Does IronFX use an unfair contractual clause?

Some IronFX reviews online, state that the Cyprus Consumer Protection Office has issued a decision against IronFx for an unfair contractual clause. However, since IronFX opened for business in Cyprus in 2010, it secured a license from the Cyprus Securities and Exchange Commission (CySEC). It technically operates under the name Notesco Financial Services Limited and is registered in Bermuda. By 2015, the company expanded its offices in London, Sydney and Johannesburg, obtaining licenses to trade from the UK’s Financial Conduct Authority (FCA) and Australia’s Securities and Investments Commission (ASIC). The broker is obliged to follow any rules and regulations defined by the above esteemed authorities so in the event that it abuses clients’ personal data or money, the company will be prosecuted by the relevant department.

Corporate Social Responsibility and Achievements

IronFX has managed to build a strong reputation in a quite short period of time. It made the news during its partnership with global brands, including FC Barcelona while in 2019, during the D-Marin 2019 ORC World Championship, the IronFX Racing Team won the 4th place in the Corinthian Class, and the 10th place overall. In the same year, IronFX decided to continue its long-term partnership with the Offshore Racing Congress (ORC) and became the official sponsor of the 2019 D-Marin ORC World Championship. Last but not least, IronFX proudly agreed with a prominent MENA region family office investor for a strategic investment of $100 million.

By the end of 2020, beginning of 2021, IronFX launched the new IronFX trading school, which is another step showing the broker’s dedication in enhancing its services to its clients. IronFX’s trading educational program has been created to cater for the needs of all traders through offering the appropriate tools, educational material and trading tips. The aim is to help clients meet and exceed their trading goals and sharpen their trading skills. With the IronFX trading educational school they can access a wealth of trading resources and insights through an up-to-date economic calendar, advanced trading news section and tips for both beginner and experienced traders.

Despite IronFX reviews about IronFX being a fraud or scamer, clients cannot overlook the broker’s continuous growth and development in the financial sector. Not to mention that IronFX serves more than 1,200,000 retails clients in over 180 countries, offering access to more than 300 trading instruments on 6 asset classes on the world-class MT4 trading platform.

Trusted broker

It is worth mentioning that client funds are segregated from the company’s funds, reducing the possibility of misuse. Secondary security features include a standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP).

The company has great respect for its clients, which is why it provides all relevant information on its websites, through its legal documents, so that people can verify those IronFX reviews and act accordingly. The global leader wants to be chosen based on mutual honesty and trust. It is always up to the client to research and open a demo account to determine whether the company suits their needs. Not everything found online represents the truth which is why clients can rely on their own judgment and do their own research as well as contact the broker to find the answers to any queries they might have.

IronFX offers 24/5 multilingual customer service in over 45 languages. The company can be reached through phone, email or live chat. Clients can also go through the FAQ page or contact their account manager directly.