123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

Potential Solution For Recovery Of Capital After A Binary Options Scam

By Author: James Green
Total Articles: 2

In the recent years, binary options fraud victims have seemed to multiply rapidly. The primary reason behind these binary options scams is that many binary options firms have popped up both domestically and internationally with the aim to capitalize on the lack of initial regulation on the binary options financial trading sector. People who do not have proper education towards binary options trading fall victim to this scam.

A binary options scam starts off with an email about some amazing new app that can make you rich. If you click on that link, you’ll be directed to a page with a video of someone showing you their new app, how to use and make more fortune. After watching this video, you’ll be prompted to sign up to a binary options broker who will assist you in creating an account for you.

Most of the times people end up with their funds blocked if they are signed up with a broker that is a complete fraud. Here we’ve discussed how chargeback helps you recover from a binary options scam.


Chargeback procedure can be used if your binary trading account has been loaded with a credit card. This can be attempted to cancel any fraudulent transaction and get back your money. The credit card companies will try to do a chargeback if you properly report the transaction and if they approve your request.

How Does It Work?

If you are a victim of binary options scam, there are companies specialized in chargebacks that can assist you in that. The simple three requirements to make charge successful are,

- Transactions dates and amounts
- The binary options trading website/company
- Total amount deposited

Tips to Identify a Binary Options Scam

- The victim is cold called by a complete stranger
- A specific profit for a particular data
- Brokers applying severe pressure by imposing deadlines
- If you are contacted telling that this is a special offer meant just for you
- The company making the offer is registered in a small, under-populated country you can’t easily find on a map

The following criteria characterize the best binary options brokers,

- Popularity
- Regulatory bodies
- Tradable financial instruments
- Accepted payment methods
- Trader friendliness
- Effective returns and withdrawals, and more

The author of this article has a vast working knowledge of chargebacks and wire recalls. In this article, he explains how chargeback helps you recover from a binary options scam. Visit https://mychargeback.com/ for more information.

More About the Author

MyChargeBack's team is built from professionals with extensive financial, legal and regulatory backgrounds. We have made it our business to assist the victims of scams to recover their money. If you've been victimized by Binary Options, Forex or CFD Brokers - we can assist you. Please click below to learn more about our fund recovery services. Online trading brokerages can be ruthless in their greed and corruption. MyChargeBack can assist you to get your money back by guiding you each step of the way.

Total Views: 46Word Count: 422See All articles From Author

Legal Articles

1. When Do You Need A Medical Power Of Attorney?
Author: Carl Glendon

2. Hire Houston Traffic Ticket Attorneys To Prove Your Point In The Court
Author: arricsmith

3. Why It Is Important To Make Use Of A Rental Agreement Form
Author: Carl Glendon

4. Uk Visa Interview Questions To Help Prepare Yourselves
Author: Siddhant Menon

5. How To Create Last Will And Testament In These Simple Steps
Author: Carl Glendon

6. 5 Steps To Rent Out Commercial Property With Maximum Safety
Author: Carl Glendon

7. Tips To Find An Accident Lawyer To Help Your Car Accident Compensation
Author: James

8. Six Tips To Choose A Migration Lawyer For Your Business
Author: Lester Ong

9. On Visa Application Guidelines: Uk Student Visa Consultants In Bangalore
Author: Surabhi Singh

10. Business Continuity Technology | 2019 Focus
Author: Ollie Law

11. Never Do These Things While Going To Law College
Author: Lahiri Associates

12. How Can A Spinal Cord Injury Lawyer Helps You In The Difficult Phase Of Life!
Author: Jack Connor

13. Find Attorneys In South Africa
Author: Find Attorneys in South Africa

14. Nov 2018 - Why You Should Bother With A Uk Visa Appeal After Bring Refused
Author: Siddhant Menon

15. Stimulating Interest Before A Crisis Event
Author: Ollie Law

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: