IronFX review: multiple regulatory warnings and guilty votes by traders court.

These guys like every market maker have A book and B book , They 'll watch your trade history for a while to see if you are a good trader and when they find out you really know what you are doing they will start manipulating the charts , manipulating the spreads and they will hunt your stoploss too , i have some dollars frozen with them since 2019 , before covid sh*t , they cancel all my withdraw requests , pure garbage . Cysec License is toilet paper , these *&5$+# doesnt do anything , DONT PUT YOUR MONEY IN CYSEC BROKERS ! SEARCH FOR ASIC , NFA OR FCA REGULATED BROKERS

I can't restore my account. I have registered this to them by chat some weeks ago and they asked me to send a email to their support. I ave done this, but until now they didn't answer me and didn't solve the problem.

After 8 years, Ironfx continue to refuse every withdrawal, in pending from months, before being cancelled. In 8 years only one mail, money blocked with an excuse: abusive trading,then complete darkness, no communication, no response to emails, on the phone, NOTHING.Even the Financial Ombudsman of Cyprus is corrupt, he wrote me a series of shameful lies to reject my complaint, meanwhile the CPS also declared their terms and conditions ABUSIVE, but nothing happens for the customers..Why Cysec does not close this cursed broker???How can they continue their work with millions in customer debt? My account : 15001690 On my account about 11000 euro

Jun 6, 2018 - 1 Star My story is on the forum, under the eyes of everyone, everyone on this forum is smart enough to understand between you and me who is the criminal.
I will fight until the end, every day, because you stole my family's money from me. You stole everything from me, deposits and profits !!! You are people without conscience, you are people without fear of God, you are joking and laughing, you make fun of people, no respect for anyone, people are ruined but you ignore everybody, go for your way. No authority stops you, all accomplices of this scandal, but the moment of judgment will come for you too, you can be sure ... Three and a half years waiting, three and a half years of suffering, three and a half years of prayers, but my money still in your hands

Mar 13, 2018 - 1 Star Terrible broker, has cheated thousands of people all over the world, but continues to operate under the eyes of all the competent bodies. This is possible because Cyprus is a corrupt country. It s now 3 years that they do not return my money(They do not return even my deposit).
I appealed to the Financial Ombudsman, but they too were bought with iron money, like the lawyers they pay to try to cover up their shameful story.
Shame Cysec, shame FO, shame Cyprus !!!! Do not pay money to them, they're already lost ...

Reply by IronFX Officer submitted May 1, 2018 Dear marc56,

Thank you for your most recent posting.

Your case has been repeatedly discussed (see e.g. posting #218 above - http://www.forexpeacearmy.com/community/threads/ironfx-whistleblower-corner.53703/page-22#post-310752).

For the record, we note that in all your repeated postings on the FPA site, you have chosen to intentionally conceal (i) the true facts of your case and (ii) the fact that you had your case already judged and rejected by the FOS. This defines the defamatory nature of your repeated and baseless postings.

We welcome any further factual comments that you may have.

Thank you

I tell them to verify the account with the driver's license. But I have never been able to withdraw my profit. Selecting the withdrawal option tells you that the server is not available for any means of withdrawal. I already resigned myself to the fact that I lost my money. It is still very difficult to operate with this broker because the spreads are too high. For a person who is just starting to operate it is very difficult to generate profits... also this broker uses real people to influence you to work with the broker where you they join a vip telegram group and send you signals all day long and very few end in profit... these influential people are in charge of brainwashing you by promoting luxuries and profits that they have generated through trading, but this is only to influence people to invest in the broker... BE VERY CAREFUL OF FALLING INTO THIS SCAM.

Para poder hacer un retiro de tu cuenta debes realizar una verificación de identidad que nunca es a tu favor. Siempre el documento no es el indicado. Además me di cuenta que los graficos no son los reales, a parte que los spreads son super altos. Realice la prueba con una cuenta demo en MT5 y la cuenta real de ironfx en MT4, monte las mismas operaciones en ambas app y es muy evidente la manipulación de los gráficos en cuando incias sesion en MT4 con ironfx.

Every time we make a profit, IronFX removes our profit by making corrections under false pretenses.
Never work with this broker. 1000% is a scam.

این بروکر هربار که سود میکنیم به بهانه ها واهی سود ما را برمیدارد و اصلاحیه میدهد.
هرگز با این بروکر کار نکنید . 1000 درصد کلاه بردار است

You will be pleased to learn that I complained to ASIC about the scam operating as ironfx.com.au in Australia. It was just a front with no clients but had an Australian financial services licence to operate as a Forex broker in Australia. Scammers ironfx.com operating as a global fake Forex broker supposedly out of Bermuda was conning Australians into joining them saying that they had an Australian financial services licence when they didn't, only the Australian version did. They then sent fake documentation to the client saying that they were with the Australian version when in fact they weren't. The ironfx.com.au Australian version now does not exist but they have a website called ironfx.com/au which does not have an Australian financial services licence and is conning Australians into joining that thinking that that is the Australian version. 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. ASIC and MasterCard let's them get away with it. At least I shut down the ironfx Australian office like I told them that I would do.

