IQTrade

It's been four days and the two withdrawals from my IQ Trade account still haven't been processed, they haven't been transferred to my bank account. It's still listed as being processed and every time I contact customer service, they insist it's still underway.

Slippage, it's terrible. I entered the fluctuating doge with a $20 fund, set the stop loss at $5 according to the platform. But when it was about to touch $5, I changed the stop loss to $7. And confirmed by the platform, strangely the candle reversed and went up. I noticed that the P/L was already profitable, but my position didn't move. I was surprised, why did the P/L move up but my position didn't? I opened a position and it was already in loss at $5. I went back to the chart and realized that it was already a loss. Okay, that's what happens when you're a scalper, always entering quickly. I changed the stop loss multiple times because the risk is high. If I want to reach the stop loss, I raise it higher. But when I entered the second time with $14 remaining, I set the stop loss at $5 according to the platform. Before the candle reached $5, I raised it again to $9. It reached the limit, so there was $5 left. But strangely, it was stopped out with 0.000 USD. It's terrible, I suggest not using this broker, seriously. I was interested in this app just because of the low spread.