12% GUARANTEED SAVINGS PROGRAM AT CHERRYTRADE -Please advise

BKKBob

Hi guys,

I was trading with Cherry Options and basically, one of the account managers offered me to invest 10k with guaranteed investment protected. I then told him to send me the contract so I can look over it.

The contract states this



He says the minimum return guaranteed would be 12% monthly which doesn't seem to unreasonable.

Can someone please advise if this could be legit? I know Cherry Trade are a reputable company.

Thanks a million,

Bob

Okane

Hey, Cherry Trade a reputable company? Where did you get that from?
They have been involved with lots of autotrader scams and have lots of complaints
not to mention warnings from authorities.

Check out recommended brokers instead:
http://www.binaryoptions.net/brokers/

Have you even googled them yet? Everyone is trying to get their money out
and it's like getting blood from stone.
http://forum.binaryoptions.net/discussion/2941/got-scammed-by-cherry-trade-for-20-000

And that is a bonus do not accept bonuses from brokers like these, they use it
to never let you withdraw.

The_Geek_MH

here are some questions you should ask.. first, 12% of what? what is he guaranteeing? That you will make profits? If he is then he is lying to you because no one can guarantee that. The next issue I have is that the risk free trades sound neat at first, but all they really do is lock you into bonus money because that is what the "risk" free really means, if you lose they will give you bonus money to replace it, not your money back.