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Bucharest - Romania
Posts: 14 since Mar 2020
Thanks Given: 2
Thanks Received: 8
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Ironbeam was disappointing ☹️
The salesperson gave minimal responses, failed to mention promotions, and omitted crucial details like the $500 minimum account size needed to use your own trading platform instead of their web version.
The lack of transparency on commissions is even worse—pricing isn’t clearly listed on the website and is only provided via email in a clunky PDF file, likely to obscure how outrageously expensive it is. 💀
One contract in any Micro Financials costs $2.04, that's DOUBLE what all other brokers or Fcms charge for an all-in round trip. To put that into perspective, making 10 trades in MES in a day will rack up $20.40 in commissions alone.
On top of that, they charge a $60 withdrawal fee for international wires. It doesn't get more expensive than this anywhere else.
While Ironbeam is reputable, their pricing is a rip-off.
❌ Avoid
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