#binary-options
6 questions tagged with #binary-options
My binary options platform wants a 'compliance deposit' to release funds, is this a scam?
Hey everyone, I'm in a bit of a bind and feeling super stressed out. I've been dabbling in binary options for a few months now, mostly because I saw some ads on social media promising quick returns. Things were going okay, I even saw some 'profits' building up on their platform. The specific one I'm using is called 'ProfitPulse' – yeah, I know, should've been a red flag. Anyway, I tried to withdraw about 7,000 USD last week, which isn't a fortune but it's a good chunk for me right now. They've been stalling for days, and now they're saying I need to pay a 'regulatory compliance deposit' of 1,500 USD to 'prove I'm a legitimate trader' before they can process the withdrawal. They sent me some official-looking PDF about international finance regulations. This sounds incredibly dodgy, but I'm desperate to get my money out. Has anyone experienced this? Is this a standard thing for binary options or am I totally being scammed here? I'm in Port Elizabeth and feeling pretty hopeless right now.
Quotex just closed my account with profits inside, demanding a 're-registration fee' to withdraw. Scam?
Hey everyone, I'm feeling sick to my stomach right now. I've been trading on Quotex for a few months, mostly binary options, and after a rough start, I actually managed to make some decent profits, about 12k USD. I put in a withdrawal request last week, and today I got an email saying my account was 'irregularly terminated due to system security protocols.' They said I need to pay a 're-registration fee' of 15% of my balance to 're-activate' the account and then I can withdraw. It sounds completely fishy, but they're holding all my money. I'm based in Dublin, and I honestly don't know what to do. I've tried live chat, but it's just canned responses. Has anyone else dealt with this with Quotex or similar platforms? Is this a known scam tactic? What are my options, if any, to get my money back?
Pocket Option asking for 'advanced trading license' fee to release my withdrawal? Scam or legit?
Hi everyone, I'm feeling really stressed out right now. I've been trading binary options with Pocket Option for a few months, and honestly, things seemed okay initially. I even made some decent profits. I finally decided to try and withdraw a substantial amount – about $7,000 – from my account. I followed all their steps, submitted ID, everything. Then, I got an email saying my withdrawal was 'pending approval' but that I needed to pay an 'advanced trading license fee' of about $500 before they could process it. They said it's a new regulatory requirement for accounts over a certain profit threshold. This sounds super suspicious to me, but I really want my money back. Has anyone else experienced this with Pocket Option or any other platform? Is this a new scam tactic? I'm in Singapore and feeling pretty helpless. Any advice would be so appreciated.
Binary Options broker 'BinaryTradePro' just froze my account and is demanding a 'premium subscription fee' to unfreeze it for withdrawal. Scam or legit?
Hi everyone, I'm feeling sick to my stomach right now. I got into binary options trading a few months back, thought I was doing pretty well, you know, some small wins, reinvesting. This platform, BinaryTradePro, seemed okay at first. I'd put in about £7,000 over a few deposits, mostly through my Revolut card, thinking it was safer. Now I tried to withdraw a decent chunk, about £4,500, because honestly, I needed the cash. And they just froze my account. No warning. Then I get this email saying my account is 'inactive' due to 'insufficient trading volume' and to unfreeze it and process any withdrawal, I need to pay a 'premium subscription fee' of £1,200. Is this normal? My gut says scam, but I'm desperate to get my money out. What should I do? I'm in Glasgow, UK, btw.
Cyprus-based binary options broker blocking my withdrawals after big deposit, what can I do?
Hey everyone, feeling pretty sick to my stomach about this one. I got into binary options a few months back through an online ad, ended up putting a good chunk of savings, about low five figures, into a platform based out of Cyprus. Everything was going okay, even made some decent 'profits' according to their platform. But now, when I try to withdraw, they're just giving me the runaround. First it was 'technical issues,' then 'compliance checks,' and now they're saying I need to deposit *more* funds to 'activate' my withdrawal account. This feels incredibly dodgy, but my money is just stuck there. I'm based in Cork, Ireland, so I don't know who to even talk to. Has anyone dealt with these Cyprus brokers before? What are my options here? Is my money gone for good?
My binary options broker is demanding an 'account verification fee' to release my small profit, is this a scam?
Hey everyone, feeling really stupid right now. I got into binary options trading a few months ago after seeing some ads, figured I'd try a small amount to see how it goes. I started with like 500 quid, and after a couple of 'successful' trades (mostly thanks to an 'account manager' who kept pushing me), my balance is showing about 2,500. I tried to withdraw a small profit, like 500, just to test the waters, and now the broker is saying I need to pay an "account verification fee" of 300 euros before they can process *any* withdrawal. They're saying it's for 'international compliance'. This sounds really fishy to me. I mean, they never mentioned this fee when I signed up. Is this a common thing? Or have I been completely played? What should I do? I'm in Dublin, and I used my Revolut card to deposit, if that helps.