Thank you for visiting the Binary Options Blacklist! On this page you will find an updated list of scam brokers, fraud cases and brokers involved with lawsuits. Many fake sites are attempting to destroy the good reputation of well established binary options brokers. Before signing up make sure to review the Blacklist carefully. If you are currently having issues with the mentioned brokers you can always file a credit card dispute as a last solution. Midnight Money Machine is a SCAM! Avoid the following signals services and fake auto traders — Get Rich Quick Scams!!!
Trade Fusion Review — EXPOSED! Trade Tracker Pro exposed by Anonymous ALIVE IN 5 SCAM!!! Associated with Drexel Code! Read my complete review! How To Identify a Binary Options Scam? At times traders can fall into the hands of a fraudulent company, pretending to offer the same services and level of customer care that the popular brokers offer their users.
Depositing your money is easy with any company you signup with, yet the withdrawal process might quickly become a nightmare if you signup with the wrong broker. In many cases, traders without any online trading experience fall into the New Account Bonus Offers that restrict the trading account.
Does it mean you got scammed? I want to request a withdrawal and they are asking me for a picture ID and my credit card information, Should I give them my personal information? If a binary options broker asks you for your Social Security Number of any other sensitive information besides your IDUtility bill and Credit Card Info this might be a binary options scam and you should never give out this information!
How get I receive my money back? Disputes may take up to 30 days but in the case you did in fact get scammed this might be your only possible way to get your money back! I just saw some of your videos.
I wish I had found them before I started only two weeks ago. I was referred to Global Trader I started with 2K and they matched it with 2k.
I was up to 10k and now it is disappearing. I would like to get started with someone you trust and slowly recover my money from Can you help me? There is a little bit of an issue with Global Trader I received tons of complaints via email on this company and one of my Youtube Subscribers wrote an article on this company which eventually got people to start commenting on their experience with this company.
I have to warn you that you are not going to like what you see. Checkout the Topoption Review. Thank you Paul, NYStockOptions is a scam broker. Check them out on the ScamBook website. Mike I have been had by GlobalTrader Now, I am in pains to get my withdrawal request honored.
One thing is very unusual…. Neither do they show what you lost. Everything seem to be assigned to bonuses. I believe they are available in Indonesia. Mike Cedar Finance are a scam. I believe this is robbery and illegal. Hello Michael, at first a great thank for your amazing advices. I guess it bewares a lot of people from scam brokers. Now my question to you is: Can I purchase a real working full automated software to trade successful Binary Options? How can I learn the Binary Options trading method?
I dont want run in a financial desaster. Please let me know, thanks a lot. Hello Wolfi, thank you for the awesome feedback! Checkout the complete list of signals services on my blog. Auto Traders and Signals I think Opteck is a scam too.
They refuse to return the money, so I see them as a big scam. Beware: Opteck is a scam. The entire purpose of the page is to get your email, so they can legally spam you with emails in the future and re-distribute your email to other spammers, by giving out your email you are options considered an Opted-In User, and based on Google spam policies, they can legally send you emails.
There are only a handful of reliable binary options signals providers, but many of the pitch pages that you are finding are pure marketing pitch pages used for phishing scams. Michael Do you know of -ABS Auto binary signals software by roger pierce and what is your review of ABS software. I am wanting to hear from any members who are using the ABS signal software and any members using rogers pro trading autotrade service.
The Option Bot 2 is the most popular Auto Trader right now and I listed it on the Binary Signals Page. Mike Hi Michael, WOW! How about fool automated service? Carol Hi Carol, I am really happy to hear you got saved by the bell. I am glad to know that the review is ranked high enough on Google so if people Google search the company, they can easily save themselves from a nightmarish experience with this fake site.
There are binary options sites at this point but only a handful of fully EU regulated companies including Topoption and Anyoption. Topoption VS Anyoption Review on Youtube In terms of trading, I recommend learning how to trade using a strategy, focusing on one of two assets and getting familiar with both technical and fundamental analysis.
Finding a reliable signals service is not easy and you have to rely of references and positive reviews, as you already know from your own experience that many of these services are affiliated with scam brokers. Mike Really appreciate this. I saw some of your videos, thank for posting that. Hi Michael thank you for your advice on ABS and Optionbot I believe Optionbot2. I am hearing from many traders that pair trading is working well for them.
I am interested to register with a reliable broker so I will make sure to do a little bit more research before I jump into it. Have you heard of BinaryOptionsFree? Just came across my email. They promote Expert Trade Alerts I was able to download a MAC Meta4 platform, but the source does not offer trades to the USA Who do you recommend for a Binary Demo account?
Thanks What would you say is the best Binary Options Broker for Canadians as it seems TopOptions is not available or strategy GOptions. Would appreciate your responses and advice.
And again, thanks for noting all the SCAMMY Binary Brokers; you likely saved me a bundle. Yes Mike is right. Either try out GOptions or RBOptions which accepts clients from the USA and Canada. And by the way, please avoid those automated Binary Robots that have been popping up left and right. Two other good brokers who do accept U. Reviews from expert traders can surely help beginners and be guided where they can invest their money without becoming a scam victim.
They know there are people with money looking to invest it, so these scam artists attempt to grab a piece of the pie out of every industry they can. I get tons of emails and comments from traders who are not as fortunate and deposited their money with scam sites. If you are interested in Binary Options, make sure to register with a fully regulated broker and one with ZERO negative reviews online! This is the only way to stay safe!
Thanks for providing this list! As a newbie to binary options I have little to no understanding of what is involved and would have possibly signed up to any of these trading without knowing any better.
Hopefully now I can make a better decision as to which binary options trader I decide to go with, and not get scammed like so many have in the past. Hi Mike, at first a great thank for your amazing advices. I would like to start very min deposit with them since i got used studing their graphics… have a quick look at this site and if you have chance to reply me tell me your impressions … Hi Lilian, thank you for the comment.
First of all, Taurus Trading seems like a nice looking website I love the design. They do not offer a demo though, so once you are ready to start I would recommend checking out these brands. Empire Option is very big in South America, while Topoption is not availble in the US or Canada but they are available world-wide and they are the 1st EU regulated broker. Checkout the list of popular signals services in the menu. I can recommend both Updown Signals and Signal Feeds, both keep a very high performance.
After waking up next morning to check it out, disappeared. No where to find it. I have heard of some firms manipulating data. Never think of happening on me so fast, so soon. There are signals services out there that will offer you a free trial membership if you register with a legitimate broker, at least if the signals turn out a disappointment, you know that the broker is legitimate and you can continue trading without the signals service.
Mike Thank you for telling it like it is; I am new to binary options and I really want to avoid as many scams as possible. Your post will save me some time and money in the end. Thank you for stopping by!
Mike Thank you for alert me with your information, i received a email video and sign a account with this broker when i will make a deposit i go to google page and read your information. Best Regards Jose Thank you so much for the comments and for the warnings you are sending out about banc I wished there were many of you out there.
Please continue with the good work and surely you will be blessed for all the efforts some day. Greetings George Hi Mike, at first sorry for my late reply ; …. Thanks for enquiring about the taurustrading broker. Personally i am not fully convinced about their custom service, and probably this broker has been out there not so long for find any negative or positive reviews.
After reading your responce i think that i will follow your advice, sign up and dep with a trusted broker and keep practicing on the taurustrading platform. I am not familiar with their performance so keep me posted if you decide to give them a try.
Mike Hi Jessica, Nadex is not bad at all and they offer access in the US and they are regulated. The main problem I have with Nadex is that they charge commissions on every trade. The platform is also not very user-friendly in comparison to other binary options platforms. Any suggestion for a fresher?. From Malaysia you are not restricted by any broker from gaining access. OptionFair, Anyoption and Topoption are considered the top 3 for non US traders. Checkout the OptionFair Review on Youtube and I also included reviews for each broker on the side menu.
Am about to join them any information about them please? Markets World is a very amateur platform, they offer only around 20 underlying assets, very low maximum trade amount and they are not getting the best reviews. I have tried the PI60 and although I am not making that much money, I feel the signals are good. I looked at the time and it was almost at the time that I lost the trade. They usually did the videos at around pm each time. I dunno really but the signals are pretty darn accurate at times.
