This is also a fraud platofrm that does not withdraw. Has anyone used this?
All shills. They all tell you that you can withdraw, but you cannot do it. Only can deposit.
I just had a problem with deposit funds and tried to get help from them, but instead of resolving my issue, my entire balance was deducted from my account on the basis that I did not deposit. However, my problem is that I can not deposit in the first place because I am getting an error.
I start trading with XM less than month ago i deposit 200$ in micro account #49077605 ,i opened 50 Lot micro ( i create this account for Risk) so they suddenly closed my trade intentionally on loss of 67$ and they send me email your account put in hold ,and they send another email that you cant withdraw your balance deposit and asking me the below.
i think this broker is not the real xm broker. i was scammed about 3k dollars.
Withdraw 6000 baht over 24 hours, no email notification. Withdrawal and deposit history has been deleted, but there is still a withdrawal history in MT4.
I wanted invest a little money originally. But they advertised themselves. After I invested all my money. I was told to upgrade to VIP. While I need to deposit more to get my principal. I just an ordinary people, how can I always get so much money. I hope no more people can be cheated
I was stolen 900USD from me by a fake broker. He pretended to be the trading manager of XM, but asked me to give him the money directly, and he would take care of everything for me. I believed him because I thought XM was a regulated dealer, but he took me to trade after he got the money, and all my money was lost. At this time I found out that his XM was fake.
Can't withdraw funds without adding money. If I exceed the time, I will be fined
A so-called XM consultant contacted me and told me the high benefits of working with him and the company. I agree to send him $100 through PayPal for testing. One day later, he never responded. He is a scammer.
i met a guy in internet ,he say he earn alot in XM and then he show me his bank transaction to prove the platform is secure, so i trust him and deposit some money to start invest , but when i want to withdraw the problem occur and i cannot withdraw my capital or profit, i found the guy to ask why but he already change his name and block me!
I start trading with XM less than month ago i deposit 200$ in micro account #49077605 ,i opened 50 Lot micro ( i create this account for Risk) so they suddenly closed my trade intentionally on loss of 67$ and they send me email your account put in hold ,and they send another email that you cant withdraw your balance deposit and asking me the below. Please confirm and explain the trading strategy that you employed when trading (i.e. the rationale behind your decisions to trade and take.
Do not allow to withdraw. Keep depositing. Shirk by various reason. No withdrawal
A facebook friend recommends a fraud platform that faking a high rating broker when I search by name. I hope to arrest them. It is ok to lose money, but I cannot accept that I treat them as friend, but they treat me like monkey.
I got in touch with a person from his company on Messenger, they told me that he will pay 30 dollars so that they give me 50 dollars, I paid them, then he gave me the number of the company that they were going to contact me there and that he would speak, as soon I wrote to the WhatsApp number it blocked me on Messenger and WhatsApp never responded
Medifinance Limited are scammers who pose as the name of an existing company they cloned. Having invested 17,000 euros, I could not withdraw anything in February 2023. When withdrawing money, they told me to open and close many foreign exchange transactions to supposedly transfer money from pounds to euros. During this procedure, they changed one of the transactions and accused me of a mistake, which should have been corrected by sending them an additional 6,000 pounds. I demanded the withdrawal of my money, but they kept blaming me for this mistake and calling me an ever smaller amount than I owed them for the withdrawal of money. The last time was 2 weeks ago when they sent me an email in which I was "advised" to open a crypto wallet for the subsequent withdrawal of money. I reported them to the Spanish police, where I currently live, and asked them to return the money to the bank (since I transferred them money to various European bank accounts). So far there are no results and their platform continues to act and deceive other people which is very unfortunate. I am attaching a photo of their first request for 120 euros, the account number to which the money had to be sent to start trading with them, and the last letter with the details of the crypto wallet. I can also provide a statement to the police and details of the accounts to which the money was transferred.
General Information & Regulation
XMTrading is an overseas Forex trader that provides services with maximum leverage of 888 times. XM Trading, one of the XM Group, is an NDD-type Forex broker operated by Tradexfin Limited in Schechel. XMTrading is not subject to any regulation.
Markets Instruments
XMTrading advertises that it can offer a wide range of financial products, including currency pairs, indices, commodities, as well as precious metals.
Minimum Deposit
The entry level at XMTrading is set at $5. We consider this to be fine. However, traders are still not advised to register real trading accounts here given the fact that FXMC is an unregulated broker.
Leverage
The maximum leverage at XMTrading is 1:888, which is considered high. High leverage can lead to massive losses, especially if you have little experience in the market.
Spreads & Commissions
XMTrading offers the average spread on the EURUSD is 1.7 pips. These levels is not that competitive in todays environment.
Trading Platform Available
When it comes to trading platform available, what XMTrading offers is not the widely used and industry recognized MT4 OR MT5 trading platform. And, XMTrading does not make this part clear.
Deposit& Withdrawal
The payment options at XMTrading cover a lot of ground. They feature Credit Cards, Skrill, Nereller, China Union Pay and CashU. At this point only the cryptocurrency purists are not accepted.
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