We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as FXORO. If you are looking for a one of a kind live trading room we also recommend Trademy trading academy.

Wealth Recovery International – What is it and How Does it Work?

Get Money Back From Scams With the Help of

We recently read an article on a large online media outlet, about Wealth Recovery International and about how they are recommended as a firm that helps people that were scammed by binary options brokers. We are looking into this issue and will be bringing you a full report as soon as possible regarding Wealth Recovery International and their services.

UPDATE – 22nd May 2017

New York and Tel Aviv-based Wealth Recovery International recovers funds for binary options fraud victims. This leading investigative company has already helped recuperate more than $4 million for its clients.

Wealth Recovery’s mission is to track down unregulated binary options platforms and help binary options fraud victims recover their funds as quickly as possible. Wealth Recovery offers its clients a recourse for reclaiming their funds, equipping them with a plan, established working relationships with attorneys and an international network of information.

With their cutting investigative skills, they locate where these companies are really based – most residing primarily in Israel, as well as Cyprus and Bulgaria and not England and Scotland like they claim. Wealth Recovery reckons there are close to 100 binary companies in Israel, and most are scams. To draw attention to this troubling situation the company has been featured in the media with articles appearing in the JTA, The Times of Israel and The Bureau of Investigative Journalism.

Wealth Recovery’s winning strategy comes from its inside knowledge of the fraudulent behavior of binary options brokers. Its founders and many of its staff are former employees of these shady businesses and can share harrowing stories about the deceptive practices the so-called binary companies utilize.

Since most platforms are unregulated they are able to manipulate the market as there is no third-party body ensuring fair competition, or validating transactions, nor protecting consumer rights. The system is rigged for traders to lose their funds and the scam has been escalated with the cooperation of third-party trading platform technology companies, such as the popular provider SpotOption.

Most of the “brokers” or “account managers” have no financial training, and are only equipped with a 5-day crash course in manipulative sales tactics and a basic understanding of the markets. Their main objective is to convince their clients to keep depositing funds while simultaneously getting them to lose money. They also use stage names to protect their real identity and evade the law.

In the absence of the authorities taking action against the industry, Wealth Recovery steps in, arming their clients with attorney recommendations, as legal action is the best means to go head to head with this multi-million-dollar industry, typically filled with criminal figures. Wealth Recovery recommends top lawyers, who are sensitive to the difficulties of financial fraud and the emotional hardships that go along with it.

If you are a victim of binary options fraud, or a Forex scam, contact a Wealth Recovery agent. Wealth Recovery is uniquely positioned in understanding binary fraud victims’ situation and are sensitive to their clients’ ordeal. They prefer to pressure the brokers and payment processors into offering refunds, and if this tactic doesn’t work they litigate, but thus far all of their cases have been settled out of court. The group gives its clients a helping hand throughout the process, working relentlessly to get the money back to its rightful owners. More importantly, Wealth Recovery offers people who feel helpless a route to justice, and it has a high success rate to boot.