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IroTradex

Company Best Communications LTD
Website
Broker type SCAM
Minimum deposit -
Regulations -
Discount -

Average rating

View ratings
1
Total average

1/10

Credibility ( 1 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 1 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 1 )
Level of spreads and commissions. Product Range.
Platform ( 1 )
Ease of use, fast execution, reliability.

Description

IroTradex is a platform claiming to be a Forex / CFD broker, offering the possibility of investing in instruments such as Forex, Commodities, Stocks, Indices and Cryptocurrencies. Unfortunately, IroTradex raises many suspicions that make it similar to SCAMs such as TRS Markets or Monfex.

The broker does not have any regulations, which should give us a lot to think about at the outset. In addition, the company uses disturbing provisions, for example in the rules for withdrawing funds:

In order for the Client’s request for a withdrawal to be met, the written text must comply with the rules set out in the User Agreement. The withdrawal procedure is fully governed by the Company’s terms of service. The company reserves the right to impose limits on the amount that the customer can withdraw for a period of time. The minimum amount that can be withdrawn from IroTradex is specified here. Depending on the number of transactions made by the Client, commission may be charged.

So the broker claims the right to impose withdrawal limits for clients, which should not be the case with a normal broker.

In addition, you can find online reports of people who lost their funds in IroTradex. As it turns out, the scheme of persuading people to make further payments is duplicated with the one used by SCAMs.

If you’ve dealt with this company, share your opinion.

What to do when you’ve been scammed?

Check our guide and if you paid by card try to use a chargeback

ForexRev Team

Specifications

Company Best Communications LTD
Website
Broker type SCAM
Leverage -
Minimum deposit -
Negative balance protection -
Regulations -
Trading platforms -
Payments -
EUR/USD Spread -
Min lot -
Country -
Established in -
Number of instruments -
Discount -

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IroTradex - No warnings

IroTradex - Reviews (1)

1.0
Partial ratings
Credibility:1
Customer Service:1
Platform:1
Offer:1

IroTradex is a scam, first they guaranteed big profits and ensured that I would multiply my capital very quickly. I deposited $ 250 at the beginning and managed to raise the capital to $ 600. When I wanted to withdraw funds, it turned out that it is not that simple. The contact was getting more and more difficult, and finally it was completely broken. Right now I am trying to withdraw aything from there.

Plusses No plusses
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

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