GUILTY Case# 2015-062 | naveen1020 vs bancdebinary.com

[ruseneca]

Now, you changed your story, where earlier you purely compared it with roulette and now you are saying, you can successfully manage..hmm..

I was talking about your case, not the way I see binary options in general! Yes, Naveen, I have found a way to manage the risks by myself. With constant precise analyzes, more patience and a good eye, you could have done so! Else, it is better to enter the casino and play there. The final result for you will be the same. You will bet in the same way that you "traded" binary options. This is how I see it through my eyes!

Same old story.. I made a deposit and asked for deposit bonus as per what they promised. As they changed tone after deposit, I sent those statements, to get my rightful deposit.

I asked several times in your thread whether you have received all the bonuses you should have received and your answer was "Yes, read the case again". I have read all the text uploaded and got sick from these begs for a bonus. Bonuses are the way they manipulate you to stay with them. You even received 100% on top of your deposit and you cry that someone has promised you a VIP account and you haven't received such. Well, till now, noone has ever offered me a 100% bonus on top of my deposit.

This is where the views differ with you. Shouldn't provide wrong signals (of course I don't expect 100% correct but if they can't give atleast 70% correct, unfit for that job), and tell all sorts of stories with VIP accounts, risk free trades...etc..,

So, have you calculated what is the percent of your winning trades against your losing ones?! How you know who is for this job and who is not?! If he is not for that job, why you continued to open trades? Instead, you could have simply told the guy that his trades are losing and instead of listening to him, you can take your decision alone as it would lead to the same result.

I wonder what you read the chat.. Its so clearly mentioned that I will tell my other friends, if they recover my account and if I withdraw.

[23/3/2015 6:21:59 PM] naveen_k: then please help.. as said.. take the profits.. please deposit bonus..
[23/3/2015 6:23:10 PM] naveen_k: I can gaurantee.. to get 4 others with ~50 to 100k colleagues.. if I can cover my losses
[23/3/2015 6:23:26 PM] naveen_k: There are so many high net worth individuals in Singapore.. its a rich country

This sounds like "Recover my losses and I will bring several wealth colleagues to lost instead of me". It is so sad that you even attempt to make a bargain. Your loss for 3-4 wealthy colleagues. What's this if not saving your ass.?!

They promised that I can make profits by depositing with them

They cannot make any promises while you are trading! Moreover, they have a risk warning on their website. Therefore, you must risk all that you can afford. Initially, you deposit $27,000 and you loose. This is your exit point. Instead, you made it a new entry point. I hope that you won't deny this again. It is from the chat history...

Did I got profit with their advise

It's again from your chat history, where you claim that a person called Erik has managed to turn your account to $125,000. Your sense of gambling and impatience had led to the situation we were all reading for. You've had several chances to recover even part of the funds you've lost but you've failed and now, you accuse several people for sending you bad signals. Well, the situation is either take them or leave and trade alone. I underline again that it is your personal decision to trade according to the signal or refuse it, no matter what the broker says and how you can lose your chance.
You've simply chosen the wrong way with a fast recovery and fast profits. Whoever you ask, he/she will tell you that fast profits actually mean financial instability. It is not the right way.

Let's leave the topic here as this will go endless.

Yes, let's put the stop here as I already stated my point of view. Also, I recommend you leaving the markets, it is not your type of business or investment, instead of....

[27/3/2015 7:48:05 PM] naveen_k: I already opened account with other broker.. auto trade etc.. I will write these reviews every where... u ppl suck our blood.

 

[naveen1020]

I asked several times in your thread whether you have received all the bonuses you should have received and your answer was "Yes, read the case again". I have read all the text uploaded and got sick from these begs for a bonus. Bonuses are the way they manipulate you to stay with them. You even received 100% on top of your deposit and you cry that someone has promised you a VIP account and you haven't received such. Well, till now, noone has ever offered me a 100% bonus on top of my deposit.

Again yours is invalid point. I mentioned this multiple times.
1. They promised for > 50k, deposits will get 125% bonus and VIP account, where we can recover in a wk (just 4 good signals can recover).
2. Only after that I deposited, but they changed the tone after deposit and I need to request them so many times to get what they promised. Also, pressurized to deposit another 10k to get that bonus (first crime act). Why I need to beg to get what they promised. They are criminals and you support this (what kind of person you are).
3. Bonus are the way to manipulate, and as said multiple times, its all together different topic.
4. Let's talk what they promised and here it is not the topic whether you got 100% bonus on your deposit or not.

