chargebackmoney.biz 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: chargebackmoney.biz.
I invested $1,000 with chargebackmoney.biz after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Cyprus Securities and Exchange Commission.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I wanted to transfer my portfolio from another broker to chargebackmoney.biz. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Personal attention|Stable platform|Easy withdrawals|Regular updates
Cons: Wish they had more educational resources
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. chargebackmoney.biz recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Regular updates|Economic calendar|Multiple order types|Professional team
Cons: Currency conversion fee exists
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that chargebackmoney.biz has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The only good thing about chargebackmoney.biz is that they remind you why regulation matters. I found them after hearing about them at a conference. 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: Quick verification|Regular platform improvements
Cons: Research section could be deeper