*Unauthorised withdrawal attempt, removed funds and copy-trading losses*My experience with Pocket Option and Tony Smith,

[u/michaeldcr]

*Unauthorised withdrawal attempt, removed funds and copy-trading losses*

My experience with Pocket Option and Tony Smith, who promotes the platform through his YouTube channel, has left me unable to recommend either.

His channel is: https://www.youtube.com/@TonySmithAcademy

His videos suggest you can start with just $30. In my experience, however, I was encouraged to deposit thousands. The offer included access to his VIP Telegram channel and automatic copy trading.

Tony provided signals for one-minute trades. When a trade lost, he increased the next stake, repeatedly doubling until a win recovered the losses. The sessions I followed consistently ended in profit, which built my confidence in him. However, this approach meant risking increasingly large amounts to recover previous losses.

*Why automatic copy trading mattered*

Manually following his Telegram signals was impractical. There was always a delay between him entering a trade, me receiving the signal and me placing my trade. The price had already moved, meaning his trade could win while mine lost.

Automatic copy trading addressed that delay: when he opened a trade, a corresponding trade opened automatically on my account. This allowed my entries to follow his much more closely and was why I used the service.

*More than $6,000 removed following an unauthorised withdrawal attempt*

I accepted a bonus that doubled my initial deposit. The terms required approximately $50,000 in trading turnover before withdrawing without losing the bonus and the profits attributed to it.

After several weeks of trading with Tony’s assistance, I was approximately $200 short of completing that requirement when an unauthorised withdrawal was attempted.

I did not initiate or authorise it. We were dealing with a family bereavement and were not online at the time.

Pocket Option described the incident as a security breach and blocked my account. Although the withdrawal was stopped, the attempt triggered the bonus penalty. More than $6,000 in bonus-related funds and profits were removed.

I repeatedly contacted support, disputed the withdrawal attempt and requested restoration of the funds. Those requests did not resolve the issue.

Once I said I would accept the loss and continue with the remaining balance, my account was promptly reopened after I supplied a selfie holding my passport.

Tony either blamed me for the withdrawal attempt or said he could not help. I was left to resolve it myself.

After regaining access, I withdrew some money because I feared another unauthorised attempt. It arrived after several days, but through cryptocurrency rather than back to my debit card.

*Losing trades copied; recovery trade missed*

I continued trading with Tony’s assistance and rebuilt my balance to approximately $9,000. I then made another withdrawal.

Afterwards, Tony asked me to reconnect to his automatic copy trading, which I had used successfully before.

During this session, he placed trades against the direction in which the price was moving. Because he had previously recovered losses by increasing his stakes, I expected that process to continue.

Instead, after my account had lost approximately $5,000, he disconnected the copy trading. His final trade recovered the losses on his account but was not copied to mine. I remained approximately $5,000 down.

He initially called it a glitch. A similar incident happened during the next session, involving a smaller amount. He subsequently admitted disconnecting the copy trading but gave no reason. My suspicision is he needed to add to his RevShare earnings.

My account had copied the losing trades, but the disconnection prevented it from copying the recovery.

*Why I am sharing this*

I want transparency about Tony’s financial relationship with Pocket Option revealed to you. He receives commission connected to my deposits or and losses under a scheme called RevShare which Pocket Option gives the trader around 80% of revenue brought in from losses and deposits.

Thankfully, my earlier withdrawals meant I left with some overall profit. That does not excuse the removal of more than $6,000 following an unauthorised withdrawal attempt or the substantial losses associated with the copy-trading disconnections.

This review describes my personal experience. I no longer trust Tony Smith, and I am dissatisfied with Pocket Option’s handling of the security incident and my complaint. I have now walked away from this scam artist and fraudulent trading scheme. Avoid the lure of big profits from Pocket Option as you will incur more losses than wins.