English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
Resolved
FXCM slippage widened and it is useless to set stop loss, resulting in liquidation
Mediating Parties
FXCM
Issue
Others
Requirement
compensation
Settlement Amount
$12,700(USD)
Time
207day9hour

Mediation Status
Hong Kong2023-06-07
Solved after user's confirmation
FX6709144505
Hong Kong2022-12-25
Supplemental Materials
FX6709144505
I can't accept what he said. I set stop loss, but didn't close position. A heavy slippage resulted in the liquidation.
Supplemental Materials
United Kingdom2022-11-30
Reply
FXCM
Thank you for the information. We have already contacted you about that odds prefer a slippage caused by the price gap in market when key data is released. This is a common market risk. You're advised to control your positions under risk management. Please feel free to reach out to us, if you have any questions. Your support to FXCM is greatly appreciated.
Reply
Hong Kong2022-11-14
Contact Broker
WikiFX Overseas Customer Service
WikiFX Overseas Customer ServiceContact Broker
Hong Kong2022-11-14
Verified
WikiFX Mediation Center
WikiFX Mediation CenterVerified
Hong Kong2022-11-12
Start Mediation
FX6709144505


2022.11.10. FXCM’s 106863579 order set a two-pips stop loss at that time, and the slippage of the transaction order expanded, which led to liquidation. No answer from FXCM email.



Start Mediation
Statement:
1. The above content only represent personal view, do not represent WikiFX's position
2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations
2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations
