Ouinex

My account with 1200 euros was blocked. The worst part is that customer support isn’t helping me at all and won’t explain what’s going on. The only thing I know is that the block can last anywhere from 30 to 90 days!!

A major drawback is the company’s offshore registration, which has long been considered a red flag for brokers. I was also very alarmed by the fact that all disclaimers are displayed in large font on ouinex.com. I understand that the broker shouldn’t be held responsible for my personal decisions, but still! I’m afraid the broker isn’t being entirely honest with its users. It’s just that there have been similar cases before, and I ended up losing out back then.

What did I like most about this platform? It’s the statement in the terms of use that a 1:500 leverage ratio is a perfectly reasonable margin level, and I couldn’t find any information on ouinex.com indicating that this leverage is used exclusively by professional traders, not beginners. Furthermore, I still haven’t been able to find any confirmation of withdrawals from here. Lost? Gone somewhere? No, they were never there to begin with, because this is just a typical offshore scam masquerading as a real broker’s website. You need to stay away from schemes like this. If you didn’t know, a leverage ratio of 1:500 is a clear sign that you’re dealing with a fraud. Note that the regulation here is questionable. It’s possible that OUINEX doesn’t even exist!! there’s only the website.

Don’t even try to deal with offshore companies, don’t do it, because they often blatantly lie about how you can start with a minimal amount and begin making money within the first few days. There’s no evidence to back this up, other than the fantasies of the platform’s creators, who for some reason refuse to provide even basic financial reports on their operations. I was really hoping to see all those screenshots and at least one withdrawal. I’ve been looking for proof that this company even exists for over a month now, but I still can’t find anything. I even deposited $200 here just out of curiosity, and then had a very hard time withdrawing it. WHAT IS THIS IF NOT A SCAM? OUINEX takes over a week to process withdrawal requests and what do you do if your account gets blocked? How do you get your money back? Many users are facing a similar problem; they’re also complaining about similarly long withdrawal times.

I would not recommend this broker! It will be particularly difficult for beginners to work with them, even despite the availability of a demo account and multilingual support. However, this is not enough to ensure a comfortable, long-term relationship with the broker.

I didn’t pay attention to the negative comments about this broker and even ignored all the reviews of the platform that were online — and soon, within a week, I lost €1,700. To be honest, at first, trading was going quite well — on the EUR/USD, EUR/CAD, and USD/JPY — but after a few trades where I took profits, they just started squeezing every last cent out of me. The OUINEX staff didn’t even bother making up any excuses; they just created artificial slippage — and that was it. And no one bothered to give me my money back, because it’s obviously a fraud. I don’t even want to comment on this. I’m just warning you. You see, it’s one thing when you’re trading calmly and making a profit, and quite another when strange patterns appear on the chart that, by some “miracle,” trigger your stop-loss. That’s how it turned out: OUINEX — this fraudulent company — is tripping up all successful and profitable traders :( When I realized it was a scam, everything fell into place. In fact, it’s in their best interest for traders to lose money.

Right now, I’m not focused on learning how to trade (I’ve already spent about five months on that, if not more), but I simply try to track my income accurately almost every day and withdraw it to my crypto wallet twice a month - my intraday strategy allows me to do that. As for the instruments, I trade both stocks and Forex, but mostly major currency pairs, with GBP/USD and USD/JPY being my favorites. For example, I’ve profited three times from fluctuations in these currency pairs, starting back in 2022 when the British pound was falling against the dollar - the same thing was happening with the yen - and then I managed to capitalize on the trend reversal and catch a few good entry points. And each time, I used 1:500 leverage, which really came in handy. I’m not greedy; I just always want to get the most out of a trade and lock in my profits :) Plus, leverage helps me avoid tying up too much margin in a single trade, and, of course, I always use stop-loss orders. Overall, I can’t say anything bad about OUINEX. Their spreads, execution, and trading platform are all top-notch.

My request to withdraw $3,000 has been pending for two weeks now, and customer support isn’t responding….

