Comment on IG
★★★★★1 / 5Initial 1-star scoreReference #1139
<p>IG Markets in Australia are criminal. I was a premium client with them until in 2016 they suspended my trading purely because I was profitable. I was profitable trading CFD’s and Binaries. They take the other side of clients so if a client is profitable they aren’t making money (don’t give me the nonsense they make the spread).<br>
I have since traded profitably for a friend and my mother, but they quickly restricted that trading then suspended it.<br>
They are a scam if they only take clients who lose money, which is what they do. They are happy to let inexperienced traders lose entire life savings, yet suspend legitimate traders who are using their service for the reason (they claim) to provide it.<br>
ASIC and the Ombudsman are pathetic, almost corrupt, so it would be helpful to get numbers and form a group to take on these clowns. I can detail and support my claims too. I am not a sour grapes trader who’s lost money.</p>
Replies 1
<p>Hey Matt, I traded with IG Aus, and they did the same to me based on the bogus ‘can’t prove proof of income documents’ that they didn’t ask me to show. They are crooks. Mayweathers of Sydney have a class action on and I’d like to build a large group to shut their Australian operations and also target other countries. All I asked them for was my $272,000 back, and they said they wouldn’t refund me after suspending my trading account without any warning while I was hedging. They did it when I was hedging, not when I wasn’t!</p>
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