Lbinary
Reviews and Complaints

I came into this platform via a Robot scam. I soon realised I'd made a mistake, been scammed and was losing money at a rate of knots. A sweet talking so called broker came on the line and said he could help. Just give him another £250 and he'd prove how he could make me back a profit. Being the gullible fool I am I said OK and he opened some trades to prove his worth. He did well and asked me for more money. I coughed up and we made more profits so request came for even more money. Then the trades started to go the wrong way and I was handed over to another broker. He was OK but then disappeared and I heard nothing for quite some time. By this time I had a good balance in the account so asked to withdraw some money. Sorry, can't do that you've had a bonus - the implications of which were never explained to me - and you have to trade up to some amazingly high sum before any withdrawals are allowed. Correspondence battle and phone calls got me nowhere. As they are in New York I wasn't sure how to handle the problem. I'm not sure how it happened but 'they' having cut off the robot trader when I started trading with them direct started it up again and of course very quickly all my funds went down the drain. These people at LBinary are I believe seriously dishonest and are also nasty with it. They are almost impossible to communicate with so I can get nowhere for any sort of recompense; so £13k has gone down the drain - as far as I'm concerned. Has any body had a similar experience and got any advice?

I was contacted by LBinary in 2013 and told that I could make some easy money, I gave my card details and they took all my credit limit and more besides, unauthorized, when I complained I was assured that I would get it all back within a week and be buying a new car on top. Well, this never happened as the trades placed were over an 8 month period, I was assured that the trades were insured and when they all lost I find out that they were not insured. All in all and I feel really stupid to be taken in, they took me for $30, 000. I have no idea who to turn to.

I have been with this binary trader since the beginning of October 2014. I was promised that I would get help in doubling my money.
All they were doing was trying to talk me into some big transaction that was going to double my money and the incentive that was given was that the trade would be insured against loss. There was also a robot that was activated and I was finding that it was losing me money so i requested that this robot be shut off, which it was. That was on the 30th of October.
I was talked into doing a a trade with Facebook and told that it was guaranteed to win. I asked the broker by the name of Mr. Sean Harper how much would he recommend I should trade and he told me put the lot since it's an insured trade and that I'll win either way. I did the trade and began following it. When the trade was about to end, 15 mins before it was to end it dived below the strike rate. As soon as the trade ended it went back up, thus losing the trade by 4 cents. i found this odd. Anyway, I thought since it was an insured trade I would get my money back. After much complaining for a week I was credited the money back into my account as a bonus. This was not a bonus, it was an insured trade.
I asked to withdraw my money as I began to be skeptical of this company. They gave me the excuse that I needed to triple the money before I could take it out as it was a bonus. This I didn't like. So I left the money into the account making constant withdrawal request, which were constantly canceled. I thought to myself then leave it in there and when a good trade comes along i will try and triple it. I hadn't logged into my account for about a month. The last time I had looked into my account it was the 14th of Dec of 2014. I logged into my account on the 14th of January of 2014. Low and behold I had a grand total of 1 cent!
I immediately got in contact with the support chat and asked them where did this money go?...they couldn't answer me.
I then checked to see the expired transactions and found that on the 30th and 31st of December 4 trades were made and it was obvious someone had gotten into my account by one of the brokers and made it so it would lose the lot. I got back to the chat support and asked them who did the trades without my permission. They couldn't answer me. They gave me the excuse that the robot traded them and must have lost them. The robot only makes 25 euro trades. these trades were for 230.50 euros times 2 and 208.70 euros 2 times. So in effect these trades were done in order to lose the lot. I have enclosed the screen prints of my account so you can see my banking history with them and the trades that were done.
Please do something about these people and they should be closed down. They are scammers!...all i want is my money back.
Thank you.

Chris Christo

I have been coaxed into investing with this company lbinary.com many times and at the point of investing they have informed me that my trades during that NFP are insured upto the amount of that Investment and in case of any bonus applied to the account I am not subject to any turnover which was confirmed by the broker named Nikolas Mayer who signed me up at that time. He also mentioned that I am able to withdraw any time after the bonus applied which was confirmed via a skype conversation. He then disappeared from the company and several follow ups and calls were made to get my money back but no one looked into this for several months.
Post that after several attempts and follow ups were made they sent me the withdrawal form and asked me to send it to lbinary this chat has been documented and post that they informed that they will expedite the process. Also the form which stated the bonus is a gift and subject to turnover I was informed that since it's a company regulatory I will have to sign it in order for my withdrawal to be processed this has also been documented. Lately they asked a senior analyst to get in touch with me to help me trade for some time and he advised me that my withdrawal will be looked into in some time but he too has disappeared named Damian Glikos.
I have been following up many times with this company in the last 11 months but they used to reply now they have stopped replying back and taken me off the chat which I used to contact them. I have documented all the chat conversations. Please help me with my withdrawal Thankyou.

This company has coaxed me into investing and informed me at the point of investing informing me that I can withdraw at any time in case of any loss bonus/ applied and it is 100 per cent insured as per my telephonic conversation by Nikolas Mayer from the company. He also advised me via a Skype conversation that I can withdraw post that he disappeared completely Inspite of several attempts to contact support and him.
Also after following up with them many times they sent me the withdrawal form and asked me to send it to lbinary for the same. I have documented proof of this chat conversation. Also post that I was informed that my withdrawal will be looked into but they never actually processed it. I was then contacted after a couple of months by an analyst saying that to trade for some time and then u can withdraw but now he also has suddenly disappeared from the scene. I want someone to please help me what should I do to get money returned back.

i have been trying to withdraw my money from them for 4 weeks and they keep fobbing me off saying there is a delay in the finance dept.
I have e mailed many times and spoken on thre live chat to no avail.
They wont put me through to the finance dept
All this is after one of the account managers helped himself to money out of my credit card. My banks fraud dept are dealing with this but i still cant get my other money out

I recently had the dealing with the company Lbinary. I invested money in trading, as well as I told them that I could afford to invest only €1 000. They took about €500, but later I found out that they charged my card for €7, 000 without my permission. I sent messages through their website, but they ignored all my messages. Now I want to find other unsatisfied customers, who lost money, and together we can open a case against this seller. Contact me, please.