Is CTOption a Scam? Read This Brutally Honest Review

Closed!

CTOption
Regulated: No

Broker Name:	CTOption
Platform:	PandaTS
Founded:	2010
Bonus:	300%
Return/Refund:	70-80%/0-15%

No. Of Assets:	100+
Regulated:	No
Demo Account:	Yes
Minimum Deposit:	250
US Traders:	Accepted

Last Updated 09/22/2020

CTOption Review

by Martin Kay

CTOption is owned and managed by InfiniCore Ltd. The Jaycees Building, Stoney Ground, Kingstown, Saint Vincent and The Grenadines but they are currently not regulated. Their phone is +4721954405 and contact e-mail is [email protected].

Clearing services are managed by InfiniCore Ltd. England, 2 Woodberry Grove, Finchley, London, N120DR, England. According to their Terms and Conditions, the CTOption website is also managed by Ninety Nine Research Assets Ltd, an active but dormant virtual office registered in: Anguilla, the Mason Complex, 2nd floor, company number is 08940282. This company is not licensed either and is warned against in Anguilla where it is registered, find out more below under “regulator announcements”.

CTOption clearing is also managed by Ninety Nine Research Assets Ltd, England, Ilford, Essex. The brokerage is still not regulated by a major authority, so they either gave up on their efforts or they couldn’t meet the standards.

Is CTOption A Scam?

CTOption is operating like a scam according to all the complaints we have found. In addition, there are a few major downsides which affects CTOption’s credibility. To start off “softly”: Some may say that the bonus terms are a scam but what bonus isn’t a scam? You have to read the terms and understand what you are getting in to and I never recommend getting into a bonus. You might want to go through Terms and Conditions before you decide to take a bonus, unless you want to might become another victim of your own will. Another thing that really bothers me personally and other traders is the 5% rules regarding position size. In case a trader wants to open position equals to 5% or more of their overall balance, they should notify their account manager BEFORE trading, else the trade will be canceled, even in the event of winning. That really sucks, and raising some questions regarding CTOption reliability.

Update September 2016: The 5% rule is still in place according to their Live Chat support. Overall not much has changed for this brokerage in terms of what they offer but the clients’ opinion about them has certainly degraded.

And moving on to what really hurts their credibility: More and more scam reports have appeared in the last period and people complain about account managers trading without their consent and losing their money. According to some, the traders featured in the Replicator software are actually the broker’s people, not real clients. Upon further investigation in 2017, we found many more complaints regarding depleted accounts once clients requested for withdrawals and this is a big sign that CTOption is a scam broker. Find out more under “Complaints”. Another big sign of scam was exposed when we looked under “Who referred you to use” in the live chat. Apparently, CTOption is working together with all sorts of “get-rich-quick” scams such as: FastCashbiz, Code Fibo (exposed in our scam watch), Profit Maximizer (reviewed and exposed by us), Quantum code (warned against by NSSC in Canda), Cash loophole, Push money (reviewed and exposed by us) and many more already exposed scams!

Warning! Several Regulators published warnings against this broker get started with a REGULATED broker now!.

Editor’s Note – Why CTOption DOESN’T Suck in 50 Words?

CTOption is based on PandaTS, a leading provider of software and platform solutions for Forex and other types of financial institutions.

Why does CTOption Suck

They suck because you will mostly find negative comments and tons of complaints about this broker and the experiences and stories are similar and they involve CTOption’s account managers and their notorious ‘Replicator’.

Should I Open an Account with CTOption?

You should probably avoid this broker. They are already warned against for un-authorized activities by many authorities worldwide and some stories told by many of their former and current clients suggests they have no intention to simply process your withdrawals.

The platform itself is good and well equipped. Trades execute very quickly but moving from one screen to the next, or switching from high/low to touch trading has a bit of lag. The platform supports high/low, range, touch and Hyper Trading. Hyper Trading is their name for 60 second trading and other super short term expiry. CTOption may have the broadest offering in this class including 30 seconds, 60 seconds, 2 minutes, 5 minutes and 10 minutes expiry. Aside from those the other options are mostly restricted to intraday expiry’s that will vary from asset to asset. The asset list itself is also pretty good. The only thing I really see missing are the Asian indices. They have the EU and US, they need the Asian. CTOption has more than 2 dozen forex pairs with four of them based on Bitcoin including BIT/USD, BIT/EUR, BIT/JPY and BIT/GBP. There are 4 commodities including gold and oil and a basketful of international mega corp stocks. The minimum position is as low as $5.

Another great disadvantage and threat is their Binary Replicator which is used by their account managers to deplete trader’s accounts. As if that wasn’t enough, you will be charged a dormant account fee of 10% of your balance per month (at least 50$/€/£) if you have been inactive for two months without prior notice! In conclusion, CTOption will do everything to make sure you lose your deposit.

CTOption Complaints

More and more complaints pop up across the internet, ranging from price manipulation to failure to withdraw and to account managers trading without client’s consent. These complaints can be easily found on the main online forums, including ours, in the dedicated thread: CTOption Live Discussion.

Update January 2017: The complaints have multiplied since we last checked and the stories now line up: Replicator complaints, not honoring withdrawals, asking for “dormant” payment and generally very bad vibes.

CTOption Regulatory Announcements and Warnings

01.11.2016: FCA, the UK financial conduct authority warned against CTOption that appears to be operating without their authorization. Furthermore, the FCA mentions on their website that CTOption is falsely claiming that their payment services are authorized and regulated by the FCA.

26.10.2016: Anguilla’s FSC (where the company operating CTOption is registered at besides their UK virtual office), issued an Investor Alert warning against CTOption and the firm that is currently managing the brokerage.

11.4.16: The Italian Consob’s blacklist added InfiniCore/CTOption.

17.3.2016: British Columbia Securities Commission BCSC warns against CTOption which is not licensed to operate in BC.

13.5.2015: French AMF adds CToption to their blacklist of unauthorized websites.

Notice! Looking for a Binary Options Broker in the USA? get started with a NADEX now!.

CTOption Bonus

Bonuses are always a point of contention between the brokers, reviewers and traders. I don’t like them and the CTOption bonus is no different. In fact, it may be one of the worst, or at least the hardest to understand, bonus policy I have seen. In the terms they state that unless “agreed upon” no “non-deposited funds” are available to be withdrawn. However, there are sign up bonuses that can be up to or over 100% of your initial deposit. Bonuses under 100% have 30X time trade volume on deposit plus bonus, bonuses over 100% of your deposit come with a 50X trade minimum. Regardless, I would normally speak directly with my account manager to be sure I am perfectly clear on the terms but since CTOption can change their terms and fees as desired I think it’s best to simply avoid bonuses.

Update September 2016: According to their Terms and Conditions, bonuses of 300% and above (!!!) will require a trading volume of 70 times the bonus amount before a withdrawal can be made. Keep in mind that the total trading volume will be reset to zero if you are granted another bonus.

Latest findings from 2017: Upon accepting a bonus, you may not withdraw your own money unless you first trade a volume of 1x the deposited funds + the bonus and wait 3 months! Remember that the dormant fee is 50 currency units. So, in case you deposit, take a bonus and realize you don’t want to trade with CTOption or you just don’t know how to trade you will have to wait 3 months which makes your account dormant and you will be charged the 10% fee and then a withdrawal fee of 50 which means you have already lost at least 100 or much more. To make matters worse, only specific investment sizes are accepted as trading volume and there is a time limit. As mentioned earlier, the bonus terms are probably the worse we have witnessed in this industry and the most complicated.

CTOption Withdrawals

CTOption withdrawals are a little bit complicated if not outright impossible most of the times. First, Min withdrawal is about $100. Second, In order to make a withdrawal you must fill out, print and sign the withdrawal request and then scan/email it to their financial department. According the company’s officials, withdrawal should take approx. 24 hours after sending paperwork, depending on the method. They highly recommend using a single source such as a single bank account, credit card or eWallet in order for easiest withdrawals and compliance with AML laws. Ewallets have the quickest withdrawal; they will clear to your account in under 2 hours once processed (2-3 days max for others). However, judging from what we learned above, a withdrawal from CTOption might be as hard as getting blood from stone. Because CTOption can at any time, change (read raise) your fees as they please or simply view your account as “unqualified”.

Update September 2016: The minimum withdrawal is now 100 account units. The processing fee goes up to 50 account units and we strongly recommend reading their full Withdrawal Policy because they charge all sorts of fees and you should be familiar with them.

