Summary:
They create fake price spikes on your personal screen to trigger your orders at terrible prices. They steal your margin instantly, blame it on normal market volatility, and hide the evidence by keeping the real prices on a completely separate ledger.
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Most retail traders believe their broker connects them to the real global market. With brokers like Exness on Standard accounts, this is false. You are not trading on the real market. You are trading inside the broker’s private simulation, known as a B-Book .
Because you are trading against the broker, your loss is their direct profit. To ensure they win, they run a scam called the Dual Ledger System.
Here is exactly how they steal your money, step by step.
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- The Real Market vs. The Fake Market
Exness maintains two completely different price feeds at the exact same time:
The Public Feed (The Real Market):** This is the global, official price history. It looks normal and stable. If regulators check, this is the data Exness shows them.
The Internal Feed (The Fake Market):** This is the hidden price feed that runs on your specific trading terminal (like MT5). Exness can secretly manipulate this feed to show prices that do not actually exist in the real market.
2. The Setup (Hunting Your Margin)
When you place a pending order or a Stop Loss (like the Buy Stop at 159.072 on USDJPY), the broker’s system flags it. They know exactly where your money is sitting. They also know that if the real market hits that level, you might make a profit.
They want to trigger your order at the absolute worst possible price to drain your account margin immediately.
3. The Execution (The Artificial Spread Spike)
Right when the real market gets close to your order, Exness activates the scam. They artificially widen the “spread” (the gap between the buy and sell price) on your specific terminal.
In this exact case:
- The real market (Public Feed) only went up to a maximum price of 159.061.
- But on the personal terminal (Internal Feed), Exness secretly spiked the price all the way to 159.112.
They used a fake, invisible price spike of 34 pips to trigger the order. The account was instantly put into a heavy loss. Because the money was now trapped in a fake drawdown, there was no free margin left to trade the real market movement.
4. The Cover-Up
When a trader complains, the broker relies on the fact that most people do not know how to check the real server data. Support agents will tell you that the market experienced “high volatility” or a “rollover gap.”
But if you download their official, public data file (the CSV Tick History), the lie is exposed. The fake price they executed you at is mathematically missing from the public record.
When you confront them with their own data showing the price never existed, they will point to an “internal server log” to justify it. This is a confession. They are admitting that their internal servers generate fake prices to hunt stops and trap your capital.