Dear asir,
I was scammed into parting with my savings with a company called Onetwotrade which claims that it is not a forex company but a binary company. I was made to believe that they would monitor my tradings based on their sophistaced tools of trade to ensure an 80% winning margin. On agreeing to join , I was asked to click on a column at the end to enrol with the company. On clicknig at thefinal stages Iwas asked to read the rules and regulations. being eleborate I decided to print and reda them the following day. On reading I found the rules to be schewed to ensure that one cannot collect the money until they make 20 times the amount invested.I immediately wrote to thebroker for clerifications adn said that I would withdraw if they continued to inact the regulations. Tothis I did not receive any answer.meanwhiel they asked me to trade for anothe r2 days where they asked me to take out US$15,000 t trade in lucrative sure win shares. I agreed thinking that my case would be refered for withdrawalas it was less than a week adn they would have a due grace period before inacting the agreement. I had since been writing to the company to just collect my invested capital, adn asking them to keep the profits based on my earluer transactions.They claim that all my profits are from bonuses adn would not allow me to go into my account to print my statements to varify.
On 20 February2015 a staff from their compliance dept called me adnasked for my visa card numbers adnasked meto resign the agreement. I did so with the sole intention that they will amicable settle my case based on my proposition. After thatI wrote to state my intentions.I never received any more correspondences from the company anymore.
I would want to imress on persons to read the regulatory requirements of such scrupelous companies to protect them against unjust regulatory rulings by companies which are not registeresd.
Roy Sundram
I was scammed into parting with my savings with a company called Onetwotrade which claims that it is not a forex company but a binary company. I was made to believe that they would monitor my tradings based on their sophistaced tools of trade to ensure an 80% winning margin. On agreeing to join , I was asked to click on a column at the end to enrol with the company. On clicknig at thefinal stages Iwas asked to read the rules and regulations. being eleborate I decided to print and reda them the following day. On reading I found the rules to be schewed to ensure that one cannot collect the money until they make 20 times the amount invested.I immediately wrote to thebroker for clerifications adn said that I would withdraw if they continued to inact the regulations. Tothis I did not receive any answer.meanwhiel they asked me to trade for anothe r2 days where they asked me to take out US$15,000 t trade in lucrative sure win shares. I agreed thinking that my case would be refered for withdrawalas it was less than a week adn they would have a due grace period before inacting the agreement. I had since been writing to the company to just collect my invested capital, adn asking them to keep the profits based on my earluer transactions.They claim that all my profits are from bonuses adn would not allow me to go into my account to print my statements to varify.
On 20 February2015 a staff from their compliance dept called me adnasked for my visa card numbers adnasked meto resign the agreement. I did so with the sole intention that they will amicable settle my case based on my proposition. After thatI wrote to state my intentions.I never received any more correspondences from the company anymore.
I would want to imress on persons to read the regulatory requirements of such scrupelous companies to protect them against unjust regulatory rulings by companies which are not registeresd.
Roy Sundram