading Race,” offering investors a chance to win a car if they apply for the competition and invest a minimum of $750-2,000, depending on the round. Let’s take a look at IronFX from a 2023 perspective and see if the broker is still worth your time and money. Now all you have to do is make a little LimeFx and start trading a variety of tradable assets.

It is not a hoax, and traders can invest with the new financial market broker for 2022. The regulatory body ensures the security of funds, money laundering prevention, and data security. Since its establishment in 2010, Iron FX has become one of the most trusted brokers among the retail traders. And according to IronFX reviews by the Forex traders, both the popularity and reliability of this broker is increasing every day. This online broker is owned by IronFX Global Limited which is a reputed LimeFx farm of Cyprus and also the owner of another reputed broker LimeFx. But now this broker spreads its operation to UK & Australia and you can open your financial account & make your trades from anywhere in the world.

Learn more about how we review products and read our advertiser disclosure for how we make money. The broker’s website contains a wealth of educational material, which you can gain access to by registering for an account. Customer Support at IronFX Brokerage is available 24 hours a day, seven days a week. Traders can reach out to them via phone, live chat, and email. Besides, they arrange webinars, seminars and web-based training program regularly.