Deltoid88
Master Sergeant
- Messages
- 278
I am going to describe 2 problems I ran into with Tickmill. My trading account # 3033967.
First and main problem is fake and imaginary WTI CFD price they offer in the moment. Their price currently is at 9.43$ for barrel, while true WTI CFD price is 26$ for barrel, it can be checked with any other broker, or simply by looking at CME futures prices for WTI, all contracts are above 25$ for barrel. Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of December 2020 futures price, which is also invalid since price for December futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review. WTI spot price must be close to futures prices, must reflect futures prices, if it does not, then that price is completely invalid and fake.
Second problem I encountered with wrong price execution for trades bigger then 1 lot size. This applies for all FX pairs and Metals. Order is executed on price NOT SHOWN in MT4, but on price worse for client by 1-2 points. This happens every time, for manually opened positions and pending positions. They stole from me on over 500 trades these 1-2 point. It is not slippage, it is wrong price execution! I brought this issue also to them, and gave them chance to refund what they were stealing from me for years, but they refused with no true explanation provided, only fake arguments which has nothing to do with reality. Experienced trader like me can not be fooled or tricked like that. I have made even video where it can be seen wrong execution. They provided no true explanation for this, and denied unavoidable refund. No positive slippage occurs for trades 2 lots or bigger, 95% of time there is negative slippage.
I am showing emails from me and Tickmill as well about both my cases. When we come to deciding moment where there is no more hiding behind thrash talk they just say no further explanations will be provided regarding this matter. Total SCAM! This company needs to be marked with SCAM alert label here on FPA.
First and main problem is fake and imaginary WTI CFD price they offer in the moment. Their price currently is at 9.43$ for barrel, while true WTI CFD price is 26$ for barrel, it can be checked with any other broker, or simply by looking at CME futures prices for WTI, all contracts are above 25$ for barrel. Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of December 2020 futures price, which is also invalid since price for December futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review. WTI spot price must be close to futures prices, must reflect futures prices, if it does not, then that price is completely invalid and fake.
Second problem I encountered with wrong price execution for trades bigger then 1 lot size. This applies for all FX pairs and Metals. Order is executed on price NOT SHOWN in MT4, but on price worse for client by 1-2 points. This happens every time, for manually opened positions and pending positions. They stole from me on over 500 trades these 1-2 point. It is not slippage, it is wrong price execution! I brought this issue also to them, and gave them chance to refund what they were stealing from me for years, but they refused with no true explanation provided, only fake arguments which has nothing to do with reality. Experienced trader like me can not be fooled or tricked like that. I have made even video where it can be seen wrong execution. They provided no true explanation for this, and denied unavoidable refund. No positive slippage occurs for trades 2 lots or bigger, 95% of time there is negative slippage.
I am showing emails from me and Tickmill as well about both my cases. When we come to deciding moment where there is no more hiding behind thrash talk they just say no further explanations will be provided regarding this matter. Total SCAM! This company needs to be marked with SCAM alert label here on FPA.