Read our DogecoinM review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a dogecoinm.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 DogecoinM 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 DogecoinM 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. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
DogecoinM Review Conclusions
Making the DogecoinM 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 DogecoinM 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.
I agree ive been scammed by these horrible people. Do not trust anything its a total con, hopefully you read this before you get sucked in like me !!
I too have been scammed by them. They field you via fb I believe as I was registering mi interest on a clip where famous breakfast the hosts live on air doubled their money or investment in as little as 6hours. Before I completed my online registration they called me and redirected me to them and their site! Very slick and fast taking, manipulate you as they repeatedly suggest you don’t have enough knowledge to manage on crypto trading to it for yourself!
Very slick, convincing company. Dogecoinm also convinced me to part with my hard earned cash. I wish I had looked at reviews before I made that commitment, but everything seemed to be genuine.
When I transferred my money over, the consultant Eric told me that I would see a massage increase within 2 weeks. Then a month later I saw an even bigger increase and they had asked me to part with even more of my savings, I hesitated because it just seemed too unrealistic, that’s when I started to question them, and asked for my money back. But till now they haven’t come through.
Please do not invest in this company as you will never see your money, they are truly a nasty scam business
Hi.
Looks like I’ve been scammed by these. Can still access my account, but won’t let me withdraw the funds. Can’t get hold of anyone. No one responding to my emails or phone calls. Do I just write it off or can I get in touch with someone to help me on this
I got scammed by these earlier in the year, started with me speaking to a man called John Harrison who ‘assigned’ me to an account manager called Eric Antonov who in fact are not who they say they are. I always got called on the phone by them and could never get through when I tried ringing their line, was just holding music constant. Failed responses to emails I had sent to their ‘compliance’ customer support email and you get random mobile numbers or numbers starting with 020 form London call you claiming to be someone from their customer service department. I got scammed for £11k on the promise more investment will give me more returns on my online platform account. They tell you you can withdraw your money anytime when in reality the money is never there and they ask for more money to release the funds due to tax which is 20% of the total amount in your account, the funds never get released and your locked out of your account with no further contact. I filed a dispute with my bank and reported to as many people as I could including the FCA, London Police, Fraud Team. I managed to get my money back through the bank because of the evidence I had. One of the transactions I made was directly to another bank account not through Binance as they usually made me do it so it’s not trackable. The bank account it was sent to was in Romania. You cannot locate their IP address and their phone numbers are scrambled. They will also ask you to download software called ‘any desk’ so they can take control of your computer screen and carry out the transactions for you as it’s a little confusing and they also saw me on webcam when I needed to complete security checks with my passport and ID. Completely avoid at all costs! It’s a trap so easily fallen for and you won’t see your money again.