24Option Broker Forum Discussion
Comments
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Hi everyone, Good to know.
Recently there has been growing interest in cashback or various insurance deals for binary options, and this growing trend has spawned a variety of service providers such as Binary Options Cash Back sites offering real and profitable ways to minimize your risk when trading binary options. If you ever had the feeling the brokers are winning too much it’s because you are correct. The game is stacked in their favor and you need some protection, cashback is becoming a prevalent tool in the battle against the broker.
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Sorry, my intend was not to spam ( as you can see I didn't post any link and no email address is visible in my profile), just to notify traders about this opportunity. This programs can help a lot new binary options traders. You don't have to be from Cyprus to be affiliate of binary options brokers, as this website is an affiliate website for binary brokers, right? . Your answer is not relevant at all about this. Anyway, I will not "spam" the forum again, if you consider my post spam. Have a good onelotzofbotz said:Please don't spam the site with cashback offers as you are from Cyprus and likely affiliated with brokers and such. If you post again about this subject I will have to ban/remove you. So just don't do it as the forums are for discussing trading ideas and to be generally informative to the public, thanks for your understanding!
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I just opened account with 24Option. So do they require any special phone calls or "voice" verifications before they process withdrawals? I know that other brokers need this. What kind of difficulties can they give me? I never accepted any bonus, so there is no 30X hurdle I need to pass.
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they will call you non stop, just send in your verification paper work try and stay email only with them.
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I was recently offer a very sweet risk free trade, they inform me that the trading volume to be able to withdraw the funds will be 100000€ and they will have in to acount my exinting 85000€ trading volume wich sound like a win win situation.
Here are the terms.
Freerisk of 30,000 EUR deposit:
Up to 75% of the capital will be able to be traded in the NFP 06/05/16 and in case of losing the money the amount invested will be returned into the account plus the revenue the account was supposed to have in that specific trade reaching a volume of +100,000EUR according to the terms already stablished beforehand with Daniel Mu and Vinny Michaels. Counting the actual turnover
Freerisk of 50,000 EUR deposit:
Up to 83% of the capital will be able to be traded in the NFP 06/05/16 and in case of losing the money the amount invested will be returned into the account plus the revenue the account was supposed to have in that specific trade reaching a volume of +100,000EUR according to the terms already stablished beforehand with Daniel Mu and Vinny Michaels. Counting the actual turnover
Freerisk of 70,000 EUR deposit:
Up to 100% of the capital will be able to be traded in the NFP 06/05/16 and in case of losing the money the amount invested will be returned into the account plus the revenue the account was supposed to have in that specific trade reaching a volume of 100,000EUR according to the terms already stablished beforehand with Daniel Mu and Vinny Michaels. Counting the actual turnover
In addition the account will be able to receive the most important trades monthly if the investment is plus +100,000EUR free risk included.
Terms and conditions only for Marco Marin until 29/04/16.
When turnover reached the balance will be available for withdrawal.
***If the reliability of the trade goes down the company will save the right to cancel the trade and save the terms for another one***
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At the end of the messege they also writte this .
Information contained in this email is not intended to constitute an issue of, an offer of, or an invitation by or on behalf of Rodeler Ltd to purchase or sell a financial instrument and does not take into account your personal investment objectives or financial situation. Rodeler makes no representation and assumes no liability to the accuracy or completeness of the information nor for any loss arising from any investment based on a recommendation, forecast or other information supplied from any employee of Rodeler Ltd, third party, or otherwise. General Risk Warning: Trading in Binary Options and CFDs carries a high level of risk and may not be appropriate for all investors. It is possible to lose all of your invested capital so you should not invest money that you cannot afford to lose. For more information about the risks involved, please click here
It say that this messege is not a offer and that the company is not reponsible for any losses.
What do you think guys.
I also send it to Cysec before i do any moves but they take ages to answer.
Any info guys. -
I completely agree. I registered at 24Options but - thank god - didn't deposit and will not do so.lotzofbotz said:It is a bad Joke 24Option is too big of a company to be allowed to do business this way. This is 100% CRIMINAL and in the future as more bin brokers in Israel get raided are going to be the #1 contributing factor... Scam behavior like this has to STOP...
The scam maestro of binary options, Julian Wong, has now officially teamed up with 24Options.
That's the moment I realized how scammy they are. In a video on Mr. Wongs youtube channel you can
see a representative who is acting as crooked as he looks. Stay clear!
