I've opened an account with 24options with $400 initially, then I received a call from an account manager who stalked me to deposit more money and convinced me that GBPUSD will move 2400 pips down and if I open 100lots with $100000 I can make more than million in very short time. I've informed him that I'm totally new, he said don't worry he has several years of experience in forex and will help/guide me step-by-step to increase my account. He advise me to open 50 lots with $50000 in account and pressurized me every day by calling 4-5 times to deposit more to open more trades as he mentioned repeatedly that Its shame for me to miss this one time opportunity (GBPUSD movement) and I have the smallest investment for the event of brexit Artical 50 release. When I deposited another $50K, he asked me to close all current trades and open 100 lots with 200% leverage. When there were margin calls, he advised me not to close the trade and made me lose my money and I'm in deep depression with credit card overused. As he was aware that I'm new to this, he took advantage of my lack of knowledge and advise me to risk all my money in one trade. From day one he was setting me up to loose money.
Now they are asking me to either borrow $40,000 or sell my house to recover lost money.
Now they are asking me to either borrow $40,000 or sell my house to recover lost money.