So, have you calculated what is the percent of your winning trades against your losing ones?! How you know who is for this job and who is not?! If he is not for that job, why you continued to open trades? Instead, you could have simply told the guy that his trades are losing and instead of listening to him, you can take your decision alone as it would lead to the same result.

1. This is what I am doing it now. Read my first post and the lost pic trades attached screen shot. I asked multiple times to give correct ones and he still did the same. I know, if I open even 1 trade and lost they will say, you gambled. So I didn't opened on my own.

2. They are same like you, who will talk about the losses made by myself but not about 125k made by brokers.

3. Its simple. I opened account since they assured that they will guide. If I need to open trades of my own, I won't even opened the account (as I know, I am not expert in this). Again don't repeat the same.

This sounds like "Recover my losses and I will bring several wealth colleagues to lost instead of me". It is so sad that you even attempt to make a bargain. Your loss for 3-4 wealthy colleagues. What's this if not saving your ass.?!

1.Read the case properly, else don't comment and mind your language. He said, he will recover my losses in a wk. I looked forward for his promise. Told him to show the recovery and I will get other friends onboard. What's wrong with this.
2. This is obvious. Won't you tell others if you are profitable. They are criminals, who changed tone after deposit. Just emptied account, after made out that I won't deposit any more.

They cannot make any promises while you are trading! Moreover, they have a risk warning on their website. Therefore, you must risk all that you can afford. Initially, you deposit $27,000 and you loose. This is your exit point. Instead, you made it a new entry point. I hope that you won't deny this again. It is from the chat history...

1. Again the same old story...Here I trusted his words and lost. There are risk warnings on all the brokers sites.
2. Read my first post clearly. Initially, they promised to give signals and after deposit and they didn't. Hence I opened trades of my own and made few losses. They promised to give bonus for heavy deposits and its they who changed tone after deposit. Became so tough to get bonus for that 27k (which they promised). They should have simple added the bonus as per promise rather than pressurize me to deposit another 10k. This is crime. Again don't bring the topic of side effects with bonus (its all together different topic).
3.Why didn't he guided or gave signals (even asked multiple times), in the first place after my first deposit (5k) as per promise (else I wouldn't have opened any trades of my own and lost that 5k also, or wouldn't have opened account at all).

It's again from your chat history, where you claim that a person called Erik has managed to turn your account to $125,000. Your sense of gambling and impatience had led to the situation we were all reading for. You've had several chances to recover even part of the funds you've lost but you've failed and now, you accuse several people for sending you bad signals. Well, the situation is either take them or leave and trade alone.

Again same thing.. You gambled.. you gambled.. when I followed his advise. As informed its part of conspiracy they acted. Eric gave few good signals (~5 or 6) and chris emptied.

You are similar to a broker, who kept looking at invalid points to cover mistakes (since you don't have any valid points). Why not talk about big things.

Now, I know you will again come up with same invalid points.

 

[ruseneca]

1. They promised for > 50k, deposits will get 125% bonus and VIP account, where we can recover in a wk (just 4 good signals can recover).
2. Only after that I deposited, but they changed the tone after deposit and I need to request them so many times to get what they promised. Also, pressurized to deposit another 10k to get that bonus (first crime act). Why I need to beg to get what they promised. They are criminals and you support this (what kind of person you are).
3. Bonus are the way to manipulate, and as said multiple times, its all together different topic.
4. Let's talk what they promised and here it is not the topic whether you got 100% bonus on your deposit or not.

I underlined several times that what have been promised to you have been done. What you are writing now doesn't relate to your case. You have never processed a single deposit worth $50,000 or higher to expect a 125% bonus and a VIP account. If this is my mistake, then show us a statement. From what we can read here, it seems that you have first deposited some $5k, $5k and lost almost $27,000 in a weekend and after your loss, you go to the brokers and start crying for another bonuses.
Brokers give bonuses per deposit so don't expect someone to donate you funds so that you can lose and them. I told you where you should have stopped!
Additionally, you are talking about a VIP account when you already had such and you have even asked for access.
[/quote]

1. This is what I am doing it now. Read my first post and the lost pic trades attached screen shot. I asked multiple times to give correct ones and he still did the same. I know, if I open even 1 trade and lost they will say, you gambled. So I didn't opened on my own.

And how does someone know which trades are correct and which are not correct. Have you lost your mind?! If you want to make a profit from your money, go to a bank and put them on a long-term depost. Else, you take a risk to lose your money and invest them by yourself. Noone knows where will the price be in several minutes so stop telling us that you want only profitable trades.
Moreover, I did some checks on their website and just imagine how amazed I was when I read that your broker provides signals from Trading Central. Therefore, if you accuse someone for your losses from signals, these should be Trading Central and you have opened a case against a BO broker. It is not clear for us who actually provided you with signals, who are Erik, David, Chris etc. When I talk to a broker, I have a personal account manager who does everything for me...

