Dominion Markets
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Overall
To Dominion markets, Yes i acknowledged that i did something wrong by taking advantage of your fast data feed and perfect execution to do arbitrage trading so as a consequences I agreed that all of my profits from this arbitrage trading should be wipe out. Ok this is clear.
However, something else this broker does to me as if they wanna punish me or something by ignoring the initial withdrawal request of the sum of $600 which i made on 18 October 2023 at around 3 PM (Local time), this request was immediately rejected and my MT5 account was frozen and its gone from the portal and all I could see was a balance of $1212 on my wallet and then I was given an email saying that I have been found to have perform hft trading and that I wasn't able to withdraw my profit but I can still get my initial deposit and good luck bye2,
Well thankfully I was still able to get a screenshot of my account before the account is frozen, and I can still match it to the transactions records on my portal. after some calculations I found out that supposedly if all of my profits is wipe out and I only can get my initial deposit then I am still be able to get around $1795 but why am I only left with $1212 on my wallet. then i notice something they (dominion markets) just completely ignored the balance of $600 which is my initial withdrawal request which is rejected. this $600 was deducted immediately from my account when i make the withdrawal request.
after that I tried sending them several emails to ask about this possible miscalculation but they completely ignored me, the only reply they give was that we have forwarded this to the Accounting department thats it. so at the point from my case i want to warn forex traders out there not to trade on this broker regardless of their perfect latency and other things on which i think they purposely make their server slow (low latency to customer) so that they can scam or punish traders out there who has no clue they are about to be trapped, as even though i was doing hft but they also kept all the rebates and bonus and everything else they even charged huge commissions on every trade positions also there are also fees(abt 1%) on every deposit and another 1% for every withdrawal i made on top of the additional conversion fee from usd to usdt fees. and worse yet they still want to take part of my money this $600 of my rejected withdrawal maybe as sort of punishment even though they have no right to do this because they mentioned on the email which i will post it here as well stating that I can still get my initial deposit. so FYI stay away from this scam broker.
this is the email from them,
Hello,
This is to inform you that your accounts have been banned from the platform due to violating the customer terms and conditions of Arbitrage trading or using High Frequency Trading methods and scripts (expert advisors) to take advantage of our low latency feeds given to clients.
We have perfect execution environments and we will not tolerate anyone taking advantage of the system.
Please log into your account and withdraw your initial deposit.
This is the customer agreement you agreed to and based on that your account has been suspended please withdrawal your remaining balance and good luck.
Overall
so far best platform. fast withdrawals and deposits
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razor spreads
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Low latency, but high commissions. Spreads are ok
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client panel is so basic and sime times it crash
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Dominion markets best platform, thank you raja
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Dominion markets is also one of the best,, still more room for improvement
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Why should anyone use unregulated white label broker?
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Very bad customer service! Dont fall for this unregulated shot
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So far, the experience has been okay. haven't had any bad experiences. with both deposits and withdrawals since I opened up a pro account.
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One of the best brokers I've ever used. The Pro MT5 Account has amazing spreads, and I've never had any issues with deposits or withdrawals for years.
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Poor cusomer sevice, email reply after 5 days...
They will never let you withdraw..
Scam broker
Peraonaly i havent receive my withdraw ad more than a month..
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the best!broker
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Amazing spreads and wonderful customer service.
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I love DOMINIONMARKETS.Honest Business. Raw Spreads.(GBPJPY: 1-2 pips)You can even get tools like Magickeys, paid ONLY through comissions.By far the best broker I ever had.
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VERY NICE, VERY GOOD..VERY LIKE IT...
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Terrible customer service. Terible deposit and wothdraw costs. Had the most awful exprience. Don not recommend. Do not deposit money