I used the PI60 in other brokers and it work just as well. My 2 cents worth. Thank you for the kind feedback! I never hear anything bad about RedWood Options, and TradeRush has been around for a while. I am not expecting any issues with this brand but definitely keep us updated with your experience.
Have a great week! I received several complaints already. I am going to review it soon. Opteck is also a broker I removed from my list of recommended brokers lately due to their withdrawal issues.
I would stay away from both sites. Let me know if possible. Mike I am looking at a signal service but, they require that you be signed with one of three recommended trading platforms. It could be an outdated signals service. Last thing you want to do is register with iOption, they are no longer in operation even though the website is still up.
I am new to this investment, I got this in a email. In order to use Profit In 60 Seconds, you need to install Meta Trader 4. Please try re installing the software. Have you turned off the antivirus and firewall? Are you running the latest updates on your PC such as. NET Framework Also, the operating system we recommend is either XP, Vista or Windows 7 Well I am just like most new to this game. After you do that they sell your name to others offering the same thing.
AS I see it the list of the bad ones will keep growing faster than you can shoot them down as a scam. I also made a list of reliable, regulated brokers and signals services that I can recommend using. Checkout the reviews for OptionFair or Topoption if you are outside of the US. If you are looking for a reliable signals service try Updown Signals, SignalFeeds or Taurus Signals. I tested all 3 and they generate a profitable ITM. List of Signals Hello Mike Great site with tons of good information.
I am so new to binary options my age can be counted in minutes. What can you tell me about RB Options? Got an email from them and searched your site but found nothing. Thanks for your help. They advertise a location in Canada, but it turns out that the Toronto address is fake. I want to start in investing in Binary Options. They have a NYC address listed, but when i signed up on their form, I didnt hear back.
Also, on their binary options page, they appear to just link to beeoptions. Is beeoptions a scam? I would also reconsider trading with a completely new broker and instead you should narrow down your search to leading, regulated brokers. I would recommend going with a fully regulated broker. Checkout my list of Binary Options Brokers reviews. Mike I am contemplating doing some online trading and it has been suggested do go with a Canadian company — I would like to know if this is so and if so which one?
What has been suggested for me to look for in choosing a company is — a company that is well known. A company that has good support. Including live chat and an number. Which areas in a company are the best and easiest for a beginner to start in e. Please send let me know of any thoughts you have on them. Sycamore Options is one of the worst scams! Both brands are blacklisted on many binary options websites.
Checkout the Sycamore Options Review for more information. I also made a section on the blog explaining how to use different indicators free on Meta Trader and FreeStockCharts. I included a section on the blog with a list of recommended binary options brokers you can navigate to from the menu.
Checkout the OptionFair Review. Well here is the problem with testimonials…There is a growing online market place for fake testimonials, connecting actors and businesses. I know that Cedar Finance is not the only company hiring actors for these fake testimonials. One important question is, which brokers is the signals service promoting?
If the broker is a scam, the signals service is a scam. Have a nice weekend!! Mike Hello Mike, What do you know about the Golden Goose Method. They are using United Options as their broker. Any insight is appreciated. I already got stuck with GlobalTrade Hi Suzyn, after your experience with GlobalTrader365, I recommend being extra careful before you signup with a new broker. Instead of taking a risk, I would recommend going with an EU regulated broker, checkout the list of recommended brokers.
I have a feeling this Golden Goose Method is going to be as disappointing as the Automated Trading App, if you end up trying it let me know how it went. Have a nice weekend! Most recent is for software named golden goose method sending you to united option this way keep all the deposit in the broker. Thank you for the feedback, I received a few emails just this week, from traders who reported the same negative feedback on the GoldenGooseMethod. Thanks for sharing your experience.
I got mine back. They know they are a scam so it is easier now! Hi, what do you think about BFMMarket?? Where did you find out about them? Never seen this one before. On the right menu I listed several reviews for recommended brokers.
Checkout OptionFair or Topoption if you are from Singapore, both are fully EU regulated and offer access in your country. Mike I am sorry for the delayed response Anthony. I receive tons of email spam from Bell Options lately and I know that they are a new company.
Have a great weekend! I have tried dozens of times to get any support and all that I receive are automated replies that a support staff member will contact me shortly.
If shortly means next year than maybe I will hear from someone, but otherwise — scam!! Thanks for your great work! I will sure to follow your advise toward binary option trading! Then I am forwarded to Banc54 where it seems I now have an account. In my email I receive a confirmation email but from Binary Pilot. Thanks for showing that shit company does. I live in denmark in EU and i am pretty new about binary options… Do you know any thing about taxes?
And What website should i use for binary options? Hi Daniel, the best way to trade safe is to go with one of the EU regulated brokers. CapitalOption, TopOption, OptionFair and PowerOption are fully EU regulated and have a very positive reputation. Checkout the Broker Reviews section for more details. I also posted a video on YouTube on Taxes and Withdrawals I recommend watching!
Mike Hi I have not been able to open a WebPage for GlobalTrader365 for several days!!! Have they closed down? It could be the case! Let me say this first of all: the Ninja portion of the BlackOps program works wonderfully well in my demo account. I have traded a total of trades with wins and 25 losses. My very short live trading at Foxwood was a disaster. I traded one and lost one, then traded again…the trade was good. I write down each and every trade and the time. The times were in sync for the trading platform and my freestockcharts.
My expiry time was EST and on their report they listed it as GMT? They listed the trade as a failure. I sent them a screen shot of the trade, but unfortunately, you cannot print out any trades…they are gone almost as soon as you look at them. I wrote to Foxwood on asking to close my account and on I received a gracious reply from Justin I presume the owner stating I could have my money back, that he would send a report to his committee, etc.
Today is and I have not heard anything else. I would warn anyone considering this broker to be prepared! I am going to post a video on this strategy and try to get some feedback from traders who tried it. Check back in a few hours, my initial review will be posted on YouTube soon. Mike Hello mike ,theres any software that give signals in real time thats works or all scam? If you are looking for a reliable software, Taurus Signals is good most of the time and the Option Bot 2 is the best software in my opinion.
Checkout the Option Bot 2 Review. The broker accounts are synced with the Option Bot and you can select from 16 different brokers. Mike Blacklisted on a verity of sites youtube ForexPeaceArmy, ScamBook and the BBB! Not Recommended at all! You make a lot of references in your post about scam book. It happened to us. An unknown person who was having some fun, published a complaint about us trading was totally false. I had to threaten legal action to have it removed and paid them in the end to do so.
Mike I also went with Ninja and Black Ops and demo trading did great but as soon as I started trading with Foxwood the same thing happened to me as Karin. When I also told them times were wrong and my trade should have won I was told it was my computer. I was such a newbie and should have investigated better, especially with all I have learned on this site.
Hi Colby, I can recommend going with an EU regulated broker like OptionFair or CapitalOption. Another option is to register with a US friendly broker, I am with TitanTrade right now, they offer a good payout and they are reliable. Checkout the reviews in the right-side menu. Mike Hi Michael Thank you sooo much for your infoi was saved just in time. I think I will follow your advice to go with Topoption since i am from Indonesia.
Topoption is a safe choice! They exceed the popularity of many brokers and for the right reasons. It could be that they are located there or that many of their marketers are located there. Thanks for your help mike.
Saved me a lot of trouble and prevented me from being scammed. Peace brother Hi Brendan, In terms of reputation I would say Topoption is probably the best choice, they are also EU regulated and GOptions are not. Checkout my latest review on the OptionBot recommended brokers. Mike Do you have anything on Amber Options? At fitst i was encouraged to invest more to reach a VIP level — the lions club. Although i have an email that would let me withdraw at xmas and monthly; the funds got tied up in trades and the remainder was depleted due to bad trade signals by the broker.
To recover on two ocassions they ask me to deposit more money. I felt that I have already put in 50K then 2K more to recover is a chance that i must take to recover. I said that I dont have it and if I use my current paycheck that I will have to get it back in a week; since I will need it for current living expences.
I even complained that my bills are piling up and the creait needs to be paid back now. I was told that my complaints were right and the head broker said we will recover in the next week.
This occoured twice with no good results. I finally felt that I was being taken for a ride here when I was asked by the trader to mortgage my home, which I refused to do.
