GUILTY Case# 2014-064 | tomjersey vs tradehits.com/

[tomjersey]

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:

• https://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/33262-tradehits-doesn-t-pay-out-profit.html
  

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>

 

[AsstModerator]

I've issued a formal invitation to TradeHits to join the discussion.

 

[tomjersey]

Thanks. I probably send them invitation but they don't reply. Also my account manager removed me from his skype list

 

[Alonedevils]

Thanks. I probably send them invitation but they don't reply. Also my account manager removed me from his skype list

Are They Explained About Your Manipulation Activity ?

And One Again, You Should Not Trading With Binary Option, Because So Many Complaint Case About Binary Out There ,,

 

[Master Yoda]

honestly any broker who offers 100% bonus is fishy

 

[Monjed Alqenaei]

I will vote Guilty when time comes!!

 

[tomjersey]

Are They Explained About Your Manipulation Activity ?

And One Again, You Should Not Trading With Binary Option, Because So Many Complaint Case About Binary Out There ,,

They haven't. They doesn't respond to me

 

[Pharaoh]

I vote GUILTY!

 

[F***X]

A "Manipulative strategy" is when you place a trade with this broker, and then sneak out the back door and create a national or global event that would wiggle the markets until it reaches your TP (take profit). Then. repeat until desired account balance has been achieved.

I smell a stinky, rotten, guilty broker here.

 

[tomjersey]

A "Manipulative strategy" is when you place a trade with this broker, and then sneak out the back door and create a national or global event that would wiggle the markets until it reaches your TP (take profit). Then. repeat until desired account balance has been achieved.

I smell a stinky, rotten, guilty broker here.

I'm too small fish to be able to create a global event which would wiggle the market