Topic: Trading platform

Mei lost over $150,000 when her trades were closed. Mei believed the trading platform were liable for her losses because they had not disclosed all risks and the amount of leverage they offered was negligent.

Was the broker responsible for the loss Jack suffered on a trade?

Pierre withdrew $12,000 from his trading account. After a few days he hadn’t received it, so he told the trading platform it was borrowed money that he urgently needed to repay. The platform closed his trading account immediately

A trading platform automatically closed Tāne’s trade when the price spiked downwards. Tāne couldn’t see the price dip reflected in any trading data, so didn’t think the trade should have been closed.

What happens if you change your mind about borrowing money to buy a car? Can you reverse the transaction at no cost?

What happens if, while you are in prison, a lender repossesses and sells secured items at an undervalue?

What happens if you discover your credit card and phone have been used on a trading platform?

Jacque used his credit card to deposit margin into his trading account and placed several successful trades. Jacque then attempted to chargeback his deposits claiming they had been paid in error, and also sought to have his profits released to him.

A company’s forex accounts were seized by its transactional service provider (TSP) to pay for the TSP’s own debts. The company considers the actions to be theft but the TSP says it is permitted to take the company’s funds due to changes to its account terms and conditions. Does the amended contract apply to the company, and can the TSP take the funds?

Greg’s forex bet didn’t pay off – but did the trading platform have the right to liquidate his position?