Fraud platform made clients’ position liquidated.
On Monday, I figured out that the platform was illegal since the spread of XAU/USD was expanded by 15 times, which caused forced liquidation. But TOP1 GROUP blamed it on liquidity. I am confused why the price could rebound after the position was closed. I encountered with the second situation on this Saturday. My margin was 114%, with 280% available. I haven’t taken the screenshot. But on Saturday, one of my order, 0.36 lot, was closed compulsorily. TOP1 GROUP deducted my interest, saying that my margin was less than 100%. Although the interest was deducted, the balance should be $200 or so. When I reflected this to the service, it kept fending off. It is obviously a rip-off. TOP1 GROUP simply wants to covet clients’ fund by causing malicious liquidation.
Severe slippage
Take heed on this fraud.
1. Severe slippage 2. Manipulation on position-closing line 3. Bad service
1. Severe slippage 2. Manipulation on position-closing line 3. Bad service