Profits From Months of Trading Were Removed
I had been trading with No Limit Markets for more than a year and completed hundreds of trades without any prior compliance warnings.
Recently, while holding an open silver position, I made an internal transfer from my trading account to my wallet inside the platform. The trade itself later closed in profit.
Shortly afterward, my account was permanently blocked and not only that trade’s profit, but also profits from many other trades over several months were removed from my account.
The broker later claimed this internal transfer violated their policy, although I had never previously received any warning about such a restriction.
I also submitted a formal complaint and follow-up emails but have not received a meaningful response so far.
Update after broker response :
Thank you for your response.
My concern is not about confidentiality. It is about fairness, transparency, and the unjust removal of legitimately earned profits.
You still have not explained:
- why an internal transfer between my trading account and wallet was classified as “abuse”,
- why no warning or restriction was ever communicated after more than a year of active trading,
- why profits from many unrelated trades over several months were confiscated entirely,
- and why you repeatedly claimed there had been “similar behavior” in the past while providing no evidence or examples to support that allegation.
The trade in question was ultimately closed with only a small profit, yet all accumulated profits were removed and my account was permanently blocked.
Referring only to “Compliance reviews” and general clauses in the Client Agreement does not address the core issue. Clients deserve clear explanations, transparent evidence, and fair treatment regarding their funds and trading profits.
Reply from Nolimitmarkets
Dear Client,
Thank you for your feedback. We understand this is not the outcome you hoped for.
Due to our confidentiality obligations, we are unable to discuss any specific account matters on a public platform. What we can confirm in general terms is that all account actions at our firm are taken following a full Compliance review and strictly in accordance with the Client Agreement, which every client accepts at the time of account opening.
Where funds are due to be returned to a client under the terms of the Agreement, they are returned in full.
Kind regards,
Client Relations Team