CTOption Ratings

User Friendliness 17/20

CTOption is a user friendly platform. The layout is intuitive; the trading screens are easy to understand. There are also no downloads required. The broker also includes lots of educational and analytical material including articles, ebooks, and daily updates but to gain access to most of them you need to open an account first.

Assets/Expiry 17/20

CTOption has a very very good asset list with over 100 assets. It is not the best and has some limitations but still very good. The list is Forex heavy but that is no surprise as most binary traders come from the Forex world. All the major indices, commodities and stocks are present except for those from the Asian markets. Expiry is OK. I say OK because it is good for day traders and super short term traders but not so much for longer term traders. Since it’s Binary after all… short terms are great.

Update September 2016: Long Term binaries are now available but not for all assets. Anyway, it’s an improvement from the previous setup.

Commissions, Support, Effective Returns 14/20

After opening my demo account I tried to use the live chat to answer a simple question and got nothing after the hello. Maybe they care more about registered users who actually deposited… Anyway, returns are average for the industry in the 70-80% range, including 0-15% out of money refund.

Update 2017: Fees are not limited to withdrawals and are a bit excessive. Amounts up to 100 might not be subjected to fees for the first withdrawal but after that, a $50 or higher will apply. We strongly recommend you check out their fee structure in their Terms and Conditions. In addition, the fees can be changed for specific accounts at any time without further notice and you may be charged a dormant account fee of 10% or higher after 3 months of inactivity.

Deposits, Payments, Bonuses 15/20

Update September 2016: The minimum deposit is now 250 account units (USD/EUR/GBP) and the minimum withdrawal is 100 account units. The turnover can go as high as 70 times for bonuses above 300%. Overall, the bonus terms and the entire terms and conditions are a big mess and hugely unfavorable for traders. Withdrawals are often not being processed and in the meanwhile, accounts are being depleted using account managers or the “Replicator”.

Broker Extra’s 12/20

There is the Replicator and trading signals but since you are in a conflict of interest with the broker it’s best to avoid them.

CTOption Overall Ratings = 75/100

Check out our Recommended Binary Options Brokers

104 Responses to “CTOption”

Sort By:

Jeanette B
09/15/2018 07:40

I was sent an email with
I was sent an email with a video about Binary Options. After joining in August of 2016, I got into their website which also was with CTOptions. I didn’t know how to trade or use the robot. After depositing $250 first, an email was sent that Jasper Vrede, a senior advisor, was my chosen broker. After he called a couple times and not being able to chat with him, he decided to pass me on to a lady named Victoria Sharp, a trading specialist. She called me and I was able to speak with her. She did suggest adding more to the account, and she would help me grow it in trades. I added more funds until it got to $1450. She traded it until it grew to $2400+. After winning some trades, I got excited. Victoria changed my password to get in. She asked me to add more monies to $5000. I said I couldn’t afford that much. She got on the phone and taught me how to fast trade and made it grow. She mentioned the matching funds, which I didn’t want. They did not add any matching funds. Later, she said she would invest my money in 3 stocks, Gold, Silver, and Oil of $500 each ($1500). It would be there for 3 months. After 3 months, My $1500 was returned to my account as a Bonus, but nothing extra, which was a fraud/scam. When I didn’t go back to trade for a couple months, they ended up taking “dormant fees” for non-trades of $637. After I wrote to Victoria about this, She never returned calls or email. I wrote to another manager named Sam and explained things with Victoria. He said I could request a withdrawal to the support team. After asking them for a withdrawal, they sent an email of all the documents to send them for withdrawals. After all that, they denied my withdrawal because it was considered a bonus and I’d have to trade 30 times the amount. What a Rip Off! The end of the story is that they eventually withdrew or traded my money down, then they closed my account so I can’t get in any longer. NEVER TRADE WITH BINARY CODES OR CTOPTIONS!!! THEY ARE A SCAM COMPANY.
00
David w
02/09/2018 20:18

i have been trading with cto
i have been trading with cto optiom since may of 2016 in total i put $3500 into trades my account raised too 15,000.00 when i try to take money out too close my account they said i can not because of the the bonus they have applied to my account..i said i did not ask for any bonuses..i told them i just wanted to close my account and leave them alone..they the will only give me $750.00 back i told them that was unfair and i would have to think about it ..well it has 2 months since..when go too log on to the account i can not ..i feel i have been taking advantage and scamed..!!! i need help please..!!!
00
Chungag Anye
01/24/2018 19:04

CTOption are outright robbers and thieves
CTOption are outright robbers and thieves. They will not pay you your earnings nor would they consent to your application for withdrawals. What is annoying is the ease with which they collect money from your account using experienced crooks to use tricks to get into your account and collect money with very fanciful promises. My sad experience is that l opened five trades and on the day l was to validate my earnings, l was told the site is no more available in my region and asked me to link up with their support desk if l am a customer. Everything about the link is so nebulous that you will never find a link that leads you to anywhere if you have questions and need answers. These guys are rogues . They will pay dearly for it because all of thrm are operating under a curse. The curse will ruin their families and all who benefit from their illicit earnings. A thief is not smart. He only takes advantage of the vulnerable. Nemesis will surely catch up with them.
00
Kenneth Young
11/23/2017 20:51

I deposited a total of $5
I deposited a total of $5,000 in my account. It eventually grew to $32k approx. My broker did not trade my account and I was charged a non-trading fee of $3,224. My broker said the funds were mine with no restrictions. He still did not trade my account so I requested my account be liquidated. I cancelled all my replicated trading accounts. Between the time I requested my funds someone in CToptions set up a replicated account with A.T. and promptly lost $6,800. I cancelled the trade and wrote them and made it clear that they were not to trade my account. I then requested the balance that they owed me. I just went into my account and they re-established A.T. and blocked me from removing the trade. They have lost another $6,800 form my account. THey are deferred to trash my account and I am sure my $5,000 will be stolen from my account. Unless you are a large six figure account do not trade with CToption.
00
Ayo
07/16/2017 21:38

I got introduced to them via
I got introduced to them via affiliate program that offered free trading signals hence I did not do my due diligence. Assigned account Manager Liam Venter( sure 100% it’s fake name) told me point blank during our skype chat he used my deposit and profit for shopping and called me a nigger. I wish I can copy and paste our convos here to warn others.
00
bto
06/18/2017 04:58

Please don't trade with CToption and
Please don’t trade with CToption and you will regard. Stay away from Robert Dean and Dean Lewinsky. If anyone know how to get the deposit back, please post. Does any one have the email address or phone number for the CEO, Rudolph Smith or anyway to complaint? Thanks. I have suffered for few months and they loss the trade and add back as bonus so you will never get the withdraw and you don’t know what is the trading volume to get out.
00
Prosper
05/11/2017 14:46

Dear all
Dear all,
I am not surprised reading this comments about CTOPTION. I have been a victim myself with CTOPTION brokerage. I deposited $250 and after about a month, they arbitrary deducted $50 from my account describing it as idle fee without any explanationcor even a notification of that transaction.
I then started trading with the remaining $200 and got my account to + $400 and made a withdrawal of $100. To my surprise CTOPTION cancelled my withdrawal without any explanation, not even an email to notify me about the cancellation. From then any trade I placed only ended in a loss. But I managed with only $100 in my account and got to more than $600 again in 3 weeks. When I made another withdrawal of $300, they cancelled again and as usual no explanation or notification. This time, to empty my account fast, they would delay my trades and place them at a strike price that can make the trade lose. That is how they emptied all my account. Then after some weeks, they called me and were trying to offer me assistance if I invest another money. Furious, you can imagine how I reacted.
00
Mikael
05/09/2017 11:58

I am trading with ctoption for
I am trading with ctoption for the last 7 months since early october.
Started of with 250 USD , added another 1,000 USD to get another 1000 USD with a required trading volume of 30 times and basically by January i reached the trading Volume. i withdraw 1000 Back from a 3,200 Balance and it did take 7 days but reached to my bank with not much problems. now my account is at 2754 Balance and my account manager Mr. Licheli has stayed with me from around mid november so i really have no complaints however all those comments looks very bad. i really have no idea. i withdraw another 500 USD just a couple of days ago and waiting for the money to arrive. this will be the deal for me, if it will arrive it means i got back my 1250 plus 250 so we will see.
00
Godwin
05/09/2017 01:29

please in the name of God
please in the name of God or Allah depending on your religion I beg you not to invest one penny of your with this so called Ctoption Broker. Theyre no good and whatever you deposit with them just kiss it goodbye because you will never withdraw one penny. and they will make sure you don’t.thats all I can say. if you want to invest in binary option find a US regulated broker.
00
david levene
04/13/2017 09:21

