Brief information about the company Global Invest Trade
LLC “Global Invest Trade” is a company specializing in recovering funds from fraudulent brokers and providing trading education.
The independent consulting company LLC “Global Invest Trade” (Global Invest Trade) is engaged in recovering money from fraudulent brokers and provides trading education services.
What is known about the company Global Invest Trade?
The company started operating in 2018. Information about the number of chargebacks conducted and the percentage of successful withdrawals is not disclosed on the company’s website.
Information about the management and team composition is not publicly available, and there is also no information about the founders of the company. The company is registered in Russia, with the office located in Nizhny Novgorod at 32 Belinskogo Street, office 301.
Collaboration process with Global Invest Trade
The company offers services for recovering investments from broker websites through chargeback. To receive assistance, clients need to fill out a feedback form or leave a contact number for follow-up.
The first consultation is provided free of charge to assess the chances of a chargeback. Further collaboration is fee-based, but the exact amounts of services are not specified on the website. There may be an advance payment, but information about the amount is not available.
Detailed chargeback process
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Preparation and submission of a claim to the issuing bank (client’s bank) by the company’s lawyers.
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Transfer of documents from the issuing bank to the acquiring bank (broker’s bank) through an international payment system.
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Determination of the chargeback possibility by the international payment system and transfer of the case to the acquiring bank.
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Satisfaction of the trader’s claims by the acquiring bank or broker.
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If the broker disagrees with the chargeback, recourse to the arbitration of the payment system.
For a successful chargeback, the client needs to provide documents confirming cooperation with the broker and transactions, such as a contract with the broker, transfer receipts, and chat screenshots.
Advantages and disadvantages of the company
The company’s advantages include the speed of fund recovery: from 14 to 60 days. The company promises to return money from the account within 5 days, but this depends on the broker’s response to the claims. Delays may occur if the case goes to arbitration.
Global Invest Trade has limited experience in the chargeback field, and there is no information on successful refunds on the official website. Client reviews about the company online are predominantly negative, raising doubts about its competence.