Contents hide
- What steps to take to recover money lost in trading
- What are the chances of recovering money lost in online trading?
- How to recognize a Forex trading scam
- How did you lose money in Forex trading?
- Who stole your money in Forex trading?
- How did you realize that you have been scammed?
- Who to report a possible online scam to
- Beware of those who contact you unsolicited to recover your money
- Why rely on a law firm expert in Forex?
How to recover money lost in trading?The first and most important step is to report any suspicious activities that have occurred.
For those who invest inonline trading, it can be difficult to interpret where moneylost was due to natural risks that occur in trading, or if the loss was orchestrated unlawfully; and at times, it is nearly impossible to say with confidence if you have been the victim of a forex broker scam without expert advice.
Forex trading is always a gambleand as such losing capital invested is possible, but this does not mean that losing money to mishandled funds is acceptable.
It is true thatno one can guarantee to get back what is lost, but in most cases at least part of the investment can be recovered. The first step in doing this is to reportthe scammers, for this gives judicial authorities the ability to intervene and freeze funds where possible.
What steps to take to recover money lost in trading
- Report the broker to the authorities;
- If you have used acredit card, contact your bank to request the transactions to be blocked;
- Check that the Forex brokeris regulated so that you can rely, if possible, on the country’s supervisory body;
- Contact alawyer experienced in Forex,because a professional will know how to
What are the chances of recovering money lost in online trading?
Investors who report ascammermay be eligible become beneficiaries ofan Investor Compensation Fund, as has happened in the cases ofAFX CapitalMarkets Ltdand PlexCorps.
This is why it is important to always report promptly.Remaining silent does nothing to help yourself nor others who have been victims of these scams.
How to recognizeaForex tradingscam
It isimportant toknowhow to recognize a Forex scamandunderstandwhen you have been a victim of one.
How did you lose money in Forex trading?
- You have been made promises but at the end of the day the broker has been careful not to keep them?
- Have you been guaranteed a bonus but have been told that the capital invested will need to be surrendered in order to receive it?
- Did you believe that your account was continuing to earn but your funds have been drained?
- Have you had any unexplained losses and no justification for why they would have occurred?
Who stole your money in Forex trading?
- Was your Forex broker unauthorized and were you aware of it?
- Did you believe that the online Forex broker was regulated and have since discovered it is not?
- Have you been made to understand that the Forex broker’s registered office was in Europe only to discover that it was instead of a tax haven?
How did you realize that you have been scammed?
- Have you been unable to withdraw funds from your account?
- Have you been unable access your account information?
- Have you been unable to contact your broker or have been bounced from one person to another by the call center without receiving any satisfactory answers to your questions?
- Have you noticed that your Forex broker has a questionable reputation based on the opinions of other investors or on specialist sites?
Usually, the revelationof a scam having occurred comes when you want to withdraw and enjoy the fruit of your investments and are unable to withdraw.
Who to report a possible online scam to
If yours is one of these cases, it is of the utmost importance to collect any and all documentation that can be used as proof, and to report the broker to the local authorities.
In Italy, the activitiesof brokers aremonitoredbyCONSOB(exposed module), which has the power to shut down illegally-run sites.You can prepare the report yourself or have assistance in reporting with the help of aForex trading lawyer.
If you believe that the situation deserves a thorough investigation by the competent authorities, you can contact theFraud department of the local police(online reports), whichdeals with online crimes.Keep in mind that the online report alone is not enough, you must go with a copy of the report to a police officer.
Beware of those who contact you unsolicited to recover your money
Sometimes scammers target the victims of other scammers, and even in the cases of their own victims, to offer their assistance to recover lost money.
Reports of bogus law firms, or non-existent investor compensation funds, are on therise,claiming to help people scammed get their money back.
The emails of the scammers (as well as phone calls) are usually recognized by the inaccuracies in the information provided, by the fact that they arrive with an offer for you fromnowhere (without you having priorly contacted them) and by the promises to recover all of the lost funds which, this type of guarantee, is impossible to give and will not be done by trueprofessionals. They may also work to discredit those who work honestly to helptheir clients, who have been victims of Forex scams.
