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

  • #41
  • Apr 21, 2015 2:21am Apr 21, 2015 2:21am
In order to be regulated you need to meet their criteria and procedures, regarding ironfx as i have read from some articles this has been done due some bonus abusers and the issue is on the way to be resolved.
  • #42
  • Apr 21, 2015 3:42am Apr 21, 2015 3:42am
Quoting Kotowskifx
In order to be regulated you need to meet their criteria and procedures, regarding ironfx as i have read from some articles this has been done due some bonus abusers and the issue is on the way to be resolved.
i'm in this a problem till now , from month 1/2015 till now , and no sloved till now
  • #43
  • Apr 21, 2015 4:10am Apr 21, 2015 4:10am
Maao2004. It is 3months already. How much Ironfx holding u money?u complaint regulator? Cysec and FCA,UK?
  • #44
  • Apr 21, 2015 4:13am Apr 21, 2015 4:13am
Quoting Huss70
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


You need to read about them make a research and then test them with low amounts in order to have a complete image regarding them. My personal opinion is that forum dont really assist you for choosing a broker and my logic is simple, any of the big brokers have thousands of clients but on the forums you can see only a small number of them and usually are complaining, most of the times they are other not experienced traders or fake users or dont know what they are sign up for. Therefore my suggestion is test some of them and make your own mind.
  • #45
  • May 5, 2015 3:25am May 5, 2015 3:25am
In the past the withdrawal process didn't take more than 24 hours and max 48 hours, recently I've requested a refund to a credit card and it was processed within 48 hours, next a withdrawal of profits and it's still waiting for process for more than a week. Whenever I chat with their customer service they say all withdrawals are processed by a queue system and it takes 3 to 5 days, my request has already been under process for more than 6 working days and still nothing happened, I've emailed my account manager but he's not replying and whenever i ask for him over the chat he's always unavailable.

All brokers specially the big ones process withdrawals within 24-48 hours so it has nothing to do with the load of withdrawal requests. There is something fishy going on and everyone should stop dealing with IronFX.
  • #46
  • May 5, 2015 6:28am May 5, 2015 6:28am
I have requested a liitle amount from IronFx a few weeks ago and did not received it yet.
They business is going down. They are in big trouble and have no money.
  • #47
  • May 7, 2015 10:22am May 7, 2015 10:22am
[quote=DreamwalkeR;8244510]In the past the withdrawal process didn't take more than 24 hours and max 48 hours, recently I've requested a refund to a credit card and it was processed within 48 hours, next a withdrawal of profits and it's still waiting for process for more than a week. Whenever I chat with their customer service they say all withdrawals are processed by a queue system and it takes 3 to 5 days, my request has already been under process for more than 6 working days and still nothing happened, I've emailed my account manager but he's not replying and whenever i ask for him over the chat he's always unavailable. All brokers specially the big ones process withdrawals within 24-48 hours so it has nothing to do with the load of withdrawal requests. There is something fishy going on and everyone should stop dealing with IronFX.[/quote

2 possible explanations. One is the broker being intentionally differing the withdrawal payment to accrue the profit for itself; or it actually "takes time" to differentiate these so-called abusive traders. Just look at how long it took for Alpari UK administrator to move ahead even for the non-CHF exposed traders.

I inclined to believe it's a combination of both.
  • #48
  • May 7, 2015 10:33am May 7, 2015 10:33am
Quoting JeffZhou
Quoting DreamwalkeR
In the past the withdrawal process didn't take more than 24 hours and max 48 hours, recently I've requested a refund to a credit card and it was processed within 48 hours, next a withdrawal of profits and it's still waiting for process for more than a week. Whenever I chat with their customer service they say all withdrawals are processed by a queue system and it takes 3 to 5 days, my request has already been under process for more than 6 working days and still nothing happened, I've emailed my account manager but he's
...
Then they shouldn't be in the business if they can't handle it, and they should publish it on their website and stop all accounts opening till further notice. There are so many actions to be taken in every case but looks like their management are blinded by greed and this won't take them anywhere good even if they pass this stage. We should expect a rebranding soon.
  • #49
  • May 7, 2015 11:03am May 7, 2015 11:03am
@DreamwalkerR, in an ideal world maybe yes. But in reality when no rules or regulations are forcing you to do so...? It's a business as usual no mater how unreasonable it is.
  • #50
  • May 10, 2015 10:34am May 10, 2015 10:34am
Yes. Jeff. It is strange Ironfx is doing business as usual without any warning from regulator. Where are all regulators? Helppppp....
  • #51
  • May 11, 2015 4:20am May 11, 2015 4:20am
Quoting DreamwalkeR
{quote}{quote} Then they shouldn't be in the business if they can't handle it, and they should publish it on their website and stop all accounts opening till further notice. There are so many actions to be taken in every case but looks like their management are blinded by greed and this won't take them anywhere good even if they pass this stage. We should expect a rebranding soon.