I started with $250
I started with $250.00, and they matched that amount, making my investment $500.00, which immediately showed a profit. hey then requested that I invest $1,000.00, which I refused to do, and the investment immediately stared to drop. When I asked them to sell and pay me out, all hell broke lose, and the investment has now dwindled to almost nil. I certainly have my regrets!
00
Nuria Farag
04/06/2017 09:26

Hi Martin Is there a way
Hi Martin
Is there a way that I can recuperate my inversion. I try to withdrawal it and it has bean imposible, I can not deposit $10.000 dollar like my broker asked me to do or put in hold my inversion until I have that money.
Can you tell me what is my next step? or I have to call my bank and report it.
Thank you for your time.
Nuria Farag
00
Jeffrey
03/30/2017 11:34

Ctoption is like the casino
Ctoption is like the casino. They suck you in with binary robot. A broker calls you and tells you robot will lose all your money. If you in vest more they will with years of experience, show you how to profit. Don’t touch your account just watch. Account goes up and they call to tell you they can’t invest with so little money. You add more money. The account goes up for little bit, then begins to loose continuously. You Request withdraw and stop trading. 7 days requite for refund. Day 6 account is traded from $8000 to $3256. Day 7 request for refund gone. Put in another request. Can no longer access account. No refund, no money
00
Victor
02/03/2017 17:16

This was the biggest mistake of
This was the biggest mistake of my life. Upon requesting to have the Auto Trader switched Off, and having the assurance from Benjamin Vice – Executive Account Manager, that he had ordered it, The system kept going for almost 3 days, draining my account in almost a USD$1,000. Upon my complaint and repeated emails, this guy kept ignoring me and never cared for my problem. Stay away from this outfit. Who can I legally complain to formally that regulates this industry?
00
Dennis Hill
01/24/2017 17:43

after making dome money
after making dome money, I decided to test a withdrawal to ensure they were legit. Wellllllllll, They did not give me my withdrawal, they will not give me my withdrawal. They claim that I signed up for their replicator pro service. I did NOT sign up for it, I did NOT use it, I did NOT unsubscribe to it. I have asked them to simply show me one transaction using the service. They can not. Instead, they are holding my profits as some sort of fee.
00
Bwonna
01/06/2017 22:03

I opened an account with CTOPTION
I opened an account with CTOPTION with $750.00. I then read reviews that said they will not release your money when requested. So I executed a withdrawal request. The next day I received a call from a trader named Tom Silver who wanted to know why I was withdrawing my money. I told him I really didn’t know how to trade. He told me that if I gave him a week, he would trade for me and double my money. Then, he would want me to give him more money. I decided to try it for a week. In the meantime, my husband became very ill and hospitalized for several weeks. Tom did trade for me for a week and doubled my money, but wanted me to put in more money. I told him I decided not to do that because I needed the money to pay medical bills. He said I would have to forfeit any profit he made, but i would get my initial deposit and the bonus they paid, and my money would be available after two weeks. I waited two weeks and submitted a withdrawal request. Their automated email said I would receive my money in about 7 days. Received nothing. I submitted another Withdrawal request, again automated email. Nothing! I emailed Tom Silver to find out what the holdup. Nothing! I’m really glad I never gave them more money! PLEASE DON’T WASTE MONEY AND TIME WITH THESE PEOPLE!!
00
john
12/15/2016 07:51

Lots of different people advertising options
Lots of different people advertising options. Some of them are the people that are supposed to be helping us customers. How come they got rich? A cut from CToptions is how they make their money. Pushy with all kinds of rules. They are not regulated or they would obey the rules for good business.
00
Martin
12/05/2016 10:33

Conclusion: At best
Conclusion: At best, the deposit minus loss is paid back.
After the first few weeks, my deposit had fallen from $ 500 to around $ 200.
The senior account manager Nicole Schuster offered me a test week with the Replicator Pro, who then raised the account to $ 2100 within 2 weeks.
Nicole promised: This profit of $ 1900 will be mine after 3 months, if I use Replicator Pro with at least $ 3000 deposit – so I paid another $ 2500 (April 16).
After one month my account stood at $ 5100 (+ $ 500). But then it began. The performance was negative and the account dropped to $ 4300 until I deleted the replicator. Intermittent mails and telephone calls with Nicole brought no improvement.
At the end of July, I applied for payment. On September 20, I received $ 2099 and $ 1942 were retained as Adjustment. CTOption leaves me idle – a reason or explanation is still missing today. Only John Wilson (VIP Account Manager) wanted me to pay another $ 5000 and he promised we will have great success …
NowI have enough and choose this way to hopefully keep other people from registering at CTOption.
00
Will
12/04/2016 13:42

I read your review and it
I read your review and it sounds good, but going back it doesn’t hold up with the customer experiences. Dave K, Anthoney, … Even if you comply with the 5% rule and cannot get your funds, then what rating are they really worth.
00
hannes
12/01/2016 15:01

hi guys
hi guys. wanted to share my experience on ctoption with you. i deposited 250 on a new account. i was very satisfied about the platform during 2 month. no problem so far but i raised my balance to 350 little by little. then i took a bad choice. i signed up for replicator trading, following two over 80 % rated “experienced” traders for one week term. each trade 25$. three days nothing happened. suddenly one long term trade was put which ended up otm. after this suddenly 24 trades were taken in a row. 15 otm, 9 itm, which turned my blance down to 66 dollars. when i realised this, i immediately quitted to follow them this thursday a 5 pm. and placed 4 itm trades with all my balance. (high risk). i pulled up my balance to 569 dollar again and closed the platform. 7 hours later, in my absence and withaout any consentment, a row of followed trades were taken which ended up with a balance of 44$. i claimed this circumstances to the support, but got no refund or something else. finally i tried to raise me balance and after 3 month time lost it all. this happened to me and i have lots of screenshots of it.
00
Robert Skiles
11/05/2016 21:48

I have been trading with them
I have been trading with them for the past three months and they do not pay out 85%, they keep 85% of your profits for themselves, giving you only 15%. In little over 3 months of trading I made only $930. My Account Manager told me I should be happy I was making more than 20% off my initial investment! My profit during this period was approximately $5000, and I should have made over $4000 if they were paying out the 81% their website says they do. Instead, they took over 80% of my profits for themselves. This was not a mistake, it was INTENTIONAL. Many emails to Customer Support remain unanswered. They refunded my initial deposits but refuse to send me my small profits. They do accept US traders, but DO NOT recommend them.
Robert Skiles
00
Mary
10/27/2016 02:30

Hi Len
Hi Len,
Please keep us posted if you really do a withdrawal.
I just opened an account with them and deposited today with the amount of $250 soon after that I received a call from Michael saying that his my senior broker which assigned to me. He said a lot but to make the story short his asking me to fund my account more to start the trading. The amount his talking is $5000, I just wondered why they said that a minimum fund is $250 if they really want is a $5000. After reading all this comment here. It leaves me thinking Am I really into trap?
00
Len
10/25/2016 18:59

I just wanna say me and
I just wanna say me and my family opened an account each of us and left the money at the mercy of our brokerf from about July til now initial deposit was 500 and now it’s up to 6791.00 I want to withdraw 6200.00 should I have any problems with them and how long does it take to see change from pending. I’m verified already and everything
00
George B
10/14/2016 15:34

Hello Martin
Hello Martin,
What a fiasco I’ve had with CT Option! Everything from unauthorized trades / bonuses applied ( which in my experience relates to a lack of personal “fiduciary obligation” ) to unresponsiveness of return call requests. My account was drained when I started asking question about withdraws AND a trade (long term for a substantial amount) was made at that time with an unauthorized BONUS added locking in my funds, again unauthorized. I’ve tried many, many, many times to get back in contact with my “assigned broker” who has went so far as to disconnect his contact number. I’ve e-mailed every section within CT Option only to be passed around like a cheap wine! When one person does not want to address my problem they give me to someone else and this has been going on for months. I’m still waiting for a response to numerous e-mails I’ve sent requesting assistance but to no avail. This company talks “trust and client commitment”, maybe to the “big fish” but it’s not applied to the smaller account holders. I’ve even requested my account number and have been given two different numbers – how does that happen??? I’d love to hear back from someone in a position of authority to rectify these unauthorized actions taken within my account, but at this point I’m not even sure that person exists. I’m sure Dr Rudolph Smith is a busy person, if there is such a person, and has other business than to answer to problems such as mine. However, with that said there must be someone within his company that can rectify this problem. Doesn’t bode well his brokers are establishing such a bad reputation for client commitment and fiduciary obligations through unauthorized actions such has been transpiring within my account. A reply would be most appreciative.
00
Drew
10/12/2016 05:31

