SkylineMarkets Broker a Scam

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SkylineMarkets Broker Review

This broker is closed. Try trading with HighLow instead.

SkylineMarkets is an innovative broker that is dedicated to creating a great trading environment and superb user experience. This broker is open to all types of investors as their trading platform meets different needs and trading potentials.

Find out more about this broker in SkylineMarkets review below.


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Between 74-89 % of retail investor accounts lose money when trading CFDs

SkylineMarkets Special features

In SkylineMarkets review was noted how this broker created numerous accounts that can help everyone to join the binary trading fever. Minimum deposit for account opening is $250, which can be considered the industry average. The accounts are as follows:

Apprentice account

  • Minimum deposit $250
  • 24/7 customer support
  • Event trading
  • Demo account
  • Up to 25% welcome bonus

Principle Account

  • Minimum deposit $5,000
  • Up to 35% welcome bonus
  • Benefits of Apprentice account

Broker Account

  • Minimum deposit $25,000
  • Up to 50% welcome bonus
  • Benefits of Principle account

Executive Account

  • Minimum deposit $50,000
  • Same day withdrawal approval
  • Dedicated 24/7 broker
  • Welcome bonus up to 75%
  • e-book
  • VIP mentorship program
  • Benefits of Broker account

VIP account

  • Minimum deposit $250,000
  • 24business hours withdrawal
  • Up to 100% bonus
  • Benefits of Executive account

As it can be seen in SkylineMarkets review, the bonuses are really generous. In terms and conditions, traders will find a bonus policy that explains how required turnover is calculated as (deposit + bonus amount)x20. The requested trading volume can be considered a bit lower than the industry average.

A great feature of SkylineMarkets is that there is demo account available for all traders, no matter their deposit amount. The demo account makes trading a lot safer and easier as they help traders to get familiar with the platform and develop their trading style.

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SkylineMarkets Trading software

SkylineMarkets is using the latest version of SpotOption trading platform, that is among the most popular trading platforms in the world. Traders have the opportunity to trade with numerous assets, but also binary options types: call/put, pairs, long term, 60 seconds and one touch. Expiry times are ranging from 60 seconds up to 1 month, which makes SkylineMarkets great solution for traders who like short-term trading and long-term trading alike.

This broker also has several useful tools that can increase traders’ success rate: double up, roll over and buy me out.

Double Up is a great feature that allows to quickly create another position for a trade that is performing well. Roll over, allows you to roll the SmartOption over to the next available expiry time. If trader finds that the position is being unsuccessful, he can use Roll Over to increase the length of the SmartOption and increase the chances of success. Buy me out allows traders to sell their trade to another trader before the expiry time is run out.

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The review of SkylineMarkets showed that this broker has a well-designed website that is easy to use and navigate. It can easily be viewed in all popular internet browsers, and provides sufficient information on trading. Traders can access all important information in just a few clicks. Soon traders will get the opportunity to trade via Apple and Android apps as well.

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Between 74-89 % of retail investor accounts lose money when trading CFDs

SkylineMarkets Support information

SkylineMarkets review showed that this broker has the platform available in three languages: English, German and Arabic. Even though more languages would be great, this is a good place to start. It is always good to have more languages available, as some traders prefer trading in their native tongue. Customer support can be reached via live chat, phone or email.

Education section includes e-books, free videos, and tutorials that are exclusively available only for registered traders. SkylineMarkets also offers one-on-one coaching and market news and analysis. All these great features users can utilize in order to improve their success rate. Traders can also take advantage of the free signals SkylineMarkets is providing for them.

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Between 74-89 % of retail investor accounts lose money when trading CFDs

SkylineMarkets Payment Methods

SkylineMarkets is a broker in the ownership of Capital Markets Services Limited.

Minimum deposit with this broker is $250, and minimum withdrawal is $50. For depositing and withdrawing traders can use one of the following methods: Mastercard, Visa, bank transfer and Skrill/Moneybookers (coming soon).

Traders who use credit cards can expect their withdrawal to be processed within 2-3 working days, bank wire within 5 days, and Skrill within 7 working days, but with only 60 minutes transfer time.

All traders who request a withdrawal must first prove their identity by sending necessary documents listed on the website. This step is necessary in order to prevent someone else from withdrawing the money. It is also recommended to use the same method for depositing and withdrawing.

SkylineMarkets review showed that this broker uses the SSL encryprion for safer money transactions. SkylineMarkets accepts traders from all over the world except: Afghanistan, Algeria ,Bangladesh, Benin, Botswana, Cambodia, Cameroon, Chad, Congo, Eritrea, Ethiopia, Gabon, Ghana, Guam, India, Indonesia, Iran, Islamic Republic of Iran, Iraq, Israel, Kenya, Lesotho, Liberia, Libyan Arab Jamahiriya, Malawi, Mali, Morocco, Namibia, Pakistan, Philippines, Senegal, Sierra Leone, Sri Lanka, Sudan, Swaziland, Syrian Arab Republic, Tanzania, United Republic of Tunisia, Uganda, Zambia, Zimbabwe,USA, Brazil, Russia, France, Latvia, Ukraine, Chile, Colombia, Paraguay.


