UK firm

https://berkeleytradingcorp.com

Where can I find out if this firm is reputable?

They offer a service, (though I was unable to find this info using the link above), where they actively invest for you, promising very high returns.

Minimum investments $100K.

Thank you.

 

if it is too good to be true then it is not true.

 

Binary options are an Israeli scam.

http://www.timesofisrael.com/topic/binary-options/

http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/

 

Neither the firm, or the holding company (Sterling Act Management) are registered with the FCA: https://register.fca.org.uk/. Avoid.

GAT

 

Sounds like a scam. Would be different if they would talk about potential high returns while discussing volatility of returns and downside. And not registered? Lose their bookmark!

 

Thanks all, appreciate the comments!

As always, when it sounds to good to be true...

 

Sooo...invested $100K, and now mostly gone, and he's trying to recover some $$$.

In contact with this registered UK firm, www.debtsm.com/, charging $7500 for TRYING to recover any funds.

Question: Does anyone know if they can recover any funds at all, or is this firm just looking for the fee? (That was my inclination-don't throw good money after bad).

I told him no, take the loss as a "learned it the hard way".

PS Checked several links, FBI, EU, Israel, numerous links dealing with scams and binary options.

Thank you.