An obvious scam, it states that it does not allow more that units of currency to be withdrawn. Fair warning to you all. There is another scam alert site which mentions that Neo2 and Tech Crunch, as well as a number of other scam signal and binary brokers, are all hosted by the same provider.

Possibly in Israel? My first day, being excited, it traded every signal, stocks, currency and commodities. I had an overall losing rate and the most losses occurred in the stocks and commodities. I won 17 trades and lost 17 trades. I have tried the Auto Trade for short 2 or 3 hour intervals with no trades made. Could it be the the binary brokers are sending account trading information to the signal providers? Without regulation, I can see that happening.

I am going to open an account with Nadex and step into the real world of binary options. Thanks everyone for the updates. I was really excited about Binary options and trading with Nadex, but now I feel so unsure and will probably just stick with growing companies and investing with onecoin.. Sheesh can you trust anyone these days??? If anyone knows about a great binary robot are trading skills that can really work please email me.

I need help here. Thanks in advance. davidconle gmail. I have had the same experience with NEO2 as the above comments, fortunately not much money was involved! But I was well and truly fleeced by a company called OptionFM. They went out of their way to gain my trust. The really appalling thing they did though was to get me to share my screen with them, so that we could supposedly see each other over Skype. What they really wanted to do was get me to withdraw money, so they could see into my bank account, to see how much I had!

I feel like a fool now. Has anyone else had a similar experience and do I have grounds for legal action? There are reasons why they would like to see your computer screen.

But the bottom line is yes, they wanted to know how much and how far they could scam you. The only viable option is to initiate a chargeback if the deposit is by credit card. Hello All, I am on this forum for the first time and I am based in the UK. With my experience so far, I can assure you that there is not broker that does not exhibit some elects of fraud in their operations.

It does not matter whether they are regulated or not. I have tried several brokers and have not found one that could pass the test. The authorities cannot do anything about it because like Tommi said, complaints are scattered so authorities do not have sufficient evidence to work with.

Again, those brokers that claim to be regulated are registered in countries that will make it impossible for law enforcement in your own country to help you. Be Warned! That small group of people continually touting for Money from the others, all of them promoting each other in the process. Mike Freeman slags of Binary Options Robot. Greed on my part? I never got into this to become rich, just trying to get a few quid together — have some financial independence.

Did you see the results of BinaryOptionRobot. Fortunately they are honest and they show that it is losing money. Look at the screenshots in the Binary Option Robot review.

My experience with Automatic Trading Softwares is BAD. I have tried the three supposedly best ones — Binadroid, Neo2 and Copy Buffett. Binadroid — After signing up, an unknown broker tried to collect further funds from my card but was stopped by my bank. Sorted but started trading and encountered an interesting losing streak that halved my bank in a day. Considering that £5 trades are allowed, you can imagine the number of losing trades.

I then observed and saw how the software was freezing up prices and recording winning trades at expiry as losses. So I stopped. Big Scam. Next step is withdrawal or manual trading. Neo2 — Built up bank to £ after two days.

Then it dwindled down to £ Then I caught on and stopped trades after 1 win or 2 consecutive wins after a loss. Bank built up to £ but I guess the software realised and the next 4 trades were all losers.

Bank now £ I stopped too. Copy Buffett — crazy. Lost money on day 1. Made it back on day 2. Then lost even more on day 3. I also manually traded to keep Balance at about £ of starting.

Then two days ago, it placed 4 trades — same currencies, similar strike rates and same expiry. Penny dropped. They all lost. Then I manually made it back again. Luckily the Broker traded on my account without my permission and made £ By the way all the positive review sites must be scams. com, Watchdog, Easytradingsignals. com, Quintup. It seems to be working to some extent. This is one of the big law firm that is currently taking legal actions against a few big and rampant binary options companies.

I have attached the claim form, do go ahead and submit your details, we could possibly take this down the class action road with sufficient victims coming forward, and the legal fees might be significantly smaller than going forward alone.

