You cannot withdraw any profit made from this account, plus it’s replenish able in case your balance hits a zero point. The account comes with a default balance of #10,000 or $10,000 in virtual funds depending on your currency. It is accessible only when you have completed your sign up. This account is mainly for practicing your trading skills. Iron Trade offers 3 types of accounts to its customers 3 Commodities- Gold, Silver, and WTI Oil.4 cryptocurrencies- Bitcoin, Litecoin, Ethereum, and Ripple.20 currency pairs- including, EUR/USD,USD/RUB, EUR/CHF, GBP/JPY etc.Iron Trade currently offers up to 31 financial assets for binary options trading, these are Up to eleven languages are supported on this platform Iron Trade does not accept users from these countries Restricted Countries And Language Support I found several loopholes that I will share with you later in this post.įirst, let us find out the services provided by Iron Trade. Well, the truth is, there is every reason for anyone to doubt the sincerity of this broker. However, the broker has been linked with several scam accusations by some of its customers in less than a year of its existence. Iron Trade is a bespoke binary options platform, that allows you to predict the high or low on a variety of assets such as, Commodities,currency pairs, and cryptocurrencies. Iron trade was established in 2019, it claims to be owned and managed by Rosco Solutions Ltd in Kingstown, St Vincent and Grenadines and the information on the site provided by Triafor Solutions Ltd located in Nicosia, Cyprus. My Verdict- Is Iron Trade Scam or Legit?.Here is a comprehensive list of everything I’ll be covering in this post, prepare your minds for an informative section. I think it’s best you know that we have found Pocket Options as the best options trading company. After carefully analyzing and trading on this platform, I broke down everything you need to know about Iron Trade before you sign up.īefore you proceed. That’s what we’re going to find out here in this review. It has made the frontlines in some scam alerts by some of its customers, most complaining of not being able to withdraw their funds. This broker just came into the business in 2019, that’s less than a year. Iron Trade is a bespoke binary options platform that allows you to trade in a huge range of assets. The association will roll out stickers for its members so the public will know legitimate members soon.Today’s post is a complete review of Iron Trade. He said people cutting the wires and stealing infrastructure across the country also know who buys these products. “It is those bent on breaking the law who are after me and I want the Ministry of Trade and Industry, who has the information, to look into who is exporting copper out of the country and it is easy to point out who is committing these crimes,” Ferguson said. We informed them about illegal items and look what is happening this week.”įerguson claimed people are laundering money in “our industry and we are also proposing a legal framework to protect the industry from these types of activities.” “We visited the yard last week because it was a new yard that was opened and we told them what we would like them to do regarding the theft of materials across the country and they only joined our association last week. He said, “If I see anything wrong, I will report it and I will remain strong regardless of the attempts to destroy me. He said only last week he visited the same scrap yard as this association was carrying out its mandate to regulate the industry. “Since 2013, we have been making the call for the Government to look at the foreign scrap iron dealers in Trinidad and Tobago and I have said this just recently in a news conference but I want to make it very clear Trinidad and Tobago, not all are this way because some are my members and it is just a few among them that are doing this thing and that is why we are asking the Government how did they get their licensing and how they are running scrap yards and these are the things we have to get as locals and I am shocked how some of them are getting it,” Ferguson said. The yard is alleged to be managed by foreign nationals. The material was estimated at $1 million.Ī central scrap iron yard was pinpointed in the incident and officers of the Caroni Police Station and the Chaguanas CID were able to solve the case. This was the claim made by association president Allan Ferguson yesterday, while responding to claims that a large number of I-Beams and steel poles had been stolen from a Ministry of Works and Transport’s site in Caroni. The Scrap Iron Dealers’ Association says money laundering is also plaguing the local industry.
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