Read our Cowtradingvip review to see if we recommend this broker for trading. Just to clear doubts, this is a cowtradingvip.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 Cowtradingvip 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 Cowtradingvip 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.
Cowtradingvip Review Conclusions
Making the Cowtradingvip 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 Cowtradingvip 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 am trading with cow trading wealth ltd. 1st time I am withdrawing but now my account balance $7000 I am unable withdraw .They are telling me to pay tax .I have already paid tax twice but still I can’t withdraw my money. I think its a scam. Beware of them all.
(1/5)
You are right
Cow trading is scammed don’t invest with them
(1/5)
They use a app called traderwebio this app has now changed to appglobaleasy
They all all scammers and headed in the us from a broker called salena
Yet Google still allow them to con people by having their app avsiable on Google play
Its time Google put a stop to all these scammers taking proples hard earned money
(1/5)
Cowtrading easy is scummer. dont pay any money
(1/5)
Hi! Im from vietnam. I have invested with them since feb-2023. I have made profit of 60grand. I told them i wanna withdrawn and they told me to pay income taxes. I did pay them , after that their online customer service deleted our conversation on telegram and blocked me out. Until now, i still have 80266.21$ on their platform. I hope everyone can read this message
(1/5)
Don’t give your money to these scammers, Thier plateforme is fake, they will find a way to make you lose your money and you will never get it back.
A person name Tonya contact with me & involve me with this platform, but now I can’t withdraw my money
(1/5)
I trading with cowtrading wealth. Start september 2022 until April 2024 And I can not witdraw all funds in platform trading. I have 387.419.19U$. And the cow manager ask me deposit to paid the taxes. After paying taxes. I still cannot witdraw all my funds. And the cow manager from whatshap tell me .again to deposit again for activation account. And cow manager said if you had have been to witdraw all your funds. You can deposit again. And I dont do it.
The problem is with these guys they use people like Diana 852 6844 0528 and the brokers name is salena 718 814 2536
Thes are just two of the scammers who use what’s app as there is no regulation with what’s app and they do not police scammers
I lost $160k