Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 1000:1 |
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Minimum to Open Live: | $100 |
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Established: | 2010 |
Address: | Bermuda |
Contact: | support@ironfx.com, +44(0) 203 282 7777 |
Regional offices: | |
Regulators: | |
Prohibited countries: |
Trading platforms: | MT4 |
Web Trading: | Yes |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (85+) |
Cryptocurrencies: | |
CFD: | (5+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
PAMM: | Yes |
Deposit Methods: |
Withdrawal Methods: |
IronFx.com profile provided by IronFX Officer, Oct 27, 2017
IronFX is the award-winning Global Leader in Online Trading, with 10 trading platforms and over 200 tradable instruments in forex, spot metals, futures, shares, spot indices, and commodities. IronFX serves retail and institutional customers from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America while providing support in over 30 different languages.
IronFX clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage teams. The IronFX customer-centric model offers top trading functionalities through its platforms combined with the widest suite of products at the best pricing and execution. Daily market news feed and insightful research give clients access to the best information and data to make informed trading decisions.
lronFX Group complies with international regulatory standards and different entities in the group are authorised and regulated by the FCA (UK), ASIC (Australia), FSB (South Africa) and CySEC (Cyprus).
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Traders Reviews
Fraudulent Scammers , stoled my money !!!
Service use: Live
Length of use: 0-3 Months
info@ironfx.com,
support@ironfx.com,
introducers@ironfx.com,
funding@ironfx.com,
trading@ironfx.com
Do not invest with them if you don't want to lose all your money!!!!
Service use: Live
Length of use: 0-3 Months
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 ironfx.com.au 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 it's 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 ironfx.com.au 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@ironfx.com 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 ironfx.com which has no license. By the looks of things it is no longer possible to join a licensed version of ironfx.
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 ironfx.com 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.
IRONFX VEL NOTESCO LTD TOOK MY EARNED MONEY
Service use: Live
Length of use: over 1 Year
The last of these situations follows
On 27-07-2020 at 16:43 I was deprived of all funds from my IronFx account number 13109448 and leverage 1: 1000. All my EURUSD deals were closed at 1.17616 within 3 seconds. There was no such price at this hour. There was a maximum price of 1.17575. Earlier at 3:10 PM the price was above 1.17616, and I had around $ 40,000 in free funds at the time and kept checking my account by opening opposite BUY positions which significantly inhibited the loss of free funds.
At 4:43 pm with around $ 30,000 in free funds, all of a sudden all positions closed at 1,17616, which was not there at the time. This price didn't come until 5:33 PM.
That's how it is possible to close all my orders at one time, suddenly. I have been trading in IronFx for about 8 years, having full confidence in the IronFx Company and this happened to me, but it was followed by closing orders, but never at the same time all orders were closed at the same time. Friends of traders say that the reason is probably a short-term change of the lever to a much lower one, and then a return to the leverage 1: 1000
Let me mention that the trade was not dynamic at that time, but the increase in the EURUSD price was very slow. In the simulator, with my starting amount of $ 117,000 at 20:00, the current profit was $ 46,615. I had a large reserve of funds, and for some unknown reason my account crashed. Attached screen.
I believe it was impossible to suddenly close my account due to my mistake.
In the meantime, I asked for an analysis of the resulting situation in people dealing with trading.
All three people agree that the reason lies in the lever that was briefly changed at 4:43 pm.
None of the competent persons at IRONFX VEL NOTESCO LTD responded to my complaint showing my error.
MORE DETAILS AND SCREENS ARE AT::
https://www.forexpeacearmy.com/community/threads/ironfx-vel-notesco-ltd-especially-earned-money-escape-this-company.67068/
Almost two months waiting for Withdraw from Ironfx
Service use: Live
Length of use: 0-3 Months
I have been waiting for my money and to close the Ironfx account since 11. June 2020 (1 month).
Terrible service,not recommended at all
Service use: Live
Length of use: 0-3 Months
legal money stealing! - no help from CySEC and Cyprus Ombudsman
Service use: Live
Length of use: 6-12 Months
This is the Company's final response. The Company reserves the right to take all actions necessary in relation to the aforementioned abusive trading activity."
IRONFX bad experiences
Service use: Live
> sure 30% profit per week
> 50% bonus good money
I doubt it. It then called Mr. Seiler: Hello Mr. Kurz,
I'm the Sascha Seiler, have talked last night, I'm a senior broker on CFD for 16 years.
I have completed undergraduate degrees in Harvard for Finance Economics, Master and DR in Oxford for Finance, I apply for 12 licenses as a FINANCIAL BROKER and manage a portfolio of 131 clients. We are reachable under: 00441613941947.
The bank details where you make the transfer will only be found on your Ironfx account as soon as you want to transfer.
on March 21st, 2019 250 € were deposited on IRONFX. A supervisor never got in touch. In April 2019 I saw that the money in the online account was getting less and less until there was nothing left. I had protested emails and messages on the live chat and I was always told that I would get a message. but i got no message and there was no call back. when I call by phone, it is constantly busy. I can't reach anyone. I claim my money back and receive no answer and no refund.
IRONFX is scam and does not process withdraw requests for many years now
Service use: Live
Length of use: over 1 Year
Since then I had my 2017 withdraw request pending.
This is a common financial crime company that operates for years now under the tolerance of regulators and government.
The amount of corruption in Cyprus is unprecedented and its shame that this is a EU country.
IRON FX IS A SCAM
Service use: Other
Length of use: over 1 Year
They don't obey any laws!! Don't ever trade with them!!
Frequently Asked Questions
👮♂️👮🏽♀️ Are there regulatory actions against IronFx?
There have been many regulator actions against IronFx and related websites/companies.
CySEC investigated IronFx and collected a €335,000 settlement from them. This was after IronFx tried to claim that the CySEC investigation was to investigate cheating clients. Later, the Cyprus Consumer Protection office decided against IronFx regarding allegations of contractual unfairness.
IronFx has also been the subject of regulator warnings or actions from Brazil, Canada, and Argentina.
⚠️ Is IronFx a good and legitimate broker?
The FPA believes that IronFx is not a good or legitimate broker. Reasons for this include:
- A history of fake positive reviews submitted from inside IronFx's offices.
- Four separate FPA Traders Court guilty votes against IronFx.
- Multiple regulator warnings and actions against IronFx.
- Continuing complaints against IronFx in the FPA's reviews and forums.
💵 What can I do if I can't withdraw my money from IronFx?
The Forex Peace Army has set up a special thread with instructions for traders who are having trouble withdrawing their money from IronFx.
Please go here and follow the steps laid out in the first post:
Instructions for IronFx clients who are having trouble withdrawing their funds
Service use: Live
Length of use: 0-3 Months