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Our research team find this broker as illegal broker with no regulatory authority

Oinvest

Admin July 14, 2024

Summary

Oinvest cautions possible traders that Forex and CFDs trading constantly carries a high level of risk, thus may not be appropriate for all investors. Before customers decide to trade the products offered by Oinvest, they are recommended to anticipate their investment objectives, financial situation, needs, and level of experience carefully before investing money that they cannot afford to lose.

Not regulted

Meta Trading Softwares Used

MetaTrader 4 and MetaTrader 4 Mobile

Overall Rating

2.6/5

Reviews

Desmond
1/5

I signed up with oinvets, they handed me to an account manager, who called and asked me deposit more money above their minimal, he led me to open trades of 0.4 lot size, a newbie without experience. Oinvest made me lose 3300USD in a month. I won't recommend them for anyone.

Alex
4/5

well im a professional trader , oinvest is not bad , its okay , for the peoples that dont know how to trade you know in advance that you have big chances to loose your money, for the peoples that wasn't able to withdraw you need to upload the documents required for that , it works the same way in every platform .

Herman Booysen
1/5

Why can I not log in to my metatrader 4 account. I have send various emails in the past and asked to be contacted by you. Nobody has contacted me. Am I being scammed here by Oinvest. What is the problem. Am I being ignored because I am not investing more money. I get emails that state my account manager will contact me. Nobody contacts me. Must I post reviews on the internet about bad services by Oinvest or what must I do. This is one of the various mails is send to support at Oinvest and they do not contact me.

Charmaine Davids
1/5

Pressured me to deposit money. Non stop calling. Did not explain how system works . made me lose 20000 rand in 2 hours . Still calling me today to pressure me to deposit more. They blame a newbie for losing money. Dont invest your money here. Stay away !!!

Alex Zilk
4.1/5

I was quite pleased with the representative's reaction. He answered my questions patiently. I went beyond what you asked. The service was too good to be expected

Ponnd
2/5

This company are scammers

Samkelo Nzimande
3.5/5

I just joined oinvest and so far I feel good about it and I would really really love to thank Mohammad he's really great and patient with me at first I didn't trust him but now I give him a thumbs up oinvest must give him a great bonus this year coz he deserves it thanks Mo...

Aurea Correia
1/5

A fraud company. They are just telling me that my money is transferred but till today the money is not credited to my account. i feel even the good reviews seen here are put by their own team/members.

Mayaz Ahmad
1/5

Oinvest has scammed a client by disallowing withdrawal and blowing his account.

James
2/5

I have been cheated. And I can't withdraw funds. My withdrawal has been pending for three weeks on grounds of technical problems

Thomas
1.6/5

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.

Rohit
1/5

Hacked my 15000.00 dollars in just 20 days no withdrawal .

P.A
2/5

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.

Mr Trader
1.7/5

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.

Themoebassa
2.6/5

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.

Ali
3/5

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.

Pilotwings
1/5

I wanted to give this site 0

Nareshkumar manyam
1/5

Full of scam Bad signals with higher swapping charges

Mr Ian
1.8/5

They are so crooked

Mohsin Ali
2/5

They are scammer