Main Report
I am logging my experience here because I am tired of seeing retail traders get completely wiped out by unregulated B-book brokers like PrimeFX Hub.
I opened an active account on primefxhub.com with a $2,000 balance to run a swing strategy on major currency pairs. Their terminal ran smoothly for the first two weeks until a major economic news session last week. Right as the session opened, their internal terminal chart displayed a massive, artificial price spike that simply did not happen on any independent data feed or TradingView log.
This fake pricing wick sliced straight through my predefined stop-loss boundaries and triggered an automated margin liquidation, completely emptying my account balance in a fraction of a second. When I provided side-by-side screenshots showing the chart data mismatch to their support team, they permanently disabled my chat functionality. They are running an completely unauthorized operation that is currently being blacklisted by European financial watchdogs for manipulative pricing tactics.
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