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Exposure
Previously, profits could be withdrawn freely, but recently, due to the large market fluctuations, profitable trades have been deemed violations, and without providing a concrete reason, the withdrawal channel has been locked, preventing withdrawals.
It was alright before, I could normally withdraw with either profits or losses, but now they've completely stopped allowing withdrawals, and they're just dragging their feet without issuing any documentation. They're asking for my trading records on other platforms, but I only trade with them; how am I supposed to provide trading records for other forex platforms? It's like they're using a shill to prevent withdrawals, making it feel like they're about to abscond. This shameless platform is disgusting.
麦克8
03-26
Replied
Reply from official MDM
Thank you for your feedback. Regarding the withdrawal restriction issue you mentioned, we understand your concerns and questions. According to the verification results from our company's compliance and risk control departments, combined with feedback from the liquidity provider (LP), your account's trading behavior has triggered a specialized compliance review. The account is currently under investigation, and therefore related functions (including withdrawals) have been temporarily restricted. Previously, our company has sent you a detailed explanation via email. After preliminary screening, the account's trading involves the use of third-party plugins/scripts, spread arbitrage strategies, and cross-platform hedging, including but not limited to synchronized order placement across multiple platforms, reverse positions, and exploiting quote delays to obtain improper profits. The aforementioned situations have been identified as abnormal trading requiring further investigation. To expedite the processing progress, please ensure that you provide the relevant information and supporting documents (including details of the actual account operator, the plugins or tools used, and whether there are cross-platform or associated account operations) truthfully and within the specified timeframe as required by the email. Your cooperation will help us complete the review more efficiently. Before the review is completed, the account will remain in a read-only state. After the review results are confirmed, we will take appropriate actions regarding the account based on the actual situation. MDM has always been committed to maintaining a fair and transparent trading environment, and all reviews are conducted based on compliance requirements. Thank you for your understanding and cooperation. We recommend that you contact your account manager or official customer service as soon as possible to assist with the process. — MDM Team
Positive
A reliable platform recommended by a friend with very attractive promotional offers!
First, let me clarify, I'm just an ordinary retail forex trader. Over the past few years, I've traded intermittently on several platforms, so I have some experience. At MDM, I've tried withdrawing funds twice, once a small amount and once a slightly larger one, and both were credited within 1-2 days. I haven't encountered the "deposit-only, no withdrawal" situation that some small platforms have. There are also plenty of deposit methods available: UnionPay, WeChat, Alipay transfers are all supported, and USDT is also accepted. Customer service response is very fast; basically, any issues can be resolved relatively quickly. The range of trading instruments is also quite rich, covering mainstream products like forex, gold, crude oil, and stock indices. I use MT5, and my biggest impression over the past few months is that the order execution speed is indeed fast. Currently, there's also a 10% deposit bonus promotion, which is more generous than other platforms. I plan to take advantage of the promotion period to deposit more.
FX2296641379
03-30
Replied
Reply from official MDM
Thank you for your detailed sharing and support. We are delighted to learn that your overall trading experience with MDM has been smooth, including aspects such as deposit and withdrawal efficiency, platform stability, and customer service response speed, all of which have met your expectations. Providing customers with diversified deposit methods, a rich variety of trading products, and efficient order execution has always been a key focus of our continuous optimization. Your trust is very important to us. Thank you for choosing MDM. We look forward to providing you with a consistently stable trading experience. — MDM Team
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