Ironbeam Futures Reviews 225

TrustScore 4 out of 5

4.1

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Review summary

Created with AI, based on recent reviews

Considering 36 reviews, reviewers had a great experience with this company. Customers frequently highlight the excellent customer service, describing it as amazing, professional, and efficient, with dedicated representatives who provide outstanding support and quick responses. Many appreciate the personalized approach, with staff members treating patrons like individuals and offering helpful assistance from initial contact through daily check-ins. The company is also praised for its reasonable fees, competitive rates, and straightforward pricing, making it an attractive option for traders. Conversely, some people were dissatisfied with the platform's performance, reporting issues such as freezing during heavy loads, inaccurate market prices, missing data, and poor trade execution, which made trading difficult and led to unexpected liquidations. Reviewers also mentioned a lack of transparency regarding pricing and documentation, with some encountering unexpected charges and unclear policies.

What people talk about most

Customer service

Clients share positive opinions on customer service, with many praising the prompt, excellent, and unmatched... See more

Service

Customers consistently note ambiguous experiences with service, with some praising the personal, fast,... See more

Price

Customers had ambiguous experiences with price, with many praising competitive commissions, low margins, and... See more

Website

Reviewers mention negative feedback about the website, with many finding the platform glitchy, hard to use,... See more

Staff

Users describe positive interactions with staff, highlighting dedicated account representatives who are... See more

Reviews shaping this summary

Rated 4 out of 5 stars

I have opened 14 accounts with Ironbeam, and my overall experience has been very positive regarding the initial phases. The processes for opening, funding, and activating accounts, a... See more

Rated 5 out of 5 stars

Prior to Ironbeam I worked with NinjaTrader. NinjaTrader's customer service was terrible: out of the blue their customer compliance department would notify me through E-mail that my account would... See more

Company replied

Rated 5 out of 5 stars

I have used MANY different brokers and this has been the most personal by far. My initial ACH for $175 hadn’t even left my bank when they assigned me Martin, my personal broker, Martin has been nothin... See more


Company details

  1. Investment Service
  2. Stock Broker

Information provided by various external sources

Ironbeam is an industry-leading futures broker providing cutting edge technology, research, and clearing services to trader and introducing brokers worldwide.


Contact info

4.1

Great

TrustScore 4 out of 5

225 reviews

5-star
4-star
3-star
2-star
1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 50% of negative reviews

Typically takes over 1 month to reply

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4.1

All reviews

(225)

32 reviews in the last 12 months

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Rated 5 out of 5 stars

Reliable execution

I've been trading with Ironbeam for several months now. I'm very impressed with their competitive pricing and reliable execution. The platform is intuitive and easy to navigate.

28 March 2023
Unprompted review
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Phoebe,

Thanks for taking the time to leave us a review!

Have a great week,
The Ironbeam Team

Rated 5 out of 5 stars

Ironbeam is the perfect platform for…

Ironbeam is the perfect platform for beginner traders like me. The interface is user-friendly and the support team is always available to answer my questions. I feel confident and comfortable trading with Ironbeam.

28 March 2023
Unprompted review
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Shelia,

Thanks for taking the time to leave us a review!

Have a great week,
The Ironbeam Team

Rated 5 out of 5 stars

Exceptional customer service

Exceptional customer service, solid platform, best futures broker out there hands down.

4 April 2023
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Barron,

Thanks for taking the time to leave us a review!

Have a great week,
The Ironbeam Team

Rated 1 out of 5 stars

Nothing

Nothing good to say

28 March 2023
Ironbeam Futures logo

Reply from Ironbeam Futures

Hi Antonio,

Sorry to hear that you are not having a great experience.

Do you mind letting us know what issue you were having? We noticed that this was originally a positive review. We would like to assist you with any issues that you are having.

Have a great week,
The Ironbeam Team

Rated 1 out of 5 stars

Worst ever experience with broker…

Worst ever experience with broker company. If you starting to ask questions, you treated as a fraudulent person.

