MEXC Exchange Accused of Ignoring Stop-Losses & Manipulating Prices
The Mexc stock exchange is now trying to blow up the account, it does not see a stop loss, and with its wick movements that do not exist in the stock exchange, it takes 2-3 times the amount you will stop, and most of the time it goes out. I see that the stock market is not a good stock exchange anymore. My transactions were small and today, I lost around 15 dollars in 2 transactions and I did not get the profit I should have received. If the number is higher than 1 transaction, they will directly liquidate me.
Dear MEXC User, First of all, we wish you a happy day. Upon checking, we see that you have placed SL orders for two pairs. Since the related order type is executed as a market order, you do not determine the price. You can only set the trigger price. Therefore, since your order will be triggered and executed as a market order, your transaction will be carried out at the best market price after it is triggered. In such cases, deviations may occur due to the nature of the order type. When a TP/SL order is placed, the relevant warning is detailed to our valued users. If you want your orders to be executed at your desired price, you can place a "Limit Order" or "Trigger Limit Order." This way, after being triggered, your order will be reflected on the board at the price you set and will wait to be executed. Please note that if you place a Limit Order, in exceptional cases, your limit order may be executed as a market order depending on market conditions. Please consider this situation. Thank you for your understanding. MEXC Turkey Official ŞikayetVar Team
Please explain why such a candlestick movement happens with you when it doesn’t occur on any other exchange, and why it always happens while in a trade. Don’t read us the normal exchange rules. As of yesterday, my 5 friends and I have withdrawn all our funds and left your exchange. Although it no longer concerns us, I will continue to inform people around me or through social media about what you have done until you stop misleading people. The more people I can save, the better.
