Plus500fraud-money stolen

D
This review was posted by
a verified customer
Verified customer
Review updated:

Warning:plus500 is fraud!

Plus500 site is a big fraud, a total scam.
Never put any own money in it.
You never ever will see your money again.
Only thing, you can do on their site,
Is checking some trading prices (at least in currencies eur/usd seems be up to date).

The "demo" and "with own money" options are identical and both
Only for show.
Behind that program isn't anything "real" happening, no real transactions.

They only collect your money and make you to imagine, that you are trading real trades. You are not!

As said, they are only after your deposits!

On many sites, wich contain plus500-fraud complains, one or several plus500-fraudsters themselves are trying to eliminate accuses about scam, saying
"plus500 is not a scam; I have been trading half a year; I have collected $10000 in two months" etc.

But I have definitely lost €100,
I wouldn't write here only to accuse a site, which I don't know even the address!

Responses

  • Ra
    Raj Kumar Fylling Mar 14, 2021
    This comment was posted by
    a verified customer
    Verified customer

    I sold my shares for 995 dollers but mony was not added in my account. I contacted support but nothing happens. Is there any officialy site we can send complaint ? I tried this complaintboard but no answer.

    0 Votes
  • Ad
    adiwira adinda Apr 18, 2020
    This comment was posted by
    a verified customer
    Verified customer

    13 April 2020 I took the sell position of EUT/JPY €108, 650 .. Stop loss €119, 300 .. But my position suddenly stopped while it was falling .. What happened?

    Comments

    0 Votes
  • 36
    3641 Mar 09, 2020
    This comment was posted by
    a verified customer
    Verified customer

    JOIN THE CLASS ACTION BY STANDING TOGETHER TO HAVE OUR CASES LOOKED AT TO OPEN A CLASS ACTION FOR AUSTRALIANS...
    READ IN FULL AS MY EMAIL IS PROVIDED BELOW.

    This is my real story with a real plus 500 trading account.
    Be warned this is just one example i am writing of how money is wiped out of my account when following the plus 500 platforms "rules"
    I placed a trade on plus 500 for around $200 with a stop loss just under $50. $452.19
    Once i placed the trade, the site immediately froze me from seeing and adjusting my trade. I was given no way to access or watch the trade progress.
    I begged to speak with a supervisor for help from the chat service and was denied and told to wait for an email from them. I had to sit and watch the site to wait for until the trade ws has unfrozen only to find out they wiped out my account of the amount $452.19 disregarding there own stop-loss inputs to give me security.
    I had no access to it, i was blocked by the site so y trade went into an unknown area where only they decide what time it is unfrozen.
    Is this legal?
    Their site has many other ways of wiping out your account going against the stop losses it allows you to put in.
    This company will fool you into thinking you can trust the "upfront platform" you are using but it does have many hidden tricks it uses to wipe out hundreds of millions of dollars from its customer's accounts.
    Chat staff has told me since these issues have arisen that i can not trust the platform they provide to me and they take no responsibility for their platform they provide to its customers.
    CLASS ACTION LAWSUIT NEEDS 7 PEOPLE TO JOIN TOGETHER AND OPEN A CASE IF SUCH EVIDENCE CAN SHOW WRONGDOING WITHOUT REASON FROM THIS COMPANY.
    I have chosen SLATER & GORDON to look into this case NO WIN NO FEE if i can provide them with at least 7 other cases of Australians in this same predicament who wish to join the fight to re-coupe + compensation on such matters.
    EMAIL ME [email protected]

    -1 Votes
  • Ge
    GEORGE_1 Aug 30, 2019

    Few months ago, I invested about $36, 000 into this binary option platform with the aim of diversifying my trading portfolio. However, with my strict habits of growing my account 300% before taking profits, I never attempted any withdrawals, not until two months ago when I tried to withdraw but all effort was in vain. I called the account manager and explained the situation, he told me i  would be able to withdraw after 4 working days which sounded shady to be very honest.  4days went by, still no withdrawals, I tried reaching out to the manager and customer service line but non of them were reachable till this moment.

