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LOST $14 k for 0.01 USDCHF LOT SIZE .Please help !

Vn
vinabao
Jan 15 2015 at 22:36
104 mensajes
Hello ,
I have account with ic market .
about 15 hours ago I had one small open trade 0.01 buy USDCHF .
My account was wipeout completely with -$14552.54 on 0.01 buy USDCHF position .

here is history trade : USUCHF BUY 0.01 -- lost - $14,552.54
open price 1.00211 closed 0.06460

can some one explain to me :

- is it possible to lose more than $1000 when you open 0.01 lot size ?
- if I open 0.01 lot size I would lose $10 every 100 pips ( 1% ) .
if I lost $14 k for 0.01 lot size , how many pips I lost ? 140,000 pips ?? ( 140 thousand pips )
is it from open price 1.00211 closed 0.06460 is 140 k pips ?
I am confusing .
- if look at the history (open price 1.00211 closed 0.06460 )
how much money I should lose accord to those open and closed price of the pair .
…..
I hope IC market will refund my money . This is big scam need to be investigated .
Thank you .

bestdarngood
Jan 16 2015 at 00:21
174 mensajes
You have an image of the trade? Or can you set up a system on here to show the trade? Very interesting indeed if this is true. You can contact your broker but unfortunately you might have lost it all. That is the risk with Forex, you can lose everything very easily. I don't know how you closed at 0.06460 as I don't see the price ever dropping that far on my charts. One time I had a similar situation where there was a major dip but it was actually my brokers fault where for some reason their price took a major drop and closed my position for a big loss, but the pair never actually took that dip. I got my money refunded since it was an issue with their software or something. Hopefully you get some better luck with this. Fight Fight Fight

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Vn
vinabao
Jan 16 2015 at 01:23
104 mensajes
bestdarngood posted:
You have an image of the trade? Or can you set up a system on here to show the trade? Very interesting indeed if this is true. You can contact your broker but unfortunately you might have lost it all. That is the risk with Forex, you can lose everything very easily. I don't know how you closed at 0.06460 as I don't see the price ever dropping that far on my charts. One time I had a similar situation where there was a major dip but it was actually my brokers fault where for some reason their price took a major drop and closed my position for a big loss, but the pair never actually took that dip. I got my money refunded since it was an issue with their software or something. Hopefully you get some better luck with this. Fight Fight Fight


I will let every body know how ICmarket handle this .

This is scary broker if they don't take care this right away .

DrVodka
Jan 16 2015 at 01:47
297 mensajes
please keep us posted . im very interesting at whats happened there

Vn
vinabao
Jan 16 2015 at 02:26
104 mensajes
It is crazy .
can you imagine You have $100 k account with ic market .You just open 0.05 lot size ( just 5% of your equity ) .
one morning you get up and your account gone ???
This must be scam to take money from people for free .
The whole world is watching how IC market handle this .

chiecghethunam (chiecghethunam)
Jan 16 2015 at 02:49
60 mensajes
damn, after reading this thread, I feel bad for winning that much yesterday 😂




Adjuntos


chiecghethunam (chiecghethunam)
Jan 16 2015 at 03:43
60 mensajes
but there is surely a problem here since the lowest of USDCHF I see on all my MT4's is only around 0.8. So you must have lost 1.4k at the most.

Vn
vinabao
Jan 16 2015 at 03:54
104 mensajes
chiecghethunam posted:
but there is surely a problem here since the lowest of USDCHF I see on all my MT4's is only around 0.8. So you must have lost 1.4k at the most.


Here is crazy chart from icmarket .

aeronthomas (aeronthomas)
Jan 16 2015 at 04:02
1557 mensajes
I was just looking at my charts also as I have accounts with Global Prime and IC Markets. I can't believe the IC Markets price on the chart of 0.06571, surely they won't be expecting clients to cop those losses (contact them and see what the will revise the price to) compare it to the lowest price Global Prime reached in the chart. I will be watching to see how you are treated also VN, keep us upto date.

Adjuntos


bestdarngood
Jan 16 2015 at 05:52
174 mensajes
Oanda is apparently refunding all losses occurred when trades were not able to go through according to this article. Perhaps other brokers will do the same...

https://www.zerohedge.com/news/2015-01-15/2-fx-brokers-suffer-significant-losses-after-snb-surprise-breach-regulatory-capital-

You are not alone with issues today, forex is just legalized gambling where you could lose it all very easily. All money put in should be considered lost any time you put it in a trade because there are just too many unknowns sometimes. Nothing is guaranteed.

See my profile or message me for my latest EA
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