Read our The profit arena review before opening an account with them. Our theprofitarena.com review is an honest and unbiased one. This company says they can teach you how to trade in forex so you can make money trading. And there would be nothing wrong with that unless considering the The profit arena business practices. We will show you how this company works in this The profit arena review.
How do they work
The profit arena business practices are the worst we have seen in the forex education niche. They set up tens of exactly similar looking websites and they spam people all over world with calls and emails. They will not take no for an answer and some people even reported receiving tens of calls every day from these companies. They also work with “Automated Trading Software” websites which are a big scam on their own.
They do have some eBooks and courses on their website which makes them seem genuine but they will try to get as much money out of you as possible by pressure selling tactics. In case you change your mind and you want a refund, you will not get it, even though they have stated on their website that you can get a refund in 14 days. After you finished your “education” they will probably recommend you to an unregulated forex brand where you can trade, thus continuing the vicious scam cycle.
Can u get your money back?
Honestly there is no straight answer to that, sometimes you can get them back sometimes you can’t. It depends on many factors and many players. The most important factor is the deposit method and the most important players are the banks and PSPs. In either way you need to have a solid case. You have to collect all the evidence that shows they are not willing to return your money, including e-mails, text messages and phone calls. After that you need to present your case to the bank by either you or a chargeback company, in either case you only have one chance at this. We also need to warn you that there are many chargeback scams out there also, so if you need a chargeback company, reach us at [email protected] and we will recommend one for you.
Another way to try to get the money back is to turn to the authorities. By authorities we do not mean just the police, but also regulators and even the business registry entity where the company is registered. In case you don’t know how to research all the above reach us at [email protected] and we will see if there is anything we can do to help you.
The profit arena Review Recap
We hope our The profit arena review has stopped you from giving them your hard earned money. In case you signed up with them before reading this review please do not give them any more. If you want guidance from us on what to do after being scammed feel free to reach us at [email protected]. We will also like to hear your own The profit arena review which you can leave in the comment section below. That way you can warn other people about The profit arena.