Binary Broker
I been using this 24****** for binary trading, I decided to censored the url so not to promote the site.
I think those who trade binary know what company I am talking about.
There this issue going on... initially I am making money with my broker.
I deposit $500, I win to $2000 in like 4 days, using simple methods, I even create a trading system thread at trading system to teach people how to win in binary for free.
Then here this issue came in, as I withdraw out all my initial deposit, my account was revert from Gold to Standard, its okay since its normal procedure.
The account manager told me to keep an amount but I decided to withdraw all, thanks god the withdrawal reach my bank after like 10 days?
Even if I file for withdrawal, it still need my account manager to approve then it will process. *This process alone take around 3 business day* and 5 business day or so to reach my bank.
Okay the main story continue now...
My withdrawal was done, my account is "Standard".. so I start place position again as I left like 800 or so, so I realize I start losing. sometime by fractional pips.
Then I open position, I saw that 0.5 pip or so was add to my initial opening.
Lets say EUR/USD is at 1.3610 now, when I open position, it is price at 1.3616 or 1.3615 , like additional 0.5 to 0.6 pip, and it sucks when volatility is low during the period of time and that fractional put me at a bad odds .
I know its common practice, so I record 2 videos, I sent to my account manager, I din't use picture because he might say price changes all the time or lag or whatever, I record it, clearly, and you know what my account manager tell me?
After few days of investigation from the technical department team, he told me that I need update my java,flash or browser. It could be those plugin issue, I was like what bullshit he saying as I am Grad with Computer Science Degree, and he telling me shit on this. 1 of my video clearly shown that the price did not even change after 5 seconds after I place trade, as the movement was low.
Anyway after the complain, all trades I place on my "Standard" account add 0.5 - 0.6 pips spread, very unfair practice.
When my account was "Gold" and balance was high, there no "additional" spread or whatever, after I start take out all my money, the system start to "add additional thing" to my position.
So anyway be careful of this 24****on broker.
Anyone got broker to introduce for binary trading other than Nadex or IG because they don't have binary option for my country - Singapore due to regulation.
Thanks for reading, I just want share my story and let more people be aware of such bucket shop practice.
I been using this 24****** for binary trading, I decided to censored the url so not to promote the site.
I think those who trade binary know what company I am talking about.
There this issue going on... initially I am making money with my broker.
I deposit $500, I win to $2000 in like 4 days, using simple methods, I even create a trading system thread at trading system to teach people how to win in binary for free.
Then here this issue came in, as I withdraw out all my initial deposit, my account was revert from Gold to Standard, its okay since its normal procedure.
The account manager told me to keep an amount but I decided to withdraw all, thanks god the withdrawal reach my bank after like 10 days?
Even if I file for withdrawal, it still need my account manager to approve then it will process. *This process alone take around 3 business day* and 5 business day or so to reach my bank.
Okay the main story continue now...
My withdrawal was done, my account is "Standard".. so I start place position again as I left like 800 or so, so I realize I start losing. sometime by fractional pips.
Then I open position, I saw that 0.5 pip or so was add to my initial opening.
Lets say EUR/USD is at 1.3610 now, when I open position, it is price at 1.3616 or 1.3615 , like additional 0.5 to 0.6 pip, and it sucks when volatility is low during the period of time and that fractional put me at a bad odds .
I know its common practice, so I record 2 videos, I sent to my account manager, I din't use picture because he might say price changes all the time or lag or whatever, I record it, clearly, and you know what my account manager tell me?
After few days of investigation from the technical department team, he told me that I need update my java,flash or browser. It could be those plugin issue, I was like what bullshit he saying as I am Grad with Computer Science Degree, and he telling me shit on this. 1 of my video clearly shown that the price did not even change after 5 seconds after I place trade, as the movement was low.
Anyway after the complain, all trades I place on my "Standard" account add 0.5 - 0.6 pips spread, very unfair practice.
When my account was "Gold" and balance was high, there no "additional" spread or whatever, after I start take out all my money, the system start to "add additional thing" to my position.
So anyway be careful of this 24****on broker.
Anyone got broker to introduce for binary trading other than Nadex or IG because they don't have binary option for my country - Singapore due to regulation.
Thanks for reading, I just want share my story and let more people be aware of such bucket shop practice.
Learn to Trade is Important. Keep your bias & ego aside.