Resolved - Opteck is scam.

Pharaoh

Colonel
Messages
19,959
At least you got your initial deposit back. That's better than some people do with some of these companies.

Good job on all the research.

Contact the UK FCA and FOS. Ask if this company with a UK address is authorized and ask them to please post a warning if it isn't.

Contact the BVI regulators. They don't usually take aggressive actions, but if no one files a report, they won't take any action.

Give SGT Markets all the info on the credit card charge. They really may not have heard of opteck, but did process the money through to some person or company.
 

Pharaoh

Colonel
Messages
19,959
No.

Why would anyone want to gamble on Binary Options? Your trades aren't passed on to an LPs. The house stacks the odds against you (win and you get $60-85, lose and you've lost $100). The number of complaints from people who have won and couldn't get any profits (or even initial deposits out) is very large.

Read what the CFTC and SEC have to say about binary options:

http://www.forexpeacearmy.com/forex...raud-advisory-alert-about-binary-options.html

If you feel like gambling, go to Las Vegas. At least those casinos are regulated and don't mind paying off those lucky enough to win big.
 

luiscp15

Recruit
Messages
7
Mr. Cooper just called me and said that Opteck is sending my profit back. To be fair, if anyone helped me to solve the issue, that one was Mr. Cooper. If I do get my profit back, I´ll update the review.
 

Master Yoda

Captain
Messages
2,929
keep the champagnes until you'll see the money in the account, then celebrate and praise Mr. Cooper :)
 

navyseal

Private
Messages
291
You're one of rare people that can get money back. I think your broker just make a good action. Keep trading with them!
 

Pharaoh

Colonel
Messages
19,959
You're one of rare people that can get money back. I think your broker just make a good action. Keep trading with them!

Are you on crack? If a trader manages to snatch his money back out of a binary casino, the last thing in the world that person should do is throw the money back in.
 
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