Hi Tolly. Keep fighting. I know of other OptionFM and Banc de Binary victims (they are one and the same) who have got chargeback success. One at least is an Aussie. The evidence for both companies defrauding their clients on a systematic basis is overwhelming, and I know of a court order for...
You are lucky to escape Banc de Binary and its affiliates like OptionFM, Iamsmall. Most of the victims of the binary options "industry" lost pretty well all of their money, and a recent well publicised suicide by a Canadian investor attests to the damage done to the lives at the other end of...
Good work. Many of us are trying to identify the real names of our binary options persecutors, so that we can persecute/ prosecute them in court. Any chance of getting some names from Option.FM? I would assume the list would have an awful lot of common names.
Hi Tolly
OptionFM have claimed for some time that they operate from a Hong Kong premises, in Central Towers, but they never did. An alert put out by the Hong Kong Securities and Futures Commission warned of this fact quite some time ago.
I contacted the manager of the building in Hong Kong...
Hi Brian
Unfortunately, your account of trading with OptionFM could be replicated by many others, just by changing the names of the guilty parties at OptionFM. I suspect that those names aren't real anyway, and they just pick them out of a barrel and change identity when things go sour. Try to...
Hi LauraL
OptionFM have recently dropped their web site's reference to being licensed by the IFSC, although it was a feature that you couldn't miss on every page of their updated web site when they launched it in March this year, even though their license renewal was in some doubt at the time...
OptionFM has an oft-repeated pattern of getting one manager to lose your money and then passing you to a new "recovery manager" who asks to to put that behind you and place some more money on the table so that he can recover your position. The recovery manager I spoke with even admitted to...
Hi David
It looks clear that OptionFM rejected your account of their misdemeanour. If you have presented a dispute / claim to them without an adequate response, I suggest you contact their licensor and ask for their support or intervention in your case. The International Financial Services...
Hi David
YOU ARE NOT ALONE. I have noted a number of other OptionFM victims, with surprisingly similar stories of entrapment and loss, often followed by the intervention of a "recovery manager". While most of these are via Internet blogs that I cannot personally vouch for, (Googling "OptionFM...
Hi David
I can affirm OptionFM is dangerous and dishonest. I have phone records of repeated assurances by a senior account manager of "no risk" trading outcomes while he was soliciting money, followed by a trading session in which he directed every trade, that lost hundreds of thousands of...
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