Read our Ruby Finance review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a rubyfinance.world review. They also go by rubyfinance.ltd domain.
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 Ruby Finance 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 Ruby Finance 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.
Ruby Finance Review Conclusions
Making the Ruby Finance 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 Ruby Finance 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 invested money from binance to rubyfinance the transfer was
but now they don’t want to return the money though
I applied for money but nothing ….
was Peter Clark on rubiy finance and
Edvard Lampred FCA EXL01382 license number
How can I get my money back?
tel.0038641426240
greetings
Respected ,
Please explain to me how to withdraw the invested money from my personal trading account. the account is in the name
Branislav Milenković, no. 123041 on the platform.
I applied to withdraw $ 500 7 days ago, my account is in profit of about $ 6,000 and there are no open positions. I expect a response to the E-mail; [email protected]
hello
thanks for the reply.
i have already tried email as long as it worked.
now they are offering me a large sum not to go to the police.
this agent is Herry Brown license number HXB01388 is
showed at the FCA.
his email
[email protected]
he also had a CEO label
he introduced himself as a partial owner
you can help me get the commission money.
greetings
ruby finance valaki hallot erről az emberről?Oscar Harrison
az egy csaló, ezel az íméllel: [email protected]
adót akar levenni a pénzekből , és úgy mutatkozikbe pénzügyi tanácsadó,
befektet valaki és még el is akarják a pézét lopni, milyen piszkos munka, feljelentem az egész társaságot,
Hey
who knows d.brown@ rubyfinance.word?
I was scammed for 1260 euros and want my money back
They are big scamers, i myself got tricked by this guys. And they also threatening you, as they ask for more money and you don t provide them. If you want to withdraw something, they put big amounts with very big comissions that you should pay before they send you the money :)) my comision to pay was more that 700$ and for every Day of being late, a fee of 100€ per Day. Ofcourse, i did not pay that. Now they are sending me message on whatsapp like this:
“I will follow this conversation to the financial regulation FCA with all conversations which you had with financial department representative and me. You will receive the consequences for your actions and money laundering attempt. Good luck.”
Be careful
To complete my previous comment, the Guy that was assigned to me and asked for more and more money and started to threat me, is:
[email protected]
Hi m.Grey,
Tomorrow you can not call me.
Call me on monday next week.
Greetings
Jan
Fraudsters!! They take money, persuade people to pay more and more, and make taxes and expenses when withdrawing.
They have fake emails from Blockchain and Binance, and who knows what else … if you get emails from these institutions, you know it’s a hit!
Max Gray is totally rubbish
Sveiki, o kokia pinigų susigrąžinimo procedūra?
Buna ziua,
Am transferat 500 USD pe platforma Ruby Finance.
Dupa mai multe operatiuni soldul a ajuns la 12800 USD.
Cand am incercat sa retrag, managerul de cont Frank Dalas mi-a spus ca trebuie deschis un alt cont pe binance.com. Conform termenilor postati pe platforma lor retragerea este posibila doar in contul si in valuta din care s-a facut depozitul. Aveti grija, este o mare inselatorie. Nu faceti depuneri deoarece acei bani nu o sa aveti cum sa ii retrageti. Acum nu mai raspunde nimeni nici la telefon nici la mail nici pe whatsapp.
Buna ziua!in final si-a recuperat cineva banii,ca si eu sunt in situatia voastra?
Mi-ar place sa aflu și eu un răspuns concret. Și eu sunt în aceeași situație.Este cineva care a rezolvat?
Anyone has a phone number of one if this assholes ? They scammed my daughter
Kedves joci, nekem is ugyanilyen problémáim vannak ugyanazzal a személlyel, mit csináltál?
Jurgen, today I almost fell for this scam. I am in the UK and have a phone number but they may not answer. I also have a whats app you can have for them. The telephone number is 01133285060 or 5059. Max Grey, Neil Gates and Chris ? were the names.
Well, it seems you were all lucky to even gain access to the trading software. They skipped that and went straight to theft in my case! I enquired through the Bitcoin Trader website and was contacted by Ruby Finance (misrepresentation and mis-led) once an online payment was completed. $250 which I later found was dealt with by a Turkish bank, with Ruby Finance being based (unregulated broker) in Dominica? Who knows? After a collection of false names (Chris Parker – Asian male, Michael Moore – Eastern EU male), annotations such as ‘excellent’ and ‘very smart guy’ quickly led me to accept that I had been scammed. $250 is neither here nor there for me but for some people this is not the case. Don’t touch this company with a barge pole, they are fraudulent, scamming thieves which I have reported through my bank fraud department and regulators in UK.
+44 7830 793453
+44 7882 604324
They are scammers, thiefs,
Ja si chcem vybrať čo mi ostalo a nemôžem sa k peniazom dostať to sú všetko len ojeby keď som poprosil toho čo to má na starosť tak mi napísal že on má vyškrtol zo svojho zoznamu a nemá čas tak pekne sa takto obchoduje ďakujem za peniaze čo som len prerobil ešte ze som tam nedal viac a to chceli aby som ešte vložil 2000€inac nebude so mnou komunikovať ďakujem veľmi pekne chcem naspäť aspoň tých 139€nic viac nech sa zadrhnu
Už nikdy viac
Hello, my name is Nadezhda Peneva from Bulgaria and since 2021 I have been trading with Rubyfinance. My manager’s name is Michael Moore. 3 weeks ago I received a letter from the European Bank to pay 20% of the earned – 4500 euros to pay me the money. I paid them, but to no avail. Michael doesn’t answer my messages. At first he wrote Viber messages from a phone, then said that the number was stolen and asked me to block it. We started a conversation from his personal number, he doesn’t write to me at 3 weeks. Sees and reads the message. I’m out of work now, as is my husband. We don’t have any money. We are on benefits that are 200BG per month. I feel cheated. Help me!
