I got an email from Opus Formula about their trading system for binary options and they created an account for me with Glenridge Capital.
Has anyone else ever used Glenridge Capital and successfully withdrawn their profits?
I have read about brokers that take forever to process withdrawals, and other brokers that do not allow you to ever withdraw your money.
Also, does the Quantum Code robot work like it says it does?
Thank you,
Maria
Best Answer
First of all, no one is investing with binary options. Binary options are for trading by yourself against the broker, and no real broker will invest your money with you in mind. Read more about managed accounts.
As for choosing a broker to trade with, we always recommend using a licensed broker. Either licensed by the CFTC, ASIC, or CySEC. There are very few complaints about legally registered binary option brokers. See the list of licensed binary option brokers.
We have not been able to see how FastCash works because they require you to deposit money first with the broker, and they have way too many Video pages.
The most popular auto trading robot is the BinaryOptionRobot, which you can read more about here. You choose from a list of reputable brokers, and you choose what the software trades for you.
Best of luck!
I have been waiting to get a withdrawal from GlenridgeCapital for 8 days.
No luck, I called and it’s all lousy reasons given, it’s a scam.
I worked for Glenridge Capital, I left because I could’t take it anymore to see behind the scene how they scam the customers.
PS Knowing there is no “raison d’etre” for a company of which existence is on other people’s bets I’ve luckily recouped my initial $500USD investment and lost only $37 dollars for withdrawal fees.
- No actual “brick and mortar” addess other than “known location” in U.K
- You can never use any correspondence other than e-mail to them
- No SEC authorization to do any business in the USA
- Whatsoever promises made by Glenridge Capital are NOT made in writing so they can escape any litigation if and when investors drag them to court.
- How can a company make money on their clients’ bets ?
I would first like to address the original question regarding third-party robot software. While you are welcome to make use of such systems, Glenridge neither endorses nor negates them. There are many ways to trade, and robot autotrading is just another avenue. Some traders enjoy relying on a third-party to make trades for them, while others prefer to make trades on their own. It is simply up to the taste of the trader.
In regards to withdrawing profits, Glenridge absolutely processes every single request that is submitted properly and meets the necessary requirements. Specifically, in order to withdraw, clients must first send in the required verification documents. The documents are listed on our site, and we ask clients to send them in immediately after opening an account so they will experience no delays when it comes time to withdraw. The other requirement involves bonuses. If a clients takes a bonus, he must first meet the required trading turnover to be qualified for withdrawal. The turnover amount is stated clearly on the bonus form that every client must sign before they can receive the bonus.
Glenridge Capital is a fully transparent company. We encourage clients to read the terms and conditions before investing any funds or signing up for any bonuses in order to avoid the type of confusion and frustration expressed in the above comments. If clients have concerns or questions, we are here 24/7 to assist. You can contact us by phone at 1-888-967-8185, via email at [email protected], or on live-person chat, which can be accessed directly from our site at glenridgecapital.com.
I do not agree with the response posted by glenridge capital.
Whether its third party or directly with the broker. They are all the same scammer. They lure you into parting away with your funds and if you decide to withdraw the next second, they started telling you stories that they never mention at the initial stage.
Be warned. They are all fraudsters.
Hi, my name is Mark J. and I have been trying to get glenridge capital since Oct 2015 to refund my credit card.
Just like a lot of you, I deposited $250. I did one trade and lost $25. I then ask for a refund. I sent the documents in and like many of you said, the documents needed to be resent. Then in January 2016 they locked me out of my account and asked for the same documents to verify my account.
On March 17, I sent the documents in for the third time. Like clock work within a few hours I had another generic email asking for the same documents for the 4th time. I sent a email back and asked them which documents needed to be resent and got no answer.
I then sent a email to FastCash and asked to speak to Madison who never called but fast cash said to call my broker. I would like for all of us to share our emails, videos and anything else to get our money.
I should have $225 in my account but they have already started eating off my cash with a charge called a account fee. Now my balance is $210. When I called them they told me that It was because the software was running.
We will and can help each other. Thanks for reading
make your first deposit and you will receive the auto trading software which will do the trading
instead of you in case you don’t have experience.
But then I read their terms and conditions page and it says:
18.2 If you integrate an automated or semi-automated device on the Glenridge Capital browser or platform in lieu of your personal interaction or utilize a backdoor API; we will consider your activity system abuse and we will nullify your position or cancel your account with Glenridge Capital.
So I guess this is how the scam works.
I’ll just stick with my licensed broker.
Glenridge Capital called me during my reading all these negative words. I gave him a good nasty piece of my mind…sorry SOB’s.
I had a bad feeling when I got an email from them immediately after signing up.
I saw contact us in “Taiwan” and “United Kingdom”…..
I’m sure if I had to contact them I would have been talking to a “Prince” of some sort.
RIght now I would absolutely not reccomend this company, the bonuses are very difficult to reach, I have also noticed that they changed some of my trades which ensured they lost. I think they are scamming people and yes it has taken me over a month to withdraw money and the same old lame excuse that they have a backlog