Read Ruixin Finance Review 2023 | Get Help if scammed (2024)

Ruixin Finance review is collected after a lot of effort and we finally concluded that the traders should not invest with Ruixin Finance broker since their investments may not be safe with Ruixin Finance.

The main motive of Scam Victims Help is to identify the scam brokers in the market and let the traders know about their scam activities. We warn traders to stay away from scam brokers if they want to keep their hard-earned money safe from scams.

Broker Website – http://fntzq.com/zh-hk/

Headquarters or Area of Operation – Room 1503-07, 15 / F, Zhongbao Group Building, 141 Des Voeux Road Central, Hong Kong

Warnings – Securities And Futures Commission (Hong Kong)

When was the Ruixin Finance website domain set up?

Domain Namefntzq.com
Date RegisteredNovember 08, 2021
Domain Age10 months, 25 days, 16 hours, 34 minutes, 59 seconds

Having the potential to make someone go into a debt trap, scammers lure their victims in with irresistible offers and discounts. In this segment, we will be telling our readers about a few important points that you must look for in a broker before opening an account with them. Remember, nobody has a right over your money. Ruixin Finance is found to possess some or all of the following traits of a scam broker. Please read them below and verify with Ruixin Finance.

Ruixin Finance Review: Warning Signs

Regulation

Mostly, unregulated brokers offer investment opportunities that look and sound very attractive with the highest potential gains. Try to avoid such brokers as they must be trying to divert your attention from the regulation part. Sometimes, unregulated brokers share fake information about the regulation, true information is consistently open through the regulator’s sites, so analyze it cautiously.

In our case, Ruixin Finance is unregulated, which is a major red flag against the broker in this Ruixin Finance review. Check out more unregulated and untrustworthy scam brokers in our Scam Broker 2022 list.

Withdrawal Issues

Scam brokers convince customers that because of some technical problem they can’t access their account. If the broker doesn’t allow you to get withdrawals or access your account, that is an indication that the broker is not genuine.

Complaints

You can find many negative Ruixin Finance reviews on the web. We advise you to do a search for online reviews of brokers. A conventional web search can give experiences into whether negative remarks could simply be a disappointed dealer or something more serious. A decent enhancement to this kind of search is our scam brokers 2022 list, which indicates who are scam brokers and why you should avoid them. Acquire a more clear comprehension of the guidelines for forex brokers and any other brokers.

Is Minimum Deposit permissible?

The minimum deposit is generally asked in very small amounts by legitimate brokers as taking huge amounts as the minimum deposit is not advised by the regulations. However, the tradition of taking huge minimum deposits is extremely common in scam brokers as their main aim is to steal as much money as they can from the trader before they get suspicious. The usual amount asked by legitimate brokers lies in the range of $5 to $10. If the broker asks for an amount more than the average, chance of a scam.

Ruixin Finance Review: Conclusion

To sum up, all that has been said above in this Ruixin Finance review, we give you the power to decide whether the broker is a scam or not. We request the readers move forward with extreme caution.

Scam Victims Help specialists research the brokers and find if they are involved in scams. We researched a lot about brokers to assist customers in taking the right decision.

We suggest investors stay away from this broker and go for the genuine one. If you have been a victim of Ruixin Finance scam or any other broker, do not feel embarrassed.

Victims of forex scams, cryptocurrency scams, binary scams, pet scams, dating/romance scams, or any number of scams should raise their voices and get their funds recovered. This will not only help them but all the victims who are struggling to get their deposits back. Apart from this, it will also help other people to be alert to such scammers and scams.

File a complaint right now and get instant help from our team in fund recovery!

Get help in forex scam recovery, crypto scam recovery, binary scam recovery, romance scam recovery, and also get a free consultation.

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Also, check which brokers got the warning from the Italian regulator CONSOB.

Related posts:

FXGlobe ReviewFirst Financial Banc ReviewConcept Blue Review
Read Ruixin Finance Review 2023 | Get Help if scammed (2024)

FAQs

Will I get my money back if I got scammed? ›

The short answer is: it depends. While getting a refund after losing money to scammers is possible, the outcome depends on factors like bank policy, the type of scam, the amount lost, and how quickly the scam was reported. According to US federal law, banks must reimburse you for unauthorized transactions.

