Search

POIPEX Forex Broker provides real users with * positive reviews, 2 neutral reviews and 47 exposure review!

POIPEX Broker Review

1.42

WikiFX monitor

Business

Influence E

License

No license

POIPEX Review 49

Latest All(49) Neutral(2) Exposure(47)
Exposure
The withdrawal has not arrived for 70 days. The disappearing Liu Desheng suddenly appeared and wanted to remit the money again. The withdrawal was frozen because the money was taken away by the headquarter manager Lin A.

Poipex replied on 8/12: I have queued up to withdraw funds, please wait patiently, there will be no more text. On 8/26, the two masterminds of the fraud gang, Chen Jiayu and Liu Desheng, disappeared for 60 days, and suddenly appeared, saying to help me deal with the withdrawal problem , Chen Jiayu said that he had to pay a high security deposit before he could make a deposit. Liu Desheng asked me to trust him, follow his instructions, and pay the 565,000 remittance I remitted on 6/21. My withdrawal was frozen because this amount was recorded. It was stolen by Mr. Lin in the Poipex asset management account, and it was not recorded in the account. This person is Poipex who is in charge of the funds of Houde Zaiwu Studio. He said that the amount was stolen, and the Poipex headquarters will not bear it. I need to deposit funds. After repeated remittance of 565,000, it will be credited within 48 hours. I asked how to pay the headquarters, whether to remit abroad or domestically. He said remittance domestically, yes, but after writing a guarantee letter in person, I was remittance, and he said he was willing to help I mean it, he is busy and has no time to meet. Do you want to listen to his instructions for remittance? I insist on meeting and promise to remit the money. Liu Desheng just doesn’t meet. I would like to ask how many people Poipex and Liu Desheng’s fraud gang will harm. I cheated. The manager who manages the money on the Poipex platform stole the money. No one came forward to deal with the problems caused. This platform is a platform without email, phone, Facebook, QQ and no contact information. The door, the platform for turning pit investors,

Vanessa789
2022-08-30
Exposure
Poipex Market Limited started mediation on 7/3, and finally responded simply on 8/13,

On 8/13, the Poipex asset management platform simply replied after 40 days, writing (all are queuing up to withdraw funds, please wait patiently), this way of writing was written like this by the Poipex platform manager on 6/24, but the platform on 7/3 I don’t reply anymore, and now I reply like this, I don’t know how long Poipex wants me to wait patiently? Please reply clearly in the past two days, 1. How to withdraw and deposit money? 2. When will the account be credited? 3. The withdrawal started on 6/21, the account was debited, but not credited, the withdrawal displayed "Cancelled withdrawal", and the money did not return to the account, how to deal with this, please explain, 4. How much should the poipex asset management account platform be credited? Coordinate too!

Vanessa789
2022-08-17
Exposure
Poipex company website does a good job, but everything is a scam

Poipex, this platform's publicity website is doing a good job, but everything is fake because the only mailbox that can contact this website is also fake. When you have problems with your investment, or you want to complain if you don't get your money out of your account, the only customer service who can respond to Mailbox, it is wrong, the letter was returned, with photos, the ridiculous Poipex website to open an account, turned into an account in WeTrade, Poipex is a scam platform, will WeTrade be clean?

Vanessa789
2022-08-11
Exposure
The Poipex asset management account has not been credited since 6/21 until 8/9. There is no phones, and a fake customer service mailbox.

Poipex is a fraudulent platform. When depositing money, the scam gang and platform manager brainwash together in the Line group. When withdrawing money, they start to make bad moves, liquidate the position to make up the position, and take a rake after making up the position. Otherwise, the money will not be given, and the money can be withdrawn It’s in the system shooting team again, wait patiently, and when you can’t wait any longer, defraud another 500,000 yuan to run the fast-track channel, because the above are all fraudulent deposits, and you know that you can’t get any money. Poipex platform manager Lin and the fraud gang together Disappeared, did not reply, and defrauded me to deposit about 2.5 million,

Vanessa789
2022-08-10
Exposure
Poipex Market Limited wants me to withdraw cash to buy digital currency, and the platform specifies to deposit it into an asset management account.

Poipex's fraud method is to provide digital currency, Line contact information, and then meet at the time to buy Tether between Line and digital currency. The Poipex platform manager provides an electronic wallet and waits for the platform manager to say that the person who has deposited the digital currency takes the cash. When the banknotes left, we only saw the contract, not the real Tether. This kind of fraudulent method of buying digital currency and depositing money requires a very large amount of money. There are bank transfers and clerk files, but digital currency is a cash transaction, which cannot be stopped once. The transaction can be 500,000, 1,000,000, 5,000,000. There is no upper limit. The combination of fraud platforms and gangs and digital currencies is really terrible and will kill many people.

