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News Release
For Immediate Release - bocapital.com and traderfx.com Scam Revealed!
April 26, 2013 - This all started when I opened an account at traderfx.com in November 2012. I immediately had problems with their platform as I wanted to trade currency pairs and their system did not allow currency pair trading in the US even though their web page stated it did. It was not until I had already made a deposit and tried to execute a trade that I got an error message stating the trade was not allowed in the US. This is extremely deceiving!
I immediately called John Reily with Traderfx.com and explained I wanted to trade currency pairs only and I wanted a refund. Of course, this is when the run around started.
He told me they were coming out with a new platform at bocapital.com that would allow forex trading in the US. He said he would transfer my balance over to bocapital.com. I agreed and when I started using bocapital.com I found it to be extremely slow and it would lock up completely after each trade. I would have to reload the webpage after each trade. Even with all these problems, it was still barely usable, so I continued to trade. I decided on April 13, 2013 to do a trial withdrawal and I haven’t received the withdrawal or any kind of response to by support requests since. It seems that bocapital and traderfx.com are one way systems - you can deposit, but you can’t withdraw.
Beware of bonuses... it seems there is a scam within a scam when it comes to bonuses. Say you deposited $1000 and received a $1000 bonus. It would seem that you could withdraw your $1000 deposit money at any time as stated in their terms. But if you take the bonus, they require that you trade 20x the deposit plus bonus before you can withdraw anything. i.e. the example above, you would have to execute trades of $40, 000 with just a $2000 balance in order to make any withdrawals. In other words, you’re no going to be making any withdrawals.
These are definite scam operations and you should avoid them at all costs!
If you have been scammed by these companies, please contact the FBI internet crimes division and file a report today at http://www.ic3.gov/default.aspx.
All binary options are scams. No need to contact anybody like you. End of discussion.
I fell for Binary Global Group's con. I made my first attempt at trading with Binary Global Group two years ago, sending nearly $4,000 from my bank account—a decision I later came to regret.
I was refused when I asked to take my capital and profit.
I sent an email to Binary Global Group customer service, but they required further information, which I complied with (bank statements, utility bills, and a drivers license).
I tried to post on this website about my experience with Binary Global Group last month, but I came across an article about Paige McCubbin and how she has been helping victims in similar situations recover their money from various types of schemes, whether from a fake broker, a ponzi scheme, or a fake investment company. I struggled with the withdrawal for but no help which made me believe that I had been scammed, so I stopped trying for many two years until last month.
When I messaged her on Telegram as Paigecubbin, she was able to locate my funds at Binary Global Group and transfer them within four days to my bank account.
I advise getting in touch with Paigecubbin for help getting your money back from this business.
There are only 10 types of people in the world; those who understand binary and those who don`t
People have lost so much in binary options, that is; Traders have failed to withdraw profits made from binary options, failed to use the right strategies when needed, failed to engage with the right broker, not giving their trade a break, also having too many trading accounts which is one of the cause of their lost of funds, deposits of too low or too high amount of funds and most especially, not being able to present the full history of their trade when trying to withdraw their profits.
If you are out there and having problems such as these or you are a beginner, or for a good reason need to raise your standard of living or you have been scammed or you have problems withdrawing profits made from your recent trades, contact me on alvinbarry030@gmail.com