This is to anyone thinking of joining CT Options. I deposited $1000 about 5 months ago, and although I trade periodically, I pretty much was at $1000 as of about a month ago. I know this is THE Go-To site for people looking for brokers.
1 - I noticed that they manipulate price when you martingale, and are at your 3rd or 4th trade. They did that twice to me. Once in around November they gave my money back (over the 5% maximum trade they allow), and the other time they didn't as it was under 5%.
2 - About 1 month ago, I placed a trade worth $280. I trade off of candlesticks, so this particular trade was based on 5 minute candle, for a 5 minute trade. I ALWAYS trade at the very beginning of the candle (match it to the second). So in my particular case, I purchased a PUT option because I thought the next 5 minute candle was going to go down. And I was right. However, the last 5 seconds on the platform the price shot up, and took me out of the money and I lost. Alex Moreno, who is the WORST rep on the planet, didn't explain why that happened. He basically said theres nothing they could do.
3 - About 2 weeks ago, I decided to play with the binary options replicator thats offered with CT Option. I only replicated $5 trades just in case they were wrong. I replicated 3 traders, all who had win% over 70% and had that consistently for a few weeks. I left it on for the night. When I woke up the next day, 1 out of the 3 traders had made some really bad trades, and I lost over $100. I turned that replicator off and left the other 2 on. I left those 2 on for a few more days, and as I was busy with work, i didn't check on them. I came back couple days later and my account had dropped to $783 (lost over $300 in 2 days). I wasn't surprised, and luckily it was money I could lose. So I decided that this replicator system is likely a scam, and I stopped trusting CT Option. So I TURNED OFF ALL REPLICATORS, and decided to withdraw all of my remaining account which was $783.
Couple days later, I email Alex Moreno to see what the status of my withdrawal was. He said I had no money in my account to withdraw! I was SHOCKED! He said I traded the entire $783 away when I hadn't even touched the platform since I requested the withdrawal. i told him I turned off the replicators, and requested a withdrawal. He hasn't responded to the past 3 emails so this is the best I can do for now.
STAY AWAY FROM THESE SCAM ARTISTS! They'll be good to you in the beginning, but eventually they will EAT YOUR MONEY! My Advice, go to another REGULATED broker thats likely promoted by sites such as this one.
For those who think this might be a fake review, then you can add me on Facebook - Huzaifa Farooq. I had a trading group, which I no longer manage due to work commitments. For all else, you can PM me, I will respond. I can send screenshots of conversations, and screenshots that I sent Alex Moreno, which he didn't respond to.
Thanks and hope people see this before depositing with CT Option.