Review Time
Something bad happened at OTC.
They asked for proof of address for the last payment request (why couldn't this be done with a photo?). They delayed approval until I reduced my account balance to zero. Then they accepted it almost immediately...
Another deposit, and suddenly the previous promising movements disappeared. Everything is fluctuating up and down, everywhere. This is more than strange... Maybe I won too much (only a few thousand euros), and they want to take it back, analyzing my previous habits.
And the prices... On Wednesday, the EUR-HUF was below 180, now it's above 470 - while the market is stable between 375 and 380.
I am particularly interested in the platform where you could buy EUR for 180 HUF on Wednesday, but also where you can sell it for 470 today... I would like to trade there!
But I don't think such a platform exists, so...
It's also nonsense that I can transfer money to my account with a bank card, but it doesn't work the other way around and pays in crypto. It's clear that the asset in question will plummet by the time the withdrawal is approved. So you can lose a lot because of the exchange.
There are tricks in every form, and OTC is a big scam!
Search me on red.
dit: Even-Ad4816
(figure in blue dress). I am also victim of pocketoption. I know pocketoption operator's names, photos, etc and want to share with other victims! Pocketoption is full scam
I want to share my experience for transparency. Several times while trading OTC assets, trades appeared as winning at expiration, yet no profit was credited. Shortly thereafter, these trades were marked as losses without any notification or chance to verify execution details at expiration. This happened recently with an EUR/NZD OTC trade. While I understand market risks, the issue lies in the platform's behavior: initially showing a win and later reversing it, which hinders real-time verification and creates a misleading experience. I reached out to support multiple times for a technical explanation and later for a refund or goodwill consideration due to trust issues. My total deposits exceeded $13,000 on a previous account and over $300 on a newer one. Support replies were generic, and my final request went unanswered. I'm not making accusations, just documenting my experience to inform others.
After reviewing numerous user experiences, this platform shows a consistently negative trend. Common complaints include withdrawal delays or refusals, repeated verification requests, and account restrictions after profit gains. Many users also report instances of price manipulation. While deposits are usually straightforward and the platform's interface is visually appealing, these positives are overshadowed by significant concerns. The absence of regulation by a reputable financial authority means there is no protection for traders. Additionally, aggressive marketing by affiliates on social media promising unrealistic returns raises further concerns. Given that binary options are high-risk products, the volume and consistency of negative feedback indicate that this platform may not be trustworthy. Engage only if you are fully aware of the risks involved—or consider avoiding it altogether.
Upon reviewing various user experiences, this platform shows a troubling trend. The most frequent complaints involve withdrawal delays or denials, repetitive verification requests, and account restrictions after profits are made. Numerous users also report price manipulation. While deposits are generally easy and the interface is appealing, these positives are overshadowed by serious concerns. The platform lacks regulation by a reputable financial authority, leaving traders unprotected. Additionally, aggressive promotions by affiliates on social media promising unrealistic profits raise further red flags. Given that binary options are high-risk products, the consistent negative feedback suggests this platform may not be trustworthy. Proceed only if you fully understand the risks—or better yet, avoid it altogether.
I was denied the 100% bonus due to standard Bitcoin network fees—no exceptions or compensation offered. I deposited the exact BTC amount displayed on the checkout page to qualify for the bonus. However, after accounting for blockchain fees and USD conversion, the credited amount was slightly less, preventing the bonus from applying. Support stated, 'The amount of BTC that reached the address was slightly less... we cannot compensate any fees taken by a third-party service.' They refused to apply the bonus manually, even as a goodwill gesture for such a small difference. Their own terms state no compensation for crypto network fees and that bonuses are based on the final USD received. While this aligns with their policy, it's frustrating; many platforms adjust for minor variances or suggest using low-fee coins. I followed the instructions precisely but ended up without the promised bonus due to unavoidable fees. This serves as a warning for crypto depositors: double-check equivalents, add extra to cover fees, or use stablecoins. Support was polite but unwavering in refusal—no flexibility shown.
This broker is questionable. I deposited a small amount to try copying signals from a trainer on social media. I made a small profit but refused to deposit more money at their request. After a few days, my account became unverified, and all the funds disappeared. It's a total scam.
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