Read our Ironefx review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an ironefx.com review. Formerly bprofx.com
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Ironefx is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Ironefx in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Ironefx Review Conclusions
Making the Ironefx review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Ironefx review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Hi
I deposit my money with this Broker yesterday they promise me to do the Auto for me as i told them that im new but now they want me to deposit more money. they said they cannot help me withe the minimum deposit i should deposit 12500 or more
The same happened to me they asked for more money.Thats when I became suspicous. I asked to cancel everything and return funds. This was 2 weeks ago ,but not heard from them since, gave name as David Sanders.This is a very convincing scam STAY WELL CLEAR !
They took all of my saving tooðŸ˜ðŸ˜ðŸ˜
Hi seen your reviews to late, put money in they kept asking for more to cover bonus that i had recived, a big scam can not contack them phone shut down email not answered feel a right fool
£70,000 gone to David Sanders ironefx, huge con. Stay clear of them
They scammed 3000 US dollars from me, starting with the 250 US and they said 100 was deposited from them, and then another lady came on the scene and got another 2500. When I tried to withdraw I never heard another word, Natasha from Russia !
I try to get my deposit almost 3 month ,begin I dıd too many contact, everytıme same answer.They want more money ,I understand after 1 day ,that they are maffia company ,but it was to late,I accept my lose 250 us$.My advice dont deposit any money this mafia, If you want to lose money you can do it.
David Sanders became very aggressive because I wanted my money back and made a death threat
and claimed he now had my address
Now Natasha Ivanov says unless I pay 20k to pay off the credit I never asked for then Ironefx will be sueing me 🤣 well they can afford it as they have 70£k of mine!
I have received a reply from them stating as soon as I close my open trades They will return my money. So that is exactly what I did, Making in their estimation 1500 US profit, so I put in a withdrawal. My bank has an email I sent to them stating exactly that, and the commitment from them that they will return my money. We’ll see what happens. I won’t hold my breath !
Scammed me, for only a small amount of 4K, however, still pissed off and I will find him and destroy him, It’s in my nature.
I was happily trading on their platform, turned my initial deposit of £250 into £536 within 3 days! They kept phoning me asking me to download the ‘Anydesk’ app, but I refused to do so as it was deemed as unsafe!, then they told me that I should trade on their professional platform, I declined, but I noticed £235 had seemingly vanished from my funds? On my Accounts page I noticed that this money had been transferred to an MT4 Trading platform? When he phoned me back he asked me to verify my card details? which I did, then I told him I did not want to trade on the MT4 platform, he said he would transfer my funds back, Obviously this never happened, I tried phoning them, NO Reply, I became suspicious and checked my bank account and sure enough Three transactions to withdraw money from my bank had just taken place! the first for £1.650.00, and a further two for £250, which fortunately my bank had declined! They are not answering their phones, and not replying to my emails. THEY ARE THEIVES AND SCAMMERS, DO NOT TRADE IN ANY WAY WITH THIS COMPANY, THEY WILL STEAL YOUR MONEY! BEWARE!!!
I deposited £250 then someone rang me after saying I should deposit another £750 so my balance would be £1000..I said no beacause I couldn’t afford it. I asked about using the automatic robot they said someone will call me the next day to show me how to use it.No one called me..they don’t answer the phone actually the number doesnt ring..they emailed me and told me that my photo id was not clear enough so send it again they told me this 3 times and every time they told me to upload again..I think this was a delaying tactic .i filled out a request form to get my money back and emailed them they never replied.So I lost my money But I rang my bank and got a refund.SCAMMERS
Great scammers! 4500€ they have from me now. Have report the whole question to cyber crime of Belgium.
And I have send them a mail to withdrawel all my money back. We will see what they will do now.
These guys (Ironefx) are criminals. I ws told to invest 250USD and they would automate my trading and I will make profits. However, after depositing, they asked my to take a lone of 15,000 USD from my bank and invest on there site, when I refused to do so and asked to withdraw my funds they have been calling me pretending to work for the government and trying to make me give them access to computer.
Ironefx are definitely a criminal organisation and a serious investigation into their activities
is already under way
Yes a very convincing scam. Did same deposited initial £250 then African sounding lady came on and said no you should make it £5000 now for big returns. I said no but after her WhatsApp msging me i said ok would do £1500 but gladly bank blocked it which raised suspicion. Now emailed saying i want my £250 deposit back. Only a short while ago so will see what happens.
How can so many people be scammed by these scum of the earth and yet get away with it. DAVID SANDERS seems to be the biggest scum going words cannot describe him. I actually saw money disappearing from my account and I was on the phone to the bank to try and stop it. Bank had a waiting time of 20/30 minutes, and I’m the one responsible. They also use a money handling company called BINANCE stay clear they will work with the ironefx as a third party to transfer your hard earned money stay clear, they have a licence to trade not authorise to transfer funds.
They have all my details and only one person who they could have got it from DAVID SANDERS IRONEFX
If anyone has any follow up information regarding any to do with these scum please let me know. I along with no doubt HUNDREDS of others would like just 5 minutes with this excuse for a human being
DONT WORK WITH THIS COMPANY IT IS A SCAM, I HAVE BEEN TRYING TO GET MY FUNDS OUT MY ACCOUNT SINCE FEBRUARY, AND THE CHEEKY B******* NOT ONLY WILL NOT RELEASE MY FUNDS BUT TOOK ANOTHER £500.00 OUT MY ACCOUNT, I HAVE THE FRAUD SQUAD LOOKING INTO IT, I HAVE HAD TO CLOSE MY BANK ACCOUNT SO THEY CANT TAKE ANT MORE MONEY, HORRIBLE PEOPLE, DONT BE FOOLED BY THE WAY THEY SPEAK TO YOUJ THE PHONE.
The same has happened with me. I agreed to ‘invest’ £250 trader Adam Rask, and then he wanted me to download AnyDesk to show me the trading platform and to verify my bank account. He then took an additional £800 from my account. After I told him this was a fraudulent transaction he then said he would pay it back into my card. Another 2 x £800 taken from my account.
upon complaining and putting in a withdrawal request I was transferred to another agent Julian Bulgheroni who was supposedly helping me to get my money back and promised if I made the money up to £4000 being the price of a whole crypto currency unit, I would get the money back the same day. That was 5th May 2021. Guess what? I’m still waiting for the funds to be returned and meanwhile the balance on my account on their website has gone from over £4,000 to £1396.94 overnight.
I put in a withdrawal request but the portal blocked it.
😒😒😒😒😒
You may as well write it off, these are high profile criminals giving me death threats for constantly pestering for my money back.
Inform banks newspapers national and international, consumer radio and tv. They operate under other names too so Interpol need to get involved and like em up for good. Blockchain Explore they use is another con, stay clear!!
I was a victim of fraude by Julian Bulgheroni, Financial Advisor IRONEFEX, he promised me to invest my money :{,The same has happened with me. I agreed to ‘invest’ £250 ,and then he wanted me to download AnyDesk He then took from my crypto.com wallet £4150.