Malicious deduction of profits, XM.com black platform does not allow profits?
2023-11-03 16:16:51
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FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is necessary to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience.

Recently, some investors have complained about XM.com's malicious deduction of profits through the FxGecko app, and are black platforms not allowed to make profits?

Complainant Disclosure The platform maliciously deducted profits. I registered an XM account on October 23, deposited $8888, and opened a 10 hand gold order. After earning $10520, I closed the order. After 4 minutes, the platform directly deducted my profits. The profit in my account inexplicably disappeared, with only the remaining principal. After realizing it was a black platform, I immediately withdrew the principal. Now I want to file a complaint against this black platform and maliciously deducted profits I have never encountered this situation on any other platform before. A platform that does not allow customers to profit. What platform do you open? Only losses are allowed, and if profits are made, they will be deducted. The customer service on the website of the consulting platform stated in the email that there is an explanation. After logging into the email, I found that the platform said that my order has arbitrage interest, so profits will be deducted. I opened an order and closed the position after making a profit. Where is there arbitrage behavior? Does the platform always act recklessly by deducting customers' profits with just one arbitrage statement? If you want to deduct it, you can deduct it. The customer service on the platform also couldn't explain it clearly. There was a question about sending a customer an email to notify you and then sending them away. They asked several times and all replied the same. A 'Black your money, black your money, no need to explain so much' attitude

Introduction to XM.com official website:

Since its establishment in 2009, XM Group has had over 2500000 clients and has grown into a large-scale and well-established international investment company, becoming a true industry leader.

XM is headquartered in London, UK and has over 450 professionals with years of experience in the financial industry.

In addition to professional knowledge, we also provide customer support in over 30 languages worldwide. No matter where you are or how much you know about foreign exchange, XM is your first choice. We have a professional team and resources to help you achieve your investment goals, which only outstanding brokers can achieve.

XM.com displays abnormal business operations on the FxGecko app. The regulatory status of the Australian ASIC and Cyprus CySEC that it claims to hold is under regulation; The regulatory status of Belize IFSC and Seychelles FSA is offshore regulation.

FxGecko Risk Reminder: XM.com foreign exchange platform has 32 self risks, 7 related risks, and 124 monitoring and warning. Pay attention to early warning!

XM.com, FxGecko APP has a score of 8.0. Although the score is high, investors are advised to choose cautiously because a high score on FxGecko does not mean the platform is fine!!!!

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