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Facing Forex Withdrawal Problems? Opt for Expert Consultation!
With Financial Recovery Team, you can troubleshoot the cause of your forex withdrawal woes and get back access to your money.
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How We Work?
Know how we do what we do
01
Investigate
Smell something fishy? Our experts will run a fraud investigation, confirming the broker’s validity and credibility for you.
02
Complaint
Ended up with a not-so-legitimate broker? We accept forex withdrawal complaints and help you get to the root of your issue.
03
Fight Back
We ensure that you get what is rightfully yours while you rely on our legal proceedings and robust evidence.
04
Fund Recovery
The ultimate goal. We are here to bring you seamless recovery solutions. Our aim is to get your money back and win your case.
Possible Reasons for delays in your Forex Withdrawal
Common Forex Withdrawal Issues
- Longer Waiting Duration
- Restricted Withdrawal/ Rejected withdrawal requests
- Shows no account balance
- Blocked account/Logged out of your account
Why your forex withdrawal process is delayed
- Haven’t met Forex withdrawal limits/ insufficient balance
- Incomplete documentation
- Open forex trade
- Forex scam
What can you do about it
- Reach out to the support team and assess the problem
- Report to your regional authorities
- Keep an eye out for forex trading scams
- Resolve the withdrawal problem with us
We are here to aid you
01
What is Forex?
Foreign exchange is a market where currencies are exchanged and traded for profits.
02
Forex Withdrawal
When you plan to cash out your forex investment, it is known as forex withdrawal.
03
Withdrawal Procedure
Generally, an online withdrawal should take 24 hours or approx 5 business days in case of a delay.
04
Delays in Withdrawal
Sometimes forex withdrawal delays occur due to local bans, bank issues, etc.
Everything One Needs To Know About Forex Withdrawal Scams
Like other financial scams, Forex Withdrawal Scams have become a severe threat to forex trading beginners who are unaware of such problems. Since new investors quickly buy into brokerage services without any knowledge, these fraud companies manage to pass as a dependable and recognizable entity for a while.
Few of these brokers may even allow the traders to make some money in the initial phase to make their services seem credible.
Eventually, the users’ funds are held captive. The forex fraud broker may undertake any of the following executions;
- Make it mandatory that you satisfy some set conditions to become eligible for a withdrawal.
- Claim that they would hold the right to conclude whether you qualify for a withdrawal or not.
- Impose excessive forex withdrawal fees, commissions, or forex tax implications on your funds.
- They brush off the user by dodging calls and avoiding any other form of communication once the user requests withdrawal.
- Disappears in thin air.
05
Forex Withdrawal Problems
If you are unable to access your funds, you might be dealing with forex withdrawal problems.
06
Forex Withdrawal Scams
Fraud brokers promise attractive returns and eventually rob your funds.
07
Unanticipated Taxes & Fees
Many brokers hold your funds back and demand huge fees and forex taxes without prior intimation.
08
Resort to Fund Recovery
With Financial Recovery Team, you can recover access to your locked forex funds.
Ways To Avoid Forex Withdrawal Scams
Foreign exchange is an extensively profitable market that attracts many scammers. Since these scam investment companies disguise themselves as advanced service providers facilitating unrealistic returns, it becomes vital that a trader learns how to spot and identify them. This can further assist in avoiding such scams. Here are some precautionary steps that a trader can adopt;
- Conduct detailed research before you sign up with a broker.
- Confirm that they are licensed and regulated.
- Check whether the returns they ensure are in sync with the market standards.
- Don’t fall for promises.
- Check their forex withdrawal process, limits, and other essential details.
- See what everyone is saying about the broker.
If there are any significant red flags, you should avoid connections with such brokerage services.
Know Us
We aid you, we guide you, and we get your money back.
We prepare to win. Our experts handle your financial matters with timely, transparent, and thorough strategizing. We proficiently fight scams within the Cryptocurrency, Binary, Forex, and other markets. WE:
- Recover money with an unfaltering caliber.
- Serve clients across 22+ countries.
- Provide transparent and timely solutions.
- Secured a win rate of 92%.
FAQ
Ask what’s on your mind & we’ll make a genuine effort at answering every question for you.
If you prefer resolving your query in a one-on-one session, we’re one email or call away. Our consultants are ready whenever you are!
Forex trading is a legitimate market that deals in the exchange between foreign currencies. However, some imposters and fraud exchanges make it challenging for the forex traders to identify their intentions, thereby freezing their withdrawals and running away with their funds.
No, some forex withdrawal delays could be due to genuine reasons such as insufficient balance, withdrawal limits, bank holidays, mode of payment that takes long (for eg. forex wire transfer withdrawal may take up to 10 days.), etc. But that doesn’t rule out the chances of a forex withdrawal scam.
You can start by addressing your concern and seeking support from the exchange. But, if they seem unresponsive, you can report it to the authorities and can file a complaint with Financial Recovery Team, who will then investigate the case and help you recover your money.
Fund recovery, also known as investment or resource recovery, is the process of retrieving your money stuck with scammers or dishonest merchants. Fund recovery operates in three main steps—identification of the issue, in-depth investigation, and recovery of funds and assets. After verification of the merchant or broker, appropriate legal actions are taken.
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