    -1 Votes
  • Ch
    chikel Nov 01, 2021
    This comment was posted by
    a verified customer
    Verified customer

    Amanda hello.I also hired perfect wallet recovery but still not get from him my profit.Can you contact me please to my email : [email protected] .Thank you.Ariel.I need your advice.

    0 Votes
  • Br
    [email protected] May 15, 2019

    Things have been really tough for me, investing and losing money trading binary options. Until I came across a recovery agent. Who successfully had my money recovered in no time. You can recover your funds also. You can reach me via email

    0 Votes
  • Ge
    generalpp10 Sep 02, 2018

    I have emailed them regarding a currency transaction with no reply, after that the rebate to my account was reduced strangely, I emailed them again with no reply

    They should at least provide explanations to customer email question

    0 Votes
  • Ga
    Gaua Sep 02, 2018
    This comment was posted by
    a verified customer
    Verified customer

    Hi Team,

    Call option on UK100 7500 is blocked for trade since morning dated on 27th December. Can you please fix as soon as possible ?

    0 Votes
  • Ju
    juan585858 Sep 02, 2018
    This comment was posted by
    a verified customer
    Verified customer

    I saemd my Id and FICA dopcument to update my profile in order to start trading. I only get automated mails when I query progress of verification. Surely it cant take 24 hours to verify two documents

    Juan
    [email protected]

    0 Votes
  • Ro
    Robbert1966 Sep 01, 2018
    This comment was posted by
    a verified customer
    Verified customer

    Goodmornimng.
    Sins this morning is it imposible for me to open tho plus 500 app.
    Thay keep telling me that er is a problem with my intenet conexion.
    Bud thats not tru everithing is working correctly.

    0 Votes
  • Lo
    Louie14 Aug 14, 2018

    I am not able to withdraw my money from this company please help ! They keep referring me to another department saying they will email me.

    I have provided all the information that is needed.

    0 Votes
  • Pa
    Parthee Aug 10, 2018

    Hi Guys

    Today they have decreased my equity by £800 for no reason, how can I file a complain? I have proofs of tranaction and trading activity.. help pleaseeeeee

    0 Votes
  • Ja
    Jane Albert Mar 02, 2018
    This comment was posted by
    a verified customer
    Verified customer

    I opened an account and deposited £3, 300. The account grew and showed good returns. I was offered a higher ranking account with more benefits if I increased the amount to £33, 000. I made the £45, 000 investment to add a further £55, 000 to access a higher return on my investment and my broker stopped picking up my calls, perhaps I got no responses to my mails! I'm so trapped at this moment! I need help!

    0 Votes
  • Al
    alico2018 Feb 23, 2018

    Anyone have been cheated by plus500 and used paypal method to pay money please dispute to paypal and escalate to claim you money back because i have all my money back from escalating with Paypal.

    0 Votes
  • Ju
    Juliet Mcfadden Feb 12, 2018
    This comment was posted by
    a verified customer
    Verified customer

    After weeks of turmoil and sadness that GToptions brought upon me and my family after I lost GBP110, 000. I was introduced to this guys at Geminihacks.com they are the best and helped me recover all of my funds without any hassle in 48hours, I am so happy doing this because I know how many people would benefit from this useful information.

    0 Votes
  • Ha
    Hankwq Jan 26, 2018
    This comment was posted by
    a verified customer
    Verified customer

    so hard to withdraw my money

    i have wait for ten days but it still block my withdraw option

    0 Votes
  • Bo
    Bob thejob Jan 07, 2018

    They should change their name to -500

    1 Votes
  • Do
    Don Stephen Jan 06, 2018
    This comment was posted by
    a verified customer
    Verified customer

    Plus500 is a fraudulent company. I lost USD50, 000 within two months on plus500. I had to stop trading when one of there staff took petty on me and contacted me via her private email and advised me to stop trading on their websites that they are fraudulent and will go after your money whenever you set a stop rule, either she did this because she was leaving the company, otherwise she will be sacked because staff emails are tracked . I am now taking a legal action against them to recover the money.

