I am sharing this review to caution other retail traders about my experience with a certain broker. My trading account was permanently closed, and all profits were seized based on allegations of “arbitrage,” “price manipulation,” and “abusive trading practices.” These claims were made without any concrete evidence. The broker asserts that my trading exploited “market inefficiencies” and generated “risk-free profits.” However, I am just a retail trader, not an institutional player. I lack the knowledge or ability to execute arbitrage strategies. I did not use bots, latency arbitrage, price feeds, or coordinated trading. I have no means to manipulate prices in CFD markets. Despite this, the broker refused to provide: trade logs, specific timestamps, execution records, price feed comparisons, or any technical proof supporting their accusations. Instead, they relied solely on vague clauses in their terms to: nullify all profits, close my account permanently, and retain total control over the outcome with no independent review. The only funds they agreed to release were my initial deposits, while 100% of profits were confiscated, regardless of their legitimacy. Another major concern is that this broker does not appear to be regulated by any significant financial authority, operating instead in offshore jurisdictions. This leaves clients without effective dispute resolution and external oversight. Key issues: lack of transparency, no evidence provided, one-sided enforcement of unclear terms, profits seized at the broker’s discretion, and no independent regulatory protection. In conclusion, this experience highlights a serious power imbalance between the broker and the trader. Any trader considering this broker should be aware that profits can be revoked at any time based solely on internal interpretation, without proof or recourse. I strongly advise traders to exercise extreme caution and consider using a properly regulated broker instead.
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