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Like with most withdrawal procedures taking place in forex trading under other brokers, IronFX has a fast and straightforward withdrawal system. There are multiple online reviews concerning people that cannot get their money back on time and that clients are keep getting ignored. It is important to understand that withdrawal requests take time to process depending on the payment provider. IronFX is a reputable broker, trusted by 1,200,000 clients across 180 countries globally. The fact that it operates in multiple jurisdictions including the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA), and the Cyprus Securities and Exchange Commission (CySEC), makes it a broker to trust.
IronFX allows traders to deposit and withdraw money using various payment methods including credit/debit cards, bank wire transfers, Bitwallet, Neteller, Skrill and more. This is to cater to the needs of both local and international clients. Although IronFX has already been labelled as scam by the Forex Peace Army website and several other review sites, it is best to understand how IronFX withdrawal requests operate and open an account yourself to go through the process. The withdrawal procedure is very convenient and fast, and the broker is always trying to expand the list of the various payment methods, to make the procedure even easier for all clients. The broker’s main priority is to ensure that clients’ funds are always safe, and their capital is never at risk.
Despite people saying that IronFX clients’ funds go missing with no real explanation, it is always best to check for yourself. IronFX is a legitimate broker and has repeatedly proven that their customer care is of top priority. Like many brokers, once you log in to the portal, there are some useful notifications for each payment method explaining details about processing time and instructions on how to submit the request. In general, the request is processed within one working day. However, depending on the payment provider it might take up to 10 working days for you to be able to see the actual amount in your bank account.
Contacting their customer support team is another way to answer any possible questions regarding IronFX withdrawal requests. IronFX provides native customer support in over 45 languages and offers timely and efficient support 24/5. Traders should also get in touch with their account manager and find out what works best for them. They are always recommend to first read and understand everything regarding trading and IronFX’s procedures before asking for help.
It is vital to note that all forex brokers, would require verifying your profile before proceeding with any withdrawal requests. This will include proof of your identity or/and proof of your address, which need to be filled out carefully to avoid typos so that your request is not declined. It is also important to be careful of any open positions as these may be the potential reason for your withdrawal request’s rejection. Also, any withdrawal of funds from your trading account may result in the proportional removal of your trading bonus if such was initially given. Therefore, all the above may result in some funds missing from your bank account or may cause delays as the broker may seek more documentation to avoid misunderstandings. As commonly seen, withdrawals are exceptionally strict in terms of filling in individual information etc. With its continuous development in both trading and research and educational sector, IronFX is a broker to whom you can trust your funds.