Read our Wellington Capital Invest review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a wellingtoncapitalinvest.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 Wellington Capital Invest 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 Wellington Capital Invest 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.
Wellington Capital Invest Review Conclusions
Making the Wellington Capital Invest 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 Wellington Capital Invest 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.
Here’s a good one I saw Wellington Capital Investments on Facebook and I just clicked on to see what it was about I’ve been got a call from one of the internal agent who set up an account for me and deposited 20000 Euro from their end and they purchase Bitcoin in about a month it went from 20000 Euro to about 75 thousand Euro he then called me up and said I can withdraw 100000 Canadian makes no sense to me why would he would let me draw money out of my account that I have not put anything into
they ask for initial deposit , then ask they will put 10,000 from their side to make more profit for you, then ask again 10,000 deposit to pay of their investment if you want to withdraw any money, and want allow you to withdraw any money, this company is totally scam, stay away
I was able to read and learned about the scam victim experiences of Doug Gray dated Oct. 20, 2021 and of SP dated Nov. 3, 2021 from this review section of your site. I had exactly the incident of Forex scamming like them that started early of April 2021 with the Wellington Capital Invest.com and the broker that dealt and advised me on the process used the name Michael Fisher. My total loses with them was Euro 1,540.00 and the Bitcoin they asked me to buy was Cad $ 7,000.00 on three occasions from a Bitcoin center in Vancouver, BC, Canada.
I have the documents and invoices to all of this in my file. This is my second message to you
since a couple of months ago. Thanks.
I was also scam by Michael Fisher my total loss with them is $70.000.00 Canada from November 2021 until January 2022 I also have documentation and money transfer as proof. After scamming me I was unable to open the Willington Capital Investment site that Micheal Fisher set up with me. I tried reaching out to one Anthony from Shakepay one of personal that Micheal use to corresponded with In so doing I got kicked off from the site stating that I have a lifetime blocked from the Shakepay site.
[email protected]
[email protected]
I just apply for the remaining amount on my account from 950000+ to 150000+ then they replied its on process & now my account is closed .been doing snap shots. But to no avail to this michael.