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Unexplained deduction

FX4081459993
Within 1 year
Unverified

Exposure

I had a balance of $3,123.47 in my Tradeview account on the 29th of July and didn’t place any trades. Before I knew it, deductions began from my balance, eventually leaving me with a negative balance of -$30.39.
08-13

Greece

Others

Reply from official Tradeview Markets

This review, along with others referring to actions taken by Tradeview to recover capital from debit accounts, is part of a coordinated campaign by a group of traders led by Onyeka Alimele of Flatbook. This group profited significantly by exploiting arbitrage opportunities during a period of high market volatility, taking opposing positions that generated profits in some accounts while creating losses and negative balances in others at Tradeview. The Tradeview Customer Agreement clearly states that clients must maintain adequate margin and are liable for any debit balance. Tradeview did not take any client funds from this group—not a single cent. In fact, we returned money to many of these clients and entered into settlement and release agreements with many of them. What was recovered was only a portion of Tradeview's own capital tied to their negative balances. These traders are not victims—they are unhappy because their contractual obligations were enforced.

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