    I will advise you all that if you have lost money on plus500 urgently click on the link below and contact giambronelaw, they are assisting me to recover my money through a class legal action again plus500. They are doing a class action, which mean a group litigation against plus500. http://www.giambronelaw.com/site/servicesforindividuals/binary-trading-litigation/english/class-action-plus-500/

    Since plus500 is a registered UK trading company, it makes me wonder the part UK government themselves have to play in this by allowing this scammers to be trading in the UK. I guess the government does not care because at the end of the financial year they receive a huge tax payment from plus500, the money scammed from you and I.

    0 Votes
  • La
    Lalah Mar 06, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @Don Stephen Yes, they've registered a London address, however, they're actually based in Tel Aviv.

    0 Votes
  • Th
    Thabz Sep 19, 2017

    Scammed out of 400$
    I requested banking details from the so called "plus500 support team" to make a bank transfer, I did just that with the information given to me... 10 days later the money still does not reflect in my account. after numerous emails to the "support team" im told that I probably deposited to the wrong bank account... I requested the bank account again and all of the sudden the bank details has changed to something completely different. now that's a very big scam alert. careful.

    1 Votes
  • Al
    Ali Naz Sep 18, 2017
    This comment was posted by
    a verified customer
    Verified customer

    Just a bizarre experience happened to me with plus500, I made a handsome profit of $3000 today yes I could not see the prifti was added to my total profit and loss account.. am I dreaming or does anyone have any sort of explanation??

    0 Votes
  • La
    Lalah Mar 06, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @Ali Naz You're either a) on the plus500 payroll or b) you've just started trading with plus500.. give them time!

    0 Votes
  • Ch
    chriswhite150 Sep 14, 2017
    This comment was posted by
    a verified customer
    Verified customer

    I had two open trades today which had both sat at about -£400 overnight and all morning, I had a total maintenance margin of about £800, and another £750 in the account. The trades were GBP/USD and GBP/JPY and pretty much had the same graph. I patiently watched the charts stay pretty much the same over about 16 hours, then I looked at the screen and both had gone up drastically. Excitedly I looked at my open positions only to see they had gone! I looked at the report and one had gone to -£1400 and the other -£900 for about a second, before going up to what would have been thousands in profit.I contacted them to tell them and they just described the margin syste, . The drop was so quick it did not show up even on the tick graph, he had to show me the candlestick graph. This is an absolute fraud as there is no way on earth the markets would have dipped for a single second by such a margin, conveniently just over an amount to kick me out and close my positions before it rose. Absolutely criminal! I have registered a complaint.

    Comments

    0 Votes
  • 50
    +500 Survivor Aug 29, 2017

    Yet another poor soul joins the group of victims. I guess my experience is as follows. Like most I came into this with a great deal of optimism assuming it was legit and above board. After some wins and many loses I kept finding myself wondering why I would loose my money time after time within minutes of making multiple deposits one after the other. Several things would happen where I would submit a short or loss and see it would go the opposite way to which I wanted. No harm no foul can't make money on the first go so I deposit more and same thing happens and again and again until I decide #### it and give up... Then you guessed it, it goes the way I wanted it to go. Now if this was one occurrence then fine but every time over the past 2 years is rediculous I have sank a large amount of cash into it more than I care to admit. The latest robbery was on Facebook where they took several hundred from me while it dropped and all that was left was my last 100 it hovered at bottom end for 2 weeks so I thought #### it it's going to close the position in a couple days so I closed it hoping to salvage my last 50 needless to say I lost that. The gutt punch comes tomorrow when I check and see it moved from 0.10 to a staggering 5.6 to put this into perspective I would have made 2, 500. I was VERY suspicious what were the odds and after my experience how could I have such persistently bad luck by loosing most of my money and making a small amount if I happened to make anything. I am convinced it is a scam and now it will take me 2-3 years to to fix the mess I have put myself in. They are criminals pure and simple AVOID at all cost, because it will cost you all. Don't let your pride get the better of you your money is gone so don't waste more of your money like I did. It is worse than gambling because you don't have a chance. All I can hope is that after this s##t stain of a planet I hope God is true and he looks after us while the devil takes those soul sucking ####s to his dark, sinister and torturous realm forever and ever!!! I would look as smug as they do when they take your money time's infinity muahahaha

