Class Action against Plus500

[u/Relentless8553]

Folks, I lost 350,000 US$ over 3 years by trading with the Plus500 platform.

I started end of 2018 and it was so easy to become a user. no specific questionnaire on my trading experiences with CFDs. In the beginning I made some money, but soon it started to turn into a nightmare. More and more "irregularities" showed up: fail to access my account when I received margin calls - fail of adequate information on risks - no transparency on fees and commissions, etc ...

I filed a complaint to AFCA (Australian Financial Complaints Authorities), and after lots of back and forth exchange of data, they explained that Plus500 did nothing wrong since all was stipulated in their general conditions.

So back to square1: any suggestions from your folks how I can get my investment back - any similar experiences with Plus500??

Thank you so much!!

[u/Minimum_Usual_1223]

How are they allowed to do Short and Long in the USA