Unable to withdraw. There was severe slippage with this dealing-desk platform.
XINSHENG asked for margin, claiming that my account information was wrong. After that, it still asked for credit-score raising fund, with 10 thousand per score. I was scammed of 300 thousand yuan!
XINSHENG will withheld your profits.
It is a desk-dealing platform which only covets clients’ fund.
XINSHENG is a fraud dealing-desk platform with severe slippage, deducting capital without authorization
At the beginning it was ok. It is acceptable to lose. But when it comes to profits, they would either make slippage or secretly take away your balance, to force liquidation or close the position. The customer service said that it can't be not resolved due to software problem. This platform is a pit. I exposed it so that everyone can stay away from it and avoid losses.
I deposited 10 thousand dollars. When it came to withdrawal, I was asked to become the VIP before a withdrawal.
I deposited 70 thousand yuan and earned 30 thousand under instruction. But when it came to withdrawal, I was asked to pay 50 thousand to become the VIP before a withdrawal.
Why the withdrawal process needs so long time?
I applied for the withdrawal on Monday, while it was yet to be received on Wednesday. No service replied to me! If not being received, I will call the police!
The withdrawal rate is far below than that on other platforms, that is, at least 1000 would be deducted.
Since 2019, I have been trading on MC . But I found that the withdrawal rate was far below than deposit rate. When I deposited $1000, 1000 RMB would be deducted. When it came to withdrawal, the withdrawal rate is far below than that on other platforms, that is, at least $1000 would be deducted. It simply coveted clients’ fund by manipulation. When I argued with the service, they kept fending off. Hope you stay away. Even you deposit 10 thousand and profit 1000, it will be doomed. Don’t trade on this platform.
The service is out of contact.
There was such problem as delayed withdrawal and dead system with the platform. The service is out of contact. Has it absconded?
The problem of withdrawal rate
According to the rate of 1:7, the $300 withdrawal became 2103 RMB, while real-time rate was 1:7.045. The deposit rate was 1:7.1. I only want to tell this platform is a rip-off, which secretly hoards service fee.
The rollover was charged inexplicably.
I locked the position and went short on XAU/USD currency for 0.25 lot per order on weekends. While the rollover was $10 or so, the platform withheld $40.
Stay away form the scam platform
Even though there was no slippage, the platform stopped loss below the price. The customer service said that spread fee needs 2 pips. Do you think I am a simpleton?
Scam platform
It is a rip-off that I couldn’t close the position timely due to stuck system.
Scam platform
There is a tens of slippage with the platform. Even I locked the position, there still would be 8-pip slippage. The customer service palters with me!
Don’t trade in this scam platform
Seeing the promotion on Baidu, I registered an account and deposited $5000 or so. Having traded for 3 days, I profited $900(during the rushing hour, APP is dead). But there were several slippages during my trading, with maximum up to $1. In addition, the deposit account and card provided are fake. Don’t attend the withdrawal activity! It will notice you that you haven’t traded up to 6 lots and will deduct $100n from your account,which is simply a rip-off. The customer service is always out of contact.
On March 21st, my short orders were all stopped losses compulsorily.
That day, I went short and set the stop-loss at 1643.85. At 20:00, the price plummeted and, without the cocking candlestick occurring, the platform closed my position compulsorily. The platform responded that they could compensate me at 1622, which is ridiculous. Who could close position at that trend?
Induced fraud by XINSHENG
XINSHENG is a deal-desk platform. By tempering the data, it makes all clients suffer losses!
Severe bug with fraud platform MC made me suffer losses!
On the night of December 7th,I set a floating stop-loss price about 40 pips on AUD/USD.In the next morning,I found that it has decreased sharply,which was far below 40 pips.But the MT4 of MC sold out my order without referring to the price I set.Now the increased price made me suffer great losses.When I inquired about it,the customer service told me to wait and then to contact the QQ customer service.I waited long but eventually no one could solve the problem for me.I have been surly encountered with the fraud platform.Hope more person avoid being cheated!
XINSHENG is a rip-off.Before your decision,please read my depiction.
Since the time of S market is short,I began to trade in B market.I took a chance to trade in XINSHENG recommended by other.Hope you decide whether to trade in it after reading the following depiction: At first,I was just asked to enter phone number and name to trade.But when I saw the bank consumption certificate,did I know that is a facade company! There was a sent $100 when I deposit fund.Only by trading for 6 lots,can I withdraw the sent fund.Otherwise,it would be deducted.OK! I have encountered with the slippage during trade,my position was closed beneath the stop-loss price I set.Sometimes the slippage was 1 pip.When the market was volatile,I even couldn’t log in the software! When is came to withdrawal,it was the moist rip-off time.They charged service fee with kinds of reasons,with 5% each project. Even worse,the rate of deposit was around 7.10.I needed to pay another $10 if I deposited $100,which was normal,But when I made a withdrawal,I only got $690,with $20 missing! It was a simply rip-off.Many screenshots are easy to reveal personal privacy, only posting a piece of the platform's withdrawal rules!Hope it help!
Their terminal is inaccessible.
It was all because of a market change—the gold price soared 30 pips up. Their terminal is inaccessible now and service missing. I called them but no one answered. This is a scam. Be alert.
XINSHENG is a dealing-desk scam.
XINSHENG manipulated their background data and made me lose over 700000 RMB. Every time when something big happens, I can’t log in to their server. They seduced me to deposit with various promotions. I’ve called the police. They told me they are in Hong Kong, so whatever I do, it would be futile.
My account was intruded by someone else
On 7, 11th, about 10:07 to 10:10, my account was intruded by someone buying in 4 orders, a total of 12 kg silver. I haven't invested in silver this year.