Cedare Finance have ceased all operations. Please visit our recommended brokers page.




Let me guess, you recently watched a youtube video about how to easily make money and the video used a website called Cedar Finance (www.cedarfinance.com). The video presenter showed you how easily he turned $100 into $250 within 60 seconds trading the 60 second binary options on CedarFinance. The idea of making a hundred dollars a minute is pretty darn good, unless you are Bill Gates. After seeing the video you wanted to see if it is legit. Can you really easily make money binary trading at Cedar Finance. Legit, scam or what?

*Scroll down for a growing selection of trader comments (50+ and growing), complaints and scam warnings. Since this post was published in October of 2012 we have had dozens upon dozens of traders add their recent experiences. If you have traded at CedarFinance, good or bad, please leave your experience in the notes for others and share this page on facebook.

Is it a Scam? Or is CedarFinance Legit?

Let me be clear. We are not saying that CedarFinance.com is a scam. This page is not claiming that they are a scam or proclaiming that they are legit and honest. We do not know either way as we have not traded binary options there, nor done enough research into the company.


We have seen a flood of youtube videos featuring CedarFinance and how easy it is to make money trading binary options there. Specifically we are talking about the 60 second videos claiming just trade with the other traders and easily make money.

You may have seen it, but it was the youtube video you watched where the trader showed that all you have to do is to bet with the majority of other traders and make money and that it works most of the time.

Lol, I love the first comment on the youtube page from DChappelle27 that says:

its not easy to make money… dont be a fucking retard, use common sense


The ‘super dooper easy way to makey money’ is the scam.

It’s not Cedar Finance that is the scam, they very well may be legit (we do not know, we have not traded there ourselves. It’s the claim made in the youtube videos that all you have to do is trade with the same direction as the other traders, by looking at the current opinion of traders.

60 Second Binary Trading Legit Or Not?

Yes, binary options trading in and of itself is legit and legal. And yes, 60 second binary options do exist and they are growing in popularity. Especially among gamblers and intelligent risk takers who like the fast action that one minute binaries allow.

What is not legit are the youtube videos saying that anyone and everyone can quickly, easily and virtually risk free make a lot of money fast.

That you can stick it to the ‘rich banksters’ just by doing anything a monkey could do.

Yeah, right.

Look, it is true you can make a lot of money fast trading binary options.

However you can lose a lot of money fast as well and there is plenty of risk. Even with the risk being limited and known up front, which is one of the reasons traders consider binary options safe there is still plenty of risk involved.

You can trade binary options the right way, responsibly. You can also trade binary options the wrong way and that is following the scam claims of the CedarFinance youtube 60 second binary options videos that say all you have to do is make your trade in the same direction as the majority of other traders using something they call the traders choice. This is a representation of what the other traders are doing in this trade now.

Breaking Down How The Cedar Finance Scam Youtube Videos Might Work

We do not know this for certain, however let’s take a minute to think about what may be going on there with these youtube videos appearing for many binary options keyword searches in google.

The likely scenario is that an affiliate created these videos. This affiliate is trying to lure people who are looking for a quick way to make a buck into making a deposit at Cedar Finance. The affiliate could have a ‘revenue share’ affiliate account. The way the revenue share affiliate accounts work at binary options brokers is that the affiliate makes money when the trader (you) lose trades. That’s right, rev share affiliates earn their money by you losing yours! That’s one reason we never do rev share affiliate deals, only 1 time ‘CPA’ or ‘Cost Per Acquisition’ payments, because we want you to win!.

So this affiliate finds an easy way to trick convince people to try binary options trading. The video makes it look really, really easy. And to be honest, it is that easy and you can make that much money fast with binaries. However just by trading with the majority traders choice is a recipe for failure. You can not and will not win huge money doing this.

The affiliate gets you to sign up, knowing full well that you are very likely to blow your account. The affiliate is likely to earn 30-40% of everything you lose.

The reverse is also true. If you win, the affiliate loses.

So, let me ask you, do you think this type of affiliate wants you to win or lose? Are they going to show you a strategy that is likely to work or likely to fail?

Again, that’s why we are CPA affiliates which pay us a 1 time fee for introducing you to the broker. We want you to win!

Example YouTube Videos To Be VERY WARY OF

Lol, I love the first comment on the youtube page from DChappelle27 that says:

its not easy to make money… dont be a fucking retard, use common sense


Oh, and who could make it if they didn’t know this ‘binary options secret’.

So, Where Should I Trade Binary Options

Find a reputable broker that you feel comfortable with.

You can see a growing list of brokers on our home page and read through to each of the reviews. You can see comments, ratings and reviews left by our editorial staff as well as real traders. The comments are un-censored other than spam.

One of our favorite brokers that offers 60 second options is TradeRush. We’ve constantly been on the lookout for traderush complaints and so far so good. Give them a try if you are looking for a legit binary option broker in order to trade 60 second binary options.

If you still decide Cedar Finance is for you then we wish you best of luck in your trades. Read all the comments, ratings reviews below and please add your own experiences.

143 Comments » for Cedar Finance Review
  1. tammy says:

    i suggest you consult Mr Astra.. He also helped me recover my lost funds . i can’t disclose much of that we did but he came through for me and gave me life again after i was ripped off by these con artists ….Tell him Tammy Hawking form Sydney, AU. reach him at [email protected]

  2. Michael says:

    Cedar Finance – are they still in business?

    • Wilson Emily says:

      Just hearing of them for the first time but if I hear anything about them I will definitely let you know

  3. Numbnuts says:

    Yes. Cedar Finance is the scam. I lost thousands.

