No, IRS is totally unsafe. If you open an account with it, you have to give away your personal information, which they will exploit for fraudulent activities. And thus you will suffer identity theft, which could be financially and personally devastating. The best way to protect yourself from fraud and theft is stay away from IRS, a scam broker.
IRS marks itself as a forex broker equipped with advanced trading tools. It offers a company number 06884783 and an address in the UK to appear legitimate. However, its claim is false.
According to the UK financial watchdog, the Financial Conduct Authority (FCA), the company number IRS purports belongs to a company named Investment & Retirement Solutions Ltd, an FCA-authorized firm. The FCA has confirmed that this authorized one has no association with IRS and IRS is a clone firm. The full FCA warning can be accessed here.
Given its fraudulent nature and the FCA warning, BrokersView strongly suggestS investors steer clear of IRS. Individuals dealing with the fraudulent platform are at substantial risk, and there are no rules in place to protect them. If any violation occurs, traders may not be able to retrieve their funds or get compensation from any official body. To mitigate such risks, it is advisable to choose a fully regulated broker instead.
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