WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
Global Broker Regulation & Inquiry App
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download
Resolved
XM website maintenance failed to log in, unable to deposit funds, resulting in account liquidation
Object
XM XM
Issue

Others

Requirement

compensation

Amount

$496(USD)

Time

13day10hour

Mediation Progress
Solved after user's confirmation
Jenny77569

Sensitive information

This content involves sensitive information, so it's hidden by WikiFX

Sensitive information

This content involves sensitive information, so it's hidden by WikiFX

Reply
XM
Dear customer, first of all, thank for choosing and supporting XM. With reference to the problem with your account 61508548, we have reported it to the relevant department at the first time and made the following reply after a detailed investigation. You had a liquidation in your order with heavy positions within 10 minutes due to sharp market fluctuation after the successful login in the platform member area at 16:29, November 10, 2022. We checked that you had logged in the member before and after the liquidation, so your order was not affected by the failure of login in the member area. The warm remind by XM shows that the money deposited by UnionPay arrives within 24 hours. So it is risky to add positions urgently. We are deeply sorry for the situation and hope than you pay close attention to the change of your position, and avoid trading with heavy position. Thanks again for supporting XM and your understanding. If you have any question, please feel free to visit XM official website https://www.x1market.com/cn/, and click into the Online Customer Service in the upper right corner of the page for help, and XM provides 24 hours online customer service support from Monday to Friday. We are so happy to serve you. Have a good time.

Reply

Contact Broker
WikiFX Overseas Customer Service

Contact Broker

Verified
WikiFX Mediation Center

Verified

Start Mediation
Jenny77569
I have been trading with XM, because XM advertisements are flying all over the place, I think they are very strong. I recently logged into the customer center and found that the website is often abnormally unable to log in. I have seen a large number of customer complaints about XM in other forums, and I do not recommend trading on this platform. Because I have been trading in XM for a long time and I am too lazy to change platforms, I have always believed in them. However, what happened recently made me completely lose confidence in the XM platform. The customer service is useless, and the relevant departments are lagging behind in handling things. They don't have the style of doing things like a big company, and even a small workshop can't compare. On the evening of November 10, the U.S. and Japan plummeted. My own order was not large. I placed 0.4 lots for $496. When I was about to log in to the account and deposit money, I locked the order and then operated again. I found that the XM website could not be logged in at all, indicating that the website was under maintenance. During the process, I thought that there had never been a website maintenance before. I changed the browser and logged in repeatedly. It took a long time to log in. When I was depositing money, it was the trader who didn't take orders. (This has always been the case before, and you can enter immediately after contacting the customer service.) This time, the customer service cannot be contacted, and it always shows that it is connected. There is no trader who accepts orders when depositing with UnionPay. If you cannot deposit, you can only watch the account. Liquidation, loss of $496. On the 11th, I finally logged into the website and responded to the customer service as soon as possible. The customer service reply will ask the relevant department to check and reply to me. At the same time, let me wait patiently. There will be an email with detailed instructions. From the 11th to the 18th, I waited for a full 8 days. Every day I asked the customer service, there was only one sentence. The relevant department was verifying. I don’t know the specific reply time, and the customer service has no authority to interfere. Let me wait patiently. As of today, there is still no email, so I couldn’t help asking customer service again, and the relevant department has verified that the website is operating normally, and the deposit channel is normal. After waiting for eight days, there is no official email reply. Yes, it is conceivable that XM is so good that it does not take any customers seriously. The screenshots I sent of the website cannot be logged in, the screenshots of the members not being able to log in, and the screenshots of the deposit and no trader receiving orders are all ignored. I have repeatedly emphasized that there is no problem with their deposit. words. Here I am formally complaining, asking XM to compensate me for the $496 I lost due to their website failure that caused my account to be bankrupted.

Start Mediation

Statement:

1. The above content only represent personal view, do not represent WikiFX's position
2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations

To view more

Please download WikiFX APP

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com