- Report: #1093522
Report - Rebuttal - Arbitrate
Complaint Review: Banc 54
Banc 542 Exchange Square., 8 Connaught Place Internet Hong Kong
Banc 54 Unregulated trading activity by U.S. Citizens is considered unlawful Hong Kong Internet
Here is the text sent to my email address:
- Trade with the best !
My name is Justin Delacorte and I'm a senior Broker at Banc 54.
I'd like to speak to you bout your financial future with us
In this email you will find:
1) information about Banc 54.
2) information about me.
3) screenshots (attached as files) of trades that I took this week.
4) information regarding the different account types you can open at Banc 54.
5) instructions regarding how to fund the account.
6) explanation regarding withdrawals of profits..
I'm as transparent as they come, and I do believe that with my guidance, you will make money and lots of it.
Please read this email in detail, it'll answer most or all of your questions regarding trading binary options.
About Banc 54:
B54was founded in 2010, by CEO Joe Reina, following the 2008 market crash.
B54 is part of the "World Finance 100 Companies".
We have won award for having the best platform and the best brokers.
The way Banc 54 makes it's profit:
Banc 54 buys the options from financial institutes and banks all over the world.
Whenever a trader wins a trade, he makes a profit of 70%-90%, and Banc 54 makes a profit of 2%-4%, given to Banc 54 by the financial institutes.
As a senior broker, I make a 2% commission for every trade you win, given to me by Banc 54.
Why trade with us?
Aside from what was already written:.
We only make money when you make money.
We're the oldest and biggest firm for binary options. Check it at Alexa.com if you don't take my word for it.
We take no commissions from you and trading with us goes without any spreads.
We work with COMODO insurance company, the same company that works with Bank of America and PayPal. Your money is insured for up to $250,000.
I'm a senior broker at Banc 54 for the last 4 and a half years.
I've traded Forex for 4 years before I started trading binary options and got recruited by Banc 54, to help clients make money.
My goal is to help my clients earn as much money as possible, by trading with me.
Another goal I have is to get my clients to the V.I.P. level.
I teach my clients how to manage their accounts.
I teach my clients how to read charts.
I teach my clients how to "read" the news and use it to their favor.
The most important asset I offer my clients with is my "trade signals".
Every trading day, I provide my "Personal Broker" Clients with the prediction of our team of analysts and myself, regarding the different markets.
I send my signals by Skype and through emails.
My clients take the signals I give them, follow my lead and make money.
Looks simple? well, it is simple.
Just work with me, use my trade signals, follow my lead and make money.
Here are some example trades from my clientele's portfolio, that I have handed out:
I reveal to you now my the results of a trading session I had with some of my V.I.P clients:
Attached to this email are some screenshots of results for some of my recent trades.
The difference between the account types we offer here at is made by the size of your investment in your B54 account.
You are the only one able to trade with your account, withdraw or deposit money from it and use it.
Basic account: $500-$4999. You'll trade based on your own knowledge, receive a DEMO account if you want, and will occasionally get a signal from me, to assist you with trades.
Personal Broker's account: $5000-$49,999. You'll get trading signals from me on Skype, receive emails from me regarding special offers and bonuses and trade alerts, plus a demo account.
V.I.P account: $50,000 or more. You'll trade with me on a personal level, get to use our VIP platform and get many other benefits I'll explain about when we reach that level.
How to fund your account:
Funding the account means depositing money in the account, to start trading.
If you haven't created an account yet at , take the following steps:
If you did create an account already, just take the following steps in order to fund it:
The more money you fund your account with, the faster you will make more money. I'm writing this because I have 7 years of experience in trading and I know how hard it is to make money with only $500 in your account.
I would never trade with more than 10% of the funds in my account on a single trade, so the more money there is in the account, the bigger the trades I can take, resulting in a bigger profit.
Withdrawing your earnings:
To withdraw your earnings, you will need to verify your identity with our compliance department.
1) Photo of your passport.
2) Photo of your ID.
3) Photo of a utility bill sent to you, from the last 3 months.
4) photo of both sides of the credit/ debit card used for the deposit.
This is done one time only.
To issue a withdrawal request, do the following:
In your account, place your mouse over "My Account" and click the "Withdraw Funds" icon.
Than just enter the withdrawal amount.
Notice you can withdraw $100 and up.
Verification takes 24 hours, withdrawal takes 24-48 hours.
A bonus is when adds money in your account, in addition to your investment.
We do this because we believe in growing the account from the get go.
We give bonuses of 20%-100%, and sometimes more, the size of your deposit.
When you receive a bonus, you need to reach a certain trade volume, in order to withdraw money from your account (since you're also using B54's money).
Ask me about it for more details.
I'd be happy to work with you on a personal level, and help you make money.
I'd be happy to answer any question you may have.
You can add me on Skype, my research shows clients that add me on Skype earn 3 times more money than other clients.
Senior Analyst and broker
Two Exchange Square,
8 Connaught Place,
Central, Hong Kong
Toll Free Hong Kong - 800-906-108
International - +852-300-85692
Please note the following if you are a US citizen:
USA REGULATION NOTICE: Binary Options Companies are not regulated within the United States. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). Please take notice that any unregulated trading acitity by U.S. Citizens is considered unlawful.
Don't get scammed by these all too common foreign rip-off artist!
This report was posted on Ripoff Report on 10/21/2013 02:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Banc-54/internet/Banc-54-Unregulated-trading-activity-by-US-Citizens-is-considered-unlawful-Hong-Kong-In-1093522. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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