Beaware
Our research team find this broker as illegal broker with no regulatory authority

  Iron Fx

Admin August 22, 2024

Summary

IronFx is a forex broker blacklisted by Forex Peace Army and declared a scam for its actions against the clients. We recommend against doing business with this company. Iron Fx offers MT4 trading platform available as desktop, mobile or web trader versions. IronFx.com trading instruments include over 85 forex currency pairs, cfds, commodities, indices, futures, shares, gold, silver and oil for your personal investment and trading options.

Not regulted

Meta Trading Softwares Used

MT4

Reviews

Gerard_1
1/5

They will 'eventually' steal your money, so beware and stay away!

Henrique fx Minas Gerais
1/5

GARBAGE A THOUSAND TIMES , EASY TO DEPOSIT , IMPOSSIBLE TO WITHDRAW

PaulBennett
1/5

SCAM SCAM SCAM I invested £1250 with this company, my account balance disappeared, today they advised me the balance had grown to £28000 in 8 weeks and that it was transferred to Bitcoin account via Coinbase, they have supplied me a certificate. Today they advised me that if I want the bitcoin balance transferred back to my trading account it would cost me £4,800 which they wanted me to pay up front!!! Needless to say, i didn't. DONT BE CAUGHT OUT !!!!! No doubt I will get an inane rebuttal of these facts it is all BS. If you are tempted to invest with them uses a credit card so that your bank will refund and take up the case themselves

daryus brown6
1.4/5

Very disapointing, after turning £100 into £500 and withdrawing £250, my deposits has now been refunded without explanation and my profits gone.

Csaba S
2/5

SCAM company, they stole all my money back in 2015, when the Swiss removed the peg. I was shorting usd/chf, had a big plus. They didn't pay! Stay away from this "company", no regulation, no rights!

Anuwat
4/5

I took the advice to choose one instrument to trade until I mastered it. My instrument of choice is the GBP/JPY because of its volatility. Its price is dynamic and during the trading day, more trading opportunities are offered. It is really an existing instrument to trade. It is suitable for beginners since unlike EUR/USD the price is indeed moving.

Magret May
1.6/5

I had withdrawal issues with this company. The website address on my DISPLAYED PICTURE resolved the issue

Brian James
1.7/5

Scam Scam Scam Do not deal with this company they are nothing but scamers I got done for 30.000 pounds the broker David Johnson he took me hook line & sinker DJ he calls is self he wanted to be my trading husband what a laugh doesn't care you he hurts along the way as long as he can get your money a blink of a eye 30.000 went down the drain steer clear of this broker he's just a low life out there to Scam your money if I could give no stars I would you are nothing but low life scamers you take my money and laugh all the way to the bank you are just low life scamers

Kitty lott
2.3/5

Absolute scammers! Worked with them for months as an affiliate until they just stopped paying and stopped replying to my emails. Have got 4850 USD in my dashboard and no possibility to withdraw.. every email is getting ignore. Stay far away from them as a client and affiliate! There is much more better brokers available to work with as an affiliate and customer. No need to lose your money with them!!

Jesus Pacheco
3/5

withdrawal, gave them wrong credentials. We figured out where the payment went, they solved it thankfully, but took more than a month. Got the payment rn but it was real rough =(

Dutchy
2.1/5

I believe that IronFX employees are misleading their customers. According to them, starting with € 1,000 is a nice place to start. Once you have deposited the money, you will immediately be asked for the next amount. The risk management is really bad. €1,000 gone within 4 days. Stay away from an organization like this!

Runar Tahija
3/5

I came into this financial industry a while ago and I’m still trying to figure out how everything works here. Fortunately, I didn’t have any serious troubles with the registration process and everything happened pretty smoothly. They offer seven trading accounts for customers but as a rookie trader I just chose a standard trading account with usual conditions. Mayble after a while I will switch to another one!

Ben Ryan
1/5

I knew 12months what I know now about this corrupt company I would not be 80k down. The previous comment about the deposit - yes they are rapid at taking your money what happens after is a journey down hill… until you lose every penny and then you will be asked to redeposit. They are a bunch of crooks…

James
1/5

My contact at Iron FX was JONATHAN JOHN IRWING. He contacted me on numerous occasions mainly to encourage me to increase my investment. In total I sent £5,000 to Iron FX and initially was told profits in the region of £2,000 had been made. Irwing informed me the maximum loss that could be made on a transaction was 10% All of a sudden I was unable to log on to my investment account and the numbers I contacted Irwing on were all blocked. Have now heard nothing for over one month. In my view this indicates SCAM SCAM SCAM

Adele Carrahar
1/5

This is a sophisticated scam. You are allocated a business manager to help you trade using the AI algorithm. In reality they deplete your account while telling you you are making profits. They say you can't see these profits because they are reinvesting them on your behalf and without your permission. They allow you to make small withdrawals to build up your trust. I lost a lot of money in a matter of days. Since I have written my review 3 very positive reviews have been posted. All written in the same style. The positive reviews are written by the scammers at Iron FX, please don't learn the hard way like I did.

FK
2,6/5

Stay away from IronFX. I opened a swap-free islamic account and just a week ago the company decided they will start swap charges. There was no notification, just a call from my account manager apologising that he just found out and £350 was charged without notice. Then I was told to close my open positions at a loss, to avoid more swap charges. Lost £500 and now they won't respond to any correspondence! STAY AWAY - WORST TRADING COMPANY

Ian
1/5

Initially very helpful when opening account and making a deposit. I was given an account manager ( Nemanja ) who contacted me to advise what would be happening. First week there were small gains and losses then in 24hrs all gone, account empty. Tried to contact but completely ignored , no reply to any e mails, even the lady that signed me up ( Jovana ) ignored my e mails. I requested a trading history for the account but this was never received, so they could quite easily just have taken the money without having to explain. I fully understand that investments go up and down but as I kept figures and dates of the account balance it was very suspect how it disappeared.

piyapon
4/5

i was enticed by the trade copier which is a cool way to make money and do almost nothing. it's not a mysterious recipe for success, because you should carefully choose the leader to follow, not all of them provide interesting and more importantly lucrative strategies and they also make mistakes. i tried manual trading but decided to stop at copy trading so far. i will continue observing...

Mary Papantoniou
1.9/5

Do not use this broker. They make it virtually impossible to withdraw your money. They have failed my withdrawal request via both bank transfer and card transfer. This has been ongoing for 2 months. I’m not sure if they are scammers or just some backyard operators. Don’t bother with them. Find a more reputable broker to use to save yourself the pain that I am going through.

Pankhania
1.9/5

Had a dedicated account manager (Michael) that neglected my account. The account manager gave my account to another person (Jonathan) who did reckless trades without any SL in place and for large lots sizes. Despite me telling them not to trade they still did and account got wiped out. Then i received another call from their debt collection team saying they can help get my loses back and with low risk, like a fool i put in a bit more money and guess what again trades were made recklessly and neglected the client. Do not work with them especially Michael and Jonathan! i should give their full names but i won't stoop to their level. Just don't use Iron FX