  4. John says:

    Up to now OK! Today not possible to join! I lost 40 000$

  5. cedar finance victim says:

    cedar finance is a total scam. after they took my money, I can’t even log. Now, the website is gone.

  6. Alexander says:

    Cedar finance I can say is or “was” since apparently I can’t even log in to my account anymore is a complete scam. I invested 250 with the promise that they would put another 250 in my account and it did show in my account , when I was able to LOGIN , my money could have been invested elsewhere but instead I talk to a fake representative that insures me I can pull my money from the account whenever I pleased. In return i later find out I was no longer to transfer my fund out of the account to my bank. Complete garbage and I would never recommend cedar finance to my worst enemy. If anyone has anyway of getting funds back or getting in contact to give them a piece of my mind it would be greatly appreciated.

  7. pomegranate says:

    I have an account with them and they kept on urging me to take the bonus but I refused.A broker was assigned to me and he was putting me through very well. I wasn’t good but was making profit. One day, he advised me to make more deposit and I said no. I will have to b good before I do that. I told him I can’t invest more money just to loose out. Could u believe he never called me again and I have called the helpline and requested he called but he hasn’t. I became suspicious. When should my refusal to make more deposit push them away? Four months later, I could not access my account and d page is no longer available. So unfortunate they have lured a lot of people in to their trap.

  8. Ken says:

    They are thieves, I hope they get very bad karma for scamming so many people. I hope they all get cancer for not giving people all their money back prior to shutting down and hurting so many people.

  9. Adolph lofton says:

    Nick I fell you . I had $750 in my account. Now it is gone

  10. Turkish Faker says:

    U stupid dump fucks CF team was fucking U more than 4 years in the middle of your ass. Thank U for your $ You dont need then as much as we are ๐Ÿ˜€ no visas no $ ๐Ÿ˜›

  11. Svante Karlsson says:

    I have for three month tried to get back money from CiTrades BinarOption, They just stalls it. Says I have to talk to my account manager (as if he owns my money) and when doing the same happens again, Then they cancels my withdrawal request and agan demands that I should talk to my account manager. And again it repeats again.

  12. lakmal says:

    sri lankan use the cedar finance

  13. Nick says:

    god damn it. i deposited $5000 with them, was doing great, and now they are gone. ran away with my money. i’m very ashamed of myself for trusting these thieves but I swear, i will go after you by any legal means available in the world cedarfinance till the end of time or till you give me my money back. All of it you scum bags. Especially you Mary who convinced me to deposit the money. You name yourself after christs mother.. you need to change it to satan’s b$%#

  14. Munawar says:

    hi guys need help,

    what is the best way to get the money back from these so called money making fraudulent platforms or brokerage ?
    which is the best call of action to start off?
    does any one knows about ..OPTIONFM.COM ?
    they have most cunning so called senior account managers which will empty your wallet before you even realize?

  15. Est says:

    Why is http://www.cedarfinance.com offline?
    The page does not currently.
    I’m registered there for two years.

    Warum ist offline?
    Die Seite funktioniert zur Zeit gar nicht.
    Ich bin dort schon seit zwei Jahren registriert.

    • rich reamer says:

      yes.. cedar finance is gone !!

      now i get website lookup failures, been having problems not being able to login couple weeks ago after long time of not bothering.

      now looks like my money in it are gone too ! ARG !!

    • Mark Jonas says:

      Have the same problem. The site is offline since 4 weeks and you can`t even pay your money out, which you`ve deposit there. ๐Ÿ™

    • Burhan Bashir Muhammad says:

      Please if you got any information about them, inform me. I have money with them aas well.

  16. DavidNJ says:

    Sometime about 9/10/15, my account w/ Cedar Finance was not accessible. I opened an account on August 16, 2015 from a recommendation from Theteaparty.net. I tried texting & making phone calls to a rep named Anthony. The text went unanswered & the phone call gave me a recording. I tried numerous times to no avail. I sent an email to theteaparty.net three times and they did not respond. I filed a dispute w/ my credit card company so we’ll see where that goes. I will be contacting some high profile media peeps I know that will be very interested in knowing that the Tea Party has been part of a scam.

    • Barne c says:

      Do anyone know why we can’t log in on Cadar finance.com ?
      I have account there with more than 40.000 โ‚ฌ it seems that Cedar Finance have despair ??

    • User says:

      I have made the same experience. Suddenly after deposit some money in my account the login to the page is not possible anymore. For me it also looks like the have disappeared.
      The final question of course is where is our money?

  17. Vincent D. says:

    I had the same experience with Cedar as David Locatell However I did get on a chat with them and they told me they are upgrading software for a more user friendly site. I did find very annoying that if they indeed are updating software wouldn’t you tell your clients. My question to David Locatell what did your credit card company say to you when you presented this to them? Cause I was thinking of doing the same thing.

    • Reginald says:

      When did you chat with tbem because I can’t reach tbem

    • DavidNJ says:

      Data point: Chase just credited me $1,000.00 to my credit card account that I used to initially fund the Cedar Finance account. Wow, thanks Chase! I dodged a bullet.

    • ashish says:

      Hi DavidNJ

      Are you really sure that you get your money $1000 back from cederfinance?
      May i know,when you get it back to your credit card?

      Waiting for your reply

    • DavidNJ says:


      My Chase credit card account was credited $1,000.00 USD on 9/20/15.

    • ashish says:

      Hi DavidNJ

      Did you ask for dispute from your credit card company, or its come automatically by cederfinance

      Waiting for your reply

    • DavidNJ says:

      I filed a dispute as noted in my original post.

    • Tina Marie says:

      Where you able to find out anything. I too am unable to get my money.