Hello my name is Nagy Rafael and unfortunately I am also an investor in Rubyfinance and they told me that on 27.02.22 we will withdraw cash but this did not happen I tried several times to call him but no one answer what can i do to get my money back thank you attach a few pictures that the company I worked with
“Bei rubyfinance.world handelt es sich offensichtlich um einen Scam. Nach Anmeldung auf dieser Seite wird man umgehend von einem „Betreuer“ kontaktiert und überredet zu investieren. Die Einzahlungen erfolgen über Bitcoin. Möchte man sich die scheinbar lukrierten Gewinne auszahlen lassen werden einem angebliche Steuern, Gebühren, etc. vorgeschrieben. Eine Auszahlung erfolgt nicht. Eine entsprechende Strafanzeige wurde in Österreich bereits eingebracht. Da die Wahrscheinlichkeit den Tätern auf die Spur zu kommen höher ist je mehr Geschädigte ihre Informationen teilen bin ich auf der Suche nach weiteren Geschädigten für eine Gruppenintervention. Sollten auch Sie „investiert“ haben bitte ich Sie um Kontaktaufnahme unter [email protected]
I was persuaded to make a deposit of USD250 through my Mastercard twice but transaction reflected unsuccessful on their website. So I used my Visa and it went through. Later when I received my Mastercard statement, there were 2 successful USD250 transactions that gone through. Was totally shocked by it. Tried to contact them for refund of USD500 but to no avail as they didn’t respond. Even tried withdrawing the Visa deposit also non-responsive. Reported to my local authority and requested Mastercard bank for Chargeback. To date, case is still ongoing as credit card bank blocked my card from any usage due to ongoing investigation. Please be careful with Ruby Finance.
Hello, cam anyone tell me if there’s any success in pursuing the money invested in this platform! I always thought that it was too good to be true! I am glad that I didn’t invest much! There was a time when I was asked to put in 30k Euro for the mega allocation of the year 2021! Of course I didn’t but still.. do want to know if I will spend the time and the energy to try and get anything back
Thaks
It was a scam all along!!
Didn’t know this platform was a scam until my Credit card statement came back with 2 successful transact of USD250 each x2 which their online appeared unsuccessful. Went through the 3rd through USD250 with another Credit card when I finally realized the earlier 2 were gone. They were non-responsive when I requested for the return the extra 2 transactions. Hoping for other way to help me get back. My Credit card bank is trying to chargeback those 2 unlawful transactions.
No čo už na to povedať mne sa nedá ani vybrať tie peniaze čo mi tam ostali akurát som prerobil nič viac vidina veľkých peňazí som bol chudobný a aj ostanem
hello, I’m cheated for 10,000 euros I can’t withdraw my money. If you can help. My email is [email protected]. Thank you.
Scam scam scam. Tried to withdraw money which didn’t happen. Now no response from there fake email accounts!!
Recently about a week ago, somebody by the name Jeremy called to say he’s from Blockchain and found that I had some bitcoins invested in my name. He said Ruby Finance had gone “bankrupt” and he’s in charge of returning me my money and bitcoins belonging to me. BUT there’s a catch. I have to transfer about USD11233 to pay a liquidity/security deposit in order to withdraw my total sum. This USD11233 will be added to the total returning sum BUT the bitcoin wallet is NOT my account.
Another SCAM alert here ! The wallet address is not mine and HOW am I sure they would return whatever money or bitcoins to my CORRECT wallet address after paying the USD11233 ????? Further finding is that this guy is NOT actually from Blockchain but introduced himself from Inertia which took over Ruby Finance and is my financial manager handling my investment account.
Please be very careful about somebody else taking over your investment account from another company and asking for more money to withdraw whatever balance in your account. RED FLAG when they ask you for more money. They should be returning what is legally and rightfully ours without asking for more to drain us further.
I hve been presuade to invest money in Ruby finance and i invested $500 usd initally . after that 1 guy called Micheal call me and teach me how to trade and how to make profit ..and he told i can make more money sooner then expect and he aked me told me to invest minimum $5000 . he was talking almost more then week so i trusted him and put $5000 after fes months he stop massaging me . and last week when i try to withdrew , nothing happen aftert that i send massage in their website . then a lady called me saying my withdraw is complete but you have to pay tax on gain , and she said some one will call me from tax office. After 5 i got call from guy called Lucas and he said he from Tax office , bureau d,imposition Luxembourg 5. And he said my money is ready to withdraw but i have to pay capital gain tax £799 . i did not have money as i told him and later he said pay half of the amount and get your half of investemnt, then you can pay rest off , sound good so i borrowed money from my friend and paid £315 as he said through bitcoin usin coinbase. he told me it can take up to 3 hrs. But after 30 min after receiving money, he called me and said i have more fund available to withdraw so i have to pay another £3000 to withdraw my money. Then only i knew its Scam . till this time i was fully trusting on this company. Now he saying he only release money if i pay £3000 . so if anybody have any idea how to get money back from them then please help me.
thank you .
I have invested 5k , they sayid I have to pay tax to withdraw . I pad $300 , now they are asking $1500 tax to withdraw .
I’m totally shock . So if anybody have any idea how to get them or get money back . Plz email me [email protected] ,
Thank you .