Banc De Binary & Titan trade are a SCAM!

Good Luck with that.
I would suggest already checking with your credit card provider if you can cancel the transactions.

In addition, you should collect all your correspondence with them. If they don't pay you back you always have the "option" of filing a complaint with Cysec(at least for bdb)

Good luck again!

I agree with him Markets World is your best bet... Specially if you were scammed then you can see what an HONEST broker as honest as one of these guys are will be like lol.. Their segregated bonus structure is very nice. Basically its the only kind of bonus I would ever recommend where the funds are separate and do not effect your deposit. You never have access to the bonus funds till the requirements are reached, then its moved to your account where its fully withdrawable...

I've always thought that Bbinary was legit, at least the website seems ok and they are regulated... Oh well, im glad i've bener signed up with them..

I just signed up with MarketWorld because of the ads here, but I had heard good things about Banc de Binary on a number of sites. But I just read the TOS for MarketWorld. Even though they're "regulated" on the Isle of Man in Great Britain, the specifically state they are a gambling site.

So why are they recommended?

I'm new, and from Canada, so I have a lot to learn but Binary trading isn't illegal here, it just isn't regulated here.

I would stay away from most spotption based brokers such as Banc De Binary which has one of the WORST reputations in the industry and even was SUED by the U.S. also the highest number of complaints of FRAUD of any binary option broker is what they are now known for.

TitanTrade are a scam organiztion. I am having a great deal of trouble getting them to return my deposit of $10,000 US. What can I do? Can Cysec
handle the complaint?

binaryamusement said:

I thought Spot Option was just the software interface? or is there something more sinister here that I have missed?

Yep you are missing. Spotoption is not just a technology provider but promotes the behavior of their scam brokers.
I personally know of a developer who use to do some IT work for one of the brokers. He was implementing changes and doing a lot of 60 sec testing trades.For him they turned out winners.Now hears there interesting bit. 60 sec trading was disabled on the platform not by the broker even though he has the function but by Spot themselves.They were not aware he was trading demo money.Even worse the broker themselves did not know that 60 sec trading had been disabled until some customers started complaining. Then the broker sent a very angry letter to spot option demanding they return the function. But before they could spot wanted an explanation what was going on because as to put init their words it was "hurting the market".

You see spot option sees winners as being dangerous to their white labels because if the label is honest and pays there is the danger that Spotoption itself might no receive their money from the white label for technology hired, Yes the white labels either pay a fee every month to Spot for usage of the platform or they have to share profits according to volume or other agreements.So for Spot option it is in their interest that their white labels produce losers or that why they will never stop white labels from using their tech even though they are aware they are scammers.

For your interest Spotoption was a broker before it became a technology provider. They are the real house here.

(Stay away from lan baker from titantrade)

I was conned for $40000 from Titantrade I moved on but found I am really
angry, I sent them an email expressing my disappointment and asked that
my account be closed, they replied with a whole lot of speel, when I
have finished unloading my frustration here I will reply with a huge
broadside and finish on saying that I have been veiwing articles said
about Titantrade on Binary option watchdog which I have added a few not
so pleasent comments myself.They got my account up to $15000 and said we are going to make some big
money now, promised to make $30000 from this trade made only $2000My account is now $17000 they made 4 trades $5000, $5000, $5000, and
$2000 all on gold I was told money in the bank lost all, funny thing is
when I placed the trades on there recommendation the payout came up as
zero on all previous trades you can see the payout amount if the trade
was successful I ask amount this and they told me not to worry this is
normal I thought ok you trust themTitantrade scammed me and I wish I knew about you guys before joiningCheers guys keep up the good work