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  • Report:  #1369735

Complaint Review: skyline markets

skyline markets Markets Capital Ltd; or Capital Markets services ltd, etc fraudulent bussiness london

  • Reported By:
    jess — Mangaldan Alabama Philippines
  • Submitted:
    Wed, April 26, 2017
  • Updated:
    Wed, April 26, 2017

So that everyone should be warned, I will  now share my experience.  

Approximately a year ago, I signed in through a binary trading option robot and brought me to skyline markets, that alone made me suspicious already. After viewing most of the testimonies of optionrobot I presumed that they were the same binary option trader.  I thought it will be alright and possibly it could be a fallback for me if ever I get unemployed or something. 

Initially I invested 300 USD as it was the required initial deposit, it did not earned anything until one of their brokers called me up to invest some more, they, I think it was Lucas of skyline markets, was asking for 5000 USD, so i can join an event which supposedly promises high yield of profits, I was doubtful but what if this was a good opportunity to let go, so unfortunately I did, I then invested 2000 USD next, thinking that is more than enough for now and with the promise that it will earn, plus they will teach you how to trade, being a newbie, to my surprise, this guy Lucas was persistent to complete the 5000 USD and demanded that I put in the remaining 3000USD, he is quite a pushy person as if it were there money already, which if I realized. I would have stop there, but there was no way to withdraw the 2300 USD I already put in so I put in another 2000USD making a total of 4300 USD already, we traded and I earned just over half that, making my balance a little over 7000 USD, it was hard to double anything because the payout is only 60 % most of the time but if you lose you lose 100% of the amount traded.

I guess skyline withhelds the 40% for themselves and even takes 10-15% if you are able to withdraw which in most cases you won't. Simply because it is very difficult to get a confirmed member status, and skyline makes a lot of excuses for you not to get a cofirmed member status, and unless your member status has not been confirmed there are no withdrawals happening for you, like after a year, my status is still partial, I can't withdraw any of my earnings. 

And be careful of accepting bonus because this will require 20x your investment+bonus before you are able to withdraw. Which in my case, when I invested about 4300 USD total, they will not help me trade unless I accept the bonus, so I accepted the bonus, after which they informed me the bonus policy as mentioned above, i then declined to accept it, because I would have to earn 100,000 USD before I can withdrew anything.  Again this guy Lucas, he told me that he will help me reach 100,000 USD telling me that he can not earn if I can not withdraw anything. He said he earns 10-15% commission from earnings I withdraw from skyline, so,  I accepted the bonus making a total investment of 5300 USD we traded this and earned a little, about 7000 USD as mentioned above, and probably i thought to myself that as long as trading was made carefully, minimizing losses, and getting help from the broker eventually I could reach 100,000 USD. 

 But the thing is, this did not happen at all, instead they are always asking me to deposit some more even if you have significant earnings  and few losses. I argued with the broker who asked help from a senior broker Adam Cooper, both of them asking me to put in more money using my credit cards, that were all max out putting me in serious debt. 

I can no longer put any money in my account with them so  I paused trading for several months, and just kept my balance as is, which was then almost 9000USD, until another senior broker Sean Rossi contacted me and offered to help me trade, again, I was doubtful, but he was able to put my member status to partial which I thought was getting closer for me to withdraw earnings in my account, after asking me to put in any additional investment, I deposited 1000 USD. 

Trades were made, and I was earning more, this was because, when I was not trading for the past several months, I was trying to study how to trade. I thought that given the right signals I can trade more efficiently.  Together with Sean, my balance rose to almost  20000 USD, that is after additional investment totaling to 5000 USD so that all in all, I already put in  a total of 10000 USD. 

 Like the other two he is asking me to put some more money, promising me to help me reach 100000 USD and confirm my membership status and eventually will be able to withdraw earnings.  Unfortunately, I was deeply in debt and even owed money from my mother who was an elderly person, so in short I was not able to put in money anymore, and so  was refused help to trade further.  

Being a newbie, I was afraid to trade by myself and so I thought I would have to learn to trade first and just leave my balance as is, hoping that it is secured in my account protected by passwords, as this was the case for several months that my balance was dormant yet maintained.  I then focused on my current job to be able to pay my debt.

I checked on my balance occasionally to make sure that it still there and it was, until a week ago balance was already zero, skyline markets traded my balance without my knowledge and without my permission until it was depleted, skyline gained by doing this.  In binary option, brokers win if you lose, that is why they are always after your money.  Skyline market must have overrided my password, since they can actually reset passwords, and can therefore trade your account unknowingly. Tried calling them, but no reply.  I was scammed.

 I know, I mentioned several names of person in this report but having been scammed by professional scammers, I think those names are fictitious and not real persons.  Their address maybe fictitious as well, and may not be actually based in UK.  Skyline market is fraudulent, learn from my mistake.

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