Binary Options Scam Broker (Need Help!)

Hi folks, i believe there are traders out there who encounter similar issue as me. My money is now stuck with my binary option broker and they refused to refund me my money. I had ring them up many times and confirmed that i had my account verified and fulfilled the trading lot size to get back all my capital. Send them plenty of emails asking for updates but no reply at all. Just received a call from a new account manager assigned to me and they still have the guts to ask me to fund my account with more capital for upcoming NFP. After i hung up the call, i notice that my withdrawal request which was in pending status for almost a month had changed to cancelled. I would like to file an official complain or police report against this broker. Does any one out there knows where can i seek help from? Or anyone who has similar issue dont mind to share your experience? Thanks in advance.

which broker? find out where they are regulated if any? contact that regulator. If not regulated it's very hard to get money back but name and shame them to warn others, and also file a case with your evidence on forex peace army website to get the word out. good luck

PM me. What broker? I am Singaporean too btw

chamchoun posted:
PM me. What broker? I am Singaporean too btw

PM send!

Vision Binary is confirmed a scam binary options broker, as most SpotOptions brokers are.

chamchoun posted:
Vision Binary is confirmed a scam binary options broker, as most SpotOptions brokers are.

Dont mind share your experience? Why do you think vision binary is a scam broker?
My experience with them:
1. Very slow web UI.
2. No iphone / android app to trade with.
3. Poor customer service, they only create case on your behalf if you ring them up, will never solve your issue on the spot.
4. Keep changing of account managers, seems like their employee turn around rate is very high.
5. Company establish for less than a year. (Domain age 173 days) https://www.scamadviser.com/check-website/visionbinary.com
6. Do things without asking for permission. (My account password was changed and they cancel my withdrawal request without me knowing)
7. Long lead time for withdrawal.
8. Keep receiving called from employee in different countries asking you to top up your account for upcoming trading oppotunities (with they will never return you back your capital just like me).

axel85 posted:

chamchoun posted:
Vision Binary is confirmed a scam binary options broker, as most SpotOptions brokers are.

Dont mind share your experience? Why do you think vision binary is a scam broker?
My experience with them:
1. Very slow web UI.
2. No iphone / android app to trade with.
3. Poor customer service, they only create case on your behalf if you ring them up, will never solve your issue on the spot.
4. Keep changing of account managers, seems like their employee turn around rate is very high.
5. Company establish for less than a year. (Domain age 173 days) https://www.scamadviser.com/check-website/visionbinary.com
6. Do things without asking for permission. (My account password was changed and they cancel my withdrawal request without me knowing)
7. Long lead time for withdrawal.
8. Keep receiving called from employee in different countries asking you to top up your account for upcoming trading oppotunities (with they will never return you back your capital just like me).

Vision Binary is made by the well-known binary options scammer Sean Park. A google search will unearth all.

Another scam broker found. FINANCEYARDS!!! Deposit USD250 and manage to profit to a sum of USD550. Unable to withdraw capital and i did not accept any bonus from them. I see no reason why they stop me from withdrawing my money. Fed up and i purposely loose everything in my account. Now they are sending me an email for monthly inactivity charge. WTH!!!

My broker swindled every penny off me through binary options. Over $80k lost, starting from a $1000 investment. I was able to get my entire lost funds back. Thanks to king-wizard(at)programmer(dot)net He is the best in recovery. There is still hope

Singapore, unfortunately, has a serious problem with binary options scams, like many other places all over the world.

There has been a sharp rise in the number of complaints from investors in Singapore who have lost significant sums to unregulated and/or fraudulent binary options brokers, reports the Singapore Police Force. (https://smnweekly.com/2017/04/24/singapore-police-losses-to-unregulated-binary-options-platforms-exceed-1-7-mln/) The police said it has received more than 40 reports from investors who have lost over $1.7 million to unregulated binary options platforms.

I have been down this road before dealing with binary option brokers, lost 53k trading with iqoption. And wasn’t able to get my money back even through legal means, don’t waste your time with any other action. simply contact mymoneyback at cyberservices dot com and have your funds recovered in a few days time. I assure you he is the best way out, in this state of despair.

Binary Options: Better to go to Vegas.....

Frankly, I just recommend to stay away from binary options brokers. Not only are they scammers, but more often than not they’re connected to organized crime. The Israeli ones definitely are, according to the testimony of the country’s top cop before their parliament. (https://www.forexbrokerz.com/news/Israel-top-cop-admits-organized-crime-behind-binary-options-Knesset-to-pass-bill-next-week)

“Our eyes have been opened,” he told the Israeli MPs. “What we’re seeing here is a massive organized criminal enterprise. We are talking about criminals at various levels of crime organizations, up to the very top.”

axel85 posted:
Another scam broker found. FINANCEYARDS!!! Deposit USD250 and manage to profit to a sum of USD550. Unable to withdraw capital and i did not accept any bonus from them. I see no reason why they stop me from withdrawing my money. Fed up and i purposely loose everything in my account. Now they are sending me an email for monthly inactivity charge. WTH!!!

Thank you sharing with details! Hope this help us a lot! Really, day by day the number of scam brokers are increasing very rapidly; that’s really unfortunate!

Before investing our money in broker we the traders have to make sure the brokers credibility. Actually the credible trading broker for all time ensures security of funds at any kinds of investments with a wide range of trading technologies.

Lost 130k trading with Banc De Binary. I was able to get my funds back thanks to binaryoptionsguru. Almost committed suicide last year from this loss, I can't thank this man enough but to share my testimony with others, I owe him my life. Contact him if you are in the similar situation with these binary option brokers, and seeking to get your funds recovered

Most binary options brokers are not regulated, easy may open account and fund it, very difficult to withdrawal your profits from them. No regulation or controlling authority and no protection of clients funds.
Bottom line: as mlawson71 and many others recommend - stay away from binary brokers at all.

Why trade with Binary Options at first place? You can just gamble with sport events instead ... (football, volleyball, tennis, basketball ...etc) At least you know there won't be anyone to steal your money and you will have the same results (or even win if you are good or lucky).
Be very careful as trading is not something that you can easily do. If it was - all of the workers will become traders. Think about it :) P.S. Don't believe everything you read on the forums.

chamchoun posted:
Vision Binary is confirmed a scam binary options broker, as most SpotOptions brokers are.

I am a Forex trader! But I see so many negative posts on Options Broker! Not sure about their activity!