I have been scammed by liteforex. Someone help me
I have been trading with liteforex for years and i have had bad experiences with them. Some years back i had faced issues of them withdrawing my money for no reason other than the fact that i made successful trades and closed positions in less than 2 mins. I made a substantial sum of money because i am a news trader and then they collected all my profit. For this reason i stopped trading with this dubious company. I thought they had changed and then recently i invested a sum of about 100usd to test them in this market. I traded using about 0.3lot and made about 47successful pips in my account and this was done 1:30am GMT+1 on thursday 14th March 2013. I locked in about 123usd which made a total of about 223usd in my account. I tried withdrawing part of this funds about 200usd and they deducted their commission from my money and also took off all my profit and part of my capital leaving me with 92usd in my account. where is my profit i maded? it was never found there anymore. Where is part of my capital? It was gone. Court what have i done to deserve this? i have made sure i didnt go against their rule and followed their conditions, but now i dont know why they had to do this to me. Court i have contacted them via mail, chart and other means of communication but they keep saying i should contact amlpolicy@liteforex.com. I did that but this is what they sent to me:
Hello. The security department of the company notifies that the part of funds from your account MT4-L- 898287 was written off in accordance with the "Public Offer Agreement", clause 6.8. "In case the price change is related to the difference between the last instrument price before the market closing and the first instrument price at the opening of the market, or is connected with the news release, and increases profits by more than 10% of the Equity, the Company reserves the right to adjust financial result of such transactions to an amount proportional to the difference in the prices indicated above by means of funds deduction with a following comment. In some cases, the Company can set limits of less than 10% of total deposit to the minimum profit change."
Sir i am disappointed at this company and i want them to give me a well concrete explanation for this act because if i had lost in my trade they would have not taken my money, now i made profit and this is happening. What have i done wrong? Kindly assist me FPA because i am counting on you
I have been trading with liteforex for years and i have had bad experiences with them. Some years back i had faced issues of them withdrawing my money for no reason other than the fact that i made successful trades and closed positions in less than 2 mins. I made a substantial sum of money because i am a news trader and then they collected all my profit. For this reason i stopped trading with this dubious company. I thought they had changed and then recently i invested a sum of about 100usd to test them in this market. I traded using about 0.3lot and made about 47successful pips in my account and this was done 1:30am GMT+1 on thursday 14th March 2013. I locked in about 123usd which made a total of about 223usd in my account. I tried withdrawing part of this funds about 200usd and they deducted their commission from my money and also took off all my profit and part of my capital leaving me with 92usd in my account. where is my profit i maded? it was never found there anymore. Where is part of my capital? It was gone. Court what have i done to deserve this? i have made sure i didnt go against their rule and followed their conditions, but now i dont know why they had to do this to me. Court i have contacted them via mail, chart and other means of communication but they keep saying i should contact amlpolicy@liteforex.com. I did that but this is what they sent to me:
Hello. The security department of the company notifies that the part of funds from your account MT4-L- 898287 was written off in accordance with the "Public Offer Agreement", clause 6.8. "In case the price change is related to the difference between the last instrument price before the market closing and the first instrument price at the opening of the market, or is connected with the news release, and increases profits by more than 10% of the Equity, the Company reserves the right to adjust financial result of such transactions to an amount proportional to the difference in the prices indicated above by means of funds deduction with a following comment. In some cases, the Company can set limits of less than 10% of total deposit to the minimum profit change."
Sir i am disappointed at this company and i want them to give me a well concrete explanation for this act because if i had lost in my trade they would have not taken my money, now i made profit and this is happening. What have i done wrong? Kindly assist me FPA because i am counting on you