CEO and company is a disgrace
CEO and company is a disgrace and should be held contempt for unethical practices by taking advantage of consumers. Customer service is atrocious and account managers are corrupted! No documents were signed on my behalf allowing anyone in the CTOption (InfiniCore) firm to trade on my behalf. Company refuses to answer emails regarding a refund. Much like everyone else deposited money. Read some online issues with company so within a few hours requested a refund, received and email stated refund requested. Checked account next day and observed trades without my consent. Within two (2) days money was gone…
00
Kay
09/22/2016 18:48

I've been with CT for a
I’ve been with CT for a long time and I know they have a lot to improve but have also improve a lot more than expected. I can say that they have been great to me and I will continue to trade there. I’ve not had any issues with them and also believe that there have a great future ahead of them. If you are still curious, don’t hesitate contact me and check them out yourself: https://bit.ly/binaryctop
KY
00
Charles
08/29/2016 03:26

I have not been able to
I have not been able to get a withdrawal since I deposited my money over 8 months ago. I have read many stories where people are scammed by CT Option and I myself included. They will keep your money and give you one excuse after the other so you cant withdraw any of it, I had grown my account to about 6500 dollars and one day they put an auto trader (replicator trader) and he lost over 3500 dollars in one day). If you have an account Manager you can be sure you will never get the money out that you put in, you may get a couple of small withdrawals but you will never get it all back.
00
Dan
08/06/2016 17:59

Just deposited money at CTOption Tuesday
Just deposited money at CTOption Tuesday and heard from the account manager Wednesday telling me he was going to send me setup info so I can get trading. I’ve sent multiple emails to the original welcome guy and they’re support emails and haven’t heard anything from them. I guess my question is how long did it take for them to set up your account?
00
SG
07/29/2016 10:45

Ill preface this with the fact
Ill preface this with the fact that I am 30 days fresh in the platform.
Support is HORRIBLE. Chat reps will tell you one thing, and then something different the next day. I get the feeling that they are just hired call/chat centers.
Could never get anyone on the phone (other than an answering service) and when you do its someone different. This may be because they care more about actual cash clients. News flash! Your demo users are your potential clients. Treat them well. But then again this is not the big boys so don’t expect too much.
While the platform is sophisticated some of the features are not. WARNING: Do not use Binary Bug. It is not secure (https). This is something even criminals have online. So your passwords are most likely hacked/intercepted by now if you did use it (SO CHANGE IT unless you want someone making “trades/withdrawals”).
The platform is OK. No complaints other than their “business processes/responsiveness” which hinder the newbie more than it helps. Overall I would NOT recommend this for newbies (run away). I have had a pro look over my shoulder for a week and he would NOT recommend it (obviously because he is at a higher level and uses more sophisticated tools). But if you are good at doing things SOLO and don’t care much for human interaction then maybe its for you.
Now once you get past all the starting up processes lets HOPE they dont rip you off! But there are plenty comments in this forum so I wont start.
00
Duncan
07/27/2016 02:35

Agreed
Agreed! I have caught them manipulating trades, rolling over winning trades into losing trades. I was watching real time as they did this on multiple time frames on all winning trades that should have expired WIN. Adding an extra hour to eventually be OTM
They will also not let me withdrawal after numerous request and docs done
then they charge dormant feeshttps://imgur.com/a/gauaT
00
Elena
07/19/2016 05:08

Hi
Hi, I want to try the CTOption broker but i found quite many discussion about it..can anyone show me any prove that you received the withdrawal? i would really appreciated it. thank you…
00
Patrick Henderson
07/04/2016 09:41

Hello
Hello, I am from CToption support team. Please contact me and i will try and do the best i can to solve your issues.
regards,
Patrick Henderson.
[email protected]
00
- Terry Head
  11/15/2016 02:21
  
  Mr
  Mr. Henderson, I am considering opening an acct. to use BinaDroid2. I do not trade manually. In your opinion, should I expect an problems / ‘Lots of complaints on this page, but no one seems to be using outside robot. thank you
  00
Tm
06/23/2016 13:09

Word of advice
Word of advice, CToption.
Until you make a deposit, they will speak very nicely with you, and respond to your emails promptly.
I made a deposit of $250, after reading some negative reviews, I knew I had to withdraw immediately. The worst part is I had read a positive review from is-scam.com. One should not always trust the reviews, comments are more truthful with user experience.
Anyway, now I am still trying to get my money back
00
Lau
06/14/2016 06:59

Hello I want to make a
Hello
I want to make a complaint against the CTOption. Before I made my deposit, the support team member was replying to every email I sent, and answered every question I asked. BUT straight after making the deposit, she never replied any of my emails. It’s about a month now since I made that deposit, the amount of $250USD is still in my account. BUT there’s no communication at all. No one responds to my emails anymore. What the hell is going on with this company?
00
Leeda
06/05/2016 18:01

I signed up with CToption
I signed up with CToption. I am new to birany stock option. Right now I am on a 1wk trail. I need feedback, Have any anybody’s ran into problems with there brokers. I allowed their broker to make trades for me. He made $300-$350 a day and my balance is now $380 within 3 weeks. I was able to withdrawal $300 and it was wired into my account within 3 days. Now, that my trail is over, in order for me to continue I need to deposit $5000. What do you think? Is this a scam?
00
- Noi
  06/14/2016 15:42
  
  Beware
  Beware,just read some posts.
  00
eatrade
05/23/2016 08:33

They dont let me withdraw Money
They dont let me withdraw Money from may account. Altough i have sent my requered documents. My withdrawal request have been pending for 11 days.
00
wayne johnson
05/14/2016 15:17

I deposited $500
I deposited $500.00 on 5-10-16 and the person answered for CT was a American ans was very polite ans stated that a Representative would be in contact that day or the next at the lastest the next day still haven’t heard anything from a Rep. on the 5-13-16 I called again and looked at my account and the money was there with NOTHING done with the $500.00 . I was not satisfied ,I asked for my money to be refunded and I received a letter they could not do that because of laws for Money Laundering ,they haven’t touched my deposit ,I do not like a Company that tells you Lies to begin with it shows me POOR Management . I want my Money returned and my account closed ,your company hasn’t touched my deposit in 4 days you have NO intention of making me any money . Refund Wayne Johnson ,52 Londonderry Drive ,Easton Maryland 21601 Ph. 410-443-8383 PS ,Money Laundering is a CROCK .
00
Dan Threlkeld
05/11/2016 16:21

I requested a withdrawal on April
I requested a withdrawal on April 15th after trading my account for about 1 year. I didn’t get any response from anyone so I began going to live chat everyday asking the status of my withdrawal request. They told me every time to contact my account manager. I sent an email every day to support, compliance, accounts, and George West. I have never received a response. On May 5th while on live chat the withdrawal request was approved and backdated to May 1st. I have not received any money from them or contact from anyone.
00
Badawy
05/11/2016 14:00

