Greendax Review

Check our Greendax review before you start trading. This is a greendax.com review. Also leave your Greendax reviews in the comment section.

Who is Greendax?

Looking at their website shows that they are not subject to any regulatory body. This is an important red flag!! This should be enough to keep you from investing with them. They also partner with sites that offer “automated trading software,” which is another red flag since these types of sites are known for scamming schemes.

So Greendax is just another unregulated Forex broker, which means clients are not protected, they are likely to take your hard-earned money, and there will be no regulating agency to hold them responsible.

How does the scam work?

Generally, unregulated Forex brokers work in the following way. They’ll call people and convince them to make a minimum initial deposit, while trying every way they can think of to make it happen. They’ll offer deals that sound too good to be true, like we’ll double your initial deposit, or you can easily earn $100 a day. Please don’t listen to anything they say!!! This is a scam! After making the first deposit, people will be redirected to a smarter scammer called a “retention agent” who will try to get more money from you.

Withdrawing your funds

You should submit a withdrawal request as soon as possible as your funds are absolutely not safe with unregulated brokers. This is where it gets difficult.

If you want to withdraw, whether you have a bonus or not, the withdrawal process can be delayed for months. If they delay it for six months, you will no longer be able to submit a refund and your money will be gone forever. No matter how many times you remind them or insist on withdrawing, 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.

Can you get your money back from Greendax?

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 ask for a refund! You should do this as soon as you can! Contact your bank or credit card provider and explain how you were tricked into depositing with an unregulated trading company that refused to return your funds. It’s the easiest way to get your money back, and the one that hurts them the most. Because when there are multiple chargebacks, their relationship with the payment provider is broken. If you haven’t already done so, or are unsure where to start or how to file your case with your bank or credit card company, we can help you prepare your chargeback case. Just contact us at [email protected], but don’t let your agent know you have read this or contacted us.

In case of a wire transfer

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 to leave Greendax reviews in other sites

Another way to hurt them and keep others from becoming victims is to leave bad reviews on other sites with a brief description of what happened. If you have become a victim, please rate and comment on this site in the comments section. When these people change their website, they also tend to call old customers. So, if they call you from a new site, write it in the comments or let us know by contacting us. Also, if you get calls from other companies, please include the names of those companies in the comments or send them to us. We will also expose them.

Greendax Review Conclusions

Making the Greendax 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 Greendax review has been helpful to you and please leave your Greendax reviews in the comment section. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

etoro

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