I opened a binary options account with Titan Trade in August 2015. The account manager, David Fisher gave me some signals based on earning season. He managed to lose my whole investment, but said that he would return the funds because it was protected.
We used the returned bonus funds and made some decent profit the second time round. I was then approached by David Fisher who told me that they could make a more constant return in their Forex managed account department. He told me that he was a Certified Financial Advisor (CFA) and that is why he can give me this "good advice".
Fisher promised me a return of between 5 and 15% per month for an investment of $50k. For a period of 8-9 months they managed +- 14% per month, but kept on pushing for more deposits. I couldn't understand this.
In the end I invested a total of $70k. I got about $35k withdrawals in this time as "profit". They traded the account up to $170k, but in June this year, when I said I was not going to invest more and asked for a big withdrawal, everything came tumbling down. On the 6th of June, I told David Fisher in an e-mail to stop trading on the account, but he ignored me. He continued and lost $59 000 in 5 days.
After this they told me that David Fisher was fired. I was told to work with Michael Vinyard and instructed him to stop trading on the account. Again, I was ignored and they proceeded to lose a further $47 000 in two more trades.
In total they lost $106 000 in less than 2 weeks. They were willing to only give me a withdrawal of $35k. So according to them I got back what I invested. I disagree, as this was profit during the time and I spent it and did not reinvest.
They were not allowed to trade further on the account after I told them to stop. This was still my account and my money. I told them that I am going to complain to the FCA, CFTC, CFA and wherever I need to.
They are also somehow connected with the MT4 platform provider Pro Active Trader. http://www.proactivetrader.com/en/
They are sometimes receiving funds from clients as Primero Capital Solutions (http://www.fsc.org.ai/documents/Pub...o Capital Solutions Limited and ICoptions.pdf) in Anguilla, even though they are not authorized to do that. They are somehow affiliated to Algocapitals and owned by Trade-Financials.
Don't trust these brokers. They win if you lose
.
We used the returned bonus funds and made some decent profit the second time round. I was then approached by David Fisher who told me that they could make a more constant return in their Forex managed account department. He told me that he was a Certified Financial Advisor (CFA) and that is why he can give me this "good advice".
Fisher promised me a return of between 5 and 15% per month for an investment of $50k. For a period of 8-9 months they managed +- 14% per month, but kept on pushing for more deposits. I couldn't understand this.
In the end I invested a total of $70k. I got about $35k withdrawals in this time as "profit". They traded the account up to $170k, but in June this year, when I said I was not going to invest more and asked for a big withdrawal, everything came tumbling down. On the 6th of June, I told David Fisher in an e-mail to stop trading on the account, but he ignored me. He continued and lost $59 000 in 5 days.
After this they told me that David Fisher was fired. I was told to work with Michael Vinyard and instructed him to stop trading on the account. Again, I was ignored and they proceeded to lose a further $47 000 in two more trades.
In total they lost $106 000 in less than 2 weeks. They were willing to only give me a withdrawal of $35k. So according to them I got back what I invested. I disagree, as this was profit during the time and I spent it and did not reinvest.
They were not allowed to trade further on the account after I told them to stop. This was still my account and my money. I told them that I am going to complain to the FCA, CFTC, CFA and wherever I need to.
They are also somehow connected with the MT4 platform provider Pro Active Trader. http://www.proactivetrader.com/en/
They are sometimes receiving funds from clients as Primero Capital Solutions (http://www.fsc.org.ai/documents/Pub...o Capital Solutions Limited and ICoptions.pdf) in Anguilla, even though they are not authorized to do that. They are somehow affiliated to Algocapitals and owned by Trade-Financials.
Don't trust these brokers. They win if you lose
.