    • Phyllis says:

      Because they have turned scammers. I’ve been screwed out of my money. Money they didn’t have the right to get and use because they didn’t legally have my paperwork on file yet before they had already gone and charged my credit card for a deposit. That was in June and is still not resolved. Plus their computer systems are down

  18. JOHN S says:

    simply comment…… it seems my place ton register my e-mail and code in order to trade have disappeared. Anybody know anything about this/


    716 311 6554


    • David Locatell says:

      Me Too.;

      I signed up for an account with $250.00. They told me that if I upgraded to $500.00, they would add another $500.00 (un collectable by me) to enhance my trading power. then they assigned an “advisor”. He talked me into upgrading to $5000.00. Proceeded to help me with a couple of Trades, and after about ten days, My login page dissappeared. I’ve emailed him ,and the e-mails have been undelivered. I’ve tried calling the Intnl.Ph # I get a recording,”Unable to complete this call”

      I hope you didn’t get taken for as much as I did, but I’m afraid this is a BLANT SCAM. I’ve turned my case over to the fraud Div. of my credit card Co.

  19. Khaizal says:

    I’m not sure if CF is a scam. I’ve been trading them for the past 1 year, and made withdrawals based on my winnings before, but not for deposits. They normally took about 5 working days to transfer to bank accounts.

    However, it seems that they do not allow for initial deposits to be withdrawn.

  20. naif abraham jr md/phd says:

    Cedar Finance (CF) has not allowed me to withdraw my $500.00 after I requested a withdrawal online. Instead they issued a refund to the 2 accounts from which I originally sent them the money (one account ~2 years old). When I requested my withdrawal, I asked that the money be sent to 1 account only (all other accounts had been closed, the one to which CF sent some of my money was ~2 YEARS OLD!!!) – also CF would not allow me to withdraw ALL of the money in my account; only the original $500.00 which I sent to them. DO YOU REALLY WANT TO TRADE WITH A COMPANY LIKE THIS? N. Abraham, Jr MD/PhD

    • sagar says:

      Here is same thing happened with me I deposit amount 400$and withdrawal request for my deposit amount CF has been not yet paid me I called service support they told me is our policy we check verifying then we send amount
      I request them just send amount same account which I used for deposit but upto date not yet pay me..

  21. Peter Blewitt says:

    I have been trading online for a long time and warn anyone to avoid both Cedar Finance and NRG Brokers. Once you have made the required deposit it is impossible to make a withdrawal, They steal your money. Just as surely as if someone walks up to you in the street and puts a gun in your back and demands your wallet

  22. Sonya says:

    I someone how discovered Cedar Finance online and made an account with them. I was not sure of how it works so instead of depositing anything (i.e. even the min $200) I thought of studying the whole website, understand how it works and also search blogs and internet to verify its authenticity.

    But to my surprise I received a phone call from Cedar Finance right after making an account, by some guy name Tobiax, he was not sounding like an American or British (the accent was strange)… he asked me that I made an account but have not deposited anything yet? and if I need some help with the website. I asked for a step by step guide to which he forwarded the Trader Video link.

    I studied and discovered that Stock Markets are not “child’s play” plus 15, 30, 45 or 60 secs is the most stupid way of predicting the trend if you just a beginner. The better and secure investment types are buying a currency that is going down in the International Market from the money changer and sell it as soon as it goes up. This is the safest way, as you will have your asset in your hand, and can sell it when the market trends favor you for profit.

    Otherwise making a quick move to earn money is for sure gambling. I don’t claim CF to be a scam, because I have not tried it myself. But I used the website to learn from their guideline videos. And decided not to risk any amount in something I am not so sure of. Also don’t call people IDIOTS because of losing money with this website. Everyone is not a Financial Manager or an expert Stock Broker. Many people want to start it as a side business to generate some extra income for home expenses etc.

    Only go for a bid when you are sure of enough understanding, plus try finding a genuine and authentic platform that won’t bug you with withdrawals. I am still searching for the place to invest.

    • Sonya says:

      By the way, saving your money from a prospective loss is also PROFIT (in Business Terms)
      Be very sure, do your complete homework, take time, learn and inquire, verify and only then trust anyone with your money. Specially when investing online.

      That is all I can say !!!

    • Tom says:

      Hi Sonya,am Tom..am too looking for a place to invest for some extra cash but i cant find any.check out mt4 then you can tell me how you’ll find it

  23. Tulion says:

    I trade on Cedar for about 2 years now. Didn’t have a single problem with them. Withdrawals work fine.
    People probably tried to withdraw money after taking the bonus.
    Don’t take bonuses. That rule goes for every binary options broker, not just Cedar.
    Also read the rules. You can’t withdraw less than 200$.

    • san says:

      Sir ,wire transfer in cedar finance How many days going on. I.made one month before my withdrawal request. I am nt get my money .

  24. Hennie Odendaal says:

    Sadly the power institutions such as Interposl, CIA’s of the world turn a blind eye to all the current scams on the internet defrauding millions of people of TRILLIONS of dollars. Rather than being proactive and wiping these scammer from the face of the earth is sick. Just to ponder on, how many of these scams are used to fund terror organisations?

    • Peter Blewitt says:

      You could be right Hennie a lot of them are based in that part of the world or close to it. Maybe if a few of the so-called security organisations in the world took an interest in it, life would be better for traders. All we ask for is honesty.

  25. J. M. says:

    They are indeed a scam. I did a trade for 250 EUR, it kept in the green as you can also see here on the expiry date:


    Yet they closed the trade as a ‘loss’ and refused to pay me my profits and marked it as a loss. Even contacting their support is pointless, cause they say the system is right, even when you have proof it’s not.

    Sometimes trades also suddenly disappeared from the list also in the history and the balance also disappears. It’s awful you always have to contact their support to get it restored or relisted. This mainly happens on succesful trades.