I have skype communications to support this and more. What can I do here to recoup the funds as these guys are not helping anymore anthony Hi ehsan, I would always recommend going with a fully EU regulated broker like Topoption, OptionFair and Interactiveoption.
I also noticed a few concerning reviews for Opteck so I would personally stay away. Instead you can signup with one of the reputable EU regulated brokers like Interactiveoption, Topoption or OptionFair. I think they are a great choice. Mike I surfed the web and came across your website which is informative and educational.
I refused them every time. I rejected and hang up the phone every time. I felt something was not right, and I submitted my withdraw request the next day, they just cancelled my request within half an hour without my permission! I emailed them 2 times to their CS support, but no response. I reported my story to my bank on 18 Marthey said they will do an investigation on the matter. Mike, have you any info on Binary Matrix Pro? They just started to push there software.
They say there verified with some type of seal?? Binary Matrix Pro is a scam. Checkout the latest review I posted on YouTube — BinaryMatrixPro Review If you are looking for a reliable service checkout iFollow Signals or my complete list of binary options signals. Do not accept any bonus like, losing a trade, christmas bonus, questionnaire bonus etc. Do not trust any of them. I recently talked to them and they tried to scam me AGAIN.
If you are trading from outside of the US, checkout my Topoption review and if you are trading from the US, I can recommend TitanTrade. Both brokers have a very clean reputation. On this page Broker Reviews you will find the reviews for all of my recommended brokers. Just call their toll free number during the european time zone, shout at them.
Hi Mike, I am so grateful I found your site before I have funded any accounts. Any info on push button millionaire? Thank you for the nice feedback! I swear it is a scam. Hello, is here anybody from Germany, Switzer- land or Austria German speaking whi is always very intersted or involved in Binary Options Trading.
DO NOT DO BUSINESS WITH ZENITH OPTIONS!! They will take your money and refused to return it. The customer Service at this company is HORRIBLE. This binary options provider is not regulated. They will tell you they are but the have to answer to no one. Zenith Options took my 5,000 dollars and refuse to return the money after they told me I would have a 2 day trail and I did so and after 24 hours I requested my money back and they will not answer emails, phone inquiries,Skype, or chat.
They did not even call me to welcome me aboard. They will laugh in your face when you give your money as the keep denying your withdrawals.
This company is a SCAM. You put your money in and you would be better off going outside and burning it all up. Ar least you get to keep the ashes. I have tried only,I used only for 4 daysand it is lossI stopped, and now trading with my broker recommendation and winning most of them. I have a question am from oman and new to trades which site would u recommend which will be suitable for me especialy when it comes to withdrawals?
Topoption is at the top of my list, they have all the credentials and most of all, a clean reputation! Checkout my Topoption Review Thank you for the nice feedback! TOPOPTION will not accept a US address for a real account. For US traders I recommend TitanTrade. I listed them at the top of my US friendly brokers page. Today, I just received a call from another guy, Adam, asking me to open a trade claiming that if I can follow his instruction, I can double my money in my account and withdraw half of the account.
If I am going to follow he will open the trade HIMSELF and TRADE FOR ME until he blow up the whole account. Besides, he kept saying that I must follow his instruction before I can make any further withdrawal! Hi Gary, BMP is a horrible choice. Checkout this article on Binary Matrix Pro and I also uploaded a video on my channel concerning BMP. Mike Hi thereIm from MALAYSIA.
Can you guys please suggest me a trustworthy binary trading option. Checkout the Topoption Review! Mike Hi Mike, I am curious if you have binary info on Binary International? Mike Hi Michael, I am in USA what do you think about PLATINUM TRADER any good info about this broker? Hi there, well Platinum Trader is available in the US.
I just posted an update on this topic: Option Bot 1 VS Option Bot Here is a list of US Binary Options Brokers you can checkout. One of the brokers I usually recommend for US traders is TiTanTrade. Mike I just wanna know about Rogers AUTO BINARY SIGNALS Software is It good for binary options Hi Manav, I receive tons of complaints concerning Auto Binary Signals — ABS. I included both on my list of binary options signals services. I would have been better tossing a coin,if this piece of crap software was as good at winning as it is at loosing it would be brilliant!
Looks and smells like a scam Hi JT, I agree with you on this one. Checkout this honest German Binary Robot Review! This is definitely not a legitimate service, they are connected to BinaryMatrixPro which is another similar scam site. Let me know options you have any questions! Please reply…Thank you in advance! They are fully EU regulated and they offer a nice trading platform.
Mike Hi Micheal, Where can on I find a brokerage that provides a practice account which I can use with either a robot or signal provider? Mike Hi SC, checkout the video I posted on YouTube a few months ago BTC Robot Review. Hi Michael, I received several emails from Stuart Locke who is offering his so called Trade Pair software in his sales video in combination with the LBinary broker. Could you you give me your opinion about? Thank you in advance. Hi Wolfi, I know that Lbinary is a great broker, checkout my Lbinary Review.
Hi Duncan, I actually just uploaded a new video on the Wealthy Trader 3 hours ago, check it out on YouTube. Wealthy Trader Review Cheers! Mike Banc 54 is a scam. Site location is hidden. Each time, I queried this their account department was blamed. William Tence, Justin Delacorte and Henry Shaw are the account managers.
Similar incidents have been reported on the Forexpeacearmy web site. Following their manager Mr. Roberto Lamorotta introduced me to some interesting results and very good and continues to ask for additional payments to increase my earnings. Hi Claude, Each situation is different and it depends on how long ago you deposited, the broker, the method of payment and other relevant information. Mike Can you advice me if i want to start the binary trade system, where i can deposit not much and which i can withdraw without much hassles,I am based here in South Africa.
Hi Annie, Thank you for visiting my blog. From South Africa you can join most brokers. For fast withdrawals I can recommend TitanTrade, they offer same-day withdrawals. Checkout my TitanTrade Review. In the review section you can find additional reviews for Topoption, OptionFair and Capitaloption which are also known for fast withdrawals but from my personal experience I can tell you that titanTrade is really fast in terms of withdrawal approvals and processing.
Good luck with you trades! They are the broker,and tie into signal software with ITM Financial. I was looking into signing up with the Binary Matrix Pro Signal program which charges a penny on each signal but you have to sign up with Platinum Traders.
Can you tell me if you think they are Legit? Thank you Becky Hi Becky, Binary Matrix Pro is really not recommended I reviewed it on YouTube and received many negative comments and you can also checkout this review Binary Matrix Pro Review. I recommend checking it out. Mike Hi Michael, I wrote to you earlier but I guess you are quite busy so I write here.
Any idea of this please? Thank you for the comment Kenneth, I know about this offer and they are working in connection with other scams. Here is a video I posted on this topic a few months ago. Higher Deposit for a FREE Training Warning Video! Mike Thanks Michael, much appreciated for the confirmation.
Glad I went through you first before executing. Hi Micheal, i want to try the auto quick income. They are licensed and regulated so you are definitely in good hands and the AQI sofware if really good. I listed it as one of my top 3 binary options signals in my latest video. Cheers for your hard work!
Hi JM, I appreciate your feedback. Just promotional reviews at this point but if anyone has any personal experience with them please share with us. Mike DO NOT invest your hard earned money with OPTION MINT Binary Broker in Toronto, Canada. You Will Not See it Ever Again. Their Customer Service Dept. Their customer service dept. Just to let you know since you do not recommend RBOptions.
Kenneth Hi Kenneth, thank you very much for sharing. Here is my Binary Matrix Pro Review. If you are looking for a reliable signals service checkout one of my latest videos on my Top 3 Binary Options Signals services. Mike No Mike I did not sign up with them, I follow you about a month or two and one thing I learned in this time is ASK, if you are a new bee otherwise you lose a lot of money.
I have terrible days in these days. I already had lots of debts cause I had cheated by some bastard and he stole my money away. And I tried to find a way to solve this problem. And then they asked to put more money to take the money back. They assured me to get my money back if I try again. And when I lost them again, original broker avoid my call and messages and never call again.
And another broker call me to put more money again giving me a hope again. I was stupid to trust them over and over. I thought another broker would be different. But eventually they were same.
I lost everything and left only more debts now. I want to go to jail all together. Now I lost my future and hope. I hope you can help me…at least purnish them, please.