Vanessa789
2022-08-04
Exposure
The poipex platform is a fraudulent platform, don't believe and cooperate with fraudulent groups to be scammed. An asset management account platform that does not withdraw

The Poipex platform, cooperating with the Line fraud group, defrauded me of about 2.5 million. The deposit was made on June 21, but I couldn't get into the account. The most abominable thing is Mr. Lin, the manager of the Poipex platform. It is obvious that the system has done tricks, and the money is withdrawn when the money is withdrawn. The counter immediately displayed "Cancel the withdrawal", and it also tricked me that the system was queuing up. I could buy 500,000 yuan for the quick channel, and the account would be received within two hours. By 7/3, I would not reply if I didn't buy it. During the process, the Line fraud gang, Everyone who asked said that it cost 500,000 yuan, and the fast-track purchase was credited within two hours and began to write to Poipex on 7/1, 7/4, 7/7, 7/30, and 8/2. Market Limited, but did not reply at all. So far, the only way to contact this platform is to write a letter, there is no other communication channel, and the letter cannot be answered. It means that Poipex is a standard fraud platform. Now we can only report to the police first and then report the case overseas. To prevent more people from being deceived, I wish this group of scammers will be caught as soon as possible, sentenced to a heavy sentence, and returned to a clean financial investment, otherwise these formal financial machine purchases will be exaggerated by fraud platforms.

Vanessa789
2022-08-04
Exposure
Poipex Market Limited asset management platform. WIthdraw on June 21st, but still not arrived till today, Aug 3rd

The poipex asset management account platform is a fraudulent gang, which defrauded nearly 2.5 million. It started to withdraw funds from June 21, and reached about 3.8 million US dollars from June 30. So far, all of them have not been recorded. The fraud group (Hou De Zaiwu claimed to be Liu Desheng, said that in order to invest in crude oil, he was preparing to operate 1.6 billion US dollars, and the group followed the operation to earn a commission.) kicked out from Line, and Poipex Mr. Lin did not respond on 7/2. During this process It said that it was because there were too many withdrawals, and I was asked to wait patiently. I wrote to the Poipex platform on the 7th/7th, but I haven't replied yet. I will be defrauded of so much money. The liquidation (nearly 4,500 US dollars per mouth 3 seconds, is it possible?) caused huge losses. The platform forced me to cover the position. I was also afraid of credit problems, so I could only borrow money to make up for the loss. After all the funds were remitted, I would not be able to deposit the funds that night. In the end, the group of the entire line and the Poipex platform manager bewitched me to transfer 500,000 yuan to apply for the express channel. He said that he was in Kowloon, Hong Kong. I said that I could ask a friend to take a cash cheque and check it into the account. I said yes every night, I would not take it seriously the next day, or I just didn’t dare to meet for reasons. He also lied to me that as long as I remitted 200,000 yuan, I would first help me to set up a fast-track channel, and then there would be no reply. Poipex has no problems with depositing funds, but I have problems with withdrawing funds. There is no telephone, no connection, and even the mailbox is fake, yes No one can handle it at all. After depositing the money in the client’s asset management account, it cannot be withdrawn. The system for withdrawing funds will also be a hand, and the withdrawal will be subdivided: withdrawal flow (normally deducted from the account) / withdrawal Gold (you will find in the subdivided withdrawals, "Cancel withdrawal" is displayed immediately when withdrawing money, but the account money has been deducted, and it is not credited. After 6/21, the middle Poipex platform manager lied to me and said that the system was queuing. , you have to wait patiently or do a fast track,) is to deceive me into depositing money,

Vanessa789
2022-08-03
Exposure
On the June 7th, the position was severely liquidated in 3 seconds, and the price difference was nearly more than 4,500 US dollars per mouth.

The Poipex platform was seriously liquidated at about 10:00 Taiwan time on June 7th. This transaction was my withdrawal of USD 50,000. In order to prevent the withdrawal, the fraud gang encouraged me to buy it, and then I reported the number of purchases to The other party immediately liquidated the position, the principal was nearly 80,000, and the liquidation lost nearly 140,000. After that, the Poipex platform manager immediately notified me to make a deposit to make up for the loss, followed by the deposit and then the deposit. The total amount was about 2.5 million, and the profit was obtained on June 21. If you want to withdraw money, you will not be able to get into the account. It has been 40 days. The Poipex platform manager will not reply on 7/2. He wrote to the Poipex service mailbox on 7/7. If we don't deal with it, we will report to the United States, Hong Kong, and the British mainland to jointly arrest this fraudulent gang that disrupts finance.

Vanessa789
2022-07-31

  

Poipex 2025 Review: Everything You Need to Know

  In the ever-evolving landscape of online trading, Poipex has emerged as a controversial player. The reviews surrounding this forex broker predominantly paint a negative picture, with numerous reports labeling it as a potential scam. Key concerns include a lack of regulation, withdrawal issues, and a plethora of negative user experiences. As traders look for reliable platforms, understanding the intricacies of Poipex is crucial.

