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Report: #1326946

Complaint Review: Option Rally - Internet

  • Submitted:
  • Updated:
  • Reported By: Fadkad — SINGAPORE Other Singapore
  • Author Not Confirmed What's this?
  • Why?
  • Option Rally Internet USA

Option Rally The account manager keeps asking me to deposit money and promises that I am able to withdraw my winnings. Then the gave me bonus after bonus to match my deposit. The recommend trades that lost money. I wanted to withdraw but was informed that I have to meet the trade volume because of the bonus. I deposited as much as $250,000 with similar amount of bonus given which guarantees that I will never be able to meet the trade volume. switzerland i think. Internet

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I took up binary option trading with Option Rally. The broker or account manager keepp on asking me to deposit money with the promise that they will match my deposit with bonus.

it was never highlited to me that if bonus is given I need to trade a certain volume in order to withdraw any profits.

I ended up depositing $250,000 and a similar amount in bonus was given. Losing trades after trades was recommended. Until balance in my account drop to about $100,000 and when I want to witdraw, it was not allowed since this is just bonus payment and i have not met the trade volume. With a bonus amount of about $250,000, the account manager made sure that I will not be able to meet the trading volume of up to 50 times the amount of bonus.

The account manager left the company without letting me know and I end up losing all my deposit. I am now in dire straits with credit card debs to pay. 

 

 

This report was posted on Ripoff Report on 09/07/2016 11:20 PM and is a permanent record located here: https://www.ripoffreport.com/reports/option-rally/internet/option-rally-the-account-manager-keeps-asking-me-to-deposit-money-and-promises-that-i-am-1326946. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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