John Smith

Review of ETX Capital

I have made a complaint against ETX (trading under...

I have made a complaint against ETX (trading under Monecor Ltd.) with the FCA and other relevant legal/investigative bodies, as by pure chance I caught their platform prices being approx. 20 points off the actual real time prices showing for Wall Street 100/Dax 30 indexes. This was on at least two occasions and on a third occasion it was again different but by approx 5-6 points and on other occasions I noticed by just 1.5 1-3 points but it s the 20 point difference which shook me. It took them approx. 30mins to 1hour to bring the prices back in line after I notified them so saw it all happening, not sure why but maybe because they did it gradually. As a result of this, I was often stuck in loss making positions when instead I should have been able to either sell my positions at a small profit or break even where I had misjudged the cycle, which I would have wanted to do which by then they no doubt knew. I have requested a recording of their platform since I started trading so I can review all the prices and movements with my records and against a recording of live real time prices of those indexes as I can t imagine this only occurred on the 2-3 times that I by sheer coincidence and chance spotted it whilst setting up another platform on another monitor screen and to my surprise and horror noticed it. I then came to the impression their platform can obviously be manipulated/changed/interfered manually with which I believe is not permitted to happen even the once let alone physically, and I am waiting for an investigation and outcome to my complaint at some point. This companies are illegal in the USA so why are they legal here. If you make a complaint against them everyone n the process is of the same group and support one another, so it all seems like one big massive scam.