Begin of the story one of
Begin of the story one of my friend told me about ct-option and he showed me the winning trades and they have good replicator then i received a call from Alaa Karam and he told me that they are licensed company in London and he told me you can make withdrawal anytime and he explained everything about the company then i i deposited 2000$ and after a while he called me at this time everyday and always reply on my messages in Skype and he give me 2 sessions for free with my account i started my first session with Lebanese guy called tony living in united states and i opened another account for my wife and my mother every one with 2000$ so total i had deposited is 6000$ he give me bonus 200$ and they opened trades and they lost from my account 300+400=700$ and they told me before i open my account that the trades they open for me is secured so they give me the lost money as a bonus and it was going fine i withdrawal 400$ before i open the other accounts in the beginning they canceled the withdrawal and then i called Alaa he said that they cancel the withdrawal cause i am your account manager so i have to confirm it then he confirmed this withdrawal and after i opened the 2 accounts and after about 1 month they was making a 100% bonus so i opened another account with my name he told me its good for the bonus you can learn to trade on this account i invested another 2100$ so total i had invested is 8100$ one day i read a review on internet that they are scam and my account manager wasn’t answering my calls so i made a withdrawal on my accounts so what they did is canceling my withdrawal and removing it from the system and opening for me trades on this account although i was taking screenshots before they do this so i had to wait until this trades closes after calls and e-mails with no reply another one called me he is name is Hossam Haddad he told me sorry you can’t withdrawal money now cause if you want to withdrawal money the free balance have to be 10 times the withdrawal you want to make so if you want to withdraw 400$ you can deposit 4000$ and after this call when i told them that you are thief’s and this stuff no calls and replies from may 2015 and there is screen shots for all what i said you can contact me to send the evidence on what i am saying and i opened my account this month i found that they take dormant fee 50$ every month on my account and the available balance is 171$ and they lost my money in another account although i didn’t open this accounts for more that 7 months and another account have 1038.96$ so i just wanted to show how they work for any evidence of mails or screenshots i have everything contact me i make withdrawals on my accounts they just leave it pending and after a while they remove it
Note: all my documents is approved in all the accounts
00
Jose Garcia
05/05/2016 18:42

Some minutes after opening my account
Some minutes after opening my account with CTOption I received a call from a guy named John to “assist” with the innitial setup. He was actually some sort of super pushy, very rude salesperson actually, who wanted me to raise my first deposit asap or else he would close my account, which he did. He didn’t even let me use the Demo.
I don’t think them thrustworthy because of their urge for you to raise your deposit amount neither for their decision to close my account without my consent.
00
Noi
05/05/2016 08:24

The minimum withdrawal amt
The minimum withdrawal amt.is $100.00.
If you want to close your A/C and you have less than $100.00.
You can not get your money.
You have to trade or put the money in A/C. which I don’t want to.
That is CToption’s policy. Anybody wants to deal with this broker,be aware of this information too.
I asked them to close my A/C & donated the left amt.
I opened with this broker because of FB group’s signal provider.
00
Dan H
05/02/2016 21:46

NEVER EVER EVER do the bonus
NEVER EVER EVER do the bonus. It is a scam. First off you would have to do 30 times the ‘bonus sum” which means the total of your funds plus the matching so if you put in $2500 and they match you have a $5000 account so you have to do $150,000 in trading volume before you can withdraw any amount. If you use the broker to trade your account, they control the amount and frequency of trades which seems to average about $7500 a month so it with take 20 months before you can withdraw any funds.
Your account will show great profits and returns, and within a couple of weeks the broker will ask you to deposit more funds so your account can trade with more volume. This means your trading volume will be reset to ZERO and the process starts over again.
Understand they ONLY trade your money, not the matching, not the profits. So with a $2500 investment they trade a portion of that. If you had an account like mine, it would show $5000 because of the matching bonus. In 6 weeks the account showed $12,000 and the broker starting pushing me to add another $2500 so the account would trade at $10k (they would “bonus” match $2500). I asked why the profits were not being invested to achieve a greater return and he danced around the issue. I asked him to send me 5k and I would reinvest $2500 and he told me I didn’t have enough trading volume. I began asking questions and he said in another few months he might could release $500 as a favor but he would have to present it to the board.
I started asking what the issue was if this was my money and he said it was their policy and to read the details on the website which I did. He again pushed me to add $2500 and I said no way, adding more while not be able to access funds that were supposedly mine would be insane and foolish. He said he would ask the board about advancing money and would call me back.
Days passed and I never heard another word. I filled out a request for withdrawal on the website on a Friday. On the next Monday my account was heavily traded (27 trades @$50 netting $72 dollars) and no other trades or contact that week. The next Monday (today) my account was traded 20 times @$50 for a loss of $828. All previous trades before I requested funds and started asking questions were done 10 at a time, 2 or 3 times a week always generating a $200 to $400 profit.
This is a scam, they are no agencies regulating any of these brokers, the money will be gone. Do not waste your time. This website and others like it are part of the scam. You will not see real complaints only whitewashed issues and fake claims of trading and profits. You will see posts of how they got money immediately which are not true. You will notice all the adds these agencies have on this website which is the payoff to keep the scam moving.
00
Walter Clayton
04/20/2016 19:17

I have hade experiences with 3
I have hade experiences with 3 binary brokers.
NEVER ACCEPT “BONUS.”
You can start trading without “BONUS.” It sounds crazy NOT to accept bonus, but the problem with it is that once you accept “FREE MONEY” from the broker, ALL CONTROL OF THE MONEY goes to the broker and is irrevocable.
IRREVOCABLE until you trade 20X, 30x, 40x, or even 50X the original deposit. THIS is harder than “I” was given to believe (my own sense of self confidence). I finally learned how to profit, but it takes a lot of practice to discover your method. I trade short binaries 30 and 60 seconds, and it seems like it would be easier than it is. Of course, it is easy once you “get it.”
Trading short binaries is like “putting” in the game of golf. It’s great that you can hit the ball far with your driver, but it can be squeaky miserable over-putting a green and losing the game by a few feet or inches. I trade stocks, options, forex and now binaries. I think binaries are a “part” of a trading plan, not the whole thing.
I also found that there are brokers who give you “UNLIMITED” practice accounts. Some will NOT GIVE YOU PRACTICE accounts which are reloadable. It takes practice to learn how to do binary trades and be successful.
ONLY GO TO BROKERS who will give you up front unlimited practice accounts. I have found this in the market and happy with it. Essentially, I found that training and interest shown by your broker representative in your “EDUCATION” about trading binaries is a sure tip off that you have a good broker.
Those you challenge you to take the bonus, learn with BONUS MONEY and then start trading your money, these are most interested in your money not your success.
Best wishes. This is a new concept, at least in the mass market and many people are starting off-shore binary trading sites. At the moment it is still a very easy entry type business.
Be wise, be aware and don’t rush into anything. Don’t take bonus and you stay in control of your money, deposited with the broker.
Best of life to you!
00
NANCY MULFORD
04/13/2016 16:40

Thanks JD
Thanks JD. You are very right. I deposited $250.00 on 02/23/2016 per PUSH MONEY APP ( another SCAM software). They won’t do anything because they say that I have to deposit another $1500. Wow I said if you can’t work on my $250 how much more with 1500?. I said you can have my 250 but you can’t fool me the 2nd time around. And I requested for that money to be returned to my credit card but until now its not being done. Don’t waste your money!
00
winston
02/01/2016 18:56

Hi Jd Yeah you're so accurate
Hi Jd
Yeah you’re so accurate pall, I personally signed up for the Virtnext System,had to fund my account with CT Options, seconds after paying my $250 Broker phone me trying he’s utmost best to convince me to trade on CT Options platform and add another $2500 to my account, I declined and asked for a refund because because no link to Virtnext, That was on the 12/12/15 and still waiting for news from my Credit Card Company, CT Options told me to send my Personal documents and then ask for a withdrawl, WHAT, I did not trade 1 cent and asked them for a refund
Be Good All
WA
00
Ken
01/08/2016 23:29

I was called by Andy jones
I was called by Andy jones, because me and my father wanted to withdraw out money since we did not trade very much. He said that he could trade our accounts for 2 weeks, and there would be no catch we would keep all profits made. He also said that if he would loose the money, he would refund the money in my account. If we after 2 weeks wanted to continue, then we needed to fund further $1500 each into our accounts. So i said okay let’s try it, now it’s been almost 2 weeks and my account has gone from $250 to $666. i don’t have plans to continue with the replicator pro because of the huge deposit, so it will be exciting to see i keep the money. I will certainly withdraw if they don’t let me keep it, because i’m not interested in lending them my account in order to make them profits.
00
- Jason
  01/30/2016 13:44
  
  So Ken have you made any
  So Ken have you made any withdrawals yet? How was the process of getting out your profits? What did you have to do to request your money back and how long did it take?
  00
Ben
01/04/2016 20:25

Has anyone used their Replicator Pro
Has anyone used their “Replicator Pro” service? They have “pro” traders who trade your account. However, you need to deposit a few thousand dollars in order to activate that level of service.
One of the managers from CTOption encouraged me to participate in this feature, and he even let me in on a temporary basis (meaning I didn’t need to ante up any money yet, just my initial $250 to open the account). So I accepted that offer, and in 2 weeks they did (what appears to be) an EXCELLENT job of tripling my $250…so I’m at $731 right now.
However, how do I know they actually did get those results by trading, and not by merely doing an accounting trick? Also, if they are tripling the account every 2 weeks, why would I need to add thousands of dollars? Heck, in just a month or so, there will be several thousand dollars in there.
So, if anyone has suggestions or a history with ReplicatorPro, I’m all ears. Afterall, I don’t make money by giving them money.
00
- Mark Austin
  03/15/2016 18:46
  
