VIP Binary is a SCAM. DO NOT trade with them. I signed up beginning of October 2012 and was sucked in. First I opened with $250 (my initiative), a week later a broker contacted me. I was suckered in to invest $5,000, then another few days I was approached to make risk free trades, another $1,000 and then $2,000 same day. Yes, the trades were profitable. I then tried to withdraw as it seemed too good to be true. To cut a long story short, I made a total of 5 withdrawals over a few weeks. Each one miraculously was cancelled. During this time, several brokers rang and did the hard sell. There was no contact with support or the accounts department. After I realized it was definitely a scam, I contacted my bank (Citibank) and made an official dispute. I have finally heard from Citibank that I won the dispute. I had invested $9,250 and it is now securely back in my account.
If anyone - and I am sure there are a lot of you in this position. Contact your bank and get them to make a dispute - it worked for me. I can't believe how dishonest some people are, working an institution like that.
Good luck with your disputes!