WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App
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
The price did not reach the position I set, and the order was sold inexplicably
Object
XM XM
Issue

Severe Slippage

Requirement

compensation

Amount

$2,275(USD)

Time

9day3hour

Mediation Progress
Solved after user's confirmation
CUIKAI
Reply
XM
Dear customer, first of all, we extend our gratitude to you for choosing and supporting us. With respect to the complaint about your order #140433354 in XM MT4/MT5 account 6140402, we have reported it to the relevant department immediately for further investigation, and make the following reply: you placed a Buy Stop order with 5 standard lots of GOLD at a low price. Buy Stop order means that price is estimated to increase from low to high and the order will be traded when the price you set is triggered. The way to place an order indicates opening a position at a buying price. However, the K line chart shows the selling price, which plus real-time spread is equal to the position opening price (buying price) of your order. You opened a position at 15:30, August 15, 2023 (platform time) at a price different from the price you set. XM is an A-Book platform where all the clients' orders are traded at market price; after checking, we know that when you executed your order, much economic data was being released, which led to sharp oscillation in market. And market price doesn't change pip by pip. So the system will give an order to close the position as your stop loss price is triggered. At the same time, the rapid increase or decrease in market price will bring the discrepancy between real price at which you execute the order and the price you request. The related department find that your order was executed at market price at that time, please understand it. You can click the link to check the economic calendar freely, https://www.xmglobalbroker.com/cn/research/economicCalendar. Finally, thank you again for your understanding and support.

Reply

Contact Broker
WikiFX Overseas Customer Service

Contact Broker

Verified
WikiFX Mediation Center

Verified

Start Mediation
CUIKAI
At 20:29:30 on the evening of August 15th, Beijing time, I placed 5 hands of BUY STOP at 1905 gold. When the data came out at 20:30, the K-line of gold at that time did not reach the 1905 point at all. But my order was filled at 1902.69. Then the price of gold went all the way down to 1898.14 and I was forced to stop loss, resulting in a loss of $2275. I ask XM to compensate me for my loss.

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
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
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:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com