chargebackme.com has been flagged by Cyprus Securities and Exchange Commission for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: chargebackme.com.
I signed up with chargebackme.com after hearing about them at a conference and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: API access|Clean UI
Cons: Mobile app could be improved|No dark mode on mobile
The only good thing about chargebackme.com is that they remind you why regulation matters. I found them from a blog post comparing services. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Responsive team|No hidden fees|Comprehensive tools
Cons: Nothing significant|Withdrawal takes 1-2 business days
Do not believe the bonus offer from chargebackme.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Customizable dashboard|Detailed reporting|Transparent fees
Cons: Email notifications too frequent|Could offer more webinars
Do not use chargebackme.com for anything serious. I used them for over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular updates|Fast execution|Dedicated account manager|Clear documentation
Cons: Mobile app could be improved|No integrated tax optimization
I want to warn everyone about chargebackme.com. They have been flagged by Cyprus Securities and Exchange Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
I lost a significant amount because chargebackme.com did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Instant funding|Tax reports included|Segregated accounts
Cons: Onboarding videos are outdated|Wait times can be long during peak hours
Several red flags with chargebackme.com: (1) They promise unrealistically high returns, (2) They're not registered with Cyprus Securities and Exchange Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The onboarding at chargebackme.com was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Customizable dashboard|Easy to use platform|Clear documentation|Full transparency
Cons: Currency conversion fee exists|Help articles are sometimes vague
I want to warn everyone about chargebackme.com. They have been flagged by Cyprus Securities and Exchange Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
chargebackme.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Economic calendar|Multi-device support|Transparent fees|Helpful community forum
Cons: Wish they had more educational resources|Would like more payment methods