I have 120000 euros in my account and I have him blocked. When I lost not say anything and took the money.
I sent the 7/10 and have not responded for what it is and what I did wrong :
Dear Customer,
WITHOUT PREJUDICE
We have undertaken a review of your file and trading record which indicates that your manner and/or method of trading is classified as “scalping”. The term “scalping” is classified as a form of Market Abuse, which is illegal, and is referred to in Clause 25.1.3 of our User Agreement. Briefly, this Clause states: “you will not enter into any transaction which falls within the definition of Market Abuse…”.
International regulatory authorities also consider such transactions as market abuse and have recently levied a number of fines. During the account opening process, you warranted you would not use the Trading Platform for this purpose. Accordingly Plus500 are entitled to take steps to close your account under Clauses 22.4 and 25.4.3 of the Customer User Agreement if you continue to be in breach of the warranty you gave. We may also exercise our right to cancel trades deemed be in breach of your warranty.
Plus500 may also exercise its right to be indemnified under Clause 28.7, which reads as follows: “You shall hold us harmless in respect of all liabilities which we suffer or incur as a direct or indirect result of a breach by you or your obligations under the Client Agreement”. As a result of this review Plus500 will be restricting the operation of your account.
Regards
Plus500UK Ltd
45 Moorfields
London EC2Y 9AE
UNTIL NOW Nothing
I have enough evidence about what I say
What can i do ?
Thank you for the your hospitality.
I sent the 7/10 and have not responded for what it is and what I did wrong :
Dear Customer,
WITHOUT PREJUDICE
We have undertaken a review of your file and trading record which indicates that your manner and/or method of trading is classified as “scalping”. The term “scalping” is classified as a form of Market Abuse, which is illegal, and is referred to in Clause 25.1.3 of our User Agreement. Briefly, this Clause states: “you will not enter into any transaction which falls within the definition of Market Abuse…”.
International regulatory authorities also consider such transactions as market abuse and have recently levied a number of fines. During the account opening process, you warranted you would not use the Trading Platform for this purpose. Accordingly Plus500 are entitled to take steps to close your account under Clauses 22.4 and 25.4.3 of the Customer User Agreement if you continue to be in breach of the warranty you gave. We may also exercise our right to cancel trades deemed be in breach of your warranty.
Plus500 may also exercise its right to be indemnified under Clause 28.7, which reads as follows: “You shall hold us harmless in respect of all liabilities which we suffer or incur as a direct or indirect result of a breach by you or your obligations under the Client Agreement”. As a result of this review Plus500 will be restricting the operation of your account.
Regards
Plus500UK Ltd
45 Moorfields
London EC2Y 9AE
UNTIL NOW Nothing
I have enough evidence about what I say
What can i do ?
Thank you for the your hospitality.