Mitrade operates a sophisticated CFD manipulation scheme that systematically targets retail traders through rigged pricing, artificial gaps, and coordinated account liquidations designed to steal client funds.
Mitrade operates a systematic CFD manipulation scheme designed to force client losses through artificial price movements, coordinated liquidations, and platform manipulation. They take the opposite side of all client trades and ensure maximum client losses through sophisticated market manipulation.
"I was trading GBP/USD with a 100-pip stop loss. At 3 AM, their platform showed a 2-second spike that hit my exact stop level, liquidating my entire $25,000 account. I checked other brokers - no such spike existed anywhere else. This happened to 12 other traders that same night."
"Every time I made profit, the spreads would suddenly widen from 1 pip to 15 pips. Made profitable trading impossible."
"Platform froze for 30 minutes during NFP news. When it came back, all my positions were liquidated at the worst possible prices."
Professional forensic analysis of Mitrade's CFD pricing reveals systematic manipulation:
CFD price manipulation scheme
Metric | Mitrade | Market Standard |
---|---|---|
Price Spikes | 400% above | Normal |
Spread Widening | 340% above | Standard |
Liquidation Rate | 88% | 12-15% |
Platform Issues | 840% higher | Minimal |