Abstract：Has PM Group 365 breached the trading agreement with you? Have you had to face withdrawal denials for a long time with the Cyprus-based forex broker? Did you witness a margin call from the broker with just one bad trade after a good one earlier? Do you get a feeling that the less said about PM Group 365 customer support service, the better? You are not alone! Many traders have opposed the broker for its illegitimate trading activities. In this PM Group 365 review article, we have discussed these complaints in greater detail. Take a look!
Has PM Group 365 breached the trading agreement with you? Have you had to face withdrawal denials for a long time with the Cyprus-based forex broker? Did you witness a margin call from the broker with just one bad trade after a good one earlier? Do you get a feeling that the less said about PM Group 365 customer support service, the better? You are not alone! Many traders have opposed the broker for its illegitimate trading activities. In this PM Group 365 review article, we have discussed these complaints in greater detail. Take a look!
Top Forex Trading Complaints Against PM Group 365
The Trading Agreement Breach Allegation
A trader, sometime ago, reported a trading agreement breach by PM Group 365. The situation remained this way for two months before the trader opened up and labeled the broker as a fraud. To know more about the complaint.
The Withdrawal Denial Complaint Against PM Group 365
A trader reported having traded with the broker for nearly four months before signing off with it. It all resulted from the PM Group 365 withdrawal request, which the broker denied. Despite contacting the customer support official, the situation remained the same. Consequently, the trader expressed unhappiness by sharing this negative PM Group 365 review.
The Fund Scam Allegation
While screening complaints against PM Group 365, the WikiFX team also came across a fund scam allegation. The trader reported having lost all his capital when trading on the platform. Affected by the worst trading experience, the trader penned down this review of the broker. Take a look!
The Margin Call and the Loan Trap
In an explosive complaint, a trader explained how one bad trade on the PM Group 365 platform led to complete chaos. It started well with a good trade that accumulated his capital base to $205000. However, the trader narrated how the broker kept asking for more capital. Suddenly, one trade went bad, and the margin call was initiated. To prevent the trading account balance from hitting ZERO, the trader was advised to take a $40000 loan from the broker. The trader accepted the loan deal; however, his trading account got frozen. The broker officials told the trader to pay off the loan before he could be allowed to trade. Surprised by this move, the trader went online to describe this unfortunate trading circumstance.
Numerous Poor PM Group 365 Customer Support Service Complaints
Several traders have voiced their concerns over the poor and slow customer support service. The service officials either fail to respond to trading queries, whether they are regarding withdrawals or technical issues. Here are multiple screenshots depicting inefficient customer support to traders.
PM Group 365 Review: Exploring the Brokers Score & Regulatory Status
The complaints, especially the margin call and the subsequent loan trap, made the WikiFX team investigate PM Group 365 thoroughly on different aspects, including regulatory status. The Cyprus-based forex broker was found to be without a valid regulatory license in our investigation. Consequently, the team gave it a score of 1.40 out of 10.
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