Have you been scammed by CTmatador and want to get your money back? Read on to discover how Global Assets Refund can help.
We advise caution when considering using CTmatador as a broker for trading. Despite their claims, this broker is not reliable and is likely to deceive customers by giving the impression of being supported by a reputable international corporation.
In reality, they are an unregulated, offshore entity with questionable practices. It is best to avoid doing business with CTmatador to protect yourself from potential financial losses.
How Scam Brokers Work
These trading platforms attempt to pique consumers’ interest by posting scam advertisements on social media. A well-known person frequently explains how to get rich quickly in these fake ads.
Mobile applications are also used by trading platforms to attract victims. These fake ads or mobile applications are frequently included as part of a virtual currency or training course offer.
Fraudsters frequently get in touch with victims right away after they click on the advertisement or download the mobile app, give them their contact information, and present a specific investment proposal (in shares, alternative investment products, virtual currencies, etc.).
These platforms are extremely aggressive. Scammers may even attempt to persuade victims to allow them to remotely control their computers to make certain money transfers. Fraudsters also attempt to persuade victims to invest increasing sums of money. They also make repayment promises in exchange for one last money transfer.
People who agree to do this worry that they won’t be able to get their money back or that they won’t hear from the platform where they put their money.
READ: How To Get Your Money Back From Spotinvest
Things to Know About CTmatador
Regulation and Safety of Funds
CTmatador portrays itself as an international broker, with offices in the Netherlands, the United Kingdom, Singapore, and Switzerland. A glance at the footer on their website, however, reveals that the company behind this broker is based in St. Vincent and the Grenadines.
The problem with brokers based in this country is that they are not regulated. The SVGFSA (the local financial authority) does not regulate forex trading or license forex brokers; it only monitors the banking industry. This is why many con artists have chosen St. Vincent and the Grenadines as their base of operations: to avoid the harsher laws and requirements that exist in stricter jurisdictions.
Choosing companies with licenses is the only way to ensure that your broker is trustworthy and will conduct business fairly and transparently. We recommend that you look into brokers who are regulated in the United Kingdom, the European Union, or Australia.
CTmatador appears to be a very uncompetitive broker. In a world where many brokers will open an account for as little as $10, the minimum deposit amount they require is $250.
Withdrawal Methods and Fees
CTmatador appears to only accept MasterCard and Visa payments made through FinanicNEW and ChargeMoney (which are unpopular electronic payment platforms). We’ve never heard of either of these payment options, and from what we can tell, they may not even exist.
However, if you have successfully deposited money with this broker using a credit or debit card, you are in luck because both of these payment methods allow chargebacks within 540 days of the transaction.
Have You Been Scammed By CTmatador? Get Your Money Back
Preventing being duped is the best way to avoid the problem altogether. To do this, ensure that you only trade with licensed companies, carefully read the terms and conditions, and check all relevant registers of financial authorities in your area that regulate forex brokers.
If you have already deposited, your chances of getting your money back may be limited. However, there is still hope, particularly if you deposited with a credit or debit card. Visa and MasterCard permit chargebacks within 540 days of the transaction.
Additionally, there are steps you can take to prevent further financial losses.
Change any passwords or banking information you provided to the scammers and remove any remote access software you installed.
Scammers may claim that they can assist with trading or other issues if you install their software, but their true intention is to gain access to your computer and steal your passwords and other information.
Notify the police and share your story online and with your friends. The more people who are aware of these scams and how they operate, the less likely they are to be successful.
How Can Global Assets Refund Help?
Have you been scammed by CTmatador and you are looking for ways to recover your money? Global Assets Refund can help.
There have been lots of complaints about CTmatador. The FSMA, in their publication, also confirmed that CTmatador is a scam platform.
Global Assets Refund offers comprehensive financial fraud investigative measures to assist victims of the CTmatador scam in recovering their funds. Global Assets Refund was set up to protect and help people who were scammed out of their money by investment fraud. They do this by using skilled asset recovery specialists.
READ: How To Get Your Money Back From LQDFX
Did You Make a Payment to CTmatador Through Crypto?
If you paid CTmatador with cryptocurrency, make sure you have all of the transaction receipts; you’ll need these crypto transaction receipts to stand a chance.
Global Assets Refund can help you get your money back if you have these receipts.
Did You Make Payment to CTmatador Through Wire Transfer?
There is no way to reverse a wire transfer, so if you sent CTmatador scam wire transfers, your only option is to contact Global Assets Refund.
To get your money back from CTmatador, you’ll need to work with a trustworthy company like Global Assets Refund. If you don’t have the right advice, a standard chargeback process can be difficult and time-consuming.
If you want to get your money back from CTmatador, contact the asset recovery experts at Global Assets Refund. We have a proven track record of recovering funds, and your case will be no exception.