Reviews about WinexGroup
The company WinexGroup offers to start creating your future today and achieve financial success together. However, should you respond to their commercial offer? This question should be decided only after carefully checking the terms of cooperation, legal documents, and reviews from real users. Remember, there is no need to rush with registration.
What we learned about WinexGroup?
WinexGroup reports that they have formed a global community of over 34,000 traders from 46 countries worldwide. They also claim that the success rate of their clients is 93.6%, and the average daily volume exceeds $100 million.
However, upon closer examination of reviews from former clients, it becomes clear that the company employs dishonest methods. Users complain about trading manipulations, fund withdrawal refusals, and financial fraud. The first reviews appeared recently, indicating a short project lifespan.
According to information from the whois service, the website winexgroup.io was registered at the end of April 2023 and began active advertising only a few months ago. This explains the presence of only recent reviews online.
Legality of operations
WinexGroup has not provided a scanned copy of legal documents confirming their reliability and honesty. However, it was found that the broker is managed by the British company PROFBETS TECHNOLOGIES LTD (certificate No. 14354850), registered in September 2022. It is worth noting that the real company has no relation to the brokerage service and specializes in financial management.
It is also worth mentioning that WinexGroup has been blacklisted by the FCA regulator. The regulatory body warned traders about the risks of losing funds when cooperating with this company.
Trading opportunities
WinexGroup offers services for trading CFDs on various assets, including cryptocurrencies, commodities, stocks, precious metals, and indices. They promise a comfortable trading environment, but testing the platform’s functionality without risk is not provided. The company does not offer a demo account and immediately suggests choosing a tariff plan and funding the balance.
- minimum deposit – $250,
- leverage – 1:100 (exceeds the permissible leverage value by 3 times according to European legislation),
- various additional services, including a personal manager and risk hedging.
Reviews about WinexGroup
The initial reviews about WinexGroup emphasize that the company conducts dishonest business practices and fails to fulfill obligations to clients. If you have become a victim of scammers, do not hesitate to leave your review and share your experience of cooperation with WinexGroup.
How scammers operate
The deception scheme by WinexGroup is quite simple. They first give a false impression of profitable deals to convince newcomers to invest more money. After the user replenishes the account with a large sum, they block access to the personal account and accuse of rule violations, after which all communication ceases.
Conclusions
WinexGroup is an unscrupulous broker launched by experienced scammers. They take advantage of people’s naivety to lure them into a trap and profit from their trust. Reclaiming funds from such scammers will be a challenging task. To increase the chances of recovering money, it is necessary to seek help from experienced lawyers.