While looking for another forex broker to diversify my trading and investment risks, I stumbled upon this platform late last year. It’s been a long time since anyone has entertained me as much as the managers of this platform, which is never mentioned in the “verified brokers” sections of analytical review sites. Instead, they tell us about a platform that’s been around for over 5 years. Yeah, they just bought an old domain and probably lost their regulatory licenses somewhere or forgot to post them on the website. That’s sarcasm, in case anyone didn’t get it - after all, you’ve got to poke fun at the typical scammers who pull off their “smoke and mirrors” tricks. It’s clear that there’s no question of investing here. Forget about trading on ouinex.com - you’ll only lose money. Even if you don’t lose everything, they still won’t let you withdraw your funds. This is an offshore joke that needs to be shut down as soon as possible.

They claim to have licenses here, but they don’t show them because, in reality, they don’t exist, just like the broker itself. It’s all a front: they create the illusion that you can open an account here and gain access to an exchange, but in reality, there is no exchange, and any money invested here will be stolen.

I’m not particularly eager to share my trading successes — and I certainly don’t want to brag about my income, which has been over $1,600 for several weeks now. But I don’t want to stop there, because it’s extremely important for me to keep applying my strategy and making at least 1–2 trades every day with this broker — to stay in the black and clearly understand how I’m making money, as well as to make sure my calculations are correct. I’ll tell you, I even withdraw money once a month, like a paycheck 🙂 Although, to be honest, not always — I try to reinvest on ouinex.com as well. I can say with confidence that this firm doesn’t let you down when it comes to withdrawing money from the system. Withdrawals are processed consistently and reliably, without major delays or unnecessary questions. At least, that’s how it works for me. Oh, and you’ll also need to go through verification — it’s a requirement of the regulatory authorities.

I’m a little confused! I completed the verification process at OUINEX; everything was confirmed, I was granted access to a trading account, and I deposited 300 euros into it. However, three days later, they blocked my account! Is this normal? They wrote that there was a problem with the verification process. The money in my account is frozen, I don’t have access to it, and I haven’t received any explanation from OUINEX. I saw for myself that I passed verification and received confirmation. What kind of nonsense is this???

Everything looks convincing as long as you’re investing, but when it comes time to withdraw - they completely ignore you. They stop communicating with you, and you’ll never see your money again. I had a terrible experience with them - I lost $420. Stay away……

It’s absolutely clear that this broker isn’t accountable to anyone! A leverage ratio of 1:500 - no regulator would ever issue a license to a company with such terms. On top of that, it’s registered in Saint Vincent and the Grenadines. In my opinion, this is just another scam broker trying to pass itself off as a legitimate company in the European market. Judging by the reviews, they’re not doing a very good job of it. There are many complaints online about dealing with this company

I haven’t been trading here very long, and yesterday my trading platform froze. I contacted customer support, but they didn’t resolve anything

You decide to start making money and do everything necessary to do so - first, you read a little about the broker online, then quickly open a standard account and immediately get down to business, trading stocks, metals, etc., as well as currency pairs. OUINEX offers a wide range of trading instruments; there’s plenty to choose from, and you’ll always find an asset that suits you. This brokerage firm allows you to quickly earn a decent income of $500 or more per month, but it all depends on your goals in this endeavor. YOU CAN EVEN GROW YOUR CAPITAL IN JUST 3 MONTHS. The most important thing about a broker is that it allows its clients to withdraw their profits. The rest, while important, isn’t as crucial as the ability to withdraw funds. The broker is licensed, so there’s a place to file a complaint if the trading platform ever starts engaging in fraudulent activities. However, it’s unlikely that the owners of ouinex.com would resort to such actions.

If you see an address from an offshore jurisdiction, you can safely classify such a company among those that simply steal their clients’ money - accepting as little as $10 or $100, but in reality pocketing that amount immediately. This is especially true if a beginner who deposited this money decides to take advantage of the unrealistically high 1:500 leverage, which is designed specifically for such naive users. What successful trades are you talking about? There wasn’t a trace of that here! I haven’t even come across a single review online stating that anyone has actually withdrawn money from Ouinex. You’ll start trading with 1:500 leverage, and they’ll immediately begin to deceive you by creating huge price swings in both directions to force you to close your positions. After all, this is a fraudulent Forex company, not a legitimate one. A fraudulent broker doesn’t route trades to the interbank market. This is evident from the fact that the website contains neither a list of legitimate liquidity providers nor a copy of a valid brokerage license.