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Resolved
Under the lock position, the platform maliciously increased the spread before market close, forcibly liquidated the account, net value over 700,000 USDT
Mediating Parties
EC markets EC markets
Issue

Others

Requirement

compensation

Settlement Amount

$5,062,480(USD)

Time

32day2hour

Mediation Status
Resolved
FX4290045459
Reply
EC markets
This is a fraudulent client who is deliberately trying to extort money. They experienced a normal liquidation due to the widening of the opening price difference on Monday.

Reply

Supplemental Materials
FX4290045459
I found that my settlement amount was written incorrectly. The amount is quite large, which is USD 685,973, and in RMB it is 5,062,480.

Supplemental Materials

Supplemental Materials
FX4290045459
The correct amounts are as follows: the amount in RMB is 5,062,480, and the amount in USD is 685,973. Please make this correction. Thank you!

Supplemental Materials

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WikiFX Mediation Center

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FX4290045459
Incident details: In the early morning of February 14, 2025 (near market close at 5:45 AM on February 15), ECmaarkets Anying Platform maliciously widened spreads, with a nominal spread of 67 points and a hidden spread of 48 points, causing my account, which was in a long-short hedged state, to be forcibly liquidated within one minute when my equity was over 750,000 USDT. There was no email notification whatsoever. Their act of hiding power behind a harmless appearance is too blatant. After nearly a month of communication with the platform, they have only replied to one email so far. I requested that the platform provide a complete and compliant explanation of the basis for the forced liquidation, but have received no response to this day. I hope friends from various media outlets will join me in opposing the unhealthy practices of this "black platform." The account is mine, and I have all evidence and materials. I hope to receive support and forwarding from media friends so that more people will know about the illegal operations of this black platform.

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