Hi, I went through a lot of complaints sent to you. I feel so sorry for them but I can advice that you reply any one paying any company to pay by CREDIT CARD. I hope this will make their life easier when dealing with some of these scammers. Thank you so much guys for your info and I hope we can prevent others from falling victims of these people. Any further info on that Section 75? Which countries does that apply to?
USA only, or is that a world credit institutional element? Just wondering… Again, thanks, not just to you Michael yes, people do need you! I saw your site a few hours too late but it made my practical class complete in the complex learning world of binary options. Pls keep up the great work. I opened a managed binary options account with a company online.
For almost 2 months, they traded my account and I watched it grow. However, almost 3 weeks ago, I requested for a withdraw which was approved but I have not received the money on my account. My account manager blocked me on skype and I cannot even contact them on their website.
How do you advise i deal with this? Which company are we talking about? I would recommend filing a complaint with the credit card fraud department. There should be a number of the back of your credit card.
In some countries you will need to contact your bank. Mike Hello mike I m from kuwait and im new in tradingi have singed up for two broker amber option and option now. What do you think of these two brokers? Thanks Hi Hissa, Amber Option is getting a lot of negative feedback. Mike Can I trade successful 60 seconds binary options with signals, what are your recommendation on the best signals provider?
Hi Kurt, Binary Matrix Pro is a scam. I am so glad that I found you on you tube when I was doing some research on these binary options sites that I keep seeing every where. I was soooo close to parting with my money. It was only that I was on an iPad that I had technical issues when I was trying to join binary cash converter! Please do not ever use ZOOMTRADER at all, its a big scam.
As soon as you start making gains, they will restrict making trades which might give you gains, sometimes, trades which won are not even shown in the trade history, they are just cancelled. The main scumbag on Zoomtrader team is Tyson Wilson, please please avoid using this broker. I have already filed numerous complaints to various regualtory bodies, hope they take action soon on these guys. Did anyone have any comment on this brokers? The bonus probably includes a restriction that requires you to reach a high trade volume before you can withdraw your funds, but either way.
Mike Another scam broker is Setoption. Of course I lost that money in the first 2 days. They said the bonus can take up to 7 days to be credited. Two weeks and a few emails later, no replies, no bonus. Keep away from this lot. Have you heard anything about this system and the broker? Please let me know. This one is fake!
First of all thank you Mike for all that you do. Appreciate your response Michael. It is a shame that these sites are running wild, without any regulation. With people like yourself and an informative thread from your subscribers, we must do our continued due diligence. It must be some kind of a scam. Thanks for all the input on this site. Did find several reports he a scammer and people not getting response as customers and money gone!
I laid low and am glad for your reviews to assist me into returning to work and not dealing with binary scammers. Hi Thomas, this website Richard-Broker redirects you to Amberoption which is a fake binary options site, they scam many traders! Mike So I have heard about this binary matrix pro software and I was wondering is it legit could you see?
I was given about more than I asked on platinum and a considerable difference on Gold and oil. I suggest traders give credence only to currencies and stocks!!
Also I noticed some people on your site saying Bank De Binary hustled them for a lot of money and then stopped helping them when they lost all following their signals. Is there ANY trustworthy binary broker around? Their website looks great, but they do not respond to any mails once they receive money fraudulently from your account.
They will clean out your account if you do not immediately stop ALL payments with your Bank. Hi Carl, there are a companies right now and many of the newer brands turn out to be a fraud. The safest way to trade is with a fully EU regulated and licensed broker with a proven reputation. TitanTrade Review OptionTime Review Topoption Review Have you heard about safetraderapp? I received an email regarding their software. What do you think about the software? Mike I have heard that getting a BONUS can cause you t have to reach a certain limit before you can withdraw — are there any goodhonest companies that do NOT give a bonus or does it really matter.
Hi Tommy, The German Binary Robot is a fake software even though it looks very promising. Do you recommend ANY automated bot systems that actually work and produce good results? Thank you Ronnie, The ProBinaryRobot software is fully automated and delivered good results, I listed the software on the signals services page.
Mike Hi great website Mike. I almost deposited to their broker but this great website save my huge money. Thank God and bless you mike. Jonathan Hi Mic, Your website is Awesome!!!!. You saved them, thank you very much. My name is sareesh from INDIA Bangalore. Thaks and god bless you Hi Sareesh, Thank you for your find feedback! GOptions is available in India but I no longer recommend them due some negative feedback. Mike I tried using an auto-trader called Binary Chaos, and got totally hosed by it.
So the first 2 days were alright, they placed 3 trades, and won twice, increasing my balance, so I got happy with my decision. Unfortunately, they did not continue in this winning streak at all, and after one week, they had placed 7 trades in my account, and lost 5 of them.
But unfortunately, that is what they do, and i have since deactivated their auto-trader, and am trying to recoup what I can after this trip off scam set me back my food money for the next 2 weeks. Moral, with Binary Options, there is no system, except random guessing, and anyone who says they have a skill in it, is just lucky sometimes, SAVE YOU MONEY, and STAY AWAY from Binary trading!! Has anyone had any experience with these guys? Hi Michael, You are really a great man and I would like to ask you which option is safe for trading here in GCC countries Arabian gulf countriesat least 3 options please.
Thank you so much Hi Shah, thank you for the feedback! You should be able to access the EU regulated brokers. OptionTime, Topoption and Interactiveoption are great choices! I reviewed all 3 on the blog, you can find the reviews in the right-side menu.
I deposited USD and never got it back when i tried to make a withdrawal. I never reach somebody at Support. K I hope I have a Chance to get my cash back, cause it was a bank transfer Unfortunately there is no way to reverse a bank wire or file a dispute in this case.
Since they are ignoring you the only other option would be to file a lawsuit. Hi mike,is TOKYO BOT software legit? I just received email from them. Try to check in youtube but no information. Most of the online reviews are by affiliates selling the program. Any word on this program? If you are looking for a better alternative, checkout my list of recommended signals services. Mike Great site: Great comments: Great advice … Just joined Daily Binary Profits V7 via Titantrade. TitanTrade is not bad but you should definitely deactivate the DBPv7 auto trader if you plan to keep your trading account.
I am having a problem getting a withdrawal from OptionsXO, did not received a bonus still having problems. Hi I want to tell all your readers, do not go through and fall for these mentioned sites.
Secret Millionaire Method, Insured Profits looks like another scammy site and broker is options area. These are scams I fell for it funded an account and after offers not happening realised I had been scammed. I have realised I have lost this money so I am trading it away, only problem is I keep winning. Please help in crushing these deceptive websites by putting all over the internet.
I have been waiting for over 1 Month now and they only say it was sent, but they lie. Then they gave me some transfer numbers that they said was proof of the money transfer. I called my Bank Card Company and they said RBOptions credited me 1 Dollar, and then took the dollar back so their would not be a paper trail I guess….
Stay Away From This Scam Broker! I wanted it until I found out they deal only with a scam broker. Hi Adriana, Insured Profits is one of the latest scams. I posted a video on YouTube Is Insured Profits a SCAM? Hi Benson, Never seem this brand anywhere.
I would recommend going with a reputable, well-known broker instead of an unknown brand. Also Insured profits is being pushed by Norbett Secret German Banker which means he is bogus too. I must be one of the biggest suckers. I am sorry to hear about your experience. I am sure that in retrospect you understand how silly it was to buy into the Tokyobot narrative.
Be sure to deactivate the software if possible so you can still have something left to withdraw. Can you tell me if Regal Options is legit.
And what about a signal services — Hercules Profit Pro? Hi Peter, it seems like a lot of people are asking about Hercules Profit Pro right now so I am assuming they recently launched this offer. I will keep my eyes open for any feedback or forum discussions, I know they are connected with several brokers so in your case, they assigned you with Regal Options.
I you decide to try Hercules Profit Pro or if someone else has any information or an experience to share, please join the thread. We are working to upgrade the system so you will be able to deposit very soon. As I mentioned in the email, the ideal choice is to partner with a regulated broker with an established reputation such as Topoption, OptionTime, Interactioption and OptionFair.
