To recover money from a scam company, the first thing we must do is gather all the possible evidence that we want our money, that we have requested it from the company and they do not respond, or that they simply ignore our withdrawal request. To continue, we invite you to try this money recovery service. Try the service in English.

What steps to follow to recover money from a scam

If you have been scammed by a broker and you want to recover the money, what you should do is request the recovery of capital with the recovery service that we offer, they will help you in the process, speed it up and accompany you in communicating with your bank or entity through which you sent the money.

Get your money back - we help you

How to recover money from a broker

To recover money from a broker it is necessary to know that there is a big difference (when recovering our money) between regulated brokers and unregulated ones. In general, recovering money from an unregulated broker is more complicated since regulated brokers, even if they have poor regulation, must follow a series of guidelines and laws, unregulated brokers do not. Do we deal with a regulated broker or an unregulated one?

We must also differentiate between the types of regulation, there are good ones (from countries like Spain, Germany, France, Italy, Argentina, Colombia, Mexico, Ecuador, Peru, Chile) and there are bad ones (from countries like Seychelles, Mauritius, San Vincent and the Grenadines, British Virgin Islands, Vanuatu – Tax haven countries or islands). If the broker has good regulation, the recovery process will be, in general, easier. These types of brokers follow at least certain guidelines and laws that protect their clients.

How to recover money from an unregulated broker

Brokers that do not have regulation, also called financial bars or unregulated brokers, are companies that, as their name indicates, do not have any type of regulation. 

If, for example, we are going to the case of Spain, a broker who wants to work with Spanish clients, must have the authorization and regulation of the Spanish regulator, the CNMV (National Securities Market Commission).

Before explaining a method to rescue capital, the truth is that the ideal situation is that before investing you realize that it is a very unsafe company and do not do it. Avoid investing, either because you notice something strange, something that does not convey security or because you read a review on our website mentioning that it is an unsafe company.

If you are in the situation where you have already sent money to the broker and have noticed that it may be a scam, in our opinion, the best way to get the money back, It is through this CAPITAL CLAIM service - CHARGEBACK. Try the service in English.

Simplifying the process, what you have to do is ask for our money, we will surely be ignored, then contact the bank or card issuer and explain the situation, we sent money being deceived and we want it to be returned to us, we were victims of fraud. The money, if we do everything correctly, will be "frozen" or "blocked" until the bank or issuer decides what to do. It is vital to prove that we were indeed scammed in order to get a successful chargeback.

It is worth mentioning that ✅ in this type of services time is crucial ✅, keep in mind that you will have more chances of requesting a Chargeback ✅ and that it will be successful, if you do not let a large amount of time pass.

How to spot an unregulated broker

So that you can recognize them more easily, some other characteristics of this type of brokers (and in general companies that provide financial services without authorization) are:

  • They do not have regulation
  • They are based in little-known countries or countries considered tax havens: Anguilla, Antigua and Barbuda, Bulgaria, Dominica, Estonia, Cayman Islands, Marshall Islands, British Virgin Islands, Mauritius, Nevis, Saint Kitts and Nevis, Saint Vincent and the Grenadines , Seychelles, Vanuatu, to name a few of the most popular examples
  • They have regulation, but very little serious regulation: Cyprus, British Virgin Islands, Saint Vincent and the Grenadines, Seychelles, Vanuatu
  • They lie about their location or regulation
  • They do not provide key information about themselves: such as location, regulation
  • They harass their customers with calls
  • pressure to invest
  • They promise very high returns in a short time
  • They want you to send money in cryptocurrencies (Bitcoin, Litecoin, Ethereum, Bitcoin Cash, etc)
  • They get upset if you ask about their regulation, location
  • They get upset if you ask about negative reviews you've read about them online

How to recover money from a regulated broker

 If the recovery is done with a regulated broker we have more in our favor, even if it is a little serious regulation, at least we have much more data from the broker and the broker must respond, at least in part, to the laws of the country where it resides . It is a big difference to a broker that, for example, lacks regulation and does not mention where it is located, to which company it belongs, all this makes the recovery task more complicated. 

Whether or not it is a regulated broker, the chargeback or money recovery procedure is also more or less similar, we have to start a dispute with the entity through which we send money. And we want that dispute to rule in our favor, for this we have to prove that we were scammed before the entity through which we sent our funds.