    I won’t recommend anyone to use them.
    Also watch out with their bonusses, if you get a 750 EUR bonus you have to make 22500 EUR in tradings before they pay you out.

    They also don’t take the effort to explain what the conditions are when handing out the bonus and afterwards come with ‘you can read that in our terms and conditions’.

    One more thing I want to mention also that’s awful. After you do your first deposits, you can do unlimited amount of trades. Once you start making profit, they start limiting everything. For example you can do max 1 trade per currency every 60 minutes and have maximum 2 trades active. They say the only way to get it removed is depositing more. What’s the point if you are in the +? Why would I deposit more? Also prooves how they work (just to earn money).


    • Joe says:

      You trade the 15 seconds binary options, you are obviously a gambler, you are not investing profitably and maturely. Always set your expiry longer why is this so difficult to understand? I have never had any problems with Cedar Finance, most traders who complain about this company are those who thought the auto robot would make them money, any expiry lower than 30 minutes is a gamble take it from me, please stop spoiling a company’s name due to your own carelessness. Learn a good strategy, you only need one good trade everyday stop over trading.

    • Angela says:

      Joe if the company is so good where are they now. Most people have lost money because they have just closed our accounts. We have heard nothing. so where is your good company?

    • Turkish Faker says:

      they lost bcz they was thinkin thats the way to easy money I can anly thanks all of U ๐Ÿ˜€

  26. Lorenzo says:

    I have never used CF , but I have heard so many bad things mostly dealing with withdrawal issues. Just aheads up for all TRADERS

    * P.M. Investment owns and runs CF, They also Run Regal Options and Brokerage capital. So If you are someone who got scammed by CF than I would not suggest you trade with their other 2 brokers either

    • robert says:

      yes i am having trouble getting my money back after i made my deposit with no bonus. decided not to trade just get my money back but getting big runaround going to take care of this the old WEST way

  27. Anthony says:

    Cedar Finance is 100% a scam!! I deposited money with them and cant get it back!! I requested a withdrawal 3 weeks ago now and still nothing in my account. There are 2 UK numbers on their website, 1 is an 0203 number which doesn’twork, the other is a premium rate number that goes through to a call centre in Poland. Whoever answers will have an eastern european accent with a strong British name. They claim not to be able to put you through to they’re so called brokers and can only take your details and request a call back, yep you guessed it… No call back! Anyway I could go on forever as to why they’re not a legitimate operation, but whats the point. If your considering depositing with Cedar Finance don’t, unless you never want to see your money again!!

  28. Nick says:

    I have used them. Dont take the bonus as you have to abide by the rules its that simple. I won some money and had no problems when i withdrew it. ONLY USE YOUR MONEY….and you will be ok. This goes for ALL companies not just Cedar Finance.

    • youpick says:

      They will not pay me a small $100 withdraw I ask for on a small $200 account

    • Richard Marsh says:

      I know what you are saying to an extent of ONLY USE YOUR MONEY, I just wanted to verify you are saying don’t use the bonus money, and not actual money you earned in the binary

  29. Cedar Finance is a SCAM! says:


  30. Cuban says:

    Bumping for latest reports from traders. Thinking of making a deposit. Tell me was it good for you and did you make money and get your money?

  31. Neels says:

    Please people. Do not assume. If you have not use Cedar – DO NOT COMMENT. You are guessing and confusing others. If you started trading with little knowledge and lost – MENTION IT. If you did not read ans accept their bonus conditions and could not withdraw – TAKE IT ON THE CHIN. Please do not blame others for your stupidity!!!! All I read above is opinions but rarely facts. If your’e a moron and entered into something you know little of, please keep quiet.

    • Jason Smith says:

      Dear Neal,

      don’t be an jerk that nobody listens to. Some people are desperate to make quick money. Some aren’t and what just to make money with little effort. Yes some people are gullible an naive, but that doesn’t mean you have to be condescending.
      No I haven’t bought the scam but some might have. If you give them info instead of being a naysayer then you have help. Instead you’re just hurling insults.

    • steven zagreb says:

      yes – the “free” money or “bonus” as they call it is the way cedar finance robbed me. they offer you “free” money when you deposit your money so that your account balance is higher. i put in $1000. they offered me their bonus of $700 so that my account balance was $1700.
      i traded. i lost a bit. then made some winnings. i then wanted to withdraw $500. i will post the “live chat” that i had with their rep.
      BUY GOLD.

    • james says:

      Dear Neel,

      Your comment is very personal here. Most of the people who are doing binary options are either new or with less expereince as Binary Options is new in itself started in 2009. So due to any reason if a company blocks or makes excuses for the withdrawals it has need to be published. All these binary options companies use the same pattern and software and they differ only with the withdrawals process.

      Regarding Bonuses , you know better, how these sales people explained it. For me it seems either you are a part of this company who is trying to save the repo here or exactly a jerk who dont understand the frustruation of the traders here who get cheated by with these companies.

  32. john says:

    Cedar finance its a scum believe me I was on training in the company which created Cedar finance so listen closely: Cedar finance as a company doesn’t exist at all, the call canter they using is in poland and the personel is located there, they use fake names and life stories just to make clients believe that they in Cyprus but it’s a lie. There is a clause which says that the client to whithdraw his money have to make 30 times profit from money they invested, example you invest 1000USD you have do gain 30000USD before you can withdraw your money which is impossible believe me. Everything connected to that company is a scum.