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mary054 said:
Quitting binary option and pausing your trading with the markets basically because of recent failures? Well I was at the verge of giving up but on the other hand I understood that giving up wasn't an option. Only then did i meet my breakthrough, I meet this professor of mathematics whom offered me all I needed whom I now consider to be my mentor. Thus giving me directions an focus and today I have device a means which has earned me so much profit beyond my imaginations. Well if you are faced with same challenge, here is your breakthrough. With a very small investment, you could make a great fortune...the secret isn't far fetched. If you desire this breakthrough feel free to connect with me:marywillams054
@gmail.com
really? How could i not fall for that?
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Well, I might be too late considering you said "the deal is valid until 29/04/16".MarcoMac said:At the end of the messege they also writte this .
Information contained in this email is not intended to constitute an issue of, an offer of, or an invitation by or on behalf of Rodeler Ltd to purchase or sell a financial instrument and does not take into account your personal investment objectives or financial situation. Rodeler makes no representation and assumes no liability to the accuracy or completeness of the information nor for any loss arising from any investment based on a recommendation, forecast or other information supplied from any employee of Rodeler Ltd, third party, or otherwise. General Risk Warning: Trading in Binary Options and CFDs carries a high level of risk and may not be appropriate for all investors. It is possible to lose all of your invested capital so you should not invest money that you cannot afford to lose. For more information about the risks involved, please click here
It say that this messege is not a offer and that the company is not reponsible for any losses.
What do you think guys.
I also send it to Cysec before i do any moves but they take ages to answer.
Any info guys.
Anyway, what do you know about news trading, especially the NFP?
Are you already making good money trading the news?
If not, who is going to trade that for you, the broker? Remember the very important rule: "don't ever let brokers or anyone else trade for you"
Also, bonus terms and conditions can be changed at any time.
IN general, if you want a good experience with binary options, just do your own business. Learn how to trade and then trade your own account
and when you make money withdraw. End of story. The soon as you start to get involved with brokers, "good deals", autotraders, signal services and other BS we will see you coming back here with complaints.
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Absolutely agree with Okane. Almost all the binary options horror stories revolve around putting others in charge or your trading. 24Option have "account managers" who will happily take your money (under the pretence of trading in your best interests....).
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I think that 24Option is taking big steps to become a scam-listed broker on binaryoptions.net. Anyone that disagree with me?
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How are the servers running, guys?
Am I the only one experiencing issues in Europe?
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With 24Option, today? No, not that I have noticed.MariusTitulescu said:How are the servers running, guys?
Am I the only one experiencing issues in Europe? -
US has banned BO, at least offshore BO. Only Nadex is available in the US as far as I know.steve06 said:
24 Option is not well licensed under the US Government..ninja_bodotnet said:Hey Mifune, I see that there too but have double checked with 24option and US residents are still not permitted to join
So it's not even about being regulated or not, a BO broker should not allow customers on their platform
that are from the US. -
The CFTC regulates just two US operators, Nadex (review here) and CBOE.
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Good thing I visited this forum. I was about to put my money in 24options. They are indeed pushy for me to put money. Any advise on what better company should I deal with?
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omg, if binary can be THAT dangerous, i'm not sure that it is really for me. just started reading on it yesterday, keep researching and so on, you know, wnat to be fully prepared for what is coming, but this is just UNBELIEVABLE. Lokeni man, really sorry for you, but now I think it helped me to get a full understanding of what's going on in in this world.
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you just have to be careful and pick a decent, respectable broker.
http://www.binaryoptions.net/brokers/
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IQOption. They never asked me personally to deposit any money. Most reliable binary broker I have every traded with.sexycool said:Good thing I visited this forum. I was about to put my money in 24options. They are indeed pushy for me to put money. Any advise on what better company should I deal with?
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no pushy managers?Closingbell said:
IQOption. They never asked me personally to deposit any money. Most reliable binary broker I have every traded with.sexycool said:Good thing I visited this forum. I was about to put my money in 24options. They are indeed pushy for me to put money. Any advise on what better company should I deal with?
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My one is not pushy at all. Last week I sent her an email with a number of questions (quite few) - she always calls me and discuss everything in detail. But Since I opened an account they never asked me for any money. On the other side. I have an account with 24option and they like calling me every day, even if I have significant amount of $$$ in my account.reaper said:
no pushy managers?Closingbell said:
IQOption. They never asked me personally to deposit any money. Most reliable binary broker I have every traded with.sexycool said:Good thing I visited this forum. I was about to put my money in 24options. They are indeed pushy for me to put money. Any advise on what better company should I deal with?
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All EU CySEC brokers are going through major changes right now. the regulators, including EMSA and MiFID, are sticking it to them when it comes to bonuses and practices in call centers, managers etc. Plus, the EUROBOA has just organized, the European Brokers Association, and they are going to enact best practices and other measures to prevent fraud and other things like pushy account managers.
