The binary-options black hole: Forget about making money, it will suck in what you have.
Run by offshore companies,
binary option copy trade platforms like Olymp Trade lure investors with promises of handsome returns. But the reality is different: Even if a trader has an equal number of wins and losses,
the final earnings are less than the money invested. And in case the trader wants to withdraw what’s left, they will block the account.
16 Mins Read, Jun 10, 2019, 03:12 AM IST.
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"How can you not allow me to withdraw my own money?"Sudhakar Rane (name changed) was bursting with anger when he called the helpline of online forex-trading platform Olymp Trade. "You need to complete trade volume of USD3,000 before you start withdrawing profits," the operator replied. "But don’t worry, Sir. Profits are much more when you invest more.""USD3,000? I was told the minimum amount to trade on your platform is USD10, I still paid.
Business NewsETPrimeMarkets The binary-options black hole: Forget about making money, it will suck in what you have.
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