Read our Safe IG review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a safeig.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 Safe IG 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 Safe IG 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.
Safe IG Review Conclusions
Making the Safe IG 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 Safe IG 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.
Hello, I was a victim of Safe IG, I deposited $250 then tried to get them back and was not possible. I tried with the bank but they could not do anything because I authorized the transaction. At least I want people to read about this, where can I post this.
Best regards
Juan
Run away from these scammers
Hello, i am another victim who deposit 250 Eu and they try with me to invest more, other way I can not make withdrawal.
Regards
Kinan
Scammed by SafelG. When asking them to transfer my £300.- back in to my account they told me to ‘shut my mouth and answer a question’ l had already answered before calling their services unprofessional. Unbelievable!
My mum deposited 1.700€ and she can’t withdrawn her money. The have blocked her f on emails, WhatsApp and phone calls.
She doesn’t have money and she gave them all her few saving.
Please do not give your money away to this scam company
My mum deposited 1.700€ and she can’t withdrawn her money. They have blocked her from emails, WhatsApp and phone calls.
She doesn’t have money and she gave them all her few saving.
Please do not give your money away to this scam company
If they said they are making a lot of money, why are they so persistent in calling you for just 250.00. I can even hear a household noise in the background while talking to them. It sounds not professional. I told them I don’t have any credit card. So they hanged up. Think 3x
SafeIG.com
This is a big SCAM! Run away from them.
I was called by SAFE IG this morning and I almost fell for their pitch, scam or not. First of all the person I talked to sounded young. She was very pleasant had a very nice voice. Fortunately the transaction ($250) they requested did not go through as I live in Canada and the transaction was in U.S. dollars. I told them to call me back on Monday and meanwhile I decided to check the company out and found all these scam reviews. I’ll be ready for them on Monday. Thanks
THIS IS A SCAM. THEY TOOK 250 FROM ME AND TRYING ME TO PUT MORE. I CALLED THEM MANY TIMES BUT SEENS THE PHONE IS NOT WORKING
I am another victim of investing 5000 $ US and nobody is picking my calls and nobody is replying to my emails.
They are scam. Do not believe them
Be carefull: now they found another way!
They called me telling that they are from interpol and they have all the information.
They want to put the money on your account.
There were two different men on the phone and the were very friendly.
They wanted to make a connection with my bank before they could withdrawal…
I don’t trust it!
All I wanted to do back in december, was to buy $250. worth of Bitcoins……then it all began; phone calls, e-mails etc. harrassment!
This is a full scale SCAM ! Don’t even think of getting your money back…it’s gone forever.
DO NOT SEND THEM MONEY …. don’t even give them your information. The scammed me of $1000US ;(
SAFE IG is a scam . i lost $250. Even if these busttards are not registered under government authority, there should be some laws to control them and punish them
I may give the list of people I had dealing with from SafeIG who did steal my BTC from Bitnomics wallet and keep it.
It’s Jeffrey Davis, Bernard Zimmer, Brian Schwartz.
Jeffrey Davis made me believe he is helping me to buy BTC for me but did transfer ( steal) it from Bitcomics wallet to SafeIG trading platform and do not release it to my wallet address I provided. They hold my 0.02 bitcoins. Is it possible to start for all of us to act together against SafeIG ?
I too was scammed… I dealt with a Brian Schwartz, John Carter… as well as a Lionel Harrison…. they talk fast and try and confuse you…these are the lowest of the lowest scum of the earth… they will ALL rot in hell… !!!!
Hope you’re happy Brian !!
Next time, try and use names that somewhat match your accent… lol… what a joke.. a Spanish guy named Schwartz?… laughable.. and i should have know… thank god i didn’t give them more then the $250 !!
I wish there was a way to get at these scammers !! they will all rot in jail one day!…
scammed in Canada
from canada why are they nit shut down total scam
A huge scam. The next step after you ask to get your money back is an email indicating they will give it back ( plus more). They require you let them get into your computer (auto desk) I played along until the end where they were attempting to buy more with my funds. No refund. Scum bags.
Hello All, I am also a victim I lose 250 dollars in Nov 2020 I tried chargeback, complained to FCA but no use, and today morning I received a call from them, started the company is shutting down and they wanted to refund back the money for that they need me to log in the computer.. ‘OH god Again’ silly shabby nuts not enough of eating innocent people hand earned money I thought this as responded that I will come with a cop to attend this phone next time to track the number and hang up so just be aware of a new trick, ‘for refund they will ask more money to invest and say to you minimum of 1000 dollars or some slab level to be in the account for a refund do not fall into their pit again.