It is good to keep in mind that …
A reliable trading broker should be registered the official regulatory bodies (Consobfor Italy,Cysecfor Cyprus,Fcafor Britain,Nfa for the United States).
A scammer who hides their capital abroad makes it difficult for the police to recover it, but not impossible, given that a network of collaboration between the various supervisory activities has now developed.
Don’t be afraid to report, there’s no shame in being scammed, and the complaint is necessary to stop the scammer from continuing to do the same to others. The supervisory authority is the entity able to initiate shutting down the site to prevent the scam from continuing.
A report should be done as soon as possible, both because in the immediacy of the crime you have the opportunity to collect the greatest amount of information relative to your case, and also if you are still communicating with the scammer, the authorities are better positioned to stop them before they cut contact and finding them proves more difficult.
If you can, preferably use credit cards to make your investments, as the bank can activate a chargebackprocedure, a process which allows to reverse a payment.
Don’t trust anyone who contacts you and promises they can get all your money back.
Why rely on a law firm expert in Forex?
Experience has taught us that all is not lost, that brokers are not always scammers, and that a gentle approach can bring more benefits than a threatening one.
A scammer is avictim only if he behaves like a victim, but that if he reports he is a little hero, and we have learned that many scammed together can be a crushing force to put the people who have taken advantage of them.
We have found that the complaintalone is not enough, that a practical law firm in Forex trading can succeed where the authorities stop, because they cannot devote themselves to every single person who presents a complaint.
Thanks to the interest in the individual client, the work ofa Forex law firm is instead targeted and can be carried out in the best way, through its network of contacts (offices abroad, in strategic points, such asCyprus) and knowledge, created over the years.
Because over time you learn to recognize, and to distinguish, a scammer from an honest broker.
The investigative work of a lawyer is to distinguish such differences, and to understand how to get the money back to the client.
TheBoccadutri International Law Firmoffers their team to assist anyone fallen victim to Forex fraud, and therefore, if you are seeking legaladviceon Forex investment fraud, please contact ourForex department.
As eachscam is different, no matterhow similar they seem, with the help of an experienced lawyer a tailor-made solution will be made for you to address your particular situation.We do not make unnecessary promises, and therefore if the situation is such that proceeding would be counterproductive, we will advise you.
Request a consultation now!
Complete the form to request a legal consultation. Our experts will evaluate your case and suggest the best solution.
Calogero Boccadutri
Calogero Boccadutri is the Managing Partner of Boccadutri International Law Firm.He has trial experience in Forex, Personal Injury and Administrative litigation.
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55 responses to “How to recover money lost in Trading”
CalisileTfusi says: 20 May 2021 at 15:35
please may you help me recover my money lost from forex scam
Reply
- Calogero Boccadutri says:
21 May 2021 at 13:40
Dear Calisile,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Peter Bergeron says:
30 September 2021 at 6:51
I lose a lot on a very insidious scam trap from Tinder, what can you do for me?
Reply
- Calogero Boccadutri says:
12 October 2021 at 12:20
Dear Bergeron,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- V Mohan says:
25 October 2021 at 9:29
My father lost a lot of money in forex scam…can you please help..he is devastated
Reply
- Calogero Boccadutri says:
29 December 2022 at 12:39
Dear Mohan,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- basotho says:
15 November 2021 at 13:54
please help me to recover my money on forex i have been scammed
Reply
- Calogero Boccadutri says:
29 December 2022 at 12:38
Dear Basotho,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Shabu Kizhuvali says:
7 January 2022 at 4:43
Can you help me to recover my money lost from Forex scam
Reply
- Calogero Boccadutri says:
31 March 2022 at 11:27
Dear Shabu Kizhuvali,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
Calogero
- MARILYN KUSI says:
7 February 2022 at 20:12
I THINK I HAVE BEEN SCAMMED BY AN ONLINE FOREX BROKER CALLED LEXATRADE. IT WOULD BE A RELIEF IF YOU COULD HELP ME RECOVER MY FUNDS
Reply
- Calogero Boccadutri says:
31 March 2022 at 11:13
Dear MARILYN KUSI,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Abayomi Oke says:
3 March 2022 at 10:33
Please sir, I need your assistance to recover my money from a forex broker who have decided to cut me off without any notice. They have decided not to respond to my mail, chart and all form of communication with them.
