It's common for users to overlook billing matters until an unexpected charge catches their attention, particularly in services like RoboForex Copy Trading. This guide is designed to clarify how refunds work within this platform, who qualifies for them, and the straightforward steps you can take to request your money back efficiently. By following these instructions, you can navigate the refund process with confidence and ease.
What You Should Prepare Before Applying For Refund
Account Information: Have your RoboForex Copy Trading account details ready, including your account number and registered email address.
Transaction ID: Gather the specific transaction ID for the trade or copy trading service you wish to request a refund for.
Proof of Trade: Collect any relevant screenshots or trade history that demonstrates the issue or reason for the refund request.
Refund Request Form: Check if RoboForex Copy Trading requires a specific refund request form and complete it accurately.
Communication Records: Compile any correspondence with RoboForex support regarding the issue, including timestamps and reference numbers.
Withdrawal Requests: If applicable, ensure you have records of any withdrawal requests that correlate with the trade in question.
Terms and Conditions: Review RoboForex’s refund policy to understand your rights and ensure your request aligns with their specific terms.
Timeframe Documentation: Document the dates when the trade was executed and when the refund is being requested, as timelines may be crucial for processing your claim.
How Long Does it Take to Get a Refund?
Payment method
How long it takes*
Bank Transfer
3-5 working days
Credit/Debit Cards
1-3 working days
E-Wallets (e.g., Skrill, Neteller)
1-2 working days
Cryptocurrencies
1-4 working days
*Working days are Monday to Friday, and don't include public holidays.
What are my Rights? Am I eligible for a Refund from RoboForex Copy Trading
At RoboForex Copy Trading, users engage in a platform designed to facilitate trading activities through copying transactions from experienced traders. Understanding your eligibility for a refund is essential, especially in the context of account management and subscription dynamics inherent to the service. Below are specific situations where users may qualify for a refund or have questions regarding their account and billing:
Subscription Cancellations: If a user cancels their subscription to the Copy Trading service, they may want to inquire about the timing of cancellation and whether it affects the most recent billing cycle.
Service Interruption: Users experiencing significant disruptions or technical issues that impact their ability to use the service might seek clarification regarding potential eligibility for a refund.
Performance-Based Concerns: Users may have questions about whether specific performance metrics of the traders they are copying might affect their eligibility for any adjustments or credits.
Account Misunderstandings: If there is any confusion regarding the status of a user's account or subscription level, clarifications might lead to discussions about potential eligibility for credits.
Fee Discrepancies: Users noticing inconsistencies in the fees charged for using the Copy Trading service may wish to seek clarification regarding those charges and their implications for eligibility.
It's important for users to understand these situations within the context of their individual account management and the specific policies of RoboForex Copy Trading. For any inquiries or clarification on refund eligibility, users are encouraged to contact customer support for tailored assistance.
Step-by-Step Process to Request Your RoboForex Copy Trading Refund Like a Pro
If you purchased through RoboForex Copy Trading:
Log in to your RoboForex Copy Trading account.
Navigate to the Account Settings section.
Click on Billing or Payments.
Find the subscription you wish to refund under Active Subscriptions.
Click on Request Refund next to the relevant subscription.
In the refund request form, clearly state:
“The subscription renewed without notice.”
“I did not use the service during this billing period.”
Request a prompt resolution.
Submit the refund request.
Check your email for confirmation and further instructions.
If you purchased through Google Play:
Open the Google Play Store app.
Tap on the Profile Icon at the top right.
Select Payments & subscriptions.
Tap on Subscriptions.
Find the RoboForex Copy Trading subscription.
Tap on Cancel Subscription.
After cancellation, tap on Refund or Request a Refund.
In the message, mention:
“The subscription renewed without notice.”
“I have not used the service actively.”
Submit the refund request.
Check your email for the refund status.
If you purchased through Apple:
Open the Settings app on your device.
Tap on your Apple ID at the top.
Select Subscriptions.
Locate the RoboForex Copy Trading subscription.
Tap on Cancel Subscription.
Now, go to the Report a Problem website.
Sign in with your Apple ID.
Find the purchase and click on I want to request a refund.
In the pop-up, indicate:
“The subscription renewed without any notice.”
“I did not use the service recently.”
Submit your refund request.
Monitor your email for updates on your refund status.
If you purchased through Roku:
Go to the Roku.com website and sign in to your account.
Navigate to Your Account settings.
Under Manage your subscriptions, locate the RoboForex Copy Trading subscription.
Select Cancel Subscription.
After cancellation, go to Help or Support section.
Look for the option to Request a Refund.
In your message, mention:
“The subscription renewed unexpectedly.”
“I have not engaged with the service this term.”
Submit the refund request.
Check your registered email for the confirmation and details.
Disclaimer
Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.
The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.
Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.
Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company's terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.
I am writing to bring to your attention a billing situation that has occurred: [describe reason].
In light of this, I would like to request a refund in the amount of [Amount].
I have attached the relevant documentation to support my request.
I kindly ask for confirmation of my refund request within 3-5 business days.
Thank you for your attention to this matter. I look forward to your prompt response.
Sincerely,
[Your Name]
[Your Phone Number]
Common refund statuses
Status
Meaning
What It Means for You
Pending
Your refund request is under review.
