Verifying the Trading Platform's Licensing
We start by checking the Capital Market Authority's registry to confirm the licensing status of the platform you dealt with, since this verification fundamentally determines your available legal path later and any claim's success likelihood.
Reporting Unlicensed Platforms to the Capital Market Authority
When the platform is entirely unlicensed, we help you file a formal report with the Capital Market Authority, which holds authority to block these platforms and penalize those running them if they're within the Kingdom.
Account Manipulation Practices
We help victims of account manipulation practices, such as artificially changing execution prices or refusing to execute closing orders in time, document these practices as evidence of bad faith.
The Platform Refusing to Allow Fund Withdrawal
Among the most common forex victim complaints is the platform refusing to allow withdrawal of profits or even the original invested capital, and we help you formally escalate this problem through available channels.
Assessing Fund Recovery Chances Based on Platform Location
Recovery chances differ fundamentally whether the platform is registered within the Kingdom or abroad; foreign platforms need a more complex path that might require coordination with international bodies or lawyers in the platform's country of registration.
Fraud Through Local Promoters and Brokers
We help victims of fraud through local promoters convincing them to invest in suspicious forex platforms for a commission pursue these promoters criminally alongside attempting to recover funds from the platform itself.
Documenting Dealings as a Basis for Any Claim
We always advise documenting all dealings with the platform: transfer receipts, trading account screenshots, and correspondence with technical support, since this documentation is essential for any subsequent report or claim.
Collective Complaints Against One Platform
When a large number of investors are harmed by the same platform, we help them organize a collective complaint directed to regulatory bodies, more effective than scattered individual complaints in attracting relevant authorities' attention.
The Difference Between Licensed and Suspicious Forex Platforms
We help new investors understand warning signs distinguishing suspicious platforms, such as promises of high guaranteed returns or pressure for quick registration, to avoid falling victim to this type of fraud from the start.
How We Start With You
Send us the platform details you dealt with and any documents or screenshots you have on WhatsApp. We help you realistically assess your fund recovery chances.
Frequently Asked Questions
How do I verify a forex platform's licensing?
We check the Capital Market Authority's registry to confirm the platform's license before any new dealing or while reviewing an existing dispute.
Can funds be recovered from an unlicensed platform?
It's harder with unlicensed platforms, but we review available regulatory complaint and judicial claim options based on your case.
The platform has refused to let me withdraw my profits for weeks. What are my options?
We help you formally escalate this problem, assessing whether the platform is within or outside the Kingdom to determine the most suitable path.
A local broker convinced me to invest in a forex platform that turned out to be suspicious. Do they bear liability?
Yes, we help you criminally pursue this broker alongside attempting to recover funds from the platform itself.
The platform I deal with is registered abroad. Does this complicate recovering my funds?
Yes, it needs a more complex path that might require coordination with international bodies or lawyers in the platform's country of registration, and we help you assess this option.
Several investors were harmed by the same platform I deal with. Can a unified complaint be filed?
Yes, and it's more effective than individual complaints, and we help you organize this collective complaint.
What signs indicate a particular forex platform might be suspicious?
Promises of high guaranteed returns and pressure for quick registration are prominent warning signs, and we help you assess any platform before investing.