Binary Options Brokers are always there to steal all your money at one go. Most of them are fake fraudulent agents who are only there to scam you at one go and make sure that you lose all your money.
The story of Fred Turbide was indeed a disastrous one. He lost all his money by investing it in 23 Traders, a fake binary options firm that was being operated from Israel. Upon proper investigation, it was found out that they are located somewhere in Tel Aviv, Israel where the firm is located. Fred has been using their services for over 9 years now until one fine day he realized that he has lost all their money.
Now the point is when Fred realized that he is losing the money, he called Julian, a financial advisor who he was assigned to with 23 Traders, but got no response at all. He was devastated. He called them time and again and also said that he would take some really harsh steps if there was no response from the other side. Unfortunately, even after such issues, he still didn’t get any response from them. Such was the sad state of affairs that even after his death, his credit card was charged and only after his card was blocked, the charging was stopped.
There are thousands of victims like Fred who lost their money to various scams like Binary Options, TenOption, NeoOption and many others to say. Fred was a Canadian citizen and he lost all the money. The Canadian authorities have clearly stated that you should invest your funds with companies and brokers belonging to Canada and under the financial jurisdiction of the domestic authorities. Otherwise you might end up losing all of them at one go and the they would not be responsible for anything.
Till then, stay safe and invest your funds wisely.