Recovery from a broker possible or not?

Jul 18, 2021 at 07:22
782 Views
14 Replies
Member Since Jul 16, 2021   1 posts
Jul 18, 2021 at 07:22


Hey, fellows. Maybe my topic is a bit of topic, but I would love to get some feedbacks on a company called 'Scamconsulting SCC'. Right now I'm looking not for a new trading strategies, but the ways to recover from being scammed by several brokers, some of them used to be regulated too. Basically, in my research, I keep coming across this company and everywhere mostly positive feedbacks. What is it, just well maintained promotion or 'real deal'?

So, if someone here does have true experience with this company, please advice!
Member Since Jul 19, 2020   788 posts
Jul 18, 2021 at 13:30
I do not know about this company but you will find solutions from this forum.
Member Since Jul 28, 2021   2 posts
Jul 28, 2021 at 16:13
hornardG posted:


Hey, fellows. Maybe my topic is a bit of topic, but I would love to get some feedbacks on a company called 'Scamconsulting SCC'. Right now I'm looking not for a new trading strategies, but the ways to recover from being scammed by several brokers, some of them used to be regulated too. Basically, in my research, I keep coming across this company and everywhere mostly positive feedbacks. What is it, just well maintained promotion or 'real deal'?

So, if someone here does have true experience with this company, please advice!

Yes, I know about this company from firsthand. Used to work with them, I had to recover a quite big amount of investments and simply didn't have another choice. Cannot say that everything went 100% satisfying, like a had to pay more for their services upfront, and we had some delays with the refund deadlines too, but the main impression is good: they do what they say and do their job professionally enough to be able to withdraw investments from a scam broker.
Member Since Mar 16, 2021   477 posts
Jul 30, 2021 at 16:33
You can choose a regulated broker if you want to make a profit in trading.
Member Since Jan 12, 2020   17 posts
Aug 28, 2021 at 17:49
Of course it's possible to recover from bad brokers, however it depends on you actually. I mean that this thing is quite individual. One can recover very fast and start his trading activity with the new broker, another's recovery flows very slow and it also can worsen the whole situation. In my opinion, traders should always be positive despite such sad situations, because if your broker is bad it doesn't mean that you're bad at trading too. It means that you was unlucky to face such a broker and no more. We can't prevent this unfortunately. So, if you have such situation you should forget about it and take it for granted. Always consider such situation as your experience.
Member Since Jul 19, 2020   788 posts
Aug 30, 2021 at 01:09
Shantal posted:
hornardG posted:


Hey, fellows. Maybe my topic is a bit of topic, but I would love to get some feedbacks on a company called 'Scamconsulting SCC'. Right now I'm looking not for a new trading strategies, but the ways to recover from being scammed by several brokers, some of them used to be regulated too. Basically, in my research, I keep coming across this company and everywhere mostly positive feedbacks. What is it, just well maintained promotion or 'real deal'?

So, if someone here does have true experience with this company, please advice!

Yes, I know about this company from firsthand. Used to work with them, I had to recover a quite big amount of investments and simply didn't have another choice. Cannot say that everything went 100% satisfying, like a had to pay more for their services upfront, and we had some delays with the refund deadlines too, but the main impression is good: they do what they say and do their job professionally enough to be able to withdraw investments from a scam broker.
Good info, thank you.
Member Since Mar 28, 2021   617 posts
Aug 30, 2021 at 14:04
@SteveHanks Yes a well regulated and licensed broker is very important for online forex trading. Otherwise our money could get freezed or get scammed.
Member Since Aug 27, 2020   9 posts
Sep 30, 2021 at 19:07
Yes, it's true, it's very difficult to find a good company these days, that's a fact...
Member Since Feb 20, 2021   78 posts
Oct 04, 2021 at 08:30
The only way to recover your funds in such a situation is to file a complaint with the law enforcement agencies in your country.
Member Since Jun 07, 2021   72 posts
Oct 06, 2021 at 06:34
I agree with you, @davemack. Filing a complaint to local law enforcement is the only way to go.
Member Since Aug 30, 2020   15 posts
Oct 06, 2021 at 19:57
Check the licence and regulation.
Read reviews on specialised forums.
Do not take advantage of all your investment opportunities at once.
Check withdrawals.
Member Since Mar 17, 2021   536 posts
Nov 24, 2021 at 20:13
Staran posted:
Check the licence and regulation.
Read reviews on specialised forums.
Do not take advantage of all your investment opportunities at once.
Check withdrawals.
Yes. Proper research is very much needed before choosing a broker.
Member Since Jul 23, 2020   759 posts
Dec 07, 2021 at 22:30
Scam brokers are everywhere. Once traders deposit, they have a little chance of getting back their money.
Member Since Jul 19, 2020   751 posts
Dec 09, 2021 at 06:43
It depends how did you lose it. If you lose the money by trading, you won't get it back. But they are keeping your money unlawfully, you may get it back if the broker is regulated.
Member Since Jul 23, 2020   869 posts
Dec 09, 2021 at 20:26
If you want your money to be protected you should use regulated brokers.
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