CMC Markets, WTI Fraud.

bartek1985

Recruit
Messages
4
Hello,

We are looking for people that had or have WTI cash positions on CMC markets around March – April.

Our positions were “caught” during this large oil brake down and our upkeep was changed from day to day from 22,5% to 225% with additional daily contango. So, from 1000PLN we got 10000 PLN day lost of upkeep of our open positions.

They have also changed reference index to December contract but till today (22-05-2020) they are not leveled out and oscillating around 11$ where December futures are 34$ (28$ by that time)

We are preparing joint lawsuit against them to recover our money and we are supported by one of the biggest lawyer company in Warsaw.

If anybody on this forum have similar experience with or have on going lawsuit process, please contact us!

We want to gather as much people and information around it as our lawyer confirmed this practice is nothing else than a Scam / fraud.
 

Occasional User

Recruit
Messages
1
Hi there,

I, like yourselves, have been financially harmed by CMC decision to rebase their WTI instrument from the near month to December.

It's intelcually dishonest and I have launched a complaint with the UKs financial ombusdsman authority.

Is their a cost associated with joining your legal action ?

Regards, Amit
London, UK
 

acertablet

Corporal
Messages
255
Hi there,

I, like yourselves, have been financially harmed by CMC decision to rebase their WTI instrument from the near month to December.

It's intelcually dishonest and I have launched a complaint with the UKs financial ombusdsman authority.

Is their a cost associated with joining your legal action ?

Regards, Amit
London, UK
hi, try contact the user from here
Code:
https://www.forexpeacearmy.com/community/threads/cmc-markets-question-regarding-wti-cash-west-texas-oil-contract.65457/
Code:
https://www.forexpeacearmy.com/community/threads/tickmill-scam-offers-invalid-wti-price-in-close-only-mode-wrong-price-execution-for-all-bigger-trades.65384/
 
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