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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Oinvest

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.oinvest.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

AronexCorp2-Demo

Ireland
MT4
2

Influence

D

Influence index NO.1

Singapore 2.39
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
AronexCorp2-Demo MT4
Server Location Ireland

Influence

Influence

D

Influence index NO.1

Singapore 2.39

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 2035196460
Support@oinvest.com
https://www.oinvest.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 2035196460

Thai

+66 23284742

Russian

+7 4950494260

Broker Information

More

Company Name

Aronex Corporation LTD.

Company Abbreviation

Oinvest

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2023-11-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Resolved

Don’t believe anything this broker says

I am trying to withdraw 13,000 USD since 25 Sep 20 and 8,121 USD since 29 Sep 20 but so far no success. Also no response from customer services today. Most rigid brokers allow us to withdraw funds within 2-3 days but this Oinvest is very fishy. Don’t even try to talk to any people from Oinvest.

2020-10-05 16:05
Unable to withdraw

SCAM USING 2 DIFFERENT WEBSITE

BE CAREFUL WITH 2INVEST AND OINVEST, THE BIGEST SCAMMERS.I made a deposit via Skrill, after opening the first operation I could see that they manipulate the market, it takes more than a second to open an operation where my ping to the server was 3ms. I then sent an email to LUIZ RIB where I warned him that this manipulation in the market was serious. They use plugins, manipulate prices and operations.Soon I asked for my withdrawal, where they denied and sent me a request for a bank letter to withdraw the funds that were made via SKRILL.In my view, this is money laundering, where when withdrawing, in the withdrawal policy, as well as on the website and the AML policy, the funds tend to be returned to the same deposit method.A fraudulent broker who tries to take advantage of customers. Besides being somewhat professional. Where I repeatedly informed that for personal reasons I could not answer calls (I have just had a surgery that I cannot speak about) and continue to insist on a call.Worst broker I've ever seen in my life. Regulated by the FSA, I have already sent all documents and evidence to the regulator.Now, taking the risk of losing the regulation, getting a very large fine, for 500 $? Really, 2Invest/Oinvest if I don't return my deposit via Skrill for good, I will have to go to court.

2020-08-22 09:24
Scam

DONT PUT YOUR MONEY ON THIS BROKER!!

DONT F*ING PUT MONEY IN THIS BROKER. I am a beginner. I don't have experience on trading and lemme just tell you this. I just lost $5000 dollars on this broker. will encourage you to put many trades and when you have low margin level they will call you over and over again say that I need to put money again. Once you are done putting money they will just "okay I call you later" and dont give a damn about what you are going to lose.

2020-11-30 11:16
Scam

Oinvest Big Scam

I began trading with a company called Oinvest. My initial interaction was with Mr. Mehdi who ensured me his mentorship every step of the way. Ensuring that I would not lose any money, but I will only gain. I then signed up with the company on the 11 June 2020. The initial (minimum) investment amount was R3500 which I deposited into the companys account.Thereafter I was assigned to an account manager by the name of Havvi Lion. I began trading with Havvi’s leadership. The initial trades were made with small amounts which led to small amounts of profit. She then suggested I invest R25000 in order to make a larger profit. I transferred the amount (R25000) into the account and began trading, with her leadership. After a few days I had lost all the money that I invested(R28500). She then advised me to make a larger deposit of R50000 for me to protect my account and recover everything that I had lost. Due to my lack of knowledge and experience she took advantage of the situation and manipulated me into depositing larger amounts each time I lost to the market. Each time something went wrong or against my favour she would blame and insist it was my fault. She used my own emotions against me in order to scam me. I have since lost R471 000. She forced me to take a bank loan to protect whatever funds I still had left that were running on trades.

2020-08-04 15:21
    Sources

    Oinvest · Company Summary

    General Information & Regulation

    Oinvest are a global online financial trading platform and multi asset broker founded in 2019. Oinvest advertises that it offers traders access to a wide selection of over 350 instruments via a selection of trading platforms. However, Oinvest is not subject to any regulation.

    Markets Instruments

    Trading with Oinvest provides you with access to more than 350 instruments,

    Including Currency pairs, Commodities, Precious Metals, Indices, Stocks and Shares, Cryptocurrency, social trading.

    Minimum Deposit

    The minimum deposit for trading with Oinvest $250. Although this makes the broker highly accessible to those of all experience levels, given the fact that Oinvest is unregulated, traders are not advised to register trading accounts here.

    Leverage

    Trading leverage information is not provided. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

    Spreads & Commissions

    Oinvest does not charge any commissions on trading and instead makes its profit via spreads. These spreads are slightly higher than some competitors, for example, the minimum spread on the EURUSD pair is 2.2 pips.

    Trading Platform Available

    Oinvest offers access to a WebTrader, MetaTrader 4, and a mobile application. This way, you can easily trade on the go or from the device of your choice. The WebTrader is also powered by MetaTrader, as is the mobile platform. As such, they all provide similar functionality and features, but with slight differences on various devices.

    Deposit& Withdrawal

    Oinvest offers a reasonable number of payment methods, although you will need to log in to check them all. When withdrawing funds, keep in mind that Oinvest has a minimum withdrawal of $100, which applies to both your original deposit and your profit. The broker also allows you to choose from USD or ZAR for your account base currency.

    Customer Support

    You can contact Oinvest customer support via live chat, phone, or email, as well as through their social media pages. The broker does not offer 24/5 or 24/7 help.

    Research Tools

    Although there are multiple valuable research tools to use with Oinvest, aside from the economic calendar and earnings information, they are all located within the trading platforms. This is a little disappointing as it means there are no proprietary tools, yet MetaTrader does provide almost all of the research tools you need. Upgrading to a Platinum account will provide you with a free virtual private server (VPS) to help with automated trading and privacy. It also provides you with news alerts.

    News

    OInvest Review 2021: Is This Recent Broker a Scam?

    NewsOInvest Review 2021: Is This Recent Broker a Scam?

    2021-12-13 16:17

    Read our in-depth OInvest Review 2021 covering licenses, forex spreads, trading leverage, deposit & withdrawal and user reviews.

    WikiFX
    2021-12-13 16:17
    News
    OInvest Review 2021: Is This Recent Broker a Scam?

    User Reviews

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    2

    Comments

    Write a review

    Vithusan Vijeyaratnam
    more than one year
    How strange that Oinvest's website says "CURRENTLY NOT AVAILABLE". However, after consulting my friend who is more professional in the foreign exchange industry, he told me that this is usually just a trick of scam forex companies, they have absconded with money, and the website will never be available.
    2023-03-20 18:15
    Reply
    0
    0
    L.
    more than one year
    I used to trade with Qinvest for three months. It took me three months to withdraw my money. My trading experience then was pretty pleasant. I can give it four stars based on its over performance.
    2023-03-06 11:55
    Reply
    0
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