2024-01-23 14:52
China
No withdrawals for normal profits
[Mediating Parties]
Ultima Ultima
[Issue]

Unable to Withdraw

[Requirement]

Withdrawal

[Settlement Amount]

¥47,532(CNY)

[Time]

8 day 23 hour

2024-02-01 14:49
Hong Kong China Hong Kong China

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

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

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

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

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

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

2024-01-26 17:08
United Kingdom

Reply

He got involved in hedging against the data, which is basically disallowed by all platforms. We have warned him many times, but he still continued to do so. Basically, we lowered his leverage to 400, while he raised it to 2000. We rejected his withdrawal as he kept engaging in hedging, ignoring our warning. So the withdrawal was not allowed. We have refunded all his principal. But we don't have a resolution concerning the profits he made. We agreed to return 1/5 of the money to him, but he did not accept it. Currently we haven't reach an agreement.

2024-01-23 18:48
Hong Kong China Hong Kong China

Contact Broker

2024-01-23 15:53
Hong Kong China Hong Kong China

Verified

2024-01-23 14:52
Hong Kong China Hong Kong China

Start Mediation

1. Real-name exposure! My name: Zhang Chen, MT4 account: 820711. The black platform UItima Markets is exposed, profits are deducted, and customers are responsible for it themselves! (We have been negotiating for more than a week with no results) Specific situation: I just bet on the data market. Before the transaction, I checked with the platform business manager whether they would accept it. They said there was no problem! In the end, profit was directly deducted! The reason is: too much profit is made with high leverage! Isn't it possible that such an excuse will not be given even if you make money! The essence of forex margin is to use high leverage to make big gains with small amounts! Isn't this an excuse for nonsense? 4. Later, it was said that 300 lots of transactions are required to make a profit. It is obvious that the customer is allowed to keep placing orders until the position is liquidated! 5. A friend used to trade on their platform and also bet on the market, but ended up losing money! It is a well-proven black platform. If you lose money, they have nothing to say. If you make a profit, your profit will be deducted! ! ! It can only be exposed to prevent more people from being scammed. 6. They have always emphasized that they are a subsidiary of Wanzhi Platform.

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