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Resolved
Orders exploded, suddenly orders exploded, not allowing withdrawals, accounts were frozen, no one is handling it, and no relevant reply!! Suspected fraud, scam
Mediating Parties
PGMarkets PGMarkets
Issue

Scam

Requirement

compensation

Settlement Amount

$0(USD)

Time

31day8hour

Mediation Status
Resolved
ZHANGWEI1242
Reply
PGMarkets
The incident stemmed from the deliberate and orchestrated actions of an illicit trading team specializing in market manipulation. Investigations have confirmed that this group (ID: 64042, led by Zhang Wei, ID No.: 140105199311213310, email: 18834861555@163.com) operated multiple trading accounts under false pretenses. Posing as institutional investors seeking to expand market presence, they mandated the use of their recommended copy-trading plugin specifically designed with delayed order display functionality. Through sophisticated hacking techniques, the team compromised our EA trading servers, unlawfully altered trade orders, and artificially generated large-volume transactions. These malicious activities directly caused substantial losses to client accounts while severely damaging both customer interests and the company's reputation.

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ZHANGWEI1242
Unable to withdraw funds, and they also froze the account. It's been half a year with no personal contact, continuously stalling!! Give a clear explanation.

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