How can we get back funds from a broker?

Mar 08, 2020 at 13:10
Vistas 2,176
29 Replies
Miembro desde Aug 21, 2019   posts 11
Oct 14, 2020 at 10:16
If your broker won't give your money back then I would just contact the regulator and then move on. No point fighting it. They are probably scammers and will never be found. Just make sure you get a better broker next time and regularly withdraw any profit
Miembro desde Jul 28, 2021   posts 2
Jul 30, 2021 at 16:59
morozBo posted:
I wouldn't blame other CFDs companies, where I've lost some money due to my lack of knowledge and confidence in trading a few years ago. I was just a beginner and was ready to lose. But my 'bad luck' just continued with other regulated brokers like 24OPtion and Bdb, which made me deliberately invest, trade, and invest more in order to trade...until I ended up losing over 220k. Despite the fact, we had signed a contract and agreement about all my investments being insured and secured, my manager, who had traded with me, made my account less for 30k in a week time. After he understood, that I had no more money to add, he and other employees emptied my account within 3 weeks!! It became a torture for me in trying to catch a living person on the phone or skype. I made several withdraw attempts and all of them were ignored.
Chargeback, that could've had been done if I didn't send the broker my IDs and signed the contract would be much easier to make. And it wasn't my case!!
Took me long two years to find a legit company with quite strong lawyers, who would be able to find a true beneficiary aka Bdb owner, gather undeniable evidence in a scam and make a pretrial agreement with'em.
Needless to say that the services of Scamconsulting SCC cost me quite a lot, but that was the price for my own stupidity and the lesson! My conclusion is THERE ARE NO CREDIBLE and RELIABLE BROKERS!!

I know them!! Cheez! How many doubts and heavy predictions I went through while working with them, to be honest I never believed I could possibly get some of my money back. So I was wrong and that was my joy to be that wrong! I got ALL my investments back just in 3 or 4 months.
Miembro desde Aug 17, 2021   posts 94
Sep 25, 2021 at 17:16

Contact The Broker And Make a Deal. When you realize the potential signs of being scammed, the first thing you should do is contacting the broker.
Show Off Your Toughness. .
Be Stiffer.
Ask For Help From Authorities
Miembro desde Aug 17, 2021   posts 94
Oct 09, 2021 at 19:02
If you change your mind about an agreement you made with a credit broker online or over the phone, you can cancel the agreement at any time within the first 14 days. You have the right to a refund of the money you've paid. Contact the credit broker to tell them you want to cancel the agreement and get your money back.
Miembro desde Jul 03, 2021   posts 18
Oct 14, 2021 at 04:46
They are just playing for time. Send them and email every day and call them as well. Threaten them with legal action
Miembro desde Aug 11, 2019   posts 21
Oct 20, 2021 at 16:31
Actually, for suchsituations brokes have customer support which solve these issues easily. They just need to know why do you want to get your funds back, you answer them and they make a withdrawal for you. On the other hand, if you want to get back funds which you lost, then it's impossible. The only way here is to win these funds. Brokers thoroughly follow up the movements and actions of traders and can help them any time. Of course it depends on the particular broker, if it's reliable and responsive, then it will help you. If you faced unproper broker and unreliable one, then you should forget about your funds.
Miembro desde Jan 22, 2023   posts 1
Jan 22, 2023 at 21:24
i lost $500,000 to FTX and lost more funds looking for trust worthy recovery agencies .i lost a total of $700,000
Miembro desde Jan 19, 2023   posts 21
Jan 23, 2023 at 09:02
Thts why you never go with non-regulated brokers. If your broker was infact regulated, you can most likely get some answers / your issue solved with Regulator.
Miembro desde Mar 01, 2019   posts 13
Jan 23, 2023 at 14:01
You can only get your money back from properly regulated brokers. If you broker is regulated on some little island then you are lost
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