2. They are same like you, who will talk about the losses made by myself but not about 125k made by brokers.

Why we should talk about $125K when you claimed that your total amount deposited with the broker was $77,000? By losing your funds, they lose their bonus, too. If they really hedge their risks by trading on the real market, they definitely have the reason to cancel crediting another bonuses to you.

3. Its simple. I opened account since they assured that they will guide. If I need to open trades of my own, I won't even opened the account (as I know, I am not expert in this). Again don't repeat the same.

I read somewhere that you had opened an account and you have processed a deposit without informing anyone. So, how does someone promise you something?

1.Read the case properly, else don't comment and mind your language. He said, he will recover my losses in a wk. I looked forward for his promise. Told him to show the recovery and I will get other friends onboard. What's wrong with this.
2. This is obvious. Won't you tell others if you are profitable. They are criminals, who changed tone after deposit. Just emptied account, after made out that I won't deposit any more.

It is wrong, OK? If you see that you continue to realize losses, you should asked for immediate withdrawal instead of sitting in front of a platform and reading what to do. Your money are put there and you should manage them properly. For a recovery of your losses, it is stated that they will need at least $100,000 and that they will add a bonus from their side, then you can talk about some recovery. How do you recover your $27,000 loss with a $10,000 deposit?! Your profit should reach 200% in order to speak for any recovery.

1. Again the same old story...Here I trusted his words and lost. There are risk warnings on all the brokers sites.

You've read the risk warning, ok, then, why you should trust somebody?! Why you didn't stop when you lost $27,000 all alone.

 

[naveen1020]

I underlined several times that what have been promised to you have been done. What you are writing now doesn't relate to your case. You have never processed a single deposit worth $50,000 or higher to expect a 125% bonus and a VIP account. If this is my mistake, then show us a statement. From what we can read here, it seems that you have first deposited some $5k, $5k and lost almost $27,000 in a weekend and after your loss, you go to the brokers and start crying for another bonuses.
Brokers give bonuses per deposit so don't expect someone to donate you funds so that you can lose and them. I told you where you should have stopped!
Additionally, you are talking about a VIP account when you already had such and you have even asked for access.

Same story again and again. I showed the proof multiple times. Asked me to deposit 40k and they will deposit 55k from their end and I deposited after they informed about VIP account.

Do you think, I am a fool to expect a bonus without deposit. If you don't read the case don't talk.

And how does someone know which trades are correct and which are not correct. Have you lost your mind?! If you want to make a profit from your money, go to a bank and put them on a long-term depost. Else, you take a risk to lose your money and invest them by yourself. Noone knows where will the price be in several minutes so stop telling us that you want only profitable trades.
Moreover, I did some checks on their website and just imagine how amazed I was when I read that your broker provides signals from Trading Central. Therefore, if you accuse someone for your losses from signals, these should be Trading Central and you have opened a case against a BO broker. It is not clear for us who actually provided you with signals, who are Erik, David, Chris etc. When I talk to a broker, I have a personal account manager who does everything for me...

As said, if they don't know they shouldn't talk stories (risk free trades, VIP accounts ...blah..blah..). Better you consult psychologist, when ~98% voted for guilty and you argue on base less points.

Why we should talk about $125K when you claimed that your total amount deposited with the broker was $77,000? By losing your funds, they lose their bonus, too. If they really hedge their risks by trading on the real market, they definitely have the reason to cancel crediting another bonuses to you.

That's where the cheating came. I didn't lost to market but simple lost to these cheaters. Its baseless argument with you. I invested more as I got trapped with their stories on VIP accounts.

 

[ruseneca]

OK, this is my lost post regarding this case and based on the information collected, I will state my point of view.

At first, a person opens an account with a binary options broker and faces a serious loss after trading by himself. Then he makes a big mistake as a newbie - he looks for a way to recover his losses by risking another serious amount instead of staying away from markets and face the loss. To recover his loss, he plans to struggle for bonuses, risk free trades etc. What comes next is repeatedly requests for adding extremely high bonuses to his deposits and if possible, bonus or 3-4-5 risk free trades for the deposit he had previously made ( and I underline, he had already lost! ). Despite both winning and losing signals, the result is always bankruptcy. It would be enough for some to reach the exit point but for Naveen, it is not.
Later on, he is transferred to a so-called "CEO's group", where he could be provided with a signal ( or a trade ) that the CEO of the company sends to the real market. He has been asked to lie his bank ( or credit card company ) one more time so that he could enter that special group. Naveen even doesn't argue that this act is mildly said immoral but he actually tell another lies so that he can obtain another portion of funding. Here, I uderline that ( according to the information he provided for this case ) I realised that he had even done this before without any interference from others. Therefore, I cannot assume that this is some kind of racketeering.

