There is an impending class action lawsuit against IRONFX
The FPA has repeatedly requested to communicate with the CEO of IronFx regarding the unethical behavior of employees of the company. Several employees who have been asked to put the FPA in touch with the CEO have refused to do so.
Readers of this review page should note the fake reviews left by IronFx employees pretending to be clients. These are from "Dimitri, London, United Kingdom" on 2013-08-02 and "Eva Leine, Stuttgart, Germany on 2013-02-04".
IronFx employees have also spammed the FPA's forums on three occasions.
First IronFx Forums Spam Incident - 2012-11-12
Second IronFx Forums Spam Incident - 2013-05-24
Third IronFx Forums Spam Incident - 2014-02-05
In January, 2015, someone posted an attack on a competing broker from inside the offices of IronFx. See the review by "Jacob, Cyprus" dated 2015-01-21 below.
In June, 2015, someone claiming to be an IB from Egypt posted defending IronFx. The post really came from inside of IronFx's offices in Cyprus. See the review from "IB in IronFX" dated 2015-06-03 below.
These incidents began in November 2012. The most recent was in June of 2015.
The FPA recommends AGAINST doing business with IronFx until the CEO steps in and convices company employees to stop acting in an unethical fashion. If this is how employees follow simple forum and review site rules, can you trust them to follow rules about handling your money?
Feb 2015: Multiple fake positive reviews submitted.
WITHDRAWAL PROBLEMS WARNING: February 2015: The number of complaints about withdrawal issues against IronFx has escalated. The FPA recommends all clients of IronFx test the withdrawal system immediately.
March 2015: There are now 4 FPA Traders Court Guilty verdicts against IronFx for failure to pay money owed to clients. The FPA has no choice but to declare IronFx to be a Scam. A formal FPA Scam Finding will be issued soon.
IronFx is hereby blacklisted by the Forex Peace Army. The FPA recommends against depositing money with Iron Fx. If you have an account with IronFx, the FPA recommends you try to withdraw your funds immediately.
August 6, 2015: Cysec has announced an investigation AGAINST IronFx. CLICK HERE to verify. IronFx claims that the company asked Cysec to help them investigate cheating clients. ;)
August 10, 2015: The Brazilian CVN has issued a warning against IronFx. CLICK HERE to verify.
November 27, 2015: Cysec has announced a €335,000 Euro fine against IronFx based on the investigation announced in August. This proves that IronFx's claim that the investigation was against cheating clients was another lie told by the company. CLICK HERE to verify.
Other websites of this company include IronForex.com