Mike Hi michael Thank very much for your very helpfull advice. I quote for insured profits below. Thank you — I was tempted — you have re-inforced what I read also below. Hi Micheal,Thank you foryour very helpfull advice. Its almost impossible to get a withdrawal from them. WestMan, what do you expect? Ironically their target audience must be extremely stupid…such a silly choic of a name for a service.
It guarantees your deposit is backed by the bank. They are called Legal Insider Bot and claim they just launched August 12, Michael, your comments and advice is much appreciated. There is so much junk out there it is hard to tell the real deal from the scammers. Thanks so options for your help which is so much needed. The new Legal Insider Bot by Greg Marks Bot is a scam!! I already contacted WatchDog and I am contacting you and your visitors to warn you again this fake product!
Hopefully Mike will post a warning on YouTube against these scammers! Is it worth to trade? Will I see some money back? I emailed Greg Marks but so far no em reply. Even Fapturbo 2 is in on the emailing act for this one. However, if they are good otherwise, we may need to accept limitations as a necessary tradeoff. I emailed Greg Marks but so far no reply.
Here is a review that puts Greg Marks in his place!! Legal Insider Bot Warning. Ignore all the fake testimonials, in some cases they are created by paid actors. I posted a review on YouTube to try to figure this out myself.
Checkout some of the responses below the video and you can evaluate the offer based on user feedback. SEE: Binary Option Robot Review on YouTube If you are currently trading with the software, please share your feedback with us.
It is Ctoption I started a account and i enjoy them very much. Also they offer bonuses on your deposits and plenty of risk free trades. However if you except these you have to make so much money before you can make a withdraw.
I however turned these bonuses down so i could withdraw money at anytime. I however enter my bids. However if you have plenty of money in your account you can contact them and they are really good about answering because i never had a problem contacting them. You will have to find your own strategy. But anyways they are the best company in my personal opinion and i would suggest them to anybody. Hi Daniel, The structure of your message suggest that you might be promoting CToption, however I will give you the benefit of the doubt and approve your comment which would have not been to case, if the comment included a link.
Mike Hi Mike Just wondered if youve ever heard of Regal Options or automated software called Binary Trader Plus. If anyone would like to share any feedback in reference to the Binary Trader Plus or Regal Options please keep us posted! I actually just reviewed a, surprisingly, Auto Trader for Binary Options on YouTube and it works! In the video I went over some of the factors that makes this auto trader different from some of the disappointing auto traders.
Checkout my complete list of recommended binary options signals services before you make up your mind! I included both auto traders on my list of recommended signals services.
On a side note, Anyoption is a trust-worthy broker and in fact, the pioneer of binary options trading! The 3 testimonials are paid actors I already recognize, actors who were hired to promote scam services so this already reduced the credibility of this offer. He said in his reply that it was semi auto where I had to choose signals.
S outlook issues, not allowing emails from it, to send to strategy other yahoo, or gmail mailing services.
I shall keep you informed. I figure that if you have auto software trading, there is no way to know if the brokers are causing slippage, enhancing likelihood of you losing, broker winning. What does it say about a legitimate broker that offers this type of an agreement, buyer beware. THANKS Mike — you are doing an awesome job. You have saved my pocket book. Much appreciate your time and effort invested in your due diligence I cannot find anything good or bad about this.
Please share your feedback on the Millionaires Team, any feedback is always appreciated! Many thanks for your feedback, after having read your website and things to look out for, this kind of was what you were saying to look out for. As seen in the promotion video, they promise o refund possible losses after 7 days of trading. The trading result for the 7 days was ,70,which of course in youtube is a disaster. We already know that serious brokers only have some conditions regarding withdrawal of the BONUS, and that is ok.
I did not give him my card-data and did it all by myself and refused any help, neither did I opt for the bonus-option… I wonder if binary would be able to withdraw any in the future.
I was just investingating a company I wanted to trade with and ran across your page. Thank you Michael for helping me to not make another stupid decision Safe Trade App then I saw it on the list.
But when it come to the step they provided, it ends up to a page where I need to sign up with the recommend broker of binary options, brokers include traderxp, dragon option and master option. Are these a scam? Very bad choice Jason!! It is now all but gone and 3 years of saving was for nothing. How do these people get away with it? Mike hi michael,I wanted to know if fastincome app is a serious and profitable signal service and if no1options is a reliable broker.
I have an account with xp and in emails it says optionbit, so if you have lost with optionBit, that is where you may find them!! Mike This is awesome! This page has been down for over a week due to an attack, most likely by one of the scams that we exposed! I will be ready for any future attacks. I really hope this is solved. I am waiting on email reply from MillionaireI have asked them to investigate this along the lines of the signals the robot is working with of being out of sync, or timing somehow.
Hi Mike, I am so glad to have found your website. I have opened an account with Trade Rush and would like to hear your comments about them. Are they real and is it advisable to trade with them long term? Traders should be careful. I plan to try your new Auto Trader. I also really love the donation initiative, the altruistic act of raising donations instead of charging people money, is a beautiful thing and very refreshing. I am hoping that with your software combined with the AQI software I can really make it big.
Hi Mike, I sent you my results with OZ Robot on Sep wins out of 10 trades in 10 days. When the first loss happened they called me and wanted me to make manual trades with more deposit hinting already that the OZ Robot might not be what I expected.
They come up everytime with lots of B. On their website there is stated work days for withdraw. It would seem that Richard and Willem are spot on.
I got this snake oil salesman called Ben Williams — give this boy a very wide birth. He told me a load of old pony, he said he was going to give me some interest on my deposit. What he actually meant he was going to give me a BONUS which is a totally different thing. Stay AWAY from THIS SNAKE!
Cloud Pro Hosting looks like a complete scam just on first look. The good thing about WatchDog is that each review goes really viral and ends up on the first page, as Google ranks real reviews in the search engine higher than fake reviews.
The warnings are coming out shortly! Thank you for helping me avoid Insured Profits, I was almost hooked, even though my alarms went off. I am looking forward to making a contribution to Syrian Orphans, as soon as I am more educated in BOT. Hi Michael, It makes me proud to know that I am able to save people a lot of money with this blacklist, even though I am taking many attacks and threats almost on a daily basis now since my website is ranked really well in the search results.
Always make sure to not trust any promotional reviews unless you verify that no negative reviews or any type of negative feedback in the search results.
I also tell my bank who did not help me to recover my money back I am still fighting to get my money back to my bank account Thanks for being real. I am just looking into this and I appreciate your honesty and I think it is great to contribute to causes.
I hope more humanoids hear your words Hii Michael tanks for all nice site. Ca anyone tell me about its legitimacy. Mike Hi Michael, looking to start binary options for the first time.
Last week got and email from Victor Lambert from Binary Millionaire and Sarah Markel from Quick Cash System. There are good auto traders out there but most of them are fake money making scams.
AVOID AT ALL COST. Best of luck and have a great weekend! Mike Dear Mike, Thank you so much for saving me from Markets World. The sales rep seemed really pushy. He offered me his mentoring and promised to make me a millionaire.
I felt so awkward. I have dealt with three different brokerages and they all do the same. They exert pressure to increase your deposit by promising unrealistic returns. One got so nasty that I hung up on him.
I think it is something you just have to expect when you sign up. Hi,I have had dealings with option area that had been really bad.
Started out with and added on on one occasion. I said no, I can not afford to spend more dollars trading. He actually stole my money from my card. I contacted support at OptionArea as soon as possible. I requested all my funds back from options area. I did receive from them after one time and several emails. The on the one card where the was stolen from I have not received after many try.
I have proof of all transactions. Cost me witch he lost in 60 sec. Several has tried to contact me from them, and also from whowever shares their platform. Unfortunately this one is fake, here is a review exposing the Quick Cash System. He says he had to put it in my visa debit card account. I suggest, you try saying the same as I did to get your money repaid to you.
One that I can withdraw from painlessly, has good returns, and possibly an automated system. Is there such a thing here in this country? Your blog has saved me from investing in many scams and I thank you.
Also please note that I am a fresh newbie and would not mind finding a company that provides a good education plus a demo that does not use real cash to practice on. Am I asking for the world? Safey matters most, I would avoid any unregulated brands.