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  • FREE $10,000 demo account
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Between 74-89 % of retail investor accounts lose money when trading CFDs

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SkylineMarkets Broker a Scam?

If there are any other forex brokers that may scam traders please don’t hesitate to add a comment here. This is meant to be a warning that traders should be cautious. It’s not evident of course. But when fellow traders got scammed and have reasonable explanations for it, it’s their duty to warn other traders to avoid the same mistakes. Thanks for sharing your experiences.

These are the brokers that may be scamming traders. We received warnings from visitors with accusations that justify an official warning. Please be cautious:

Traders reported to not receive withdrawals. Support is silent since the cashout request.


“I have been through your website , and I haven’t seen the broker I work with listed in the website.
However I’d like to share with you my trading experience with a company named trade24, they’re are by far one of the top scammers, cause they are real scam artists professionals
When I first started trading with them their account manager took so many positions for me which caused a loss in my account a drawdown of about 50 % uue to his trades against the market trend , when I started taking my own trades he used to close them for me too even thou they were mostly in the right direction
however they compensated for me in a bonus ” a very manipulative way of freezing the traders account ” and refusing withdrawals for the trader and for every 1000 usd the trader apparently needs to trade an amount of 200 lots so for several thousands it will be quite impossible to get to that point .
I have went through several forums and apparently the issue isn’t only happening with me many people were scammed before and people are still getting scammed.
Apparently clients can’t reach them directly their employees disappear sometimes no one to talk to or call . And they were even trying to scam me further by asking me to send more money so that they can help me with losses
Note that I have managed to recover my original amount of balance but they have declined my with withdrawal request under the excuse that I have a bonus obligation to full fill
I wonder if there is any legal action that I can take against them , I suspect their address isn’t even real and so on.” Recommends:

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69 opinions and experiences

I joined sometime this year when running promotion, at the end of the promotion when am to make withdrawal, I was given charges of 1000 dollars to settle before making withdrawal. This I term a scam as this was not part of the deal. Pls I want to confirm authenticity of this broker, while doing that I want traders to be aware of the broker.

I would like to repot Ecrypto chains. I invest with them promised to return my funds in 40 hrs, firsf they return mt money after that they just promised me to refund me in 5 hrs as from last month until now. Just be careful that you recommended here is actually one of those scam brokers who swindle my account down to zero balance by use of their EA inside my account. They are cooperating with their affialiate,, to do the swindling act. Stay away from them for those traders who havent or plan to register with them

Hi I opened an account with UFTGROUP and had a broker called Morgan Smith. They take your money and when you want to withdraw they tie your money up with forex trades so your platform is low with funds. I made a big mistake by saying I would do my own trades so I changed my passwords and went to withdraw and next day my account had been hacked and by placing all these trades with thousands of dollars commissions attached to each one my platform drropped to zero in 24 hours so I have lost everything as my account is in minus $12000. Stay away from this group.

I invested $300 in to During the proces of trading I got a mail that they wanted 1000$ to get bigger returns and release my account. I did because I trusted my trader. After they payment and on the withdraw day they wanted a upfront payment before releasing my profit. It was 10% of $17.000. I cut it off because what’s next?

I’m in the same situation right now, I did invested $300 they gave me $160 for some reason. But now they’re asking me to pay $4,820 for the VIP section what not.
But my trader is very nice thou and says his been to trading for 6yrs. Like completely in between right now.

I have been trading with Instaforex.Now that i want to withdraw my money they say i have to pass some verification levels.The first they asked me for my passport.And for two months they have been rejecting my scan without a reason. You do not need to be a specialist to make a good scan.Everyone can see a scan at 1200 dpi but to them its not good enough.So they obviously don’t want to give me my money back

Am Kennedy Akparanta
Registered and funded my account with $300, in this scammer broker site, on 5th July 2020, After trading wanted to withdraw my profit but was told to pay withdrawal permits and trading permits fee totalling $503. I told them I don’t need the profit anymore, they should allow me withdraw my capital but they refused. Then stopped communicating with me. Please can someone assist?

Santosh contect no.+918758511967 and amit/mahesh lamba/ritesh are big forex scammer,they lure you to invest and big returns but they not give any money back and demand for more money.they show others ac also for trapping you.other such person arun sharma +917069746942and harsh or harshil desai+919601295397.
All above are connected with digitex technology,
Beware of these people and punish with police.

I couldn’t figure out for some time, who is the owner of the ForexGrand forex company. Finally I figured out his name is Yordan Mijatovych, he is Bulgarian and lives in Malta. The address in Malta is Ghawdex 70-42 Triq It-Torri Tingi.
It took me much time to register and the support teams is slow to answer.

I opened an account with this scammer with euro 100. Due to different reasosns I could not trade and when I asked for my money back they did not answer to me. I pplied 2 times with no result. At the third time I got an email, that my money could nto be paid becaise 1) the amount I would have available was under euro 100 and 2) this amount would be lower than the minimum to be withdrawn. I checked my account and I was amazed to see fozens of trades, all were losers, none of them was done by me. And all were “SELL” trades. This means, this broker manipulates the accounts to cause the loss of the money and so they don´t have to pay anything. In this moment I have lost more than 50% only remain euro 41 in my account. I noticed that the trades began after me doing the withdrawal application.
Therefore I am warning all: hands off of KAYAFX: is one of the worst scammers!

