• Report: #969198

Complaint Review: VIP Binary

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  • Submitted: Wed, November 14, 2012
  • Updated: Wed, November 14, 2012

  • Reported By: AnthonyD — Warrington Pennsylvania United States of America
VIP Binary
Internet United States of America

VIP Binary Do not invest with this company !! They will rip you off ! Internet

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I invested 1750 with Vip Binary and lost the majority of my investment.  They claim that you can make a so called secure trade.  What they do not mention is that if this trade is not profitable what is left in your account is not your money.  In order to get your principal back you need to make 15x in investments before the money is your.  So for example if you make a 2,000 dollar secure trade and finish not in the money you will need to make 30k worth of positions before being able to get your money.  Furthermore they claim to be able to assist you in trading and every time I took their advice I lost money.  Today they claimed the Dow was going up and to invest 1700 dollars in the Dow going up well after I placed this trade the Dow fell over a hundred points!  Each time I took their advice they were wrong and seem to not base their investment advice on anything more than looking at the chart and taking a guess.  Do not invest with VIP binary you will lose your money. 

This report was posted on Ripoff Report on 11/14/2012 02:19 PM and is a permanent record located here: http://www.ripoffreport.com/r/VIP-Binary/internet/VIP-Binary-Do-not-invest-with-this-company-They-will-rip-you-off-Internet-969198. 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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