RTTFX Review

Read our RTTFX review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an RTTFX.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 RTTFX 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 RTTFX 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.

RTTFX Review Conclusions

Making the RTTFX 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 RTTFX 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

7 COMMENTS

  1. Hi I was recently with a broker called OBFX WHERE I DEPOSITED OVER 7000 WHICH the account manager managed to lose all of it in just three days during that 3 days I could not get in contact with them because all of the phone numbers that they had used to contact me were suddenly cut off and then the actual website OBFX DISAPERED, after about a week the account mannager called me again which I founnd to be strange, anyway I did get a little bit angry with him so he tried to explain wher he had been, suposibly of work due to some personal bisness. after his appoliges he said he would give me 2000 of his own money back into my account after several days he put in 1000 in dollers which came to 1,344 dollers. Now you would think that i had learend my lesson but this guy is so convincing that before i knew it he was into my Pension account which he said was a loosser because it has had a negitif amount for the last three years, I am ashamed to say that he managed to perswade me to withdraw all the money from the pension fund which I did and am now waiting for that money to go into my bank account which amounts to £65,500. he has set up an account with Kraken so he can invest all that money in gold, sorry for the long letter but i am now very worried about what I should do next?
    can you help me.
    Regards
    Michael H Thain

  2. COMPANY OF THIEVES.
    I WISH THE HUMAN BEING WOULD USE HIS ABILITY TO CREATE NICE THINGS AND NOT ABUSE PEOPLE. I’M JUST TELLING MYSELF HOW I COULD BE SO INNOCENT! MAYBE WITH THE DESIRE TO MAKE A SMALL PROFIT IN THE CIRCUMSTANCES WE ARE.
    THIS WEB EXPLAINS IT THAT WAY THEY WORK- THEY HAVE AN INCREDIBLE EASE OF CHEATING AND THEY ARE ALL PEOPLE FROM CYPRUS WITH THAT CHARMING ACCENT AND TALKING TO A WOMAN TRY TO PLEASE WITH A TONE OF CONCERN FOR THE PERSON. THE MOMENT I SAID “I WANT MY MONEY BACK” SO THAT I REPEATED IT MANY TIMES I WAS PERSUADED BY SAYING THAT I WOULD LOSE A LOT OF MONEY….. I EVEN SAID “I’M NOT INTERESTED ANYMORE!!!” GIVE ME BACK WHAT I INVESTED- I’LL BE HAPPY WITH … THEN THEY STARTED THE STRATEGY THAT MY ACCOUNT STARTED TO LOSE, SOMETHING THAT AT FIRST I “WAS A LUCKY PERSON”
    I DEPOSITED £250 £1000 £600 AT TIMES, SOME DAYS I WAS VERY SUSPICIOUS AND BADLY I SAID “I HAVE NO MONEY !!!” I DON’T WANT TO FOLLOW THIS!!! I WISH MY MONEY BACK STAY WITH THE REST I GIVE THEM I DON’T CARE! ….
    AND BETWEEN THURSDAY OF LAST WEEK TO TODAY I HAVE BEEN ABLE TO OPEN MY COMPUTER EVERYTHING IS AT ZERO. THAT’S WHY I’M WRITING NOW. 100%SCAM SCAM SCAM SCAM SCAM
    PLEASE DO NOT BELIEVE THIS EVEN WITH A NATURAL AMBITION .

  3. Rtt-fx.com
    Absolutely scammers!!!
    First deposit 250£, than they will say it’s not enough money to trade. So you will deposit more and they will make to loose than they will ask you do you want to recover your account? Of course you want to recover, than you will deposit more and same again! Lost 3500£ and they will not take responsibility. Stay away!!!!

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