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In other words, they all have to comply with the conduct of business rules of the EU host country. (to where they passport (sell) their services under MiFID to other EU member states). Israel also going hard on brokers, finally. I really hope that all brokers on the Spot Option network will be shot down. I actually dont understand why people trade on spot option platforms. The entire system is rigged. I am personally in love with IQoption. I have absolutely no complaints against them. Slick platform, very good managers, always there to help, high exposure, excellent payouts (plus I get few extra percentage as I hold a VIP account), and the only broker I know who lets you to reject bonus after you took it, even if you traded.The_Geek_MH said:All EU CySEC brokers are going through major changes right now. the regulators, including EMSA and MiFID, are sticking it to them when it comes to bonuses and practices in call centers, managers etc. Plus, the EUROBOA has just organized, the European Brokers Association, and they are going to enact best practices and other measures to prevent fraud and other things like pushy account managers.
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I am a little sceptical about this at present. Should Banc de Binary really be telling others how to behave? They could sort their own issues out first. Likewise if Spot Option want to clean up binary options, they could start by shutting down scam operations on their platform. I hope I am wrong, but with the firms involved, I want to see actions, not words.The_Geek_MH said:All EU CySEC brokers are going through major changes right now. the regulators, including EMSA and MiFID, are sticking it to them when it comes to bonuses and practices in call centers, managers etc. Plus, the EUROBOA has just organized, the European Brokers Association, and they are going to enact best practices and other measures to prevent fraud and other things like pushy account managers.
They also mentioned binary options could be "self regulated". I think not. It needs strong regulators, nothing less. Lets bring binaries into the mainstream and treat them like the rest of the financial sector. -
Hi I've opened an account with 24options with $400 initially, then I received a call from an account manager who stalked me to deposit more money and convinced me that GBPUSD will move 2400 pips down and if I open 100lots with $100000 I can make more than million in very short time. I've informed him that I'm totally new, he said don't worry he has several years of experience in forex and will help/guide me step-by-step to increase my account. He advise me to open 50 lots with $50000 in account and pressurized me every day by calling 4-5 times to deposit more to open more trades as he mentioned repeatedly that Its shame for me to have the smallest investment for the event of brexit Artical 50 release. When I deposited another $50K, he asked me to close all current trades and open 100 lots with 200% leverage. When there were margin calls, he advised me not to close the trade, which is why I've lost all of my money and I'm in deep depression with credit card overused. As he was aware that I'm new to this he took advantage of my lack of knowledge and advise me to risk all my money in one trade. From day one he was setting me up to loose money.
Now they are asking me to either borrow $40,000 or sell my house to recover lost money.
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Hey mate,Trade101 said:Hi I've opened an account with 24options with $400 initially, then I received a call from an account manager who stalked me to deposit more money and convinced me that GBPUSD will move 2400 pips down and if I open 100lots with $100000 I can make more than million in very short time. I've informed him that I'm totally new, he said don't worry he has several years of experience in forex and will help/guide me step-by-step to increase my account. He advise me to open 50 lots with $50000 in account and pressurized me every day by calling 4-5 times to deposit more to open more trades as he mentioned repeatedly that Its shame for me to have the smallest investment for the event of brexit Artical 50 release. When I deposited another $50K, he asked me to close all current trades and open 100 lots with 200% leverage. When there were margin calls, he advised me not to close the trade, which is why I've lost all of my money and I'm in deep depression with credit card overused. As he was aware that I'm new to this he took advantage of my lack of knowledge and advise me to risk all my money in one trade. From day one he was setting me up to loose money.
Now they are asking me to either borrow $40,000 or sell my house to recover lost money.
I think its time to start using your own brain instead of relying on others, especially account managers, cause look in what deep shit it has already took you. Do not borrow any more and definitely do not sell any property to continue trading, cause no offense, but you clearly have no idea how do it. The best way will be to try and get back at least part of your losses with a professional help from your lawyer and special organizations.
If you succeed and decide that you still want to do it, learn how to do it first on demos, bo forums, skype groups and never go with all your have in one trade or allow anyone else to trade for you. Do you really think that anyone except for you want to see you win? -
That sucks. Yeah we all get offers and advertisements like that, all the time and from different sources. What's important is toTrade101 said:Hi I've opened an account with 24options with $400 initially, then I received a call from an account manager who stalked me to deposit more money and convinced me that GBPUSD will move 2400 pips down and if I open 100lots with $100000 I can make more than million in very short time. I've informed him that I'm totally new, he said don't worry he has several years of experience in forex and will help/guide me step-by-step to increase my account. He advise me to open 50 lots with $50000 in account and pressurized me every day by calling 4-5 times to deposit more to open more trades as he mentioned repeatedly that Its shame for me to have the smallest investment for the event of brexit Artical 50 release. When I deposited another $50K, he asked me to close all current trades and open 100 lots with 200% leverage. When there were margin calls, he advised me not to close the trade, which is why I've lost all of my money and I'm in deep depression with credit card overused. As he was aware that I'm new to this he took advantage of my lack of knowledge and advise me to risk all my money in one trade. From day one he was setting me up to loose money.
