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Frequently Asked Questions
Iron Trade appears to be 100% unregulated. IronTrade.com's website says it is owned by Rosco Solutions Ltd, which is registered with the Saint Vincent and Grenadines FSA.
Traders should be aware that the SVGFSA has publicly announced that they do NOT regulate binary options trading, forex trading, or cryptocurrency trading.
As far as we can tell, IronTrade is not registered with any real regulator.
Inside the USA, only a tiny number of brokers are licensed to offer binary options. Iron Trade is not one of them.
A number of other countries, including Canada, Israel, and Belgium have outlawed binary options. Many more have issued warnings against or advised caution dealing with binary options brokers.
CLICK HERE to read what the American FBI had to say about binary options.
The FPA recommends extreme caution dealing with any binary options broker. If you do decide to trade binary options, the FPA recommends checking with your national financial regulators regarding the legality of binary options trading in your country.
IronTrade.com is a binary option broker. Iron Trade's version of binary options is for your to bet if price will go up or down within a specific period of time.
If you win, you win 80% of the bet. If you loose, you loose 100% of your bet. IronTrade claims that they get 10% and some "market maker" gets 10% of winnings.
The FPA has never seen any real external market maker or LP for binary options trading.
IronTrade's profits really come from the gambler/trader's losses, which are 100% of the bet. IronTrade keeps those.
According to some of the traders' reviews at the FPA, IronTrade may be manipulating the charts to make sure traders lose.