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Discuss BOcapital.com

General discussions of a financial company

Britster

Recruit
Messages
1
3Kpertrade.com + BOcapital.com = LOSE Money Guaranteed it seems!

I was stupid enough to get enticed in by crazy offers by 3ktrade.com 3KperTrade.com - stay away, it is all BS and lies.

A guy called Martin Johnson, promises a 'system' that he calls 'The ATM Machine', with a 'Money Back Guarantee'.

Well I did get my money back, but not from 'Martin Johnson', but from ClickBetter.com, since I did not get the 'Private One on One Coaching - We Take Care Of Everything (Guaranteed Results!)' that I paid for, and his 'The ATM Machine - Automated Trading System (100% Guaranteed)' was worse than a Roulette Wheel at a Casino.

Martin Johnson enticed me in, with this 'Bonus Offer' of $3,000, if one opened a Trading Account with BOcapital.com"]BOcapital.com.

Because I only opened with $200.00 (the minimum), I did not get offered $3,000 Bonus but $1,000.00 I was even having problems trying to fund my Account with $200.00, as it was declined. Perhaps I entered some details of my Credit Card wrong? Maybe my Credit Balance was no longer sufficient. I was in the process of trying again, by deleting my Credit Card Account details, and trying again.

Then I received a phone call from BOCapital offering to try and find out what the problem was with my attempting to Fund my Account. Then my Account Balance showed $200.00 then I was logged off. When I logged back on, it showed $400. Had they given $200 Bonus. I immediately hit the 'Withdraw' button and entered $200.00, as I am sure I did not have the funds for a 2nd $200, at that point in time. It showed Withdrawal $200 'Pending'.

No my Credit Card had somehow been charged twice - one showing 'TRADE_BINARY Tetouan 504' on my Credit Card Statement, the other 'TRADERSROOM Tetouan 504'!

Just think, if I had not done that, it could have been $400 in the BoCapital Trading Account, that went down to $0.00!

Admittedly it was not BOcapital.com that lost me the money, it was that 'Auto Profits' Trading system of 3Kpertrade.com. But staff @ BOcapital.com had promised me $1,000 for that $200.00 and that was not forth coming. Also offered another $1,000 if I cancelled that WITHDRAWAL of $200.00

Read the FAQ on BOcapital.com website.com to learn the Withdrawal Restrictions if one does use any Bonus so/if offered! One has to do Trades to the value of 20 x (Account Funding + Bonus).

So if I did get that $1,000 Bonus + $200 Min Funding of a BOCapital.com Trading Account = $200+$1,000 Bonus x 20 = $24,000 worth of trades before one can withdraw that $1,000 Bonus. Then there are withdrawal Fees and only the initial Funding Amount can be credited back to a Credit Card (the one that was used originally). Anything above this to be done via Bank Wire Transfer and with Fees for that also, and delays.

Minimum Trade is $25, so to do $24,000 in Trades, would be 960 x Trades at $25 (2% of $1,200). If they did give $2,000 as Bonus, that would be $2,400 so total Trades of 48,000, or 1,920 @ $25 minimum.

Using Binary Options, at the minimum $25 per Traded as a Losing Trade gives 5% or 10% back ($2.5), so your Balance will go down by $22.5, or $23.75 with each LOSING TRADE. A Winning Trade (at minimum of $25), increases ones balance by $42.50.

So the 1st time I plugged in the 'Auto Profits' system of Martin Johnson, of 3kpertrade.com. it lost! So my Balance was $200 - $25 + $1.25 = $176.25.
The next AutoProfit Trade was successful, so $176.25 -$25 + $42.40 = $220

17 Trades Later, it was down to a Balance of $11.25 - insufficient for any more Auto Trades. This was the 3kTrade.com AutoProfits Summary:-

Total Trades 19 Account Size USD 11.25
Winner, 6 (32 %) Total Investment USD 475.00
losers 13 (66 %) Total Payout USD 286.25
Pending 0 (0 %) Total Pending USD 0.00

So my Payouts were $286.25, and I withdrew $200.00 of them, leaving $86.25
Bottom line is I lost 50% of the money I was stupid to put in, on the promise of those Bonus.

NB: BoCapital.com do not host that Website, it is provided by spotoption.com

I contacted them, and that is perhaps why the $200.00 at least got credited back to my CreditCard (without charges and without supplying the requested Documents, since they had not insisted on such, to open the Trading Account, I stated)!
This who replied saying they would pass on my concerns to BOcapital.com (who never answered any e-mails):-

Dorin Satran

Sales Manager
Telephone: +357 24 022455
E-mail: dorins@spotoption.com
Skype: Dorin_Spotoption
www.spotoption.com
Twitter: https://twitter.com/<wbr>SpotOption

At least other Brokers, like OptionRally.com, do appear listed on the SpotOption.com website, and offer better Binary Options Trading Platform (that shows the Time in GMT!).

BOCapital.com website has many errors - their FAQ states all times shown in GMT (London), yet in practice, their Clock is -5 GMT (New York).

You go to 'Contact Us' and their Pop-up Form has 'OPEN ACCOUNT' as a button instead of 'SUBMIT', One does get an acknowledgement e-mail advising a ember of BO capital staff will reply to your inquiry, but they never did to mine. All e-mail are via spotoption.com, so that is why I contacted them, as the 'middleman'.

So the bottom line is if you fund your BOcapital.com Trading Account with a Credit Card, and make profits, you can/should be able to withdraw the same amount that you funded such Trading Account, with same Credit Card (but it takes 10 x working days or longer to appear). There is a minimum of $100 withdrawal.

Had that AutoTrade of 3KperTrade actually not done 11 x losing Trades in a row, I might have been able to test withdrawing more via Wire Transfer to my Bank Account, and they probably would demand the stated Documents.

Bottom line - I lost $200 for being stupid and gullible to trust that AutoProfit Trades of 3KperTrade, but at least I got my money back from Clickbetter.com that I paid in, so Martin Johnson lost out (or maybe he frigged the AutoTrading to execute bad trades every time I logged in to BOCapital.com and shared the $200 that I lost there, with BOCapital.com.
 

jock55

Recruit
Messages
2
it is sharpen up time for these con people to stop taking money of incenticnt people in binary options
 
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