Online support can just close chat while you trying to ask questions.

upd:
1. You telling not true. It is Ironbeam account. I was logged into to my account via ironbeam.com, when it was active. I asked questions via online chat and was recognised as a client.
Below are funding instructions:
Bank: BMO Harris Bank
111 W. Monroe St.
Chicago, IL 60603
ABA #: 071-000-288
Swift Code: HATRUS 44 (for international wire use only)
Credit: Ironbeam, Inc.
141 W. Jackson Blvd #2600
Chicago, IL 60604 USA
Ironbeam Bank Account Number: 3031226

2. Your support stuff tells me via online chat that I am fraud (whatevery it means).
I asked you by phone call what was meant by "fraud". No answer, only "blablabla".

3. Your sutuff quitting chat leaving questions unanswered (chat nickname larry.mcerlean). Investigate better. You sitting right beheind each other physically, in the office (your company staff tell this via phone call). You exactly know what is wrong and was able to help, but you decided just get rid of me and my questions.

4. NONE of my email to your company "clientservice" was answered. NONE.

I have chat transcript, account screenshot. I will provide it to trustpilot staff if required.

Trustpilot is review website. This is my review. You can agree it or disagree, but it is my review.

Now I know that even is USA you should carefully choose broker company.

upd:
How you know it is not on my name if account is not in your company? Really funny. Account was opened in your company but it was not opened in your company. World should collapse on this words.

Anyways, I have full right to represent that person and act from her name. Power of attorney and apostille for it will be provided upon request.

upd:
You still have not commented behaviour of your client support team.

2 March 2023
Unprompted review
Ironbeam Futures logo

Reply from Ironbeam Futures

Hi Dmitry,

We investigated this review and noticed that the account number you provided Trustpilot with is for a trading account with an introducing broker of Ironbeam, a separate company and brokerage firm that uses Ironbeam for clearing services. When using an introducing broker it is important to understand that your account's support must be directly with that broker.

We investigated the account number you provided us with and it appears that you are not the account holder. This explains our concerns about account security and fraud. We also investigated the chats with our representatives here and I think the language barrier made communicating this difficult and we apologize for any confusion. However, since you are not the account holder, we could not assist you.

If the account was meant to be controlled by more than one person, the account holder can contact your broker and complete the necessary documentation to add you as an authorized user on the account.

Have a great day,
The Ironbeam Team
https://www.ironbeam.com

Rated 1 out of 5 stars

Worst customer service

Worst customer service. If you call the phone some guy picks up the phone probably from his bedroom or something and does not give you a chance to speak and directly asks you for your account number so he can transfer you to the person who is handling your account. The guy named Brent is abrupt as well. Never bothers to respond to emails even after several follow ups. I want to deposit funds and trade with ironbeam, but based on my experience with their customer service they look very shady to me especially after reading others' reviews about withdrawal delays etc.

27 February 2023
Ironbeam Futures logo

Reply from Ironbeam Futures

Hi KJ,

I'm sorry to hear that you haven't been happy with your experience so far. Unfortunately some of your complaints are standard practice. We of course ask for your account number to verify ownership of the account you are calling in about, and if you are assigned to a particular broker here then you would be transferred to him or his team to assist you.

We have been headquartered in the Chicago Board of Trade building since 2010, not a bedroom. You can come tour our offices if you would like to meet our team.

If you are emailing your broker over the weekend please give them time to respond. We are not open when the markets are closed, and at the time that you are writing this review, your broker has been in the office for one hour responding to inquiries from the weekend.

Have a great day,
The Ironbeam Team

Rated 2 out of 5 stars

monthly statement option with a download

The broker is good but the daily statement only being available without a download option is a downside. Having a monthly statement option with a download option would be much more helpful for filing income tax purposes.

8 February 2023
Unprompted review
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Mark,

Thanks for taking the time to leave us a review. We provide yearly statements and 1099's for tax purposes, so you shouldn't need to rely on monthly calculations. I will share your valuable feedback with the team so that we can further improve the customer experience.

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 5 out of 5 stars

Reliable broker!