  Note: The presence of various entities operating under the name Poipex across different regions raises concerns about transparency and accountability. This review aims to provide a fair and accurate assessment based on multiple sources.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 2
Regulatory Compliance 0

  How We Rate Brokers: Our ratings are derived from comprehensive analyses of user experiences, expert opinions, and factual data gathered from various sources.

  

Broker Overview

  Founded in 2021, Poipex operates under the name Poipex Market Limited, claiming to offer a diverse range of trading services. The broker promotes itself as a forex trading platform with a minimum deposit requirement of $100 and alleged spreads starting from 0.0 pips. However, it lacks regulation from any recognized financial authority, raising significant concerns regarding the safety of traders' funds. The trading platform offered is MetaTrader 5 (MT5), a popular choice among traders, but the overall user experience has been marred by complaints regarding service quality and withdrawal issues.

  

Detailed Breakdown

  

Regulatory Status and Geographic Presence

  Poipex operates without any regulatory oversight, which is a critical red flag for potential investors. According to multiple sources, including BrokersView, the broker does not hold any licenses from recognized authorities such as the FCA, ASIC, or CySEC. This lack of regulation means that traders have no recourse if they encounter issues with the broker, such as withdrawal problems or disputes over funds.

  

Deposit and Withdrawal Methods

  The broker accepts deposits via bank wire and credit cards, but specific information regarding fees and processing times is scarce. Users have reported significant delays in withdrawals, with some claiming that their requests have been ignored for over 70 days. According to WikiBit, many users have expressed frustration over their inability to access their funds, indicating a systemic issue with the broker's withdrawal process.

  

Minimum Deposit and Promotions

  The minimum deposit required to open an account with Poipex is set at $100, which may seem accessible for new traders. However, the lack of promotional offers or bonuses raises questions about the broker's commitment to attracting and retaining clients. Many legitimate brokers offer incentives to new traders, which Poipex seems to lack.

  

Trading Asset Categories

  Poipex claims to provide access to various asset classes, including forex, indices, commodities, and precious metals. However, the lack of clarity around the specific instruments available for trading further complicates the user experience. Many users have reported that the advertised asset categories do not align with their actual trading experiences, leading to dissatisfaction.

  

Cost Structure

  The broker claims to offer spreads starting from 0.0 pips, but the absence of a demo account prevents potential traders from verifying these claims. Reports from users suggest that spreads can be inconsistent, with some experiencing significantly higher costs during trading sessions. Additionally, there are indications that non-trading fees may be excessive, further eroding potential profits.

  

Leverage and Trading Platforms

  Poipex offers leverage ratios up to 1:400, which can amplify both potential profits and losses. While high leverage may attract experienced traders looking for greater returns, it also poses substantial risks, particularly for beginners. The only trading platform available is MT5, which, while robust, may not cater to all trading preferences.

  

Customer Support and Languages

  Customer support is a significant pain point for Poipex users. Reports indicate that the broker provides limited support, primarily through phone communication, with many users unable to reach a representative. The lack of a responsive customer service team has left many traders feeling abandoned, particularly when facing urgent issues related to their accounts.

  

Summary Rating

Category Rating (out of 10) Comments
Account Conditions 2 High minimum deposit and no clear account types.
Tools and Resources 3 Limited educational resources and no demo account.
Customer Service and Support 1 Ineffective support with long response times.
Trading Setup (Experience) 2 Limited platform options and inconsistent spreads.
Trustworthiness 1 Unregulated and numerous scam allegations.
User Experience 2 Overall negative feedback from users.
Regulatory Compliance 0 No valid regulatory oversight.

  

Detailed Analysis

  • Account Conditions: The lack of transparency regarding account types and features is concerning. Most reputable brokers offer a variety of account options to cater to different trading styles and preferences.
  • Tools and Resources: The absence of a demo account limits traders' ability to practice and familiarize themselves with the platform. Additionally, educational resources are minimal, making it challenging for beginners to learn effectively.
  • Customer Service: The customer service experience has been widely criticized, with many users reporting that their inquiries go unanswered for extended periods. This lack of support can be detrimental, especially when traders require immediate assistance.
  • Trading Experience: The trading experience is hampered by the reported inconsistencies in spreads and execution speeds. Users have also expressed concerns about the reliability of the MT5 platform when used with Poipex.
  • Trustworthiness: The overwhelming consensus among users and expert reviews is that Poipex is not a trustworthy broker. The lack of regulation and numerous complaints about withdrawal issues contribute to this negative perception.
  • User Experience: Overall, the user experience on Poipex has been described as frustrating, with many traders feeling misled by the brokers marketing claims.

  In conclusion, the findings from the Poipex review indicate that potential traders should exercise extreme caution before engaging with this broker. The lack of regulation, poor customer service, and numerous negative user experiences suggest that there are significant risks involved in trading with Poipex. Traders are strongly advised to seek out regulated and reputable brokers to ensure the safety of their investments.