Maybe you are right Dreamwalker however why we havent seen any fine or even warning from there regulators which are 10 as i have checked recently.
  • #52
  • May 11, 2015 4:41am May 11, 2015 4:41am
Guys check the links in this page http://ironfxscam.com/

and submit your complain here http://www.cysec.gov.cy/en-GB/complaints/cifs/

Nothing works fast but at least lets make sure the word is spread globally.
  • #53
  • May 11, 2015 5:34am May 11, 2015 5:34am
Email complaint to :
[email protected]
Cyprus financial ombudsman
  • #54
  • May 11, 2015 7:04am May 11, 2015 7:04am
seriously guys? you still refer on forex peace army as a reference ? They are the biggest scammers ever!
  • #55
  • May 11, 2015 8:59am May 11, 2015 8:59am
Quoting johnjakarta
Yes. Jeff. It is strange Ironfx is doing business as usual without any warning from regulator. Where are all regulators? Helppppp....
I doubt if anything will happen soon, not till it's too late.

Check the below links and you'll figure why...

http://www.ironfx.com/en/about/compa...ation-09-04-15

Inserted Video
  • #56
  • May 12, 2015 6:25am May 12, 2015 6:25am
for the preperation to be officially declared a casino and the mafia grows stronger

http://www.financemagnates.com/forex...ampaign=buffer
  • #57
  • May 12, 2015 7:27am May 12, 2015 7:27am
Dreamwalker, for casino if you win. You take cash home.
for Ironfx if you loss, you loss. If you profit, you cannot withdraw
  • #58
  • May 12, 2015 7:57am May 12, 2015 7:57am
Quoting DreamwalkeR
{quote} I doubt if anything will happen soon, not till it's too late. Check the below links and you'll figure why... http://www.ironfx.com/en/about/compa...ation-09-04-15 https://www.youtube.com/watch?v=hlyFY6npaAA


I suppose you are trying to say that ironfx has the way to convince Cysec right ? What about the rest regulators ? they are still 9 regulators and Ironfx has not got any fine yet. This shows at least to me that they arent so bad and as far for the video they seem to be a huge well structured company. Dont get my wrong i dont want make excuses for them but i think jumping to fast conclusions isnt right!
  • #59
  • May 12, 2015 8:04am May 12, 2015 8:04am
Quoting Kotowskifx
{quote} I suppose you are trying to say that ironfx has the way to convince Cysec right ? What about the rest regulators ? they are still 9 regulators and Ironfx has not got any fine yet. This shows at least to me that they arent so bad and as far for the video they seem to be a huge well structured company. Dont get my wrong i dont want make excuses for them but i think jumping to fast conclusions isnt right!
Exactly what I thought before requesting a withdrawal :nerd:
  • #60
  • May 12, 2015 8:13am May 12, 2015 8:13am
Quoting Kotowskifx
{quote} I suppose you are trying to say that ironfx has the way to convince Cysec right ? What about the rest regulators ? they are still 9 regulators and Ironfx has not got any fine yet. This shows at least to me that they arent so bad and as far for the video they seem to be a huge well structured company. Dont get my wrong i dont want make excuses for them but i think jumping to fast conclusions isnt right!
Most of Ironfx clients are under cysec. Cysec seems doing nothing. If you are register on www.ironfx.co.uk and send your deposit to UK then you are under FCA.UKYou have better chance to get your withdraw if you are under FCA.UK. it seems clients under Cysec has less hopeCysec should not be included in Europe if they are helping Ironfx with this financial fraudMany Europeans are victims, European financial regulator should be informed to protect European against this financial fraudBroker under Cysec should not be allowed to run business in Cross border Europe.
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