Traders Report Fund Scam & High Slippage at TD365: Read What They are Saying

Finding it hard to log in to your TD365 forex trading account? Have you been facing losses due to the brokers trade manipulation tactics? Do you face high slippage issues at TD365? These issues have become so rampant that many of its traders have gone online to criticize the Bahamas-based forex broker. In this article, we have discussed various complaints. Read on to know about them.

Glancing at Complaints Against TD365

The Login Issue

Traders receive suspicious messages from the broker, preventing them from logging in to their accounts. Despite sending emails and chats, they do not receive any assistance from the TD365 customer support team. One trader, frustrated by this, gave a negative review of TD365. Check what the trader said.

Illegitimate Increase in the Trade Lot Size

In one of the reviews for TD365, the trader has alleged that the broker changed the trading size by a mammoth 3500% and refused to reimburse him. As the trader was alert, he was able to limit the damage, which, otherwise, could have been colossal. Here is a recount of what could have been financially tragic for the trader if not for his prompt response.

Slippage Issues Give Sleepless Nights to Traders

A trader reported that TD365 has the smallest spreads but the highest slippage. As per the trader, the slippage remains high even when the market is not that volatile. This results in unnecessary losses for traders. We have shared a screenshot below containing a sharp trading complaint against the broker.

Fund Withdrawal Issues

Traders have reported fund scams at TD365, keeping it among the list of fraudulent brokers. One trader requested a fund withdrawal worth 5,000 dollars. However, the trader could receive only 1000 dollars. With inconsistent customer support service, the problem became complicated for the trader. This led to this sharp complaint.

WikiFX Reviews TD365 - Score and Regulatory Status

The WikiFX team surveyed the trading complaints against TD365 and found them to be suspicious. At the same time, the investigation showed that the broker is not licensed, making transactions through the platform even more risky. Keeping all these in mind, the broker could receive a modest score of 1.48 out of 10.

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