Tony Bruner in 245Markets is one of the worst swindlers in the market. Do not send any Money to this scam/swindler. He is friendly when he asks for Money. Withdrawal never happens.

At4f four advance scammer..almost 2 month withdraw not receive money beware

They scammed a friend of mine

Forex Hacked 2.6 and Forex Hacked Pro 1.2 are very crude EA robots and they can delete all the deposit to zero within a week. I bought Forex Hacked 2.6 on January 19th, 2020 and Forex Hacked Pro 1.2 on January 23rd. Forex Hacked was working fine for few days but it suddenly crashed my account on January 24th. There was this 14 digits of earnings listed like this way xxxxxxx.xxxxxxx and the numbers were changing even after I disactivted the EA manually! So, there was actual hacking of the EA happened to me on easyMarkets with InterServer VPS system!

Also, Forex Hacked Pro 1.2 was much worse. It only made 0.01 to 0.04 lot trading (10-40€) and set the TP for less than 2€ all the time. The EA does not set a SL and it only made the winning cut down at 0.00 to 2.00€ level and the loss could be over -50€. Why people need to buy this Forex Hacked Pro for over 300€ value? I could make a trading better with just getting the free signal or paying 20€ for OANDA or something comes with the MT4 or even just check the News for the trading. IronFX did not crash since I registered in last November but easyMarkets did 4 times. 2 times within a month and 2 times within a week. And Forex Hacked 2.6 caused the 4th loss of the deposit within a week. Any sign of the scam? I believe something went wrong with either Forex Hacked or easyMarkets!

So, I made the blog site for sharing the information. Can anyone help me getting a
lawyer to get the deposit money back? I think Forex Hacked program was not really functioning on the VPS.

Any one had an experience with Account managers Conor Wright and Tom gray?

Yes, I am having massive issues with them! Extremely arrogant and infuriating and just cannot get my money out. Excuse after excuse and then just ignoring my request. Have you had issues with them and have you been able to withdraw your money?

I am facing similar issues. They are blatantly getting away with ‘murder’. Am really astonished to see how can such company get away without the fear of being caught by law or enforcement. Please see the thread on, provide your comments. I am sure if all of us victims can come together we can have a much better chance of getting investments back.

Run away from this company!!


thay call you back after 1 day when you invest money but later when you want withdraw money thay canceling all time with no reason. if you dont whant trade with them forward they canceling your withdraw. 3 times already and waiting 2 weeks and again canceled yesterday just because i dont want trade. all documentation ok for me, just dont let you withdraw and i look in internet review many people the same problem with this company.

I had already started trading with before i came across a site that listed them as a scam. True to the warning to avoid them, the chicken has come home to roost for me as all my attempts to withdraw parts or all of my balance have failed and they have a professional scammer called Percy Martins (not even sure that’s his real name) that will keep calling you and giving you reasons why you can’t get your money. It’s a different reason every single time.

He even opened some trades for me that almost killed my account but i was able to do some trades that stabilized the account and made some profits but it has been impossible to make any withdrawals for almost one year now that I’ve been trading on their platform.

Basically, I’m confirming that is a scam. Please warn others to avoid them.

hello everyone i was scamed by gbe brokers,i tried many times to get my money back but they tell me that they changed banks and they cant give me back my money,is a month now and still i have not received my money back.Gbe is a scam


Guys, I am reporting this case so that no one falls into their trap and just before proceeding legally against the company who is trying to hold my money!

Last month, I was approached by a company named (Forex Trading Central) who offered me to open an account with them. I agreed and was directed to one of their platforms ( where I did the deposit and immediately opened a position under the guidance of a nice gentleman who asked me to schedule a “take profit” command.
Next day I received an email from them asking me to validate my account. Documents were submitted from my side and an email confirmation followed from their support team.
On the same day, a new account manager called me mentioning that his name is Oliver Thompson. he gave me a lengthy presentation explaining that i should follow his trading strategy and that i should ignore the recommendations of his “junior” colleague who assisted me opening the account and do my first trade. it was agreed then with Oliver Thompson that i will consider his recommended strategy after Sept. 10th right after i get back from my vacation.

I was watching the market on google while i was away and the price of the instrument i traded was up by 21.5% – way above the “take profit” position that i had scheduled. I assumed that my position was automatically closed by then.

returning from my vacation, I logged into my account (two days back) to find that the position was still open and my balance is down by almost 60% with all the functions on the platform being disabled. Immediately contacted Oliver Thompson and his answer to me was “the platform is not good and can barely trade Crypto Currencies”. he asked me to open a new account on their “state-of -the-art” platform called (BeCFD). I rejected his request asked him to reimburse my investment and informed him that i will consider BeCFD only when the money is back in my account. Since then Mr. Thompson failed to provide me a straight answer on whether he will send back my money or not. my last email to him was this morning informing him that I will pursue my rights to collect my money. of course he ignored my email and here is my first act against them.

