Finance

What Should I Do If I Was Scammed by a T1Markets Broker?

In case you were scammed by T1markets, here are a few tips on how to get your money back immediately

What is a Broker T1Markets?

T1Markets is a brand of General Capital Brokers Ltd. Since the broker holds CySEC regulation, the glancing look would give you a feeling that everything is alright. However, if you try to go a bit deeper, you will find many things about this broker far from alright. In fact, you will wish that you never deposited your money.

To find out more about the broker, please read our T1markets review.

How can T1Markets Take Your Money?

After you signed up with T1Markets, you will receive a call from their employees. After a brief explanation of the trading process, you’ll be asked to invest a minimum of $250. Of course, you’ll be promised to get assistance from a professional account manager. Now, the problem is that these account managers are mostly there for their commission and not your best interest. And their commission comes from the investment you make.

That would be completely fine if they provided legit service. Suppose they tried to help and guide you to be profitable. 

Instead of assistance, you are being persuaded to invest more and more. Yes, maybe the first couple of trades will be successful until they earn your trust. And this is where your hell starts.

After you have deposited your funds, you virtually won’t be able to withdraw them. And if you cannot withdraw, what is the purpose of having an investment account?

If something like this happened, do not hesitate to report the broker and ask for help.

What to Do If You Have Already Gotten into the Hands of a Scammer?

Now, the question is how to deal with the scam. If you have a terrible experience with T1Markets or any other illicit brokerage, you know that getting money back is not an easy task. In most cases, your bank is not interested in assisting you since you are the one who approved the transaction.

If you tried to contact the broker and be persistent, you risk getting suspended from account access. And then you really have no other option but to request a chargeback.

A chargeback is a process of refunding the card in case someone was scammed online. It’s not impossible to get money back, but it requires specific steps to be taken. That is why our team would be glad to assist you.

We are dealing with fraudulent brokers for quite some time, and according to our experience, having help cannot hurt.

Contact us via the form provided here, and get all the information about the chargeback.We would love to hear you out and figure the solution together. After we know what happened, we can help you file a dispute and get what’s rightfully yours. Let’s start now scambrokersreviews.com Note that our consultation is free.

Also Read- Understanding Forex Brokers

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