Over two hundred investors have instructed Kmlegalnet studio to act both extrajudicial and judiciously against Iron FX for a fraud perpetrated to their damages. This is the well-known behavioral model according to which the Cypriot company, exploiting gaps in European regulation, does not allow the withdrawing of the funds to the investors.
Among them, there are clients who have already been awarded of a favorable decision by the Cypriot Financial Ombudsman to whom Iron Fx keeps denying the funds’ withdrawing incurring in a misappropriation of investors’ funds up to tens millions Euros.
IronFX (Global ltd) is licensed and regulated only in Cyprus while its affiliated companies are governed by the British Financial Conduct Authority and the Australian Securities and Investments Commission.
Indeed, IronFx has been a famous broker for years, also becoming a sponsor of Barcelona F.C.; however, when the Swiss Central Bank announced its intention to detach the Swiss franc from the Euro, IronFx began making the withdrawals more difficult until the current complete blockimg.
Alsp the Cypriot Government seems to have not taken any position on it and it is still unclear whether it has or did not initiate an investigation to verify the alleged irregularities to be taken into account by the broker.
Hence, the need for speedy action with Iron Fx and those who have been responsible for their actions and the continuation of this behavior, even though they have been requesting the seizure of current accounts in accordance with a European Directive .
If you are also a victim of Iron Fx please contact our professionals at firstname.lastname@example.org who will give you directions on the proceedings to be issued against the broker.