I would like to add that a company with the website URL “”, which may or may not be the same company, arbitrarily and with no explanation simply removed 30% of my funds from my account when I requested my account to be closed and my funds returned.

hello all forex related friends i would like to share with u that is scam as after working with them for 54 weeks and getting my position within top 20 traders of world rank they did not pay me the commission whereas they deduct the amount from our followers account . Their No.1 to 10 positions are for their own people they are trading and earning a lot of commission and end up with blowing the accounts of followers. zulutrade is a big scam. They dont pay to actual SIGNAL PROVIDERS. here is my link and people with amount following me i have told them also to leave this platform immediately in my social section. Please share this post that other people could be alert and avoid a big scammers.

Has anyone tried to recover their money from 53option? I had to hire a refund solution professional to recover my funds, it was successful. Happy to help other victims going through this.

Hi can you please let me know how you managed to get you funds recovered

And I was stupid enough to take your advice and you know the rest! You are a SCAM yourself!

This is with regards to bforex. I had initially deposited 200 $ and now i get to know that its a scam. How do i get my money back. Kindly rever back to me as soon as possible

I have a issue with IronFx about the withdrawal, the principal issue is
that in the articule 17.7 about the time for withdrawal indicate that it
will be on Web Site but it doesn’t appear.
Their Portal Complain doesn’t asign a number, and they don’t answer my
email. Beware of this broker. Account Manager – Tony Byner and James Bosko are names to beware of. They use website as a store front to allow deposits, however withdrawals are impossible. Cold called for Snapchat IPO, invested $1000.00USD and I have tried numerous attempts to complete a withdrawal. Every time I receive a call from account manager who then tries to up sell and ask for more money. They say they are located in UK, however they use IVPN to place calls and call display shows +4488582259, however calls could be from anywhere in the world. Don’t be caught by this scam.

Dean, is that Tony Bryner(rather than Byner) you’re talking about? A right scam artist, so he is. He’s also linked with Marketsbroker who are yet another scam broker. Requested a withdrawal from them and either he or some lowlife in the company decided to place 4 unauthorised trades on my account which wiped it out.

Yes Liam, it is Bryner. They ( and Tony Bryner just clean out my account by $1100.00 USD.

Tony Bryner in 245Markets is one of the worst swindlers in the market. Do not send any Money to this scam/swindler. He is friendly when he asks for money. Withdrawal never happens.
I had lots of money on my account. suddenly he startet a 5 point sell with Bitcoin/USD and others too. He said that Bitcoin/USD will increase to 18000 USD and traded a sell instead. This was done on purpose and I lost $500000 pluss.
He never answers my questions and we need to stop this man.

anybody trading with cms trader?

GTP CAPITAL. STAY AWAY. They are not real. I am a victim and it has destroyed my family and future.Suddenly disappeared when trying to make a withdrawal. No support. Saw the scam alertstoo late. It hurts to see so many people that have lost their entire savings, retirement and much more.

These motherfuckers took my money as well

but the hell waiting for them

I lost $80k trading with binary option, being told my trades would be carried out using a master software. I thank God I was able to get my funds back through king-wizard(at)programmer(dot)net I would recommend his contact if your seeking to get your binary option investment back from your broker

I am a client of IBAMARKETS.COM (SIR GLOBAL LTD) This company has passed the certification procedure and obtained the FMRRC Certificate of Compliance on 18.05.2020.

I asked them for my first withdrawal of money 1 month ago and they do not respond to my mails, I do not have any technical support and support in this regard.

Through this email I wish to denounce this fraudulent practice.

Please warn people about Currency House. They are based in the Ukrain. They are not paying out ANYONE and keep postponing payout dates (To JUNE CURRENTLY). Its a massive scam.

I joined in June 2020 and deposit 5000usd. By September 2020 the account manager Chris Bonson has loss all my the money. Late September 2020 i was contact by Megan Logas saying she will help me recover the money and again by 16 February 2020 Megan Loagas has lost all the money. i request a withdrawal on 10 Febraury by nothing.

tixfx is a very big scam

Hello abram im just a random trader and can relate to your story. thank you for sharing your story. You`ve been in contact with Megan Lagos? this is her contact skype info:megan.lagos2
tixfx is that related to markets 245? yes its very sad to witness all the liers and scammers out there. be cautious and evaluate before open any account with some random broker. there are thousands to choose from.

Het i agree here as well. First a girl called me with the name of Gulia Ferano and gave her skype. She told me to deposit and at the first i didnt trust them, after she was like we have a professional guy who will help you to get 500$ a week if you deposit 250$, The name of the guy is Oliver Badger. I deposited becasuse i trusted on this broker. After i deposited, Oliver Badger called me and told me to deposit 250$ more and i was not ok with that and he started promising me that if i do so than i can get 1000$ profit a wekk. I did the withdraw of 500$ total and the guy started to say that we have a professional girl whose name is Megan Lagos with the skype name megan.lagos2, she contacts me and says again to deposit this this and you will get 5000$ profit in a week with the 101% guarantee and i thought that it was true and i had a total deposition of 1000$, i had total of 2054 dollar but when i try to withdraw they always cancelled. The reason was the credit and the margin level is low. They says always that and now i have only 440$ on the ForexGrand and it is still declining. I asked to Megan how can it be possible to go from 2054 dollar to 440dollar in 10 hours? she was like bitcoin increased and all. Now she fights with scream at me even tho she loosed the amount.. oops i lost like 1000$ and i would recommened you guys now to go and trust this forexgrand because it is a complete scam. They will eat all of your money. You are not getting anything back on this trust me

