pilotmaterial
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This broker have a policy of closing all open trades in ones account when the A/C goes into a Margin Call. I dont think this is fair as other brokers simply close the offending trades one at a time until the margin comes back into regular levels.
With the current situation in the FX market and huge volatility in an already very volatile market this works well into their favor closing trades and taking customer's money that should never have been closed in the first place.
This has caused many people including my self and another friend's account to lose a lot of money and my friend losing everything!
Anyone else ever had similar problems please feel free to comment on this
With the current situation in the FX market and huge volatility in an already very volatile market this works well into their favor closing trades and taking customer's money that should never have been closed in the first place.
This has caused many people including my self and another friend's account to lose a lot of money and my friend losing everything!
Anyone else ever had similar problems please feel free to comment on this