Deposit Protection is an online service created for online traders. Using Deposit Protection, you can reduce your risk of loss at all stages, from account opening to funds withdrawal, all the way through the trading process. Deposit Protection monitors your brokers in order to determine how trusted they are, and will help you to get your trading deposit back in case of any withdrawal issues. Using our instructions and doc templates, you will be able to easily file any complaints to your bank or your broker's regulator. If you use our service before opening an account, this will help you avoid most common mistakes that lead to withdrawal delays or cancellations.
Deposit Protection targets both the traders who are planning to open an account with an online broker, and those who already face issues with a broker delaying or canceling their payments. If you already have an account and don't have any issues with your payments, it will be still handy for your to subscribe to our service to gain peace of mind and always be sure that your funds are under protection.
With Deposit Protection, you get the following:
Getting access to our Popular package is very easy and won't take more than a minute. All you need to do is click Subscribe or Get Access buttons available on every page of the website. In the dialog that shows up, specify your name and email. We need your email address in order to send you broker monitoring info. After providing your personal information, follow the instructions on your screen.
Once you have entered your name and email, you will see more menus and pages have become available to you. Check out all this new info and add our website address to your bookmarks for your convenience and future use. Your browser will remember your login details, and you won't have to provide them again. If you need to login with a different browser or device, click Sign In in the top right corner and enter the email you have signed up with.
You will significantly increase your chances to get your money back if you subscribe to Deposit Protection. You are welcome to choose our Popular plan, as it's completely free. After getting access to our service you will receive everything you need to get your deposit back.
First, you need to check whether your broker is regulated. To do so, the only thing you need to do is subscribe to our service, which will immediately grant you access to the broker database, blacklists, and white lists. If there are any issues in connection with your broker, our monitoring system will notify you of such. However, if you already opened an account with a broker and are now questioning its reliability, what we recommend you is withdrawing your funds immediately and opening an account with a licensed and regulated broker.
You can find this broker in our database available to all members of Deposit Protection. If your broker is regulated by a government authority, it is most likely a trusted one. By subscribing to our service, you will minimize your risk of loss when it comes to depositing money to a scam broker account.
All Deposit Protection members get real time updates on broker monitoring. Whenever a broker has any payment or withdrawal issues, a regulator may fine it or even cancel its license; if this is the case, you will be among the first to learn it, and, thus, able to withdraw your funds before the actual mess starts.
We recommend depositing, both initially and afterwards, via credit cards (Visa or MasterCard) only. In this case, you will have at least two ways to get your money back: via the bank chargeback process and through filing a complaint to the regulator.
If you make a deposit through an e-wallet, you are very unlikely to get an e-payment company issue you a refund. In this case, the only means you have is filing a complaint to the regulator or direct communication with the broker. Worry not, though: we will be happy to tell you how to do it here on Deposit Protection. Moreover, this will be completely free for you if you activate our Popular plan.
We offer a paid chargeback service, which involves hiring professionals. This service is rendered by a third party. The fee depends on how much you want to get back and usually varies between 10% and 30% of the amount in question. For more information on the conditions and fees, please refer to our Plans section. You can also request chargeback services from there.
You can avoid many issues if you take all right steps during the account opening process. Deposit Protection offers you a step by step guide on opening an account the right way. This is available with the Popular package, i.e. completely free of charge!