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Resolved
Random quotation
Object
IEXS
Issue
Others
Requirement
compensation
Amount
$5,771(USD)
Time
33day23hour

Mediation Progress
Hong Kong2024-02-25
Resolved
wate
United Kingdom2024-01-26
Reply
IEXS
After investigation, it was found that there were no abnormal conditions detected for account 5016506, order numbers #12242809 and #12243043 during the position establishment. When processing the order execution instructions, the trading clearing system may experience price fluctuations, which can result in execution at prices higher or lower than expected. This situation occurs frequently, and it is more likely to happen with larger positions. Both orders #12242809 and #12243043 were single transactions of 6 lots each, meaning the prices and trading volumes of the buy and sell instructions must align with the market prices and volumes at the time of execution. When there is an imbalance between the prices and trading volumes of buyers and sellers, the prices need to be adjusted and re-matched, and the trading orders must be adjusted to the next best executable price. Sometimes, due to market volatility or variations in trading volume, it may become difficult to execute instructions or result in significant deviations from the requested price. We sincerely recommend avoiding initiating large position trades during periods of high market volatility or thin market conditions. If necessary due to strategy requirements, we suggest spreading your positions to minimize discrepancies between the execution price and the requested price caused by market depth.
Reply
Hong Kong2024-01-23
Contact Broker
WikiFX Overseas Customer Service
WikiFX Overseas Customer ServiceContact Broker
Hong Kong2024-01-23
Verified
WikiFX Mediation Center
WikiFX Mediation CenterVerified
Hong Kong2024-01-22
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wate



I have been trading on this platform for a while. Then there was a problem with the transaction on the night of Jan.11. When I placed the order, there was no quotation. And the price was directly raised by 2 US dollars for me. The price caused me to lose money and almost liquidate my position. Then I contacted the account manager, but I never got a reply. It has been a week. Please don't use this platform in the future. The service attitude is not good. Please deal with it. No one cares about it.




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2. Unauthorized reprints of cases in this platform are prohibited. Offenders will be pursued their legal obligations
