Global Broker Regulation Inquiry App
About WikiFX
Broker Search
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

Download
Resolved
During high volatility, they don't allow closing positions or hedging, and the platform righteously claims this is normal.
Mediating Parties
Exness Exness
Issue

Scam

Requirement

compensation

Settlement Amount

$5,000(USD)

Time

113day23hour

Mediation Status
Resolved
9279

Sensitive Information

This content involves sensitive information, so it's hidden by WikiFX

Contact Broker
WikiFX Overseas Customer Service

Contact Broker

Verified
WikiFX Mediation Center

Verified

Start Mediation
9279
On the Exness platform, during high volatility, there are times when you can't hedge or close positions. I've encountered this twice. The first time, the position was small, so I didn't pursue it. The second time was on 2026.1.29. I had entered a long position. When the loss wasn't significant, I tried to hedge but couldn't; it prompted 'quotes closed'. Attempting to close the position got no response. At different times, I tried several times, each with the same prompt. The platform says that large market fluctuations can cause such situations. Their implication is that there's absolutely no problem with the platform, so they won't compensate me. This is how I understand their meaning: during high volatility, not allowing us to close or hedge positions is their platform's standard procedure and is normal. Every time you trade, you should ask them in advance if they allow hedging or closing. Even with futures matching and execution, with small order sizes, hedging and closing should still be possible; if it doesn't work once, try several times and it definitely will. The most important issue is the platform's attitude. Their problem is no longer just about not allowing closing or hedging; it's that during high volatility, if you're right, it's fine, but if you're wrong, you just have to wait to get liquidated. What kind of behavior is that? Even with tens of thousands of dollars, they act like this. I'm reminding everyone to be careful with this platform. Fund safety is one aspect, but whether the platform can play fair is even more crucial. The images below are my chat records with customer service and the email reply they sent me during my appeal.

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

To view more

Download the WikiFX App

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com