ThanksReply
- Calogero Boccadutri says:
31 March 2022 at 11:11
Dear Abayomi Oke,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Calogero Boccadutri says:
29 December 2022 at 12:18
Dear Oke,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Seyad Hussain Haroos Mohamed says:
31 March 2022 at 9:52
Sri I have invested six months a ago my account group 7000 USD I cannot withdraw even 100 dollar I’m willing to pay 10% handling changes please help me thanks
Reply
- Calogero Boccadutri says:
31 March 2022 at 11:08
Dear Seyad Hussain Haroos Mohamed,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Marisa Felipe says:
4 April 2022 at 13:30
Hi I’ve been scamed by swiftfxcapital I lost 3500usd please help me to recover it thanks..
Reply
- Calogero Boccadutri says:
29 December 2022 at 12:16
Dear Felipe,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Martin Ariesanto says:
12 April 2022 at 6:04
Dear Calogero
I have scammed by forex broker, can you help recover my money? please contact me
Regards,
MartinReply
- Calogero Boccadutri says:
29 December 2022 at 12:12
Dear Ariesanto,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Dorelle says:
23 April 2022 at 15:27
Can u please help me i can’t draw my money
Reply
- Calogero Boccadutri says:
29 December 2022 at 12:11
Dear Dorelle,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Nick Le says:
4 May 2022 at 19:32
Hello,
I deposited $25000 Bitcoins to a forex broker, and I realized I have been scammed by them.
Can you please help! Thank you.Reply
- Calogero Boccadutri says:
29 December 2022 at 12:09
Dear Nick,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- omprakash gupta says:
3 July 2022 at 13:19
I loose 19000 dollars fraud by octa fx giving un proper excuses I need compassion kindly help me to recover the amount
Reply
- Calogero Boccadutri says:
29 December 2022 at 12:02
Dear Gupta,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- erkan says:
24 July 2022 at 13:53
hello, I deposited money to BKYHYO ltd, which invests on binance and metatrader 5 through my bank, but when I want to withdraw my money from this company, it started asking for fees such as tax processing fee and deposit and I cannot withdraw my money. what can i do about it, can a chargeback be made about it? please let me know what can i do
Reply
- Calogero Boccadutri says:
25 July 2022 at 19:09
Dear Erkan,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Muhammad Younus says:
17 September 2022 at 21:07
Hello, I deposited money to BKYHYO Ltd,which invests on mt5,through my bank, but when I want to withdraw my money from this company, it started asking for fees, such as tax and and handling fee. Inspite of depositing the required amount, not only I’m unable to withdraw my funds but they also froze my account
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:49
Dear Younus,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Kushal Singh says:
6 August 2022 at 0:41
Hello, I deposited $1500 money to BKYHYO ltd, which invests on binance and metatrader 5 through my bank, but when I want to withdraw my money from this company, it started asking for Tax Verification fees in 2hours and i deposited that then they rejected that & ask again to deposit the money within 4hours. Now they freeze my account & I cant able to withdraw my money. what can i do about it? can a chargeback will be made about it? please let me know what can i do.
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:57
Dear Kushal,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Erwin Montesa says:
10 August 2022 at 20:15
Please help me. I invested money but when I want to withdraw some portion of my money, I can not withdraw. I was ask to pay the tax first but since I am only withdrawing a portion from my fund, I reasoned to deduct the necessary tax from there. They cut me off from our conversation.
