not possible the binary brokers knows this, they have the odds stacked in their favour, there is no fucking way you even can be profitable with binary options, its no investing, its a casinoI am currently having a huge problem with OptionFM and am trying to get USD31K of MY money back which I invested on an Amazon so called capital protected trade on advice from my Account Manager Steve Silver from OptionFM. He convinced me he deals in recovery trades after contacting me when I had made previous losses with OptionFM when trading with my previous Account Manager Rob Miller.I initially did well on my first trades and on a 8k investment my account went up to 49k but because I had taken out a bonus (which happened very quickly one evening when my account manager said I can get you more money to trade with). I admit my ignorance at the time I took out the bonus didnt help, however when I tried to withdraw my initial stake of 8k it proved difficult. I was unable to get hold of my Account Manager for a week and no one would return my calls. When I finally contacted their Hong Kong office I was told by a woman there that if I withdrew my 8k that OptionFM would close my account as I had not stuck to the agreement which meant I would lose the remainder of the money I had made which at the time was around USD42K. Amazingly that same day I finally heard back from Rob Miller (funny that) who advised me not to withdraw and said he could make me more money. I stupidly believed him because of the earlier trades hed given me had done so well so I cancelled my 8k withdrawal and on his trade advice a few minutes later my account was wiped out from USD49K down to 2 very quickly on 4 currency trades. I was devastated and in hind site had just wished I had taken the 8k and walked away (nothing lost nothing gained).Around two weeks later and still feeling quite depressed I received a called from another Account Manager Steve Silver who very convincingly told me he deals in recovery trades Looking back I know I was in a very vulnerable position when I withdrew my superannuation to trade on theserecovery trades to recoup my losses. I received my superannauation quite quickly because I am over the age of 55.On his advice I invested USD31k of my super on a long term (one month) binary stock trade with Amazon that he told me was capital protected by OptionFM and had a 95 chance of success and would be reimbursed into my trading account dollar for dollar even if the trade did not win. He told me before I transferred the funds that I would receive a receipt and an Event Trade Certificate. It wasnt until after I transferred my Amazon stake that I received the Amazon Certificate in writing via email from Steve Silver advising it was a Capital Protected trade with a 95 chance of success HOWEVER that it would only be repaid dollar for dollar as a BONUS (be warned traders if you take a BONUS on earlier trades and even if your account gets wiped out and you put more cash in, those original bonus implications still stand) well it does with Option FM. I was not made aware of this via Skype or verbally by Steve Silver BEFORE I transferred my money to fund the Amazon trade.I watched my Amazon trade during the 4 weeks and it never came close to the strike rate which expired last Friday. I am still waiting to be reimbursed my funds but they are claiming it will only be repaid as a bonus which means I will have to trade 20 times my initial stake which I was told by Steve Silver I will have to make 635,000 before I can make a withdrawal. Fat chance of that happening if I go on the advice of their analyst and researcher.As I mentioned I took this trade out on a what my account manager advised me was capital protected by OptionFm which meant that even if the trade did not win I would be reimbursed into my account dollar for dollar back into my account. He advised me OptionFM take out insurance to cover themselves against low risk stock trades with companies like Amazon which is why they can offer them to traders like me capital protected, so I believed him he was very convincing. He also subsequently gave me another so called recovery trade of 4k (more my of superannuation) on USD/EUR currency while I was waiting for my Amazon trade which lost as well.So far OptionFM have taken over USD40k of my life savings. They are greedy and have continually asked me for more money by convincing me they can make my losses back. Their account managers tends to play psychological games with their clients to manipulate you into giving them more money, basically its entrapment.So fellow traders or would be traders be warned against binary companies such as these. Do your due diligence and read the fine print and even then be careful as their Terms and Conditions are rife with out clauses that cover their risk management with no regard for your own.I will continue to name and shame OptionFM until they do the right thing and return my Amazon stake as I believe they are not acting ethically or within the law. They claim they are licensed and regulated and if so, by whom, as I can see no evidence of this on making further investigation. I will also be reporting them to the Australian Securities amp Investments Commission.Am not supposed to do this but i think its nice to actually give this information out considering the fact that i have also lost a lot of money and time to scammers and fake people claiming to have good strategies and i know its general problem, but it turned out not to be a total loss considering the fact that i have now gotten to the level i am now with the help of a new system that has been able to help me recover all that i have lost in the past. so i have made a pledge to my self that i am never gonna allow other people be left out of this because it right time binary trade become something useful in your life.
