$7,128 Lost due to a Payout Withdrawal Delayed for 18 Months

It is important to be alert and focused when trading forex. Theres so many potential scams everyday and everywhere that you get scammed easily.

Recently, WikiFX team received an investors complaint against Binary Options, an investment platform based in the UK. The investor claimed that she was misled and scammed by this illegal broker and lost $7,128.

The nightmare started when she registered an account at Binary Options in 2018. Then she met a FX/CFD trader of Binary Options, named Anthony Cole on Facebook. According to Anthony, the investor will get $2,190 in seven days if investing $300.

The investor's chat history with Anthony Cole

The investor therefore started to invest on the trading platform Binary Options and gained some profits at the beginning. But when she wanted to withdraw the profits, Binary Options asked her to pay 10% commissions ($1,304) first.

“I have started this very PROLONGED withdrawal since November 2018. To date, I STILL NOT RECEIVE even $1 from Binary Options.” The investor said, “Binary Options team and Anthony Cole endlessly asked me to pay too much fees even if the errors in my withdrawal process were not caused by myself. I tried to compromise and paid as they requested. But they never returned my money withdrawn.”

The investors deposit and withdrawal history

Per investigation, we found that Binary Options is rated at only 1.12 on WikiFX App. According to the latest risk warning, this broker currently has no valid regulatory status. Please stay away from it!

The score of Binary Options is only 1.12 on WikiFX App

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