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:55
Dear Montesa,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Arjun says:
1 September 2022 at 14:50
Hi,
I have deposited lots of my amount with Lextrade, they are asking for deposits to withdraw profits. till now my profits aslo with them excluding my deposits.
For additional deposits they are they are creating trades in negative way that always we lose money.
If i have received my deposits and profits with backend trades, i will give 20K$ minimum as fee to you. (After recovery only)
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:54
Dear Arjun,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Mutaz Ali Hassan says:
5 October 2022 at 23:44
I started trading and was tempted to increase the amount and then started sending me a margin call and that the trade was losing
Can you help me to get my money backReply
- Calogero Boccadutri says:
29 December 2022 at 11:46
Dear Ali Hassan,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- Moureen says:
17 November 2022 at 19:10
Hi,I lost my$100 through a platform called worldfxtrade help me bring down this platform
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:06
Dear Moureen,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Felista says:
27 November 2022 at 18:59
Hello sir . I would like you to help me recover my money lost in Forex scammers
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:06
Dear Felista,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Thulane says:
27 November 2022 at 20:47
FX Digital Wealth scan me and want my profite
Reply
- Calogero Boccadutri says:
29 December 2022 at 11:05
Dear Thulane,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Khalil safwat says:
2 December 2022 at 11:02
Can you help me to withdrawal my money from leobor forex global limited company
Reply
- Calogero Boccadutri says:
28 December 2022 at 17:33
Dear Khalil,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Mipak Riba says:
8 January 2023 at 17:11
Is any fee charged to get help to recover forex card scam?
Reply
- Calogero Boccadutri says:
9 January 2023 at 17:47
Dear Mipak,
Thanks for your comment.
We kindly ask you to send a request using the following link, and our experts will contact you as soon as possible.https://www.boccadutri.com/legal-advice/
Kind regards,
CalogeroReply
- tlangelani confidence says:
12 January 2023 at 15:56
Hi will you help me withdraw my profit on FX goat trading I traded using their account so now when I tell them to give me my profits they always say I must pay 550 to get my money
Reply
- Calogero Boccadutri says:
12 January 2023 at 16:29
Dear Tlangelani,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Ros Fish says:
20 January 2023 at 9:13
Good day….please i would like to report Fraud linking to Koinscapitech
I used about four hundred and 60 thousand Rands. the trader wants me to pay a further R1000.00 to have this money release this money stated 8.2 millon at this point…please can you assist me regarding this matter
all of this was done by my moblie
Ros FishReply
- Calogero Boccadutri says:
24 January 2023 at 10:35
Dear Fish,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
- Niel Scholtz says:
22 March 2023 at 17:59
Good Day,
I have invested $2500 and did online forex trading with EZ-Invest who has offices in the UK.. my account was on $4600 and when I wanted to do a with draw all the funds disappeared. When I asked about this they made me to believe that it is now with a machine or a robot that needs to trade on my account so that the credit amount can be made up.
Funds disappeared over night and the only feedback I am getting is that it will take some time.
I am based in South Africa and need to know if I am waiting my time with this?
Reply
- Calogero Boccadutri says:
27 March 2023 at 11:16
Dear Scholtz,
Thanks for your comment. Our experts will contact you as soon as possible.
Kind regards,
CalogeroReply
CalisileTfusi 
Calogero Boccadutri 
Peter Bergeron 
V Mohan 
basotho 
Shabu Kizhuvali 
MARILYN KUSI 
Abayomi Oke 
Seyad Hussain Haroos Mohamed 
Marisa Felipe 
Martin Ariesanto 
Dorelle 
Nick Le 
omprakash gupta 
erkan 
Muhammad Younus 
Kushal Singh 
Erwin Montesa 
Arjun 
Mutaz Ali Hassan 
Moureen 
Felista 
Thulane 
Khalil safwat 
Mipak Riba 
tlangelani confidence 
Ros Fish 
Niel Scholtz Leave a Reply
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