Read our FX Trade Options review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a fxtradeoptions.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So FX Trade Options is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about FX Trade Options in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
FX Trade Options Review Conclusions
Making the FX Trade Options review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our FX Trade Options review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
I am very upset because FX trading options has took me for my money they wanted me to pay $360 for tax and I would get $1,800 then they offered me $200 to put my wallet to get my money now they’re asking for $800 these people are scams
FXtradeoptionstrade.com are scammers, they deceive you by pushing your desperation and promising that this would be the last. they are quick on response and deny fees to be levied from profit. when you want to withdraw no one remembers until last moment you must buy a signal package. CEO John hancock also makes promises.
they use multiple
They are legit scammers and they took my money and then they have the audacity to be asking for more…..
FXtradeoptionstrade.com are scammers the try to take your money and decieve you
Hi All, i am in the pursuit to try and get my funds back. I was first met Elizabeth on my instagram account she had contacted me claiming to be a professional FX trader. She is with a company out of San Francisco called Options-FX.com. she claim to be the manager she had got me started for $250 usd. The CEO of the company contacted me also. Her mame is Melissa so she said offering two packages one $1,500.00 possible turning that into $10,000.00 and thdn there was the $5,000.00 turning into $50,000.00. I was skeptical so i thought the $1500.00 would be the best for me to try.. The only thing i got a little carried away in the hype pretty soon i was on for $2600.00. The wanted me to give them another 1400 but i said no so many times. They told me if i didn’t give them at lrast 400 i wouldn’t see a dime of it back. So i decided to give 400 more thinking i would get it back in the end as Elizabeth claimed, to round it off to 3000.00 in deposit. My profit is showing $30,000.00 and a $3,000.00 This is all done by a automated trading robot as they claim.
The next problem is they want a 20% fee which was fine. The thing they don’t tell you that 20% is to be paid separately at the end of trading which lasts for a week. The major trouble is paying that money in the end not knowing if that $33,000.00 is ever going to be paod to you. I have experienced that today first hand. Even deducting that communication from the total was a no go. I had asked fory deposit back but no reply. I don’t think was ever any intention on the end to refund any or all funds. I tried to reason but a no go on there part. They only wnted my 20% $6,000
00 to be paid to them.
Does anyone know of a repercussion I can do to try and refund a complaint to cyber crimes contact #
Disappointed that I got took by the two individuals one that calls herself the CEO of options-fx and her name is Melissa and the Manager or recruiter of suckers like myself and many others. Her name is Elizabeth. Her moto is “Invest with Elizabeth ” she is on Instagram and the company they tell me is from San Francisco California. Everything sounds like on the up. The only thing is you give them your money Nd they keep asking for more and more each day with promises but it cost you way more in the end they charge you a 20% commission over and above your profits but you will never see your money you made. I didn’t want to give them anymore money. I asked so many times to deduct off my profit that I lost my cool. I don’t think there was any profit at all. They are just looking for your deposits. Melissa just keeps asking for $6,000.00 commission and i didn’tgive anymore money. There is no reasoning with them losts of excuses. They should all be in jail. Good luck to the next poor sucker. Don’t trust them.
I just got taken in by Earnfxoptions.com for $360.00. I wanted to test the waters by investing small. It hasn’t even been 24 hrs and they email me about a $1000-$4000 “Signal Package” in order for them to continue my trades or withdraw my money. My bad for not doing my research before investing. They promised me a return of $5500 with a $350 investment. Watch out for the name marcia_albert_fx on instagram. $350 loss was a lesson learn. Not about to shell out another $1000-$5000 for their signal package . You’ve been warned.
I lost my 2000 $ on fxtraderoptions.com 😭
Is it possible to get money back,the is a lady by the name of Bridget and says she is working fr the Fxoptions as I’m typing this now she is busy on my Facebook account she made me do a video about investment platform and even did a used a capitC bank logo to confuse people that i got money from her….. Please Please help us stop these scammers.