Which Investment Platforms Should Be Avoided? Share Your Experiences

I am nothing but disappointed, I was on my journey to flip my £50 to £1000 I turned £50 to £400 and today when I placed a trade on a forex pair my trade was placed but it directly went on £-150 and so on, I am so demotivated and frustrated right now I cannot express how I feel. If anyone is reading this please do not use this broker. It has the worst spreads. I hope XM investment does something about the money I’ve lost please thank you

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update monetio have now rejected 7 applications to withdraw my funds they accepted a chargeback which i never ever got vanished to thin air never got anywhere near my bank tried at least four verified crypto accounts rejected

This is the thing repeatedly happens with me but I don’t take it into mind because I got the nature of forex and focuses on other earning sources besides forex trading.

Sorry to hear about your experience. Have you tried contacting XM’s customer support team to share your concerns and clarify what happened?

What pair did you trade, what time, and what were the spreads? You immediately went £-150? What was your trade size?

Very sorry to hear about your experience. In case XM’s support team is not responding, you can always check out their terms and conditions policies and raise a further complaint, if necessary.

Sorry to hear about your experience—it’s incredibly frustrating. Poor spreads can really impact trades, especially on smaller accounts. Consider researching brokers with tighter spreads and better reviews. Remember, setbacks are part of the journey. Don’t lose hope—stay focused and disciplined! :muscle: