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  1. 13 August 2021, 12:26 am #1
    profbets is offline Public Member
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    Exclamation Finministry Affiliate Program ?Scam! Do Not Pay the Affiliate Commission

    Finministry Affiliate Program – Scam! Do Not Pay the Affiliate Commission​


    Attention affiliates and traders, Finministry Affiliate Program and their binary options brokers (RACEOPTION.COM, VIDEFOREX.COM, BINBOTPRO.COM, BINARYCENT.COM, CENTOBOT.COM, IQMINING.COM, DAXBASE.COM, DAXROBOT.COM, IQCENT.COM) do not pay affiliates and traders! Finministry Affiliate Program – Scam!

    Continue reading our story and how we lost $ 9.000 promoting these brokers!     We tell our story in hopes that no one will promote the Finministry Affiliate Program and their binary options brokers to lose money!

    The bottom line is that the Finministry Affiliate Program does not pay its affiliates for all the work they do and does not pay traders their earnings, if you are a trader and you have earned tens of dollars you will receive your earnings, but if you earn a lot of money you will not be paid for the winnings and the deposit or deposits will be returned to you and the account closed because if you are a winner you are not welcome!
    Our Story:​


    Finministry Affiliate Program pays its affiliates according to the following model: 60% from First + 20% from Next Deposits! Lifetime Revenue share, it doesn’t matter if the customer who deposited money wins or loses!

    We are not a simple affiliate who has a website and promotes a few brokers in his spare time. We are a company with over 20 websites, a team that works daily to direct traffic to owned websites. We have been here since 2012 collaborating with dozens of brokers, forex, and binary options forums and we pay salaries, taxes, and other fees. We want to receive the money for our work!

    Over 6,900 clients who visited our websites registered with the brokers mentioned above, of which over 380 clients deposited for the first time with these brokers and redeposit money over 640 times.

    The problems arose when the Finministry Affiliate Program started to let us know that we have many customers who asked for cash out of the money deposited without running this money on trading platforms. THE TOTAL NUMBER OF REFUNDS IS 98 AMOUNTING TO $ 9,000 IN LOST COMMISSION.

    It is true that from time to time, once every few months, a customer deposits money and for various reasons changes his mind and asks for cash out without trading. BUT DEFINITELY NOT APPROXIMATELY 9% OF THE TOTAL DEPOSITS (386 FTDs + 649 REDEPOSITS) ARE REQUESTED CASH OUT WITHOUT BEING TRADED.

    Because it seemed strange to us that over 9% of the deposits were returned and we lost the commission, we started to investigate.


    • On the dozens of accounts and social groups (Facebook, Instagram, etc.) that we manage, we started asking for opinions about Finministry Affiliate Program and their binary options brokers (RACEOPTION.COM, VIDEFOREX.COM, BINBOTPRO.COM, BINARYCENT.COM, CENTOBOT.COM, IQMINING.COM, DAXBASE.COM, DAXROBOT.COM, IQCENT.COM)
    • we started to ask the opinion of traders who visit our websites
    • we wrote posts in the finance, forex, and binary options forums where we asked what other affiliates with Finministry had experienced.

    We found out that other affiliates suffered the same as us and did not receive their full commission for the same reason – the clients sent by them appear to have asked for their money back without trading after the deposit.

    We went further with the investigation and found many traders who deposited money with brokers RACEOPTION.COM, VIDEFOREX.COM, BINBOTPRO.COM, BINARYCENT.COM, CENTOBOT.COM, IQMINING.COM, DAXBASE.COM, DAXROBOT.COM, IQCENT.COM and earned significant sums of money, BUT THEY DID NOT RECEIVE THEIR EARNINGS, THEY RECEIVE BACK THE DEPOSITS AND THE ACCOUNTS WAS CLOSED.
    The Conclusion
    Finministry Affiliate Program and their binary options brokers (RACEOPTION.COM, VIDEFOREX.COM, BINBOTPRO.COM, BINARYCENT.COM, CENTOBOT.COM, IQMINING.COM, DAXBASE.COM, DAXROBOT.COM, IQCENT.COM) do not love the winners. They want only losers. They do not pay big earnings and if you are a winner you will not receive your winnings, Finministry Affiliate Program and their binary options brokers will refund you your deposits and your trading account will be closed because if you are a winner you are not welcome!

    Affiliates who work hard and invest money to send traffic to Finministry Affiliate Program and their binary options brokers will not receive the full commission!
    Our Advice for Traders and Affiliates
    Our advice for traders is not to deposit at RACEOPTION.COM, VIDEFOREX.COM, BINBOTPRO.COM, BINARYCENT.COM, CENTOBOT.COM, IQMINING.COM, DAXBASE.COM, DAXROBOT.COM, IQCENT.COM because it will waste time trying to earn money that will never be paid in case of winning.

    Our advice to affiliates is to promote other brokers who pay the commission for the work done by affiliates and stay away from the Finministry Affiliate Program.

    Finministry Affiliate Program – Scam! Do Not Pay the Affiliate Commission
  2. 24 September 2021, 2:08 am #2
    casinostation is offline Private Member
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    ​It's really not possible.

    I myself was doing binary options at "IQcent" for a while.
    When my capital increased by about 50%, I withdrew from the market because the rate moved for a moment just before the decision time and I started to lose.

    I felt that it was impossible for the rate on IQcent to move many times even though there was no movement on the charts other than IQcent.

    This is a brokerage firm that should not be trusted.
  3. 12 January 2022, 11:06 pm #3
    mrbinary108 is offline Non-sponsor Affiliate Program
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    I've been having a similar experience with them recently. Past 3 months. Tons of refunds for no apparent reason. Conversions have dropped to less than 1% of registrations from around 4% a 75% drop and getting worse. I'm not doing anything different but it seems when bitcoin experiences huge drops conversions sink as well. They lost their credit card processing in 2018 which was a huge blow to conversions. They basically only accept bitcoin which is a huge setback. In my heart I know they are not crediting me for conversions and "shaving" commissions. I warned them that I plan to move my traffic if things don't improve. My skype messages to "Mark" and "Andrey" have gone unanswered for 6 months and counting which is a huge red flag. I can imagine what customer support is like for their traders. I even had a trader tell me even though he was winning his trades his account balance kept going down!! They could very well be on the verge of closing. I've worked with them since 2016 but things recently have gone to ish.
    Last edited by mrbinary108; 12 January 2022 at 11:44 pm.
    https://spectretrading.com
  4. 11 November 2023, 5:22 am #4
    profbets is offline Public Member
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    For all affiliates who promote Binary Options (Financial Betting) Deals I recommend:

    CloseOption Broker (10$ Binary Options No Deposit Bonus for Your Players)

    Finteria Broker (50$ Binary Options No Deposit Bonus for Your Players)

    Both accept USA & EU Traffic

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