Mychargeback is a company that claims to help people get their money back from fraudulent transactions. However, there is growing evidence that Mychargeback is actually a scam broker. In this review, we will take a closer look at Mychargeback and explain why you should avoid it.
Company Overview
Mychargeback is a company that was founded in 2017. The company claims to have helped over 10,000 people get their money back from fraudulent transactions. However, there is no evidence to support this claim.
They have not licensed by any financial regulator. This means that the company is not subject to any oversight or regulation. This is a major red flag, as it suggests that Mychargeback is not a legitimate business.
Does Mychargeback Have Any License?
No, this company does not have any license to operate as a financial services company. This means that the company is not subject to any oversight or regulation. This is a major red flag, as it suggests that Mychargeback is not a legitimate business.
Is Mychargeback Regulated By Any Authority?
No, it is not regulated by any financial authority. This means that the company is not subject to any oversight or regulation. This is a major red flag, as it suggests that Mychargeback is not a legitimate business.
Pros and Cons
Pros:
- The company claims to have a high success rate in getting people their money back.
- The company offers a free consultation to potential clients.
- The company has a website that is easy to use and navigate.
Cons:
- The company is not licensed or regulated by any financial authority.
- There is no evidence to support the company’s claims of a high success rate.
- The company has a history of negative reviews from former clients.
How Does Mychargeback Reach To Their Prey?
They uses a variety of methods to reach out to potential victims. These methods include:
- Placing ads on websites and social media platforms.
- Sending unsolicited emails.
- Making cold calls.
Mychargeback targets people who have recently been scammed or who are looking for help getting their money back. The company preys on people’s desperation and offers them false hope of getting their money back.
Technical Details
Minimum Deposit:
The minimum deposit requirement for Mychargeback is $250. This is a relatively low deposit requirement, which makes the company more accessible to potential victims.
Trading Platform:
This website does not have its own trading platform. Instead, the company uses the MetaTrader 4 platform. MetaTrader 4 is a popular trading platform, but it is also a popular platform for scammers.
Spread:
The spread on Mychargeback is high. This means that the company makes a profit on every trade that its clients make.
Leverages:
Mychargeback offers high leverage. This means that clients can trade with more money than they actually have. However, high leverages can also magnify losses.
Packages and Products They Offer
Mychargeback offers a variety of packages and products. These packages range in price from $250 to $2,500. The more expensive packages offer more features and benefits.
Withdrawal and Deposit Method
Mychargeback offers a variety of withdrawal and deposit methods. These methods include credit cards, debit cards, wire transfers, and cryptocurrency.
What Do Their Previous Traders Say?
There are many negative reviews of Mychargeback online. Former clients have complained about the company’s high fees, poor customer service, and lack of transparency.
Summing Up- Why Should Not You Trust Mychargeback
Mychargeback is a scam broker. The company is not licensed or regulated by any financial authority. There is no evidence to support the company’s claims of a high success rate. The company has a history of negative reviews from former clients.
If you have been scammed, you should contact a legitimate chargeback company. A legitimate chargeback company will help you get your money back without charging you any fees.
If Bad Things Happen, Where Can You Get The Quick Solution?
(we provide free consultation calls and recovery service recommendations to help in recovering the lost funds)
If you have lost money to Mychargeback or any other scam broker, you are not alone. There are many people who have been scammed by these companies. There are also