Arbitrage

 

Can someone tell me if it is possible that a broker (XM) can take all your profit after just 2 trades? First trade i lost 2 i won, now they are saying after trying to withdraw you are 'arbitrage' Dont even know what that was after googling this up..

 

Are toy sure that you got the correct explanation?

 

yes for sure:

your Account was being used for ‘arbitrage’ activities. Pursuant to the terms and conditions such activities are being qualified as fraudulent.

Accordingly, we regret to inform you that in accordance with the terms and conditions, we have decided:

  • to terminate all of your trading account(s);
  • to cancel trades
Reason: