The site is managed by an offshore company registered in Seychelles, which claims to have offices in the capitals of two European countries – London (United Kingdom) and Zurich (Switzerland). According to information on the official resource, more than 3.8 million traders use the services of this intermediary. Despite this, the firm does not disclose the period of its operation and the presence of licenses in European jurisdictions where it allegebly has offices.
Is the project reliable? Our Ironwave Capital review will help you discover this broker’s advantages and disadvantages.
How to Trade
Clients can trade on Meta Trader 5 using Expert Advisor (EA) support with automated trading strategies. You will find the following offerings:
- More than 600 trading instruments, including currency pairs and indices.
- 8 tariff plans with leverage from 1:30 to 1:500.
- Spreads for different types of trades from $0.08 or from 0.5 pips.
Unregistered users are not allowed to familiarize themselves with the procedures for depositing/withdrawing funds. Note that leverage cannot exceed 1:30 in European countries.
Under the Media and Reviews tab, you will find direct links to some review sites about this company. From analytics there is a ticker quote.
Ironwave Capital Vital Info
The owners of the platform claim that their company has been operating for 10 years. Please note that the copyright of the resource dated 2017, located in the footer of the site, is not reliable evidence of the long-term life of the project. In addition, the information about more than three million clients mentioned in the firm’s self-presentation is not supported by financial statements. It is unclear to us how the resource could operate without a website, since its domain was created only in February 2024.
We decided to clarify whether the company ALPHA INTERNATIONAL MARKETS LTD, which manages Ironwave Capital, is in the Seychelles register of legal entities. The answer was no; no such organization exists. However, there is such a firm at Companies House in the UK. It was registered as that same Seychelles company in October 2021, the last time reporting was submitted to the registry in October 2022. Moreover, it is a non-financial organization whose type of activity is offering trading software.
The brokerage company disappointed me with their approach to their customers. At the beginning it seemed to me that everything was going well, but soon the problems started. The support service responds very slowly, sometimes not at all. Trading conditions are far from the promised ones and turn out to be unfavorable. When trying to withdraw money there are difficulties, the process is delayed, and I begin to doubt that I will ever get my funds back. I do not recommend contacting IRONWAVE CAPITAL under any circumstances!
I am satisfied with working with this broker, it is beneficial for me to cooperate with it because the platform shows stability in all respects: the best terminal, fast withdrawal, quality analytics. This is my second broker, and I see the differences even in the way the quotes are updated on ironwavecapital.com and do not freeze, there are no requotes, no server breaking. I withdraw money easily, without contacting support. Although my experience is small, I compare this company with the previous one, which did not let me earn, let alone withdraw money, and I realize that Ironwave Capital is not a scam.
I tried to withdraw profit several times, only 300$, but there were always problems. I couldn't pass verification the first time, then supposedly my bank didn't respond to the broker, the third time payment of commissions didn't work, etc. As a result, my account zeroed out, but I received nothing. I had 1,254 euros on deposit with ironwave capital and all the money disappeared as if it never existed!
I have worked with this company for a long time, although without large investments. The service is not the best here. The main disadvantage is that ironwavecapital.com does not have any European regulator, but it is understandable and logical, because there is a high leverage, although I consider this to be an advantage of the broker.
I do not agree with the criticism of this resource, I have a positive cooperation with the broker. However, I had an experience of losing investments before trading with Ironwave Capital, so I was very worried at the beginning, and constantly tried to look for signs of fraud or some inadequate attitude to the client, but the support specialists or my manager, on the contrary, were dispose to cooperation. I saw attentive employees, stable platform, a convenient system for withdrawing and funding. My manager saved trades many times in some critical situations and helped me to earn a good profit. Although it bothered me at the very beginning that working with my manager is based solely on trust in him, because the broker can influence my trading, and I expected that there would be some manipulations in the terminal, but so far my profits exceed my losses and I am not going to give up trading with an assistant.
This company is very new to the market. There are not and cannot be 3.8 million users, to attract such a number of clients you need to work for many years and have hundreds of thousands of active subscribers on social networks, where are they?! The firm lies about the experience of 10 years and does not intend to provide fair trading conditions. The goal of this project is to swindle as much money as possible from naive users! I am an experienced trader, trading since 2016, I understand where the company is honest and where is fake and scam. This is a representative of the community of fraudulent brokers.
I was enchanted by promises of quick profits from the company representatives and invested 15,000 USD in Ironwave Capital expecting to multiply my money. Instead, I started losing my money at a tremendous rate, and two days later all my trades were instantly closed due to inexplicable “jumps” in the spread, which led to my deposit being completely wiped out. The support service responded indifferently to my complaints, explaining my loss of funds by "market volatility". Further cooperation with Ironwave capital turned into a nightmare for me - the company ignores the terms of the client agreement and treats clients' capital as its own. I realized that I got into SCAM, where crooks provide a fake terminal, from which it is impossible to withdraw profit or at least your money, and they are not afraid of any responsibility for their actions ...
As a long-term investor, I rarely write reviews, but my experience with Ironwave capital forced me to do so. They showed the complete failure of the broker. Hidden commissions, poor support service are unpleasant surprises. I decided to withdraw my deposit of 6,240 euros, but my withdrawal requests have been ignored for weeks! This is disgusting business management and total disregard for customers!!!
I was able to make some money trading currency pairs on ironwavecapital.com and I wanted to withdraw this profit. But withdrawal is not possible here if you are not a verified user. I sent the required documents, this was three weeks ago. But nothing has happened since I sent them. That is, the documents have been sent, but my personal account status has not changed to verified. I have no right to withdraw money without this :( The problem is also that ironwave capital's address in London, listed on their website, is fake, and when I found this out, I realized that I have fallen into a bad company, to scammers who don't want to get in touch, who don't want to contact me, and don't want to withdraw money. Do you think there is any way to get my money back? Or is there not anymore? Is it possible that there is no point in me trying to find these scammers?
I traded for two years here and continue to do business with this broker. I switched to Ironwave Capital from a larger brokerage and I like this latest broker better. I am satisfied with the way the support responds to my queries, the operators show interest in clients and try to help always. The terminal works much faster, almost no slippage, and trading goes without any glitches :) However, in this review, I want to focus on withdrawing money, which pleases me the most, although all my requests were not immediately fulfilled. At first, the money took a very long time to arrive; my first withdrawals were to a VISA card and took at least 7 days. I was very dissatisfied with this speed and so I decided to try to switch to a bitcoin wallet and started receiving cryptocurrency within 4 hours - the difference is huge!
I had an epiphany after reading the negative reviews about this firm. It turns out that they don't have a proper license in Switzerland or even an office. In other words, they operate bypassing the regulatory bodies. My $7,000 deposit seems to be in the hands of scammers :( How could I have made such a mistake? This is my unforgivable gullibility!
The trading conditions did not suit me, this brokerage firm uses the most opaque and confusing rules I have ever seen! I came across many hidden clauses while trying to understand their terms and conditions. I lost 50% of my deposit because of this. Terms and conditions are supposed to be transparent, but IronwaveCapital just cheat their clients out of their transactions! I found another firm and would like to transfer capital from here to the same new company. However, there was a problem with the withdrawal - my request for €470 is not being processed. I applied and received a message that the request was successful. And that's where everything stopped. Nothing else is happening. The money does not come to my account, and there is absolute silence from the broker's representatives and personal manager. I can't even contact them myself. How should I understand it? Is the broker a scam?
This isn't the first time I've seen these scammers online that are cruelly scamming people. This is a scam that has a bunch of cloned sites. Please be careful!!!