This will only make sense if it is done as a class action suit, the cost involved for individual suit is not worth it. And the fee should be based on commission from the recovered funds no win, no fee. If upfront fee is involved, then again it is not feasible.

Copy Buffett is just another scam. To some degree we have ourselves to blame. While Binary Options have been around for some time, trading in them as a private individual has only been made available fairly recently. Greed has made many of us jump into this seemingly easy way of making money, after all it is just call or put, up or down, right? Fact is: Binary Options trading is interesting and can be profitable, but it requires that you do your homework, learn and keep yourself informed and adhere strictly to a money management policy of sorts.

You must watch the news daily, read about general politics, market developments, mergers and acquisitions, changes of CEOs, the NFP, the FED, ongoing elections, the list goes on. For last: the scammers target us non-professionals, feeding our desire for extra cash and laughing their heads off how easy many of us fall for some seemingly impressive, fail safe fast track. If you get an offer like Neo2 and see that they try to push you to sign up with a broker of their! choice, not yours, and this broker has no proper credentials or contact details, wake up and drop it!

You would not follow a stranger into some dark side alley just because that stranger is dressed expensively and promises you a stack of free cash if you come along.

You would quickly move away sensing rightly that something is fishy — apply this healthy life saving instinct to those dubious online promises too and you are in the clear.

The Buffetts and Soros of this world have never and would never consider such online offers for a second — why should you? Instead, we must listen to our leaders discuss how they are going to cut our income that is in a trust because we were required by law to have deductions from our payroll to fund this trust account for our future when we can no longer work.

But the chances of the whole company starting work at 6am including the online support staff? So Muddy3, you might be onto something there.

If I assume they are based in Israel, this would make their start work timing to be around 8am, which seemed plausible. There are class action lawsuits concurrently taking part in both France and the UK and which are pursuing the Israeli-based Binary Options scams. Tommi, seeing that you are English-speaking, I think it would be well for you to contact this London-based law firm.

I have also sent this message to your mailbox. Not going to help much. Their time zone is GMT according to their email time stamp. I suppose you noted that I meant not the date stamp of the mails they had sent to you, but the date stamp of the mails you had sent to them embedded in their replies?

Wish I wouldve found this before I invested, now Im trying to pull my money from the brokers and am getting a run around. If you have had any email communication with them, you could compare the time you sent your email to the time received displayed on their email reply. That would hopefully establish the time zone from which they are operating. However I see in their reply that they received it at Next you can communicate with the Israeli authorities to tell them that you are aware that a large number of binary option firms operate from their country the news article I reference is one piece of evidence you could use for this.

You can then go on to ask the question if they have any knowledge of a firm operating by the name of Secured Options trading from their country and explain the scam that has been inflicted on you. If they have evidence that this firm trades from their national territory, then they will have a responsibility to investigate your case as police representatives in the news article point out. They may then ask you to contact your local police authority and then presumably Interpol would chime in.

I wish you the best of success! Such people as the characters you dealt with need to put out of business and their true homes should be prison cells! You could complain to the Israeli security and police authorities as it seems that the vast majorithy of these forex and binary option scam outfits are based on Tel Aviv in Israel see the news article I reference in my post above. The more people who hassle them, the more likely they are to get off their backsides and do something about it.

Slim chance of recovering the money, I have already given up on that. It is painful, but I will not die without that money. I just want to bring attention of their modus operandus to public and prevent more people falling victims.

Anyway, contact me at tommisu hotmail. Thanks Muddy3. I just want to bring their business down and stop them from harming anymore victims. This will help to quell the feeling of helplessness I have, seeing how these scam companies blatantly go about cheating victims day in and day out, and no one can do anything to them. You will also notice from the hyperlink above that its annual tax return is overdue LOL!

