Forex Brokers

IronFX

1.4 (10 reviews)
🇳🇿 New Zealand
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1.4
10 reviews
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About IronFX

IronFX has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Took my money and went silent

M
Max F.
2 months ago

I am in a dispute with IronFX over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Fast deposits|High security standards|Personal attention

Cons: Website design could be more modern|Research section could be deeper

They deleted my negative review

O
Olivia N.
3 months ago

IronFX had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Segregated accounts|Detailed reporting|Low minimum deposit

Cons: Live chat only during business hours

Not fit for purpose

G
Gabrielle D.
3 months ago

Do not be fooled by the professional-looking website. Behind the scenes, IronFX is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Fast execution|Economic calendar|Helpful community forum

Cons: Inactivity fee applies after 12 months|Cannot customize dashboard fully

Referral bonus never received

O
Oscar V.
4 months ago

Where do I even begin with IronFX? for just over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Regular updates|Instant funding|Automated trading options|Fast execution

Cons: Mobile app could be improved|Spreads widen during volatile periods

Scam alert - They took my money

S
Steven P.
4 months ago

I invested $10,000 with IronFX after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: Blocked my account|No legitimate license|Fake returns

Bonus clawback on technicality

C
Connor D.
5 months ago

IronFX advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Automated trading options|Real-time alerts|Personal attention

Cons: Nothing significant|No dark mode on mobile

They blocked me after I invested

V
Victoria R.
6 months ago

I was contacted by IronFX through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Blocked my account|No legitimate license|Fake returns

Listed in warning databases - be aware

L
Lisa M.
8 months ago

For anyone considering IronFX, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

They ignore every complaint

J
John V.
8 months ago

IronFX has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Full transparency|Multi-device support

Cons: Research section could be deeper|Currency conversion fee exists

Something doesn't add up here

S
Steven O.
10 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that IronFX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Unauthorized firm|Found in IOSCO warnings database