Hello traders
I have experienced the most outrageous behavior from my broker I would never have imagined!
First I was trading successful for 1 week – everything went well.
Next week I stated again and suddenly noticed that my leverage had been adapted from 500:1 to 25:1.
I got shocked but everything went well and I even made a profit.
But I contacted them and said I want my old limit again – it's to dangerous, you could get wiped out!
I struggled day after day for 1 week – no result.
I wanted to transfer the money to an other account that had 200:1.
The transfer was canceled after more than 1 day
So I told them I want withdraw the money to my account.
They finally moved and put the leverage to 100:1
So I made the mistake to try some trades
And, fully invested, without any warning, the account was "deactivated"!!!!!!!!!
I doubt that they have the right to do this
It certainly is worse than possible behaviour
But what can I do, what are my rights?
If your wondering who it is: CaesarTrade
I would appreciate your opinion