Check out the Optic Trades Review to find out whether we would recommend this broker to trade with. To clarify any doubts this review review is an optictrades.com review.
What are their names?
When you look over their website, it is clear that they are not under any regulatory agency. That is a MAJOR RED FLAG!! That should be enough warning for you to avoid investing with these websites. Additionally, they work with websites that provide “Automated trading software” which is another red flag since these kinds of sites are well-known for scams.
It is clear that Optic Trades is just another Forex broker that is not regulated and the clients aren’t protected, and there is a high chance they’ll get away with your hard-earned money and there is no regulatory agency to hold them accountable.
How do you make it work?
Most unregulated forex brokers operate in the following manner. They call clients in order to convince them to deposit the initial deposit of minimum amount and will try every possible strategy to get it done. They’ll make promises that seem too appealing to be real for example, we’ll make your deposit double or make you $100 per day in a matter of days. Don’t believe anything they claim! It is a SCAM! Once you have made an initial payment, users are referred to a better scammer, known as”retention agent” “retention agent”, who will attempt to extract more money from you.
Cashing out funds
You must send your withdrawal request ASAP as your money is never secure when you use a broker that is not regulated. Here is where things can get a little complicated.
If you are planning to withdraw your cash and it doesn’t matter if you are earning profits or not, they’ll hold off withdrawing your money for several months. If they hold it off for 6 months, you won’t be able to submit charges anymore, and your funds will be gone for good. No matter how frequently you call them to remind them or demand that they withdraw your money, you’ll never get it back. And if you’ve had signed an agreement known as the Managed Account Agreement or MAA which basically allows them to do whatever they wish on your account, they’ll be able to take all your money and there will be nothing to ask for.
How do you return your money?
If you have already made a deposit of your money with them but they are unable to refund the funds back. Which is likely to occur, don’t fret you may have one of the ways to recover your money back.First of all , you’ll need keep your emails to prove that you’ve been asking for the refund from them, but they refuse to give it back to you, or hold up the process for too long in the hope of not returning your money.
First thing that you must take is to perform the chargeback! You should complete this immediately! Contact your credit or bank provider and tell them how you were cheated into making deposits to a company trading that isn’t regulated, and refuses to pay you your funds back. This is the most straightforward method to recover your money and also the one which is the most damaging to them. Because if they have a large number of chargebacks made, it can end their relationship with the companies that provide payment services. If you’ve never attempted this before, or you’re uncertain of where to begin or how to approach your credit or bank company, we are able to assist you in preparing your chargeback. Just contact us but do not let your broker know they you read this article or that you are in contact with us.
What are the wires?
If you’ve sent them wire, there’s no way to do chargebacks on wires. To do this, you’ll need to escalate the dispute to a higher stage. Inform them that you’ll take the matter to the authorities and make a complaint against them. It will cause them to think twice about the possibility of refund. Another option is write an email to the regulatory agencies. In the case of the country in which you live, look up Google to locate the agency responsible for regulating Forex brokers in the country you live in. You can then write an email or letter in which you describe the deceit you received by them. You must send this letter or email to them and inform them that you’ll submit it to the agency that regulates you in the event that they fail to refund your money. If you do not know where to start, reach for us and we will help you with this step as well.
Be sure to leave reviews about Optic Trading on other websites.
Another method of hurting them and prevent others from being victimized is to leave negative reviews on other websites, and then describe in detail what transpired. If you’ve been a victim, please write a review and leave your feedback on this site in the comments section. In addition, when these companies modify their websites, they are more likely to call their previous clients in the first instance, so if they phone you from a brand new website make sure you note it in the comment section or inform us by emailing us. This would be greatly appreciated by families and friends around the world. If you receive phone calls from different companies, Please mention the names of these companies in the comment section or send your information to us. We will be able to expose them as well.
Optic Trades Review Conclusions
The Optic Trades review is actually our pleasure and we’d like to spare as many people as we can from losing their hard-earned money. One good rule of thumb is to thoroughly review all Forex businesses, and any other business in general, prior to you sign any contract. We hope that this Optic Trades review has been beneficial to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at
If you’re interested in trading be sure to do so by using a reputable, licensed broker by selecting any of these brokers below.