After several offers from brokers' side, the trader processes another deposit worth $10,000 and asks for a way to recover all of this losses and does not pretend to take the profits. But is is too late to recover his losses as they already outbalance the total deposit amount.

[27/3/2015 12:06:55 AM] naveen_k: how can I recover my acc
[27/3/2015 12:07:10 AM] Danny Goldman: Even if you deposited 10K now I wouldnt be able to help you at this point
[27/3/2015 12:07:30 AM] naveen_k: even now I DONT HAVE MONEY..
[27/3/2015 12:07:41 AM] Danny Goldman: Right I am saying even if you did

For his deposit worth $10,000, Naveen receives 400% bonus ( $40,000 ) and one signal per day from company's CEO ( and he claims he had not received a VIP treatment!!! ). He had been provided with some signals ( winning signals ), until he decided to place some trades all alone. The result was loss of 60% of his deposit ( from $10,000, he had lost $6,000 as per his claims ). It is enough to be excluded from this "CEO group" as he lost 60% of his balance and the broker had already provided him with 400% bonus.
These bonuses are accounted as "loss" for the company which had provided Naveen with more than enough bonuses to recover his prevously deposited $27,000 which he had lost by trading all alone.

I completely understand that brokers' pushes for immediate decisions and immediate deposits are a little bit stressy. However, this form of communication is a must in the financial sphere. If you have enough money, you go to a broker and ask for his services. If not, you simply don't knock on their doors and pretend for a bonus. From the other side, the trader relied on a signal provider who had reached a very lucrative turnover. Instead of reducing the risk of loss, trader's decision was to continue to place options with a very high stakes. A few options led his balance to drop below $10,000 in several hours.

Despite the risk warnings and previous losses, the trader has taken a decision to risk more money and apply for bonuses. We all know that every dollar, credited as a bonus, comes with a turnover. It means that trader's chances for withdrawal reduce proportionally to the wagering requirements. Taken that into account, the trader's expectations for weekly recovery are groundless as he had a VIP account where bonuses are usually higher than normal stardard accounts.

From company's statement and text files uploaded to the case, I find that the company has been accusing for no reason as they really had put enough bonuses ( higher than normal limits per trader for regulated company ) to trader's account. The result is always a loss not because signals provided but the high risk taken per single option!

 

[naveen1020]

At first, a person opens an account with a binary options broker and faces a serious loss after trading by himself. Then he makes a big mistake as a newbie - he looks for a way to recover his losses by risking another serious amount instead of staying away from markets and face the loss.

My Biggest mistake is to trust these criminals, who tell all sorts of stories and make us just deposit money.

Later on, he is transferred to a so-called "CEO's group", where he could be provided with a signal ( or a trade ) that the CEO of the company sends to the real market. He has been asked to lie his bank ( or credit card company ) one more time so that he could enter that special group. Naveen even doesn't argue that this act is mildly said immoral but he actually tell another lies so that he can obtain another portion of funding. Here, I uderline that ( according to the information he provided for this case ) I realised that he had even done this before without any interference from others. Therefore, I cannot assume that this is some kind of racketeering.

Yours is baseless argument, as I did once to get my rightful bonus for what I deposited 27k. Rather than simple adding bonus as what he promised, he changed tone and pressurized to deposit another 10k.

Don't give some nonsense stories, that I did this before without anyone interference.. hmm..

For his deposit worth $10,000, Naveen receives 400% bonus ( $40,000 ) and one signal per day from company's CEO ( and he claims he had not received a VIP treatment!!! ). He had been provided with some signals ( winning signals ), until he decided to place some trades all alone. The result was loss of 60% of his deposit ( from $10,000, he had lost $6,000 as per his claims ). It is enough to be excluded from this "CEO group" as he lost 60% of his balance and the broker had already provided him with 400% bonus.
These bonuses are accounted as "loss" for the company which had provided Naveen with more than enough bonuses to recover his previously deposited $27,000 which he had lost by trading all alone.

