Optionrally Scam

Lionidas

Recruit
Messages
8
Optionrally ID 70397516

I wish I had knowledge of FPA site 4 days before I went ahead and deposited money into Optionrally. I've only been involved with them since the 11th of March 2015 and soon realised with the help from FPA that they were a very dodge operation. Initially, I spoke to the head trader Steven who was based apparently in the UK, so I'm lead to believe.

Then, my main contact was Alex Hargrove who was quick to tell me that he had spent 11 years working at Merril Lynch in the US and was from Argentina. So, after some reflection I thought I would Google search the name "Alex Hargrove" as I thought it was strange that an Argentine national would have such a last name coming from Argentina. The search came up as a current trader in the USA but no real connection to Argentina, I understand this is a stab in the dark but it also portrays who are the real indentities working in this establishment. Are they all falsified names.

Just recently Alex went missing in action and is no longer my account manager. My current account manager is Jack Feller from France living in the UK. His name comes up on google search as a 50s baseball player from the U.S......with absolutely no connection to a French Parisian.......

Prior to depositing money into Optionrally, I was sent a link via a friends Facebook page that deleted his Facebook page the very next day.. The link was too a supposed auto binary robot "Profit Maximiser" offered by a supposed "James Foley". I thought why not I'll deposit $250 as this was the minimum deposit to see how it would work. Once the $250 dollars was deposited the link connection was made to Optionrally as the auto binary robot was attached to Optionrally and I could see that my $250 was held there. Later that evening I was then contacted by the Optionrally traders and given the sales pitch and brief about their experience and their trading suceeses on average been 83%. After, depositing $10000 Austarlian dollars with US conversion to around $12400 plus exchange conversion fees.

At this stage I really should have trusted my gut instincts....but at no stage was I told that I couldn't withdraw any of my money until I made 50 trades within the first 100 days. What a joke!!! and now I have made multiple requests to have my money withdrawn and I'm told I cannot until this trading volume is reached.

I have been copying sent emails to optionrally to the CEO at Cysec "Eliza Stasopoulou" on every sent email, based on withdrawal requests and now need further help in trying to withdraw my monies.

I will further my contact with Cysec and lodge a offical complaint there, along with other FPA activists i wish to bring these fools to their knees......
 

Lionidas

Recruit
Messages
8
Hello Master Sargent, I deposited via MasterCard. I've read via other complaints about contacting my bank which I have done to see if I could get a charge back. But they couldn't help me....I might try again though.....
 

RahmanSL

Major
Messages
2,821
I presume "Optionrally" is a Binary options provider company. Quite frankly, there are very few (if at all) trustworthy binary companies out there.

I did a quick google search and found a site which states:

OptionRally, founded in 2010 is one of the older binary options brokers. They are owned and operated by what was previously known as Tifozi Investments LTD, but now simply Optionrally Financials Services, located in Limassol, Cyprus. OptionRally is owned by Optionrally Financial Services Ltd. They are located at Zavos Kriel Court, 1 Griva Digeni Street #201, Limassol, Cyprus. Their phone number in South Africa: +27-10-500-1844 and in the United Kingdom: +44-20-3608-0253.

Optionrally is one of the older binary options brokers, starting up in 2010.
That said, they have one of the largest amount of customer complaints of any of the brokers that we have ever reviewed.
The internet is just filled with disgruntled customers, mainly regarding withdrawal problems


...and more reviews: Getting a withdrawal in general appears to be a huge issue, so prior to achieving your volume would be pretty much impossible...Countless complaints from people who are still waiting months to receive their funds....One of the worst reputations around....A number of complaints of quote manipulation.....Customers report that once you request a withdrawal customer support becomes very hard to reach

So, very apparently, you are not alone with your problem. Your best option to get your money (or some of it) back is from your MasterCard.
 

Master Yoda

Captain
Messages
2,929
RahmanSL is pointing out a very interesting issue. The Binary world is young and fast growing unlike the online FX world which is at least one decade older. The binary world was designed to be a bucket shop, a fast way to make money but with max deposits and min withdrawals. In other words- It's not a new field after all, it's a a new shape of Casino
 

FxMaster

Lt. Colonel
Messages
10,233
Optionrally ID 70397516

I wish I had knowledge of FPA site 4 days before I went ahead and deposited money into Optionrally. I've only been involved with them since the 11th of March 2015 and soon realised with the help from FPA that they were a very dodge operation. Initially, I spoke to the head trader Steven who was based apparently in the UK, so I'm lead to believe.

Then, my main contact was Alex Hargrove who was quick to tell me that he had spent 11 years working at Merril Lynch in the US and was from Argentina. So, after some reflection I thought I would Google search the name "Alex Hargrove" as I thought it was strange that an Argentine national would have such a last name coming from Argentina. The search came up as a current trader in the USA but no real connection to Argentina, I understand this is a stab in the dark but it also portrays who are the real indentities working in this establishment. Are they all falsified names.

Just recently Alex went missing in action and is no longer my account manager. My current account manager is Jack Feller from France living in the UK. His name comes up on google search as a 50s baseball player from the U.S......with absolutely no connection to a French Parisian.......

Prior to depositing money into Optionrally, I was sent a link via a friends Facebook page that deleted his Facebook page the very next day.. The link was too a supposed auto binary robot "Profit Maximiser" offered by a supposed "James Foley". I thought why not I'll deposit $250 as this was the minimum deposit to see how it would work. Once the $250 dollars was deposited the link connection was made to Optionrally as the auto binary robot was attached to Optionrally and I could see that my $250 was held there. Later that evening I was then contacted by the Optionrally traders and given the sales pitch and brief about their experience and their trading suceeses on average been 83%. After, depositing $10000 Austarlian dollars with US conversion to around $12400 plus exchange conversion fees.

At this stage I really should have trusted my gut instincts....but at no stage was I told that I couldn't withdraw any of my money until I made 50 trades within the first 100 days. What a joke!!! and now I have made multiple requests to have my money withdrawn and I'm told I cannot until this trading volume is reached.

I have been copying sent emails to optionrally to the CEO at Cysec "Eliza Stasopoulou" on every sent email, based on withdrawal requests and now need further help in trying to withdraw my monies.

I will further my contact with Cysec and lodge a offical complaint there, along with other FPA activists i wish to bring these fools to their knees......

First of all go and file charge back ASAP, talk with CC department and share your story with them, make it before 15 days of deposit.
 

Pharaoh

Colonel
Messages
20,043
Gather ALL your evidence. Get screenshots of everything. Then, when you call your credit card's issuing bank, make certain to ask to speak to the Fraud Department. That will give you a much better chance of succeeding with a chargeback.

Since you mentioned your deposit was in AUS, I'll assume you are down under. You can also contact ASIC and your local police to ask if there's a specific place to file a complaint for online financial fraud. If you can find one, please post it here.

Finally, don't forget to file a complaint with econsumer.gov - Your site for cross-border complaints.
 

Lionidas

Recruit
Messages
8
I've managed to speak to the fraud department at St George Bank. I've also lodged a dispute with St George Bank for the return of the initial deposit. I have also filed a complaint with Cysec and ecommerce.gov in relation to Optionrally Financial Pty Ltd. Had a good chat to Helen at Cysec she wasn't at Liberty to discuss other compliants but when told of it being Optionrally...she smirked..if smirking makes a sound that is.......
 
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