Optionot

I wanted to give the WA family a Heads Up.

I had signed up with a binary company to experiment with binary trading. Said company is OptioNow. Initial deposit required? $250. Okay, so when I opened the account, I had that to spare. I did not make anymore than 3 trades-of which maybe 1 was successful? However closer to home the money was tightening fast, so I asked them for a withdrawal ( about $200) and they wanted all kinds of verification (fair enough) of who I was. Fine, got all that/scanned to their position.

Four days later, another note from OptioNow. Saying they were almost done processing but needed a copy of the back of my DL. Whatever. It got sent. Silence. I sent another note-they apologized, said it had been sent over to my account manager who would handle it.

3 days later (by now we are in the 3rd week since initial request). I sent a note asking who my OptioNow manager was. No reply. 2 days after THAT I sent a note saying if the money was not in my account by Friday, I would have to write a nasty report. Well, it's that time. NO money on Friday AND a huge drop from $143 (as of last check) to $53.50! I assume at this point I won't be getting it back. However, I do still have faith in the binary system but recommend waiting till your safety net is there. To that end, ForexBrokerInc is great, and they have a demo account which they fund so you can practice all you want and no damages.

Hope I saved some of you money damages.

Cheers,

Poetman