Item: QOINTECH
Rating: 1.29

法網恢恢

Taiwan

112 years of trading forex CFDs. Lau Yuen Ching. LAU Yuen Ching, LI Kin Shue and CHAN Sai Wah's assistants are all Emmy Yuen Ting, who trading the CFDs and could not withdraw the funds. Fraud.

Exposure

04-01

FX695459

United States

I have been using this platform since December last year. The account balance is $586,207.73. The first time I tried to withdraw money, they asked me to pay a 10% management fee and gave me some excuse as to how the fee would secure my account. So I did pay the fee because I wanted to withdraw my funds. Now they say my account is locked, they claim illegal activity was involved. I reported it to Forteclaim.com and they refunded me. And it has been restored. This made me realize this is a total scam. Ask for help.

Exposure

03-21

FX5358003

United Arab Emirates

I created an account in Qointech and deposited $60,000 to trade. Then they said I had to raise money before I could trade. When I asked to withdraw money, I couldn't withdraw it. After a few days, I could no longer log in or contact platform customer service.

Exposure

03-19

馬各兄

Taiwan

I was introduced to black investment platforms through netizens, and they all came to my house to collect cash and give me receipts. Everything was going well but my position was liquidated overnight. I went to argue with them but was ignored and my account was blocked.

Exposure

03-19

文傑李

Taiwan

I saw a money-making advertisement on IG and clicked on it. I was guided to add a line group to join. The other party gave me a very high profit. I was tricked and transferred the money without realizing it. I did make money in the follow-up operations and also made small withdrawals. But in the end, when I wanted to withdraw a large amount of money, I was blocked and given various excuses, only to find out that I had been cheated...

Exposure

01-24

chAngE8522

Taiwan

The account given is often a problem account. (Figure 1) Unreasonable slippage. (Figure 2) Disguised Pepperstone. (Figure 3) It takes many reasons to withdraw money. A recent withdrawal shows an accounting error. (Figure 4) Attached is a certain deposit

Exposure

01-02

chAngE8522

Taiwan

MT5 Provider Show Qoin Services Let The website link does not match Pepperstone pepperstoneOOOO has a few more codes. The frequent connection shows that it is not secure.

Exposure

2023-12-11

Suki959

Hong Kong

My friend found Yongzhan Investment Consulting, and then someone took her to place an order on the QOINTECH black platform, and her position was liquidated twice. Finally, she made more than 300,000 US dollars on her account. Then the withdrawal failed, and the scammer asked her to pay a share of the profit first. Can. Then she paid 25,000 US dollars, but still couldn't withdraw the money, and then she realized that she had been cheated.

Exposure

2023-12-08

霸氣的小羊

Taiwan

I only placed one order, but the Qoin tech backend automatically placed another one for me, causing me to lose my position (in addition to my principal returning to zero, my account also became negative). The investment consultant then said that they had the Champion Project Fund to help reset the account to zero first. You can then repay it to the investment consulting company (which means you have to repay the Champion Plan fund in addition to losing the principal). The backend placed another order 10 seconds after I placed the order, resulting in insufficient margin to maintain the position. When the account became negative, I deposited the money again. When I wanted to withdraw the money, the manager of Qoin Tech, Gao Wencai, said that I could not withdraw the money due to the unpaid Champion Plan Fund. A total of US$225,520 was lost.

Exposure

2023-12-06

FX3422946018

Netherlands

You are not able to take money out once you have invested it. You can only take money out of your account by making more investments and paying fees. It is possible to withdraw money, but not with them, as Qointech are all scammers

Exposure

2023-10-27

FX6845073

Singapore

They didn't allow me to withdraw the money, but a few days later they wrote me a letter saying they would resolve the withdrawal issue and get in touch with all customers. I don't know what happened, but I just want my money back. Yoshiki Asai was my broker, he is a big scammer. For more information about this scam, please see the photo I uploaded.

