• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Problem Iron Competition scam!

I am having an issue with a company

JohnsonWong

Recruit
Messages
2
I've just participated their Contest on the date of 15/7. I made a very good trading in the very early stage. And I'm in the ranking No.1 and 2 sometimes. However, on the next day, my account was disabled and I'm not able to login again. I went to live chat and the person told me that there's no such account. Until I forward the email during my registration to the backoffice, I was informed that my account had been terminated due to *suspicious trading activity*. I have ask for more details and the next email was saying according to their technical analysis trade department, that there's some few pairs of account which having almost the same activity which believe to be hedging on each other that involved major pairs, reversal pairs. I've even called to their office and they said their decision are concrete and no more further changes to be made. They have terminate a group of account and worst is I can't even take back my initial deposit of USD1000. I want my money back.
 
Which broker was this? From the name of the competition, one comes to mind, but I don't want to implicate the wrong broker.

How did you deposit your money?
 
The name is iron fx. Deposit using skrill. They say once the competition is over, they will return me the USD1000. They don't even have evidence of what they saying.
 
I think the best solution in this case is to invite them to reply here. Also, add a review on their review page
 
Back
Top