  I am using Replicator Pro and
  I am using Replicator Pro and it is going very well. I started Feb 4th and my account is up 59% as of today (3/15). I have not attempted a withdrawal. But so far so good. -Mark
  00
  - catherine
    05/12/2016 09:10
    
    Good luck with your withdrawal- I
    Good luck with your withdrawal- I also used replicator pro- after a positive demo I deposited several thousand and they kept trading it. after two months the balance was up 30%. I put in a withdrawal request. The next day I checked, the withdrawal had been cancelled and every single bit of profit was traded away in one 3 hour session.
    00
winston
01/03/2016 08:11

Hi Everyone
Hi Everyone,
JD, I like your comments and you are correct, I signed up within Virtnext System and Virtnext suggested to sign up with CT OPTIONS to use system, one week pass, NO Virtnext system,Ct Options Andy Jones want me to trade on CT Option Platform, No response from Virtnext or Ct Options, Asked for refund from CT Options,they want my personal documents to withdraw my deposit,i did no trading on their platform because I’ve signed up to use Virtnext,so,according my view they can not be trusted,
Regards
Winston
00
Brandyn
12/16/2015 04:45

I must thank to team CToption
I must thank to team CToption for making such an amazing platform and offering so many helpful tools and providing good supports that helped me winning trades on binary options market… Thanks a lot
00
Daniel Threlkeld
12/15/2015 21:12

CToption is a fraud and I
CToption is a fraud and I can’t believe you endorse them. I have an executive account with them which I opened 8 months ago. After almost 500K in trades with them they changed my account. According to George West they moved it to a different server. It now takes 2 to 3 seconds to process trades and I always get the worst possible price on any trade. To make this clear let me give you an example. I take a call position on EUR?USD. At the time I take the position the price is at 1.09150. During the 2 to 3 second delay it jumps to 1.09160 and then drops to 1.09140, I get 1.09160. This happens every time on every single trade. In a moving market this can give them a 20 or 30 pip range in which the trader can’t win. Price manipulation is fraud and should not be tolerated but websites like this one recommend them and allow them to continue to trap people. Stay away from CToption they are a fraud and be very careful trusting this website, I did and it cost me dearly.
00
Samuel
11/07/2015 10:25

I've been trading CToption for a
I’ve been trading CToption for a month. I have done a bonus turnover. Withdraw the money and profit. No withdrawals problems, support is great, outstanding or maybe my account manager is so good ;-).
00
Tyree Gay
11/01/2015 17:36

I have withdrawn my first profit
I have withdrawn my first profit with Ctoption. over all the interface is good. the platform is fair (not much of a fan), but the execution is decent. they do have a good number of assets to choose from and its a plus.
00
Soner
10/30/2015 11:59

Don't trade with CTOptions I've deposited
Don’t trade with CTOptions
I’ve deposited 350 euro, after all lose i made from 20 eur again 136 euro. with high risk. i wanted to withdraw my money and they said to me that with 350 euro i only can trade with 15 euro per trade but i trade a lot with 25 euro.
then they told me i wont get my money back and blocked me.
00
Gerard Gentry
10/04/2015 18:04

The only Binary Options Broker that
The only Binary Options Broker that is recommended is CTOption, their payment system is fully regulated by the FCA and I don’t have any problems, however, I didn’t accept any the bonus.
00
Jose
09/21/2015 22:41

Sort by Newest I have been
Sort by
Newest
I have been trading with CT Options for over an year now. They are one of the best, I would say. I started on a weekend and had a very positive introduction by Laura Martin, the outstanding CT options representative, who has relocated from US. She is quick, thorough and very caring. Next, I was introduced to David Lucas, my account manager. He was easily reachable, very understanding, humble and went out of his way to help me. I intoduced three of my friends to CT Options because of him. Some of the positive things I have noted with CT options are…
1.Superfast executions..
2.Excellant customer service..
3.Generous bonuses..
4.Withdrawal in 3-5 business days..
5. Ten minute options, which are unique to CT Options.
Along the way, I have lost money and I took it as a learning curve. I have withdrawn money a few times already and almost all withdrwals were processed within 3 days of my initial request. The most recent withdrawal was for $5500 and I was stunned to see the approval within 2 days, thanks to George West, the incredible floor manager, who is also my account manager at the moment. George West has been a tremendous help to me and he is a man of his words.
I have traded with 8-10 brokers during the past 2 years and have seen it all- platform manipulations, hype, signal scams, bonus traps, false promises, bogus education material and the list goes on….but I have been very very happy with CT Options.
00
Erl
09/14/2015 16:13

I recently submitted a request (two
I recently submitted a request (two days ago) for a partial withdrawal my profits, and within 24 hours of submitting the required documents my trading account was mysteriously deleted, not closed but deleted. I have made multiple attempts to reach customer service as well as my account manager for a possible solution and neither have responded to my inquiry. Not certain if this is a scam or merely an oversight within CTOption. Still waiting for a response from CTOption…
00
Milton Sampson
08/20/2015 14:42

I have a long and prosperous
I have a long and prosperous relationship with CTOption and I still consider them as one of the best and most trustful online binary brokers. Especially ideal for beginners because of the user friendly platform and lowest investments plans
00
Edgar Jacobs
08/04/2015 20:11

Highest payouts
Highest payouts, friendly trading interface, no technical errors and the trading conditions are excellent, I hope they don’t change for worse. If they remain this good, I hope to stay a lifetime with them!
00
Ray
08/03/2015 05:50

I was preparing to open an
I was preparing to open an account with CTOption but thank God I came upon this review thread. I gotta say though, I’m still caught in between opening and not opening an account with them. The 91/100 rating by the author of this review sounds very promising. But reading the user reviews and how hugely dissatisfied they are, that makes me want to stay away from them. Laura and George sound like two real douche bags from what I’ve read here, even their names sound fake. Why is their headquarters based in such St. Vincent and the Grenadines of all countries? So far Nadex has been the most decent broker I’ve used, but maybe it’s time I took a risk…
00
Finn Stang
06/30/2015 07:08

Trading with CTOption broker
Trading with CTOption broker, I have made withdrawals may be 4 times in total. Yes, I withdraw once in a month. But I have never had any kind of problem withdrawing my profits since I have not received any bonus with them. :)
00
David
06/28/2015 06:11

5% rule sucks
5% rule sucks.
00
Michael Roper
06/24/2015 22:06

I actually have not complaints against
I actually have not complaints against this broker. CToption is pretty user friendly and best platform for novice traders since this broker always cares about traders security and make it possible for us to trade with EASE and offer fastest withdrawal.
00
richard
06/15/2015 11:52

well i have not seen anyone
well i have not seen anyone talking about withdraws so i guess most have lost their money or are letting them hold it so you can trade a larger amount?
00
Gary A. Newton
06/11/2015 09:39

Thanks for the complete Review
Thanks for the complete Review. Before Reading this, I even wasn’t informed about some features that CToption offers, although I have been trading with them for a long time.
Since joining them, I have been trading Binary options following their ‘Binary Replicator’ which gives pretty accurate trading signals. Its True, signal losses often, but at the End of the week, I Earn more than I lose.
00
Mark
06/03/2015 16:25

I am considering becoming a customer
I am considering becoming a customer of CTOptions with a staring balance of $1500. I was most impressed with the live trading room the rep spoke to me about I have an overall good feeling about them. But i have been wrong in the past can you tell me about the live trading room and its effectiveness.
00
Maruf
05/06/2015 17:27

Honestly I am disappointed in CTOption
Honestly I am disappointed in CTOption. Laura Martin was my first account manager. She convinced me that I would get the maximum support to enable me to make profits. She sent me so much emails and called me often. Immediately after depositing money she stopped calling. She didnt give me any support. I sent her an email requesting for support but she refused to reply. Then I received an email from Gabe Hamilton that he is my new account manager but still there was no support from him. I tried their replicator out but a lost over 50 $ trading 5$ per trade in less than 20 minutes. My deposit of $300 dropped to $22 in less than a month and no is bothered to help me. I sent an email to laura telling her I had lost over 90% of my investment and I needed help but uptill this moment she did not reply. Its unfortunate because I made the deposit out of trust. CTOption is not advisable!
00
Cali
04/28/2015 17:54