I consider myself to have got myself pretty lightly out from this questionable organisation. And in a friendly and amicable manner too. Happily for me, I have learnt my lesson. The worst thing is that a lot of people are blaming binary options. But anything can be abused, you can scam people with investing in art, coins, stocks, whatever… The main problem is that there is a large number of firms operating without a supervision of a regulatory body, so they basically can do anything.

Some authorities prefer to turn away and let binary options in the dark instead of regulating them, which is another problem. And then there are these scammers creating worthless robots every day and scamming people. So in my opinion the solution is to regulate binary options everywhere, just like Forex, stocks or commodities.

It also means regulating the way trading is advertised. Binary options really are a nice trading tool, but they get so abused…. I imagine before then they were based in Cyprus. Basically, if anybody should be stamping down on them, it is the country where their head office is based the UK in my case and so where all the moneys go to.

These are highly dubious money-making outfits and so they should be properly investigated. However as I said to Tommi, another fruitful avenue is to pursue them in the country where their trading floors are in other words, where the scammers actually come from and reside! This is going to prove a huge embarrassment to Israel, and be immensely damaging to their reputation once the scale of this scandal gets into the world news.

Better for them if this comes into the open now, and is properly investigated. Yes, UK is one of those countries that prefer to look away rather then face it and regulate binary options as they do with every other investment tool.

There were some rumours that a new law is being prepared about that, but nothing confirmed. And you can be sure that Bloombex is not regulated anywhere. I have noticed that you said crunch tech is a scam and binadroid robot is a scam which one do you recommend please help me.

I recommend learning and manual trading. I thought this had to be legit as I am in Michael Freemans Facebook group where people are having good success. So I am confused of why Michael would endorse a scam. On 8th April, I was directed to a Binary Trading entity SecuredOptions by signing up ignorantly with an automated trading software called CopyBuffet. As it was the weekend, the operator informed me that my account manager will be talking to me the following Monday. Sure enough, come Monday, a James C.

Bennet who claimed to be the trader assigned to manage my account, rang me up. In addition, he kept selling the idea of getting me into a VIP trading group, managed by a Ben James, which promises higher returns with lower risk.

He threw out suggestions to garner the remaining funds, such as; 1 Borrowing money from my family members, relatives, friends or colleagues; 2 Taking up personal loans from banks or credit companies; 3 Transferring my ongoing investments and fixed deposit into the trading account; 4 Mortgaging my house; 5 Selling my car etc.

In addition, I will start to make regular withdrawals from the trading account. That is when things started going downhill. We had another conversation and I made it very clear to James again, that there will be no more money going into the account from my end. The withdrawal was approved, but then the money was nowhere to be seen as of 16th May. I have requested SecuredOptions to trace this missing fund, so far there is no reply on their end.

The grand finale came on 11th May. This was after all the conversations of me not pumping any more money on my end, and the money need to starts flowing back to me. James placed a total of 4 trades at the exact same time, with 2 of them being on the same commodity. Not surprising, 3 out of the 4 trades were losses. The method of the last 5 trades has shown an unprofessional, fraudulent, manipulative and reckless trading behavior and attitude adopted by James C.

There is a black and white statement stating that all stagnant money in the account, not involved in any trades, is insured. We found all of these present with this software and when we tried to mix strategies using candlesticks charts and bolinger bands, we found out that the performance level was decreasing.

This was a clear indication for us that the software is performing as expected, so that would be something we would recommend you avoid. Is it Free? Scams to Avoid: Our team is constantly monitoring the internet for binary options investment scams and these are just some of the latest we recommend you avoid at all costs: Amissio Formula, Cloud Trader, Trianasoft, Trade Tracker Pro , the Binary Interceptor , Quantum Income Machine , The Free Money System with Walter Green, Insured Profits with Dave and Ginny, Lie Detector Millionaire , Free Money Guaranteed , and Alive in 5.

