mbreitfelder
1st Lieutenant
- Messages
- 623
I have been with Starling Capital for a while, and invested a sum total of $100,000. There are so many issues with this firm, I could write a book on it. I am literally infuriated with myself for being suckered into this mess,however, luckily, being a US Citizen, even though they think they are getting away with this, it actually is far worse for them than one might expect. I met with the SEC the other day and my personal lawyer who was a Sr. Investigator for the SEC for 20+ years. What you may not know, is that because the trades/positions are actually placed FROM THE USA, they are bound by US laws, whether they like it or not, and can be arrested and brought back to the USA for both civil and criminal court cases. Actually, the amount that was stolen from me is in the millions and potentially tens of millions, and not just by Starling, by just about every single binary options firm I have been with, even ones that state they are regulated like Finpari and Binary Mate. I will say that this software algorithm that is runs to force losing trades is a tricky one to bust, but with my background in Physics and DSP Software Engineering, it was not very difficult at all to determine, record, and take screenshots providing plenty of evidence. In a nutshell, what these firms are doing, and pay very VERY close attention to this, is they will out of nowhere create heavily shifted entry rates for your positions. In other words, say you have are making a "put" (going down) on an asset and the entry rate for that position when you hit the put button is 1.21341. It will actually display 1.21341 for a couple of seconds, then the malicious algo kicks in with the blink of an eye the entry rate changes to 1.01341 a change of one digit, or maybe 1.20341, whatever it is it its the position so low, it is impossible to win, and same for a call just higher than what the entry rate should have been. I lost millions of dollars in trade volume that would have won, but those positions lost as a result of this algorithm, The second way these firms will force losing positions is through an algorithm that actually manipulates the market, so if you have a position, the market will seem like its doing its usual thing, than right toward the end, it will snap up and kill your position, and immediately snap back down...You can tell when this algorithm is running as it will typically hug your position lien and tick up and down off the line, sometimes it will act like its drifting away, then bounce off of your position line, other times it will stay just above it or just below it and flatline until the position closes, then it all of a sudden drops or goes up. I literally have hundreds of recordings, per broker, each of which had some algorithm to force my positions to lose. So, next time you take any position, make sure you watch it for at least 10 to 30 seconds to make sure it did not change to an entry rate that is sure to cause you to lose, than in addition to watching the market, and then comparing that data to Bloomberg or investing.com. I am going to upload a couple of videos here and if you ever experience anything like this, dont even tell your broker, just disappear on them for a bit, and line up a legal team to crush these bastards into dust. I am really in shock as I actually became friendly with my account manager, and really liked Mariana with Compliance. I truly believe neither Adam Louis or Mariana Davis had anything to do with this, although Adam did disappear and would not return my calls, and the only thing he did was offer for me to deposit more money as if I was born yesterday. Mariana on the other hand is a real genuine person and to be frank if not for her I would of never put money into Starling as she always emails you back and she is in charge of Compliance at Starling. The executive team at Starling and the IT team are where the problems happen. The executive team apparently thinks ripping people off for millions of dollars, just because they are in the Marshall Islands, makes them invisible to the law. They will soon learn their lesson that is not the case. All these idiots had to do was be honorable, reimburse me for the positions which forced me to lose millions of dollars, and I was asking for a fraction of that amount only $400K, and send me my guaranteed 85% per month ($85K per month) which i was supposed to receive for December and January and have not received one single dime, even when the money was in my account, and I told them I needed that money before Christmas. Starling Capital made me cancel my holiday trip with my children because they failed to send me the money they promised to send me two weeks before hand. All I can say is if you invest money in Starling, be prepared to lose everything, and then have them ignore you, with the exception of Mariana, who is about the only person who works their with any sense of decency, morals and ethics. I urge anyone who has been screwed by any of these firms to 1) hire a good lawyer and/or two go to www.winchargeback.com and they will help recover your deposits, but whatever you won in terms of profits, that will require a good lawyer. So, I have both...I am also attaching a letter I wrote to Starling and sent to Mariana and Adam to forward to their upper management. Again, I hold no hard feelings toward Mariana or Adam, and it is unfortunate, after giving them well over a month to fix the issue, their upper management has chosen to completely ignore me, and my very generous proposals to avoid litigation. Now, I have zero mercy for the firm and will do everything in my power to crush them into dust - last time they will ever screw anyone over and they messed with the wrong dude...not kidding! So, please email to me rptllc@yahoo.com if you would like to form a class action lawsuit, which will be separate from my personal lawsuit(s) and business lawsuit against them as them not sending my money cause me to lose out on a $2M contract, and I clearly stated this to them on several occasions, and they ignored me, with the exception of Mariana. The rest of the group is a bunch of stupid idiots who have gotten away with this bull crap for far too long. I will also be submitting a press release on the world wire, putting an article in the Wall Street Journal and I have a friend that is a newscaster for NBC and will try and get this on nationwide news and list every firm that screwed me over, and maybe that will snap them in their asses and put their fake balls in a vice. The bottom line - anyone who would do something like this to innocent people are gutless, no balls, pieces of S&*T...and I will not stop until these BO Scam firms are all suffering and rotting behind bars, or better stated these BS Scam firms! PLEASE NOTE BEFORE YOU MOVE FORWARD WITH ANY FIRM WHETHER FOREX OF BO - READ THIS - http://blog.advancedmarketsfx.com/4-ways-to-verify-that-you-are-working-with-a-pop AND make sure you ask them many questions and DO NOT MAKE A DEPOSIT IF THEY SOUND LIKE A STUPID USED CAR SALESMAN TRYING TO GET YOU TO DEPOSIT MORE MONEY! Thus far, the only broker who I saw out there that was given a bad name, who actually has (or had) some form of decency and integrity was a firm called Allgotrade. My broker, Josh Volk, is currently in the hospital, and since that time the website and platform have been taken down. Hopefully they re-launch with a new platform, as I suspect any of the Leverate platforms will cause you many problems, and I believe this is the reason they took theirs down and are creating a new platform. When it is up and running I will post here again and let you know where to go and who to speak with at Allgotrade. Some of these firms who have negative reports are actually ok firms, and the only one I have found to be that way is Allgotrade, lets hope they stay that way!
They have the audacity to go from a three digit to a FIVE digit price?? This disgusts me and does not surprise me with GMM.