Hello Everyone
Hello Everyone,
I’m writing this message in hopes I may warn as many people as possible who are considering CToption as their B.O. platform. I’ve been trading for several years and would consider myself very experienced and knowledgeable. I wanted to diversify with other financial instruments and liked the idea of trading B.O. so I decided to give CToption a shot.
I have several strategies and started winning the majority of my trades. Then over time, I noticed that my larger trade amounts were being digitally manipulated. So what I was seeing on my charting software (I use TC2000 Platinum) vs. what I was seeing on CToption’s chart would start to change simultaneously. For example, I’d place a 5 min. put and at the very beginning of the trade, the price on my charting software would resemble and match that to the chart displayed on CToption. Then about 2-3 minutes in, I would see the price drop on my charting software, while at the same time the price would start going up on the chart displayed on CToption! I lost several trades because of this. There was roughly a 10 pip discrepancy anytime this happened, so in other words, CToption would give a 10 pip handicap in favor of themselves. For example, if I saw 98.8177 for CAD/JPY on my charting software, the price for CToption would display 98.8187 and would remain this way until the trade expired. Then about 5-10 seconds after the trade expired, the price displayed by CToption would fluctuate to again match the same price displayed by my charting software! Unbelievable!!
It’s been extremely frustrating! I lost several trades and $$ because of this, where I know for certain I won those trades fair and square.
No doubt I feel slighted and taken advantage of. I hate it and I’m calling out inequity anytime I see it. It’s a pretty $#!tty feeling to say the least.
And now to come and find out, they’re not even regulated by the FCA!
Not too sure what I can do other than write this review to try and warn others.
To CToption: You are playing with fire! Especially from what I’ve seen on this page and several other complaints on other B.O. websites. It appears you have established quite the shady trend for yourselves and in this case the trend is definitely NOT your friend.
For those of you who have been slighted in any way from this company, take heart and remember Romans 12:19 in the Bible:
“Beloved, never avenge yourselves, but leave the way open for God’s wrath; for it is written, Vengeance is Mine, I will repay, says the Lord.”
00
- jyl
  05/07/2015 02:44
  
  Hello Cali
  Hello Cali,
  Many thanks for your review. I’m new to B.O. May I ask what trading platform you recommend?
  00
  - Marcus
    12/15/2015 21:47
    
    Nadex
    Nadex, my friend, go with Nadex if you’re wanting to trade in the B.O. industry. Everywhere else is a bucket shop if you’re in the United States. If you’re trading in Europe, Stockpair would be the one to use. They’re now regulated and have integrity – that’s my own experience.
    00
Mo
04/23/2015 21:23

Cannot trust this broker
Cannot trust this broker, after readings the reviews I can honestly say I experienced the same, they offered a promotion and when I met the required turnover they decided to take it back. I have an email to prove this from Laura Martin. I was also told by George west they are not regulated by anyone and am still awaiting my withdrawal. Their platform is working against the trader regardless of the rubbish any broker gives you about how they work on turnover. It times out at the U.S. opening time so the Eur/Usd cannot be traded and they have this 5 percent rule which I will never understand. Be very careful of this broker especially considering they are not regulated
00
Martin
04/20/2015 23:02

I find it amazing this broker
I find it amazing this broker is still operating. They constantly call you over and over again with new promotions but it’s all a farce. When I signed up I had a complaint they decide to show me their advantage over me by saying I cannot go to any entity to complain and in George West words ‘WE ARE NOT REGULATED BY THE FINANCIAL SERVICE AUTHORITY OR ANYONE ELSE’. If you really want to trade with a company that is not being monitored than go ahead… I’m still waiting for my money back
00
elijah
12/19/2014 11:18

i give out trading signals people
i give out trading signals people say they are amazing my twitter is @itsoezz and you can email me [email protected], I’m very happy to give you a 5 day trial, you don’t have to excite them just look at the signals and the results
00
Vinnie
11/30/2014 03:50

After reading and trusting this CTOption
After reading and trusting this CTOption brokers, I decided to give it a try.
This is my experience:
1) The platform doesn’t timeout quicky, I find that those shady brokers their platform constantly time out
2) The platform hard to see your balance, don’t know why they don’t just give you your balance, you can see your trade history but no balance
3) The trader replicator, think this one you be careful cause I deposited $1000 using only one trader with the highest over scoring. Well, my account was wiped out in less than 2 weeks with 20% win rate, so the replicator is a bull
Haven’t had a chance to try to withdrawal cause my fund was wiped out.
00
aggelos
11/14/2014 16:37

the way i see it it
the way i see it it that they have they 30% of traders happy and 70% unhuppy thats the way they make money also for the system you say even billion dollar computers cant predict the market price so how a system can the best way to make money its penny stock and options
00
Antonio
11/08/2014 01:02

HI
HI, has anyone tried their Binary Bug bot? Is really 68% effective as they claim?
As for the Replicator, I guess from the posts above that it is really crazy and a huge risk of losing all the money quickly. They have a list of top traders to follow and some have over 70% win rate, what it would be really more than enough to start trusting. But is that real?
I opened an account with them but not funded yet. A nice guy called me, very realistic and wise, nothing to do with the rest of the brokers I know. He offered me a €5000 Demo account. I am thinking on it.
Do you think it would be useful for testing the Replicator and the Bot before starting with the real funded account?
Thanks a lot!!
00
- Antonio
  11/18/2014 11:16
  
  UPDATE: I was given a €1000
  UPDATE:
  I was given a €1000 Demo account for a week, even without having funded my real account, which is nice from them!
  However I tried Binary Bug and is not a real deal. For short positions (30-60 sec) it loses most. For longer positions (2-10 minutes) it is about 50/50, so you don’t really earn money. It hasn’t been a long enough test, but as trades occur so often I think it is enough information.
  As for the Replicator I haven’t had time to try it before the demo account was inactivated. Now they say in order to go on testing I have to fund the parallel real account…
  Best,
  00
Ted
10/22/2014 16:07

Hello Everyone
Hello Everyone,
I wanna share my experience about CTOption. I have no idea what Alex talking about, but I had really hard time taking my money back. First things first, Customer Service is really bad ( I’d say sucks ) really bad feedback. You kinda forced to go and looking for them plus they are really rude ( Especially ” my personal broker” George West ) they never called me to ask me if I’m happy trading with them and when I tried to withdrawal money here it started all my problems. To make the story short I’ve got money after 8 days since I claimed the withdrawal, and I’ve got only the initial deposit of 250$ rest of the money they kept into their account. Anyway, STAY AWAY guys I had problems to withdrawal 250$ imagine if you will need to withdrawal more money. WASTE OF TIME. If you have any question, let me know I’m gonna go into more details or post the chat with my brokers :)
00
DJ Cosmo
10/21/2014 08:29

Good post
Good post! I’ve used ctoption for 2 months now, just recently managed to make my first withdraw. ct is not the first broker i’ve used, and not the greatest one either.. I’m based in the US and haven’t got much options, so far im happy with this broker.
All of you complaining about support- you’re right.. not the best. but really, support is the last thing you need unless you make a withdraw. they’ll only try to make you deposit, so better trade alone with no help from “account manager”. Took me 6 days +- to get my money
00
Anthony
10/21/2014 03:32

Hey everyone
Hey everyone, another warning with this broker: I deposited a total of $8000 with this broker, and was assigned to an account manager named George West. After a week of trading with them, I got an email from George saying that my trade sizes was too big, and I should only be using 5% trades. This seemed odd, but I complied. I asked George if it was ok to take multiple 5% trades, and he assured me that it was ok. After continuing to trade multiple 5% trades, I got another email stating that my trades were “not covered” and any profits I made could not be paid to me, effectively nulling the $3000 of profit I made. This really made me upset because I absolutely love the platform they provide, but if they won’t payout profits, even when complying by rules that their account managers provide…. that speaks for itself.. if anyone would like proof of this and the emails between us I will be happy to provide. BE VERY CAUTIOUS ABOUT THIS BROKER AND ANY BROKERS THAT REFUSE TO PAYOUT PROFITS…
00
- Anthony
  10/21/2014 03:34
  
  by emails between us
  by emails between us, I mean the emails between me and my account manager, and the fight to get my profits
  00
- Dave K
  04/15/2015 01:53
  
