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?
asked by Sean Walsh· 11d ago