Problem VIP-Cititrader Scam - Spotoptions too?

[ai007]

WOW great judgement FPA!
CFTC press release

https://www.forexpeacearmy.com/fore...e-capital-don-t-gamble-scam-2.html#post144427
2011 scam award winner

WHO WILL WIN THE 2013 SCAM AWARD???

 

[ai007]

Something forgot to mention, Dave Jhonson is lying, saying I signed some invisible bonus policy. They never shared any such terms with me at the time of signing up. He at a later stage incorporated all these traps. I simply want my initial investment back and that's all

 

[ai007]

this is criminal

Now that I am thinking about this, I realize why he threatened me over the phone. Luckily I have voicemail. I will put that on youtube this weekend. This is criminal!

 

[ai007]

Now that I am thinking about this, I realize why he threatened me over the phone. Luckily I have voicemail. I will put that on youtube this weekend. This is criminal!

Interesting example from a professional Forex trader
Considering, your win rate is better than flip of a coin
Investment = $3,000
Bonus = $6,000 (200%)
Total starting balance= $9,000
Volume required(Citrades - 21 * total) = $189,000
Months to achieve volume with $500 / day trades (5%) ~ 1 yr
Investor wins 53%, brings to broker = $100,170
Investor loses 47% = $88,830
Total broker's Share (20% +30%) = $46,683
Total Investor's Share LOSS = $(8,694)
Note: I am considering broker gets 30% on losing trades + pat on the back
Plus You cannot take out your invested amount till the volume is met or lost everything
Plus risks with scam brokers, blocks your access and changes the terms and conditions against you

 

[ai007]

Interesting example from a professional Forex trader
Considering, your win rate is better than flip of a coin
Investment = $3,000
Bonus = $6,000 (200%)
Total starting balance= $9,000
Volume required(Citrades - 21 * total) = $189,000
Months to achieve volume with $500 / day trades (5%) ~ 1 yr
Investor wins 53%, brings to broker = $100,170
Investor loses 47% = $88,830
Total broker's Share (20% +30%) = $46,683
Total Investor's Share LOSS = $(8,694)
Note: I am considering broker gets 30% on losing trades + pat on the back
Plus You cannot take out your invested amount till the volume is met or lost everything
Plus risks with scam brokers, blocks your access and changes the terms and conditions against you

Planning to release first video this weekend exposing the big scam, please check back again

 

[Pharaoh]

I'm looking forward to these videos.

 

[Binary_Answer]

Attached is the VIP Cititrader / Citrades trading performance. This is the first report received, further details to follow shortly.
1. VIP-Cititrader Dave - This document shows the trading data plotted and shows the deliberate attempts to loose faster. Top half shows the actual vs promised balance. Second half shows the trade value in terms of the % of account balance. I have tried to provide as much details as possible without cluttering too much.
2. vip-cititrader dave volume - Shows the actual traded volume vs promised/required value. As per this analysis, it will take in access of 4 years to achieve the target number vs promised 3 months.

More details will follow shortly.

Very interesting that absolute fiction posted by Mr. Ali Iftikar is taken as fact. I am so glad that this site is so objective.

 

[Pharaoh]

Very interesting that absolute fiction posted by Mr. Ali Iftikar is taken as fact. I am so glad that this site is so objective.

Why don't you climb down off your high horse and present evidence of your own to prove your allegation? Unlike a lot of places, the FPA gives you the chance to do this.

 

[ai007]

I'm looking forward to these videos.

Thanks,

video 1 of 2 is uploaded



The video has been split into two to keep the size down. Second video will provide detailed trading analysis, more evidences, review of the US SEC warning, review of some of the similar reports and client privacy and confidentiality issues.

 

[ai007]

Series of videos

1.******Review of the US SEC Warning regarding the Binary options and implications to the US customers

2.******Citrades/Cititrader’s detailed Service Performance analysis

3.******Some of the Reported Scam cases in the light of US SEC warning

4.******Steps to follow, when you think, you are trapped

5.******Client Confidentiality and information security