Binary option scam--traderxp.com

I’m a client of Traderxp.com. One of the reasons why I registered on this forum is because I want to alert people who is currently trading with Traderxp.com, or is interested in trading with them in the future.
Since Oct.10/2012, I registered my first binary option account with traderxp.com and starts trading with Traderxp.com (http://www.traderxp.com)? I began with a mandatory 500USD, depositing in to my account with Traderxp.com. And for almost 2 month, I was lucky that I had made some profit.
On December 6, 2012 I requested a withdrawal of partially the money in my account, but problems starts coming. At first they said in order to do a withdrawal they need 5-10 business day and required my bank account. Then after I sent to them all my documents and information, I waited over 10days, during this period I sent email to Mr. Paul every day because I found out they closed my account on Dec 12, 2012- I could not logon to my account anymore and I still had some position opening at that time. Mr. Paul explained that their risk department inspects my account, but on Dec.20, 2012, Mr. Paul replied my email said:
” Hi Mr. ,
Sorry for delay. I just got the answer this morning. I can see your account has been closed and your initial 500 USD deposit refunded back to your credit card and rest of the balance forfeited. As I told you before risk department informed me you we’re abusing the system during trading and traded against site terms & conditions. I believe we’re not the first binary company you’re dealing with and you know exactly what I’m talking about.
Regarding complaints on the net, I can find plenty of them about any other financial institute or even biggest corporations like Apple etc., so it doesn’t impress me at all.
Thank you!
Good luck in the future trading!”
Are you kidding me---what is “abusing the system during trading and traded against site terms & conditions”? If someone won some profit, that is against your terms? In addition, traderxp is my first binary option broker, I have never traded binary option before. I don’t know why they said “ I believe we’re not the first binary company you’re dealing with and you know exactly what I’m talking about.” Traderxp.com is a scam, and never believes what these liars say. And I’m writing to prevent other people from being fraud by them.
I have screen shots what about everything including support chats, account statements etc. and I determined to get the complete account balance due to me or use every legal mean to have TraderXP closed down.In addition, I have already reported this to Royal Canadian Mounted Police(RCMP).
I am still waiting for their reply.

Dear Recruit,

TraderXP is a professional company adhereing to the terms and conditions listed on our website. We provide clients with the best service possible while striving to maintain a fair, convenient platform. As such, there are rules regarding investments, bonuses, and withdrawals which apply to both our clients as well as our brokers. Our clients who trade according to our terms and conditions are able to deposit, trade, and withdraw with no hassle. Clients who do not adhere to the rules, however, are suspended from all activity on their accounts. If you feel you were wronged in anyway or there was a mistake made and would like us to review your case, feel free to contact us at support@traderxp.com.

Sincerely,

Maria Carmen
Customer Support
TraderXP

Sincerely,

Maria Carmen
Customer Support
TraderXP
 
Dear Recruit,

TraderXP is a professional company adhereing to the terms and conditions listed on our website. We provide clients with the best service possible while striving to maintain a fair, convenient platform. As such, there are rules regarding investments, bonuses, and withdrawals which apply to both our clients as well as our brokers. Our clients who trade according to our terms and conditions are able to deposit, trade, and withdraw with no hassle. Clients who do not adhere to the rules, however, are suspended from all activity on their accounts. If you feel you were wronged in anyway or there was a mistake made and would like us to review your case, feel free to contact us at support@traderxp.com.

Sincerely,

Maria Carmen
Customer Support
TraderXP

Sincerely,

Maria Carmen
Customer Support
TraderXP

Do you call your service professional?? you must be kidding!

Based on the stories we have here on your company- you look bad, very bad. I suggest you contact each of your clients and solve their issues
 
Response

Do you call your service professional?? you must be kidding!

Based on the stories we have here on your company- you look bad, very bad. I suggest you contact each of your clients and solve their issues

Dear Eddiger,

Every major company has mixed reviews, some positive and some negative. TraderXP is a professional company, which is clearly demonstrated in the satisfaction and long term continued membership of our clients, as well as the number of years we have been in the industry. Clients who have any issue or complaint are invited to send an email to our customer support department for clarification and/or resolution at the following email: support@traderxp.com.

sincerely,

Maria Carmen
Customer Support
TraderXP
 
Dear Recruit,

TraderXP is a professional company adhereing to the terms and conditions listed on our website. We provide clients with the best service possible while striving to maintain a fair, convenient platform. As such, there are rules regarding investments, bonuses, and withdrawals which apply to both our clients as well as our brokers. Our clients who trade according to our terms and conditions are able to deposit, trade, and withdraw with no hassle. Clients who do not adhere to the rules, however, are suspended from all activity on their accounts. If you feel you were wronged in anyway or there was a mistake made and would like us to review your case, feel free to contact us at support@traderxp.com.

Sincerely,

Maria Carmen
Customer Support
TraderXP

Sincerely,

Maria Carmen
Customer Support
TraderXP
Evil beatch with no moral compass
 
It appears that it is difficult to find reliable binary option broker and majority of them are scams. But how to distinguish them. What features have relaible BO broker? How to avoid being caught on their hook?
 
It appears that it is difficult to find reliable binary option broker and majority of them are scams. But how to distinguish them. What features have relaible BO broker? How to avoid being caught on their hook?

100% of binary brokers are bucket shops. Your losses are their gains. Your gains are their losses. If you wager and win, you get 60-85% profit. If you lose, you lose 100%. What good is an "honest" binary broker. If you want to gamble, go to Las Vegas and bet either black or red at the roulette table. The odds are better and all the casinos there are regulated.
 
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