Problem IQ Option delays my withdrawal without any reason

[Embient]

Additional points:

--> you may initiate proceedings with Cy Financial Ombudsman (FO). Note that this is different than complaining to CySec. And even the Cy FO decision is just a suggestion.

--> these people may help you recover your money faster:

It looks like you've been scammed. Are you going to help the scammers or fight back?

It looks like you've been scammed. Are you going to help the scammers or fight back? Table of Contents Introduction Steps Before Reporting a Scam Step One Step Two Step Three Where to complain by type of scam Forex Brokers (and crypto brokers) Binary Options Pig Slaughter/Romance scammers...

www.forexpeacearmy.com

Not sure if your total amount remaining to be paid is worth it. But you can take the free consultation and go from there.

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--> question: if you know the true business model for IQ option (or any binary options broker, and 98% of forex brokers), and where they were regulated, why would you even deposit $1.00 USD with them?

I was unaware until now. I've just researched them these few days because I just started binary trading for the last 3 weeks.

 

[4evermaat]

I was unaware until now. I've just researched them these few days because I just started binary trading for the last 3 weeks.

The second best time to plant a tree is today.

 

[Embient]

New Update:
I've called the support and they say that my account is currently being reviewed to check my trading records to prevent fraud.
They say that it should be done within 30 days. If there's an extension they will contact me.
I'll currently wait for now cause I only trade for like 2 weeks from the beginning, the review should be done in a quick manner.
I'll begin printing out all my transaction details and contact my local bank and lawyer firm in case there is anything needed to be taken on court later on.

 

[Embient]

10th-day Update:
The customer support is still giving the same reason. Let's see till day 15.

 

[FxMaster]

Bank withdrawal take up to 10 working days, this is normal terms with bank withdrawals, Ask them why your request need to review and you are not doing this first time.

 

[Embient]

Bank withdrawal take up to 10 working days, this is normal terms with bank withdrawals, Ask them why your request need to review and you are not doing this first time.

They say they are reviewing my transactions as well as account to prevent any possible fraud.Will wait till day 15 for now. As i just started trading about 2 weeks , they should check my transactions pretty quick.

 

[FxMaster]

They say they are reviewing my transactions as well as account to prevent any possible fraud.Will wait till day 15 for now. As i just started trading about 2 weeks , they should check my transactions pretty quick.

Sounds like they come up with some T&C that you have violated at the end. Hope for the best outcome.

 

[Embient]

Sounds like they come up with some T&C that you have violated at the end. Hope for the best outcome.

There's no way that I breached their T&C, I've checked them beforehand and I just trade normally. Yeah, I hope there will be an answer within this week.

 

[Editrade9966]

Additional points:

--> you may initiate proceedings with Cy Financial Ombudsman (FO). Note that this is different than complaining to CySec. And even the Cy FO decision is just a suggestion.

--> these people may help you recover your money faster:

It looks like you've been scammed. Are you going to help the scammers or fight back?

It looks like you've been scammed. Are you going to help the scammers or fight back? Table of Contents Introduction Steps Before Reporting a Scam Step One Step Two Step Three Where to complain by type of scam Forex Brokers (and crypto brokers) Binary Options Pig Slaughter/Romance scammers...

www.forexpeacearmy.com

Not sure if your total amount remaining to be paid is worth it. But you can take the free consultation and go from there.

-----------------------


--> question: if you know the true business model for IQ option (or any binary options broker, and 98% of forex brokers), and where they were regulated, why would you even deposit $1.00 USD with them?

Excuse me 4evermaat but then given your knowledge to which I personally have confidence please clarify the essence of the problem by answering me; If I do not understand then the entire online broker company (98%!) and worse still Binary, should it be a matter that we should all stay away from? Because it seems to me that 2% of hitting the reliable broker of for example Forex, is a number that is equivalent to "forget about the matter absolutely".
In addition and with due respect, what would be the objective of all these threads in which an attempt is made to point out the most likely good and the definitely bad if 98% or almost the entire universe of brokers have a business model in which it is not worth depositing a dollar?
I am very interested if you could comment on this perspective because if my point is correct, the simplest thing would be to publish a great sign that said "not to debate anymore and forget about all the brokers". I think this would be a great service.
I will be enormously grateful to read your comment.
Cheers

 

[Editrade9966]

They say they are reviewing my transactions as well as account to prevent any possible fraud.Will wait till day 15 for now. As i just started trading about 2 weeks , they should check my transactions pretty quick.

2 weeks?
So many loads, operations and withdrawals for such a short time.
Awesome