My first account manager was Evan Bennett, even had some educational sessions with him. He was very quickly changed to Alex Cooper (real surname Bielik). We communicated a lot through Skype. He convinced me to make a Risk Free Trade. He even said that he got permission from his CEO to increase it for me from £5k to £10k.
Overall I opened £7k worth of Risk Free Trades. Most of it ended up out of money, anyways they credited my account very promptly with a refund. At that point they also presented me with T&C for risk free trades stating that the volume required to trade before I can make a withdrawal is 20x (20×7000=140000). At that point I thought I’m going to blow up. Thinking to myself how I’m going to trade such volume, with a full time job it will take me ages (credit card fees going to destroy me).
At that point Alex Cooper convinced me to open managed account if I transfer additional £5k to my 500option account. Foolishly enough I did. He actually done a very good job trading with my funds for two weeks. My account grew and ended up with half a volume out of the way.
From that moment on I was left to my own resources when it came to trading. I actually surprise myself how well I’ve done. One more account manager change (Jett Henderson) and few months later I reached the volume. Extremely happy as you can imagine that I will have over £13,5k profit to enjoy.
That’s when the dream ended, after few weeks of trying to withdraw my funds I came across forums entries, about people who never managed to withdraw their funds, even that they tried for months. I invested £12750, it was my savings but most of it out of my credit cards. I’m in the process of disputing those transactions with my bank and credit card companies. I don’t believe that I will get it all back, but need to exhaust my options first. Can anybody help?
It’s basically confirmed that 500option is a SCAM company, yet numerous web sites highly recommend them. If anybody got their details (for example their London address) please comment here, as I will be passing this to whoever I can to shut them down. I’m sure there’s many people out there who keep trading with them, but because they didn’t get to the point of withdrawal, are not aware of it. I started with rating their mobile app as SCAM and Fraud. If you can do the same, please do.
Thank you for taking the time to read it. I’m off to tell my wife that I f…ed up.
Try this address: Donald Services, 64 Paul Street, London, EC2A 4NG, UK. They are really evil.
accounts for the last six months. I just get excuse after excuse. There accounts department is apparently very busy!!
If you believe that you’ll believe anything. It now seems very unlikely that I will ever receive my funds and so all I would like to do now is damage the company as much as possible. Any ideas ??
best regards Robert Best
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