Additional Recommended Software If you have already tried the NEO2 software and are looking for additional avenues of investing in the form of signals, copiers, and bots, feel free to check out our recommended software section.

Review Conclusions and Recommendations Binary Scam Alerts is wholeheartedly giving two thumbs up to the NEO2 software, App, and Auto-trader, as well as the NEO2 Management team comprising of Dr. Jack Piers, Amit Gupta, and William Van loon.

We salute them on their efforts to develop a genuine, sincere, and honest trading app since we know how difficult this endeavor really is. Still, despite everything we had to make sure this system is legit and not some kind of special case, so we have taken exceptional measures and received a signed letter of compliance from these people which is currently locked and sealed somewhere safe.

We remain steadfast in our mandate to uncover scams and expose fake apps, and will continue to do so as a service to our members and viewers. As always, feel free to contact us through our Facebook group or YouTube Channel and get informed.

Skip to primary navigation Skip to main content Skip to primary sidebar Skip to footer Home About US Binary Scam Alerts in the News Best Signals and Automated Trading Recommended Signals and Automated Trading Services Report a Scam Report a Scam, Get Back at Those Cheaters Today!

Disclaimer, Risk, and Privacy Agreement. Facebook Twitter LinkedIn. Footer Resources Scam Crypto Robots Scam Bitcoin Robot About US Disclaimer.

It is presented by Dr. Jack Piers, PhD. Piers says that Neo2 is a trading software that predict trends with weather factors, it combines binary options trading with solar tracking. The Neo2 presentation is so packed with lies that we even cannot go through all of them.

If it was not a scam, it would be very funny. Predicting binary options trades with solar eruptions is one of the most stupid things we have ever heard. At the beginning of the video you can see quotes about Neo2 from media like the Wall Street Journal or Washington Post.

But these media have never mentioned this system, look at the picture, or you can do your own research. On the Neo2 web site you can see video reviews allegedly made by people from Fast Company, Wired and Technology Review.

But it is all fake, these people have nothing to do with these web sites, none of them has ever published a review of Neo2. In the video you can see Michael Freeman endorsing Neo2.

But Freeman is one of the biggest binary options scammers, his BinaryOptionsWatchDog and other web sites are promoting scams with affiliate links. He is publishing a lot of fake reviews. In reality these are all scams. In the video you can hear the usual lie used by scammers. Because this is the purpose of their scam, they will get paid for every new depositor they refer to their broker.

So you will have to deposit and risk your money with a software that you could not test on a demo. And be sure that this software will lose your money. When we first saw the Neo2 app, we immediately recognized the most used software by binary options scammers.

Look at the picture, they slightly altered the layout, but it is absolutely clear that it is the same app as used by many scams. People are losing money with this software, we have a lot of feedback about this.

If you want to try binary options risk free, do it on a demo account. There you will see that you need to learn trading and build a profitable strategy in order to make money. till today nothing happen, I have filled form while looking to recover my money I came across website Wealth Recovery International, I filled form for consultation,.

I got called from The Offices of Birman Law, she explain like all company working in Isreal. The website was created this year in June and info about their licence is missing.

They provide legal services, so they have to have a licence. Did you go further with Birman Law? I am also thinking about using them but have concerns about whether they are legit. hey i worked with birman law on a case for me and they were good and kept their promise of money back…. now i hired them for another case and hope thwy can be successfull again.

How long was the process with Birman law? Did it take months, and how large of a sum was your recovery? I also know over 20 people scammed by EQT finance.

You will never do better than putting in the hard work and learning to trade yourself. In life, your rewards are often linked to how hard and how smart you work. If its easy and sounds too good to be true, then it usually is. and for one simple reason.

Binary brokers only really make money when we loose its in there interest for us to loose. If you run a business that relies on people loosing to make money, why would you allow software on your platform that is going to put a serious dent in your profits? Think about it! It simply make no sense…. to all reputable people in the group a sincere warning from ever trading with binary option firm called previously pandaoption.

com -changed recently to pandaoptionvip. Fortunately, Tommi either overlooked to remove the negative posts from this blog or the moderator of this blog refused to remove them.

