Recent content by cchan

Yes, I managed to get the full amount back from Plus500. The amount is SGD 73,187

Thankfully I managed to get my money back. Thanks all for the assistance!

Thanks Pharaoh and Master Yoda. Yes i have contacted CySEC last week pertaining this matter as well as MAS which is the regulatory authority in Singapore, they have directed me the the Commercial Affairs Department within the Singapore Police. I tried filing and FPA Traders Court case, however...

Thanks for the advice, I have checked and it's with the Cyprus branch. So I guess my only recourse is to complain to CySEC. I am awaiting their decision now. Again I am fed up with them replying me and telling me to send them a copy of my Visa card. I sent it time and time again to have it...

Additionally, I would like the highlight Plus500's dubious activities and practices. For example, there seems to be no accountability to customers of what Plus500 does to their customers accounts. I don't believe this is appropriate behaviour for any broker. I have submitted my verification...

Yes, I had to go through the User Agreement. However, there comes debates about what scalping is and what scalping means, and then extensions of debates to how Plus500 has not defined scalping in their User Agreement. On top of all that, I am in no way a trader that abuses the market in...

Their claim was on scalping and not on arbitrage.

Hi Pharaoh, Thanks for the reply. I have considered that option but am worried about the cost that will be incurred. I will go ahead and check it out though. An update, I have sent over 20 emails to Plus500 updating them On the complaints I have made and the problems I am facing but with...

I have had experience trading Commodities and Futures in Singapore and was drawn to Plus500 due to the leverage. I had no problems whatsoever with my trading strategy at other platforms. Registration was simple and I verified my documents. Subsequently, I made profits with a total balance in...