IronFX is one of the most popular brokers in the forex trading industry. The company claims to offer a wide range of trading instruments, competitive pricing, and an excellent customer support system. However, there have been several negative reviews about IronFX, which have led to a lot of confusion and speculation about the company’s credibility. In this blog post, we will take an in-depth look at the IronFX reviews chronicle and try to unravel the true tale behind the company.
IronFX was founded in 2010 by Markos A. Kashiouris, and the company is regulated by several financial regulatory bodies, including CySEC, FCA, ASIC, and FSCA. The company claims to offer a wide range of trading instruments, including forex, metals, stocks, futures, and cryptocurrencies. IronFX also offers several account types, including micro accounts, premium accounts, and VIP accounts.
However, the company has been facing several negative reviews and allegations from traders across the world. Many traders have complained about delayed withdrawals, requotes, and manipulation of prices. IronFX has also been accused of failing to honor the stop loss orders of its clients, which has led to massive losses for many traders.
Despite these allegations, IronFX has an excellent customer support system, and the company provides its clients with access to several trading platforms, including the popular MetaTrader platform. The company also provides its clients with access to educational resources and research tools, which can help them make informed trading decisions.
IronFX has also won several awards for its services, including the Best Forex Educators award in 2015, the Most Trustworthy Forex Broker award in 2017, and the Best Broker for Customer Service award in 2019. However, these awards have been met with skepticism by many traders, who argue that they are just a PR stunt to cover up the company’s shortcomings.
In short:
The Ironfx review chronicle is a complicated tale, with several conflicting narratives. While the company claims to offer excellent services and is regulated by several financial regulatory bodies, the complaints of many traders cannot be overlooked. However, it is essential to note that every company has its share of negative reviews, and it is up to traders to weigh the pros and cons before choosing a broker. IronFX does have its strengths, such as an excellent customer support system and a wide range of trading instruments. Therefore, traders must conduct thorough research and due diligence before investing in IronFX or any other broker.