Conclusion

En Recommended brokers.com We receive daily numerous messages from clients of brokers or related investment companies, which unfortunately, they have lost their money through lies, deceit and manipulation by very little serious and not very transparent brokers, with bad intentions and above all, not very honest.

Every day we read hundreds of messages from broker clients who are in a very bad situation, and this really worries us. We always think of some way that we can help our website visitors. In fact, the web was created in the first place to help investors looking for broker information.

Thus, today we have more than 800 reviews of brokers that work mainly in Latin America and Spain, which is where the vast majority of our visitors come from.

Here we have explained in our opinion the best way to recover money from a broker. We know that it is something extremely frustrating and exhausting, that is why we always recommend before investing, to investigate on your own, take your time, think it through and above all, invest money that you are willing to lose, since in the world of investments , a large part of the traders lose their money, the majority.

Only a few, those with vast experience can really make money from investments.

FAQ – Frequently asked questions

What is Chargeback?

It is the return of an amount of money through a dispute or complaint (usually) initiated by the person who sent the money. 

What is the regulation of a broker?

It is the series of rules, measures and guidelines that a broker must follow, usually to protect the client. The more serious the broker's regulation, the more protected their clients are.

What is an unregulated broker?

It is a broker that does not have authorization to operate, nor must it follow any type of rules or laws, which usually protect its clients or client funds. Unregulated brokers are high risk and we consider them to be unsafe.

How to know if a broker is regulated in Mexico?

It is simple, we must look on the website, in the footer or footer of the website, but rather a section that talks about the regulation, the regulation number and the authority that regulates the broker, then verify this on the official page of the broker. regulator.

What is a financial chiringuito?

It is a company, dedicated or related to the world of online investments that does not have any type of authorization or regulation to act, operate or receive money from its clients.

What does pirate broker mean?

It is a scam broker, usually unregulated that cheats its clients and steals their money.

1.076 comments on «How to recover scammed money»

  1. Steve Reply

    I was scammed by a broker who calls himself lixiaofang. I still have contact with that person, she doesn't know that I discovered her. How do I get my money back?

    • Recommended brokers.com Reply

      Hello Steve, we are reviewing several reviews at the moment, but we will put yours as a priority to be able to rate this broker. If you have the web it will be of great help.

      Greetings.

  2. Luis Reply

    Dear people, I was scammed by 4view .io, I have lost about 10000 dollars and I don't know how to recover

    • Recommended brokers.com Reply

      Hi Luis, thanks for commenting on 4VIEW. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. Gloria Martinez Reply

    Hello! I invested €250 in trade-coin and they convinced me to invest €2000 now I have seen suspicions and I want to withdraw it all. I passed it to them and they told me that now it was not possible because the money was blocked by an open transaction. I don't know how to get my money back

    • Recommended brokers.com Reply

      Hi Gloria, thanks for writing about Trade-coin. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  4. Giancarlo Carvelli Reply

    I invest, so I say, euro 250 its arkcoin ma dalla piattaforma non mi fanno prelevare. Ho invited and documented and my son appoggiato its a post pay evolution, what fare?

    • Recommended brokers.com Reply

      Hello giancarlo, write ArkCoin in our search engine and you will find a review about them with comments. Thank you for your comment about ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY

      Greetings.

    • Goods Reply

      Hello giancarlo, you have been scammed by TowardsSource broker, contact me

  5. giancarlo carvelli9 Reply

    I invested, by way of saying, 250 euro with ArkCoin but my fan did not rip off my money. I invite documentation to my sono appoggiato su una posta pay Evolution

    • Recommended brokers.com Reply

      Hello giancarlo, we thank you for this information, it is very relevant for everyone to be attentive. Thank you for your comment about ARKcoin. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY

      Greetings.

  6. alfredo valenzuela Reply

    hello, good morning, I just made a deposit of 250 dollars in xpro markets, I still have not given the documentation that you request, can you tell me if they are scammers and if so, how can I get my money back

    • Recommended brokers.com Reply

      Hi Alfredo, don't do it and don't sign anything! Don't send documentation of any kind and try to go back. If you invest with them they will steal your savings and you will live a nightmare. Thank you for commenting on Xpro Markets. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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