    • han says:

      The company has been charged with several offences by the CTFC and SEC, and trading with US customers has been frozen following an injunction on 1 August 2013.[5][10] Charges filed on 7 August in the US stated that Banc de Binary “may be criminally liable under the federal RICO statute”. Banc de Binary has refused to appear in court in the US for depositions.[11] Within the European Union, the company is regulated by the Cyprus Securities and Exchange Commission (CySEC). On 25 May 2014 CySec announced that they had fined Banc de Binary 10,000 Euros after it had ‘concealed material information in its request for authorization CIF submitted to the Commission in August 2012, namely concealed the existence of close links between it and another company’.[12]

      The Wall Street Journal described it as “a website that allows people to bet on the price of gold, oil or stocks”;[13] the Daily Mail called it a “betting firm”.[14]

  33. john says:

    Cedar finance its a scum believe me I was on training in the company which created Cedar finance so listen closely: Cedar finance as a company doesn’t exist at all, the call canter they using is in poland and the personel is located there, they use fake names and life stories just to make clients believe that they in Cyprus but it’s a lie. There is a clause which says that the client to whithdraw his money have to make 30 times profit from money they invested, example you invest 1000USD you have do gain 30000USD before you can withdraw your money which is impossible believe me. Everything connected to that company is a scum. For a proof I got few email from that company a got access to the companys chat on skype.

  34. Bilgee says:

    recently i watched many videos from youtube and i didnt see any video that withdrawing money from cedarfinance so i think its scum

  35. Stjepan says:

    YES, dear Traders. Cedarfinance is big SCAM. They stole my money and will not pay back. Beware of this company from Cyprus. Every word they say is big lie. Never invest your money with them.

  36. Keith says:

    Was scammed out of $1000 by Cedar finance, I requested my balance back but the there is no way I’m getting it, it’s been 4 weeks in asking and sending all the documents, it’s a100% scam, well worked scamI must say, learnt a hard lesson not to trust online trading

    • nico says:

      Dear Keith,

      Your mail is form june 2, 2013,

      do you have your money resit?
      and when?
      And have your just there bonus?


  37. Asas says:

    Cedar Finance never makes withdrawals. For sure!!!
    Be aware!!!

  38. sam says:

    what the shit are you people talking …….
    plz comment those who have invest in cedar finance ..
    i want to know actually that cedarfinance is fake or not…….
    i don’t want to get 50/50 answer ………
    i want to know 100 % accuracy answer
    (bcz i am gonna invest in this finance)

    • youpick says:

      I got a $200 account now which they stolen you send them your money if you want to you never see any more

    • teiso says:

      And so cedar finance is a sexy “shit and a scam” the one who called me named maria i trace the phone no. it is NY, and not Cyprus which is suppose to be.I was abt to deposit $300 but could not due to authentication failure during transaction and now i found site.Means if i do im in a deep “shit”

    • dennis surginer says:

      my dumb ass deposited $200.00 and before i could lose it it disappeared from the balance while i was dining, live chat with Adrian who stated “be patient. That was 2 weeks ago…

  39. Justin says:

    All binary option websites are temp closed for SEC Regulations. Have used binary option broker in NYC with “some” success. This website appears to be a scam. Binary option trading is not a scam, but this website may be!

  40. William says:

    I have traded with 24option. I lost a bit of money because I didn’t know what the hell I was doing. On the other hand, my broker was a pretty nice guy and seemed genuine concerned with helping me profit. I didn’t listen to him because I am an impulsive gambler… gets me in trouble a lot. 24option was the only one I’ve used. I was able to withdraw my funds but still blew all of my money.

  41. Anti-Federal Reserve says:

    First of all, don’t invest in something you don’t really know. Don’t believe in something that your not really sure of doing. People who are doing trading are usually professional experts who already know very well what they are doing and they well-educated and well-experienced in trading. It’s like having a professional heart surgeon to operate someone’s heart. You wouldn’t trust the nurse who knows nothing about heart surgery to do the surgery on someone else’s heart would you? Let the heart surgeon do it! Think! So please Cedar Finance is not a good way to earn money especially for the ones who don’t really know what to do and need guidance. It is similar to gambling and worst you will not get your money even though you successfully earned some cash from it after you invest it. There is no such thing as shortcut to get money. The best way to earn money to work hard for it no matter how long it takes for you to be a rich or a millionaire. Safe long roads is always better risky short cuts. Being rich or a millionaire is not for everyone.
    So please I beg you or anyone who are reading my comment. Please, please, please DO NOT INVEST IN A FRAUD CALLED CEDAR FINANCE!!!!! If someone called you up or try to sweet talked to you about how you can benefit from doing Cedar Finance, they are seriously bullshiting you out! Think for yourself first before anyone says what is good for you when it comes to your money! Other people will do anything to get your money nowadays. Ignore their phone calls and e-mails. Those people who worked at Cedar Finance will soon suffer. I bet those people who gave positive comments about Cedar Finance are part of it. Remember, American economy is falling apart. America are trillions in debt and billions in debt with other country such as China and many other nations. Where is the American dream? Where is it!? Cyprus is getting worst with the Banking Crisis. What happens to the red Indians in America will go back to the people make them suffer in the future. Now it’s happening to America! The curse of the red Indians/Natives American that have suffered long time ago eventually came true. You get what you deserve soon Cedar Finance. You take other people’s money someday you’ll live in poor and misery and you will soon suffer. Mark my words. Those who work in Cedar Finance who take other people’s money like bunch of thieves without returning back to the people who invested it are going to read my comment in pain and regret when it comes true. It’s just matter of time. I would love to see Cedar Finance smile in pain with tears of suffering. That is Karma for you. Treat people as you want to be treated otherwise bad things will happen.

  42. suman says:

    All guys please provide email address, because cedar finance is not fraud it is 5 star top tradingou in the world,, you cannot blame it

  43. Srini says:

    I want to open an account with CedarFinance is this scam or genuine company?

