There are plenty of reputable, registered binary option investment brokers and trading platforms out there. If you’re ever having any doubts about a particular brokerage or platform, do your research about it and check their registration status, or simply look for a different one.
Here are just a few examples of brokers and sites that are binary option scammers:
- AlldayOption
- Anyoption
- Banc De Binary
- Binex
- Byrix.com
- Fenix-Option
- MFX Broker
- Migesco
- OptionTime
- Titan Trade
How to get your money back from a binary options scam: 3 options
1. Chargeback
As soon as you realize you’ve become a victim of a binary options scam, the first thing you can try is getting your money back through a chargeback.
This means contacting your credit card company to explain the situation and see if they can reverse the charges to your card that you made through a fraudulent trading platform or brokerage.
This is often the easiest option because you only have to deal with your bank or credit card company. Keep in mind that you usually have to try and claim a chargeback within 120 days of when you realized you were scammed.
Claiming a chargeback requires you to write a letter to your card issuer explaining your case.
Make sure to include all the fraudulent charges and their dates, the total amount of money you want charged back, and the name of the binary options trading platform or broker that scammed you.
You should also include any additional evidence you have, such as copies of emails you sent attempting to contact the fraudulent company about releasing your funds.
2. File a Claim
The second option you have to get your money back from a binary options scam is to file a legal complaint against the broker or start a lawsuit. The best way to do this is to find a reputable lawyer who has experience with this type of litigation to help you through the process.
A good lawyer may be able to find out the real names of the people behind the scam to hit them with a lawsuit and get your money back. They may also be able to follow the money to the bank where the scammers keep it and put pressure on the bank to give you back your funds.
3. Hire a binary options recovery expert
The third and final way you can get your money back from a binary options scam is to hire a binary options recovery expert. These are specialists whose sole focus is on helping recover funds that have been defrauded from you.
If you’re not confident in handling the issue yourself, a binary options fraud recovery expert is your best bet for getting your money back.
This is because they have years of experience dealing with people just like you who have been victimized by these online scammers and have a high success rate of getting funds returned.
What is the best company to get your money back from a scamming binary options broker?
If you’re interested in hiring a binary options recovery expert, contact PayBack LTD today. We have a strong track record of success recovering money from unregulated binary options brokers.
We’ll review your case, look at the evidence, and go to great lengths to retrieve your defrauded funds.
Our strength lies in the fact that we’ve all worked in the options or forex industries, or in international banking and cybercrime law. We know how to leverage fraudsters by damaging their processing and banking funnels.
Conclusion: I Was Scammed On Binary Options How Do I Get My Money Back?
Finding out you’ve been scammed on binary options is a devastating discovery, but you don’t have to give up on ever seeing those dollars again. Now you know what your options are when it comes to getting your money back from a binary options scammer.
Don’t hesitate to contact us if you want to talk to our team of professional binary options recovery experts.