AutoTradingBinary.com Review

SCAM
1 • 4 REVIEWS
Out of business
Updated: Apr 13, 2022

WARNING:  This site appears to be owned by the same person who owns Citrades.  That company is already rated as a SCAM by the FPA.

Website is down. One less scam company in business.
AutoTradingBinary.com
SCAM
SCAM
1 • 4 REVIEWS

Recent User Reviews of AutoTradingBinary.com

X
XinoxInvest
, South Africa,
Jun 22, 2016,
Guest

AutoTradingBinary is a deposit only investment. You will never be allowed to withdraw. Once they think that you will not invest more, they will stop communication, ignore you and blow your account by placing massive trades.
S
Svante Karlsson
, Sweden,
Jan 21, 2016,
Guest

I invested about 6000 Eur, but initially the account showed profit, but suddenly I lost almost everything and tried to stop the trading. Eventually I sicceeded. This was in October -15 and since than I have tried to retrieve the money I did not loose, but they just stalls and claim that I hae to approval from my trader, and he never resonds to mail or. I have reported them to the British Financial Ombudsman and will also file a criminal charge to MP
K
kevin kehoe
west palm beach Florida, USA,
Nov 15, 2015,
Guest

Autotradingbinary.com is the same as Citrades.com. After refusing to invest my newly established account. I requested the account to be terminated, it had never been activated in either the Citrades platform or Autotradingbinary.com. They didnt answer phone calls, They hung up on me, They answered the phone and pretended it wasn't them. I ended up in a huge argument on the phone, They then proceeded to blow out my account that evening when I had a feeling ATB was going to do something after I demanded my money back especially after the heated argument. I called and had Citrades stop the trading, amazingly they did. They promised a return but with a 15 % early withdraw penalty. I said fine. it never happened. They eventually said they wired me 2,885.00 of my 5000.00. I waited a few days , it never showed. I now have Bank of America going after them. Bank of America said that they have had issues before with Both AutotradingBinary.com and Citrades.com. Also Also one of the new premier brokers for Auto tradingbinary is Head of Compliance of Citrades. The rabbit hole goes on and on. They asked me to take down the bad reviews I put up and I said I would once my money was in the bank, and since you lied about the wire I want my full 5000.00 back and I am going to escalate the issue, they sent me the following email that I thought was absolutely hysterical, like a child wrote it. >>>>>> Leonardos goes by 2 names ( at least) and he is the "Head of Compliance". This is from their "Legal Department" >>>>>>

