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Oinvest Reviews | Does Oinvest broker steal users’ money?

I would like to note that Oinvest operates in the Forex market. Operations have been carried out since 2018. Country of registration – South Africa. The oversight function is carried out by FSC. Customer service is provided in English and Arabic.

 company overview oinvest

Oinvest offers are not original. Is it bad?

When a trader chooses a suitable broker for himself, it is not the originality of the offers that is important for him, but the comfort in the applied implementation of trading conditions. Meta Trader 4 is offered by Oinvest on the official website as a platform for transactions in the financial markets. There is a demo account – this feature is good for beginners. Professionals can also use the trading simulator to test their own strategies.

  • The minimum deposit is USD 100/250/1000. It all depends on the specific conditions.
  • Maximum leverage – up to 1: 500.
  • Scalping is allowed at Oinvest, which will delight supporters of this type of trading.

Among the advantages, one can note a special encryption system, a reliable firewall. They cover all data in transit. DATA centers are protected according to the SAS standard. All participants are subject to strict rules. Compliance with them contributes to the maintenance of discipline. The security standard is preferred for the selected communication method.

Asset selection and other types of collaboration

You can work with a wide range of instruments, including currencies, stocks, bonds, commodities, indices and cryptocurrencies. The firm’s area of responsibility is the protection of customer deposits. This responsibility is being implemented at a high level. No commission is charged. The customer support service works 24/5.

The process of opening an account with an Oinvest broker is not complicated at all. You must confirm that you are over 18 years old and familiarize yourself with the Terms and Conditions. Also important documents are the Risk Disclosure and Privacy Policy.

If the documents provided by you have been approved, then their verification will take 1-2 business days. It takes 5-7 business days for the funds to be credited to the account. Such a procedure is necessary so that only the person who trades can withdraw funds from Oinvest. Financial channels – plastic cards, bank transfer, e-wallet.

A little about the company

The mediator conducts its activities in the Middle East, Asia, Africa. A team of experts supports clients. The materials offered for training are suitable even for independent practice. You can choose the type of trading account and the style of interaction with the market for yourself. But if you read the reviews written about Oinvest, you will learn a lot of interesting things – in a negative way. So what difficulties await you?

  • Access to Oinvest on the official website is not allowed for everyone. A categorical ban – for clients from America and Europe. It is argued that residents of the CIS should open a web resource without problems, but not everything is going smoothly with that.
  • Domain validation check showed that it was registered in 2002. But activity, confirmed by snapshots, is recorded only 18 years later, in early 2020.
  • The above list of awards is fake.
    oinvest awards fake
  • No specifics about trading conditions. Information can be found in Oinvest Reviews if traders have gained hands-on experience to validate certain facts.
  • An analysis of contacts showed that the geography of potential victims is residents of the CIS countries who know Russian.
  • The group of companies is registered in Cyprus and the Seychelles. Interestingly, different versions of the site have a different address. The scammers got confused in their own testimony.

The nuances that horrify Oinvest clients

The regulation by the FSA has not been confirmed by anything. It cannot even be argued that Oinvest actually exists and received a license. The divorce scheme looks primitive, but effective: zeroing the client’s account. The first option is through a personal manager who makes recommendations for which he is not responsible. The second way is through the manipulation of quotes. If you want to sort things out with the company in court, you will have to make a trip to distant islands.

expose oinvest scam
expose oinvest scam

The client agreement states that the client must pay various trading costs, main and additional. You need to pay for everything: a “sleeping” account, widening spreads, lost profits, excess of the broker’s powers, failure to fulfill the obligations of the intermediary. The broker has full rights to set his own trading rules. The customer’s right is to obey and pay. And what? Very comfortably. For a fraudulent company.

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