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Resolved
CPT, a fraud platform, closed my positions for no reason, making me lose over $60,000. What a rip-off!!!
Object
CPT Markets
Issue
Others
Requirement
other
Amount
$50,000(USD)
Time
30day3hour

Mediation Progress
Hong Kong2020-10-17
Resolved
DAYEHENGYUAN
Belize2020-09-17
Reply
CPT Markets
As for More than 60,000, they are the losses caused by the original order on the market instead of closing positions without a rerason as what you said. There is a record for how the losses generated gradually.
Reply
Hong Kong2020-09-17
Contact Broker
WikiFX Overseas Customer Service
WikiFX Overseas Customer ServiceContact Broker
Hong Kong2020-09-17
Verified
WikiFX Mediation Center
WikiFX Mediation CenterVerified
Hong Kong2020-09-17
Start Mediation
DAYEHENGYUAN
I invested in CPTMarkets. I held 2.2 lots of long positions and 1.9 lots of short positions , over $60,000 in total, net worth $5,300befor the market closed on July 31, Friday. My long positions are 0.3 lot more than short positions. So even if there is a rise of 100 pips, my account is safe. I found out that all my positions were closed and the fund were gone when I opened my account on August 3, Monday. I communicated with CPTMarkets, they said it was because of widened spread which was caused by lack liquidity. While no matter how much the spread is, my positions weren’t wiped out. Steal my money. What a rip-off! Now I complain CPTMarkets and I want to get my positions back and CPTMarkets should compensate me!
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