I lost 250$, it’s not a big amount for some but I am here to warn people so that they won’t make the same mistake. I saw their link first time on Facebook. There’s this short presentation done by two people (man & woman) as they’re about to board a private plane. Well, in short I got carried away with this presentation that I signed up. The broker’s name is: SKYLINE MARKETS. Later on, I decided to withdraw because what I saw in the presentation was way too far different. They replied (surely it’s a robot) that I need to submit “Compliance Department” to be able to get my 250$ back. I communicated as well through online chat and was told to wait 48 hours and etc. It’s been more than 5 days now and I nothing happened. 250$ dollars may be small for others, but this amount is already a big amount for me since I’m only working in a rank and file job. This amount that I lost can already fed me for 1 full month. I want the people to know that I got scammed and the name of the broker is SKYLINE MARKETS. This fake brokers should be wiped-out online or a massive “info” dissemination should be made to prevent people from further being scammed. Please help me spread it. They are now posting on Facebook walls and I’m sure if no forewarned is being made, more people will fall prey and lost their hard earned money. Once more, please take note, the name of the broker is SKYLINE MARKETS! Thank you very much!

How about Daily-Trades? My business partner in Belarus had been requesting her funds since May and she keeps getting the runaround. First they were non-responsive and once I started assisting her using my American force and nastiness, in mid August, they started promising the funds would get to her the next week. Now they have been doing this “it’s coming in 2-3 days” for the past 6 weeks with one lame excuse after another and continuing to ask her for more and more documentation. What can she do? Why don’t governments go after and shut down these scams.

The company I was trading with was taken over by another company named Ridge Capital Markets supposedly trading from an office in Zurich , Switzerland. I got my deposits returned from the 1st company but not the profits which were transferred to the takeover company. I started with the new company November 2020 to try and get my profits out and they convinced me that a financial analyst (Joe Davis) would speak to me about investing it with them in a managed account. I agreed to try it. Over the next four months I invested US$80,000 in regular deposits and built my balance to about US$113,000 which was a good profit.
During that period I only had 2 lost trades.
They then started to trade large money on a single trade of US$30,000 which lost. I questioned them about the size of this trade as I was not happy with their risk management and became suspicious. Over many weeks I asked for withdrawals for the first time and they became very difficult and did not honour any withdrawal and tried to convinced me with a measly $5000 withdrawal.
I then asked them to stop trading my account which they didn’t. I then asked them to close account and return my money which they didn,t do.
I manually stopped their trades on the Metaquotes MT4 trading platform which was quite a task. I kept asking to close the account without success.
They then proceeded to use trading software from their server which I could not stop and traded me down to nothing within 2 days. I spent money investigating them without success. Metaquotes would not help in tracing them. Their Bank in Sofia, Bulgaria would not help. The Swiss authorities would not help as I was told by my investigator. They are still trading through their website (Ridge Capital Markets) and the company Ridge Group Limited has an address in the Dominican Republic. They have still got a trading office address in Zurich, Switzerland and are still trading so stay clear of them if you value your money.

I i am misled by and have lost 47000 euro.
the first demand of withdrawal made no problems, but the 2nd was unsuccessfull (8000 euro-refused).
to come in contact with fellow-vctims i opened a Facebook group #powertrade .

you can Always join this group in order to bundle actions we can eventually do)

Being the originator of the Binary Option concept I want to reveal to all traders that the way the trading system has been made to work, since my artwork for my inventions got thieved years ago, is so that the money a person invests goes into the company bank and its directors pockets, never to be deposited into one’s own bank account. If you can get money transferred from a trading platform into your personal account then that is amazing. What is more amazing is if you can repeat that process many times after the first. Why that doesn’t happen is because of how the trading software has been designed to work. The many little wins one gets is designed to generate the greedy element in a trader so that the next investment is bigger for more financial gain but the result is often a loss and that takes a lot of trading to recover from. In the mean time the brokers go home with fat fists of money gained from their practice. That is why they are called brokers! My loss to Broker Capital Ltd. is $85,000. USD after the company notified me it was ready to be transferred back. It simply closed its doors and shut down their website. My total loss to the binary trading scam system is $400,000 AUD. The industry is one melting pot of many brokers that systematically do their little bit to suck your funds out of your bank accounts. When a trader is dissatisfied with one trading platform there are many others ready to continue the run out of the traders funds by the use of one or another scam technique they use to gain someone’s confidence and that is when a person is most vulnerable to the scamming brokers who present what is said to be a good opportunity to make some money quickly but ends up being bad advice. Be aware of the scamming methods used by brokers.