Just to let you know that you r a good mentor and keep up the good work. My question is do we pay TAX from binary options profits? Hi Binyam, Taxation depends on your country but in general, binary options profits are considered taxable income in most countries. One of my subscribers is currently trading with them, I will ask him to post an update. Now they wont refund my deposit! Mike MarketsWorld is not a reliable broker and they are definitely not CySEC regulated. Hi Bev, Thank you for the heads up.
OptiMarkets was one of the shadiest brokers I encountered. A few years ago I gave them a positive review when they just came out but after the horrible complaints I started to receive I quickly removed them.
I will see if there is a way to verify that Now Options is associated with Optimarkets and if they are, I will add them to my blacklist ASAP. They are definitely scamers. They called me today. So many scamers called me, that I identify them in 10 minutes. Hi Dan, Unfortunately Markets Word is a scam. They refuse withdrawals and offer a really lousy customer service. Hi, I live in Sweden and was thinking about joining BTS and the broker Boss Capital. What do you or anyone know about them??
You can add this one to your blacklist too. The person — Mike Brown has been cajoling me to buy into his BinaryApp scam. Mike Brown must be one of the email solicitors for BinaryApp or Insider John, same thing, one of the biggest scams in the industry. Thank you for the heads up. Hi Jerry, the Auto Binary Replicator is owned by the sake folks behind BinaryMatrixPro and other scams. Here is a scam alert posted on WatchDog. I will also add them on my blacklist after getting several complaints.
OneBinaryOptions is not a familiar broker and they are definitely not EU regulated. The entire offer is bogus. Poor people easily fall into their trap. It is a human tendency to look for easy money and they exactly know this, the hype they make and the dreams they show, easily attracts desperate people looking for money.
The instructional video page where you finally land up after submitting your email, sounds very convincing. I hope this saves many people from becoming their victims. I shall keep you all posted, Dallas Johnson. I deposited to start but was bullied into maxing out a credit card that id just got a loan to pay off!!! The best way to handle this situation is with a credit card dispute unless you wired them money. They will not release your funds even if you meet the required trading volume.
This is relatively new. Anybody have any info. Mike would you say that all these binary options sites that offer the automatic trades for you are all scam sites. Hi there, well not all automated bots are fake. Thanks for the Heads Up! Hello, sorry my English. I was convinced to go with pounds in BANC In BINARY, after this first deposit, the broker did the devil for me to put more money in my account BANC In BINARY, thinking they would be serious deposited a 2-time of 10, pouds, me gave the bonus without 5,000,00 I understand well how it worked BONUS system, on the first day and after some negotiations my account binary rose to 27,000,00 pounds.
The day after the second deposit I was sorry to deposit as much money out, and asked my broker the money back to my bank account and immediately they moved in last Fridayand my bank appeared in the extract my account pending return to be unlocked, friday to tuesday they returned to withdraw all of my bank account again.
I went to my bank and asked that the transaction is concelada, for I was the victim, the broker does not want to return my money, and my bank asked the fraud department to solve the problem which had taken about thirty days.
I am a poor, my 10,000,00 pounds I do on 5 years of hard work. Can anyone help me please. They are highly manipulative, no wonder you ended up depositing so much. NRGBinary is trading under the Golden goose method. Can you imagine the shock, stress and anger I went through after I found out that my credit card account had been emptied?
I went to pay for a bill only to find that I had insufficient funds. I would be wanting these clowns to pay for my overdraft as well as return my money after all this time. Have you got any suggestions on how I should be handling these guys?
My young family have really suffered because of this too and I want my money back! I am unemployed of which the broker knew. Mayfair options are by far the worst company I have ever had the displeasure of dealing with. When I say worst company, I do not mean just Binary Traders, but the worst in any industry anywhere.
Their online support is incredibly slow and appears they only have two people covering 24 hour support — TWO hours just to try to organise a payout via online support.
Any telephone number listed on their site is FAKE. These calls came in at all hours, day and night am, 4 am, etc. After about two week of constant phone calls, I decided enough was enough and attempted to withdraw my initial deposit plus remaining balance on the account. Both of which were not large amounts but money none the less. This is where the real fun began! After submitting my withdraw request and getting notification that the funds should be received in around 5 working days, I waited, and waited… Eventually logging back on only to find the request had been cancelled.
An inquiry to the customer service revealed that the withdraw function could only be used for the amount that was originally deposited. All other withdrawals had a different process — which include waiting for the first withdraw to arrive in my account before requesting the rest…?!?
OK — So I did my withdraw again and after waiting, waiting, was told I needed to verify my identity again — for the THIRD time now. This is now at around four weeks since my original request to withdraw! I provided my identify checks again, resubmitted my withdraw request and waited, and waited, and finally the original deposit arrived back in my account.
I actually tried to do a small trade at this time on an almost sure thing and found my account was actually suspended. Upon attempting to submit to customer service I was told it had to be sent via reply email. I never received any email in the first place. Definitely not me requesting a payout — why would I even waste my time trying to request this when I had this additional form to complete.
I ended up completing some trades that were quite likely to lose and got my account down to a balance of zero. Do NOT use Regal Options. In ONE DAY those bastards blew up my account. Avenger Trader posts a record of their trades which is a complete lie. However, that record is a lie because all of their trades were losses. Please stay away from Avenger Trader and Regal Options.
I suggest that you read this review on Auto Profit Replicator before you decide to take this ride. Lots of excuses for not paying people, enough indictations its a scam though. They been searching for excuses not to pay, for over 3 months now. I am the living example of being Scam AAoption is a plat form that put bonuses into your account without your permission, to top it up they tell me is the robot automatically do it.
I would strongly advice you to stay away from it. If you have any feedback, please share it with us. However I wish to pass on my experience youtube whoever reads this and I hope it may benefit someone. Beware of Banc De Binary! Shortly after signing up I received a phone call from them and I was sweet talked into investing a large some of money to make their Gold account, and was assigned a account manager Peter Anderson.
In the first round of trading I won 5 and lost 5. Once again I trusted his decision and stupidly went along with his advise. In the second round I won 2 and lost 8 which damn nearly wiped me out.
Losing thousands in a matter of a few hours. Account managers just options your money, whether you win or lose. I think ftrade, based in London, but offshore registered,could be a worthwhile Binary Brokerage to try. The same guy that shows in the picture on the site, is also on some other sites with a diferent name.
How can they say on trading site that its legal when the guy on the picture is not even a real person. My friend tried this once and lost money.
When you wanted to withdraw your profit or close your account to get your whole money backthey will find ways to deny your right. They will get angry with you. Emails, phone calls and live chats are all falling on their deaf ears. They will not expedite your request. Take note my friend. I was advised by Kimberly Jackson of Options Magnat that if I invested 15K, their company would add 20K for a total of 35K to invest.
Jackson stated the company had an outstanding track record. I was contacted by Options Magnat employee, Brian, and he told me what trade options to make. The next day I was advised that Brian was not supposed to be making trades with me and had lost all my money and the 20K they had added. I was advised Brian was going to be fired conversation was taped! I was advised by Kimberly Jackson that the owner felt real bad about what happened to me and that she had spoken to her supervisor and that if I invested another 15K, they guaranteed I would get my money back and they would add 45K for a total of 60K.
Jackson gave her personal guarantee that my money would be replaced if it was lost on tape invested as I was told by Kimberly Jackson.
The next day, I checked the account and it was down to 17K. In addition, I checked my credit cards and found they had charged 20K to my card.
I contacted Options Magnat and was told they would not return the 5K overcharge. I finally spoke with Kimberly Jackson and was told I would have to sign a form that says I authorized them to charge the additional 5K. I was advised by Kimberly Jackson that was the only way I would get my5K back. So, I signed the form and wrote on the document that the extra 5K was charged in error and was to be credited back to my account.
I was advised it had been approved on March 27 and it would take business days before the money was credited back to my account. I called after four business days and was advised it takes days for the approval which was already approved see attached and an additional business days for the money to be put back on my credit card.
I called back and spoke to another employee who said Kimberly was under investigation and was going to be fired and that I should give him 5K and he would match it with 7K and get my money back.
I called on April 10th to speak with Kimberly and they said she was busy. I asked to speak with a manager and they said one would call me back within a hour. I have called approx times. They routinely put you on hold then hang up. You have to call back and you are placed on hold automatically again. When you do reach a person, they always say someone will call you back and no one ever does. Every time I call, they ask for more money and when you decline you get the run a round.
