![]() ![]() If you fallen victim please leave a review and a comment on this site at the comment section. Make sure you leave reviews about Protraderfx in other sitesĪnother way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you do not know where to start, reach for us at and we will help you with this step as well. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. After that you can prepare a letter or an email describing how you got deceived from them. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. Another thing you can do is prepare a letter or email for the regulating agencies. That will get them to rethink the refund possibility. Tell them that you will go to the authorities and file a complaint against them. For this step you need to raise the fight to a different level. If you sent them a wire, there is no way to perform a chargeback on a wire. Just contact us at but do not let your broker know they you read this article or that you are in contact with us. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. This is the simplest way of getting your money back and is also the way that hurts them the most. The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.įirst of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. Usually unregulated forex brokers work in the following way. ![]()
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