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Resolved
The measured trading environment is quite different from other Australian platforms, which induces customers to trade heavily and makes customers lose their money
Object
XM XM
Issue

Others

Requirement

compensation

Amount

$1,187(USD)

Time

45day20hour

Mediation Progress
Resolved
LAXIAO
Reply
XM
Dear customer, first of all, thank you for choosing and supporting XM. XM has never seduced users into trading big positions, not even interfering in their trading. If you have any questions, please feel free to go to 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, and we are so pleased to serve you. Have a good time.

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LAXIAO
i have been in the XM deposit, mt5 account number 80814587, deposit leverage is 1000 times, this is not a leverage that ordinary investors can control, coupled with the low liquidation ratio set by the platform, it is only 20%, once the anti-order to liquidation, then it will be losing all their money, the proportion of the australian platform is normally 50% or 100%. such a mechanism is extremely unfriendly to ordinary retail investors. after all, the market is a negative sum effect, and most people are losing money. they also need to give market participants a spread profit. XM the point difference is also higher than other platforms. taking gold as an example, it is basically 0.1-0.2 dollars higher. various setting operations, XM it uses high leverage to attract speculative retail investors to enter their platform for trading, and then boils frogs in warm water with low liquidation ratio and high spread, so that most customers lose money, so their customer trading orders will not be thrown into the market. mt5 is open source, the platform can not be packaged to the bank to hedge in its own platform pool, so as to obtain huge profits, there is no doubt that the black platform

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