Read our Neuer Capital review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a neuercapital.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 Neuer Capital 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 Neuer Capital 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.
Neuer Capital Review Conclusions
Making the Neuer Capital 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 Neuer Capital 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] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Biggest scam ever. Please stay away! They take your hard earn money and when you want to withdraw it just disappear. Do not know how they sleep at night. But they will have to give reckoning someday
Biggest scam ever. Please stay away! They take your hard earn money and when you want to withdraw it just disappear. Do not know how they sleep at night. But they will have to give reckoning someday.very disappointed with there attitude they just get my 500$ and run away when I said I have no more money to invest yet…😡
Be very careful PLEASE… Biggest Scam. They are professional scammers who deceive you to invest more money and give you a dream days to buy luxury home in the future. One of scammers’ name is Carl Scott.
SCAMMERS Please stay away! They take your hard earn money and when you want to withdraw it just disappear. Do not know how they sleep at night. But they will have to give reckoning the name of the scammers are Christopher Green, he is the scamming CUN!
After crashing my account they offered to refund my money if I gave them £36000 for security! I refused today I had a message from them saying that I should have listened to them as they knew that Binance was going to be banned .They are professional scammers.
Massive SCAM. I deposited an initial £250 and then was asked to do a wire from my Bitcoin Wallet to theirs.
Stupidly I did, £950, then the ‘amount’ it got up to was just under £2000, so when i asked for a refund they said let the open trades close and see what the final amount is…
So they close them and lose nearly all of the money but just over £250 is left which they refunded to the same card I used to deposit the money, quite funny that is isn’t it knowing I can get a charge back on that so they make sure that there’s just that amount left and then blamed it on the markets that week, no you f***ing did it on purpose and probably withdrawn the rest to a personal or company account somewhere!
I threatened legal action and will be taking it further to get my £950 back no matter what!
The guy that I was dealing with was ‘Simon Parker’ however it could be anything. DO NOT USE THEM UNDER ANY CIRCUMSTANCES.
They are biggest scammers.They took away my £250. When i made a withdrawl request, they started delaying tactics and now after seven months time they are calling people from a brand new name”N Capital”and they claim we bought Neuer capital and Neuer no longer exists. So stay away of them. Dont try to lose your hard earned money .
You are lucky that you got £250 back the Fakeing cun! Took all my savings from me £ 150,000 and I can not get it back from Neuer capital do not use this company as they are a bunch of scammers Christopher Green is one off them who scammed me
This email doesn’t work [email protected]