CT Option

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CTOption.com Review

May 2020: There is now a third FPA Traders Court guilty vote against this company. The FPA now considers CTOption to be a scam. The FPA recommends against dealing with CT Option unless this issue can be resolved. This Scam Finding may be lifted if all guilty cases are resolved.

June 2020: There is an FPA Traders Court guilty verdict against this company. The FPA recommends caution dealing with CTOption.com until this issue is resolved.

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Consumer Reviews

Service use: Other

Length of use: over 1 Year

The FPA does hope that CTOptions someday pays the money owed in the 3 traders court votes against them. The FPA also hopes they repay you and anyone else they owe money to.

If CTOption is being honest, they should send 100% of the money owed to you with no fees, taxes, or any other charges.

Service use: Live

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Length of use: 3-6 Months

I deposited $4000 for trading and they added another $4000 as bonus. This is a managed account and a new manager gets involved every time. Every time a new manager contacts me he/she requests more money.
I was not ready to add more money and they added bonus to my account and started trading. I said i do not want more bonus and wanted to trade with the money i have. but they still added the bonus and did the trade and the manger said that i can with draw the profit if the current trade which was $30,000. Now i have a balance if $32,250.00, wanted to take the profit of $13,000.00

When i request the withdrawal of the profit , the compliance team first said i have to do trade worth 30 times of the bonus and to-day they sent me an e-mail that i have to trade 50 times of the bonus.

Every time i send a with drawl request, the requests gets cancelled.

I posted a review previously, that CtOption has approved my withdrawal and did not transfer the amount even in 4 weeks still, I wrote to the Debit Card Disputes Department and they could refund my deposit, however, my profit has been lost :(
Please if you have withdrawal problems, call and then write to that department of your bank and explain the situation, and provide emails and screenshots as evidence.
After 7 days the refunded my deposit!

Apr 20, 2020 – 1 Star I have deposited 300 USD on the 15th March, in United Trading Network, due to sync problems the amount disappeared from the account and then appeared again in CTOption.
They promised to do the sync between the UTN software and the broker but nothinng happened, after some days I have seen the trading history changed, they put some trades instead of me, which brought 100 USD to my account. Called them to stop, they told me that this is their auto-trader and I have no chance to control it.
And then I told them to stop the auto-trader, and requested a withdrawal, forwaded me to a rude marketing person who said he will approve the withdrawal and close my account because I am childish.(Ask them if I can keep the auto-teaded amount- they said yes)
After this the amended my withdrawal request and made losing trades, manipulating my account( 30second/60second trades when I was away from the computer).
So they left 15$extra from their auto trade and my 300$ plus 45$ profit is still not arrived, however they have approved on the 23rd March.
Almost a month gone.
I called my card company, filled up a depute to collect my money from the broker.
My account has been verified on the first day I registered.
Do not reccomend to anybody. i am in the UK, but never choose a non CySeC regulated broker again! Plain mentality and rude behavior, the chat person can do nothing for me, they constantly told I must contact with the account manager.
Do not register with them, experinced traders wrote me they are under new management and playing the same game with people like me.

Connecticut Option, Individual Mandate Proposed For Healthcare

Democrats unveiled a wide-ranging healthcare bill that was described as being the biggest since the Affordable Care Act.

By Rich Scinto, Patch Staff Learn how you can verify your Patch account.’ data-placement=’bottom’>
May 23, 2020 3:31 pm ET

HARTFORD, CT —Democratic state officials unveiled a new healthcare proposal that comes with a “Connecticut Option” for health insurance that could save individuals and small businesses 20 percent in premium costs. It would also institute a statewide individual mandate similar to what was once charged in the Affordable Care Act. The announcement comes with less than two weeks left in the legislative session and inflamed growing tensions between Republicans and Democrats at the capitol.

The Connecticut option would be offered through insurance companies under their own provider networks or through a network developed by the Office of the State comptroller. Insurance companies that serve state employees will also have to provide cost-effective plans through the exchange.

“This is perhaps the most important set of healthcare reforms in America since the Affordable Care Act,” said Sen. Matt Lesser, co-chair of the insurance and real estate committee. “We are going to the mat for seniors struggling with the cost of prescription drugs and for families and small businesses facing rising premiums and sky-high deductibles.”

The Connecticut option would starting 2022 and have costs 20 percent lower than average premiums on the exchange in 2020, according to the proposal.

Legislative Republicans said Thursday they were blindsided by the massive proposal. State Senate Republican leader Len Fasano said they only got the bill through lobbyists Wednesday night.

“That’s the arrogancy of the majority that I’ve never seen in this building, even under [ former Gov. Dannel] Malloy,” Fasano said. “He would at least give us the opportunity before he paraded it out to a press conference.”

The proposal also comes with less than two weeks left in the regular legislative session. Legislators still have to figure out the state budget along with many other bills.

“This is a huge change in healthcare law… there is no public hearing, there is no testimony there is no evidence that this is good or bad,” Fasano said.

State Sen. Kevin Kelly, the top Republican member of the insurance and real estate committee said the new proposal is much larger than one initially proposed at the beginning of the session that would’ve created a public option.

“I’m a ranking member on insurance, I have yet to see Democrat proposal,” Kelly said.

Gov. Ned Lamont along with State Comptroller Kevin Lembo, Democratic senators and representatives have endorsed the bill. Lamont said as a small business owner purchasing health insurance for his employees was costly, but that it helped attract talent. At the time he was competing against big companies like Verizon and AT&T who could purchase health insurance at a lower cost due to their larger pool of employees.

“Providing quality, affordable care is also core to Connecticut’s values and critical to economic growth,” Lamont said. “That’s the same vision I have for Connecticut: create the conditions for families and businesses to succeed by bringing public and private actors together to deliver quality health care that families and small businesses can afford.”

Small businesses and individuals are tired of paying for expensive high deductible plans where they don’t see a dollar of benefit, Lembo said.

“Our businesses, our workforce and our families deserve more, beginning with a health care system driven strictly by the value of care and not the highest prices the market is willing to bear,” Lembo said.

The bill would allow the state Office of Health Strategy to monitor health care spending growth and recommend solutions to lower costs. The aim is that transparency will help curb price increases from health care providers, insurance carriers, drug manufacturers and pharmacy benefit managers.

The proposal also has some measures to help people with financial assistance, including subsidies for low-income residents who qualify for federal subsidies and middle class residents who struggle to afford insurance. That part of the plan will be funded through a “responsibility fee” for residents who are able to afford, but choose not to buy health insurance. The fee is similar to what was previously called the individual mandate under the federal government. The federal individual mandate was killed for the 2020 plan year. The individual mandate would raise about $25 million, Lesser said.

Connecticut would join Vermont, Florida and Colorado to petition the federal government to allow Connecticut residents to buy prescription drugs from Canada at heavily reduced costs.

CT Option

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