Read our Iron Gates Fx review to see if we recommend this broker for trading. Just to clear doubts, this is an irongatesfx.com review.
Is Iron Gates Fx Legit?
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 infamous for scamming schemes.
So, Iron Gates Fx is just another unregulated forex broker, which means the customers aren’t 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 the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Iron Gates Fx reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 Iron Gates Fx?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave Iron Gates Fx reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Iron Gates Fx, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
Iron Gates Fx Review Conclusions
Making the Iron Gates Fx review was our pleasure, and we hope to save as many people 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 Iron Gates Fx 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] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
I made the initial deposit and have accumulated funds from investing However when i try to withdraw it never happens.. customer support is never available…emails are never responded to so ya I would agree with this review and say irongatesfx.com is a huge scam….wish I would have read this article first. One other thing I was assigned an account manager in the beginning but he has vanished but I still do trades even though I’m never going to see a penny and my account is still open
(1/5)
Can u mind the names think I’ve been scamed aswell
(3/5)
100% scam lost the initial 350
Then they said my original manager left an I had accumulated over $5000 in that time so I try to pull it out and that’s when the roller coaster ride began ..
I suspected it could have been a scam so I pulled all my money from my bank account
And wen they try to look in my account they thought impossible this guy only got $1.50
So they asked me have you got another account I said no they said you took out a large sum of money so drive to bank put the money back in your account or we can’t transfer the money from us to you 😂😆 I said do you think people are stiupid I took it out BC I knew this was a scam anyhows don’t deal with them
seems im another victim ..made the 250 US deposit and was going well had my money upto 3000US in 2 weeks but today i try and sign in and all i get is 404 error …shame i could of used a break to..
(1/5)
Well I was scammed and I will name them ..Dan Miller and Jordan Young along with Adam from the finance department and David and Alex..you so called humans have just sent me bankrupt by taking everything and supplying FAKE bitcoins that have no market value ..and that is from the wallet you put them in …I hope you all get struck by lightning …
Hey Erwin
I just read your review mate and I almost cried because these arseholes did the same to me as well, they raped me of over $80,000 and I feel so stupid for falling for there fake investment platform. Dan Miller yes he is a real scum bag just like David Silver who does the trades on his fake platform which only makes them money as it feeds there investments from our money that they have taken from us. The guy from finance Adam as you mentioned is a dusch bag and if I ever see anyone of these guys they will be sorry they ever met me. I couldn’t agree more with you on them all getting struck down by lightning because that’s exactly what they deserve.
I hope you are doing ok mate and you will eventually get back on your feet again. It’s hard to believe that these people exist that are out there, they have no morals and cannot be trusted in any form or shape.
I was scammed by them as well my initial $377 turned into 30k usd then when I went to withdraw they asked for a 15% fee upfront I’m not dumb so I left it and am currently disputing the initial transaction through my bank.
(1/5)