Abetglobal Review
Read our Abetglobal review to see why we do NOT recommend this broker for trading. Just to clear any doubts, this is an abetglobal.com review.
Is Abetglobal a Scam or Legit?
After examining their website, it’s clear that they are not under any regulatory agency. This is a MAJOR RED FLAG! That alone should be enough for you NOT to invest with them. They also work with websites offering “automated trading software,” which is another red flag, as these kinds of websites are notorious for scams.
So, Abetglobal is just another unregulated forex broker, which means customers are not protected, and there is a high likelihood they will get away with your hard-earned money without any regulatory agency to hold them accountable.
How Does the Scam Work?
Usually, unregulated forex brokers operate in the following way: They call people to persuade them to make the initial minimum deposit, offering deals that sound too good to be true. They might claim to double your initial deposit or promise you’ll make hundreds of dollars per day easily. Don’t fall for these claims; it is a SCAM! After making the initial deposit, clients are transferred to a more experienced scammer, called a retention agent, who will try to extract more money from you. Additionally, don’t trust the positive Abetglobal reviews you might see online. They pay websites and services to improve their online reputation by posting favorable reviews.
Withdrawing Funds from Abetglobal
Positives
Negatives
- No Regulation
- Scam
Breakdown
- Transparency 0.5/5
- Legal information 0.4/5
- Trading assets 1.1/5
Submit a withdrawal request immediately because your funds are never safe with an unregulated broker. Here is where things get tricky.
If you want to withdraw your money, whether you have profits or not, they will delay the withdrawal process for months. If they delay it for six months, you won’t be able to file a chargeback anymore, and your money will be gone for good. No matter how often you remind them or insist on withdrawing your money, you will NOT get it back. And if you signed the Managed Account Agreement (MAA), which essentially authorizes them to do anything they want with your account, they will lose all your funds, leaving nothing to request.
How to Get Your Money Back from Abetglobal?
If you have already deposited money with them and they refuse to give it back, don’t worry; there might be a way to recover your funds.
First, keep all emails as proof that you have been requesting your money back, but they are either refusing or delaying the process.
The first step is to perform a chargeback! Do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money with a non-regulated trading company. Mention that they refuse to return your money. This is the simplest way to get your money back and also the most effective. Multiple chargebacks can damage their relationship with payment service providers. If you haven’t done this before or are unsure where to start, we can assist you in preparing your chargeback case. Just contact us at info@thefxreview.com but don’t let your broker know that you read this article or that you are contacting us.
What About Wire Transfers?
If you sent them a wire transfer, a chargeback is not possible. You need to escalate the matter. Inform them that you will go to the authorities and file a complaint. This might prompt them to reconsider your refund. Another option is to prepare a letter or email for regulatory agencies. Depending on your location, search for the regulatory agency for forex brokers in your country. Prepare a letter or email detailing how they deceived you, and show this to Abetglobal, stating that you will send it to the regulatory agency if they don’t refund your money. If you need help with this, reach out to us at info@thefxreview.com, and we’ll assist you with this step as well.
Leave Abetglobal Reviews on Other Sites
Another way to fight back and save others from falling victim is to leave reviews on other sites. Look for other sites with reviews about Abetglobal and briefly describe your experience. If you’ve been scammed, please leave a review and comment on this site. If they contact you from a new website, mention it in the comments or inform us. Additionally, if you receive calls from other companies, share their names in the comments or send them directly to us, and we will expose them too.
Abetglobal Review Overview
Writing this Abetglobal review was necessary, and we hope to save as many people as possible from losing their hard-earned money. A good rule of thumb is to carefully review all forex companies or any other company before making any transactions. We hope this Abetglobal review has been helpful. If you have any questions or need advice about the withdrawal process, feel free to contact us at info@thefxreview.com. If you like to trade, please do so with a trustworthy, regulated broker by choosing one of the brokers listed below.