Zoom trader
Binary options is a swiftly growing industry with very little regulation, and that is an environment which is ripe for crime. When I first started putting together this site, I found a lot of those scams. Now and again new ones continue to crop up. You will run into glowing reviews for binary options scam sites, but if you dig a little deeper, you will find the dirt. The latest scam I have discovered is actually a binary options broker, not another signal service or trading system for sale. The broker is called ZoomTrader, and appears to have gotten its start in The offices are based in British Anguilla, and trader may be the most dubious broker I have encountered since Cedar Finance—and that is saying something. For one thing, they accept traders from the USA. For another, there are high bonuses. You can also trade in up to six currencies, and there are more payment methods available on this trader than any other broker I can think of. Zoom have gone out of their way to make their site accessible. I will be honest. I have not traded with this broker, and I cannot say for absolute certain that zoom terrible reviews I have found online were not posted by their competitors. They are so consistent, thorough, and distinctive, though, that I have a difficult time imagining that they were made up. Daily market updates, an up-to-date trading blog functioning as an economic calendar, a free eBook, and a full set of video tutorials covering a number of different trading topics are available to all traders. Customers who have larger accounts may also qualify for a dedicated account manager, faster withdrawals, charts, signals, and trading strategies. Some features that are important are plainly missing. There is no demo account—a common fault among binary options brokers, but an irritation nonetheless. Learn why a demo account is a zoom tool. There also appear to be zoom tools for controlling trades, and that is a red trader. I could find no references on the site to rolling over, doubling up, or closing out of a trade early to take profit or cut losses. Without these tools for control, you are far less likely to become a profitable trader. Yet another red flag trader my attempt to contact customer service on live chat. Even though I tried on a weekday during standard market hours, I was unable to reach anybody. Once again, this is a common fault, but it is never one that sets my mind at ease. Hard-to-reach customer service means hard-to-solve account problems if something goes wrong. You will find several positive review pages which are clearly whitewashed by the company or its affiliates. You will also find links to RipoffReport and ComplaintsList. On those sites, you will find dozens of horror stories of lost money and terrible customer service by customers. Reading these stories of customer woes, all I can conclude is that ZoomTrader is not just a bad broker—it is really just a scam and not even a real binary options broker at all. Bad service and missing trading tools are just the start of it, and all those educational materials, a sign of good faith in most cases, here mean nothing. ZoomTrader seems reliable in only trader regard, and that is in their ability to piss off customers and drain their bankrolls. MAKE THEM GO BROKE OR IN PRISON. ONCE YOU CHIP IN, YOUR MONEY IS LEGALLY THEIRS. I read many bad posts about many brokers Titantrade, NRG, Interactive, OneTwoTrade and others that these brokers are scam but i have received my funds from all of them. Zoom live in Austria Reply months 27 days ago Guest Gariff Hello, I was working in Zoomtrader for two months trader it was horrible. They lied to clients all the time and also they force us to say that we were in London instead of Praga. They just want your money and they do not care about zoom. Subsequently, I tried reaching him and he did not return my emails or skpe requests until about a week later. I told him I wanted to close the account and have the balance credited back to my credit card. He said he would put me in contact with a manager by the name of Daniel Goldman. Reply year 3 months ago Guest Dixie Pierre It is always easy to double your funds through Zoomtrader platform. I have tried a dozen of times withdrawing from my funds and never have any issues on any delay whatsoever. And it does not pay off, it is a scam designed to take your money, after the fact you get to read the rules. I am very disappointed that they are such great scammers, they promise great rewards and steal your money. This program is a waste do not fall into their scam! Reply year 11 months ago Guest Traderthatgotscammed Zoomtrader is a scam DONOT deposit any money even without a bonus!!! I held off 3 weeks until the end of the month in Sept. I live in Holland, wich broker is best to use? Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN Disclaimer: Please note: All content on this website is based on our writers and editors experiences and are not meant to accuse any broker with illegal matters. The words Scam, blacklist, trader, hoax, sucks, etc are used because all content on this website is written in a fictional, entertainment, satirical and exaggerated format and are therefore sometimes disconnected from reality. All readers must trader judge all content and brokers on their own merits. Additionally, visitors comments are not moderated other than the obvious link spam. Use your discernment Disclaimer: Trading binary options is extremely risky and you can zoom your entire investment. Only deposit and trade with money you can afford to lose. Always refer to local laws, jurisdictions and authorities before performing any action on the internet. Some of them credited bonus in my accout without my accept but after many e-mails, live chat conversations finally they paid out my account balance. I live in Austria. Goldman via skpe and made the same request, to close my account and credit the funds back to me. I have made 3 requests and have not heard from him. I certainly would not recommend Zoomtrader to anyone. I have a close friend who also trades binaries and he was going to go with them, but after this terrible customer service experience, I told him to stay away. I think if you have problems with them, you can email or call their support for further assistance. The money was debited from my zoom on Sept.
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You may not see the consequences now but your children or their children will and it will be due to that selfish mindset ruled by your ego.