Now they are asking me to either borrow $40,000 or sell my house to recover lost money.
understand you don't make money with zero knowledge and effort and when you understand that you start educating yourself.
A few minutes of Google searching on account managers would have exposed that they are in a conflict of interest with you!
In fact, if you even read their own terms and conditions they say they are in a conflict of interest. But people want quick money and
no effort so you also end up losing quick. Of course it's still wrong from their part to pressure people into depositing and trading but
again, people need to really calm down and ask a few questions and do some research before throwing away such huge sums because someone
you don't even know on the phone told you to do it. -
Yeah but a bit too late for forums and groups now. Only group that can help now is group therapy. But the lawyer part might not be a bad idea.reaper said:
Hey mate,Trade101 said:Hi I've opened an account with 24options with $400 initially, then I received a call from an account manager who stalked me to deposit more money and convinced me that GBPUSD will move 2400 pips down and if I open 100lots with $100000 I can make more than million in very short time. I've informed him that I'm totally new, he said don't worry he has several years of experience in forex and will help/guide me step-by-step to increase my account. He advise me to open 50 lots with $50000 in account and pressurized me every day by calling 4-5 times to deposit more to open more trades as he mentioned repeatedly that Its shame for me to have the smallest investment for the event of brexit Artical 50 release. When I deposited another $50K, he asked me to close all current trades and open 100 lots with 200% leverage. When there were margin calls, he advised me not to close the trade, which is why I've lost all of my money and I'm in deep depression with credit card overused. As he was aware that I'm new to this he took advantage of my lack of knowledge and advise me to risk all my money in one trade. From day one he was setting me up to loose money.
Now they are asking me to either borrow $40,000 or sell my house to recover lost money.
I think its time to start using your own brain instead of relying on others, especially account managers, cause look in what deep shit it has already took you. Do not borrow any more and definitely do not sell any property to continue trading, cause no offense, but you clearly have no idea how do it. The best way will be to try and get back at least part of your losses with a professional help from your lawyer and special organizations.
If you succeed and decide that you still want to do it, learn how to do it first on demos, bo forums, skype groups and never go with all your have in one trade or allow anyone else to trade for you. Do you really think that anyone except for you want to see you win? -
Dear Trade101:
Very sorry to hear your worst experience just when you are about to enter into this Forex/Binary Option industry.. I was also very surprised on how you are seduced by this irresponsible account manager from 24options.com to put large amount of money to something that you are not even familiar with.. The damaged has been done, yet I strongly suggest that you should never put anymore money or even selling your property to try to recover the loss since the more you put, then the more loss only you will get..
I once tried to open the account with 24options.com, yet luckily I do market research first by finding out about this broker.. Not only this forum, but other forums such as forexpeacearmy.com also FULL of warnings from various people that is being fooled by this broker.. They are still calling me on the phone, but once I know it is from them, I just hang up the phone.. Just simple as that..
I think the the best from this worst scenario for you is just concentrate on the current jobs that you have whilst you are learning basic trading of FOREX and BINARY OPTIONS.. It is not easy but also it is not impossible to earn money from FOREX, yet once again, you will only invest when you have gained profit from demo account.. PLEASE DO NOT EVER BELIEVE ANYONE WHO PROMISED U BIG PROFIT FROM FOREX, ESPECIALLY IF THAT PERSON IS FROM BROKER SIDE.. Do not give up hope, you will find your way.. -
Oh wow, I've spoken to him before and he follows me on Instagram. I had no idea he was a bit fishy. What has he done to scam people?jmerklich said:
I completely agree. I registered at 24Options but - thank god - didn't deposit and will not do so.lotzofbotz said:It is a bad Joke 24Option is too big of a company to be allowed to do business this way. This is 100% CRIMINAL and in the future as more bin brokers in Israel get raided are going to be the #1 contributing factor... Scam behavior like this has to STOP...
The scam maestro of binary options, Julian Wong, has now officially teamed up with 24Options.
That's the moment I realized how scammy they are. In a video on Mr. Wongs youtube channel you can
see a representative who is acting as crooked as he looks. Stay clear!








