They will tell you your account is under investigation for potential irregular trading activities!! You'll see!
They will tell you your account is under investigation for potential irregular trading activities!! You'll see!
Pharaoh
Brigadier General
- Messages
- 20,312
Nice to see IronFx finally got a well-deserved scam rating. AsstMod has already opened a thread here for victims:
Wholesale Forex Complaints
Wholesale Forex Complaints
googleandyahoo
Recruit
- Messages
- 9
Hundreds of traders from China are already pursuing a lawsuit against Ironfx. Let's put these criminals away for good.
Pharaoh
Brigadier General
- Messages
- 20,312
Ask them all to follow the instructions in that IronFx thread in Wholesale Forex Complaints.
Also, if you can get the contact information for the financial regulators in China who would deal with this sort of thing, publicly posting that could help a lot of traders.
Also, if you can get the contact information for the financial regulators in China who would deal with this sort of thing, publicly posting that could help a lot of traders.
googleandyahoo
Recruit
- Messages
- 9
Unfortunately, I don't think there's any financial regulator in China that has jurisdiction in this kind of matters, at least not that I know of. That's why these investors had no choice but to pursue these people on their own. Exposing bad brokers on FPA is the next best thing they can do.
Hi guys,
yesterday I've received the final decision from IronFX. Read the email below. I've controlled my trading history and I've noticed that they would cancelled all my trades in profit. In this way my account results about 640 USD (deposits less losses)
______________
Following the Company's investigation with respect to the trading activity for the accounts held with the Company and registered under the e-mail address XXXXX@XXXXXXX, you are hereby informed that the aggregate eligible balance available to withdraw on all of the accounts as at 19/03/2015 is: USD 645.73.
The calculation of the USD 645.73 amount resulted from (i) recognition that abusive trading activity had occurred on certain of those accounts in breach of the terms and conditions relating to one or more promotions made available to those accounts and (ii) removal of relevant accumulated promotional bonuses and profits generated from promotional bonuses in accordance with the Company's applicable promotional terms and conditions.
The eligible balance available to withdraw will be reflected on the platform in due course. Please note that the withdrawal of the available balance will only be processed if the Client signs an Acknowledgement letter that the Company will provide upon your request.
Any clarifications can be provided upon request submitted within seven days from the date of this e-mail.
yesterday I've received the final decision from IronFX. Read the email below. I've controlled my trading history and I've noticed that they would cancelled all my trades in profit. In this way my account results about 640 USD (deposits less losses)
______________
Following the Company's investigation with respect to the trading activity for the accounts held with the Company and registered under the e-mail address XXXXX@XXXXXXX, you are hereby informed that the aggregate eligible balance available to withdraw on all of the accounts as at 19/03/2015 is: USD 645.73.
The calculation of the USD 645.73 amount resulted from (i) recognition that abusive trading activity had occurred on certain of those accounts in breach of the terms and conditions relating to one or more promotions made available to those accounts and (ii) removal of relevant accumulated promotional bonuses and profits generated from promotional bonuses in accordance with the Company's applicable promotional terms and conditions.
The eligible balance available to withdraw will be reflected on the platform in due course. Please note that the withdrawal of the available balance will only be processed if the Client signs an Acknowledgement letter that the Company will provide upon your request.
Any clarifications can be provided upon request submitted within seven days from the date of this e-mail.
Pharaoh
Brigadier General
- Messages
- 20,312
Sounds to me like IronFx considers making a profit to be abusive trading activity.
Be very careful about what you sign to get back the part of the money they claim to be willing to refund. They may include wording which prevents you from filing formal complaints or even publicly speaking about the issue.
Be very careful about what you sign to get back the part of the money they claim to be willing to refund. They may include wording which prevents you from filing formal complaints or even publicly speaking about the issue.
