IronWave Capital Scam

Posted by

October 7, 2024

On October 4, 2024

IronWave Capital claims to be a reliable trading option which provides Option, Commodities, Share and Stock, CFD, Forex, Precious Metals, Cryptocurrency, Energies & Indices Trading.

But in reality on 26th September of 2024 the FCA (Financial Conduct Authority) on their website clearly mentioned “This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.” this in their news article. These warnings surely raise serious concerns about the IronWave Capital’s Legal & Regulatory status and confirms it’s operating as an unauthorized financial entity.

During our investigation we have found that IronWave Capital is involved in “Paid Promotions” in Morningstar, Yahoo Finance, Benzinga and other well-known platforms to target as much victims as possible. Throughout our investigation we have found hundreds of reports of their fraudulent & deceiving activities.

Upon getting reports we have investigated and found that they have appointed people to post false positive reviews about them on various Reviews websites. We have also found evidence that they are purchasing reviews from 3rd Party resellers which are mostly AI written reviews and reviews that are not possible compared to market condition of that time.

Upon further investigation we have found that their original domain IronWaveCapital.com was registered on 27th February of 2024 and as soon as they flagged by FCA on 26th September of 2024 they have registered a new domain IronWave-capital.com on 27th September of 2024, just day after they flagged by FCA. They are now using their old domain IronWaveCapital.com as a forwarder for the new domain to target as much new victim as possible.

After Analyzing recent cases and all the facts we have found during our investigation we have come to conclusions that IronWave Capital poses a significant risk to investors funds. We at Nathan Reclaim LLC categorizes IronWave Capital as a “Scam” Company.

We highly recommend our clients and everyone to choose brokers with proper regulation & transparency to keep themselves safe from potential financial losses.