Crediteubank Review

Read our Crediteubank review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a crediteubank.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Crediteubank is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Crediteubank in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Crediteubank Review Conclusions

Making the Crediteubank review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Crediteubank review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

etoro

9 COMMENTS

  1. crediteubank pressured me into a loan from them they said they would lend me the 33000.00 for a bit coin and I could pay it back within 180 days how ever much a month I could afford. Sent me some standard forms and I signed them and sent them back. How stupid is that did they really lend me that money?

  2. Crediteubank is a Scam! I am a victim. Here is how they work. At first, they will ask you to e-Transfer a minimum deposit of $250USD. According to them, they will trade for you and guaranty no loss during the first week. What they do after is to make your number looks very profitable. In my case, the next day after I put $250, ma account showed a balance of $400. And then, they start to contacting you again and again, urging you to transfer more money (they suggest me to invest $50,000 since the market is so profitable). I suddenly realized that it could be a scam. So I tried to withdraw money from my account. You know what, I could not! It is not under my control. So I ask them to close my account and send me the money back. No news from them anymore. Once you transfer the money. It doesn’t belong to you anymore. What you see in your account on their website is just a number. On their website, it shows that they have been in business since 2015. But actually, this platform exist since late 2019. What is more, they are not under any regulation agencies. Don”t lose your hard earned money and STAY AWAY FROM THEM!!!

  3. My name is Steve, I was mislead and scammed out of my money, it started with $300 to start, then they convinced me to transfer $2500, I feel like such a fool! I requested a withdrawal, but I am getting the run around, they do not respond to my emails, and I have phoned them on many occasions, never called me back! I had a bad feeling about this whole situation! They will not respond to me on the what’s app either. I am so pissed of!

  4. I deposited 2,000.00 to start a account then was convinced to deposit another 2,500.00 and again 2,500.00 profits looked good and went for another 2,500.00 but then got a fraud alert from my bank as the funds were deposited into a ontario numbered company. So now I wanted to withdraw and not getting any response. I will start the process of trying to recover my funds wish me luck. And I suggest you avoid dealing with Crediteubank Cheers

  5. Hello, thank you for these comments. Did the first step and got the money back after cancelling credit card and making enquiries. Still was not sure, but now I am confident that I will not continue with them.

  6. Hello, I have a question, I deposited my money with these idiots CreditEUBank nov8 2020, then the rest just before Xmas 2020, is it to late to do a charge Back, because it’s been three months, please advise.

  7. The only things you can do, keep asking for them to refund your deposit. This will probably be a waste of time. But you can let the authorities know and file a report. Inform your bank also but it will be very difficult to get you funds returned.

  8. Opened an account with them and could not get all my money back, (About $400) what alerted me to their scam is when I give them my credit card information. Strange charges started which my bank rejected. Had to cancel the credit card to ensure no more charges come through. I got $100 back as their way to entice me to transfer more money to them, they claim to have quadruple my investment in one week!

  9. CreditEubank…!!! It’s so polite to call them scammers. They’re broad daylight THIEVES. I lost my savings of USD 1500. All my attempts to get a refund came to naught. One of their agents called Jonah Baker is the super thief.
    If there’s any way I can be helped to get my money back, I will be grateful.
    David, Montreal.

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