Update LondonFX – An Ukrainian scam brand related to IroneFX

LondonFX and IroneFX broker scams
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Whistleblower Credits: We would like to thank our whistleblowers for their reports and insights, which help us expose scammers and their payment processors. Together we can make a difference in cyberspace. Together we are an invincible force.

The UK Financial Conduct Authority (FCA) issued an investor warning against the broker scam IroneFX (www.ironefx.com) on February 17, 2021. The website is currently still online, but registrations can no longer be made. To open an account, one must contact support a/k/a boiler room. A whistleblower has informed us that the LondonFX scam we recently warned against is a successor to the IroneFX scam. Boiler Rooms allegedly operate both scams in Ukraine. We once again urge you to stay away from LondonFX. This will save you losses and frustrations.

Today, the LondonFX scam is promoted via the Bitcoin Circuit fraudulent marketing campaign on the https://insaneoffrforyou.org website. Like the other scam campaigns, Bitcoin Circuit promises to make you rich quickly with cryptocurrencies. Truth is that the campaign operators act as introducing brokers and receive a commission for referred victims and their deposits.

The IroneFX scan is not affiliated with the CySEC-regulated IronFX (www.IronFX.eu), which Notesco Financial Services Limited operates with license number 125/10.

We would like to know more about the scams and boiler rooms of the group behind LondonFX and IroneFX. Please share any information about them with our research team through our whistleblower system if you have any information. Thank you!

CategoriesAffiliate Scams

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