What non sense is this. 400% bonus. Do you think brokers are fools. They tortured me to get my rightful or promised bonus for what I deposited i.e 27k.
After several requests, they gave 27k (earlier deposit bonus) + 10k newly added deposit bonus. Yours is completely baseless argument and don't comment if you don't know the facts.

Again you didn't answered what is CEO group and non CEO group. This is gimmick to again force us to keep on depositing. He again forced me to deposit 10k more (even when I didn't made any losses). Pressurised for 2 more days and I didn't. So excluded me from CEO group and decided to empty account.

I completely understand that brokers' pushes for immediate decisions and immediate deposits are a little bit stressy. However, this form of communication is a must in the financial sphere. If you have enough money, you go to a broker and ask for his services. If not, you simply don't knock on their doors and pretend for a bonus. From the other side, the trader relied on a signal provider who had reached a very lucrative turnover. Instead of reducing the risk of loss, trader's decision was to continue to place options with a very high stakes. A few options led his balance to drop below $10,000 in several hours.

Again don't keep on telling the same stories several times (as you don't have valid points). It is not my decision to continue place option but brokers..

Despite the risk warnings and previous losses, the trader has taken a decision to risk more money and apply for bonuses. We all know that every dollar, credited as a bonus, comes with a turnover. It means that trader's chances for withdrawal reduce proportionally to the wagering requirements. Taken that into account, the trader's expectations for weekly recovery are groundless as he had a VIP account where bonuses are usually higher than normal stardard accounts.

I know you will refer to this, as you don't have valid points. I know bonus comes with a turn over and its all together a different topic. Atleast I will have option to recover in future, but now no. It is he, who said can recover in a wk. One risk free trade per day(~8k) is sufficient to recover. Why is it not possible for right broker.

From company's statement and text files uploaded to the case, I find that the company has been accusing for no reason as they really had put enough bonuses ( higher than normal limits per trader for regulated company ) to trader's account. The result is always a loss not because signals provided but the high risk taken per single option!

This is a pure biased statement (as you might be from the same firm or you might have done similarly to someone else and you support your activities). The high risk per single option is given by broker.

They didn't even put bonus as what they promised (shown you proof of mail that for 40k deposits, they will give 55k bonus and 5 signals per day.. that too risk free. In the sense, if lost they will put money back).. I should do phone recordings as well with brokers to capture their promises and stories to show proof for people like you. Only after their promises I deposited 5k + 27k + 10k and should righfully get 55k as per their promise but didn't. The last 10k deposited due to his pressure, as he changed tone after my earlier deposits.

You keep on referring to the losses I made but not heavy losses he made by.

Anyway pointless argument again and again on same thing.

It is very clear from series of events that it is intentional.
1. Made me deposit and didn't gave any risk free trades
2. After few initial losses, informed stories about VIP accounts and risk free trades..
3. After deposit heavily, in spite of asking risk free trades several times, changed tone and pressurised to deposit more.
4. Made out, that I won't deposit any more and came to know that I am about to withdraw, simply empty my account (by giving mix of good and bad signals).
5. From the series of trade signals, he gave its very clear that he intentionally emptied account, as the trades give were so reckless (atleast after one mistake he should be careful but he is not).
6. That too, when I denied, he even called me and asked to trust him and open trades as they experts. I just listened to him.


This is a white collar scam. Stay away.

 

[Kashsec]

Why there is so much discussion. From text files, the way how broker pressurised to deposit money and the way how he gave high risk signals (as they are experts and know money management), itself is a clear indication that it is intentional. There ends. Clear guilty.

 

[ruseneca]

Yours is baseless argument, as I did once to get my rightful bonus for what I deposited 27k. Rather than simple adding bonus as what he promised, he changed tone and pressurized to deposit another 10k.

What non sense is this. 400% bonus. Do you think brokers are fools. They tortured me to get my rightful or promised bonus for what I deposited i.e 27k.

Are you trying to convince us that the company has cheated you because you had a right for a bonus?!
You have simply processed a deposit and you had not applied for a bonus. Later on, you've lost all of your funds and you've gone to beg some brokers for a bonus. That was the reason to be asked to make another deposit.
Why do you try to hide this by writing "it is rightful"?!Then, if it was rightful to get a bonus over your deposit, then why you had not applied for such by the time of making the deposit?! Stop with your nonesense posts and tell us what really happened!
Once, you claim that you have received all bonuses, then you turn back and claim that you hadn't.
Don't you think that you are making us think that you are some kind of paid poster who is in the middle of a war between two brokers? You are writing some anti-logical posts here!

Again don't keep on telling the same stories several times (as you don't have valid points). It is not my decision to continue place option but brokers..

