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IC MARKETS

Discussion in 'Scam Alerts' started by Vanessa.P, Feb 11, 2019.

  1. Gabdrakhmanov

    Gabdrakhmanov Recruit

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  2. Gabdrakhmanov

    Gabdrakhmanov Recruit

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  3. Gabdrakhmanov

    Gabdrakhmanov Recruit

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  4. Chris H.116

    Chris H.116 Recruit

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    Her trading clearly. By looking at the entries and where and what price was doing, she shouldn’t of been trading. I don’t wanna get into petty arguements over the internet. She lost because she doesn’t know what she is doing.


    Anyone can make money in the market, how consistent are you. How well do you understand price.

    By seeing her history I’m not surprised. Won’t be posting again good luck.
     
  5. 4evermaat

    4evermaat Master Sergeant

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    Irrespective of our opinion of whether the trades made were "good trades", unless someone can prove that they violated IC Market's PDS of some kind.

    To go deeper with the foul play, I would need to see the terminal journal logs. @Vanessa.P, do you have these? Can you post them in full for the days in question.

    The withdrawals, can you confirm if and when they were paid? That would be criminal if @IC Markets did not pay the withdrawal.

    I have an upcoming article that is going to address these bucket shop tactics. This is ridiculous.
     
  6. Vanessa.P

    Vanessa.P Private

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    hello everyone, sorry for the absence but I have not been well and in the last few days I have had problems accessing the site, as regards the logs as already expressed several times those of the broker's internal servers would be needed but the latter not me has never given up despite dozens of requests,
     
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  7. 4evermaat

    4evermaat Master Sergeant

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    Also, the withdrawal requests from a previous screenshot were paid timely.

    The only outstanding problem is the manipulation of the trading server against the client. The question of whether IC Markets intentionally targeted certain clients and failed to provide best execution practices for them. Specifically, they intentionally disconnected the datafeed, delayed execution, asymmetric slippage, or any combination of these in order to prevent client from profiting.

    Although the broker may not provide their trading journals for your account (and possibly incriminate themselves), you can still gather your own trading journal logs.

    fpa mt4 journal open log folder right click menu. fpa mt4 journal logs windows explorer.

    Most brokers that play dirty tricks on their clients assume that the client is not informed enough (the trader will not notice or be able to do anything about it). 80-90% odds are retail traders lose, so the broker bet with these odds they place the client on the b-book. Sometimes the losers become winners....and that can be a problem.

    So you must have self-diligence in gathering intelligence on your broker. Recording your terminal screen with all the relevant data clearly showing. Having other tools that gather execution and regulatory intelligence yourself can prepare you in case the broker does something out of the ordinary.

    "True" a-book broker would not have the problem to provide FIX trading reports for each and every trade in question. It is standard post trade reporting and is automated; there is nothing exotic about a trade report. This guide will help you to tell the difference: https://www.forexpeacearmy.com/comm...ime-of-prime-the-keys-to-understanding.59542/

    And for clarity, here is a sample report trade report from an actual PoP.

    trade receipt example.

    All IC Markets has to do to shut this whole conversation down from the beginning is provide the trading server logs for this account showing round-trip execution times, and all other related server events during that time.
     
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  8. GhostA

    GhostA Recruit

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    I see IC markets as scam shop. Maybe you should file legal action
     
  9. streamyx88

    streamyx88 Recruit

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    i recently opened a new account with IC market and this is causing some concerns for me already.......
     
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  10. 4evermaat

    4evermaat Master Sergeant

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    @streamyx88 How much do you intend to fund your account with?
     

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