unfair treatment in FXVC www.fxvc.eu

By Anonymous, from Germany, March 13, 2021 at 01:51 PM

As a beginner, I received inadequate risk education, and within a month I suffered a very high loss due to trades that were forced under pressure without taking into account my financial volume, which was far too small for this. I was forced to borrow money because the margin was exceeded through incorrect advice. In order to avoid a threatened total loss, I made additional payments with borrowed money. But the losses in the trades got bigger and bigger. If the margin was exceeded, the still open trades in the negative area were closed by FXVC and I suffered an almost total loss of equity. Should I contact CySEC?

Answer: Hi Anonymous,

FXVC is a trading name of Finteractive Ltd (ex Centralspot Trading Ltd). Authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No.238/14.

Since the broker is regulated we would definitely advice to report about any issues, as it has been really close to have its license suspended in 2019.

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