    1 Votes
  • Ro
    Rod Scott Oct 14, 2017
    This comment was posted by
    a verified customer
    Verified customer

    @+500 Survivor do you have any clue of what trading is

    0 Votes
  • Ja
    Jack Doff Aug 25, 2017
    This comment was posted by
    a verified customer
    Verified customer

    Have you been scammed by Plus500? Join the class action: http://www.giambronelaw.com/site/servicesforindividuals/binary-trading-litigation/english/class-action-plus-500/

    2 Votes
  • Ka
    [email protected] Aug 21, 2017
    This comment was posted by
    a verified customer
    Verified customer

    I invested with iq options binary brokers in september 16. I initially started with £250. I was allocated a broker called ” daniel sage” after few trading sessions, my balance increased to £700. I was then pressured into investing more, I ended up investing up to £52, 250.00. of pension savings and grants from a few family
    Within 2 months, my account balance grew to £97k. I refused to take their bonus and risk free trades to avoid withdrawals problems down the line. but, unfortunately, I was wrong. these scammers use pushy techniques in order for you to loose money. my nightmares began when I placed £30k withdrawals to take care of my deposit and a bit of profit. as I was chasing my withdrawals I began to receive all sort of excuses: sickness for as long as a week, delays in responding until I never heard from my broker. however, I recovered all my funds august 17. do not fall for this scam. all scam victims can now recover lost funds, all you need is a proof to your claims
    I vowed to expose this fake brokers write me at gmail katiecor44.
    Or copy my contact from username.

    0 Votes
  • Ex
    expressedconcern Aug 20, 2017
    This comment was posted by
    a verified customer
    Verified customer

    READ.

    http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/

    0 Votes
  • Li
    LiveChannels Jul 02, 2017
    This comment was posted by
    a verified customer
    Verified customer

    My advice people to do not trade with this company im made a big miatake where I keep funding my account every margin call and I keep losing I trade over one year with this company I never get back the money its looks likr some one play with the atform I front of u and if u sale they put the price high where I read that they have rights to play with 3 dollars up and down and as u know the cent effect the position if they change the price up to 2 dollars thats mean positin and stop lose will work

    Im a stupid fuy where every time I lose I keep funding my account
    Now after one year I decied to uninstall and close my account first I lost 2000us dollars and I tried to recover after 7 months after I learn very good about trading and again I lost

    Sometime price hang if u are making money one price go down syatem work u cant close the positions sometime

    My advice stop trading and go for something better

    Quit like me

    Bye

    0 Votes
  • El
    Elexonic Dec 28, 2016
    This comment was posted by
    a verified customer
    Verified customer

    They force me to sell (8 days before closing time!) :
    We are hereby providing you with notice that the trading instrument thrombogenics stock cfd will be removed from the plus500 platform on 28.12.2016 and will therefore no longer be available for trading.

    Please proceed with closing any open positions you may have on the thrombogenics cfd within the next seven days, no later than 27.12.2016, as the specific instrument will subsequently become unavailable.

    Any positions on the thrombogenics cfd that continue to be open after 27.12.2016 will be closed by the company at the last available market rate prior to the position’s closure.

    The closure of positions on the thrombogenics cfd by the company is executed as a direct result of the constant low trading on thrombogenics.