How can I recover my money from being scammed? ›

Contact the company or bank that issued the credit card or debit card. Tell them it was a fraudulent charge. Ask them to reverse the transaction and give you your money back. Did a scammer make an unauthorized transfer from your bank account?

Can you reverse a bank transfer if scammed in the USA? ›

If the transfer goes through, it's possible to initiate wire transfer reversal by the bank to reject the transaction. However, if the money wired was sent to the wrong account and not dismissed, nothing can be done.

What do I do if I think I was scammed? ›

If you suspect a scam, there are a few important steps you should take right away.
  1. Contact your local police or sheriff's office to report the scam.
  2. Contact your state attorney general. ...
  3. If the victim is an older person or a person with a disability, contact your local adult protective services agency.
Mar 21, 2024

Can you claim back scammed money? ›

Contact Your Bank or Payment Provider: Contact your bank or payment provider and report the fraud. They may be able to reverse the payment or freeze the account associated with the scammer.

Can scammed money be traced? ›

While you can take steps to recover from the impact of fraud, it's nearly impossible to track down someone who scammed you and get justice. Instead, it's almost always better to protect yourself, report the scammer, and try to recover your losses. But even better is avoiding getting scammed in the first place.

How do you get your money back if you have been scammed? ›

Your card provider can ask the seller's bank to refund the money. This is known as the 'chargeback scheme'. If you paid by debit card, you can use chargeback however much you paid.

How long do banks refund scammed money? ›

The bank must send a provisional credit to your account within 10 days and has up to 45 days to complete the investigation. If the bank determines that a charge was fraudulent, it must refund your money and remove the charge from your account [*].

Can a scammer reverse a bank transfer? ›

Generally not (and scammers tend to use non-reversible transactions, anyway). It's the same if you took out a bunch of cash, then handed it to someone outside. As soon as you authorise the payment, it is no longer their problem.

Do banks always refund scammed money? ›

Banks will be required to refund most victims of bank transfer scams – known as "authorised push payment (APP)" fraud – from 7 October 2024, under new rules confirmed today (Tuesday 19 December).

Are banks liable if you get scammed? ›

The Electronic Fund Transfer Act provides important protections when consumers suffer unauthorized withdrawals from their accounts. For instance, so long as a person promptly notifies their bank that access to their account has been stolen, the law limits the person's losses to $50.

Can I get my money back if my bank account has been hacked? ›

Notify your bank to report any unauthorized transactions, start an investigation. Banks generally refund fraudulent transactions if reported promptly.

What not to do when you get scammed? ›

Hang up the phone. Do not reply to emails, messages, or letters that the scammer sends. Do not make any more payments to the scammer. Beware of additional scammers who may contact you claiming they can help you get your lost money back.

How to track down someone who scammed you? ›

Utilize social media platforms to search for the scammer's name or usernames. Look for any profiles or accounts that match details they provided you with. Employ reverse search tools designed to connect names, phone numbers, or email addresses to publicly available information.

Can I get my money back from a bank transfer? ›

If you have transferred money into someone's bank account but want it returned,you will have to ask them to pay it back to you. However if the payment resulted from a transaction paid via a credit card,or eBay or PayPal you can dispute the transaction and maybe get a refund.

What happens if you get scammed and lost money? ›

Immediately Report the Fraud

As soon as you become aware of the fraud, contact the appropriate financial provider, money transfer company or gift card provider immediately so you have the best chance of recovering your money and minimizing any damage done to your finances or credit record.

Will cash refund money if scammed? ›

Cash App does not provide [({+1-855-740-2122})] refunds for transactions related to scams or fraudulent activities.

How do I start again after being scammed? ›

Here are some suggestions:
  1. Accept the emotions. Take another look at that list above. ...
  2. Find your best supportive family members and friends. ...
  3. Self care. ...
  4. Monitor and change your thinking. ...
  5. Ask for help when you need it. ...
  6. Listen and empathize without judgment. ...
  7. Don't say…
  8. Remind them this does not mean they are stupid.

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