I had been a Stratx client for about 2 years and they were trading binary options for me. Nothing impressive but they were not losing much. In 2017 they offerred to add me to the 'corporate team' on a tial basis, Now they were actually making a profit on my acount and it was looking proising,
At the end of the tial periond it reguired extra funding to stay with the 'corporate team traders', again it was looking good with my account going up to about £14000
Then out of the blue and against the agreed trading level in the 24th December 2017 they placed a number of loosing trades on Bitcoin and lost all funds in my account in the space of less than one hour and closed the account.
I was Junusary after the Christmas holidays befor I was able to get any contact with them. They said that they had closed all UK accounts anf there was nopthing to pay back to me. They did not want to di8scuss why they had made the losing trades and lost everything
I am assuning that all the other UK clients have had the same treatment but I do not know any to talk to
I do not seem to be able to complain to anyone as they are not FCA registered
Basically they were free to do whatever they want and they did. My opinion is that they stole my money and there is nothing I can do about it
Only realised this was a scam too late. Started with small amount £2,000 and was persuaded to put more & more in. Account did go up and down but slowly increased and trading platform seemed genuine - more fool me you say
Had a trading bonus which is whys I was persuaded to increase deposits to do bigger trades and satisfied bonus requirements end November 2017. Still denied withrawals then which is when I got more suspicious. Alway an excuse like open trades, which wouldn't have affected withdrawal asked for anyway.
2 days before Xmas weekend they started unauthorised trades losing money, though still a healthy profit end December. Then Jan 2nd 2018 email to say they were withdrawing from UK operations (upcoming FCA regulation I guess), and would return account balances. Mine was suddenly ZERO, but was locked out of my account. and no response to any communication. Seem to have lost a small fortune, will look at legal redress
Cold called by a man calling hisself Garry Tuohy told to deposit £2000 and get a free bonus added for 14 days, said I had no knowledge of Binary Options and was told my account would be managed by one of Stratx account managers,this did happen for a while and my account manager was a person calling hiself Robert Samuels until he supposidly went ill with heart problems, during his illness!! my account was put onto a automated system this I did not know about and my funds dwindled away to nearly nothing. When I complained about this I was given various excuses, and since having read various reports believe to be lies. I have not been able to get my £2000 back even after going through the procedure with the financial ombudsman. But I believe if the Ombudsman spoke to Stratx they would have been told lies anyway. So I am looking into raising another complaint to get my money back.
I have had very bad experiences with Stratxmarkets.
They will gladly take your deposits and quickly show you that your money is being put to use and making money. They will do this with the aim that you deposit increasingly higher amounts, which looks persuasive due to the substantial gains in a short time frame.
Once your account is funded, they will add bonuses to your account without your knowledge that according to them effect your ability to withdraw funds.
You will NOT be allowed to withdraw your funds again after this and all withdrawal requests will be denied.
I advise all who have experiences with this company to write reports to back up my claims as I am sure this is how they operate with their other customers. The company is run by liar scam artists and I have dealt with the following people there who serve just to waste time when they have no intention to allow you your money back:
Tom Collins
Steven Travis
Tom Joseph
Alexander Chambers
They operate the binary options company from the Marshall Islands to try and exclude themselves from the law.
I would be interested to read reports from anyone else who has had dealings with Stratxmarkets.
My experience with all members of the company have been poor-lack of professionalism,disingenuous and down right liars.
They are set up to encourage customers to keep depositing more funds into their accounts after showing short term gains to reel them in.
Once the money is in the account they set up bonuses without informing the customer that these have major implications on the accounts.
Basically that there is no chance in hell that the customer will see their money again as any withdrawal of funds is limited due to the application of these bonuses.
If anyone has lost money to this company please take time to file reports here as I am gathering information to close this company.
I may not ever get my money back but I want to warn others and would hate anyone else to be scammed similarly.
We need to put a stop to these binary traders who to date are operate outside of any legislation.
Avoid like the plague StratxMarkets who will only trade to show a profit to scam you into depositing more funds into your account.
They will then freeze your account by adding "bonuses" without you permission or explanation thereof.
Any attempts of withdrawal of your hard-earned money will be met with refusal and lack of explanation as to why.
Months of frozen accounts with money not being traded and without ever an explanation as to when you might be able to access the funds.
I've encountered the following members of the company and advise noone to deal with them or anyone else for that matter representing this fraudulant company:
Tom Collins
Tom Joseph
Steven Travis
Alexander Chambers
James Davenport
Anyone with any good experiences with this company I would like to here from.
