Read our Helveticore review to see if we recommend this broker for trading. Just to clear doubts, this is a helveticore.capital review.
Is Helveticore 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, Helveticore 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.
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 Helveticore 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 Helveticore?
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 Helveticore 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 Helveticore, 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.
Helveticore Review Conclusions
Making the Helveticore 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 Helveticore 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.
It is a total scam.
Juan García was in charge of my account and phoned me everyday telling me that he was the general manager of the company. He persuaded me to invest because the gains will be at minimum x50 en 3 months and I could retrieve some money every day without paying.
After I asked him for my contract and he disappeared.
Next day a person named Santiago López called me to say that he was new person in charge. I told him to retrieve 20% of my account, he went mad, made an order to retrieve the 100% and blocked me the access to the account.
He tells me that if I want to withdraw the money I have to pay 4% of the whole amount.
I am trying to call the company but nobody replies.
(1/5)
Having seen an interview with Emma Willis on the Graham Norton Show where she accidently let slip that a website crypto/ trading company was making her lots of money every day, we followed links and got to Helveticore.capital.
The website is excellent and very professional. Having made an enquiry we were told we needed to deposit 250 Dollars to open an account.
We were rung back by Jake Brown.. Senior Account Manager.
He is a great salesman..intelligent, articulate and very professional.
The website is excellent and looks the part.
He said he was going to be in control of the account and every day we were making 1-2% on the money.. He persuaded us that to see real returns we needed to have at least 10,000 dollars in the account to “keep him interested”.
He was so professional, we did it. Within the week the 10,000 had gone up to 12,900 Dollars.
We tested getting some money out, and after a long debate managed to get 1000 Dollars back through Revolut.
Note: the withdrawal has to be submitted and approved by the “Finance Department”
Jake rang me every day trying to persuade me to deposit $50,000 to get amazing results. He sometimes rang me 2 or 3 times a day. Sometimes it showed we had made $8-900 .
We had long discussions which became gradually more heated where he said he would no longer be able to look after my account as it “wasn’t worth his while” with the small amount of $12,900 in my account.
I realised this was a scam now and made an official withdrawal request for the whole amount.
He spent 45 minutes trying to change my mind. I said No.
He thern said he had no choice but to pass me over to a Junior Account Manager and he was now finished with me and the account was “out of his hands”.
Since then no money has been received back.
No Junior Account Manager has contacted me.
The account is still live on the website, but it trades constantly, losing and gaining large and small amounts and the value as we stand is around $ 7800.00.
I suspect it will dwindle to nothing..but I cannot get it anyway.
I can’t contact anyone as the numbers given do not answer..just a constant jingle being played.
Please do not believe what they say. IT IS A SCAM!
I was a fool to believe them, they are so professional.