Original FPA Traders Court Submission:
I am submitting the case against: www.tradehits.com/
My Case is: I invested £1500 in tradehits.com took a 100% bonus. After a month of trading I did volume of 30X bonus and reach £9700. When I placed first withdrawal after a week my account was blocked and they send me an email:
In this email we are officially informing you that after analyzing your trading history log we have reason to suspect you have been using manipulative trading strategies that are clearly against our trader’s policy.
As a result we will be refunding your full initial investment while closing your account as well as continue the investigation until further notice
Todd
Legal & Risk Department Team
TradeHits
Now they don't respond to emails, my account manager said that he can't talk with me.
Can anyone explain to me what "manipuative strategies means"? Does it mean if someone is very successful he must do something illegal? He can't be successful?
Where is it written what kind of strategies I can use?
How can I use manipulative strategies in binary options? It's either the platform accepts the trade or not, isn't it?
New thread in the Scam Alerts Folder:
Review is submitted by Tom Nalichowski on 03/14/14
The company was first contacted about the issue on 02/28/14 the last contact was on 03/03/14
Details: No reply
Company representatives' emails: <todd@tradehits.com>
<danny@tradehits.com>
I am submitting the case against: www.tradehits.com/
My Case is: I invested £1500 in tradehits.com took a 100% bonus. After a month of trading I did volume of 30X bonus and reach £9700. When I placed first withdrawal after a week my account was blocked and they send me an email:
In this email we are officially informing you that after analyzing your trading history log we have reason to suspect you have been using manipulative trading strategies that are clearly against our trader’s policy.
As a result we will be refunding your full initial investment while closing your account as well as continue the investigation until further notice
Todd
Legal & Risk Department Team
TradeHits
Now they don't respond to emails, my account manager said that he can't talk with me.
Can anyone explain to me what "manipuative strategies means"? Does it mean if someone is very successful he must do something illegal? He can't be successful?
Where is it written what kind of strategies I can use?
How can I use manipulative strategies in binary options? It's either the platform accepts the trade or not, isn't it?
New thread in the Scam Alerts Folder:
Review is submitted by Tom Nalichowski on 03/14/14
The company was first contacted about the issue on 02/28/14 the last contact was on 03/03/14
Details: No reply
Company representatives' emails: <todd@tradehits.com>
<danny@tradehits.com>