My Case is: I opened account at Banc de Binary August 2014. I did not want to invest a lot but I was stupid enough to listen to Chris Johnson and his false promises. Finally a whopping 191k was there but I did not worry because I thought my money is safe there and I can withdraw when I want. In the bank like they said.
Almost all my trades were signals given by Chris Johnson. He pushed me many times to make bigger trades than I wanted (even 10k) and lied about trades coming from their best man Alexis Williams. He did this because he knew I would make his trades only 1k which is minimum by VIP accounts. He knew I make bigger trades if they are from Williams.
The accuracy of trades in very long run is far below 50% which IMO is impossible unless done on purpose. He also pushed me to take loan from the bank and even from my brother. I did not do that.
I was also offered so called recovery program. Of course I should invest first but luckily I did not have any more and I had realised that everything they say is a lie. They are robbing even their big clients empty and have no limits how low they can go.
I have made a complaint to Cysec but have heard nothing from there. I also made complaint to Financial Ombudsman of Cyprus last month but it takes at least 6 months before they look at it. According to their web site they have a license in Finland and they should be working under rules of Financial Ombudsman of Finland too.
How can they have a license?
Btw I have heard from reliable sources that regulated brokers are NOT allowed to give signals to their clients. However they are doing this all the time
Is there anything I can do with this? I appreciate any help
Almost all my trades were signals given by Chris Johnson. He pushed me many times to make bigger trades than I wanted (even 10k) and lied about trades coming from their best man Alexis Williams. He did this because he knew I would make his trades only 1k which is minimum by VIP accounts. He knew I make bigger trades if they are from Williams.
The accuracy of trades in very long run is far below 50% which IMO is impossible unless done on purpose. He also pushed me to take loan from the bank and even from my brother. I did not do that.
I was also offered so called recovery program. Of course I should invest first but luckily I did not have any more and I had realised that everything they say is a lie. They are robbing even their big clients empty and have no limits how low they can go.
I have made a complaint to Cysec but have heard nothing from there. I also made complaint to Financial Ombudsman of Cyprus last month but it takes at least 6 months before they look at it. According to their web site they have a license in Finland and they should be working under rules of Financial Ombudsman of Finland too.
How can they have a license?
Btw I have heard from reliable sources that regulated brokers are NOT allowed to give signals to their clients. However they are doing this all the time
Is there anything I can do with this? I appreciate any help