Earlier, you claimed that you were the one who places the options. Now, you claim that it was brokers' decision to place the options.
Broker is just a broker, he'she cannot place orders without your personal consent! In your case, brokers just send you signals and you can either accept the signal and open an option or cancel the signal and say "I am sorry, I don't think that this is a winning option, I won't open it". You had bought options for all signals that several people had been providing to you.
And this is not brokers' mistake, it is yours! You should have put some limit...for examaple, if broker provides you with 2 subsequent losing options, you just stop opening any new options.
But hey, I forgot that you should have recovered for a week. Yes, this is again one of my nonsense posts, sorry...

Atleast I will have option to recover in future, but now no.

Recovery...this is just one of your idee fixe, which had led you to this situation. If you fail once, you should look for another way of recovery. Instead of putting some money in something that can assure you additional income, your decision was to beg for the bonus you should have taken before you gamble your balance. It is very simple, you invest where you are sure that you can get some profit.

It is he, who said can recover in a wk. One risk free trade per day(~8k) is sufficient to recover. Why is it not possible for right broker.

It is possible to make a recovery BUT with at balance, at least 10 times higher than your loss. In the chat history, it is clear that the broker has pointed that to you...the part where he claims you will need to make a deposit at least $100,000 ( even though your "recovery" will be a high-risk recovery. Since you don't have so much money or you have this amount of money BUT you don't want to risk so much, you simply accept the loss. Else, in 99% of cases, people lose again. It is sad BUT this is statistics!

As per "risk-free tades". Are you aware that what you win and what you lose from the "risk-free trades" is credited back as a bonus?! There's not such thing as risk-free trades. Since you were awarded with bonus, then why you expect a second bonus on top of your deposit?! What is this, a charity?! If it is a charity, please, let me know how to open an account, I want to benefit from this, too!
What a bonus hunter can even think that he will EVER reach the breakout point?!

They didn't even put bonus as what they promised (shown you proof of mail that for 40k deposits, they will give 55k bonus and 5 signals per day.. that too risk free.

Well, show us the screenshot of this email as I have never seen such offer. They can offer you 55k bonus for a single 40K deposit, not for deposits like 8 times x $5,000 (it's an example).

Only after their promises I deposited 5k + 27k + 10k and should righfully get 55k as per their promise but didn't

I was right by telling you a "bonus hunter". For the last deposit of $10,000, you had been grranted with a bonus of $40,000 or so. It is stated on the chat history...So, why do you expect a second bonus over these $10,000, that comes from the total amount of your deposits.
I cannot understand whether you had actually tried to breakeven or to gamble by asking for permanent bonuses?! Well, let me tell you something...there are binary options brokers who offer a free no-deposit bonuses, just open account with them and continue with your bonus hunting, instead of opening cases against a broker who might not be guilty for your unreasonable actions.

The last 10k deposited due to his pressure, as he changed tone after my earlier deposits.

Maybe he was a terrorist who threatened your family and this was the reason for making a deposit?!
By going to him and beg for a bonus, do you think that he will actually credit it when your balance is $0?! Of course he will ask you to make a deposit again. And then, it is again your decision. He just sells their services.

You keep on referring to the losses I made but not heavy losses he made by.

...beucase both profit and loss were accumulated by yourself, following someone's signals. As I wrote, you can either accept the signal or cancel it.

4. Made out, that I won't deposit any more and came to know that I am about to withdraw, simply empty my account

Since you know about the wagering, you should have known that it was impossible to withdraw. Instead of leading us to this logic, you intentionally foist such nonsense like "came to know that I am about to withdraw". Do you really think that account managers do not follow the statistisc ofwhen you are going to wager your bonus?!

6. That too, when I denied, he even called me and asked to trust him and open trades as they experts. I just listened to him.

If that's true, you should have asked for immediate cancellation of your bonus and whatever leaves, you request for withdrawal. It is your decision how to trade, not theirs! They have no rights to do that, unless you've signed a consent!

This is a white collar scam. Stay away.

If you don't like the way they treat clients, well, simply don't deposit. You had made several deposits and lost everything. But this is not their fault. When Danny tries to help you, you just rush things and open some options by losing 60% of your balance. You could have reached the breakeven with their help, you should't have opened these options. But as I wrote, it is your decision. You've done so! Face the loss and leave markets.

