Binarymate Scam
Recruit
- Messages
- 4
I am sorry to say, that I have fallen victim to this dangerous scam too.
I was introduced to Binarymate by an affiliate who had a lot of good things to say about the company. In total, I invested $32 000 in Binarymate and their affiliate companies, Binarycent and Finrally. They are all the same. The same platform, the same fake support girls ( with no market or platform knowledge) and all the same tricks and scams.
I started to see weird jumps or pauses in the price just before expiry. For instance, a trade would be ITM by 3 or 4 pips and would then jump just before expiry to take me OTM and then go back to the correct rate afterwards. Or a trade would be just OTM and I would watch on other platforms and feeds and see the price move in my favour, but on their platform the rice would just get stuck and I would lose, only to move to the correct rice seconds after expiry.
They would also have some trades expire before the time. Some 60 or 120 second trades would expire up to 2 seconds too soon, just to have the trades close in their favour.
When I complained about this, they said they would investigate the matter, but this took weeks. Eventually they came back and said they would refund the $2000 I invested in Binarycent, but for Finrally and Binarycent they investigated some more. When I threatened them with a chargeback they said they would refund the money, but as a bonus and I would then have to make the turnover in order to withdraw. This also never happened.
I have taken some screenshots and videos of their manipulation. In the first image you can see how they manipulated the rate to have a fast spike upwards and then continue to go to the correct rate after expiry.
In this image
I am intending to file complaints with the FBI and several other regulators. Lets hope they clamp down on the scammers just like they did with Jason Scharf and his binary mafia scam.
I was introduced to Binarymate by an affiliate who had a lot of good things to say about the company. In total, I invested $32 000 in Binarymate and their affiliate companies, Binarycent and Finrally. They are all the same. The same platform, the same fake support girls ( with no market or platform knowledge) and all the same tricks and scams.
I started to see weird jumps or pauses in the price just before expiry. For instance, a trade would be ITM by 3 or 4 pips and would then jump just before expiry to take me OTM and then go back to the correct rate afterwards. Or a trade would be just OTM and I would watch on other platforms and feeds and see the price move in my favour, but on their platform the rice would just get stuck and I would lose, only to move to the correct rice seconds after expiry.
They would also have some trades expire before the time. Some 60 or 120 second trades would expire up to 2 seconds too soon, just to have the trades close in their favour.
When I complained about this, they said they would investigate the matter, but this took weeks. Eventually they came back and said they would refund the $2000 I invested in Binarycent, but for Finrally and Binarycent they investigated some more. When I threatened them with a chargeback they said they would refund the money, but as a bonus and I would then have to make the turnover in order to withdraw. This also never happened.
I have taken some screenshots and videos of their manipulation. In the first image you can see how they manipulated the rate to have a fast spike upwards and then continue to go to the correct rate after expiry.
In this image
I am intending to file complaints with the FBI and several other regulators. Lets hope they clamp down on the scammers just like they did with Jason Scharf and his binary mafia scam.