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Broker Sathwala is one of the many brokers that offer their services in the financial instruments market. But is this broker worth trusting? In this article, we will look at evidence of fraud, broker reviews and draw conclusions.
Is it worth carrying money to Sathwala?
The first thing that strikes you when you visit the Sathwala website is the lack of information about the regulation. There is no mention on the site of which body regulates the broker's activities. This should alert potential customers.
In addition, there is no information on the Sathwala website about who owns the company. There are no contacts other than email. This is another signal that the broker is not very interested in establishing trusting relationships with clients.
Fraud Evidence
If you are still not sure if Sathwala are scammers, then let's look at a few facts.
Firstly, the broker's website has a "News" section, which publishes articles about what profitable deals can be made using Sathwala. But if you try to find these articles in other sources, you will not find anything. This means that the broker himself writes these articles in order to attract clients.
Secondly, the Sathwala website has a "Training" section, which offers a free training course in trading in the financial markets. But if you register for this course, then the broker's managers will start calling you and offering to open a real account. This is another sign that Sathwala is not very interested in educating its clients, but just wants to make money from them.
How the Sathwala broker cheats
Reviews about Sathwala indicate that the broker is deceiving its customers. He does not fulfill his obligations to withdraw funds, does not respond to customer requests and does not provide complete information about his activities.
- Broker Sathwala does not fulfill its obligation to withdraw funds. Clients complain about delays in withdrawing money, lack of response to requests and denials of payment.
- Broker Sathwala does not respond to customer inquiries. Customers complain about the lack of response to emails and calls to technical support.
- Broker Sathwala does not provide complete information about its activities. Customers complain about the lack of information about the license, registration and other important details.
All these facts indicate that the Sathwala broker is not a reliable investment partner. If you have already encountered problems with this broker, then you need to take action to get your money back.
Brokerage License Check
The first step to get your money back is to check your brokerage license. If the broker does not have a license, then he does not have the right to engage in brokerage activities and you can contact law enforcement agencies.
To verify your brokerage license, you need to:
- Find license information on the broker's website.
- Check this information on the regulator's website.
If information about the license is not available on the broker's website, then this is already a cause for concern. If there is information, then it is necessary to check it on the regulator's website. If the license is valid, then you can contact the broker with a request to return your money.
Sathwala is not licensed!
Reviews about Sathwala
If you are still not sure if Sathwala is a scam, then let's look at the broker's reviews.
The Sathwala website has a "Reviews" section, which publishes positive reviews about the broker. But if you try to find these people on social networks or on other sites, you will not find anything. This means that these reviews may be fake.
In addition, many negative reviews about Sathwala can be found on forums and social networks. People complain that the broker does not pay them their money, that the broker's managers call them and persuade them to open a live account, that trading on the Sathwala platform is impossible due to technical problems, etc.
Reviews about Sathwala indicate that the broker is not a reliable investment partner. Clients complain about delays in withdrawing money, lack of response to requests and denials of payment.
If you have already encountered problems with this broker, then you need to take action to get your money back. Check your brokerage license and contact our partners for a refund. Don't leave your investments unprotected!
How to get money back from Sathwala
If the Sathwala broker does not fulfill its obligations to withdraw funds, then you can contact our partners for a refund. Our partners are proven law firms that have experience working with brokers.
To get a refund from Sathwala you need:
- Contact our partners and describe the situation.
- Provide documents confirming your investment and problems with the withdrawal of funds.
- Sign a contract for the provision of legal services.
Our partners will help you recover money from Sathwala and protect your rights as an investor. They have experience working with brokers and know how to act in each specific situation.
For a free consultation fill out the form below.
conclusions
Sathwala are scammers not to be trusted. There is no information on the regulation and the owner of the company on the broker's website, which should alert potential customers. In addition, the Sathwala website has "News" and "Education" sections, which are marketing ploys and not real help to customers.
If you are still not sure that Sathwala are scammers, then read reviews about the broker on social networks and forums. People complain that the broker does not pay them their money and that trading on the Sathwala platform is not possible due to technical problems.
Do not fall for the tricks of scammers and choose reliable brokerswhich have regulation and positive feedback from customers.