    • naif abraham jr md/phd says:

      Cedar Finance (CF) has not allowed me to withdraw my $500.00. Instead they issued a refund to the 2 accounts from which I originally sent them the money (one account ~2 years old). When I requested my withdrawal, I asked that the money be sent to 1 account only (all other accounts had been closed, the one to which CF sent some of my money was 2 YEARS OLD!!!) – also CF would not allow me to withdraw ALL of the money in my account; only the original $500.00 which I sent to them. DO YOU REALLY WANT TO TRADE WITH A COMPANY LIKE THIS? N. Abraham, Jr MD/PhD

  44. Tommy says:

    I feel sorry for most of you people. If you can’t see that this is a scam..I just don’t know. I know people are desperate for money, but falling for scams isn’t the answer. Use critical thinking and common sense. If this actually worked, why would anyone bother being an affiliate for it? Why wouldn’t they just do it themselves and get 100% of the profit?

    Think, people.

    Also, it’s very strange how the CedarFinance and TradeRush websites use the same theme.

  45. Anas says:

    i recently regestered at cedarfinance (i didn’t invest any money thaugh) but i relly think that this is pure BULLSHIT sure you can make some money as most of the comments say there is no way you can withdraw it so in conclusion YOU WILL BE FUCKED

  46. Coco says:

    Hey people!! Don’t you see? This site is clearly set by Traderush, that is main competitor of Cedar Finance. Cedar Finance is NOT a scam, and Trade Rush does some nasty and unfair business. Do some research people!

  47. Cedar Fan says:

    Hello guys come on. I will tell you one thing. Before you start talking shit about Cedar Finance please give it a try. As well kindly note that to trade you need brains, Cedar Finance is not a dame charity org where you deposit the minimum of 200 and expect to earn millions out of the blues. Please try to understand and know about the market trends before even opening an account. I am a trader and honestly making money. I have no problems with my withdrawals and all of that crap you guys are talking about. Don’t try to mess up peoples business cause you are an idiot and investing without knowledge. Cedar Finance Is Real!!!!

  48. Nea says:

    Thanks, your views are very helpful, after all we’ve been street smarted by the real estate market to LOOK. BEFORE YOU LEAP. In a financial world, caution should be atural behaviour, lije one person said,it puts food on the table,that is the bottom line in this economy. We don’t have $200 to loose or invest! If trading is 60secs one should get so many dry runs till we get the hang of it. winning is a natural high. So even if we win .50c its going to make one high and overconfident. A trading platform should know this. ? is are they willing to milk it? Or look out for a rookie? Any biz or trader can have affiliates who ae paid on biz you bring them. Use caution. Make sure you have a chain on your quater before you drop it. If yiu like I have a cheap attorney on retainer who would be willing to advise u or read the fine print BEFORE u drop ur precious cash. Best of luck,you deserve to he rich heyond your wildest dreams. Don’t forget the little guys when you get there:-O. Please feel free to email or plus me on google+.

  49. Kurtis says:

    This is not a scam that I know of, it is however just gambling, some people will make money, some will lose it. I put in $200 just to see how it works and lost it within a month, but I wasn’t real dedicated to it.
    BE FOREWARNED, as soon as you make a deposit you will get a phone call from them trying to lure you into giving them more money, you will then receive countless e-mails from them. The advice in the emails is useless due to the up-down nature of trading in such short time spans.
    In the end I just gambled away what money I had so that I can forget about it and stop getting all the annoying emails and phone calls.
    If you want to take a chance, you MIGHT make money here, not sure if you can ever get it out to buy something with it tho. There is NO GUARANTEE, I would say you have a 35% chance.

  50. Akram says:

    I am really lost now.. some of you say its real while others say its not and they been struggling to get their deposits out. does anyone know a real official brokerage that guarantees ur money???
    besides since its resided in the United states and many people have been dumped, why the hell you dont sue them

  51. Aidan says:

    I’ve used cedar finance for a couple of days and ive found that if u only deposit $200 and use the 60 second way u’ll probly lose it by the end of the day its probs best to use the first option and read the charts and wait a little longer to see results.

  52. Liz says:

    THIS IS A SCAM because it it GAMBLING!!

    You don’t need a strategy for this….long term investment needs a strategy. How can you have a strategy to guess if the closing day price will be higher or lower? How can you have a strategy to guess if the price will be higher or lower within 60 seconds?

    I have tried it, and realized that this needs no skills or knowledge for trading, because it is GAMBLING!!! you are just gambling here.
    don’t do it!!!
    Or at least read all the terms and conditions before you decide to put your money in here.
    I want to give some examples based on my own experience

    EXAMPLE 1: the minimum amount for deposit is 200 of any currency, if after a while of trading you lost money, and you have in your account only 80, they won’t let you take your money out, because the minimum amount for withdrawal is 200 as well.

    terms and conditions:
    “The minimum withdrawal is 200 of the currency that you were using (one of the 3 available currencies EUR, GBP or USD)”

    They say that they will give you a bonus after you make a deposit. They will call you after they see you have started trading, and will tell you that you haven’t received your bonus yet and they will deposit it in your account.

    Sounds nice right??? well not really…..Once that happens, you are trapped, what do I mean by this? see below the terms and conditions

    terms and conditions:
    “If you claim the bonus, you accept the bonus policy.

    In order to withdraw any existing funds at your account (deposit and bonus), you are required to make a turnover of minimum trading volume of 40 times for every bonus + deposit. Money can only be withdrawn when the preceding stipulation has been fully met and fulfilled”.

