IronFX Discussion

I am also a victim of IronFX. I am trading from Germany, I opened an account, made a deposit, made a profit (100 %) and tried to witdraw my initial deposit, first.
The witdrawal request has been pending for 3 weeks.
Like you, I received the mail "Dear client, your account is under investigation .....".

I am reacting as following:

1) I have published the story on my German blog http://www.devisen-traden.de/ironfx-...erzoegerungen/

2) I have sent a complaint to the FCA ombudsman under [email protected]

3) I have sent a complaint to the CYSec under http://www.cysec.gov.cy/en-GB/complaints/cifs/

3) I have sent a complaint to the German Regulation Authority (BaFin) about fraud according to a Ponzi Scheme

In this regard I will press criminal charge against the CEO of IronFX in Germany (fraud and delayed filing of insolvency)

4) I have sent warnings through Twitter (we strongly recommend against doing business with IronFX)

What can we do?

Mine exactly 2 months for today still they dint give my money back.
i complaint to regulators about the great IRONFX with all proofs its like no one will hear us, i think its no use at all. so sad.

Dear MissV,

NEVER EVER INVEST WITH IRONFX
IRONFX IS THE SCAM BROKER
DESTROY THEIR MARKET VALUE
STOP OTHER TRADERS TO INVEST WITH IRONFX
KINDLY SAVE OTHER FOREX TRADERS

Ironfx is probably the biggest and most definitely the fastest growing Cyprus based broker, and for the past year a headliner maker and magnate for speculations and accusations. Controversial bonuses, unorthodox promotions, aggressive sales strategy, rumored IPO, firing or hiring tens of thousands of people, opening or closing thousands of offices, hundreds court case...

Bottom line is, whether we like it or not, ironfx is still there, and still growing. In this aggressive industry where the one could care less about each other and the weak will be eaten alive in no time, survival will be the fittest and merciless. The Year of Goat for Chinese is usually regarded as an ill-fated year, only more time will tell whether ironfx will make it through in this post CHF era.

Dear IronFx victims,

please join my facebook group "IronFx clients"
https://www.facebook.com/groups/1404743076509293/

The group is intended to be international

A lot of people from all over the world are being scammed by IronFx
We can discuss and implement common actions.

We don't have access to FB here but hope all works out for you and your group Miss V.

You can join our petition, if you like, under

http://www.forex-trading-italiano.de...clients-money/

Just came across a news and find its EN version.

http://news.163.com/15/0413/23/AN4ADTUS00014AED.html
http://www.fxstreet.com/brokers/news...a-92a2296f81a4

"Impressive" lobbying power of Cyprus brokers. No wonder hundreds of FX companies boomed on one Mediterranean island.

But, political show aside much more serious effort is needed to keep your partners and clients content.

Why there is lot of complains against the IronFX?

The complaints are due to the fact that IronFx simply don't process withdrawal requests.
Withdrawal requests of thousands clients from all over the world are pending for weeks or months.
The situation is now escalating, clients money seems to be frozen. IronFx is possibly insolvent.
Please join our petition under
http://www.devisen-traden.de/petitio...is-von-ironfx/

or join our facebook group under https://www.facebook.com/groups/1404743076509293/

You can access facebook by download free VPN. Www.hotspotshield.comInstall and connect and you will be able to access facebook

Thanks bro. The thing is, when everyone else here is banned, it diminish its function as a social network...

Jeffzhou. Facebook is only banned in China.i guess. But you connect to all other ironfx victims around the world

@ John, for the record I did not see myself as a "victim" of this broker or any others for that matter. I made my own choice about brokers and could care less about any promotional gimmicks---- as you always have pay for what you get. Simple as that. It took me 1 day to open my account and deposit; and up to a couple of weeks to get my money back with many convincing yet seemingly ready excuses. But I fought back the same way when my bank charged me extra "maintenance fees" or my mobile company only let me deposit-in but not allowed withdrawn-out from my topped-up account after I moved to another city with different operator. First case I did not hear back from the bank yet; and second case they allow me to withdraw only CNY100 limit per month with strictest conditions (my presence & ID).

The thing is, be careful before you choose any of them and try to lower your risk, for example never keep all the eggs in one basket. If something is too good, it is definitely not true. For serious traders, there are more choices out there than this brokers. But the nature of the industry is the same with other service industry: your money is "easily in" and "hardly out". And the rules are always at the other party's "own discretion".

For me, one of the head Sales stated that since the account is not under investigation also hopeful that I get the money back. Open an account and Mirra were hedgeljem out the money. I do the mirror account much more than what you paid it, and then if I win there the rest of my account. There is no other solution will be adopted. If you need the money, you have to do

I didnt understand your point balacy however i understand that your using their mirror account, is it so good as they describe it ?Is it profitable?

If there is no chance to get the withdraw. How??

@ john, as long as you are not one of their targeted hedging clients---- or unilaterally convicted "abusive traders", you should be fine.

It appears since last week more and more (we are talking about hundreds or thousands here) Chinese traders are getting their withdrawals back.

Good luck bro.

I'll never after a broker is not who has not paid off.

What is the guarantee that they can pay off the money he won?

Jeff. How can you know thousand traders are getting their withdraw back? Are you internal ironfx staff?
Many clients connect from forexpeacearmy and other social media also said not getting their withdraw yet. Some more than 2 months and 4 months. Any abusive traders blamed by broker should be proved by evidence otherwise is Scam.
Any bonus broker can simply say abusive trader as a reason and block all clients money without evidence. The broker will be rich