Edgedale Finance a scam or registered?

Binary Options ForumCategory: Broker QuestionsEdgedale Finance a scam or registered?
Robinson asked 2 years ago

Hi there!

Just want to know if Edgedale Finance is a scam or a registered broker.

They contacted me to open a Binary Options trading account with them but when I try to check the company under registered brokers, they don’t appear.

Can you please conclude whether its a scam or not?

Thank you

52 Answers
Best Answer
Scam Option Brokers answered 2 years ago

Edgedale Finance is not a licensed or regulated broker.
The United Kingdom FCA has warned people against using a broker that solicits your business by cold calling. Read more about managed accounts.
If you are using a trading software with Edgedale, it is against their terms and conditions, see section 18.1.
Read about the popular automated trading robots here. We put together a list of the most popular companies that traders are using see here.  

Malik answered 2 years ago

Hi All,
I had a very bad experience with edgedale finance they are scammers dont give them money to trade.the a/c manager daniel baker called me and opened my a/c with 250 GBP.in one week time my a.c was showing balance of 870 GBP but this was a big TRAP,they offered me to invest in a trade which was insured,he suggested me to invest 100,000 or 50,000 or 25,000 ect i rejected his offer,after that day he did not did placed any trade.after couple of month i tried  to withdraw 870 GBP bit by bit it shows in pending more than a week time.then i called him he knew he will withdraw that money in the a/c.same day he lost 870 GBP in 9 mins in numbers of trades that day.their website is can be seen its a totally scam type.he said he lost all the money even the money was in the process in withdrawal more than a week ago.can you imagine it,they creat screen and show what ever they want to show to their customers.
if you need more evidences just ask i will provide you every single move they have made to prove them a big SCAMMERS.
PLease dont give them money to trade its better to learn trading and do by yourself..
if you need prove then contact me [email protected]

JessCrasty answered 2 years ago

@malik. Insurance trade is begun with a certain insurance barrier. You played without an insurance barrier. That was your mistake. Probably there was dip at the market, such things happened sometimes, brokers could lose sometimes too. What was your broker say? If you want a really good impression, you should always keep in touch with your broker. Anyway, I sended you my email. Show me some screens since I’m a little curious person.

charlotte answered 1 year ago

Hi, I have just been scammed by Daniel Baker, I invested £250 within 3 months I had over £2000, as soon as i requested to withdraw money they cancelled 2 withdrawal request, when i asked to close the account, i lost all the money made within 1 hour. whatever you don’t give them your money big scammers robbing poor workers, they sound Chinese yet have English names.

Anonymous answered 1 year ago

Hi there Daniel Baker is a thief and a big scam!!
He will trap you by saying it is a managed account and please do not sign the agreement. When you want to withdraw he will blank the screen saying that another member of staff he was training has made a mistake.
Danial Baker is not a human being as he has no heart!
He will get his Comeuppance!! 

Mandi answered 1 year ago

Edgedale Finance are complete scammers and are not registered in the UK so you have no recourse.  The name I began to dread was ROBERT GELLER.
You are encouraged to start by ‘investing’  £250-£500.  I wanted to start with £250 but Mr Geller told me that £500 meant I didn’t have to do anything and they would trade on my behalf using 10%-20% of my money.  Within the first couple of weeks your account ‘looks’ like its increasing mine doubled- all good news I hear you say.  The phone calls then start all day up to 10pm begging, pleading bullying (all scripted) invest more to make more, invest, invest invest.  I tried to explain I have no disposable income and just wanted a little account that i could leave to run and gradually increase, this is NOT the type of customer Edgedale Finance want – ROBERT GELLER wanted me to invest the minimum of £10,000! Obviously I said no!
Within one week he told me my account was going ‘VIP’ and then boom my account went from £1082.00 in credit to just £2.25!!! I received an email to say either invest more or close your account!!
Watch out! They are scammers and liars and cheats!
I will happily answer any question anyone has about this awful company.

Jay answered 1 year ago

Hello everyone,
I read all the comments and I can’t believe it at all. I am trading with a personal broker called D’acampo Jonathan, and we made very good trades.
Last month we had over 40% profit, and a very successful way of trading. We build together a business plan and we are using a investment strategy that he use to trade usually. 
I am more than happy with him, very professional and successful broker.
My initial investment was 250 Sterling and I test the system right away with a withdrawal, all good.
Hope for all of you to have a broker like mine.

Dan answered 1 year ago

I just lost all my money today after asking for withdraw on friday. So im goin to see them scam artists face to face tomorrow

Larry answered 1 year ago

My story is very similar to Malik’s except I understood his name to be Daniel Day.  
Each week, my total would increase.  All, I wanted was to withdraw a small portion of profits while retaining at least the amount I started with.  All along my account showed one trade per week, but that very day it looked like about 50 trades were done until my balance was just about zero.  I figured it was too much of a coincidence this happened the same day I went to withdraw.  I got mixed stories.  
The guy who answered the phone said I had to wait so many months before I could withdraw and it was written in the “terms and conditions”.  What terms and conditions?  
After phoning back a week later, I spoke with the supposed Fund Manager who had the audacity to tell me to put more money in, insure the new money, this way I won\’t lose my money.  Well why on earth would I hand them more of my money when they were so careless and lost all of the first bit of money I gave them???  That makes no sense!!  This is ridiculous!
I mostly went into this because a “friend” told me about it and claimed he withdrew his money no problem.  Coincidentally, I wasn’t able to reach this “friend” any longer after this happened to me.  Don’t bother with this company.

Larry answered 1 year ago

To add, I couldn’t make a deposit using a credit card.  I had to use a money order!?  Why was that??

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