Is Exen Trade a scam, or is it legit?

The scam platform is unable to withdraw funds, and the website has been closed. The scammers manipulate the trend in the background of the website, creating a false impression of high winning rate. Please be aware.

Following the leader of the Tianya community, Xu Lihong (Weibo: Tianya-LaoxuXLH), members of the gang, Qin Feng, Liu Xu, Yan Yalun, etc., deceived and induced to deposit and use MT5 to operate gold and other foreign exchange, resulting in the current inability to withdraw funds! Remind future generations of this gang's fraud and take it as a warning.

Following the people from Tianya Community, such as Xu Lihong and Qin Feng, operating through this platform called "Silk Gourd", the deposit process is very fast, but the withdrawal process is not possible. There are various delays and excuses, indicating fraudulent behavior. Tianya Community has also disbanded and it is impossible to contact anyone.

This broker is terrible and linked with MetaTrader 5. Once you click to log in, you're taken to the scam site trader.tradeexen.com where they prevent withdrawals. The leaders of this scam, known as "Old Xu" (Xu Lihong), Liu Xu, and Qin Feng, formed a community called Tianya Community on the Luffa chat software, claiming to establish the most influential crypto community in the Chinese area. During the Bitcoin bull market's plateau phase, they advised everyone to not trade and just wait with empty portfolios. Then they trick people into diverting from Ouyi and Binance to MT5, claiming they would speculate on forex and gold to triple everyone's funds by year-end. They make everyone think that transferring USDT to this lousy broker's account is a good idea when in fact it goes directly into these scammers' personal accounts. All talks of tripling funds by year-end and meeting up in Sanya are complete lies. Within a week, they scammed all the USDT they could and then came up with various excuses for not processing withdrawals before dissolving all their social groups, disappearing without a trace. I hope those who see my exposure can avoid them. Let my experience serve as a warning not to trust strangers easily. While this amount of money might not break me financially, I'm still very upset and feel compelled to expose them.