TR Binary Options (TradeRush) Review - Not Even Regulated!

TR Binary Options was originally called TradeRush. They offer so called binary options trading - I call them fixed odds bets because that's what essentially this is. The address we have is Cheshire Capital Ltd, Cavell House, Stannard Place, Crispins Rd, Norwich, NR3 1YE, United Kingdom. This is a Regus virtual office which is used by other binary options brokers (which are mailbox services that come with phone support and mail forwarding). It is fairly clear why dodgy binary options brokers want to use the service. The providers get their ‘prestigious address’, calls get forwarded (to Tel Aviv or wherever) providing the smoke and mirrors disguising the fact that no TradeRush employees are actually located there, and by adopting any number of these offices on a global basis adds to the illusion that this is a big, credible organisation. Furthermore, it provides the senior employees/owners of these providers with the anonymity they need. I believe these guys are also behind RedWoodOptions.com and MagnumOptioins.eu – all are based on the original SpotOption platform so what we will say about TR Binary Options will apply to the other brands. What follows is an unbiased examination of the platform (do not take this as a recommendation to use TRBinaryOptions). TRBinaryOptions (originally known as TradeRush) is a standard binary options broker based on the original SpotOption platform. The brokerage was launched in 2011 but aren’t regulated – this is a big minus.

Comments

1. Bought into this scam. Put $50 grand into it with promise that I would get a trader to tell me what to do. I signed a million forms and they did a bunch of checks. Looked legit. Turns out I was locked into a trading volume of half a million dollars!! OMG. I originally told them I wanted to trade to buy land in the fall. I joined in June. Turns out i'm not buying my dream property. I was shifted from trader to trader over a 2 year period. I think about 7 of them. All of them leaving due to a death in the family! hmm? The traders lost me over 10 grand with their suggestions. They sent trades once a week . IF they remembered. I was told at one point the rules changed and they couldn't help me anymore. When I complained they sent trades again. I started doing 60 sec. trading as I could trade down the huge volume much faster. Today I met my goal. All the stress melted away until I found out I can only take out 2 grand per week? Not what I was originally told. Anyways. I"m down to 16 grand out of 50 grand. I noticed the 60 sec trading charts never quite lined up. A second before your trade would come due it would jump 1 point below your mark and then after you lost it would jump back up again. Rigged? well after watching it do that over and over I think so! The two charts displayed were never the same. I took pictures of them and sent in complaints showing I had lost on one chart but would have won on the other chart. Nothing was done. I was told they had sure bets and put in more money. But the bets failed. When one trader said he would cover it even if it lost he left the company when I complained the money was not put back into my account. Another death in the family. Anyways its all a scam. Too many lies and so many deceits. Never join this company!
2. DO NOT deposit any money with TR Binary Options. They are happy to take your money but will not refund it if asked. I have spend 3 months trying to get my account closed and my balance refunded. I get 2 or 3 emails saying the money is in the withdrawl process, then another email saying I did not supply the necessary identification (which I have now done 3 times). RUN from them as fast as you can in the opposite direction
3. This is a total ripp off. Don't spend your $200. I will tell you about my experience. I spend $200. The market analyst called me and asked me for $2000, they just want money from newbies, total wast of time, the RSI is a complete false, the way he shows here doesn't even work as the min bet is $25, when you loose your $200, if you ask them to show you the system, they keep on saying we are sorry for convenience and we can issue you refund, for refund you have to proof your utility bill and visa/mc that you used to pay with. If you think you learned while loosing your $200, then again when you may want to deposit $25 from your visa/mc, you will need to deposit min $200 - max $20000, all they want is make money from newbies as the graph for call and put goes up and down so fast that you maybe winning on first 58 second, and then boom, you loose on last 1 second, this is really 100 % risky and very bad for people like newbies like myself, so stay as far away as you can. Just a friendly advice.