“My trading account was stolen and I was banned.”-PRIMEX-Exposure-WikiFX

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“My trading account was stolen and I was banned.”

FX4148428127

Within 1 year

Unverified

Exposure

Prime X company blocked my account and prevented me from withdrawing my capital of $17,328 along with $760 in profits that were in my account. The company sent an incorrect reason for this action, and I have all the evidence documented. The entire amount of $18,088 was stolen by the company, and they are not responding to my inquiries and are completely ignoring me.

Reply from official PRIMEX

Dear Client, According to our Terms and Conditions: 11. Market Abuse 11.3 High-Frequency Trading (HFT) and Arbitrage Trading are strictly prohibited at PrimeX Capital. Engaging in either of these activities is considered toxic trading behaviour and will be rejected by our liquidity providers. Any violation may result in the termination of your trading account, with only the initial deposit eligible for refund. You submitted a request to execute 50 orders within less than 5 seconds, which qualifies as HFT under our policy. Additionally, the nature of these orders caused our GOLD price feed to be interrupted for approximately 30 minutes. As per our rules, the necessary measures have been applied to your account. You have already withdrawn your initial capital and USD 22,000 in profit. The remaining USD 18,000 has been frozen. Best regards,