    So if you have deposited 200 USD, they’ll give you 60USD (even if you haven’t claimed it). That means that if you want to withdraw your money (even of it is only the original 200), you cannot do it, because according to the rules you are obliged to turnover 40 times the amount!!! how much is that?? =2400 USD on top of the original 200 deposit. Since this is just gambling, it is not very likely you will ever get that amount before you can get your money out.

    So please people be aware!!!! this IS A SCAM!!!! you will be trapped as I am…..I have given up and accepted I have lost a more that 1000USD with this company….don’t do the same!

  53. Joshua says:

    Its not a scam and you should not share this on your facebook page. Please note : If your trading online(or Gambling) you cannot deposit $100 dollars at a time every time and expect to win everytime. You need to watch the graphs,and its also best to start with small amounts.Personally I trade $10 at a time and I make more than $300 an hour. If your going to trade $100 and you only have $200 in your account your bound to lose everything.Start with $5 and once youve earned $100 then move up to $10 and so on and so fourth. THIS IS NOT SCAM AT ALL. Cedar Finance 60 Seconds allows me to take care of my 3 year old Daughter and my wife all from the comfort of my Laptop.

  54. dez carter says:

    I am going try it folks scam or not!I can make non-belivers out of belivers.People who are scarced stay that way it mit for a reason y are broke and have no money!

  55. Garet says:

    Funny what you’re writing here. People just read terms and conditions when you register. If you’re not experienced and you want to make money with 200$ deposit and 60 seconds option, then I’m not suprised that you lose all your money. 60 secons is for experienced traders not for idiots.

  56. Randy says:

    EVERYONE – share this on your facebook page and help us put these scumbag basterds out of business!!!!!

    SHARE THIS PAGE ON FACEBOOK, YOUR TWITTER, TELL E!. I lost $250USD from this BS SITE and i will tell everyone about you scumbag fukcers!~!

    Hit the share button or just paste the link on your facebook page to warn others!

  57. Sarah says:

    They are thiefs and just robbed me of 200 euros. They make you at first win fast and then when you get bold, to lose everything even faster. It has nothing to do with financial decisions. It is just a scam. Thieves!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Never ever try it, unless you want to lose your money anyway!

  58. Patrick says:

    Yep just idiots who are using that kind of stuff to make some money (including myself)……

    I put 500 Eur on the account, received a bonus (after 3 days) of 20 USD. After losing +/- 300 Eur with trading I tried to withdraw 200 Err. Received mail that withdraw not possible because I have to trade 40 times the bonus….

    That are just thieves….
    And by the way, i’m using etoro for currency trading,
    made a withdraw request (2000 Eur) 2 weeks ago, still no money and no answer to mails….

  59. Garet says:

    You’re writing bullshit here. I had no problems with withdrawal request at cedarfinance.com. I deposited 400$ and within few months I profit 1350$. When you withdraw money from them, you need to send them some documents so they can verify your identity. That’s all.

  60. Phil says:

    read your post Dez thankyou thinking of investing I’m wondering were you just trying to get your investment back or did you turn a profit? and was your experience like the video?

  61. Tanner says:

    Okay I like maid an account not to long after I get a call from a woman asking to speak with me, it seemed ligit but I couldn’t really understander her that well because she had and acsent she asked me if I was avaible to talk and I said I was busy on purpose because my dad said its probably a scam so she asked when she could call back and asked a spasific time I would be availble and I said not really and she said can I call you tomorrow then and I said sure end of convo I’m just going to tell her tomorrow I’m going to do research to see if its a scam first before I deposit money just to make sure I don’t get screwd I’m going to research this subject hard core because 70% return seems just to good to be true for me ill comment more when I find out more info

  62. Ereick says:

    yeah i was thinking about opening account with cedarfinance depending on dez conclusion about the withdraw process so if everything went well please let us know thanks

  63. david says:

    a boiler room bucket shop.
    piss your money away in Vegas on hookers and blow
    you will have more fun.

  64. david says:

    these cedar f. guys are so full of shit it is running out their ears.

  65. shane says:

    Dez try emailing them always worked for me.

  66. shane says:

    I have emailed cedar finance a many time and i have always been replied to. I have an account i opened and is building up nice. I started with 200 and i win 7/10 attempts with my method about 400 a day profit. But…I have not tried to withdraw my money yet. there are people i work with that use this site and have no complaints they say they get paid so when i hit 5k im a try to pull it out.

    • Lisa says:

      I was new to binary options, but very willing to learn. I was sceptical initially, but decided to give it a try. The platform seemed user friendly and pretty clear to understand. The first red flag was not being told that I could not make deposits under $200. The site referred to the initial deposit being no less than $200, not subsequent deposits. The other alert was the promise of an account manager. The one assigned to me called me once and never called again as he promised. The company does not respond to emails nor phone calls. The most consistent response is on live chat, and many times they repeat what is written on the website or refer you to support. When you are trading there are many times when you are unable to complete the transaction for brief moments without any explanation. This often happens when you have an extremely good chance of winning especially if you are closely monitoring the movements. This makes me believe that the software allows Cedar Finance to manipulate the trade. After realizing that my successes began to lessen and I had no support as promised, I requested to withdraw my funds. It has been over one month and I have not received my money despite submitting all the required documents. I seldom get responses to my emails now and the phone lines don’t always “work.” When they respond they quickly remind you of the terms and conditions of withdrawal, but do not abide by their own terms. It is very clear that Cedar Finance is a dishonest company which steals clients’ money. They are not offering a service for anyone really interested in investment or the stock market. In fact, they are high tech thieves who prey on persons who are eager to earn additional funds fast. If anyone is considering trading with Cedar Finance, please do not waste your hard earned money.

