Pharaoh
Brigadier General
- Messages
- 20,312
Although I have seen banks incorrectly decline to pursue chargebacks, I believe that the majority of them do follow the procedures correctly. The critical thing often comes down to explaining that the charge itself was not unauthorized, but that the broker failed to deliver on the promised service of honoring legitimate withdrawals requests. Quite a few FPA members have been able to recover money if they could document that the funds hadn;t been lost trading and the broker was not allowing withdrawals.