Global Broker Regulation Inquiry App
WikiFX
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download
Resolved
Forced liquidation because of slippage in Exness
Object
Exness Exness
Issue

Severe Slippage

Requirement

other

Amount

$150(USD)

Time

52day0hour

Mediation Progress
Solved after user's confirmation
SAI81106
Supplemental Materials
SAI81106
Alright. Fine.

Supplemental Materials

Reply
Exness
Server time May 12, 2021, at 12:30 GMT+0, XAUUSDm experienced intense market movement. This trend is due to the release of major economic news. The monthly rate of CPI was adjusted seasonally in April at 12:30 and the annual rate of CPI was not adjusted seasonally at 12:30 in April. You can refer to the mailbox terminal because an email notification has been sent to notify the main economic news release. We would like to remind you that all upcoming major news can be tracked through our economic calendar. The stop loss order activation price set at 1830.000 falls within the price gap of the XAUUSDm quote stream. According to Article 2.1 of the Exness Client Agreement, the "gap" appears in one of the following two situations: 1. The current selling price is higher than the last buying price; 2. The current buying price is lower than the last selling price. The price gap usually occurs before or during the release of important economic news, the first few hours of the beginning of the transaction or the period before the end of the transaction. The price of 1824.354 became the first market price to reach the level of the stop loss level. The difference between the order price (1830.000) and the first market price after the gap (1824.354) is 564.6 points, which exceeds the XAUUSDm gap level of 186 points. Therefore, execution is operated at the first market price of 1824.354. Please note that the execution of the first market price of the hanging point after the gap appears is also called slippage execution, which is applicable to the general rules of trading under market conditions. Slippage brings additional losses to traders in stop-loss pending orders, and it also brings additional profits to traders in take-profit pending orders.

Reply

Supplemental Materials
SAI81106
I have been trading via ex for a long time, and the slippage has passed before. You will not be asked for the normal stop loss compensation, but this time you have to compensate. I will continue to trade on your platform if you compensate. Otherwise, a feud will be started.

Supplemental Materials

Contact Broker
WikiFX Overseas Customer Service

Contact Broker

Verified
WikiFX Mediation Center

Verified

Start Mediation
SAI81106
Slippage of several dollars from the stop loss position caused the 160 US dollars principal in the account to be directly liquidated. According to the stop loss position, my principal was all there. There have been many times before, and the customer service always shirks responsibility for various reasons.

Start Mediation

Statement:

1. The above content only represent personal view, do not represent WikiFX's position
2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations

To view more

Please download WikiFX APP

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com