citytrader
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anyone heard of Think-Forex, keep getting calls, all they want is my money ???
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It will be good if you can open a new thread in scam folder along with the details you shared here.Dear SIR / Madam,
I had an issue with Think Forex last month (3rd Jan'2019) and had few emails sent and rec'd in the matter but, its docent seem to be getting resolved. Below is the email describing the issue.
Account / Market scenario @ about midnight-few hours before the market mishap that happened on 03rd January’2019.
Running trade which was apart from the hedged ones -4 trades.
33746646 EUR USD Buy Initiated @ 1.14304 [Market was trading @1.13400-13450 range][Trade was @ -896 USD]
Sell-Stop trades which were purposefully kept to cater the above trade as a backup, if there is any unforeseen movement in the market –hedging strategy. Although there was equity of almost 1170 USD.
1)33962277 EUR USD Sell Stop @ 1.13200[TP @ 1.13150] TP was not respected and the following trade as mentioned in item 2 below got initiated which should not have happened before this is closed.
2)33959230 EUR USD Sell Stop @ 1.13100[TP @ 1.13050] TP was not respected although the market did touch the TP level.
3)33962301 EUR USD Sell Stop @ 1.13000 Got Cancelled on its own
As the TP for Item 1 & 2 was not triggered, the equity got liquidated, since the market went up. Due to which all my existing trades were closed due to shortfall in equity and my entire account was compromised.
Based on the above, I have come to conclusion that Think Forex team is being unethical with their clients and is duping the customers. I would appreciate if relevant authorities look in to this matter and do the needful to have this resolved amicably.
Thank you,