2023-04-11 10:28
China
The overnight interest rate of short gold orders on the GMI platform is deliberately adjusted to a negative value
[Object]
GMI GMI
[Issue]

Others

[Requirement]

explain

[Amount]

$0(USD)

[Time]

86day22hour

2023-07-07 08:38
Hong Kong China Hong Kong China
2023-06-07 08:21
United Kingdom

Reply

Dear customer, please reach out to your agent.

2023-04-12 09:22
Hong Kong China Hong Kong China

Contact Broker

2023-04-12 08:22
Hong Kong China Hong Kong China

Verified

2023-04-11 10:28
Hong Kong China Hong Kong China

Start Mediation

When the U.S. dollar interest rate is above 5%, the overnight interest rate for short gold orders should be positive. However, the GMI platform went against the grain and changed the overnight interest rate for empty gold orders to a negative value. The overnight interest rate for short gold orders per standard lot was as high as -33 US dollars. When the overnight interest rate for short gold orders on all other platforms is positive, and when gold shows signs of falling, the GMI platform deliberately adjusts the overnight interest rate for gold in order to kill customers who are short arbitrage on its own platform, which is simply lawless and very likely It is a precursor to running away, everyone must be careful about the safety of funds!

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