I surprised that KSFTRADE broker is not included in your scammer list , they are pioneers in frauds and scams .
when my balance with them reached 118000$ , the account manager vanished and all other company staff , the same happened with 10 persons of my friends , the only person who contacts traders is the account manager with skype name .. No. support or any other way of commutation with them even if you dont have any problem , they call you only to deposit money then no answer> they just collect money and vanish.
Please take a look at their reviews and victims on the internet

If you been scammed by IMB trading, please come and join us at:

Anybody been scammed by 2 weeks ago they closed their website and the phonenumber in both UK and USA stoped working. I dealt with a man named “Daniel Foster” and “Mark Smit”
Everything worked great for months but when trying to make a withdraw 2 weeks ago they vanished from the internet
The website is registred thru and email is behing

Broker Name: Michael Brooks
Account Number: 16632272
Investment Company: Globus Capital Limited

Hi. I have been investing with this company since February this year. When i began with them they looked so Genuine and would always update me with everything going on with my account. But for the past two weeks they have not been communicating, their website in no longer available, my account has not changed their phone numbers are no longer working. I am worried and i don’t know what to do. What bothers me is i referred 4 other people to invest there and they too are facing the same problem as i am. How can these be brought to book and on legal grounds how can we pin them down. If anyone can help please it will be greatly appreciated.

I spoke to lawyers in the UK. They have not assets in the company. Thus one cannot sue them. You can list your claims with the houseofcompanies in the UK. This will increase the length of time they have before they can file for bankruptcy. Other then that i am not sure what to do.

Globus was registered with the FSB so they enity cannot help us. I am actually wondering if it is worth visiting them in the UK however I do not think it would help much/

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TeleTrade Review


The TeleTrade group of companies happens to be the largest Forex broker operating all over the world, providing an opportunity to earn money via online trading for traders and investors.


Broker TeleTrade
Website URL
Founded 1994
Headquarters 1 St. James Place, Paul’S Avenue, KINGSTOWN, SAINT VINCENT AND THE GRENADINES
Support Number +7 (495) 961-20-23
Support Types Chat, phone (including the form of a return call), e-mail
Minimum 1st Deposit $2000
Minimum Trade Amount Min. rate $10
Bonus 1000$ bonus on deposit
Payout Up to 100%
Leverage 1:200
Spread from 0.00008 points
Free Demo Account Open Demo
Regulation The Central Bank of the Russian Federation (№045-13980-020000)
Account Types Demo, Standard, Professional
Deposit Methods Bank transfer VISA, MasterCard (credit and debit cards), WebMoney, Skrill, QIWI, Yandex.Money etc.
Withdrawal Methods Bank transfer VISA, MasterCard (credit and debit cards), WebMoney, Skrill, QIWI, Yandex.Money etc.
Number of Assets 100+
Types of Assets Currency pairs, futures, CFDs, indices, metals, oil
Trading Currency USD
US Traders Allowed
Mobile Trading
Overall Score 3/10

Full Review

Is TeleTrade a scam or it’s a company you can entrust your money and time to? We are going to answer this question in this detailed review of the broker.

The site of the company as its business card in many respects causes trust: there are several language versions, including Russian. They provided all the necessary information about the company, its regulation, while a thoughtful design does not prevent you from navigating and finding the right information. Anyone can register on the site, download a free terminal and open a demo account – all of this will take a few minutes and you can immediately start trading currencies, CFDs for shares, futures and metals. The company provides its clients with one of the most reliable trading platforms – MetaTrader 4.

The functional platform 100% justifies its huge popularity with today’s traders, as its cutting-edge capabilities make trading not just easier and more convenient, but also more profitable. The terminal works quickly, without freezing, which speaks of the broker as a high-level company. In addition to web-trading, a mobile version of the platform is also available, allowing you to trade at any convenient time.

Among the company’s popular projects one should mention investment projects Master-Invest (automatic copying of traders’ transactions) and Exchange of Traders (convenient analysis of traders’ activities and the opportunity to agree on cooperation). A 24-hour customer support service, which includes highly competent specialists, is available. For traders, there is an opportunity to undergo training in trading (a diploma is granted), which is particularly appreciated by traders in the reviews.

Separately, we note the actual daily analysis, which has repeatedly received international prizes (some of the reviews say that traders successfully trade on the basis of expert forecasts). Technical analysis is released every morning and supplemented by a comprehensive assessment of the market by leading financial analysts. In trading the broker allows to use all trading strategies, automatic advisers, hedging, etc.

Replenishment and withdrawal of funds

TeleTrade offers different ways of replenishment and withdrawing of funds. In order to replenish the deposit and start real trading, you need to pass a quick registration, pay the necessary amount, having chosen a convenient way of transferring funds. The account is opened only in US dollars.

Money for trade is available immediately after payment. The withdrawal of funds is possible for authorized traders, it takes from 1 to 7 days, and it’s carried out strictly within the limits indicated on the site, which increases confidence in the broker. Detailed information on withdrawal of funds and limits is provided in the personal account.

Complaints on TeleTrade

On the Internet TeleTrade has a variety of reviews, but it is worth noting that most of them are positive. Traders respond well about the convenience of working on the website and in the platform. They also add that the broker gives an opportunity to earn real money and mention beneficial terms of cooperation and interesting services. All of this once again proves the seriousness of the company, testifies to its reputation and success.

