Iron Gates FX claims to be trusted but provides zero details about its regulatory status, which is a clear indication of an unlicensed broker, as legitimate ones always prominently display their accreditation and licenses. This broker claims to be located in Switzerland. As per the local law, brokers operating in this country must be authorized and regulated by the Financial Market Supervisory Authority (FINMA). However, the FINMA has issued a warning against Iron Gates FX, stating that it is not entered in its commercial register.
In essence, Iron Gates FX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Iron Gates FX claims to be trusted but provides zero details about its regulatory status, which is a clear indication of an unlicensed broker, as legitimate ones always prominently display their accreditation and licenses. This broker claims to be located in Switzerland. As per the local law, brokers operating in this country must be authorized and regulated by the Financial Market Supervisory Authority (FINMA). However, the FINMA has issued a warning against Iron Gates FX, stating that it is not entered in its commercial register.In essence, Iron Gates FX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.