Exposure

2023-10-26

FX6845073

Singapore

They didn't allow me to withdraw the money, but a few days later they wrote me a letter saying they would resolve the withdrawal issue and get in touch with all customers. I don't know what happened, but I just want my money back. Yoshiki Asai was my broker, he is a big scammer. For more information about this scam, please see the photo I uploaded.

Exposure

2023-10-26

fang4922

Taiwan

The trader links up with the investment advisory company and takes the opportunity to get a share of the money before withdrawing money. Then after the 48-hour commitment, the money was still not withdrawn.

Exposure

2023-10-26

j8430

Hong Kong

The investment advisory company claimed that it had no connection with the platform, and that operation and profit sharing were two separate systems. It suddenly required payment of profit sharing before it could operate and withdraw money. I contacted the platform many times but they did not respond. The account was promised to arrive within 48 hours, but it never arrived, which is suspected of fraud.

Exposure

2023-10-26

j8430

Hong Kong

Participating in QOIN TECH US dollar operations, the assistant informed me on October 24 that I need to pay dividends before I can withdraw money, which is different from what they said before. The personnel of the exchange platform did not respond, and the loss was about 100,000 US dollars.

Exposure

2023-10-24

白石文吾

Japan

It ends up being like what other people have posted here, but the conversation started in the LINE group, and we talked about stocks and the economic situation every day, and then we started talking about FX, and I was called a teacher who gave guidance. A person presented instructions on positions and lot numbers on LINE, and everyone made a profit from it and posted screenshots of trading results and deposit details. Even though I had researched all of this, I was skeptical and tried to start trading, but I was told that other accounts had different spreads, lot numbers, and leverage, so I was guided to open one at a broker's exchange. I researched suspicious places, etc., and I had some trouble with the broker who opened the account, but in the end, they explained it to me and I started with a small deposit, still half-convinced.Winning is winning (lol). I tried comparing it with the chart of the sovereign company, but it was either above or below, so even if there was an error, I couldn't clearly understand how the chart was manipulated, and as this progressed, the story of this fraud gradually became more and more real. By the time I thought things were starting to get serious, it was too late.The group LINE also disappeared and all individual communications were marked as read by no one. It was a good learning experience, but even though I was half-hearted, I was a little greedy, so the study fee increased a bit.

Exposure

2023-09-22

セバ

Japan

A group that gathers people on LINE and consists of people who call themselves teachers and many cherry blossoms. Many of the groups have names like "Individual Investor Gathering B2". The person who claims to be a teacher has a different name from another group, but the conversation and progress are exactly the same, so it seems to be the same criminal. The conversation starts with stocks and gradually shifts to Forex. Among them, as a recommended exchange, you will be guided to a trader similar to here or here. When I was guided, a person claiming to be a broker pretended to be a support and designated a transfer destination, but this was a fraudulent account. FX itself can win, but you can't withdraw. Realize it's a scam here. Too late. It will be fitted in such a development. Please do not transfer! ! ! There are people who are trying to make money, but all their pictures are processed with numbers! ! Don't be fooled!

Exposure

2023-08-15

セバ

Japan

It started with the LINE group and was full of information on investment projects, but before I knew it, the topic had shifted to FX. And I began to interact with group members (sensei and Sakura). The amount of deposit and the number of lots are amazing. I thought I'd like to participate myself, so I made a deposit and kept winning. But when I tried to withdraw, it said that the amount of withdrawal would be limited, and tax would be charged. Or I would have to pay the tax on the exchange from this month to the next month. Ultimately, the registered account number was changed without permission, and it was said that it was the wrong registration. Furthermore, since the account was frozen, it asked me to deposit 50% of the amount in the account to unfreeze it. Also, is it possible to withdraw within the group? I shared the information of the fraudulent group on Twitter, they left me in no time. The group name is a gathering of individual investors such as A00 or B00. It seems that the role of the teacher and the role of Sakura are made up.