Nevertheless, there are also negative reviews. As usual, the company’s customers complain about a refusal to withdraw funds, problems in the terminal operation, etc. In order to avoid any negative experience in the work with the broker, completely verify the account, ask your personal manager about the features of the withdrawal procedure, the use of bonuses.

We only note that TeleTrade has been working in the financial services market for a long time. It has managed to gain recognition from traders, providing high-quality service for its work: the informative website, high-quality trading platform, convenient withdrawal options, thoughtful work with the trader – all of this indicates its stability.

If there are complaints about TeleTrade, then we will undoubtedly publish information in social networks. Sign up to stay up to date with the news.

If we find complaints about TeleTrade, we will post it on social media. Follow us to be well informed:

TeleTrade is a scam, isn’t it?

Today TeleTrade is one of the most experienced and most successful brokers, known around the world. The company has been providing high quality service for trade and investment for more than 20 years. The work takes place in a reliable terminal Metatrader, which is unlikely to cooperate with dubious brands. The company publishes an up-to-date daily analysis, which has received a number of international prizes and it allows to positively influence the income of users. In addition, you can study the numerous reviews of traders, most of which are positive, which can’t fail to affect the level of confidence in the broker.

Its tasty advantages include a high-quality website (including a Russian version), the availability of a system of bonuses, round-the-clock feedback, training opportunities – all of this demonstrates a thoughtful policy of working with the user, which can hardly be provided by scammers. In addition, it is a licensed broker with many prizes and certification, which also positively characterizes it. All of this shows the serious intentions of the broker, so it can’t be a one-day or a fraudster.

In spite of the fact that the broker has more positive points, there are also negative moments in the work with the broker (the high cost of the deposit contribution (from $ 2000), not all the materials are available on the website (types of accounts, terms of trade, etc.), which complicates work, etc. So, the broker is expected to fix these glitches.

Perhaps the answer to the question of TeleTrade’s hypothetical scam will be the fact that the broker is one of the initiators of the Commission on Regulation of Relations of Participants of Financial Markets and it’s one of the first to receive its license. By the way, the company is a co-founder of the CRFIN, also having its license. Do you still doubt whether it’s a scam or not? Well, perhaps, it’s not, as during the years of successful cooperation with traders around the world, the company has proved it. To avoid problems in using its services, we recommend you to clarify with your personal manager all information about the rules for using bonuses, the procedure for withdrawing funds as well as other features of the work.

The regulator of the broker

The activity of this broker is transparent, there is a regulation of several countries of the world, including in Russia. In this country, the broker is regulated by the The Central Bank of the Russian Federation (No. 045-13980-020000). Also there are licenses of CySEC (158/11), CRFIN and the Commission on Regulation of Relations of Participants of Financial Markets. Information on other licenses is available on the website in the section “Licenses and Regulations”.

TeleTrade bonuses

Each trader of the company can count on 2 types of bonuses:

1) The 24% bonus is granted by the broker to actively trading traders. To get a bonus, you need to actively use their trading platform. More details about the terms of the bonus please check with your personal manager.

2) The 1000 $ bonus on the first deposit is for all new customers of the company. In order to receive a bonus, you require replenishing the deposit for the amount not less than $1000. More details about the terms of the bonus please check with your personal manager.


The trade broker TeleTrade has been successfully providing online trade and investment services for more than 20 years, being deservedly considered to be one of the industry leaders. Today, having a large database of users around the world and providing a really high-quality product for online trading, the company is constantly developing, following the current trends in trading in financial markets.

The very presence of serious licenses, a great deal of positive feedback from users – all of this undoubtedly increases the overall level of trust and reliability. The presence of negative feedback on the network indicates that the broker needs to work with its users, and perhaps provide more complete information to the clients. It remains to be hoped that in this part the broker plans to work and improve the service. It’s expected to keep evolving, providing traders with more unique opportunities.

Should we evaluate TeleTrade as a fraudster? This question should be answered in the negative, as the company demonstrates high quality services as well as reliability of cooperation with users. Turning to traders, we are waiting for real feedback about TeleTrade, which will affect its ratings on our resource, and also warn against problems in its work.


I’ve had enough unregulated brokerages. when I deposited $1500 to my teletrade account and explained at one of the forums I do that cause they’ve got real offices, have a proper brokerage license in my country and are regulated by well-known authorities like cysec – these guys laughed at me. like yeah, who’d wanna pay 1.5-3 spreads if there are some spread-free brokers. guess who’s got the last laugh? I might not be profitable every week, but whenever i am, i can withdraw the money. this is the most important thing! At the moment i’m also considering to register as a trader with teletrade master-account program. have to keep the balance above $300 for this purpose though.

I can only agree, sometimes unregulated brokers may be okey and if the broker is unregulated that doesn’t mean that it’s scamm or fraud. However, such brokers are regulated only with their reputation and only thing that restricts them is their reputation. That’s true that it’s always better to choose regulated broker and Teletrade is one of the best brokers in this category. TeleTrade is one of the most popular and well-known brokers with long standig reputation and when I was looking for a new brokerage I turned to Teletrade. The reason why I don’t choose it innitialy was my own biases, I was sure that such broker is extremely expensive and isn’t opened for me with my $1,000 deposit. When I decided to change my brokerage, I tried to start with Teletrade and it was so easy and quick that I was wondered. Yeah, you’re right, spreads are higher than with unregulated brokers, but I understand what I’m paying for. I pay for fast and quick support service that always is ready to help, for CySEC regulation and for security of my funds. Each trader, moving from beginner to experinced trading, become prefer security and certainty to dubious savings. And I’m willing to pay more for top quality service.

