
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 in online trading, it can be difficult to interpret where money lost 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 gamble and as such losing capital invested is possible, but this does not mean that losing money to mishandled funds is acceptable.
It is true that no 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 report the 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
1.Report the broker to the authorities;
2.If you have used a credit card, contact your bank to request the transactions to be blocked;
3.Check that the Forex broker is regulated so that you can rely, if possible, on the country’s supervisory body;
4.Contact a lawyer experienced in 5.Forex,because a professional will know how to
Investors who report a scammer may be eligible become beneficiaries of an Investor Compensation Fund, as has happened in the cases of AFX Capital Markets Ltd and 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.