They hang up, put you on hold for extended periods, and they blatantly lie and say the employee who lost your money has been fired or is under investigation. I called to speak with Kimberly Jackson at pm PST. I was told that she would call me back. Approximately 15 minutes later, I received a call from an Options Magnate employee telling me how bad he felt and that I should trade with him.
I called back again was placed on hold and then they hung up! Standard procedure for this company! I want to sue this company for breach of contract. I called to speak with Binary Jackson and the employee hung up on me again. There scam is EXACTLY how your website describes it!! I need a lawyer! Thank you so much Michael Freeman! I also just recently subscribed to your Facebook group. I am glad to see legitimate traders like yourself working hard for new traders like me.
I visited many binary options websites and no one seems to tell the truth like you do! Thank you for exposing all the binary options scams and keep up the great work you are doing for all of us!! Mark Jensen I really appreciate your feedback Mark!! Thank you for taking part in our new community. I already a few friends I invited to your Facebook group and I will continue and spread the word.
Many people are too greedy and binary of motivating other talents to take part in the group they work against their own traders. I wish you and all of our members nothing but a lot of success! I signed up with The Free Money System, through Boss Capital apparently they are in London England.
What can you tell me about them. Arland, I suggest that you deactivate the software and continue trading on your own. Trading with an EU regulated broker is always better so you might want to also consider switching brokers if you run into any issues with BossCapital.
Please Mike, you have to put GOPTIONS in your BLACK list to avoid more victims, they have a big SCAM schema … I have been scammed …STAY AWAY OF THEM!!! He is also no longer active on YouTube. I am not absolutely sure what happened with him. I know he was a good trader and a great mentor and he will be certainly missed. Too many crooks in this industry and he was definitely one of the good guys. Tradarea is a Cysec regulated broker who you should stay away from. They lock your account and tell you that you have a zero balance if you win there.
I was interested in trying a robot as I do not have time to learn or to trade. I was forced to accept Amber Options as the broker! To everyone — KEEP AWAY!! Extract below of their guarantee — Good evening, As I promised below you can find everything about the webinars. When webinars will be done I will call you back, inform you about the size of your account and then we will link your account with the Advanced Software and focus on normal trading. I requested after only three days of starting this last webinar to ask to stop trading as virtually every trade was a failure.
My instructions were ignored and money was regularly taken from my account to invest in new trades only be be just successful enough to reinvest again and again! Never did I see the balance rise as as soon as money was in the account it was taken out again! I changed my password to my account and continually repeated the demand to STOP trading but was totally ignored!
Now — looking at my portfolio I see that trades have been added to it to make it look better than it was the trades were out of sequence with the time they were supposed to have been made! Luckily, I took photo copies of the trades before and after this happened! Even now — after they have virtually emptied my account they are still making trades!
This is blatant fraud but what can I do? I am retired and can ill afford what has happened. This is how I believe Don Michael from Option FM makes a lot of money out of the everyday person like me. I started with Option FM in November To lure me in, Don offered Alibaba long term trades and said that these were secured.
Over the first 2 months we made money on these trades. During that time, Don and I established a good relationship. Then Don started to put me under a lot of pressure to deposit more and more money.
Don kept saying that he wanted me to reach the Tier 1 group because this group had people working full time at selecting winning trades for this special elite group. Don said that should the account become smaller through losing trades, I would still remain as part of the tier 1 group for the year and have access to his team of analysts.
Don also preached that he always traded long term trades, that these are less risky than the short term binary trades. To get more funds from me, Don had his team doing some research and we did a training session during which we made a lot of money.
This re-enforced my belief that he was the real deal as we were doing really well in growing this account. So while being pressured, depositing more money into the account appeared to be the way to go. While this was happening, Don continued to pressure me to deposit even more money. He advised me to sell my shares from my other trading accounts even though they had to be sold at loss.
At the end of the day being so close to retirement, I was looking for a way to generate cash flow. I mentioned this to Don and he said that he had set a plan to do just that.
Don is extremely talented at getting more and more money from you. Don also suggested that I could borrow more money from friends, even from money lenders. He showed me and made me truly believe that his research and analysts team could identify winning trades and make you a lot of money on the Option FM platform.
This was also another way of showing that whenever I wanted money back, there would not be a problem. I started to really trust this guy Don and created a very good relationship.
My own deposit also grew because I was depositing more money from my other share accounts, from my saving account, from money borrowed, etc. The overall account was also growing because we had won some trades. All along, Don kept telling me that he had a plan but he never said what the plan was, even when I asked him many times to explain. I also asked several times for Don to issue me the Bonus condition document from Option FM, but Don never did.
Don never explained how the bonuses work. I strategy highlighted this need at least a month before I needed this amount. When reminding Don about the money I required to be transferred back into my Australian account, I am told that I cannot get my money at the date I wanted because we needed it in the account to be part of a tier1 group. Request upon request the date for my request kept being delayed. On the 19th January we started trading and in one session my account goes from 1,100k to 800k.
I understand that one cannot win all the time and that this session was a losing one. In trading it happens. I still trusted Don but was getting very concerned. As far as I was concerned we had made some money before using the Tier 1 recommendations. We were trading late that night, I was working the next day, the account was decreasing and I needed to go to bed.
Don insisted that we had to do more trades. I have never place any trades on Option FM by myself, they were all based on Don direction. I had seen the account going down and up before and ended up making a some money, so I kept placing the trades Don requested me to do.
At the end of the trading session, we reduced the account to 9K. When requested what he meant by that, he did not explain what that meant. I then knew I had been done and had also lost all my deposited funds. I realize now that this account has probably never been real. The last 2 sessions felt like a rampage, trading short term 10 trades at a time with some being 1 minute to 20 minutes of expiry contrary to what he had said, that he only trades long term trades as these were less risky.
It felt like Don did not really care that the account was trading. I believe that Don Michael from Option FM is a scam. I am hoping that other people read this and do not get into the same disaster. I would like to know how I could get him and his company Option FM to justice. I have emails and transcripts from my conversation with Don Michael via Skype to support my claim. H Cynthia, Thank you!
Unfortunately Profit with Cindy is a scam, her real name is Katie Harvey and she lives in Dublin, UK. I also included a link to her personal Facebook page in the comments below the video.
Would Don Michaels be the same guy that rang me maybe more than 8 months ago, gave me gold, and it lost? The problem is that you will find conflicting reviews. They did become regulated not long ago and it seems like some traders are happy with them. If anyone has evidence to support that Banc De Binary is a scam, please email it to me. I know you would 1st need to check them out, but they will be great….
All I can give is a lot of documentation as proof they are fraudulent. Oh, and not regulated. May I send documentation to email? Avoid GTI Markets everyone! Thank you Mike, at least I know that everybody who reads your blogs and blacklisted brokers will be safe from GTI Markets clutches now. First there is this bonus trap. If you or them lose money if you they blame you for losing comissions and try to make you feel bad for them. Hi Anhjan, Interactiveoption is EU regulated and they are perfectly fine, I admit they have a terrible verification process and they are pushy with deposits.
I told the person who emailed me that I can care less about him or YESoption, but either youtube I decided to remove them. If YESoption can present be with contradicting info I might avoid blacklisting them but I will not be promoting them anymore. My focus is on my top 5 brokers and by the way, Interactiveoptions even though they are EU regulated are not on this list.
I want to alert your readers about one of the worst, lowest, most unscrupulous late- comer scammers by the name of FX Profit Boom.
It makes grossly exaggerated claims regarding the easiness to learn and use it, the huge profit it will rake within minutes after purchasing its package, which even someone with no computer or technical knowledge whatsoever can master.
The worst part is that there is no chatting platform, telephone number anywhere to be found on their website, except an email address. So warn your readers to keep a clear berth from this predictor. Once you have paid the first subscription cost, he would use those cheap second-hand car salesman tricks to pressure you into buying more expensive packages. I can assure you that whatever money you pay him, YOU WILL NEVER GET A RED Trading BACK!
