Read our Time Markets review to see if we recommend this broker for trading. Just to clear doubts, this is a timemarkets.com review.
Is Time Markets Legit?
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 infamous for scamming schemes.
So, Time Markets is just another unregulated forex broker, which means the customers aren’t 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 the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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 hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Time Markets reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 Time Markets?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave Time Markets reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Time Markets, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
Time Markets Review Conclusions
Making the Time Markets review was our pleasure, and we hope to save as many people 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 Time Markets 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.
My account number with timemarkets.com is 51111189909132
My assigned manager her name was “Hanna Thomas”. They just keep asking for more deposit not to miss the big rally trade usoil even on Friday. They used NDAX to transfer BTC to their wallet. When I asked to do withdrawal from the $10k I deposited, they told me you have to wait for you trading plan to finish. I didn’t know there was a restriction in withdrawal. It turn out it is a SCAM project to collect as much money from victims as possible & then close the whole project.
Once you will deposit, there will be restriction in withdrawal and you will never see your money again. Once they knew I got their scam setting, Hanna just phoned me and told me “go & f@ck yourself”
I know that I will never see my money again but I don’t like them to have more victims.
(1/5)
Hello Mohamed I fell victim to them too, I wish they get caught or revenge would be better as I am not well off and this blow has really made feel that I can trust nobody anymore and providing assistance to my daughter has made it tougher as she has lupus. I wish a read the chats on this blog before.
Thank you for the review. Yes 100% this company is nothing more than a scam operation!! My daughter in law invested with them without checking thoroughly and is now out $10,000.00 u.s. I have brought this scam to the Canadian authorities as well as to the R.C.M.P.
(1/5)
On May 8th 2023 I signed up with this company by the name Timemarkets. A fellow by the name Jacob Silverman guided me through and I deposited CAN $3,000. A few days later he convinced me to add CAN $3540, and with that I’ll instantly gain CAN $2,610 from the company into my investment. It was both agrees that after 30 days I’ll start withdrawing my profits. Last week June or around june 5th Jacob had stopped all communications. He claimed that he had phone troubles. On june 8th he email me saying that he’s sent my account to his manager David Muller to assist me with it. David Muller pressured me to pay a fee of CAN $2,610 for my funds of CAN $16,230 to be deposited into my account.
I foolishly made that payment and after that I’ve not heard from David Muller again. A woman by the name “Hanna” contacted me claiming that she’s from NDAX and she’s working on depositing my funds. It was a friday and she “promised” to call me back on Monday June 12th. I’m yet hear back from her. I contacted NDAX and they confirmed that they have no one by the name “Hanna” working for them. I later came to find out that “Hanna” is another scammer from Timemarkets.
On Monday june 12th a fellow by the name Paul Would contacted me and claimed he’s trying to help me deposit the funds, he transferred my funds into an Exodus App and claimed that since my portfolio had $0.00 I should borrow $4,000 just to show that I have funds so the rest of my money can be sent there. I declined to do so. He said he’ll get back to me. Later during the day I contacted Exodus customer care where I was informed that the cryptocurrency sent into my Exodus account were fake and have no value. I forwarded that email to the fellow Paul. I also went online and left a negative review about timemarkets.
The following day June 13th 2023 Paul contacted me explaining that there was a problem with the cryptocurrency that why Exodus sent me that email. He also demanded that I delete the negative comments I left online about their company before my funds are deposited. I told him I’ll delete the comments when I receive my funds. Later during the day he claimed that he wants to speak with me about the issues they’re having with depositing the funds. I requested that he emails me the issues that he’s experiencing but he declined.
Timemarkets scammed me CAN $9,000
(1/5)
What seems interesting is they get my info, from different “brokers” some use the “bait & switch” talk super fast so as to be confused and forget what was said a few minutes ago. Anyway, they “share” personal info, whether within their group or elsewhere. The initial “investment” Hook is the$250.00 one puts in and then to “safeguard that”, the offer some stocks at a super low price, that they have “purchased” a long time ago and want you to buy in
How does this company even have a star. You want to talk about scammers and frauders this is the place. Jacob Silverman, David Muller. These fraudster bully you to deposit funds and once thats done, that’s it. You’ll never hear back from them. When “jacob” convince you to put $3,000 and the company tops up $1,700. That’s the money you’ll pay them, and his so called manager “David Muller ” is the bully that forces you to payback the money, and once it’s paid, your funds will just disappear as there phone calls and emails. If there’s anyone considering this platform I hope you have money to throw away. You’ll never find better fraudsters and scammers. They’ve destroyed people’s lives and one day, I might never know, but their lives will too be
(1/5)
They basically bully you to invest more and more but you will never see your money back. pretty soon they are going out of market with all hard earned people’s money. Do not trust them. I talked to so many victims and they are in Same boat as me. Just keep waiting for your hard earned money to come back but you will not see it again. I am bringing the awareness on social media and news in a week. I am already scheduled so if any other victims like to join contact me. 6047228437
(1/5)
Do not ever send these people any money. They are scammers.
Timemarkets.com is a scam and I am the victim. They took my $30,000 Canadian and with profit showed me $45000 Canadian but as soon as I ask for withdrawal my money they are keep saying we sent it from are side and it sometimes take months to get it to your wallet due to network conjunction, which is total lie. I never received any money back from them. And that was the money I saved for my kid’s education.
(1/5)
I feel your pain Karen, they scammed me CAN $9,000, nothing compared to your $30,000 but still. I took a loan to finance this scam, now I’m in more debt thanks to them. I wished them pain and suffering to them and their loved ones because that is the same pain they’ve inflected in me and my son. Karma will get them. Oh Jacab Silverman I hope to burn in eternity, I pray his kids don’t grow
Timemarkets.com is a SCAM!!! They took so much money from me . Every time they get one star review they write fake five in minutes. I will not sit back I will make sure every one knows about these stupid SCAMMERS!!!
(1/5)
I saved that money for my kids education and these thefts took it from me as investment. Every mornings I get up I pray to god that these people will have painful death and their kids die before them. How they can spend this money on their luxury which they have stolen from hard earned income by other people. These type of people makes world dirty.
(1/5)
They are only scam nothing else. No propper website, no email I’d. no one no who they are. I enquired about them and they don’t exist anywhere. STOP making theses people rich.
(1/5)
This is a big time scam. I fell for it. They hook you in with the initial $250 deposit. They double it for you and then force you to put more money in so they can get you even bigger returns. This is all a scam. I can’t even get into the website now. They will never give you your money back.
(1/5)
Working with Louis and Joseph,
My friend and I are tied up in their lies. They claim he needs to pay a commission but it needs to be done out of my pocket. So I told him to use the funds I already have in my account. And he said that cannot be done.
And now my funds are frozen while my broker and accounting duke it out. But that’s them killing time.