The refund process has started, but no action has been taken yet. You will be notified once it progresses.
Processing
Your refund is being processed by RoboForex.
It may take a few business days for the refund to be completed and reflected in your account.
Refunded
The refund has been successfully completed.
The amount will be credited back to your account, and you will receive a confirmation email.
Partially Refunded
Only a portion of your total refund amount has been processed.
This indicates that part of your funds has been returned, and details will be provided in the confirmation.
Completed
The refund process is fully completed.
You can confirm the refund in your account statement. If you have questions, contact support.
Canceled
Your refund request has been canceled.
This may happen at your request or due to issues with the initial request. Check your email for more details.
Real User Scenarios: When and How Refunds Were Successfully Claimed
In the context of RoboForex Copy Trading, users often navigate a variety of situations that may lead to refund requests. Here are some specific scenarios in which users successfully claimed refunds:
Subscription Plan Change: A user decided to upgrade their subscription plan to access additional features but later realized that their trading goals were not aligned with the new plan. They contacted customer support and, after explaining their situation, were able to receive a refund for the difference in subscription fees.
Trading Performance Expectations: After a month of utilizing the copy trading service, a user found that the performance of copied traders didn't meet their expectations. They requested feedback from support regarding their trading outcomes and, upon understanding the service better, received a partial refund as part of their user engagement strategy.
Account Management Error: A user inadvertently selected an inappropriate copy trader, leading to unsatisfactory results in their investments. Upon reaching out to customer support for assistance, they explained the misunderstanding and were granted a refund for the service fee related to that specific trader.
Transition to a Different Strategy: A user who initially subscribed to a multi-strategy copy trading account shortly transitioned to a single trader strategy that suited their needs better. After communicating their decision with customer support, they received a refund for the unused portion of their original subscription fee.
The Easiest Way to Get a RoboForex Copy Trading Refund
If you're frustrated trying to get a refund from RoboForex Copy Trading—or if you didn't even realize you were being charged—Chargeback can help. Chargeback is a personal subscription manager that automatically detects hidden, recurring charges like Netflix, Hulu, and hundreds of others. With one click, we can cancel unwanted subscriptions, flag suspicious billing, and even initiate refund requests on your behalf. No more waiting on hold or navigating confusing help pages. Just connect your bank or card account, and we'll take care of the rest.
How to Track Your Refund Status Efficiently
Tracking your refund status with RoboForex Copy Trading is crucial for managing your investments effectively. Here are some efficient ways to keep tabs on your refund:
Check Your Email Notifications: RoboForex typically sends updates regarding your refund status via email. Look for emails with the subject line containing 'Refund Update' to stay informed about any changes or confirmations related to your refund.
Monitor Your Account Dashboard: Log into your RoboForex account and navigate to the Account Dashboard. Here, you can find a detailed overview of all transactions, including any pending refunds. The dashboard provides a clear status indicator to help you identify refunds at a glance.
Review Your Order History: Go to the Order History section of your account. This feature allows you to track all your trading transactions, including any refunds initiated. Check for specific entries labeled 'Refunded' to see the status and amounts returned.
Utilize the Billing Section: In the Billing section of your account settings, you can find information related to financial transactions, including refund requests. This area typically contains a timeline of your refund status, from the initiation to completion.
Mobile App Notifications: If you use the RoboForex mobile app, enable push notifications. This way, you will receive instant updates on your refund status, ensuring you are always aware of any changes while on the go.
Customer Support Resources: If you have any questions or uncertainties, don’t hesitate to reach out to RoboForex’s customer support. They can provide the latest information on your refund status and address any outstanding queries.
FAQ
Unfortunately, if you forget to cancel your RoboForex Copy Trading subscription before the renewal date, refunds are generally not provided for the recent charges. It's important to manage your subscription actively to avoid unintended renewals. For any specific concerns, you may wish to reach out to RoboForex support for clarification.
Refunds from RoboForex Copy Trading typically take anywhere from 3 to 10 business days to process, depending on the payment method used. Once initiated, the time it takes for the funds to appear in your account may vary based on your bank or payment provider.
If you notice a charge but do not have an active subscription, we recommend checking your account for any previous subscriptions or trial periods that may have ended. If everything appears correct and you still have questions, please contact our customer support team for assistance in resolving the issue.
If you're unable to obtain a refund directly from RoboForex Copy Trading, consider reaching out to their customer service again for further clarification on your request. Additionally, you may want to escalate the issue within their support system to ensure it receives the appropriate attention. Reviewing your account details and transaction history might also provide insights or additional information relevant to your inquiry.
If RoboForex Copy Trading declines your refund request, consider thoroughly reviewing their refund policy for specific guidelines or criteria. Additionally, you can reach out to customer support again for clarification or to discuss your concerns further. Ensure that all relevant account details are accurate and provide any necessary documentation that may assist in your inquiry.
Chargeback and the Chargeback trademarks used herein are trademarks or registered trademarks of Chargeback and its affiliates. The use of any other trade name, copyright, or trademark is for identification and reference purposes only and does not imply any association with the copyright or trademark holder of their product or brand. Other product and company names mentioned herein are the property of their respective owners.
¹ Total savings is calculated based on internal annualized estimates of savings for customers. ² Average requests times may vary depending on volume of requests
Comments (0)