Farwinz
About Farwinz Company
What Does Farwinz Do?
Farwinz is a renowned organization specializing in the recovery of funds misappropriated by deceitful brokers. The company offers comprehensive chargeback services globally. Its headquarters are situated in Moscow at Presnenskaya Embankment, Building 12, Tower “Federation-Vostok,” 10th floor, office 107.
Farwinz Company’s Background and Team
Established a decade ago by Viktor Vasilyevich Chalym, Farwinz boasts a team of banking, legal, and insurance experts. The workforce comprises six dedicated professionals:
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Elena Alexandrovna Abramova
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Igor Nikolaevich Samoylenko
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Natalya Vladimirovna Morozova
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Andrey Nikolaevich Chernyshev
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Sergey Igorevich Nikityuk
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Dmitry Alexeevich Demchuk
Farwinz maintains an active presence on major social media platforms including Facebook, Odnoklassniki, Twitter, and Instagram.
Operating Principle of Farwinz
The company offers chargeback services for a predetermined fee, which may be a percentage of the refunded amount or a fixed sum. Clients are required to make an initial payment, with specific payment terms undisclosed on the official website. Farwinz does not guarantee a refund of the prepayment in case of an unsuccessful resolution.
How Farwinz Handles Chargeback Cases
Clients are prompted to complete various forms on the company’s website, furnishing personal details such as full name, email, phone number, Skype, and submit the form. Farwinz pledges to reach out to clients within 10 minutes of form submission. The first consultation is complimentary.
The procedural steps involve:
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Situation analysis and success likelihood assessment
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Contract finalization with the client
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Provision of essential documentation for transaction verification and broker malpractice evidence
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Commencement of the chargeback procedure
Clients must provide supporting documents including payment receipts, bank statements, incident descriptions, and broker communications.
Comprehensive Insight into the Chargeback Process
Farwinz compiles a dossier of evidence and a statement, submitted to the client’s bank. Following bank review, the documentation is passed to the international payment system for evaluation. If necessary, an appeal to the broker’s bank could progress to arbitration.
The company commits to assisting clients throughout all chargeback stages, with a maximum review period of 60 days, extending to 90 days in cases requiring arbitration.
Farwinz Company’s Strengths and Weaknesses
Farwinz asserts its capability to recover traders’ investments from all brokers swiftly. The team is positioned as skilled professionals, and the company as an industry expert. However, Farwinz refrains from specifying guarantees. The website indicates a 96.3% success rate in returning funds, yet lingering uncertainties persist.
Feedback on the official website portrays client satisfaction, while external online reviews suggest some clients’ dissatisfaction with the outcome.
This review has been prepared by the specialists at ExpertsReview.
I had a seriously disappointing experience with Farwinz as my broker. There is a substantial lack of professionalism and communication which proved to be a major setback. It also felt like he was constantly trying to force deals that didn’t align with my financial interests or objectives. His supposed market knowledge turned out to be shallow and inadequate. Overall, a very unsatisfactory service. I regret hiring him as my broker. I don’t recommend Farwinz to anyone seeking efficient and professional brokerage services.