IronFX in trouble - Court cases and employees fired by 100s

I really hope regulators will take actions, many people complains at FOS https://help.financial-ombudsman.org.uk/help ( FCA ).
If they were unregulated you can't complain, as they are regulated you have more chances to obtain something.

IRON FX is not going to send me money back, my withdrawal is pending from February 2015. No emails, no info, no calls. I made 90 percent profit of my first deposit (it takes 1 week, I made about 25 lots, european trading account). This broker was ok in 2012-2014. From 2015 can not believe, what is going on inside the company. Account managers can not help to the clients. The Board of IronFx treat clients like a sh.. I regret that so many people have used for malicious purposes. To be continued..

On march 11 2015, i have done a one withdrawal, and ironfx payed me on the same day....

yehhhhhhhhhhhhhhhh bullllllllllllllllllllllllllllllllllllllllllllllll shittttttttttttttttttttttttttttttttttttttt

Actually the bull shit is you...i have the proof jack ass

well come up to the challenge neerash82 pop your proof here , bet you cant lets say you work for iron come on make my day or fade away proof is the only truth so come on big guy or big girly come on show ussssss

Here is the proof landed to my account

seems you don't provide the proof show me trail even I can do what you do

. RM374 is only $100. Then Ironfx attract you to deposit more,then you deposit $1000.
finally you try withdraw $3000 and oh my god. I have been scammed

Yes guys they are real scam brokers my deposit of 5000 usd and profit of 4970 usd struck since nearly a month now. Typical email to all when you withdraw stating your account is under investigation for potential irregular activities as if there is anything in forex which can be irregular except brokers who can play with you by inducing slippage or increase spreads at will or requotes etc. I guess they were ok till Jan and after the swiss rate decision they are in big soup and they do not want to admit but reality is they have lost lot of money there so now playing with withdrawals. I fear they might soon close shop and run away with all investors money. Let us all fight them to get our hard earned money.

regards
Balaji

iron forex Fool customers

Name of the CIF : IronFX Global Limited
Full Names of the person/s you have contacted at the CIF : Sergios S - Mohamed Ali Al Masri (Arabic) - Christos – Solomonides - Amr Almassry (Arabic) - Najib Kassis (Arabic)
CIF Address: 2, Iapetou Str., Agios Athanasios, 4101 Limassol , Cyprus
CIF Website: http://www.ironfx.com
CIF E-Mail: [email protected]
CIF Phone Number: +35725027000
Your account number: 22049679


Complaint's Cause : clients assets (withdrawal Problem)
Financial Instrument: Forex
Complain Summary: I'm having a problem in withdraw my profit from IronFX , since almost two month , even now i'm not receive any amount from my requests, I'm having a Delay and slow and Excuses transactions in requests withdrawn. (i have copy print screen from all this, and i have all message chat with all support)
And show you the details of my problem since its inception in the following lines :
My account number (22049679) start my problem almost Through this date 12/27/2014 , when I'm requested withdraw 200$ , and delay this withdraw , in same day I send message to my manager account ,i say him about this delay, and What is traded on Web sites about company regarding the delay in the withdrawal of the company's profits, same as my problem , and his response was that the person who is talking about the delay withdrawal this is a crazy person (I have copy from this message).
Since this time I'm feel that the company is no longer as it was before, and what was say about the company on websites true, then came the biggest problem Which I'm speak to you now because of them.
in 12/27/2014 my account balance 5021.50 dollar , and i'm requested withdrawn this amount from my account ,first of all, delay this process and i'm spoke with Andreas K. (support) , 01/27/15 09:20:03 pm GMT+2 ,and he said "within the end of the day your withdrawn request will be approve" and i'm spoke again with Paolo C.(support) , 01/28/15 05:25:25 pm GMT+2, but declined in 02/29/2015 , in 02/01/2015 i'm requested withdrawn same as amount Once again , and i'm spoke with Sergios S (support), 02/02/15 12:16:08 am GMT+2 and he said "Sergios S 12:46:11 am Great sir It is currently on pending it will be reviewed as soon as possible"
in 02/02/2015 i'm spoke with Mohamed Ali Al Masri -(support Arabic ) Mon, 02/02/15 12:28:17 pm GMT+2 , and he said , you must withdraw amount 3783.50 only , because the rest amount it bonus , i'm did it in 02/03/2015.
in 02/05/2015 , has been withdraw this amount from my account , and i'm Receives message from [email protected] Confirms this .
even 02/15/2015 and even now , i'm don't receive on any amount from my account , when i spoke with Sergios S(support) 02/18/15 10:06:09 am GMT+2 , and requested from him copy from swift , he said "Sergios S10:18:00 am GMT+2 , Please send an email to [email protected]",
and i'm did it.
but in 02/20/2015 when i'm view page my transaction history , i'm found amount back in my account , and recieve message,stated "Dear client,
We would like to inform you that your account is under investigation for potential irregular trading activities.
We will inform you of the progress of our investigation in due course.
Kind Regards,"
and Was changed status my transaction history after 15 day from processed to declined.
from 02/02/26 even now , after speak with support (Mohamed ali elmasri - arabic ) , and speak with partner company (Ahmed Elsayed) , i'm open new account number (22058192), and request withdrawn amount 2000 dollar from my account number (22049679) and transfer Remaining amount 1783 dollar to account number (22058192), Even the company know that I do not want to get out and I want to continue it, may be the withdrawal of funds from the account quickly , but company continues to delay the withdrawal, and so far have not been.
(i have copy print screen from all this, and i have all message chat with all support )