Exposure

2023-07-28

セバ

Japan

We started communicating through the LINE group, and talked about the economic situation every day. Before long, the topic of FX trading came up, and the instructor was the speaker. And he started to give instructions on positions and the number of lots. Everyone was making a profit from it. I, who was watching it, started depositing and participating in trading. Before I knew it, I had invested a large amount of money. I wanted to withdraw my profits. So when I applied for a withdrawal, I was contacted by a broker (Yoshiki Asai) saying that I should think a little more because taxes would be charged. He told me to wait because the exchange tax will be paid next month. So I postponed for this reason. After all, it is a state where exchanges put in without being withdrawn even once. Also, I was added to a similar LINE group, and the exchange of people with different names but the same content as another group continues. please be careful.

Exposure

2023-07-27

セバ

Japan

At first, the content was like a normal investment group, and the conversation progressed on everyday topics such as stocks. But when it came to profit margins, It turned out that foreign exchange was the best choice. And there was also a call from someone who was called a teacher (telling me that the lot size and leverage of different exchanges should be the same), and the funds were transferred. I've been using this platform since someone told me about it. I deposited money a few times because it worked out well. But when I decided to withdraw, I was told that I shouldn't withdraw due to taxes or dues with the exchange. If I make a withdrawal procedure for 100,000 yen, it will be approved, but it will not be credited to my account. When I checked on Twitter, I found out that there was a teacher who was also a victim of the same problem.

Exposure

2023-07-23

Aspect	Information
Registered Country/Area	Japan
Founded Year	Within 1 year
Company Name	QOINTECH
Regulation	Regulated in the United States with suspicious regulatory license
Minimum Deposit	Not specified
Maximum Leverage	Individual leverage: 25x (10x for RUB/JPY and TRY/JPY)
Spreads	Varying spreads, specific details not provided
Trading Platforms	Trading tool compatible with TradingView, mobile app, web trader platform
Tradable Assets	31 currency pairs, including major and popular options
Account Types	Not specified
Demo Account	Not specified
Customer Support	Call center available for customer inquiries and support
Payment Methods	Not specified
Educational Tools	Real-time exchange rates, real-time forex charts, real-time cryptocurrency rates, educational resources on various trading aspects
Trading Hours	Monday 7:10 am - Saturday 6:50 am (US Standard Time)

Pros	Cons
QOINTECH offers a range of market instruments for trading, including currency pairs and cryptocurrencies.	The broker's regulatory status with the United States NFA is categorized as unauthorized.
QOINTECH provides leverage options for individuals and corporations.	Limited market instruments available
The platform offers trading tools such as real-time exchange rates, forex charts, and cryptocurrency rates.	Lack of specific information on spreads and payment methods
QOINTECH offers educational resources to enhance users' knowledge and skills in trading.	QOINTECH lacks trading software, potentially hindering trading activities.
No commissions required	Lack of customer support information on email address, phone number, etc.
	Lack of variety of account types

Pros	Cons
Supports 31 currency pairs, including popular options such as USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY, CHF/JPY, and more.	Does not support all currency pairs.
Includes major pairs like EUR/USD, GBP/USD, AUD/USD, NZD/USD, EUR/GBP, and EUR/AUD.	Does not offer all crypto assets.
Offers opportunities to trade crypto assets.	Fees may be high.

Pros	Cons
Two deposit options: Direct Deposit and Transfer Deposit	Fees imposed on deposits, borne by the customer
Free of charge for direct deposits	Limited withdrawal amounts (minimum of 2,000 yen)
Withdrawals processed within 3 business days	Limited information on withdrawal processing times and methods

Pros	Cons
Access to real-time exchange rates for up-to-date currency values.	Charts may be difficult to interpret for beginners.
Real-time forex charts for analyzing historical data and identifying patterns.
Real-time cryptocurrency rates for staying informed about crypto market.

Score

QOINTECH

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Pros and Cons

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Leverage

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Trading Tools

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