IronMax Review

There are so many negative reviews about IronMax, and we advise all investors to avoid such a dirty venture. Read the full review here.
3.1/10 (Expert Score)
Product is rated as #8 in category Crypto

Before you invest your money into crypto or use any brokerage platform to trade, take off some minutes and read objective reviews like this about the platform itself. IronMax, like one of the offshore brokers out there, has all the outlook appearance as a haven to help you trade your money with promises of huge returns on investment without any issue. That sounds good! Isn’t it?

But you need to read further

The platform has a lot of claims about their services that should put you into caution to take careful decisions before signing an agreement with them.

We are dedicated to bringing you unbiased reviews and showing you the result of our investigation to know if IronMax takes their investor’s fund as a priority as claimed.

What You Should know about IronMax

What You Should know about IronMax

This platform has sweet and enticing offers that will tempt you to blow up all your savings investing with them. IronMax makes unsatisfied claims for having a couple of cryptos that investors can trade and maintain relationships with top-tier banks in the world, and have access to MT5 with ease.

IronMax doesn’t provide information about the financial institution they are using to separate funds which are not in line with the guideline of the regulatory bodies in charge of all investment schemes. Not just that, there is no trace of previous transactions on the platform as evidence of the trades. IronMax is only concerned about claiming fake glories about themselves without any justifiable record to back it. You will be making the wrong decision to invest in such an unregulated platform.

How IronMax operates

How IronMax operates

Before you can start trading in IronMax, you will be required to provide your details which will not be advisable based on the fact that the platform itself isn’t reliable and can’t be trusted with your data. The brokerage platform is operated by anonymous owners who can do anything with your fund without being traced. That will be too risky for an investor.

Another shady thing about IronMax is that they only claim to help investors put their money in shares with big companies. They also claim to have crypto assets and commodities without providing any information on their techniques or how investors’ money will be made back.

IronMax has persuasive strategies to bring you into their business and make transactions with them. But once you fall into their trap, it will be difficult to get off their hook or retrieve your money back. So, it is better to avoid such a venture and keep yourself from being a victim.

IronMax’s Deposit and Withdrawal

IronMax’s Deposit and Withdrawal

IronMax allows cash deposit via various means including wire transfer, credit, and debit card, but do not specify the maximum or minimum amount that can be deposited into the trading account. Also, they do not provide information about their different packages and types of accounts to trade. Not just that, there is no information on their charges and other terms and conditions attached to the dormancy accounts or withdrawal.

Such a system is suspicious and questionable as to why a legitimate platform as they claim would only care about how to receive clients’ funds without clearly stating the conditions attached for withdrawal. IronMax may be hiding all these necessary details to dissuade investors and encourage them to deposit their money without getting it back.

 Also, the brokerage platform may leverage this to over-charge investors and make them fall more victim by demanding unreasonable money since they have fallen into their trap by depositing and they will be desperate to get their money back.

Trading conditions and regulation of IronMax

Trading conditions and regulation of IronMax

All fingers point to IronMax as being unreliable and scrupulous to trade with. As regards their trades, IronMax fixed their leverage on popular currency at 1:2 which is more than what the financial regulatory bodies recommend for trades. What this means is that investors’ money is not secured and their trades may end up in loss.

Again, Ironmax operates from St. Vincent and Grenadines which is notorious for not following any rules or regulations policies that will keep investors’ money safe. This further means that IronMax isn’t backed up and if anything happens, no agencies would assist in paying back any compensation fee. In this case, what will happen to traders’ money after investing in IronMax is unpredictable.

Your money safety is important and should be a primary consideration before investing. IronMax lacks the trust, safety, and transparency that qualify them to help you trade with your money. IronMax does not make any prior deposits and is therefore not licensed to operate as a broker. So, you will be risking your money if you decide to trade with IronMax because no refund is guaranteed.

IronMax Customer’s Feedback

IronMax Customer’s Feedback

IronMax’s reviews on their website are not just suspicious as they only appeal to customers’ emotions making them feel the website has professional analysts that will help them make the right investment decisions and have huge profit returns. However, these reviews are not in any way true and they are reviews from the same source.

The reviews are monotonous and do not show the profile and real name of the persons who gave them. However, IronMax does not have any positive reviews outside of its website. Since objective reviews like this cannot be manipulated, our findings reveal that IronMax is a scam and they are not reliable to deal with.

More about IronMax

More about IronMax

This brokerage platform has nothing to offer other than to run away with people’s money after little time of operation. From all indications, IronMax operates on a domain that doesn’t have a long lifespan beyond a year. Not just that, the owners of the platform are anonymous and they do not have reliable customer care services. The location of their company discourages sound business with them as it is not only remote but also a usual location for notorious businesses.

IronMax is a scam and untraceable. Our advice is that investors should stay off and avoid having dealt with them until they can provide logical answers to all the allegations leveled against them.

3Expert Score
Terrible

There are so many negative reviews about IronMax, and we advise all investors to avoid such a dirty venture. Also, for the sake of objectivity, we welcome opposing ideas as regards the issues raised in this review.

Customer Service Score
3.5
Trust Score
2.5
Honesty Score
3
Reputation Score
3.5
POSITIVES
  • User interface
NEGATIVES
  • Questionable Marketing Tactics
  • Unreliable
  • Horrible Market Reputation

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