Pocket Option Withdrawal Denied. Now What? | Binary Options
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Hey guys, just wanted to pop on for a minute and tell you a crazy story about our trading with Pocket Options this last week. And it gets even crazier, so you’re going to want to stick around to the end of the video to see how it ends. And hey, guys, we’re also in the middle of some other drama with Pocket Options that may end up affecting the way that we operate. So if you want to figure out how that goes, make sure to subscribe to the channel and hit the notification bell. And with that, let’s get into it.
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So last week I was trading a normal trading session like I do. And at the end of the session, I went to make, what has become kind of a typical withdrawal request for me. I requested a $30,000 withdrawal from Pocket Options. Now it may seem like a lot and it is, it’s a lot of profit, it’s a lot of money, but I have successfully requested approximately that amount many times over the last four to six weeks. So for their interactions with me, what is becoming a more normal withdrawal amount. So a few days later, a couple days later, I get a message from the finance department saying we’re canceling your withdrawal request because we’ve detected unauthorized software use in the trading of your account.
Now guys I don’t use any software to trade my account. I enter my own trades, I click them manually, everything is done you know on my own trading and I record all of my sessions so I have evidence of that and I replied back to them and said I don’t use unauthorized software, I don’t use any software, I trade my own account. They came back and said well in order for you to be able to request a withdrawal you’re gonna have to change your trade duration to at least 90 seconds and we normally trade 60 seconds and you’re gonna have to trade $500,000 in trading turnover.
Now guys if you don’t know what that really means, if you were to take a $100 trade on Pocket Options very normal size trade I would have, that’s $100 in trading turnover, so let’s calculate pretty simple, I would have to take 5,000 $100 trades in order to accomplish that $500,000 in trading turnover. That’s a huge amount of turnover.
Now my account is larger and my trade sizes are larger, oftentimes $1,000 or more per trade. Nonetheless, that is still a heck of a lot of trading turnover. So being pretty frustrated that I had to jump through these hoops, that they were accusing me of using unauthorized software. I traded with a bit of angst that day and I traded for a little over two hours and in that two hours not only did I trade $500,000 in trading turnover, I traded $750,000 of trading turnover.
Guys that’s huge, my trading turnover is normally about $25,000 in a day and that’s on a big account. I traded I think 180 trades for a profit of $73,000. So I’m not sure if their strategy worked for them because now instead of requesting a $30,000 withdrawal, I requested a $100,000 withdrawal. Now guys, I’ve never heard of anybody requesting or receiving $100,000 in one withdrawal from any binary options broker. So, as far as I was concerned, I’m breaking into new territory. I’ve looked up as much as I can and to me, that is It’s about as high as I’ve ever seen. So they normally take about three days to process withdrawal requests let’s call it $2,000 or more. So that withdrawal request occurred on a Tuesday. I wake up on Good Friday, last Friday morning to an email from my crypto wallet saying you are in receipt of 2 point, I think it was 5 Bitcoin into your crypto wallet.
So on Good Friday last week I received a $100,000 withdrawal from Pocket Options into my crypto wallet. So people ask me the question do they pay? Well, they’re paying me to the tune of over $200,000 in the last six weeks or so. So crazy story, true story, and a story that we can hopefully help you achieve at Binary Masterclass by joining us in the trading room and you can do so by clicking on the link below which will take you to our website where you can sign up to join us daily in the trading room.
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