    1 Votes
  • El
    Elexonic Dec 28, 2016
    This comment was posted by
    a verified customer
    Verified customer

    @Elexonic I need a lawyer

    0 Votes
  • St
    steinetakorgroovy Oct 17, 2016
    This comment was posted by
    a verified customer
    Verified customer

    Be very careful with Plus500. They make their own rules that only benefit Plus500.
    Even if the Stock is going upwards - you will loose Your Money. Your acccount will expire. This happend because they can see you are New to trading.

    hansy

    0 Votes
  • So
    Sofia101385 Sep 19, 2017
    This comment was posted by
    a verified customer
    Verified customer

    I am being scam by the email u have me

    0 Votes
  • Tr
    Trident7 Jun 18, 2016

    Used plus 500 only once on real money. made one deposit via debit card. the next day two further deposits of exactly the same amount had been transferred from my bank account and deposited into my plus 500 account - the method was showing on my bank statement as via card. I emailed them demanding the money be refunded. it was shortly afterwards. but this wasn't a computer error, or anything automatic. a person was obviously responsible for actually transferring that additional money to my plus 500 account without any consent. I closed my account and reported this as a security incident to my bank, who thought it serious enough to replace my debit card with a new one, different security details etc.

    0 Votes
  • Ly
    LYNSEY1975 Mar 14, 2016

    I am learning that hard way that this company are scam artists.
    Very happy to take my card payment numerous times without any id required. now I am trying to change my account into my married name and they have locked the account so I cannot trade and are repeatedly rejecting the documents I send them in order to hold my funds without me being able to access them.
    Avoid this company at all costs

    0 Votes
  • Ib
    Ibwt Feb 08, 2016
    This comment was posted by
    a verified customer
    Verified customer

    This is new latest silliest mail they sent me regarding my complain at not closing my positions on stop loss,

    "Note that this stop loss is free and therefore not guaranteed"

    Can you believe this, Since it's free it's not guaranteed !!!

    Comments

    0 Votes
  • Gi
    Gioa Feb 08, 2016
    This comment was posted by
    a verified customer
    Verified customer

    You should know: According to the User agreement, you have accepted that this company can give you ANY price they want. Their prices have NOTHING to do with market. .. and by opening an account and accepting their term and conditions in the user agreement, you have given them a license to rob you blind.
    I have warned everybody and I have described in detail what they are doing. Rest assured, this is not a bucket shop but a criminal entity and they have managed to legalize their fraud.

    0 Votes
  • Gr
    Graham Paton Feb 08, 2016
    This comment was posted by
    a verified customer
    Verified customer

    Do not go near this bucketshop plus500... I had three small trades running with three brokers. two brokers closed my trades at stop loss. plus 500 closed my position 103 pips lower. they explained they could not close my trade at my stop loss. tiny trade and it was eur/usd, the most liquid pair.. their regulator is looking in to it... stay away from plus 500

    0 Votes
  • Gi
    Gioa Nov 23, 2015
    This comment was posted by
    a verified customer
    Verified customer

    Just in general: For much longer than a year, I have warned people that this is one big scam and fraud. Seems it didn't work.
    Now the FCA has forbidden the take over of Plus500 by PlayTeach... you wonder why, right?
    Maybe finally the authorities have caught on...

    0 Votes
  • Ib
    Ibwt Nov 23, 2015
    This comment was posted by
    a verified customer
    Verified customer

    Hi there, I got scammed by this plus500, took me time and money to figure out that their software is just bogus money stealing apparatus, I have screen shots, documenting that they close my positions not at the limits set by me and as well a screen shot of bogus market movement, that didn't happen at Nasdaq, I am planning to do a complain and bank charge back, I saw here some posters offering to message to those scammed like me to help. Please message with info. I am also wondering if any of you had luck with bank chargeback ?

    Regards

    0 Votes
  • Za
    Zabi D. Nov 17, 2015
    This comment was posted by
    a verified customer
    Verified customer

    Hi everyone,

    I'm glad I read all of your comments as I was on the verge of depositing money on my plus500 account. Reading most of the comments dated from the end of 2012 to last one posted on Novembert the 9th 2015 by Jue1970, I can safely say now that they are indeed scamming people from their money. I hope these criminals will be brought to justice. I will keep reading this section to see where all this goes. If someone can keep me up to date please let me know.