Dec 25, 2021 - 1 Star Ironfx.com does not have a license and so is a scam. 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 reality it is just a demo account and you won't be able to withdraw anyway. I informed the Australian Securities and Investment Commission but they are completely incompetent and would not know a scam if they fell over one.

Oct 23, 2020 - 1 Star You can only deposit with World Pay who don't care if the money goes to scammers. These guys used to be legit but have obviously found scamming to be more profitable

Oct 16, 2020 - 1 Star They have upgraded theirAustralian ironfx.com.au website so that you can't log in using your ironfx.com login details. But you still can't register with their com.au site because Australia is not in the list of countries where you reside.

Sep 28, 2020 - 1 Star It is clear that ironfx.com does not have any license, it does not even pretend to have a license on its website. The problem is that they ring people up and pretend that they have a license in the client's country. They have licenses in certain countries under slightly different names but they get the client to join ironfx.com which has no license. If you try to register with their com.au site the website does not have Australia in the list of countries where you reside. They will tell you that they have transferred you to the version where you reside. If you email support about this to clarify where you stand, they will not reply.

Sep 23, 2020 - 1 Star It is not possible to open an account with the Australian ironfx.com.au because when you try to register you can not choose Australia out of the list of countries where you reside. If you choose another country it will direct you to their .com site which has no license. By the looks of things it is no longer possible to join a licensed version of the broker.

Sep 14, 2020 - 1 Star I have reported ironfx and Notesco to ASIC with comprehensive information. From what i can find Notesco is no longer in Australia and any phone numbers I can find are disconnected. They still have an AFSL license number when you look up the ASIC website.When you go to ironfx.com/au it tells you their AFSL license number and a phone number which is disconnected. When you log in it takes you to their .com site which does not tell you an AFSL license number, but it says the company is based in Bermuda. Why ASIC has not cancelled their license yet is puzzling but I think it is just a matter of time.

My account number is 12112765. IronFx tried to take advantage from Muslim account by complain about SWAP free abuse.
I am a long term trader. IronFX Live chat allow me to hold position for maximum 10 days, so I hold my position for 10 days. I always ask before trading especially exotics currency. Live chat said yes, no problem.
On October 21, 2021, After I got profit $3710, IronFX took all my profit away, and complain about my SWAP free account. ???
To all Muslim traders, please stay away from this scam broker as far as you can. This broker will take advantage from you whenever you get profit.
IronFX will find a way to reverse all your profit away. It is the way they run their business.

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.

Trading was okay - there was a delay in positions being opened, but they always seemed to open at the price that was active at the time I clicked the market order. That is, if price moved after I clicked enter, my position would be opened at the historical price, rather than at the current price, so that was completely fine with me.

I ran the account up about 60% over 7 months, and then was able to withdraw the money fairly easily. They needed an additional document which I provided, and I got the money in my account via bank transfer in 2 days which I believe is completely fine.

I did have some connectivity issues over MT4 with the trading server, which I resolved by getting a VPN located in London and connecting through there, and after that I was connected all the time with no issue. I think their no commission account is very good.

Overall my experience was fine and my review is here just to provide context.

I've send the documents asked to get my account verified but made a big mistake of depositing 1K € before getting my account verified.
Now Ironfx have my documents for almost 3 months and my account verification is still pending, I can't withdraw my deposits nor can't I trade with that account and also I can't withdraw before my account is verified.
Every time support was contacted, one different reason was given to justify the " delay ".
I've send an email directly to them but no reply to this date.

I've been using IronFX for about one month, account type is "Zero Spread".
In one word, I think this FX broker is between middle and bad.

The experiences about customer service, deposit, withdraw are not so efficient. For example, you need to wait for several hours when using credit card deposit. But all these are still acceptable if not in urgent.

The worst experince is the most important part, TRADING!!!
I'm trading on MT4. I found that my order price is quite different from the price shown on MT4, usually you'll get 1-2 pips loss!
It should not be the slippage, because most of the time, the markt didn't move rapidly while making the order.
This "strange price" problem will always happen.
According to my trading history, about 90% of the time, you'll encounter this problem.

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.
So, it's hard for you to use their platform to make profits, especially for scalping trading.
I've asked them to compensate my loss, but the result is, they think it's the slippage.
Um...1-2pips slippage...please leave this broker!

I don't want to put the trading history here, it's too much.
But if you want to see the evidence, please send me your email address.