The rise of the binary market has attracted many con artists to the foray, and they start even before you open your account. In order to understand whether the brokerage site you are visiting is genuine or a fake, you must have some basic knowledge about how these scams work?
This is the first type of scam artists. Once you enroll with such brokers and make a deposit, and try to request a withdrawal, you just can't. Sometimes, such brokers go even step further and calls you up to deposit further funds to initiate the withdrawals by making some nonsense argument of how beneficial it is to deposit further funds to your account. Then, the nimble trader request for withdrawal which is now repeatedly denied, your phone calls go unanswered, and your e-mails to the customer support start bouncing. All your attempts to get your own money goes in vain with some point in terms and conditions or having no one in the organization to listen to your requests. Then only you realize that you have been conned, while, the realization would not have cost a million but surely few hundred dollars.
I first got a call from a trader in March 2017. Less than a year later, through a very calibrated process of baiting me with phantom profits, and matching my losses, I was in over $600,000. And they did put me in touch with a broker. He told me there was an insurance that they get on them, every trade that we do that's secured, he will put in there that it's an insured secure trade. Ah, and then that particular trade, I won't lose any money on if we lose. Okay? But the catch is, you have to bring in an additional $20,000 in order to get that secured trade status on your account. Once I hit a certain profit level, I tried to remove money from them. That's when they denied me being able to take out my own money. I had to actually have 20 times that amount before I would qualify for, withdraw any funds. That's when I came to the realization that there was something wrong here, and that I reached out to the WWW.OXPAHAT.ORG for help. The oxpahat.org received many phone calls like these. It became clear that this scheme was big. They told me In terms of customers receiving restitution, in these types of frauds, it's very difficult.
I was bankrupt but luckily one of the officials i met at and was in regular contact with linked me up with a lady who got help from *******@oxpahat.org she retrieved her money back from the same binary options company.