I always think about this in terms of correlation between regulations and what brokerage offers. Yeah, brokerage with zero regulation is bad. But you forgot to mention (or mb you just didn’t face with) brokerage with extreme regulations such as US SEC or FSA. Such regulations are bad as well, as brokerage should take extremely high spreads. Teletrade in this regard is almost perfect, with good EU regulations, that is combined with low deposits and tight spreads, I think that’s regulations-opportunities equilibrium :))

I like the Teletrade broker because here you can not only trade, but also constantly learn. This broker offers tutorial videos and a large number of analytics, thanks to which I began to pay attention to those assets, which I had not noticed before and therefore saw more interesting profits. I think that this is a big plus and I plan to continue trading on a more serious, maybe professional level to make it a source of my permanent and stable income. Porfessionals feel good at Teletrade, because they get followers – other clients start following successful strategies that participate in the rankings, so this is not just a brokerage, but a chance to make this transition from amateur to professional trader within one structure.

I’ve been discussing Teletrade with other customers of this brokerage. It seems that we all agree upon the only drawback of the brokerage – spreads could be a bit tighter. On the other hand this cons is compensated in full with pros of the broker. Reliable executions, 0 requotes, excellent support and numerous extra services. Best part of it is that if you are consistently profitable and do at least several trades a day – you will inevitable move up in rankings of the company and people will start subscribing to follow your trading system. Every subscriber will pay for being synchronized with your trading system. Amazing opportunity for successful traders!

Copy trading is the real thing and it really works.
Previously I tried PAMM investing, but that’s one thing I rejected PAMM traing – I want to keep control over my trading, I want to keep control over my money. That’s why I don’t like PAMM trading, but like copy-trading. Teletrade copy-trading is not giving your funds to a manager that will trade with your money, that’s like you copy (obviously) your master decisions and pay % to him. IN this case you know for sure master account’s owner is risking his personal funds as well. Teletrade has clear ranking of masters, so there is no any trouble to choose the best one.
Overall, Teletrade is one of the best brokers, so I can recommend it for sure.

What is the differnce between PAMM account and sync-trading? I’m new to this and I don’t clearly understand. I want to invest in financial markets, but I don’t know how to trade, so I want to invest in trading with manager.

TeleTrade is a very good broker, I liked working with it. The broker has low spreads, which of course is worth noting, the convenient interface of the site and fast money withdrawal from the account. In spite of the fact that the first deposit is low, i make a reach deposit, as, it’s overlapped with a bonus on a deposit of one thousand dollars. At first I worked on their demo account, but a couple of months ago I realized that I can and want to work with real money, and in just the first couple of weeks I came out on the plus side, which pulled even more into trading with TeleTrade

Good trader, I’m copy-trading there, everything seems clear, TELETRADE has good reputation and is well known in the trading world. CySEC regulated, so there is no doubts that brokerage is fair. By the way, I have some things I can’t understand – the most important is what is a comission refund to investor. Can someone explain, as I (maybe I’m just a bass, haha) can’t catch. If someone can, with example pls!

Hi dude, I just want to share this with yall, as it seems you really need help. However, if you want to be successfull in trading, it’ll be better to you to learn google info on your own, not just ask for help. All such info is on TeleTrade official website and it’s easy to access. As well as you can ask a support service. I don’t want to ‘teach’ you, I just give you a tip. Let’s turn to refund of the comission. In general, it means partial refund of the commission accrued by the Trader during the settlement procedure via transfer to the Investor Account. Returns of commission to an Investor are executed via a balance transaction to the Investor Account with a comment as follows: “cmsn return from Trader Account Number”.

I like working at Teletrade – it’s a great terminal and I like the staff, they will always help me, but the bonuses are small, I see other companies offer 100-150% for any amount, but here it is not.

What? Do you understand what you just written? Send me a link to a REGULATED and TRUSTED brokerage that provides 150% first deposit bonus! I think you CAN’T! TeleTrade is REGULATED and you can’t expect so high bonuses. Teletrade bonuses are more than enough for a brokerage of such quality! I mean such a great quality!

I don’t know where you found such brokers, maybe only unregulated market makers. If you want to trade with such companies, okay, go on. But I can’t imagine a regulated brokerage, that will offer 150% bonus, its simply impossible. TeleTrade is regulated by CySEC and it acts according to strict rules, set by this comission, so it simply can’t be like this, offering 150% bonus is simply unprofitable for brokerage, even if any broker that isn’t a market maker, will offer you such bonus, it will set extremely high demands to withdraw this bonus in the future. I think it’s up to you to decide what you want – trading with regulated brokerage or get bonuses, but keep in mind that here ain’t no such thing as a free lunch.

Tell me, what about the number of withdrawals per month in teletrade, are there any restrictions?

No restrictions, you can withdraw as many times as you want it.

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