Read our Indigo Capitals review to see if we recommend this broker for trading. Just to clear doubts, this is an indigocapitals.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 Indigo Capitals 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 Indigo Capitals 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.
Indigo Capitals Review Conclusions
Making the Indigo Capitals 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 Indigo Capitals 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.
Your article is exactly what happened to me. Please beware, once they have you’re money they won’t give it back
Scammed me of my money. Caused me a great deal of pain and remorse. They have no shame. Threatened them and did not budge. Tried to get me to match a deposit bonus. And wouldn’t allow me to withdraw unless I deposited more. I don’t know how they sleep at night tbh. The stole from a poor person on disability.
I have been trying to stop the emails and there phone calls constantly ,lve email bk stating stopping ringing my hm waking up family all hours of night and day and they won’t stop,it’s getting like harrament now,l never activated the account and for 2/3 mths they keep posting us to activate account,lve asked politely to stop ASAP but midnight they rang woke up all the children then wake up to email number 13 constantly pestering to join,at our wits end,pls stop this immediately…G.Edwards .
Hello good day!! To all of us who are denouncing, there is this gang of criminal scammers, I have been trying to contact this company INDIGOCAPITALS for 2 months, THEY STOLEN MY ACCOUNT OF THE CAPITAL AND EARNINGS OF 14,000 DOLLARS, 2 MONTHS AGO AND THERE IS NO WAY TO COUNT ON THEM, IN THE FIRST MESSAGE THEY ANSWER, THAT I PROVIDE MY ACCOUNT NUMBER, I PROVIDE IT # 2110507722, TODAY AGAIN I PROVIDE IT, A SUCH DIANA ARMEDARIZ ADVISES HER, SENT A MESSAGE VIA MOBILE AND EMAIL, AT FIRST SHE DISAPPEARED FOR A MONTH AND THEN I APPRECIATE APOLOGIZING, TO MY SURPRISE, THE MAIL [email protected] DOES NOT EXIST AND THE WhatsApp MESSAGES 31653462604 DO NOT ANSWER, THE CALLS 910388199 OUT AN ENDLESS MUSIC AND AN ANSWERING MACHINE IN ENGLISH, WHICH NEVER ANSWERS. I have made the pertinent complaints via the police and the prosecutor’s office, they tell me that if there are more complaints, they will notify INTERPOL, the international police, since they are in a tax haven such as LA ISLA GRANADINA, which is the police in charge of the organized gang WHO ARE DEDICATED TO SCAMING IN LATIN AMERICA .. I will continue making my complaints until they return my money PANDA OF SCAMMERS
I am lucky to found them scammers at first place. I asked them so many times to stop calling me but they still keep calling me despite day and night. I blocked more than 50 their numbers but I am not succeed yet. So stay away and first do all your research before going in to business.
Super red hot alert.
Si, en nefecto es una estafa, no hay forma, pero estos son ya denunciados y estoy tocanddo todos los frentes, ahora a denunciarlo a la comision de valores, buscaré el contacto
ESTAFA
I am on a sickness and disability pension, they scammed me out of an inheritance from my mum of $130k AUD, I am heartbroken, my mum worked so hard to leave me something, how low can they go???
Indigo-Capitals, a Saint Vincent and Grenadines registered company, are thieves, liars, scammers and common criminals, most likely of East European origin (Baltic Republics or Russia). Do not send them any money, you will never get it back.
Unfortunate set of thieves. Alice, Jacob Cosby and Cheeseman are nothing but con artistes. On Tribunal.to speaks how getting back my $80K and delivered. Several months I waited but nothing till early this month. I hope they’re put behind the bar for life.
Yes! Cosby stole $127kAU my inheritance from my mother