I have 4 25k accts with Quantec
I have 4 25k accts with Quantec. Over the Xmas holiday they were not traded. Quantec have a rule that says if the acct is not traded for 30 days it is in breach. I was careful ensure I placed limit orders on all 3 accts before the 30days, to make sure they were ok. I have the acct statements showing these orders, however Quantec STILL closed 3 of the accts claiming they breached the 30day rule. The Acct statements from 8Cap clearly shows the limit orders placed several days prior to the expiration of the 30days. Now no one is responding to my emails or messages. Just dead silence. I'm going to raise a consumer scam report with the Singapore Consumer Protection Dept and give them all the proof. I first messaged them weeks ago and they first responded and said the accts were closed correctly. After I sent them proof, they have gone silent and ignore me. Traders, don't use these guys. They are not legit. You will lose you money end up being scammed like me and many others. If anyone thinks I'm just a disgruntled trader leave a message and email, and I'll send the proof. Scammers like this should not be allowed to continue to operate so I'm going to submit complaints to all regulatory bodies in Singapore and all other countries they operate in and do my best to have them closed. I'm a fair and legit guy, and if I got my acct closed because I breached the rules, I'd cop the disqualification as my fault, but I didn't breach the rulers at all and I have acct statements as proof that they scammed me.