  Hello Anthony
  Hello Anthony,
  Wow!!!! This is a very similar thing that is going on with my trading account from CTOption. I’ve put in since late 2014 a little over $2100. But with the last $500. deposit I had winning trades that took my profit to $2719.
  How did it work out for you? Any suggestions on getting my profit out of this broker?
  Thank you
  00
- Dave K
  04/15/2015 11:15
  
  Hello Anthony
  Hello Anthony,
  I ran I to the same issue with Ctoption. I’m going back and firth with my account manager Alex over my profits of $2719. What was the outcome for you, did you ever get your money? And if so how?
  Ctoption did not have any problem taking my money and with any lost trade over the 5% rule. But once I won now they want to play this game.
  Thank you any update.
  00
- Roger
  02/13/2016 14:34
  
  Anthony Could you send me proof
  Anthony
  Could you send me proof of that?
  00
Don
10/19/2014 21:44

Steer clear of their replicator unless
Steer clear of their replicator unless you know the trader. The traders on their replicator looks good, but they are being done with a software. Trades are being done at the same second for different currencies. Either they have the fastest mouse in the west, or there is an artificial source making the trades. I know this first hand. They whipped out my 500 deposit and with the bonus of 100%, they did it in less than 2 weeks.
00
Ted
10/13/2014 00:51

Hey Elias
Hey Elias, No problem
00
Elias
10/08/2014 02:52

Hello thanks for the review
Hello thanks for the review. I have been debating wether to open an account with CToption since I have a demo with them and I love the interface, but that one complaint was holding me back. But thanks for clearing that up.
00
- Dave K
  04/14/2015 23:06
  
  Hello All
  Hello All,
  I have been trading with Ctoptions off and on since Oct 2014. Until this last week I’ve only given money in losing trades. But again this last week I was able to win back all the money I’ve put in and have in my account a nice size profit. When I went to withdrawal some of the profits. I noticed that the withdrawal was pending for over 10 days. After email and calling to speak with my account manager over a dozen times. Final I was told today that even though my balance is over $2700.00 . They are only going to give me $379.00 . I never took a bonus because of the margin that they ask for.
  The reason I was given was because of “Risk Management”. Reading over that section it only mentions losing trades.
  I need any help or suggestion you have. My account manager told me that even though I had winning trades. That Ctoption was going to act as if the trades never happened. Is that even legal.
  Thank you
  00
  - Gk
    06/13/2016 06:48
    
    I am also facing same difficulty
    I am also facing same difficulty which you are facing please advice me what action you took against them.
    Thx/Rgds
    Gk
    00
Alex
09/29/2014 04:10

Hi Guys
Hi Guys, just letting you know your rating of a trusted broker can hold a lot of weight in the B.O. industry, it involves some form of responsibility because if you are wrong you may be sending a lot of people to be getting ripped off. You had Opteck as a trusted broker a while back and they’re a pretty bad broker (from experience). Please read some of the complaints on Forex Peace Army https://www.forexpeacearmy.com/forex-forum/resolved-issues/35533-resolved-ct-options-binary.html
If you guys are still happy then I will invest in CTOption.
Just out of curiosity what are the credentials for making a trusted brokers list? Have you actually traded with the broker and withdrawal profits?
Regards
Alex
00
- Martin
  09/29/2014 14:59
  
  Hello Alex
  Hello Alex,
  thanks for the feedback, and yes – we are more than aware of our Hugh responsibility toward traders. That’s why we’re here, and that’s what we’re doing.
  Regarding Opteck… It was listed for a very very short while as a trusted broker, however we’ve decided to disapprove this broker. Too many issue, not exactly our cup of tea. We had high expectations from this broker at first… well.. too bad for them I guess. They’re now in a process of regulation and should be regulated in a short while, and it seems like they’re back on track but we’ll just have to keep monitoring. but that’s it for Opteck!
  as for CTOption – as you can see on the complaint on FPA, it was resolved and quickly. I’ve managed to make 2 withdrawals (not using my own details) and had the chance to speak with DR. Rudolph, CTOption CEO, a real nice guy. Another fact that deserves mentioning: StockPair is a trusted broker for 2-3 years now, even more. Yet you can’t really find negative comments.. not here and not on other website. I hope the lack of negative or positive feedback in CTOption case is the same as StockPair. So far – so good. We’re here to monitor and follow!
  00
  - Alex
    10/01/2014 10:18
    
    Hi Martin
    Hi Martin, thank you for your reply. You guys do a great job and I am happy to be part of the growing community. I have already made the one withdrawal from CT Options and all was done within the 24 hour period stated on their website. This was only the refund back to my card so I am assuming the bank transfer of profits will take a bit longer. So far so good with this broker. Regards Alex
    00
    - Christopher Silva
      03/03/2017 16:39
      
      I am trying to get a
      I am trying to get a hold of account manager Oscar Levin, John Stern, or George West. Could you please help me find numbers besides the customer support number. Please help me. It has been over a month with no contact on my account.
      00
      - LUMKA
        05/18/2017 11:57
        
        I am stuck with 2 months
        I am stuck with 2 months now, there is no operation in my account. I need help. Ctoption account managers are playing games with me. I wanted to cancel and withdraw my deposit and they refused me. I am not sure what to do. I have been sending emails to the account manager without any luck. please assist.
        00
  - Dave K
    04/15/2015 01:48
    
    Hello Martin
    Hello Martin,
    Is there a way that I can speak with Dr Rudolph over my issue that I posted below?
    Thank you
    00
  - Gk
    06/13/2016 06:51
    
    Dear Martin
    Dear Martin,
    I am also facing withdrawal difficulty from Ctoption they are saying something not to pay my hard earn money.Please advice me
    Thx/Rgds
    GK
    00
    - Kay
      09/22/2016 18:49
      
      Talk to your broker
      Talk to your broker. Some brokers can be an a**, but I have a great broker at CT and all is good.
      00
  - Brian Sullivan
    09/17/2016 13:21
    
    How did you get your money
    How did you get your money back as this company took me for 40k
    00
  - Rodney Hawkey
    11/01/2016 00:45
    
    they take your money build it
    they take your money build it no losses mostly wins then bam it’s gone said somebody turned on the autotrade switch and altrades were loss my broker said I’d get my money back never heard fom him again I had money I was trying to withdraw all of a sudden I wasn’t in compliance then it was gone now I have 13.75 wow I told them too keep it must mean more too them then me I hope dr Rudolph views the complaints and resolves them
    00
- JD
  11/09/2015 23:05
  
  CT Option is a scam operation
  CT Option is a scam operation. How in the world can this site give them a favorable (trusted) rating? They are not regulated by any government and I am afraid that I have discovered too many negatives pertaining to them. I copied and read through the very lengthy (35 pages) Terms and Conditions and I must say that I am literally astonished that CT Option actually thinks people in their right minds would just jump right into this scam. They have too many fees, charges, restrictions, limitations, and penalties (cited in their lengthy Terms & Conditions) which basically gives them a free pass to manipulate data and to treat their trading members however they like in order to generate a profit for CT Options. I am nobody’s fool. I have read volumes of reviews written by people who have had horrible experiences with CT Options regarding these issues and also about the failure of CTO to payout peoples’ earnings. And when people write or call to complain about this treatment, CT Option has been known to simply “empty” a person’s trading account and shut off all communication with the person doing the complaining.
  While you and your website paint a very pretty picture about what a wonderful broker CT Options is, I’m afraid that in reading the opinions of many, many users I get a totally different conclusion. It is abundantly clear to me that CT Option are a Fraudulent Operation (with no professional regulation) that exhibits a lack of honesty, credibility, and a lack of concern or respect for their customers who have rightful ownership to their earnings. CT Options can hide behind a 35-page document filled with legal mumbo jumbo and feel good about themselves. But after doing my own research, I would NEVER deposit money with this broker because I already know that doing so would be the same as flushing my hard earned money down the toilet. It is a lose-lose proposition —- and it’s called FRAUD. Stay away from this broker!!!! They are NOT regulated. And now that I have read this review on thatsucks.com I get the feeling that you are either receiving referral commissions from CT Option or that you have NOT done your homework. In either case, your reviews cannot be trusted either!!!
  00
  - Christopher
    03/10/2016 07:51
    
    Thank you for your comment
    Thank you for your comment.This broker is really giving incentives beyond the cheating.I also think that is totally fraud by the way even they claimed legit because of no government approval or international authorization license.So now ,I get away of confusion and will not do so far.However ,it spent for about an hour to watch the video.
    00