Dear Sir / Madam
I transferred Rs 50,000 to a online trading broker named Instaforex India, Their office situated in Mayur Vihar, New Delhi.
After receiving the funds, they refused to deposit the amount in my trading account and also refusing to return the funds to my bank account.
Can you please guide me the way to retrieve my money back. I can provide all necessary details and the proof of money transfer to them.
Thanks and Regards
Thank you for reaching out. Please ensure you keep all proof of the ₹50,000 transfer and your communication with Instaforex India safely preserved. You may start by sending them a formal written notice demanding an immediate refund, and if they still refuse, you can approach the appropriate authorities for recovery of your money. It is advisable to consult a legal professional who can examine your documents and guide you on the most effective next steps based on the facts of your case.
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