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The WikiFX Score of this broker is reduced because of too many complaints!

IRC

Malaysia|5-10 years|
MT4 Full License|Chinese market only|High potential risk|

http://www.irc-pro.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
IRCgroups-Demo MT4
Server Location Hong Kong

Contact

852-81750078
info@ircgroups.com
http://www.irc-pro.com
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

852-81750078

Chinese (Simplified)

+852-81914995

Broker Information

More

Company Name

IRC GROUPS

Company Abbreviation

IRC

Platform registered country and region

Malaysia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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IRC · Company Summary

Note: Regrettably, the official website of IRC, namely http://www.irc-pro.com , is currently experiencing functionality issues.

IRC Review Summary
Registered Country/Region Malaysia
Regulation VFSC (Suspicious Clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms MT4
Minimum Deposit N/A
Customer Support Phone and email

What is IRC?

IRC is a trading platform that operates in Malaysia. IRC can be reached via phone at 852-81750078 or +852-81914995, or through email at info@ircgroups.com. However, their official website is currently inaccessible and its license VFSC is suspicious clone.

IRC

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • MT4 supported
  • VFSC (Suspicious Clone)
  • Some reports of withdrawal issues
  • Inaccessible website
  • Lack of Information
  • Higher Risk

Pros of IRC:

- MT4 Supported: IRC supports the popular MetaTrader 4 (MT4) trading platform. MT4 is known for its user-friendly interface, advanced charting capabilities, and the availability of numerous technical indicators and expert advisors.

Cons of IRC:

- VFSC (Suspicious Clone) Regulation: IRC is regulated by the VFSC (Suspicious Clone), which raises concerns about the legitimacy and credibility of the platform. It is essential to be cautious and conduct thorough research before investing with a platform regulated by such entities.

- Reports of Withdrawal Issues: There have been reports of withdrawal difficulties associated with IRC. This can be concerning, as investors may face obstacles when trying to access their funds.

- Inaccessible Website: The fact that IRC's official website is currently inaccessible is problematic. This can create challenges for investors in accessing their accounts, making transactions, or obtaining important information.

- Lack of Information: IRC provides limited information regarding market instruments, leverage options, minimum deposit requirements, and the availability of demo accounts. This lack of transparency can make it challenging for potential investors to make informed decisions.

- Higher Risk: Investing with IRC carries a higher level of risk due to concerns about its regulation, withdrawal issues, and lack of transparency.

Is IRC Safe or Scam?

Please note that there are suspicions regarding the authenticity of the Vanuatu Financial Services Commission (VFSC) license claimed by this broker. The license number provided is 40409 with Retail Forex License type. These suspicions raise significant concerns about the legitimacy and credibility of the broker. It is crucial to be aware of the potential risks associated with investing with IRC.

suspicious clone VFSC license

Furthermore, the fact that their official website is inaccessible adds to the concerns about the reliability of their trading platform. Without a stable and secure platform, investors may encounter difficulties accessing their accounts and executing transactions smoothly. Considering these factors, investing with IRC involves a higher level of risk.

Trading Platforms

IRC offers its clients the widely recognized MetaTrader 4 (MT4) trading platform. MT4 is a powerful and user-friendly platform that is highly regarded in the financial industry. It provides traders with a comprehensive set of tools and features, allowing them to analyze the markets, place trades, and manage their investment portfolios efficiently.

The MT4 platform offers a wide range of technical indicators, charting tools, and drawing instruments that help traders make informed decisions. These tools enable users to analyze price patterns, track market trends, and identify potential trading opportunities. Traders can customize their charts according to their preferences and trading strategies, making it easier to monitor multiple financial instruments simultaneously.

MT4

User Exposure on WikiFX

Please ensure that you carefully examine the reports on our website regarding instances of withdrawal difficulties. Traders thoroughly assess the information provided and take into account the potential risks associated with trading on an unregulated platform. Before engaging in any trading activities, we encourage you to visit our platform to access the necessary information. In the event that you encounter fraudulent brokers or have fallen victim to their practices, we kindly request that you inform us through the Exposure section. Your cooperation is greatly appreciated, and our team of experts will make every effort to assist you in resolving the issue.

User Exposure on WikiFX

Customer Service

Customers can get in touch with customer service lines using the information provided below:

Telephone: 852-81750078

+852-81914995

Email: info@ircgroups.com

Conclusion

In conclusion, IRC is a trading platform that supports the popular MT4 platform. However, there are several concerns and drawbacks associated with IRC. These include being regulated by VFSC (Suspicious Clone), which raises doubts about its legitimacy, reports of withdrawal issues, an inaccessible website, and a lack of sufficient information. Therefore, investing with IRC carries a higher level of risk due to these concerns.

Frequently Asked Questions (FAQs)

Q 1: Is IRC regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at IRC?
A 2: You can contact via telephone: 852-81750078 and +852-81914995 and email: info@ircgroups.com.
Q 3: What platform does IRC offer?
A 3: It offers MT4.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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Tangeri
more than one year
Man, using this IRC platform has been a real letdown. Can't get my money out, and every time I hit up customer support, it's like talking to a robot. Just auto replies, no real help. Save yourself the headache and look elsewhere.
2024-01-05 23:25
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