Fraud induces customers to open accounts and trade. After the customers make profits, the platform deducts the account profits.
Equiti's market staff induced me to open an account and deposit money for trading with low spreads, interest-free and other conditions. After the account made profits, the platform deducted the account profits on the grounds of illegal transactions. When negotiating with the platform, the personnel were rude and refused to handle it, and the complaint email was rejected.
The platform's gold maliciously slipped by 10,000 points, causing an account liquidation of 5 million.
There are 3 orders for spot gold in the MT4 account of the EQUITI platform. The position was liquidated when the gold price surged after the opening on Monday, December 4, but the liquidation price was 2186+. The price of this liquidation was unacceptable. I learned that although the price of gold on almost all major global platforms and US futures prices has increased, it has not reached the 2185+ position. For these three orders, I requested that they proactively provide detailed selling information of the orders and legal certificates issued by regulatory agencies, but they did not respond! My highest peak deposit was over 5 million! I didn’t expect it to be a black platform!