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Problem IC Markets SCAM ($43,450 LOSS)

I am having an issue with a company
Hi Walter/Compu,

Thank you both for the time you took looking at the history.

Now I am reading your analysis it seems very logical and it’s kind of bittersweet...on one hand it shows that it seems that it was my fault and on the other hand it shows that I did not get scammed (the slight sweetness in all of this).

I think I had 7-10K or margin left before I went to bed...but usually the margin level doesn’t even touch the hundreds and I thought the 600% was enough (clearly it wasn’t).

Anyhow thank you very much and moderator please close this thread...

Thank you all
Pheniox


So your issue with IC Markets is fully resolved?


It's also good to see more people becoming active in FPA

@FPA Forums Team would you like to do the honors?
 
Hi 4evermaat,

I think the analysis of the guys above showed that I was to blame and I think the honourable thing to do is to own to my fault and move on. So yes please close/remove the post as I wasn’t scammed (although it seems so many others have been scammed) on this occasion.

Thank you all again for your help (like I said it’s a bittersweet outcome...I will learn from it and bounce back stronger).

Pheniox
 
They are infamous for changing the leverage in the middle of night . I suggest you check your leverage first and make sure it was not reduced to lower that night you had a margin call.
 
Hi Forexteamau,

Thank you for your post.

I think the battle was mostly imaginary for me; as the analysis by the guys showed I was at fault.

However though; for others who have been scammed and maybe going through similar unethical tactics; how do they check their leverage history? To ensure no one (I.e broker) changed it without their knowledge etc.

Thanks and best of luck with your case.

Pheniox
 
Unfortunately there is no way to check that unless you have a recording app They have done it the past without giving any notice. I lost my faith in all Forex traders but if I wanted to trade with one next time, I would record my the screen on my laptop . there are tons of free softwares out there.
Thanks. Wish you all the best
Cheers.
 
Hi everyone,

Following on from some recent threads and almost identical responses that I have seen; I have re-opened this scam thread. I was too fast to trust other people's opinions on what has happened with my specific trades and now I am more convinced than ever that there were price manipulations just to ensure my account is liquidated by ICmarkets.

I do not want further responses from the ICmarkets defacto defence teams on here and will be inviting ICmarkets formally once our current discussions are finalised with them.

Thank you.
 
Hi everyone,

Following on from some recent threads and almost identical responses that I have seen; I have re-opened this scam thread. I was too fast to trust other people's opinions on what has happened with my specific trades and now I am more convinced than ever that there were price manipulations just to ensure my account is liquidated by ICmarkets.

I do not want further responses from the ICmarkets defacto defence teams on here and will be inviting ICmarkets formally once our current discussions are finalised with them.

Thank you.

@Pheniox123 Well done .Trust your instincts.Only trader and broker and god knows what exactly happened in these situations.
 
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