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Exposure(235)

Exposure
Due to a system anomaly, the account was instantly wiped out, and the platform refuses to refund the abnormal losses.
While conducting normal trading on the GMI platform (server: GMI-Live07), I encountered abnormal market conditions on November 28, 2025: • Execution prices deviated significantly from actual market levels • Extreme, non-executable quotes appeared • Long positions were instantly liquidated at abnormal prices • Total loss: -282,416.72 USC Subsequently, GMI issued an urgent notice explicitly stating: • CME technical failure caused quote anomalies • Liquidity provider experienced irregularities • Market volatility was beyond platform control Since the official acknowledgment confirms this as an abnormal market and system anomaly event, per international industry standards, such losses should be re-settled by the platform at normal executable prices, not borne by clients at abnormal prices. I repeatedly requested a review from the platform, demanding: • Provision of raw tick data for the abnormal period • Provision of execution records from liquidity providers (LPs) • Re-settlement of abnormal orders at normal market prices However, the platform refused refunds citing “global unforeseeable circumstances beyond platform control” and declined to provide trade confirmation records. Real market prices cannot gap to such extremes during normal trading hours, and the official announcement itself acknowledged this as abnormal market conditions. Therefore, the refusal to review and compensate is clearly unreasonable. I will retain all evidence and prepare to escalate to: • FSC Financial Regulatory Authority • CME Market Data Dispute • Arbitration with upstream liquidity providers (LPs)
+2
FX1184525117
Verified
2025-11-28
Exposure
GMI Markets account password was changed, resulting in the withdrawal of $1.17 million in funds. The platform refused to investigate before shutting down.
In 2018, I opened an account with GMI Markets through an agent to invest in foreign exchange. On August 5, 2020, the account balance showed USD 11,170,224.86. On August 14, I discovered I could not log in. Contacting customer service revealed my email and password had been altered by another party. I requested a reset but was told this required the broker's involvement. The broker denied making any changes and also could not access the account. I immediately demanded the platform freeze the account and investigate the perpetrator, but for months received only the response: “The investigation has been submitted. Please be patient.” During a video conference on March 9, 2021, GMI staff confirmed the account balance was zero and requested agent communication records (already submitted). Over subsequent years, despite repeated follow-ups (including multiple formal email complaints in December 2025), GMI only responded with “escalated to department, please be patient” or “cannot locate records,” providing no investigation reports, login logs, transaction records, or compensation. On December 24, 2025, the platform announced the cessation of all trading activities, followed by the complete shutdown of retail operations on December 31. To date, no substantive response has been provided. Independent investigations found no evidence of agent liability, raising suspicions that internal security breaches or operational errors caused the fund loss. Complaints have been filed with the Mauritius FSC and Ombudsperson, but with the platform's imminent closure, recovery of funds appears unlikely.
大陆
2025-12-27
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