Originally posted by krashy:
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DO NOT USE PLUS500. They are thieves and frauds. I just submitted a complaint to AFCA. I bought a bunch of put options a while ago. They paid out...BIG. But, Plus500 just decided to create fake market quotes (for example my US500 2860 puts were executed at 153 vs the real market value of 450) and blatantly STEAL large sums of money from my account. I complained several times and was told "we decided to value them at that price, tough bickies"
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https://www.dailytelegraph.com.au/news/nsw/cfd-class-action-sydney-law-firm-investigating-trading-risky-contracts/news-story/bf3661e77094fff239091df8e0cb3dac
Hi. Interesting story in today’s Telegraph about a potential class action over CFDs. The story talks extensively about Plus500. It says Plus500 is the most complained about CFD platform.