GenevaOption.com Review
1 •
1 REVIEWS
Out of business
Updated: Sep 29, 2022
•
February 2017: There is an FPA Traders Court guilty vote against this company. The FPA recommends a high level of caution dealing with Geneva Option until this issue is resolved.
2016-12-20 The Swiss Financial Regulator FINMA has issued a warning that Geneva Option is not authorized or supervised by FINMA. CLICK HERE to verify.
Website is down. Company seems to be out of business.
Out of business
1 •
1 REVIEWS
Recent User Reviews of GenevaOption.com
taoem
Perth, Australia,
Jan 13, 2017,
Registered user
An Absolute Nightmare
Issue escalated to Traders Court taoem vs genevaoption.com | GUILTY
I have started a thread about Geneva Option in the Scam Alerts section, if you would like more information:
http://www.forexpeacearmy.com/community/threads/possible-scam-platform-geneva-option.48231/
In September 2016, Geneva Option applied a 'credit' (bonus) to my account of $20,000 USD without my consent. They are demanding that I "cover" this unauthorised credit, and I believe that demanding money before processing a withdrawal is a hallmark of fraud. The $20,000 USD credit was made to block me from being able to withdraw my funds, with further attempts made at adding unauthorised credit in December 2016.
I have since become aware that they have done this to many other people. I chose not to send them anymore money, and on 09.01.2017, I sent them an email asking them to return my balance, less the credit that they applied without my permission.
On the very same day, Geneva Option locked me out of my account (ref. Document 23), with absolutely no explanation whatsoever. I made further attempts to contact them, but all have been met with absolutely no response whatsoever.
I believe that Geneva Option's response of locking my account without explanation, refusal to send me my money and ignoring all attempts on my part to reopen communication with them is simply another indication of their guilt and fraudulent activities.
In conclusion, Geneva Option will take your money, fraudulently lock your funds in with them and refuse withdrawal requests. They also wipe out your balance with unauthorised trades.
They are not regulated, and demand that money is sent by wire transfer so that credit card chargebacks are not an option for recovering your funds.
Stay away from Geneva Option at all costs.
NOTE: Under the FPA's advice, I have asked Geneva Option to return my money without the credit. If they do so, I will amend what is written here. Otherwise, everything written in this review stands.
Dec 3, 2016 - No Rating I am currently dealing with a platform called Geneva Option:
http://www.genevaoption.com/
I have a lot of money invested with them, and am trying to withdraw my balance.
The short story is that they applied a 20k USD credit to the balance without my authorisation, and are demanding that I cover the full amount before I am allowed to withdraw, or they will decommission my account. I have covered 14k USD, but my recent interactions with them are raising red flags.
I am not comfortable sending them anymore money without being 100% sure they are not a scam site, and am unsure what to do regarding this.
Any advice/assistance anyone can provide would be GREATLY appreciated.
http://www.forexpeacearmy.com/community/threads/possible-scam-platform-geneva-option.48231/
In September 2016, Geneva Option applied a 'credit' (bonus) to my account of $20,000 USD without my consent. They are demanding that I "cover" this unauthorised credit, and I believe that demanding money before processing a withdrawal is a hallmark of fraud. The $20,000 USD credit was made to block me from being able to withdraw my funds, with further attempts made at adding unauthorised credit in December 2016.
I have since become aware that they have done this to many other people. I chose not to send them anymore money, and on 09.01.2017, I sent them an email asking them to return my balance, less the credit that they applied without my permission.
On the very same day, Geneva Option locked me out of my account (ref. Document 23), with absolutely no explanation whatsoever. I made further attempts to contact them, but all have been met with absolutely no response whatsoever.
I believe that Geneva Option's response of locking my account without explanation, refusal to send me my money and ignoring all attempts on my part to reopen communication with them is simply another indication of their guilt and fraudulent activities.
In conclusion, Geneva Option will take your money, fraudulently lock your funds in with them and refuse withdrawal requests. They also wipe out your balance with unauthorised trades.
They are not regulated, and demand that money is sent by wire transfer so that credit card chargebacks are not an option for recovering your funds.
Stay away from Geneva Option at all costs.
NOTE: Under the FPA's advice, I have asked Geneva Option to return my money without the credit. If they do so, I will amend what is written here. Otherwise, everything written in this review stands.
Dec 3, 2016 - No Rating I am currently dealing with a platform called Geneva Option:
http://www.genevaoption.com/
I have a lot of money invested with them, and am trying to withdraw my balance.
The short story is that they applied a 20k USD credit to the balance without my authorisation, and are demanding that I cover the full amount before I am allowed to withdraw, or they will decommission my account. I have covered 14k USD, but my recent interactions with them are raising red flags.
I am not comfortable sending them anymore money without being 100% sure they are not a scam site, and am unsure what to do regarding this.
Any advice/assistance anyone can provide would be GREATLY appreciated.