Binary Options Regulated and Scam Brokers

oidunno

Recruit
Messages
5
DUKASCOPY BO Bug Alert..

Reliable Execution is front and central to BO success.
Particularly if as is normal your system has a critically time sensitive execution window.

Understanding this you will appreciate that one of the key ways a BO Broker can screw you over is to provide a buggy execution platform.

That is exactly what Dukascopy do.
This is exactly what Dukascopy provide.

Heres an experience of a colleague of mine..that Ive CHECKED.
On demo.. using tests over 1000 hours..no problem..
On LIVE .. totally different story.
4 platform freezes in 12 hours.

Guess the response from Dukascopy "support" was...??
"Try a different browser..."

I labeled this post "Bug Alert"

I think anybody who understands what Ive described here that another title might be more appropriate.







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Moroontrader

Private
Messages
26
Has anyone else been involved with Secured options? Due to possible legal action I will keep this brief. My experience is reflected in my of threads on this site.
The long and short of it that I am $16500 out of pocket with the company still asking for more money. Many different assurances were given but none of them turned out to be true. The scars from this run deep but the best way to level this playing field is get these companies closed down. I have in-depth details of trades conversations and other contacts. All of which lend weight to the fact that this company had no intention of making any money for me to withdraw. They even stated they were FSA registered and CYSec registered, both of which turned out not to be true.
Just to be clear if they do allow withdrawals those are taken from your capital and not from any profit that you make. All of the profit made on my account was either "lost" or certainly never materialised in my account.

The insurance is also not as sold. I had 6 trades open that they "sold" as they said it was insurance money and therefore the trades were not mine. I had a long conversation stating I did not want the trades sold but they sold them. Just to add insult they " dismissed" my account manager and therefore " wrote off" the conversations that were had prior to the new manager. The new manager then ask me for 10k to recover the account. The account was left with 65$, I then traded that up to 101$ ( min withdrawal amount) so I could make a withdrawal. Before I could make a withdrawal the company made trades losing them all and taking the account to $19. The level of greed here is truly disturbing.
 

Pharaoh

Colonel
Messages
19,908
"Insurance" on trades is either a lame marketing ploy or an outright scam.

I wouldn't worry too much about a legal threat if you can prove they lied about regulation. Imagine them coming to court to dispute your points and having to testify under oath about everything you've accused them of.

Threatening to sue clients is a common method scammers use to try to silence critics.
 

Moroontrader

Private
Messages
26
I have written proof of them claiming regulation. This whole incident has caused so much stress worry and anxiety. Some people have no morals whatsoever and think all Westerners live in luxury. This firm and others need to be stopped from trading using their current practices. I actually wonder if the contracts are legal because they have so little company information on them. I have submitted my complaint to various authorities and CC companies. I only hope I get a positive outcome.
 

danielcorman

Recruit
Messages
1
well.. i'm trading with Broker official from a while and I feel very comfortable. I have my own broker that helps me to trade and I can withdraw my money whenever I want. The platform is really simple though .
 

Moroontrader

Private
Messages
26
Sorry, I must be missing your point. Regards Secured Options I have yet more information on this company. including the ownership which in itself means they miss represented their services.
 

Pharaoh

Colonel
Messages
19,908
well.. i'm trading with Broker official from a while and I feel very comfortable. I have my own broker that helps me to trade and I can withdraw my money whenever I want. The platform is really simple though .
Wow, that's the second brand new person pushing the otherwise unknown "BrokerOfficial.com" in this folder. The company shows nothing about regulation on it's site and claims to be in Dominica.

The website was originally registered to:

Registrant Name: Ilanit Sorkin
Registrant Organization: Sorkin
Registrant Street: Dimitri Shostakovich 4
Registrant Street: tel aviv
Registrant City: Tel aviv
Registrant State/Province:
Registrant Postal Code: 69632
Registrant Country: Israel
Registrant Phone: +972.545488336
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: jordanporush@gmail.com
 

Moroontrader

Private
Messages
26
Wow, that's the second brand new person pushing the otherwise unknown "BrokerOfficial.com" in this folder. The company shows nothing about regulation on it's site and claims to be in Dominica.

The website was originally registered to:

Registrant Name: Ilanit Sorkin
Registrant Organization: Sorkin
Registrant Street: Dimitri Shostakovich 4
Registrant Street: tel aviv
Registrant City: Tel aviv
Registrant State/Province:
Registrant Postal Code: 69632
Registrant Country: Israel
Registrant Phone: +972.545488336
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: jordanporush@gmail.com
These people will stop at nothing. This forum serves as good warning to doing any regards Binary. It is nothing more than an elaborate con trick.
 

Pharaoh

Colonel
Messages
19,908
One out of 40. And consider that a history of forex brokers shows many well-liked and well-respected forex brokers suddenly shifting to deposit-only or even just disappearing off the web.

Until Israel cleans out its nest of binary vipers and proper regulation of the whole binary industry emerges, I recommend staying away from ALL binary brokers.
 
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