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Revocal of profits after news trading stating it was ""abusive"" trading, even after holding positions more than the 2 minute rule, The company stated;""The company reserves the right to report to the relevant authorities if deemed necessary ."" creating a threat like I was some sort of criminal.Stay clear of this broker, there is so many other better ones!
2023-06-15
Reply
Dai Vu
0-6 months
ZERO Commission Account
Germany
I had a problem with them 3 months ago.they deleted my profit because i have someone from Bangladesh trade for me.they tell me that they see that someone is using my account from another country and they ask to confirm it will not happen because they say Cysec cannot allow someone to trade on my account if he has no license from European authorities. I filed a complaint to Cysec. but they tell me they cannot do anything because i did not comply. they refund my deposit and close account. I opened an account with my wife name i trade on it now, it is ok they have good executions and always liquidity on news. but if you have money manager forget, they delete profits and close accounts.
2023-06-15
Reply
Haya Shakeel
0-6 months
ZERO Commission Account
United States of America
Terrible broker, stay away! Yes they fill without slippage, even at newstime, however what good is that as they delete ALL profits when withdrawal time comes around. They have a "must hold position for 2 minutes or longer" rule to prevent scalping. Fine, I followed that rule but sure enough all of my profits were deleted when I requested a withdrawal. They said my trading around news time was "abusive trading" but they said this only AFTER I had traded with them for 2 months. Basically their thieves and criminals imo. Stay away!!!