Rip Off Scam - ZoomTrader

I got a call from a guy called Jack Moore who is the owner of Zoom Trader after speaking with a very bad and rude online support team.

This guy started making claims on how his site was voted the number 1 site and that he was partners with Reuters, Microsoft and other big corporate brands.

After trying this website I very soon found out that it was just a scam. The platform which has been developed by Tradologic is just one big scam.

It has been designed NOT to pay you out and their biggest trick of all is to scam you into being tied into a bonus scheme which they DO NOT pay out on when you profit.

At first it sounded like a good business, but I later found out after investing $30,000 that Jack Moore and Zoom Trader is a scam.

I was given a forced bonus of 50% of my investment which was $15,000. I know had $45,000 in my account.

After only 9 weeks of trading and knowing the stock market my account balance was $647,325.00. When I put a withdraw request through the site it was rejected 4 times.

I then spoke to a very rude and arrogant support team who got Jack to call me. He made lie after lie after lie. Telling me that I had not fulfilled my bonus terms.

This is what his bonus terms state: 21. The Company, at its sole discretion, may decide (but not be obliged to do so) to offer bonuses, promotional offers or any other kind of benefits to the Client, to set its conditions, and/or change them without prior notice to the Client. The Company shall not be subject to reason its decision nor to be forced to do the same in future transactions of the Client. Once a bonus has been awarded/accredited to a clients account, they will be subject to execute transactions in an amount of at least forty (40) times the deposit amount and might also subject to minimum deposit and/or minimum volume of trading and/or a certain time limit. Furthermore, the Company may, at its sole discretion, credit the Client with up to Thirty five Percent (35%) bonus for each deposit made by the Client up to a maximum of one thousand five Hundred ( $1500). Financial bonuses will be also subject to Client’s full compliance with these Terms.

I had traded 40 times, hence giving me the amount in my account.

Jack and Zoom Trader support FAILED to pay me out and eventually closed my account down without notice or warning.

I am still waiting on my $30,000 deposit which they claim is ALL I will get back.

They have STOLEN my profits as I am sure they have done to others.

Jack Moore and ZoomTrader is a BIG SCAM. DO NOT TRUST THEM AND DO NOT INVEST IN THEIR BUSINESS OR THEIR BINARY PLATFORM.

For ZoomTrader Representatives or Owners

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Comments About ZoomTrader Review: Rip Off Scam

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11 Comments on "Rip Off Scam"

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Zoom Trader is a ripoff, the system manupilates the rate at the closing time in order to rip you off your profits. If by any chance you make profits, it is very unlikely to be able to withdraw it.

OK I have read all the complaints about zoom trader, so would some body recommend a good source "website" for a reputable binary options application. let me know rogerdharper@charter.net and thanks

My name is Walter, and I am the Communications Manager at Zoomtrader.com I will point out the following issues with Ashley’s baseless allegations. After an exhaustive review of our trade and communications database, no user with a first or second name of Ashley had made a deposit of 30,000USD. Failure to comply with the terms and conditions of trading with Zoomtrader as regards withdrawing money, etc, is an issue for an individual user – our terms and conditions are written in plain English, are freely available at http://www.zoomtrader.com, and acceptance of them is a condition requisite to trading with Zoomtrader.… Read more »

Thanks for this info. I dont invest my money here!

Are people really this stupid to invest in **** like this? It blows my mind.

I have just recently made a withdrawral request with zoom trader. Hoping to see my deposit of 700 USD back. I did make a 2500 USD profit on top of it but after reading all thease .. i will be lucky if i get back my initial deposit.

600,000. Wow! Usually you hear about people losing money on these being cheated out of it and such, but this is interesting. They just refused to pay out. I sense many lawsuits against this company soon.

ppl beware of online popups…thats how i came across this bullshit scam

Thank you guys. I was just about to invest in this.

I really do hope someone amongst you is technical enough to expose him/ them….Soon! before more are scammed.

thank you, I was about to invest in this mother ******.

they did the same to me and stole my money! stay away

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