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Market manipulation?
Sep 02, 2023 at 14:13
(đã sửa Sep 02, 2023 at 14:14)
Tham gia từ Sep 02, 2023
1bài viết
I transfer USDT to a broker.
Broker helps with inside trade, tells when to buy and when to sell. or vice versa.
When I want to withdraw the funds, the broker says pay my 5% commission. I tell broker, to deduct from profit and transfer the balance, he refuses.
I request for security, he states all my funds are with MT5? what does he mean?
As per the Broker:
Your funds remain in the MT5 foreign exchange market.
Since you exceeded the appointment time, your total funds are now temporarily withheld by MT5.
You need to provide your ID information and your Binance withdrawal address, and I will help you submit the verification and confirm that you are the one who operates the withdrawal. Before that you need to pay for my services.
Broker helps with inside trade, tells when to buy and when to sell. or vice versa.
When I want to withdraw the funds, the broker says pay my 5% commission. I tell broker, to deduct from profit and transfer the balance, he refuses.
I request for security, he states all my funds are with MT5? what does he mean?
As per the Broker:
Your funds remain in the MT5 foreign exchange market.
Since you exceeded the appointment time, your total funds are now temporarily withheld by MT5.
You need to provide your ID information and your Binance withdrawal address, and I will help you submit the verification and confirm that you are the one who operates the withdrawal. Before that you need to pay for my services.
Tham gia từ Oct 18, 2021
93bài viết
Sep 05, 2023 at 10:55
Tham gia từ Oct 18, 2021
93bài viết
That sounds like nonsense. Yes I know brokers have fees for deposits and withdrawals. But what are the withdrawal fees in MT5? Or did I misunderstand you,dude?
Tham gia từ Aug 22, 2023
6bài viết
Tham gia từ Feb 12, 2016
53bài viết
Sep 07, 2023 at 07:20
Tham gia từ Feb 12, 2016
53bài viết
vamose posted:This is definitely a scam. That's the problem with all crypto deposits - if you see that the broker accepts only crypto you should stay away since there are no legal means to recover the funds if you sent it to some address.
I transfer USDT to a broker.
Broker helps with inside trade, tells when to buy and when to sell. or vice versa.
When I want to withdraw the funds, the broker says pay my 5% commission. I tell broker, to deduct from profit and transfer the balance, he refuses.
I request for security, he states all my funds are with MT5? what does he mean?
As per the Broker:
Your funds remain in the MT5 foreign exchange market.
Since you exceeded the appointment time, your total funds are now temporarily withheld by MT5.
You need to provide your ID information and your Binance withdrawal address, and I will help you submit the verification and confirm that you are the one who operates the withdrawal. Before that you need to pay for my services.
Tham gia từ Sep 02, 2022
56bài viết
Sep 28, 2023 at 17:19
Tham gia từ Sep 02, 2022
56bài viết
If what you say is true, it's terrible. Tell everyone about broker. Let everyone know who not to mess with. Or was your issue resolved in your favor and your money was returned?
Tham gia từ Oct 18, 2021
93bài viết
Oct 02, 2023 at 11:58
Tham gia từ Oct 18, 2021
93bài viết
Yeah. But why does he stop answering?? I suppose the conflict is over.
Tham gia từ Jan 18, 2021
17bài viết
Oct 03, 2023 at 09:09
Tham gia từ Jan 18, 2021
17bài viết
Did you meet this person on a random whatsapp chat asking you for MT4 or MT5?
Please avoid people who just keep asking 'do you have mt4/mt5?' LOL
1st of all, no forex broker will actually give trading signals (it's against regulations).
2nd, if you opened the trading account yourself with your name and contact info, you can make a withdrawal anytime
Please avoid people who just keep asking 'do you have mt4/mt5?' LOL
1st of all, no forex broker will actually give trading signals (it's against regulations).
2nd, if you opened the trading account yourself with your name and contact info, you can make a withdrawal anytime
Tham gia từ Jan 25, 2022
165bài viết
Jan 31 at 06:29
Tham gia từ Jan 25, 2022
165bài viết
This situation seems concerning. It's unusual for a broker to withhold funds and ask for additional payment for services. MT5 usually refers to MetaTrader 5, a trading platform. Exercise caution; ensure the broker's legitimacy and seek advice from financial authorities. Don't proceed without proper verification.
Tham gia từ Dec 28, 2023
28bài viết
Feb 02 at 15:56
Tham gia từ Dec 28, 2023
28bài viết
What is the name of the broker? I ask so as not to use them if fate suddenly forces me to change broker.
Tham gia từ Feb 02, 2024
23bài viết
Feb 07 at 07:06
Tham gia từ Feb 02, 2024
23bài viết
I'm sorry to hear about your experience. It sounds concerning. Be cautious of brokers demanding commissions without clear explanations. Ensure you understand all terms before proceeding.
Tham gia từ May 08, 2023
51bài viết
Mar 11 at 22:18
Tham gia từ May 08, 2023
51bài viết
We would appreciate knowing which broker that is, so that we can never try them :D.
Tham gia từ Feb 22, 2024
19bài viết
Mar 12 at 19:56
Tham gia từ Feb 22, 2024
19bài viết
A broker charging a high commission, especially without allowing you to deduct it from your profits, is unusual and may indicate unethical behavior. It's essential to carefully review the terms and conditions of your agreement with the broker to understand any fees or charges involved. MT5 refers to MetaTrader 5, a popular trading platform used by many brokers for trading forex, commodities, and other financial instruments. However, the claim that your funds are 'temporarily withheld by MT5' seems suspicious and unclear. It's unlikely that MT5 itself would withhold your funds; instead, it's more likely that your broker has control over your funds.
Tham gia từ Jan 15, 2024
28bài viết
Mar 13 at 11:47
Tham gia từ Jan 15, 2024
28bài viết
vamose posted:Whats the brokers name?
I transfer USDT to a broker.
Broker helps with inside trade, tells when to buy and when to sell. or vice versa.
When I want to withdraw the funds, the broker says pay my 5% commission. I tell broker, to deduct from profit and transfer the balance, he refuses.
I request for security, he states all my funds are with MT5? what does he mean?
As per the Broker:
Your funds remain in the MT5 foreign exchange market.
Since you exceeded the appointment time, your total funds are now temporarily withheld by MT5.
You need to provide your ID information and your Binance withdrawal address, and I will help you submit the verification and confirm that you are the one who operates the withdrawal. Before that you need to pay for my services.
Tham gia từ Feb 22, 2024
26bài viết
Mar 21 at 22:24
Tham gia từ Feb 22, 2024
26bài viết
I rely on reputable brokers with transparent pricing and regulation to minimize the risk of encountering manipulation. Additionally, I remain vigilant for suspicious price movements and unusual trading patterns, adjusting my strategies accordingly.
Tham gia từ Feb 12, 2016
53bài viết
Mar 24 at 18:35
Tham gia từ Feb 12, 2016
53bài viết
Market manipulation refers to deliberate attempts to interfere with the natural supply and demand dynamics of financial markets for the purpose of influencing prices or misleading market participants. This can include spreading false information, engaging in deceptive trading practices, or coordinating efforts to artificially inflate or deflate prices. Regulators closely monitor markets to detect and prevent manipulation, as it undermines market integrity and fairness.
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