    • Albi says:

      hello Shane, excuse me please can you help me to learn any method of this work please?

  67. Telekanal says:

    Please respond.

  68. Unknown says:

    i got my money From Cederfinance. i made exactly 5,150 dollars, so fuckers try it
    then is it sceame or legit

  69. tmarie says:

    Biggest red flag to me is that website says they are out of Cyprus (Greece). Arent they bankrupt and being baled out time after time. Plus Greeks are great rip off artists, I was married to one. Based out of US you and your $ SOL

  70. shahbaz says:

    hi best site

  71. Xtian says:

    Yeah let us know how it goes. Because if its a popular site. They should have a wikipedia page about them. Or they should be in business magazines. But the not. cant find anything about them anywhere.. becarefull. If its too good to be true. It most probably is.

  72. Dave says:

    Alica have you invested with cedarfinance?

  73. Dave says:

    I called cedar finance in newyork did not sound to good in the back ground/ however I did reach a live person, also called california and reached a live person and got info! still havent traded yet though!

  74. Dave says:

    I called cedar finance today and it didnt sound professional , in the back ground it sound like a housse party was going on! Bumer!!!

  75. Alicia says:

    I say SCAM! You can Donate (invest) money in seconds, but don’t ever expect to see any of it again. When you go to withdraw you funds they suddenly have all these unreasonable stipulations and requirements. As for the trading itself, there is no way it is as legitimate as they say. You would think you’d have at least a 50/50 shot, although you’d have to guess right at least 2/3 of the time to break even, somehow it actually works out that you only win 1 out of 10 times. The money just drains out and when you try to pull the plug they don’t let you have your money until you’ve paid back all the money you just lost to them! STAY AWAY from Cedar Finance, they are the worst of the scammers out there.

    • Shane says:

      Guys Cedar Finance is the best you just have to read their guideline or FAQ when you withdraw something it has to be a minimum of $200 and if you guys say that they drain your money you guys dont know how to do binary and stocks learn and trust me it will be way easier

  76. cg says:

    why dont you people do known name like e-trade or something similar, the have these rather than use these bs scam artists… etrade even has a test platform that you can play with and see how you would do without actual putting money in

  77. really says:

    So all I heard when reading this is… Here is a review of Cedar Finance… yet we have not used it and have no fucking clue what we are talking about. Thanks for the useless read

    • Caffeine says:

      Uh whatever. The warning bells are ringing loud and clear on this one. A little searching raised plenty of red flags about cedar finance, matched with the youtube videos listed above make this one a no brainer not to deposit at. Have you traded there, did you get paid?

  78. katie says:

    i opened account 2 weeks ago and when i hit Withdrawal Request some one got back with me and i got my money i made exactly 8,200 dollars i am so happy i will deff use cedarfinance.com again!

  79. ed says:

    How about scottrade?

  80. Obsolete says:

    I wonder why they only operate between 00:30-02:00 and 04:00-06:00 GMT-1?

  81. Conspiracy says:

    If I comment does not appear, Ill consider to make reviews for Traderush and cedar Finace as SCAM:

    Look carefully at Traderush and Cedar Finace Mainpage:

    quite Ironic How they Look the same….I guess One Web designer Can Manage to do that accurately, Nice review though

  82. ITisAsCAM says:

    Guys it is a scam, dont waste your money-.

  83. Jack says:

    Definetly seems like a scam the more I try to get answers and no one returns my email message regarding withdrawal request. In fact the withdrawal form is so vague that it is very unclear on how to get your money back. seems like a scam to me but hopefully I hear back soon.

  84. Joel says:

    I got an answer

  85. james says:

    these guys are 100% scam, I’ve had a withdrawl waiting for almost 3 months already! what a nightmare!

  86. Rissa says:

    Hi Dez, I’m actually interested to open an account with Cedar Finance having compared it to existing Binary Option Trading Sites. It’s easier to understand esp. for a beginner. However, it really concerns me about ‘how to withdraw earnings’ from that site. I googled if PayPal works for that site but can’t find any.

    Any tried and tested binary option site you can recommend? I’d really appreciate it if you can share your knowledge! =)

    Please and thanks much!

  87. Ty Anderson says:

    Telll me, your not an affiliate for TRADERUSH?

  88. Batty says:

    Whats the word on them Dez? Any updates? I am really curious how it worked out for you. What was your profit/loss and how much total did you try and risk?

  89. Caffeine says:

    I just saw where Brites (well known poster / mod on BOD forums) pulled up some copy from their pages and it was all boiler plate that they haven’t even updated the words… I wouldn’t trade there.

  90. Hank says:

    i was ready to open account last week and take risk with $200 as they ask the minume deposit and diced to wait and check it be searching and most of the search they show cedar finance legit !! then i saw many video and read many comments about cedarfinance option and exchange and most of them still show it’s good and legit!! so i click the live chat and no one there and never answer with always the option to leave message by email and i did but never heard back from them!! that’s what made me not to join because can’t be real comany or big as they sound and no answer !!…sound no good so far …i will check back with you here to see your update about these cedar finance.

  91. Caffeine says:

    Dez thanks for the comment and please keep us up to date on the withdrawal request. Be interesting to see if this is all a big sham or what.

  92. Dez says:

    Opened an account with cedarfinance, their platform seems ok, however I am worried that I have not been able to contact anyone from support and my withdrawal request has not been honored yet, will wait to see what happens, if they are legit they should start manning those support lines as this can be worrying, also it says they have a team of professionals that will help you build a strategy not heard from anybody yet, unlike other binary option sites I have accounts with. Iโ€™ll be sure to update this post if any of this changes but for now its not looking good.

Leave a Reply

Your email address will not be published. Required fields are marked *