Overview

Instant Recovery was founded three years ago, and has helped thousands of clients recover funds lost to financial fraud. The company offers a multi-solution approach, and prides itself on its commitment to providing the very highest level of customer support. Their website provides details of some of the brokerage brands and organizations they have been successful in pursuing, and they apply a fully customized approach to each client’s circumstances.

Instant Recovery takes an innovative, dynamic approach to managing cases; potential clients have the option to use the First Case Calculator; on the company’s website, to assess the likelihood of their case being successful if pursued. They are currently ranked 7th among online consumer protection agencies, despite the relative youth of the company.

Services

Instant Recovery is made up of a team of fifty-four specialists who have extensive experience in international banking laws and regulations, and money tracing. 

The company deals primarily with ‘boiler room scams’ – these are scams where, typically, a fraudster will cold call a target with the aim of persuading them (often using highly sophisticated means) to invest in, for example, a forex or commodity deal, promising that it will deliver significant returns.

There are three key services offered by Instant Recovery:

  • Preventative Information. With their years of accumulated experience, Instant Recovery are excellently positioned to advise their clients on how to avoid being scammed, and you can find further information on this on their website. With scammers using increasingly high tech means, it is becoming more frequent for experienced traders to get caught out, although new traders remain at highest risk.If you’ve already lost money to a fraudulent broker or organization, Instant Recovery recommends getting in touch with their team so that they can assess your case.
  • Consulting and Recovery is the main service offered by Instant Recovery, and further details of their processes follow below.
  • First Case Calculator. Potential clients can use Instant Recovery’s free online calculator to establish the realistic chance of their case being successful. This tool is available on the company’s website and will generate a result instantly – Instant Recovery is unique in offering potential clients the use of such a tool.To use the First Case Calculator, you will need to input the amount of the investment you made, and the dates on which this occurred, and the payment method you used for the transaction(s), as well as personal information such as your name and date of birth.

Instant Recovery’s Chargeback Process

To begin with, potential clients may want to use the online First Case Calculator, or they can get in touch with Instant Recovery directly, either via telephone, email, or by filling in and submitting the online form available on the website. Once this has been done, an Instant Recovery representative will get in touch to discuss the case in full, and, if they feel the case has a high chance of success, will advise on next steps, how long the process is likely to take, and charges. Unusual among other similar chargeback businesses, the representative will also be able to provide comprehensive advice to avoid the victim getting scammed in the future as part of the overall service package.

The next stage is review: the case will be thoroughly appraised, and a team assembled to take it forward, with a Case Manager assigned. This part of the process can take up to fifty-two hours after Instant Recovery has agreed to take on the case.

Information gathering now begins: at this point, the client will need to provide the team at Instant Recovery as much documentary evidence as possible, which can include, for example, bank statements, receipts, and emails exchanged with the fraudulent broker, platform or organization. Instant Recovery, meanwhile, will be locating and collecting information on the scammers and beginning to trace the lost funds.

Now the company will begin the process of recovering the client’s money. This can involve corresponding with the fraudulent party, and filing claims. Once the funds have been recouped, they are deposited into the client’s bank account.

Pricing

Instant Recovery doesn’t detail their charges or commission for successful recovery on their website. They state that, in relation to this, each case is considered on an individual basis, and fees are determined based on, for example, the complexity of the case.

An initial consultation is offered free of charge.

Customer Support

Instant Recovery can be contacted from 10am – 8pm Monday to Friday, although if your case is taken on, you will have 24/7 access to support from your Case Manager and assigned team. The company is committed to total transparency and, to this end, clients are sent copies of all documentation sent as part of the case, and informed of actions and progress at every step of the way.

In 2019 Instant Recovery recouped $2,400,000 for their clients, and they claim to be able to resolve even the most complex of cases within a short period of time.

Pros
High success rate in fund recovery
Multitude of positive customer reviews
24/7 customer support for clients
Online initial calculator tool
Excellent levels of transparency and collaboration with clients
Cons
No pricing or commission structure provided
Three day wait for case to be assigned to a team once taken on
ProsCons
High success rate in fund recoveryNo pricing or commission structure provided
Multitude of positive customer reviewsThree day wait for case to be assigned to a team once taken on
24/7 customer support for clients
Online initial calculator tool
Excellent levels of transparency and collaboration with clients

Conclusion

Despite the lack of fee information available for Instant Recovery’s services, their high success and customer satisfaction ratings point to this being a professional organization with a proven track record of recovering lost funds for their clients. Instant Recovery has won back money for 8,593 clients to date, and has over four thousand cases in progress right now. Unlike other chargeback businesses, their website lists some of the businesses they have won cases against, which is further evidence of a company that can deliver real results.

The education angle that Instant Recovery takes is impressive, too. As well as helping clients get back money already lost, their team also provides comprehensive information to help traders avoid falling victim to fraud again – a significant amount of this information is available on their website.

7.9
Over 1,000 Success Stories
Over £10,000,000 Returned
82% Success Rate
Over 1,000 Success Stories
Over £10,000,000 Returned
82% Success Rate
7.9
2,810
User Votes

Top 3 chargeback companies

Users Choice
9.6
89% Success Rate
Up To 1$M Retrieved Monthly
Fast Case Resolution
Read full review
Most Reputable
9.2
Fully Transparent Process
Very Professional Team
Responsive Customer Service
Read full review
Editor's Choice
8.9
UK-based Lawyers Team
Low Success Fees
Quick Reclaim Process
Read full review
Users Choice
89% Success Rate
Up To 1$M Retrieved Monthly
Fast Case Resolution
Most Reputable
Fully Transparent Process
Very Professional Team
Responsive Customer Service
Editor's Choice
UK-based Lawyers Team
Low Success Fees
Quick Reclaim Process
Top 10 Chb FAQ

FAQ

 
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