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ICM trading: Is this a type of scam ??
I have been trading with icm trading for the past week. I made something like 8000+ dollars of profit with their forex options (modified long straddles) and around 1000+ dollars trading forex.
My initial deposit was just 500$.
However, now they are not allowing me a withdrawal of my profits. They first said that I have increased my equity at a very high rate. So they need to check my account for trading off the market rates. The next day they tell me that my account is not supposed to trade more than 50 lots so those trades above 50 lots will be cancelled and the equity will be readjusted.
They didnt adjust the equity on that day.
The next day I was told that I have traded with profits of 1-2 pips which is also not allowed on the wintrader platform so my equity needs adjustment even for that which will be done by the technical team today. .
They havent adjusted my equity or processed my withdrawals at all.
Have i been scammed by them ? what I can do to get back my money ?
over 2 years ago
Best Answer - Chosen by Voters
I haven't tried this broker out for myself but check out other traders' discussion in the link I posted below:
over 2 years ago
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Answers (1)
Try to report your case. Kindly click on the link below for their contact information. Thanks!
over 2 years ago
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