These brokers who claim to be reputable are actually scamming traders in the name of deposit bonuses. When you deposit, they only show one condition—that you cannot withdraw the bonus, it is valid for 60 days, and it increases your trading capacity.
My balance was zero, but my equity was 55 euros. If my equity was still there, how could they stop out all my positions? And what is the use of that bonus? When I asked them, they introduced a new condition saying that when the balance becomes zero, the bonus is automatically removed.
I don’t understand—if they are going to do this at low balance anyway, then why give a bonus and mislead people?
I request everyone not to use such brokers who commit this kind of fraud.
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IC Markets Global is one of the world's largest online Forex (FX) trading brokers, offering spreads from 0.0 pips to traders globally. With the fastest trade execution and unmatched liquidity, IC Markets Global is the number one choice for active Forex traders. IC Markets Global offers online Forex trading through multiple platforms, including MetaTrader 4, cTrader, Webtrader, and apps for iPhone and Andriod. Gain an edge today - trade with IC Markets Global. **The overall reviews and ratings relate to the IC Markets Global brand.**See more