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Resolved
IC platform account forced liquidation upon opening
Object
IC Markets Global
Issue
Others
Requirement
compensation
Amount
$427(USD)
Time
33day0hour

Mediation Progress
Hong Kong2024-06-26
Resolved
Greatstone
Australia2024-05-27
Reply
IC Markets Global
Dear customer, please send the information including trading account, order number, and brief description of your problem to us at support.cn@icmarkets-cs.com via your registered email, with the subject of Trading Investigation Application, for further investigation, if you have a problem about your order. We’ll reply in 3-10 working days. Thank you for the understanding and support.
Reply
Hong Kong2024-05-24
Supplemental Materials
Greatstone
My account number was entered incorrectly; the correct one should be 11171748.
Supplemental Materials
Hong Kong2024-05-24
Contact Broker
WikiFX Overseas Customer Service
WikiFX Overseas Customer ServiceContact Broker
Hong Kong2024-05-24
Verified
WikiFX Mediation Center
WikiFX Mediation CenterVerified
Hong Kong2024-05-24
Start Mediation
Greatstone


This IC platform allows you to open a position if you do not have enough margin, but you will be forced to liquidate all your positions upon opening a position, and your account will be destroyed without any fluctuation. It is equivalent to installing a self-destruct nuclear bomb button in your account. Once you enter the wrong number of lots when opening a position, your account will be destroyed, resulting in a loss of position and you will owe them money. Other platforms cannot successfully open a position if the margin is insufficient or below a certain level. They use the difference between the bid and ask price as the basis for closing your account. This IC is a complete trap. If this is not considered a black platform, I don’t know what a black platform is. Who knows what the cost of the bid and ask price is when encountering unfamiliar and unfamiliar targets? If the cost of the bid and ask price exceeds your account, they will let you open a position, but you will be forced to liquidate the position upon opening, not only deducting all your balance but also owing money. Please note that it is not the slippage of fluctuations that causes the loss of position, but the normal opening cost that causes the loss of position, and it is closed before the fluctuation link.



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