I challenge the company in prove that I'm hadger

Would be worthy 1 minute reading to take a look at what Chinese media has made out of this saga: http://industry.fx168.com/news/broke.../1448266.shtml


"With the shock of the Swiss National Banks decision still rippling through the markets, many brokers have　suffered losses. However, the IronFXs reputation has been recently tarnished by numerous reports in the Chinese media alleging improper business conduct, culminating in a number of clients storming IronFXs offices in Shanghai. More recently, allegations has been filed at court, alleging that the company is withholding withdrawals of client funds without providing a sufficient reason for its actions.

"While the Withdrawal Restriction incident continues growing in the Chinese market, many investors have started to question whether IronFX is operating normally. For this reason, FX168 has specially sent a formal business letter to IronFX to inquire the related situation.　 Today (5th March), IronFX has replied officially that the withdrawal restriction is against the welcome bonus abusers. IronFX has also reaffirmed that they operate a customer-centric policy, and strictly comply with regulatory bodies on company capital requirements.

"IronFX states in the reply to FX168.com:

IronFX has identified a group of traders who are using an improper strategy to abuse the companys promotion. According to the terms and conditions specified in the IronFX promotion terms, IronFX is utilizing its rights to investigate these abusers, and as a result, has restricted the traders who abuse the promotion from withdrawaing. IronFX continues to investigate thoroughly those noncompliant trading activities, not only to protect the company, but also our clients interests, of which there are over 500,000 active trading accounts.

"Previously, IronFX has mentioned in an open letter entitled Forex Market Justice: Whose obligations and responsibilities that "Recently, in some Asian emerging market countries, some immature traders suddenly become speculators. Moreover, they claim themselves as arbitrageurs who carry out unethical speculative behavior in forex market. This disturbs the order of the forex market to some extent. A healthy market is not supposed to have these kinds of investors." This means IronFX has started to review and rethink their growth strategy in emerging market countries. As one solution, they will focus on improving the education of new investors in emerging markets. Fx168 will continue following the progress of the IronFX withdrawal event report. Please stay tuned."

Guys as i am new to this forum i will like to have your opinion regarding this, i can see a lot of people frustrated from their services and many articles against them, this couple of day i came across with two articles that got me thinking. First of all how comes a broker that has been taken to court from many clients being visited by the president of the same country (http://www.fxstreet.com/brokers/news...a-92a2296f81a4) like nothing is happening. This shows me that they dont really face any threat, if i was a president i wont go to a scam company. And in addition to that look what i came across yesterday (http://leaprate.com/2015/04/leaprate...ng-fake-blood/) Why somebody that has every right according to him to claim his money doing something so stupid ? i still have my doubts about them but all this fuzz makes me questioning the whole stories around them.

Listen I know people inside the company. You are probably banned. The broker do that every time to play on time. Your profits could be cut by the broker before the withdraw. I know many people who have the same situation. Account manager is not going to help you. I know all of that.

How do you know that he is banned ? there is not any proof of why his transactions are declined and also as you seem to know things and people can you provide me an answer on my previous post ?

Dear client
Your account is under investigation for potential irregular trading activities

Anyone received the same above email but still received their withdraw??

1000'of courses and mentors in how to learn forex market im almost done with it but the problems in the brokers how to find true and decent one
many scams brokers actually out there. what the governments and regulators are doing about those brokers....and why should we spent time reading articles and
trading while everyday we discover the broker u dealing with got bankruptcy or he is scammer ....shall we we say as

Why on earth is the regulator still ignoring the problems, and when will the mass end up with a conclusion?

That is my question as well Vane3tc, if all these are correct why we are not seeing any action from the regulators or any other institution. So far they are saying that they are regulated from 8 different ones without any fine from any of them! Also another point is that i believe they are have a lot of clients why is it that we see posts from 10-50 people and not mass complaint as thousands ?

Hello friends and traders

Regulated may means the brokers paying subscription annual money to regulator to get the license number.
may be nothing more than that. It is proved that regulators doing nothing to Ironfx. Ironfx is free to hold client money for unlimited period.
Are you agree, ironfx victims?