I apologize to anyone that was following this thread closely for not posting earlier.
@pip2hunt, @tommor, @Kurte
I do appreciate your interest and support.
A mix of bad news which bummed me out and not having notifications of new posts straight to my inbox was the reason, to be honest.
Just a few months back, the final decision came from the Financial Ombudsman of Cyprus.
They basically rejected my claim/complaint. The “investigation” looks poor, as expected, they just wrote a few lines.
They said they requested etoro their price feed and that it showed I opened positions at prices that didnt really exist in the “underlying market” (exchange/index the company or the liquidity providers use) and that is how I supposedly profited with a “strategy” in which I bought and shorted at prices that I knew weren’t… fairly priced.
This of course, is false, but it may appear true to someone used to the traditional markets where prices for the same asset across markets are very successfully arbitraged into an almost perfect price match, in these cases a difference would probably seem notorious and represent a clear opportunity. But not with this market, and even more so during those days it was traded. I tried to explain this in the report I sent them, which was very complete.
And this was just a small section. But they didnt really care to examine what I sent them, it was a waste of time. It seems to me that in any technical dispute, this institution will always side with the company, the effortless solution. They don’t bother to study complaints profoundly or read in detail what you have to say. It is very disappointing. I was naive to think the financial ombudsman of cyprus would actually care. They took 2 years for this answer. For nothing, sadly. Looks like a phone call/email and a signature to me what they did.