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Resolved
Trading platforms colluded with traders to deliberately lose trade to earn profits
Object
TMGM
Issue
Others
Requirement
compensation
Amount
$6,400(USD)
Time
33day11hour

Mediation Progress
Hong Kong2023-05-19
Resolved
FX2384114474
Australia2023-04-19
Reply
TMGM
Dear customer, we're very grateful to you for the information. With respect to your problem, please send the detailed information about account and order by email to official customer service, mailto:support@tmgm.com, and we'll reply after an investigation. Thank you.
Reply
Hong Kong2023-04-17
Contact Broker
WikiFX Overseas Customer Service
WikiFX Overseas Customer ServiceContact Broker
Hong Kong2023-04-17
Verified
WikiFX Mediation Center
WikiFX Mediation CenterVerified
Hong Kong2023-04-15
Start Mediation
FX2384114474
Now there are many companies or traders in the market providing different trading program services, claiming to bring you 10-20% monthly profit, providing a large number of mt4 transaction records every day, and the condition for participation is to bind the designated trading platform (generally I joined one of the plans this week for team or Vantage, and tied the account to the tmgm trading platform. It took less than half a day for the trader to trade and lose all the money in the account. After contacting several customers who participated in the same plan, we have reason to suspect that the trading platform colluded with the trader and deliberately lost the transaction, making the platform profitable and the same trader can earn trading commissions. Because different sufferers also mentioned that they have seen transactions that were originally profitable, but in the end they also had to stop losses. When I checked with Trader, he said it's normal. This is obviously premeditated to lose the transaction, and the ultimate beneficiary will only be the trading platform. I hope you guys will help us figure it out. We believe this is already an element of fraud. https://www.instagram.com/rocket_investment_hk
Start Mediation
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2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations
