This involves the UK based binary option broker – CTOption I deposited US$250.00 with them when they said my funds could “be withdrawn at any time” and “just like a bank”. Perhaps they are not happy that I managed to increase the funds from US$250.00 to US342.19 within a few days. | They are now claiming that I have insufficient funds when I applied to withdraw US$250.00 from them. When I asked about the status of the withdrawal they simply do not reply in spite of many emails to them. | Meanwhile, their website still shows that I have US$ 342.19 with them until now. | Yesterday (12/3/2016 approx 8.30pm.), I received a phone call from a Ctoption lady agent and she said I should not report to the FCA and that we can resolve the matter ourselves. However, when I asked about the status of my US$250.00 withdrawal request she was very evasive and did not provide any helpful info. Instead, she went on to advise me to deposit more funds to make more money by increasing my turnover! At this stage I had to hang up on her. | I am beginning to believe that Ctoptions is running some sort of ‘ponzi’ scheme At the risk of boring you, I have included my last 3 emails and some other info below for your information and attention .-
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This complaint and/or review was posted on HolySmoke.org on 20:56 pm, March 11, 2021 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/ctoption-2/.
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