Which is excellent news because this means that everyone who reads that article will be able to cross-reference to this blog to get fuller information I have posted a link to this blog in a comment I made.

MoneyNetInt — coincidentally today or yesterday they took down Lbinary and NRG Binary. By the way nobody asked us to remove comments that you mentioned. MoneyNetInt — Thanks for the update about them. Good to hear about the good Israeli guys fighting the bad Israeli guys and there are far, far too many of the bad ones at the moment using these monstrous Binary Options scams.

The article is wrong. I can guarantee you that the site was gone about 2 months ago. I tried it from the states and a friend tried it from overseas. Unless that was a temporary condition. But all of my friends who had LB accounts noticed their balances changed to zero shortly before that, through no action of their own.

If you check out Tech Crunch, you will find that it is almost identical to Neo2. Weather satellites and all that good stuff. Being a newbie, I signed up with CTOptions. I have not been bothered by any managers to up my stake and I have not attempted a withdrawal. My first attempt to get a Crunch Tech account landed me with Berkley Capital. An obvious scam, it states that it does not allow more that units of currency to be withdrawn. Fair warning to you all.

There is another scam alert site which mentions that Neo2 and Tech Crunch, as well as a number of other scam signal and binary brokers, are all hosted by the same provider. Possibly in Israel? My first day, being excited, it traded every signal, stocks, currency and commodities. I had an overall losing rate and the most losses occurred in the stocks and commodities. I won 17 trades and lost 17 trades. I have tried the Auto Trade for short 2 or 3 hour intervals with no trades made.

Could it be the the binary brokers are sending account trading information to the signal providers? Without regulation, I can see that happening. I am going to open an account with Nadex and step into the real world of binary options.

Thanks everyone for the updates. I was really excited about Binary options and trading with Nadex, but now I feel so unsure and will probably just stick with growing companies and investing with onecoin.. Sheesh can you trust anyone these days??? If anyone knows about a great binary robot are trading skills that can really work please email me.

I need help here. Thanks in advance. davidconle gmail. I have had the same experience with NEO2 as the above comments, fortunately not much money was involved! But I was well and truly fleeced by a company called OptionFM.

They went out of their way to gain my trust. The really appalling thing they did though was to get me to share my screen with them, so that we could supposedly see each other over Skype. What they really wanted to do was get me to withdraw money, so they could see into my bank account, to see how much I had!

I feel like a fool now. Has anyone else had a similar experience and do I have grounds for legal action? There are reasons why they would like to see your computer screen. But the bottom line is yes, they wanted to know how much and how far they could scam you. The only viable option is to initiate a chargeback if the deposit is by credit card. Hello All, I am on this forum for the first time and I am based in the UK.

With my experience so far, I can assure you that there is not broker that does not exhibit some elects of fraud in their operations. It does not matter whether they are regulated or not. I have tried several brokers and have not found one that could pass the test.

The authorities cannot do anything about it because like Tommi said, complaints are scattered so authorities do not have sufficient evidence to work with. Again, those brokers that claim to be regulated are registered in countries that will make it impossible for law enforcement in your own country to help you.

Be Warned! That small group of people continually touting for Money from the others, all of them promoting each other in the process. Mike Freeman slags of Binary Options Robot. Greed on my part? I never got into this to become rich, just trying to get a few quid together — have some financial independence.

com -changed recently to pandaoptionvip. Posted on April 26, by Binary Options Army. MoneyNetInt — Thanks for the update about them. Did you go further with Birman Law? If it was not a scam, it would be very funny. Responsive Theme powered by WordPress.

Categories:

• Binary Options
• Forex Bitcoin
• Forex
• Binary Options online
• Forex Brokers