Comments: EXNESS
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Devang (India) says...
EXNESS Just be extra carefull.I am looking for good forex broker and I open an account with EXNESS on 05/03/2012. First day it is good but on second day they start thier real game of manuplacting system.
EXECUTION : Trust me guys their Execution policy is on their comfort only.It happen 5times to me.If you put SL or you are about to stop out they increase their sperads by 4PIP approx to hit your SL or to make you stop out.Anyway I have three order where i was stop out or my stop loss hit due to their sudden spread increase.Please note that at that time their is no such volatlity in market.
On 06/03/2012 they have spread differance of 6pips on EURUSD and AUDUSD.When i contact them,they are not ready to accept it.To prove this I have an email of "Pavel Kulakov from dealer@exness.com " saying that it is not our fault.Just think guys if broker itself says that increase in spread for 4 hours its not their fault then who will responsible for this?
EXECUTION : Trust me guys their Execution policy is on their comfort only.It happen 5times to me.If you put SL or you are about to stop out they increase their sperads by 4PIP approx to hit your SL or to make you stop out.Anyway I have three order where i was stop out or my stop loss hit due to their sudden spread increase.Please note that at that time their is no such volatlity in market.
On 06/03/2012 they have spread differance of 6pips on EURUSD and AUDUSD.When i contact them,they are not ready to accept it.To prove this I have an email of "Pavel Kulakov from dealer@exness.com " saying that it is not our fault.Just think guys if broker itself says that increase in spread for 4 hours its not their fault then who will responsible for this?
Admin:
It's unfortunate that you had a bad experience with EXNESS. I have not had the same type of thing happen, but it would not be a big shock to know that stop hunting does in fact happen. A bigger shock would be to see prolonged spread widening in a liquid market (I have not seen this myself).
13th March 2012 12:49amPage 1 of 1 (2 comments)


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There is no connection between spread widening and execution of orders of Devang Surti. His orders were executed when the spread was 0.9-1.1 and he could not indicate the time when he saw the spread widen so that we could compare it to spreads at banks. Also, we cannot restore the lost funds if a trader has taken the wrong side of the market.
As for withdrawal, all withdrawals are processed in time. It takes several days to get funds back to credit card or bank account.If you have any questions, I will be happy to help you.Best regards,
Alexander Kovalchuk
EXNESS