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Fx day trader forex peace army titantrade

fx day trader forex peace army titantrade

football1xbet.website - Read Reviews About This Broker football1xbet.website · football1xbet.website · football1xbet.website football1xbet.website · football1xbet.website Watch out for NRG binary (NRGbinary - Binary Options Trading), they are a scam. There are currently 3 guilty cases held against them. They do not like to. GCI Financial just stopped to talk to traders that lost money there and also did not get back to Forexpeacearmy any more. This is very sad and already proves. SPORTS BETTING EXCEL TRACKING

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The industry is growing fast. In China, Japan, the United States and across Europe, trading in binary options has soared over the last decade, although precise figures are hard to nail down. Yahya, an Arab American engineer from California who lives and works in Saudi Arabia, says he received an approach from a woman via LinkedIn. The woman, whose profile no longer appears on the site, wanted to know if Yahya was interested in investing in currencies.

He had experience of gold trading but not currencies, he says. He retained control of it. He then received a call from an NRGbinary representative who described himself as a Palestinian from Nablus living in London. Yahya says the man was pushy and demanding. He convinced the engineer that he could make big money if he traded in high volumes, which meant paying in more cash to his NRG account.

He thought he would take advantage of trades that El-Ahmadey said would make at least a 50 percent profit. At first, the trades shown on account statements made steady profits with occasional small losses. But during a holiday in October , Yahya says El-Ahmadey made currency trades without permission. The account statements show losses in the tens of thousands of dollars. Over the following three weeks Yahya says he asked El-Ahmadey, who like other NRGbinary staff could not be reached for this story, to close the loss-making positions.

El-Ahmadey did not respond, but then finally contacted Yahya and told him the NRG account was at zero. Yahya did so, bank documents show. He transferred the money. Ten days later, he said, the account was shown as closed with a balance of zero.

Desperate people from as far afield as Australia, South Africa, Canada and Singapore now use Forex Peace Army as a platform to exchange experiences and try to fight to get back some of the tens of millions of dollars they say they have lost to various online companies. In May that year, the contact name was changed to Guy G and the address updated to 2 Woodberry Grove — a two-storey house near a spiritualist church in north London.

It shared that address with another company called the Alfa Media Group, a little known online marketing firm. Yahya wanted to see who he had actually been dealing with. He examined data from his Skype calls and found it was not a London-based account manager, but an Arabic-speaking person in Israel.

The man on the other end of the line had been working from an apartment in the coastal city of Netanya. Reuters visited the address and found a four-storey residential apartment building. The lawyers asked the bank to close down an NRGbinary account there. The bank, DBS, declined to comment.

The same day, Yahya said, he received around 20 phone calls from NRGbinary representatives. Jutta Strake, 58, a self-employed business coach and consultant from Germany, says she is another victim. Strake showed Reuters emails from her account manager, Michael Vinyard, who said he was based in Britain.

Within months, the money had been transferred from one trading account to another without her authorisation, and she lost everything. In another email chain, she asks for her money back. Algo Capitals did not respond to requests for comment. In late , Strake took her case to the German police, who could not track Vinyard in the UK, she said.

Extensive searches on social media found no evidence of him, either. Frustrated, Strake found her way to the Forex Peace Army forum, where she has become a leading lobbyist for action against NRGbinary and other high-pressure brokers. Her lawyer did not suggest contacting UK regulators as the company was registered in the Seychelles at the time.

It was superseded by TitanTrade. Canadian authorities had grown suspicious of NRGbinary in the middle of A member of the Financial and Consumer Services Commission in New Brunswick opened an account with the firm under an assumed name. Online advertisements show that online binary options brokerages seek to hire new migrants to Israel for their language skills.

Itzik Shurki, who supervises trading platforms at the Israel Securities Authority, the agency that banned binary options trading in Israel, said the industry is dangerous. He said most online platforms allowed investors to trade directly against a broker.

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