Tips to get your Money back from Fraudulent Forex Brokers

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Have you ever been scammed by a forex broker? Well, fraudulent brokers lure traders and rob their money.

Once you make the deposit, there is a very low chance to get your money back.

Fortunately, you have a solution to get out of this problem. Take a look at this guide given below to recover your money from fraudulent forex brokers.

The goal is to pressurize the scam broker and make them execute your request:

1. Contact the broker and strike a deal

After you have been scammed, try contacting the broker instantly. Write a polite mail about withdrawal and ask them to process it instantly and you will give them a good review. If they still delay, then give them warnings to take rigorous steps.

1. Reveal your toughness now

If the deal doesn’t work, then publish your situation on trade communities to alert traders about the firm. Bring your case to big trading groups on social media platforms. Once your case is published, invite the broker representative and ask them for a peaceful resolution.

1. Get more stiff

If the broker still doesn’t surrender, then keep giving bad reviews and comments about them on forums and review sites. Reveal the fraudulency to other traders and warn them not to trade with this firm. Make sure you contact the broker on every step because they may be ready to make an arrangement.

1. Seek help from authorities

You can file their complaint with the regulatory body they are linked with. Also, register a complaint with the authorities such as CFTC, FINRA and SEC. if the broker is registered by an authority, you can seek their help and get your money back. If not then, there is nothing much they can do.

1. Hire Money-Back

If you have tried all the above methods and nothing has worked, then you can hire Money Back fund recovery service.

It works as an online police and takes legal actions to make the scammers return the money instantly. They work as professional lawyers and trade experts to recover your money from any trading scam.

Categories: Investment