gal@citrades.com
To rdkbdk@yahoo.com Nov 6 at 2:05 PM
Hello Mr. Kehoe

At this current time, your account has been brought onto our Legal Department at Citrades.com. During this period your account will be frozen including all assets, as we continue our investigation. Currently, we will be doing our initial subpoena on Mr. Jacobs, and Mr. Samuels for all applicable information regarding your account. As what has been recently brought to our attention, below are a few following points under our terms and conditions wherein breaches seem to have incurred, and you can feel free to review:
Section 5 – Subject: PLEASE DO NOT USE THIS SITE IF YOU ARE NOT QUALIFIED.
To avoid any doubt, we disclaim any liability for unauthorized use by minors of our Services in any manner or another. In addition, our Services are available only for people who have experience and sufficient knowledge in financial matters, able to evaluate the benefits and risks of acquiring financial contracts via this site. You are solely responsible for any decision made by you based on the content of the Site.
Without derogating from the above-mentioned provision, we disclaim any responsibility for auditing and/or checking your level of knowledge and/or experience, and any liability for damages and/or loss suffered as a direct result and/or indirectly from your use of the Site. It is the same for any transaction and/or use of the Services.
Section 6 – Subject: REGISTRATION INFORMATION AND REQUIREMENTS
When registering, you’ll have to provide certain identifying information. You are responsible for the security of your account’s login and password. You are solely responsible for any damage caused by reason of any act or omission resulting in improper or illegal use of your account.
Section 8 – Subject: LIMITED LICENSE
Citrades.com grants you a limited non-exclusive, non-transferable license to access and use the Site (the “License”). The license is subject to your compliance with the terms of this Agreement. You agree not to resell or make available the Site to any other person, and will not copy any documents contained on the Site for resale or for any other purpose without the prior written consent of Citrades.com.
To avoid any doubt, you will be liable and bound by any unauthorized use of the Site, in violation of this section. You agree to use all the information received from the information systems Citrades.com for the sole purpose of performing transactions in the only limits of the Site.
You also agree not to use electronic communication feature of a Service on the Site for any illegal, abusive, intrusive, obscene, threatening or hateful purpose, as well as harassment and vilification in the privacy of others. The license granted here under shall terminate if Citrades.com considers that any information provided by you, including your e-mail is no longer current or accurate, or if you fail to comply with any term or condition of This Agreement and all rules and guidelines for each service. It will be the same if Citrades.com determines that you committed a crime on the Citrades.com trading platform (including without limitation the conclusion of a transaction outside the market rates).
If such a violation occurs, you agree to cease accessing the Services. You agree that in its sole discretion and with or without notice, may terminate your access to all or part of the Services, close any open transaction and remove and discard any information or content within a Service.
Section 9 – Subject: RISK DISCLOSURE
You hereby agree to use the Site at your own risk.
Without limiting the under-mentioned provisions, the services provided on this site is intended only to customers who are able to withstand the loss of any money they invest and who understand the risks and have experience in taking risks in financial markets. The possibility exists that you could endure a loss of some or all of your initial investment and hence you should not invest money that you cannot afford to lose. You should be aware of all the risks related to binary options trading, and solicit advice from an independent financial advisor in case of doubts.
Section 16 – Subject: BONUS
Citrades.com provides attractive rewards features to its new and regular clients. Bonuses and one time trading credits are part of Citrades.com promotions program. These bonuses are limited by time and the conditions related to any bonuses are subject to change..
To have a withdrawal approved on an account that has received bonuses, you will be asked to perform a trading volume 30 times for each $1 bonus. The funds can be withdrawn only when the foregoing stipulation has been fully respected and fulfilled. Any withdrawal of funds from an account made before completing the terms of bonus will be immediately canceled and removed from the account.
Any indication of fraud, manipulation, cash back arbitrage or other forms of deceptive or fraudulent activity based on the provision of the bonus will invalidate the account and any profits or losses collected.
Section 17 – Subject: LIMITED LIABILITY
To the extent permitted by applicable law, in no event shall we be liable for any loss or damage arising from use of the Site or Services for any content posted on or through the Site or Services, or the conduct of all users of the Site or Services, whether online or offline.
Section 19 – Subject: INDEMNIFICATION
You agree to defend and indemnify Our company and its officers, directors, employees, and agents and to hold them harmless from and against any and all claims, liabilities, damages, losses, and expenses, including without limitation reasonable attorney’s fees and costs, arising out of / or in any way connected with your access to / or use of the Site or Services; your violation of any of the terms in this Agreement; or your breach of any applicable laws or regulations.
Section 20 – Subject: TERM AND TERMINATION
The term of the Agreement shall be unlimited however Citrades.com will be allowed to terminate this Agreement at any time by notice to you. As of termination, you shall not be able to carry out new transactions.
Section 21 – Subject: GENERAL CLAUSE

The failure of a party to enforce any right or provision of this Agreement will not be deemed a waiver of such right or provision.

Section 24 – Subject: KYC (Know Your Customer) Policy
Know your customer policies have become increasingly important worldwide lately, especially among banks and other financial institutions, in order to prevent identity theft, money laundering, financial fraud and terrorist activity.
Citrades.com holds a zero tolerance fraud policy, and is taking all measures possible to prevent it. Any fraudulent activity will be documented and all related accounts to it will be immediately closed. All funds in these accounts will be forfeited.
Section 25 – Subject: PRIVACY POLICY

7. From time to time Citrades.com (www.Citrades.com) may contact clients whether by phone or email for the purpose of offering them further information about Citrades.com (www.Citrades.com) binary options trading or financial market trading. In addition the company may, on occasion, seek to contact clients, whether by phone or by email, for the purpose of informing them of unique promotional offerings provided by Citrades.com (www.Citrades.com) for the client. Clients consent to the receipt of such contact when they consent to our terms and conditions of use when registering with Citrades.com (www.Citrades.com). Any person wishing to opt out of further contact with Citrades.com (www.Citrades.com) at anytime whatsoever is entitled to do so, simply by contacting the company whether by phone or email and requesting that no further contact on behalf of the company will be made.
From this period on, please communicate directly, and exclusively, with us in the legal department.

Regards,

Citrades

Legal Department
legal@citrades.com

Citrades
1-347-753-8268
http://www.citrades.com



This e-mail message may contain confidential or legally privileged information and is intended only for the use of the intended recipient(s). Any unauthorized disclosure, dissemination, distribution, copying or the taking of any action in reliance on the information herein is prohibited. E-mails are not secure and cannot be guaranteed to be error free as they can be intercepted, amended, or contain viruses. Anyone who communicates with us by e-mail is deemed to have accepted these risks. Company Name is not responsible for errors or omissions in this message and denies any responsibility for any damage arising from the use of e-mail. Any opinion and other statement contained in this message and any attachment are solely those of the author and do not necessarily represent those of the company.
P
Peter Johansson
Stockholm, Sweden,
Nov 7, 2015,
Guest

AutoTradingBinary.com are a scam,

No really Robot only show result. They trading manual. No traders all done by the acount manager, They just empty your acount,

They working with Citrades.com and Tradescapital,com as broker.