MONEY RECOVERY FROM REGULATED BROKER SCAMS
We are here for you
We help you recover the money that is rightfully yours.
Recover lost funds
We help clients who have lost money, whether with regulated brokers or through broker scams. Our team of legal experts specializes in tracking funds lost in operations with regulated brokers to help you recover your money.
Regulated brokers
Many investors are well aware of the risks of cryptocurrencies and other investments. To protect their money from scams and hackers, they often take additional precautions; one of the most common is operating through a regulated broker.
Proven processes
Unlike other companies, we don’t just contact your bank to request chargebacks or use free tracking tools. Our processes are effective and designed to ensure the full and professional recovery of your lost money.
What to do if you have lost money
with a regulated broker.
Get in touch with us
Do you believe you have lost money through a regulated broker or a possible scam? Contact WRS as soon as possible.
Broker responsibility
There are many occasions when traders blame brokers for poor results and losses, but sometimes regulated brokers are truly to blame.
Expert legal advice
Our team of legal experts will be able to help you identify if your loss of money was due to a regulated broker’s error or a broker scam and then suggest the recommended next steps
Before using a regulated broker.
Before considering using a regulated broker, it is important to protect yourself from unreliable brokers by conducting some research beforehand.
Do a quick search of the broker online
Searching the internet can give you an idea of whether negative comments are just from a disgruntled client with bad luck, or if they indicate something more serious.
Read the fine print of all documents
Read all documents carefully when opening a new account. Often, brokers offer money to attract new investors, and this can be used against you when you try to withdraw your funds.
Start with small amounts of money
Start with a small amount of money before making large investments with a new broker. Trade for a month or so and then try to withdraw the funds to see how the broker reacts. If there is any problem, try to discuss it with them to see how it is resolved.
We have recovered more than 40 million for clients like you.
In the last 3 years, we have recovered more than 40 million for our clients.
This is possible thanks to our team of lawyers and specialists, who track and recover the investments you lost to scams.
Additionally, we work without you paying anything upfront: you only pay us if we recover your money.
Innovative solutions
Our innovative accounting solutions offer you an efficient way to meet all your needs.
The best support
High-level technicians who guarantee the accuracy and reliability of all business records.
Timely services
We offer reliable and efficient services, both locally and internationally, at the right time.
Josh Barden
Co-founder
Josh is a fully qualified lawyer who graduated from the University of Liverpool with a strong record in his Law degree. Recently, he was nominated as Young Lawyer of the Year 2024.
Richard Levin
Co-founder and Chief Operating Officer
Richard is one of the co-founders of Safe Recovery. He has extensive experience in the sector. He has created and owns companies that have managed all stages of property: from purchasing land to final sales.
Elisa Blood
Paralegal
Elisa graduated with honors from the University of Manchester, earning a Bachelor’s degree in Politics and Criminology.
Luke Chinn
Paralegal
Luke graduated from the University of Liverpool with a strong record in Law. Later, he worked at a law firm specializing in civil litigation and credit hire.
Ellie Daw
Paralegal
Ellie graduated with first-class honors in Law from the University of Leeds and will begin her studies for the SQE exam next year.
We are here to help
Being a victim of fraud can be overwhelming and distressing. You deserve expert guidance and support every step of the way.
Call Us.
(+44) 744 142 5908
Frequently asked questions
about broker scams.
What do I do if I think my broker lost my money?
If you work with a regulated broker and suspect they used your money for their own investments or believe they lost your funds, first review all documentation sent during your dealings. This helps determine if there was an error.
You can also contact us for a free consultation; we will review the documentation and, if the regulated broker is responsible, we can contact them on your behalf to recover your money.
How do regulated brokers lose money?
Regulated brokers may be approved and responsible for their operations, but that does not mean they are always reliable. Unethical brokers will act on behalf of their client, but instead of making the investments they were told to, they will make their own decisions on what to invest in, believing that this will benefit the client and that they will keep the extra profits. However, this often has the opposite effect, and most regulated brokers who choose this path end up losing their clients’ money.
Another way in which regulated brokers lose money is simply by being new to the trading world. Instead of operating with a proven strategy, they do so based on their instinct; for example, if an investor feels that the market will move in one direction or another. When a new regulated broker enters the market, they often do so when their emotions are running high, which usually affects their good judgment.
What is a broker scam?
Investors are increasingly the target of Forex operators and unauthorized brokerage firms that promise high returns and guaranteed profits, posing as legitimate and regulated brokers. These operators offer investments through a managed account where they perform trades on behalf of the investor. At first, investors often report receiving some profits, which gives the impression that their operations have been successful.
However, they later encourage them to invest more money, but it is at this point, or shortly thereafter, when profits stop and all contact is lost. This is a broker scam. If a broker contacts you out of the blue, promises easy profits, or if everything sounds too good to be true, this could be a sign of a scam and you should avoid investing your money.
What is a regulated broker?
If you believe you lost money with a broker, it is important to first know whether they were regulated or not. Regulated means that the broker is accountable to an authority. For example, in the United Kingdom, brokers are usually regulated by the FCA (Financial Conduct Authority). With the millions of pounds we have recovered for our clients here at Safe Recovery, we have seen that more and more brokers serving our clients were regulated by CYSEC, the regulatory body of Cyprus.
Although these clients lost money through a regulated broker, the good news is that these companies and brokers can be held responsible for their errors and misconduct. Thanks to the knowledge and experience of our legal team, we can pressure these regulated brokers to ensure they correctly comply with the complaints process.
What is the difference between an unregulated and a regulated broker?
Regulated brokers must work following the rules of an authority, while unregulated ones are not obliged to comply with them. Regulated brokers must be registered to operate and are authorized by the country where their business originated. Being a registered broker means they have to comply with the standards indicated by the regulatory board.
Although a broker is regulated by an authority, this does not always mean they are trustworthy. Many of our clients lose money with regulated brokers who make poor investment decisions with their funds. However, since they are accountable to a regulatory authority, we can hold them responsible for their mistakes and, hopefully, recover your lost money. If you lose your money with an unregulated broker, you may not have the same level of success when trying to recover your funds.
Why choose Safe Recovery?
In the last 18 months, at Safe Recovery we have recovered almost 4 million pounds for clients scammed by brokers, using our experience and legal knowledge. Sometimes, a person tries to recover their money on their own, but if you are not prepared with the right arguments and admit certain things during the process, the broker can use that against you and try not to provide any compensation. You only have one chance when it comes to recovering money from a broker!
Here at Safe Recovery, we don’t just try to sue the bank or the broker hoping for the best. We are strategic and know exactly how to prepare and build the best argument for our clients. If you believe you have lost money with a regulated broker or through a broker scam, please contact us.