- Report: #1256157
Complaint Review: BIG OPTION - COVENTRY WEST MIDLANDS Internet
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Author Not Confirmed
Why?
BIG OPTION
2 SHERIFFS ORCHARD COVENTRY WEST MIDLANDS, Internet, United Kingdom
Web:
http://www.bigoption.com/
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BIG OPTION BIG MARKETS MU LTD FRAUDELEANT COMPANY- MANY BAD REVIEWS ONLINE- UNREGULATED-USING ROGUE AGGRESSIVE AGENTS COVENTRY WEST MIDLANDS Internet
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!!DO NOT TRADE WITH BIGOPTION- FRAUDELEANT COMPANY- MANY BAD REVIEWS ONLINE- UNREGULATED-USING ROGUE AGGRESSIVE AGENTS!!
The above statement is based on my experience- please see below
On 16/5/2015: I signed up with BigOption ACC #335375 which is registered a trading business registered by a company called BIG MARKETS MU LTD located in the UK/England.
On 18/5/2015: I deposited $250 US 530
On 19/5/2015: I requested the withdrawal of my funds after reading some bad reviews and practises by BigOption.
Please see the following links:
forexpeacearmy.com/public/review/www.bigoption.com
BinaryOptionsBlacklist.com
binaryoptionsthatsuck.com/review/bigoption-suck/
fxempire.com/
binaryoptionsblacklist.com/scams-research/
insolvencydirect.bis.gov.uk/ExternalOnlineForms/CompanyComplaint.aspx
ripoffreport.com/reports/specific_search/big%20option
Online-Binary-Option-Broker-Expo
binary-optionsbroker.com/bigoption-review/
fxempire.com/binary-options/bigoption/review/
On 19/5/2015: I received an acknowledgement of my withdrawal request and was told that I required to speak to someone before the withdrawal could be authorised.
On 20/5/2015: I received a call from Jerry Gallo who talked me into placing 9 trades valued at US $250, luckily 8 trades were successful and I was in credit of approximately $229. Despite this, I requested a withdrawal of the remaining funds who stated that he required my PASSWORD in order to proceed with the withdrawal. He stated that I could only withdraw a minimum of $200 (US) and the withdrawal would take 48 hours to process.
On 22/5/2015 : 48hrs had passed and I had not received my withdrawal of $200 US . I checked the Bigoption platform and to my disbelief there was a trade placed for $200 on 20/5/2015 12.45am..aproximately 45 mins after I had spoken to Jerry. The trade was a loss and therefore wiped my account to just .25 cents
Bigoption require an authorisation form for their agents to place trades of behalf of their clients- I did not authorised this nor did I authorise for Jerry to do so.
On 23/5/2015: I requested Bigoption to investigate this matter and filed a complaint.
26/5/2015: I received an email from Bigoption indicating that they had investigated the matter and “I have done the needful, the needful will be done to compensate you”.
Despite this email on the 26/5/2015 stating that I would be compensated, I never receive the $200US from bigoption. On 3 or 4 occasions I was advised that the matter was still been investigated and on 2 different occasions stating that I will not be able to withdraw my funds I have $.25 left on my account??
It was illogical and unimaginable for me to have requested a $200 withdrawal one minute and then risk it all by placing one single trade for $200.
19/6/2015: last contact from Bigoption indicating that the matter was still been investigated.
I contacted my Visa merchant who conducted an investigation into the matter- and thankfully was credited the $200 back into my account.
I would STRONGLY advise on anybody trading or risking their money with BIGOPTION- there are many many bad reviews and stories about their practises and fraudulent staff- Specially Jerry Gallo. I once had one of their staff (Eric Martin) tell me that “Bigoption would simply pay-off the company’s should I leave reviews on the internet”
Id like to say to Eric Martin- im sure the 12 reviews I have left regarding my experience about bigoption will cost your employer more than $200!!
Im just thankful I did my research and stopped my self from giving any more money to this pathetic excuse for a company