StratX Markets Reviews
I had been a Stratx client for about 2 years and they were trading binary options for me. Nothing impressive but they were not losing much. In 2017 they offerred to add me to the 'corporate team' on a tial basis, Now they were actually making a profit on my acount and it was looking proising,
At the end of the tial periond it reguired extra funding to stay with the 'corporate team traders', again it was looking good with my account going up to about £14000
Then out of the blue and against the agreed trading level in the 24th December 2017 they placed a number of loosing trades on Bitcoin and lost all funds in my account in the space of less than one hour and closed the account.
I was Junusary after the Christmas holidays befor I was able to get any contact with them. They said that they had closed all UK accounts anf there was nopthing to pay back to me. They did not want to di8scuss why they had made the losing trades and lost everything
I am assuning that all the other UK clients have had the same treatment but I do not know any to talk to
I do not seem to be able to complain to anyone as they are not FCA registered
Basically they were free to do whatever they want and they did. My opinion is that they stole my money and there is nothing I can do about it
Only realised this was a scam too late. Started with small amount £2,000 and was persuaded to put more & more in. Account did go up and down but slowly increased and trading platform seemed genuine - more fool me you say
Had a trading bonus which is whys I was persuaded to increase deposits to do bigger trades and satisfied bonus requirements end November 2017. Still denied withrawals then which is when I got more suspicious. Alway an excuse like open trades, which wouldn't have affected withdrawal asked for anyway.
2 days before Xmas weekend they started unauthorised trades losing money, though still a healthy profit end December. Then Jan 2nd 2018 email to say they were withdrawing from UK operations (upcoming FCA regulation I guess), and would return account balances. Mine was suddenly ZERO, but was locked out of my account. and no response to any communication. Seem to have lost a small fortune, will look at legal redress
People I dealt with at Stratx Markets
Cold called by a man calling hisself Garry Tuohy told to deposit £2000 and get a free bonus added for 14 days, said I had no knowledge of Binary Options and was told my account would be managed by one of Stratx account managers,this did happen for a while and my account manager was a person calling hiself Robert Samuels until he supposidly went ill with heart problems, during his illness!! my account was put onto a automated system this I did not know about and my funds dwindled away to nearly nothing. When I complained about this I was given various excuses, and since having read various reports believe to be lies. I have not been able to get my £2000 back even after going through the procedure with the financial ombudsman. But I believe if the Ombudsman spoke to Stratx they would have been told lies anyway. So I am looking into raising another complaint to get my money back.
I have had very bad experiences with Stratxmarkets.
They will gladly take your deposits and quickly show you that your money is being put to use and making money. They will do this with the aim that you deposit increasingly higher amounts, which looks persuasive due to the substantial gains in a short time frame.
Once your account is funded, they will add bonuses to your account without your knowledge that according to them effect your ability to withdraw funds.
You will NOT be allowed to withdraw your funds again after this and all withdrawal requests will be denied.
I advise all who have experiences with this company to write reports to back up my claims as I am sure this is how they operate with their other customers. The company is run by liar scam artists and I have dealt with the following people there who serve just to waste time when they have no intention to allow you your money back:
Tom Collins
Steven Travis
Tom Joseph
Alexander Chambers
They operate the binary options company from the Marshall Islands to try and exclude themselves from the law.
I would be interested to read reports from anyone else who has had dealings with Stratxmarkets.
My experience with all members of the company have been poor-lack of professionalism,disingenuous and down right liars.
They are set up to encourage customers to keep depositing more funds into their accounts after showing short term gains to reel them in.
Once the money is in the account they set up bonuses without informing the customer that these have major implications on the accounts.
Basically that there is no chance in hell that the customer will see their money again as any withdrawal of funds is limited due to the application of these bonuses.
If anyone has lost money to this company please take time to file reports here as I am gathering information to close this company.
I may not ever get my money back but I want to warn others and would hate anyone else to be scammed similarly.
We need to put a stop to these binary traders who to date are operate outside of any legislation.
This needs to change so help me exterminate them.
Avoid like the plague StratxMarkets who will only trade to show a profit to scam you into depositing more funds into your account.
They will then freeze your account by adding "bonuses" without you permission or explanation thereof.
Any attempts of withdrawal of your hard-earned money will be met with refusal and lack of explanation as to why.
Months of frozen accounts with money not being traded and without ever an explanation as to when you might be able to access the funds.
I've encountered the following members of the company and advise noone to deal with them or anyone else for that matter representing this fraudulant company:
Tom Collins
Tom Joseph
Steven Travis
Alexander Chambers
James Davenport
Anyone with any good experiences with this company I would like to here from.