Reliable broker!
Best costumer service!

20 December 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Sten,

Thanks for the taking the time to leave us a review!

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 4 out of 5 stars

Support needs to be better can be…

Support needs to be better can be improved to a great extent. Otherwise platform is good for trading

7 December 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Balaji,

Thanks for the taking the time to leave us a review!

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 5 out of 5 stars

Fast service to open the account

Fast service to open the account. Any question got a clear answer in the same day with all the clarification you might need. Happy with them, full transparency and professional team.

Thank you

1 December 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Cristinel,

Thanks for the taking the time to leave us a review!

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 5 out of 5 stars

Opening Company Account

Mike is great to work with and is very knowledgeable and responsive.

29 November 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Colin,

Thanks for the taking the time to leave us a review!

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 5 out of 5 stars

5 stars for Mike :)

Mike was very helpful. I look forward to working with him (and the whole team) going forward.

29 November 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Shawn,

Thanks for the taking the time to leave us a review!

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 5 out of 5 stars

The people at Ironbeam are always very…

The people at Ironbeam are always very helpful.

18 November 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Brian,

Thanks for the taking the time to leave us a review!

Have a great week,
The Ironbeam Team
https://www.ironbeam.com
312-765-7200

Rated 2 out of 5 stars

support is not well

support is not well , they said 24/7 support but i want reply for atleast 5 hours, this is not good for for traders

11 October 2022
Unprompted review
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey Satish,

For immediate support you can always call 312-765-7250 and a human will answer right away. It sounds like you may be emailing for support which of course takes longer, especially during peak market hours.

Have a great day,
The Ironbeam Team

Rated 2 out of 5 stars

Read this review if you’re considering the mobile app!

I love the potential for this broker and how everything should work being that it’s cloud based. I was looking to use this broker’s mobile app and web based trading, while away from my home office which I use NT8. But for a broker who, has all 3 types of trading available I’m not convinced that the mobile or convenience is really there. The rep I’m talking to (Alex) is slowly loosing my confidence for the mobile and web based trading. So idk if this broker isn’t putting effort into the mobile app efficiency. Every time I speak or tell him my plans he pushes the platform…or tells me how the mobile may not work or something/may be slow/internet connection…yea that’s the obvious. I trade options swing and day trades using Think or Swim mobile app, been doing it for years…matter of fact TD Ameritrade encourages app usage. I day trade some things on MT4’s mobile app..no issues! Now Alex is definitely pushing the Application process. Wanting you to join and sign up and he’s definitely keeping in contact with concerns. Like currently I just signed up and got the email saying the account is made but for some odd reason when I attempt to log in it freezes for about 5 mins and then says connection lost (mobile and web). The reply…internet connection, however ToS app working smoothly as well as MetaTrader. Now I’m not gonna just give up on the potential in Iron Beam I definitely can see it. But my personal opinion is the “whole package” of this company is not developed enough yet. Don’t focus on getting that initial fee, instead focus on the quality of your server based idea, so that I don’t just close the app and open another app and do the same thing better. A lot of people are trading mobile, using bracket orders and other various ways of trading. So don’t let a little effort created mobile app be a potential downfall.

2 July 2022
Unprompted review
Rated 5 out of 5 stars

I really like the spreads and the…

I really like the spreads and the trading tools!

10 May 2022
Ironbeam Futures logo

Reply from Ironbeam Futures

Hey there,

Thank you for taking the time to leave a review! If you ever need assistance please contact us at trading@ironbeam.com, or https://www.ironbeam.com/support

Have a great week,
The Ironbeam Team

Rated 4 out of 5 stars

NEED VALUABLE INFORMATION

Dear Ironbeam team,
Need to know whether Indian citizens can trade Futures market from Ironbeam account?

9 May 2022
Unprompted review
Ironbeam Futures logo

Reply from Ironbeam Futures

Hi there,

Yes, Indian citizens can open accounts with us. If you ever need assistance please contact us at trading@ironbeam.com, or https://www.ironbeam.com/support

Have a great week,
The Ironbeam Team

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