    Cheers

    0 Votes
  • Br
    Branden M. Ibarra Nov 02, 2015
    This comment was posted by
    a verified customer
    Verified customer

    I think the ivory option better than plus500. first time, I used plus500. plus500 seems to be very critical & many times give fake signals to me. then I got the information about ivory option click here > (http://po.st/ivoryoption) from my friend. after knowing the service of ivory option, I analyzed and just $270 deposited it. now ivory option gives me a much better profit than plus500 across my desire. the plus500 give me 10%-15% profit beside ivory option gives me 45%-70% profit till now. nowadays, in only 3 days my profit is $1865+. ivory option has a great customer support also. to you know more detail information, go to the ivory option official site-: http://po.st/ivoryoption

    0 Votes
  • Du
    DumbTrader Sep 03, 2015

    I have lost a substantial amount of money and although I feel like it is a scam, I have at times been extremely successful. I invested £1000 and through inexperience I made numerous losses which resulted in me adding more and more, eventually losing around £6000. I did some homework and invested a further £1000 and in just over one week I had £19000 in the account. My BIG mistake was not stopping when I was ahead and not selling the losing shares when I had the chance. I watched them go down and down thinking they will go up again. But they didn't. No one forced me to keep them. No one stopped me from selling while still in profit. . Eventually I was again out of pocket. Maybe dark forces at work, but maybe it is more to do with our greed and stupidity.

    -1 Votes
  • Mo
    Mosses Aug 27, 2015
    This comment was posted by
    a verified customer
    Verified customer

    I have asked to withdraw my money but always with a lot of excuses. I have submitted all the necessary documents required. I can assume now that they want to steal my money. therefore, I am preparing a complaint for investigation in sweden. this is the only way to stop them from stealing more money. these hungry people should be punished.

    0 Votes
  • El
    Elbonias Aug 24, 2015

    After losing $21, 000 to plus500 through poor money management, lack of understanding the 'market' of forex, completely stupid position sizing and basing my trading on my own interpretation of the 'market' rather than using good money management, appropriate position sizing, and quality reliable indicators and 'signals' that truly give a retail trader and edge over the majority of traders, I have come to realise that plus500 is not totally to blame for my lousy trading! in fact, I managed to get back $7000 from plus500 recently, after believing the account was completely lost and I had lost everything. strangely, there were still two live trades in the account two years later (facebook and kpn) which had grown in value. unfortunately, my original investment was 800 shares of facebook at about $25 which I had been margined out of and lost, two years ago. but, apparently 50 shares remained. over the past two years, these shares grew in value to $90 per share, and I was actually able to withdraw the profit from my plus500 account. more importantly, during the recent enormous spike in the euro and the collapse of the usd toilet paperovervaluation since the beginning of this year, I not only had insufficient margin in my account, at one point my account had a negative balance. it almost cost me the account three times (even though my position is very small, not even 1 lot, due to the extreme volatility). I must commend plus500 on not margining me out even though they easily could have; and I retract my previous negative comments. however, I still maintain that plus500 does appear to manipulate the price to whatever is advantageous to them (for example, betting directly against the client) but this is more likely because they are part of the syndicate of mafias that control the retail forex 'market' and, not because, they themselves, are any more evil than, say, fxcm or xm. while my saga with plus500 is not over yet, and I do expect to lose the account due to their trading directly against clients (yes, it is part of their account agreement: they state in black and white that they are the principal on both sides of all 'trades' meaning they set the price to buy and the price to sell... and logically, the client has *almost* no power to trade to win — since plus500 can always borrow much more money to waste its clients, than a lowly retail client can) but, I do want you all to understand that plus500 has been more than fair to me regarding liquidating my account during high volatility (even if they themselves created the volatility or were part of it!); and in giving me my money when requested. do take note of this; and, especially, my comments about how lousy a trader I am, and how I have now significantly improved my trading and I am making money.

    0 Votes
  • Xo
    XoXo_ Aug 05, 2015

    Hello,
    I already complained about plus500 on jult the 17th.
    And as of today, my account is simply removed from plus500.

    So I deposited 100 euros, I never had a verified account, only traded with the demo account before I deposited the 100e, and now account removed.

    Comments

    1 Votes

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