I have traded with ThinkMarkets few months ago, and made some profits, then all of a sudden they cancelled 17,000 USD of my profits claiming that i have violated the TOS.
I have informed them that i will be filing a complain to FCA and this was their reply!
We noted that you referenced complaint to the FCA in your previous email. ThinkMarkets Group consists of three (3) companies. You have a contract with Think Capital Limited that is registered in Bermuda, Company number: 51879. Registered address: Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. You are not contracted with TF Global Markets (UK) Limited hence you cannot complain to the FCA. During the application process you agreed to terms and conditions of Think Capital Limited. All your deposits and withdrawals were processed through Think Capital Limited as well.
So the dirty trick is they have a branch in UK that is regulated by FCA that they use to mislead their potential clients, then when you open an account with them, they open the account under some dubious off shore company that you will not be able to legally pursue.