Seyit is completely dissatisfied with the result
MEXC Liquidated My Futures Position Without Price Drop—I Lost Trust in Fair Pricing
May 01, 6:53 pm
20
I’ve been trading futures on MEXC for over a year now, and until recently, I had no major issues. However, last night I opened a new position, and just three minutes later, it was liquidated—even though the market price hadn’t changed. When I asked for an explanation, I was told that the so-called “fair price mechanism,” implemented to prevent sudden price spikes, had triggered my liquidation. That makes no sense. On this same platform, the fair price has always followed the actual price closely—often protecting me from liquidation. But last night, the fair price suddenly dropped to a low and then bounced back up, even though the actual market price stayed stable. How can this be justified? MEXC is clearly manipulating the fair price in the background to liquidate traders. I demand accountability and compensation for the unfair loss. This kind of system destroys user trust.
Q&A: Explore Popular Queries
Check out the solutions and tips on this topic.
Show more
Similar Complaints
I was trading on MEXC Futures, and my liquidation price was set at 0.288. However, despite the market price being only 0.23-0.24, my position was forcefully liquidated. This means my trade was closed without the price ever reaching my liquidation level. MEXC claims it was due to their “fair price” ...
I opened a position on MEXC at 3.29, and my liquidation price was clearly set at 4.37. But somehow, my position was liquidated when the price only hit 4.12. This makes absolutely no sense. Why was I liquidated before my liquidation level was reached? This feels like manipulation. It looks like MEXC...
MEXC’s trading system is completely unfair. In cross margin mode, I opened a position using only 20% of my balance, yet within one minute, I was liquidated. The price was nowhere near the liquidation level, yet MEXC claimed it was due to an "adjusted fair price." Even when I agreed to their explana...
On MEXC Exchange, when entering a cross trade with 20% of my balance, I got liquidated within just one minute. You claim it was due to the “fair price,” even though the price movement was far from the actual market rate. Fine, let’s assume that, but when I point out that no such price spike occurred...
I have been using MEXC Exchange for over a year, but recently, my futures trading section got locked, preventing me from adding funds or placing a stop-loss. As a result, my position was forcibly liquidated, and I lost my money. This is completely unfair and unacceptable. It seems like MEXC is inte...