 

[naveen1020]

Are you trying to convince us that the company has cheated you because you had a right for a bonus?!
You have simply processed a deposit and you had not applied for a bonus. Later on, you've lost all of your funds and you've gone to beg some brokers for a bonus. That was the reason to be asked to make another deposit.
Why do you try to hide this by writing "it is rightful"?!Then, if it was rightful to get a bonus over your deposit, then why you had not applied for such by the time of making the deposit?! Stop with your nonesense posts and tell us what really happened!
Once, you claim that you have received all bonuses, then you turn back and claim that you hadn't.
Don't you think that you are making us think that you are some kind of paid poster who is in the middle of a war between two brokers? You are writing some anti-logical posts here!

Pointless discussion. Initially, you asked me to show proof and when I showed, you change to something else. You talk similar to a broker. For 40k deposits, they promised to get 55k bonus i.e ~137% and after asking several times, gave only ~100%. Have you ever read my posts? I never claimed that I didn't got, but I claimed that they tortured to get my rightful bonus and that too gave less after deposits (i.e changed tone). Ready my posts properly before comment. As usual you will make baseless comments.

Earlier, you claimed that you were the one who places the options. Now, you claim that it was brokers' decision to place the options.
Broker is just a broker, he'she cannot place orders without your personal consent! In your case, brokers just send you signals and you can either accept the signal and open an option or cancel the signal and say "I am sorry, I don't think that this is a winning option, I won't open it". You had bought options for all signals that several people had been providing to you.
And this is not brokers' mistake, it is yours! You should have put some limit...for examaple, if broker provides you with 2 subsequent losing options, you just stop opening any new options.
But hey, I forgot that you should have recovered for a week. Yes, this is again one of my nonsense posts, sorry...

Same old story..I opened account as broker assured that he will guide, else I wouldn't have opened account in first place (I know I am not expert in this)... I mentioned this several times and you repeat the same thing again...

Here is the cut out for everyone, how they will fool you smoothly. Don't trust them..
[26/3/2015 9:41:12 PM] Chris Cooper: o gotsomthng crazy as this
[26/3/2015 9:41:14 PM] Chris Cooper: trust me on this
[26/3/2015 9:41:32 PM] naveen_k: please.. let's do after 14:00
[26/3/2015 9:41:42 PM] Chris Cooper: trust me budy
[26/3/2015 9:41:44 PM] Chris Cooper: VODAFONE
[26/3/2015 9:41:46 PM] Chris Cooper: go there now
[26/3/2015 9:41:55 PM] naveen_k: please..
[26/3/2015 9:42:03 PM] naveen_k: understand my situation..
[26/3/2015 9:42:12 PM] Chris Cooper: i know this is why i'm doing this
[26/3/2015 9:42:18 PM] Chris Cooper: i told you i'll fix it
[26/3/2015 9:42:22 PM] Chris Cooper: trust ME
[26/3/2015 9:42:25 PM] Chris Cooper: go quickly
[26/3/2015 9:42:26 PM] Chris Cooper: now
[26/3/2015 9:42:34 PM] Chris Cooper: VODAFONE

Recovery...this is just one of your idee fixe, which had led you to this situation. If you fail once, you should look for another way of recovery. Instead of putting some money in something that can assure you additional income, your decision was to beg for the bonus you should have taken before you gamble your balance. It is very simple, you invest where you are sure that you can get some profit.

Again old story.. As said, I got trapped with their stories on recovery department, VIP account.. risk free trades etc...

It is possible to make a recovery BUT with at balance, at least 10 times higher than your loss. In the chat history, it is clear that the broker has pointed that to you...the part where he claims you will need to make a deposit at least $100,000 ( even though your "recovery" will be a high-risk recovery. Since you don't have so much money or you have this amount of money BUT you don't want to risk so much, you simply accept the loss. Else, in 99% of cases, people lose again. It is sad BUT this is statistics!

Purely pointless. Read it properly, he said not deposit of 100k but account balance to be 100k (and this includes bonus). Once again you make baseless argument. Even with my current balance, it is easy to recover and just depends on broker.

Why did he again asked me to deposit 10k more next day, when things are going good. Clear scam or cheating. I know you will come with some other reason. There is no consistency for what he said a day before and after.

[24/3/2015 1:46:42 PM] Danny Goldman: Mr. Laurent wants another 10K in the account and another 25K from his end
[24/3/2015 2:57:21 PM] naveen_k: I don't have...yesterday itself told lies to increase temporary limit increase
[24/3/2015 2:58:21 PM] naveen_k: You can help to increase balance with current account
[24/3/2015 2:59:31 PM] Danny Goldman: Yes, but CEO wants 10K more for 25K and to keep going on his group
[24/3/2015 2:59:47 PM] Danny Goldman: Try to lie to them again

As per "risk-free tades". Are you aware that what you win and what you lose from the "risk-free trades" is credited back as a bonus?! There's not such thing as risk-free trades. Since you were awarded with bonus, then why you expect a second bonus on top of your deposit?! What is this, a charity?! If it is a charity, please, let me know how to open an account, I want to benefit from this, too!
What a bonus hunter can even think that he will EVER reach the breakout point?!