FX Profit Boom reminds me of the BinaryBoom scam. Friday, JMB Profit Machine is a SCAM! I will add it to the blacklist. Be warned about FX Profit Boom. It is extremely hard to learn and use, especially for newbies, contrary to their claim that anyone, including beginners with no trading experience, can use it. So take my warning and stay away from this mob. May fair options is a scam. Most of you might assume this is a hoax and we just had a minor bad experience with Mayfair options but they have a particular method of fraudulent activities.
The procedure goes like this…you will receive a call from Mayfair options if you had enquired. Now do expect a call from a guy with the most charming voice and who is a well-trained sales associate.
He will manage to talk you into depositing USD and we frustrated with our 9 to 6 jobs would like to make a little extra money would not hesitate to go ahead with it. After all the promises and good hope the moment the amount has been transferred you will never hear from them again. Their websites are shut down, no response to telephone calls and this goes on for a month or so. The account gets blocked somehow and then the bank calls stating that we have been trading actively and with PROOF of all transactions.
This is for those who would like to take a break and make an extra buck well I guess we should just stick to doing it the strategy way. Stay away from AutoProfitReplication and OptionFM. Once I deposited I was caught by a broker not sure if he is the one promised me that he will help with training and give bonus and make me a lot of money. He convinced me to take money from Credit Card He made me lost in 2 days.
He was real scammer, no training, only control, persuading to deposit more and more. Hi Phoenix, I am not really familiar with this company. If anyone has any feedback let me know. Based on Alexa it seems like a fairly new website. Mike Last week I started looking into Binary Options. I have since been bombarded by three companies: Rock The Stock, The Aussie Method and HFT Shield. I know HFT Shield was just formed last month. But do you anything on any of them?
However, in actual fact it does nothing more than deducting a fixed amount from your account on a daily basis, without any trading records whatsoever. Let me say I followed their instructions last count I think 15 trades, they gave me about 14 losers. They promise that trades are insured and that they do this because their system is so successful that they loose so youtube trades, that it gives traders confidence.
They insure trades but then want to after the fact, say they do not insure all trades. I started my trading with Adam Devine, this is where almost all loosing trades suggestions originated. He then passed me to Jack Woods to supposedly recover the file he proceeded to give me one winner and one looser, net position backwards again.
Joseph then gives me the pitch about investing more money, so they can recover the position yet again!! How much more would you invest with losers with a track history like this, seriously?? I sent them an email asking for clarification a week ago, asking if this was nothing but a scam? This I got no reply to, I phoned today as a follow up to speak to Joseph to seek clarification left a message and Adam phoned back I could hear Joseph in the background saying he was too busy to speak to me.
Clearly they have already moved on to the next sucker!! One of my friends has just been robbed by these scoundrels, and I stopped another friend and myself from falling into the same trap set by these mob of fraudulent thieves, after reading your posting here.
So readers beware, stay well away from UK Options; whatever deposits you make with them, I can guarantee that you will NEVER get a cent back. I made a withdrawel of GBP500 from my account with FTrade. I got our Banking Ombudsman involved and they found proof that FTrade made the deposit in ZAR not GBP.
Although they claim to have offices in London and Antigua they are not regulated in either country so bye-bye GBP FTrade has a whole lot of front men that promise to sort out the problem-nothing ever gets done. I can only conclude that this is their modus operandi for stealing money deposited with them Hi Michael, I read some very informative comments on how the scam broker UK Options operates, but unfortunately those useful comments, which can save many of your readers from being scammed, were taken off in a hurry.
Can you tell me why? I can get flagged for duplicate content by Google and I have a feeling that you posted the same exact words all over the Internet. Of course I do work with some brokers, but I only work directly with brokers I trust, such as Topoption and Anyoption, brokers with EU regulations and a good reputation. Most brokers in this industry are gambling scams and I never denied it, on the contrary, I spend a lot of time warning traders of potential risks.
Just look at my top 5 brokers on the side if you are interested to know which brokers I support. Hi Michael, thank you for blacklisting UK Options. You have just saved a lot of money for a lot of would-be victims.
I sent an email to the email address provided by you above, requiring confidentiality guarantee before providing you with my Skype exchanges with the leader of the pack, but have not heard from you in response as yet. I gave this individual an opportunity but it can also be competition, you never know. If anyone has real feedback on UKoptions, email it to me and show me evidence before you ask me to blacklist a broker. Head account manager Barry Alanis could not pick a winner in a one horse race.
Uses underhanded tactics, and LIES to get you to inject funds into your account. My advice steer clear. I applied to its ProfitReplicator also a scam, you will lose money with moneybut I ended up being caught by a representative to who lied and I lost USD with him.
He promised the huge profit. I experienced with Dave Serrano Account Manager. He asked me to press Double Up 9 times without explaining what it was and he left during the session.
Please stay away from Option FM. I am waiting for the result from the bank if I won the Depute Letter process to get money back. Finger crossed for me. I wish everyone read this before they choose binary option. There are a lot of withdrawals so they are very very busy is the same answer over and over again. Stay away from this broker, I had some other issues with them before. Hi, Thank you for a wonderful job you are doing to help others and would have really helped if i found you before i lost money.
Hi Renjith, I blacklisted the software right when it came out in order to point people to the review on Watchdog for the purpose of getting some feedback. Ever since the software came out, many members have testified and sent over performance results indicating that Gold Digger is working, especially for the commodity signals. They also have a fully automated trading feature that is available for most member. I apologize for the confusion. Hi Carl, I received two complaints in the last 3 months.
I am not sure what to options of it. Did you test it out? Great list, thanks for sharing all blacklisted companies, I wonder how is possible that some brokers are regulated by official regulators and they are still scamming and there is no trader protection. I have discovered that Porter Finance is manipulating the data on their platform. I was trading the DOW index while watching one of the financial channels on TV. I noticed that the market quote on TV was 50 to 70 points difference on the TV banner.
I called my broker about this he told me not to trust the chart or the data on the platform. I checked with another binary broker and he confirmed that if Porter Finances provides a data feed it should be in sync. Take my advice and take your business somewhere else. If you trade on this sites platform you are wasting you time. Also the broker they deal with: RB Options? I have my doubts! I found a broker called british options and I dont have any of these problems. I have seen a few bad comments however a lot of these reviews companies are paid by the brokers to remove comments hence very difficult to find the comments again so i suggest you screenshot them.
Did you make the deposit with a credit card? I know how to get it done. The AAOption senior broker convinced me to hold off on withdraw of funds until he could show me what he could do for me. After 2 weeks, she told that the money was lost. When I questioned her how it was lost in an insured trade, she simply said it is rare but it happens sometimes. All the time she assured me that there is no chance of losing money in insured trade and then suddenly said it is lost.
Clearly she CHEATED ME! I have all the emails exchanged with her as proof of her assurances. Can someone please advise? I would like a reply to my Email. Thanks Fellow traders Mr Arseney Volkov is scam artist. He is truly a binary and people should be aware of his scamming tricks. A friend has been scammed thousands of dollars by him using LTMC linkmytradecalculator and Spot On Signals, fictitious companies, he claimed were based in US and UK respectively.
Mr Volkov told my friend he has deposited money on his behalf for Spot On Signals to trade for him for 2 weeks after which he will receive a check from Spot On Signals. Mr Arseney Volkov will create the impression that he wants you to achieve financial freedom to scam you. All his so called students who are writing good reviews about him are all scammers.
He Matthew Davis of titan trade took the lot. AFTER ASKING THEM SEVERAL TIMES THAT I DID NOT WANT TO PROCEED AND COULD I WITHDRAW MY MONEY, I HAVE NOT HEARD FROM THEM SINCE. I HAVE NOW INVESTED WITH 24 OPTION — NICHOLAS TYMVIOS WHO IS EXCEPTIONAL. I AM ALSO IN PROFIT!!!! PAULA I am just wondering why you claim interactive option is a scam broker, as it is a fully EU regulated option broker with the CYSEC, MIFID compliant, Please clarify Mike, I have a question I hopr you could answer.
Before I sign with them, are they regulated and if so, who are they regulated with or under, as my situation is different than others,as I am an American citizen living in Germany legally for 13 years. I heard about IQ Options. We test each product thoroughly and give high marks to only the very best. We are independently owned and the opinions expressed here are our own Please take notice that any unregulated trading activity by U.
Citizens is considered unlawful.