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Exposure Details

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    FXOTLgrb5774 Trader
    Released in Australia

    Scam Broker

    Global Prime notified me less than 48 hours before the ASIC Product
    Intervention Order took effect (which significantly reduced retail
    traders leverage), resulting in me losing nearly $15,000 in my account.

    ASIC announced the change 5 months ago. but I was told about it on
    Thursday afternoon. They said I could either deposit $100,000 to cover
    the leverage reduction that would take place in the next couple of days,
    or my account would easily go into margin call and pretty much all my
    open trades would be closed.




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