FX2594067707
Severe Slippage
compensation
$636(USD)
59day5hour
FX2594067707Resolved
This content involves sensitive information, so it's hidden by WikiFX
WikiFX Overseas Customer ServiceContact Broker
Contact Broker
WikiFX Mediation CenterVerified
Verified
FX2594067707Start Mediation
Start Mediation
At 8:30 pm on May 10, 2024, I placed an order to short USDCAD on the FOREX.com trading platform at 1.36750, but the actual transaction price was 1.36473, with a slippage of more than 27pips, far beyond the normal range, which seriously affected my trading results. After reporting to the customer service, they shirked responsibility on the grounds of market factors, which is neither reasonable nor in line with industry standards. According to industry practice, slippage should be within a reasonable range, and the huge slippage of this transaction obviously violated this principle. In order to safeguard my legitimate rights and interests, I asked FOREX.com to compensate for this transaction. If I cannot get a satisfactory result, I will complain to the regulatory authorities and take legal action. The following are screenshots of the relevant transactions: the order price is 1.36750, the transaction price is 1.36473, the slippage is 27.7 pips, resulting in a loss of $277 per lot!
Statement:
2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations