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Resolved
The black platform AUS Global maliciously deducted 26,000 US dollars of funds from the account.
Object
AUS GLOBAL AUS GLOBAL
Issue

Unable to Withdraw

Requirement

compensation

Amount

$26,338(USD)

Time

57day21hour

Mediation Progress
Resolved
YUHONGJUN
Reply
AUS GLOBAL
According the risk control department, the customer was involved in illegal price manipulation via his trading account. The large positions he held took a heavy toll on orders' smooth entry into the market. As for the customer like this, we have frozen the related trading account, while terminating our cooperation. The principal has been refunded without any deduction. So far, the withdrawal has been processed completely.

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YUHONGJUN
On July 5, the double bottom of the HK50 Hang Seng Index formed a fake breakthrough, and then broke through the neckline (the red horizontal line in the picture). According to the morphological trading theory, I predict that the HK50 will have a downward trend. So I tried to short HK50 in the European market, confirmed the signal in the US market, and after the account was a little floating, I further increased my position. Some increase intervals are 3 hours, some are 4 hours, and some are 5 hours. There are only 10 contracts in each lot of Hang Seng Index of AUSFOREX, which is a small lot. I only opened 50 lots with a capital of 60,000 US dollars, and the prepayment ratio was about 500%. The profit plummeted the next day, which was not considered a heavy position at all. It was completely manual trading, and the position was held for 18 hours. There was no violation at all!!! Profit After that, AUSFOREX wiped out all the profits on the grounds of heavy positions. I have never seen such a black platform!!! Asking AUS Global to return the maliciously deducted funds of 26,000 US dollars! !

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