Now you came up with some other story..Here it is not the point whether you got or not. Here the discussion about what they promised for VIP accounts and what he actually done.

He clearly promised to give risk free trades and as usual change tone after deposits. Yup, this is what I would like to tell to whole community. Don't trust on their stories of VIP accounts.....

Well, show us the screenshot of this email as I have never seen such offer. They can offer you 55k bonus for a single 40K deposit, not for deposits like 8 times x $5,000 (it's an example).

So clearly mentioned in all the calls right from start, that we get a minimum 100% bonus on all our deposits. As said, initially you asked me to show proof of deposit bonus and when I showed, you came up with some thing else. You show me the screen shot, that they won't offer bonus if deposits are like 8times x $5,000 rather than a single 40k deposit(It is just other gimmick).

I was right by telling you a "bonus hunter". For the last deposit of $10,000, you had been grranted with a bonus of $40,000 or so. It is stated on the chat history...So, why do you expect a second bonus over these $10,000, that comes from the total amount of your deposits.
I cannot understand whether you had actually tried to breakeven or to gamble by asking for permanent bonuses?! Well, let me tell you something...there are binary options brokers who offer a free no-deposit bonuses, just open account with them and continue with your bonus hunting, instead of opening cases against a broker who might not be guilty for your unreasonable actions.

As said, you might have done something similar or work for that firm as you keep on referring to pointless topics. They will kill us and you keep on saying, its their right to kill us.

If that's true, you should have asked for immediate cancellation of your bonus and whatever leaves, you request for withdrawal. It is your decision how to trade, not theirs! They have no rights to do that, unless you've signed a consent!

Pointless argument. I have to repeat the same answer as you keep on comment same invalid point. They emptied in an hr or 2.

If you don't like the way they treat clients, well, simply don't deposit. You had made several deposits and lost everything. But this is not their fault. When Danny tries to help you, you just rush things and open some options by losing 60% of your balance. You could have reached the breakeven with their help, you should't have opened these options. But as I wrote, it is your decision. You've done so! Face the loss and leave markets.

Absolutely baseless point. As said multiple times that I got trapped with their stories on VIP accounts.You talk about 6k, which I made loss but not brokers, who gave wrong signals to take account balance from 125k to 3k. hmm..

I will leave this point to experts

 

[Kashsec]

[/U][/B][26/3/2015 9:41:12 PM] Chris Cooper: o gotsomthng crazy as this
[26/3/2015 9:41:14 PM] Chris Cooper: trust me on this
[26/3/2015 9:41:32 PM] naveen_k: please.. let's do after 14:00
[26/3/2015 9:41:42 PM] Chris Cooper: trust me budy
[26/3/2015 9:41:44 PM] Chris Cooper: VODAFONE
[26/3/2015 9:41:46 PM] Chris Cooper: go there now
[26/3/2015 9:41:55 PM] naveen_k: please..
[26/3/2015 9:42:03 PM] naveen_k: understand my situation..
[26/3/2015 9:42:12 PM] Chris Cooper: i know this is why i'm doing this
[26/3/2015 9:42:18 PM] Chris Cooper: i told you i'll fix it
[26/3/2015 9:42:22 PM] Chris Cooper: trust ME
[26/3/2015 9:42:25 PM] Chris Cooper: go quickly
[26/3/2015 9:42:26 PM] Chris Cooper: now
[26/3/2015 9:42:34 PM] Chris Cooper: VODAFONE

.............
.......

[24/3/2015 1:46:42 PM] Danny Goldman: Mr. Laurent wants another 10K in the account and another 25K from his end
[24/3/2015 2:57:21 PM] naveen_k: I don't have...yesterday itself told lies to increase temporary limit increase
[24/3/2015 2:58:21 PM] naveen_k: You can help to increase balance with current account
[24/3/2015 2:59:31 PM] Danny Goldman: Yes, but CEO wants 10K more for 25K and to keep going on his group
[24/3/2015 2:59:47 PM] Danny Goldman: Try to lie to them again

OMG. This firm is a clear SCAM. Unfortunate that their exists people like @ruseneca, who argue so much with same invalid points again and again. Just ignore.