Malicious spreads swallow all the savings, and supervision is ineffective. Where did my money go?!

Recently, Brother Truth noticed an investor's exposure and reported that his investment in IEXS in Yingshi Securities suffered significant losses, and suspected that the platform had malicious market manipulation.

According to the investor, the market was in a stable state on January 31 and there was no major data release.

However, at around 4 pm that day, the spread on the IEXS platform of Yingshi Securities suddenly appeared abnormal and was maliciously expanded to more than 500 points.This abnormal fluctuation directly led to an instantaneous explosion of its account worth US$110,000.

Under normal circumstances, the spreads on financial trading platforms should fluctuate within a reasonable range. Such a large abnormal expansion is seriously contrary to market laws.

After the liquidation incident occurred, the investor immediately communicated with the IEXS platform employees of Yingshi Securities and asked the platform to give a reasonable explanation and properly handle the losses.However, during many communications, the platform employees shirked responsibility for each other, did not give a substantial response to investors' demands, and did not propose any effective solutions.

This malicious expansion of spreads leads to investors' liquidation, seriously damages the legitimate rights and interests of investors and has also had a negative impact on the normal order of the financial market.

If the platform does maliciously manipulate spreads, it not only violates the basic industry norms, but also suspected of fraudulent investors.

Subsequently, through the official website of IEXS Yingshi Securities, we can see that the platform only provides MT4 trading servers, and in its account agreement, all are provided by IEXSLLC, a company registered in St. Vincent.

Truth Brother has repeatedly emphasized that although there are foreign exchange business among multinational companies regulated by the St. Vincent Financial Services Administration (FSA), FSA itself does not authorize foreign exchange supervision and does not accept relevant complaints.

On the official FSA website, no information about International Business Companies (IBC) is disclosed, which includes both the IBC company list and the IBC business permissions.

For IBCs engaged in foreign exchange trading or brokerage business, the FSA neither supervises nor manages nor grants licenses.

The scope of regulation of the IBC by FSA is limited to ensuring that IBC complies with obligations under the International Commercial Companies (Amendment and Merger) Act.

For example, even trading companies are unregulated, how can investors have a safe guarantee of profit and withdrawal?

Because there is no guarantee of supervision, your funds will not be able to be recovered.

Here, I would like to remind investors to be cautious when choosing an investment platform. Be vigilant against platforms like Yingshi Securities IEXS that have been exposed and have problems!!

If you have invested in this platform, you should pay close attention to the account situation. If there is a possibility of withdrawal, you should operate as soon as possible to prevent greater losses.At the same time, it is also expected that relevant regulatory authorities can intervene in the investigation and conduct a thorough investigation of Yingshi Securities IEXS' behavior, maintain fairness and justice in the financial market, and protect the legitimate rights and interests of investors.

标签： io