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  • Post #1,701
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  • Sep 14, 2020 7:05am Sep 14, 2020 7:05am
  •  fuadik88
  • | Joined Aug 2020 | Status: Member | 145 Posts
Quoting Lebo47
Disliked
Xm, I Would like to know why my trading account are blocked
Ignored
probably, you earned some bucks of money and they have blocked your account because you did "arbitrage" with 9999999 accounts.
This is quite common situation you can't earn money with them! Stick to Terms&Conditions!
  • Post #1,702
  • Quote
  • Sep 14, 2020 9:21am Sep 14, 2020 9:21am
  •  Lebo47
  • | Joined Sep 2020 | Status: Junior Member | 2 Posts
Quoting fuadik88
Disliked
{quote} probably, you earned some bucks of money and they have blocked your account because you did "arbitrage" with 9999999 accounts. This is quite common situation you can't earn money with them! Stick to Terms&Conditions!
Ignored
Which accounts you referring to??
  • Post #1,703
  • Quote
  • Sep 15, 2020 10:33am Sep 15, 2020 10:33am
  •  fuadik88
  • | Joined Aug 2020 | Status: Member | 145 Posts
Quoting Lebo47
Disliked
{quote} Which accounts you referring to??
Ignored
Which is you don't actually have
  • Post #1,704
  • Quote
  • Jan 20, 2021 7:19am Jan 20, 2021 7:19am
  •  abcboeken
  • | Joined Jan 2014 | Status: Member | 6 Posts
When you are profitable and you ask for withdraw emediatly they terminate their corporation without any excuse. That was second time they did to me.
So i received first that mail:
"Dear Sir,

We are writing in connection with your accounts with XM.

As per the relevant section of our Terms and Conditions of Business, please consider this email as our official notice for the termination of our business relationship.

In view of the above, you are kindly requested to close any open positions you have in your trading accounts by Wednesday 30/09/2020, 8:00 AM GMT+ 3 at the latest. Any positions in your Account(s) that are still open at that time will be liquidated automatically at prevailing market prices and your account(s) will be closed.

In this respect, please submit a withdrawal of remaining balance from your Members Area.

Kind Regards, "

I reply to them :
On Wed, Sep 30, 2020 at 5:09 PM wrote:

Dear sir/Madam

I just read the mail you send me for termination of our business relationship!
Really im wondering why you make this decision?
Since we have a long term corporations without any problems, why we must terminate our business relationship?


Regards "
and they reply to me again :
Dear Valued Client,

Please consider this as a final reminder to the last email.

As per the relevant section of our Terms and Conditions of Business, please consider this email as our official notice for the termination of our business relationship.

In view of the above, you are kindly requested to close any open positions you have in your trading accounts by Monday 05/10/2020, 8:00 AM GMT+ 3 at the latest. Any positions in your Account(s) that are still open at that time will be liquidated automatically at prevailing market prices and your account(s) will be closed.

In this respect, please submit a withdrawal of remaining balance from your Members Area.

Kind Regards,


XM Team"

Second mail after my reply:

Dear Sir,

Kindly note that your account will close for compliance reasons, our decision is final and no further correspondence will be entered into.

Further to previous correspondence, please close the open positions and submit a withdrawal request of the remaining balance.

Kind Regards,


XM Team"

As i said before that was second time that they terminate our corporations and both of times it was when i withdraw a big amount of profits and when in general i was profitable.
  • Post #1,705
  • Quote
  • Apr 5, 2021 12:42pm Apr 5, 2021 12:42pm
  •  omaramir
  • | Joined Dec 2018 | Status: Member | 206 Posts
Dear XM representative

you have very bad reputation , too many complains about you , you will loose too many customers.
you need to reslove issues related to memebers of arabictrader forum
this is one example of complains against you

https://forum.arabictrader.com/t256827.html
  • Post #1,706
  • Quote
  • Apr 6, 2021 1:27am Apr 6, 2021 1:27am
  •  thevisitor
  • Joined Sep 2019 | Status: Member | 1,012 Posts
Don't get it... who the f... is still trading with this scam- broker??
In 2021 trading in Germany will be dead..
2
  • Post #1,707
  • Quote
  • Last Post: Apr 15, 2021 9:42pm Apr 15, 2021 9:42pm
  •  Mudawil
  • | New Member | Status: Junior Member | 1 Post
This thread has sent me in awe!

I've opened an account on XM and XTB a couple of days ago, so that I can evaluate both of them using $1k, and I'm only interested in writing my own Trading Bot, but I'm super confused now.

I don't see any replies from the official representative for almost 10 months, and people's complaints are piling up, and I would like to know if I should proceed with my evaluation or just let it pass and ask them to close my account.

Any advice is appreciated here.
Thanks.
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