The ongoing saga with Iron FX casts a shadow on European financial client protection
The Iron FX saga has now been ongoing for over three years. The retail broker is being investigated for missing client money, and claimants have been seeking advice from regulatory bodies in both Cyprus and wider Europe. It now seems that some clients have grown tired of waiting for Cyprus regulators to finish investigating the matter.
Cyprus and European regulatory dithering forces Iron FX claimants to go it alone
