MM Mata

I started a trading investment with Oinvest trading company on the 21 August, my initial interaction was with Ray who claimed to be an account manager. I deposited the R3500 initial payment they requested. As I am new in this field and don't have any knowledge they didn't take me through the Demo Account to train me and show me how trading works. He then suggested I deposit R50 000 to make a profit he just took me straight to a live Account.The following day he asked for another deposit of R50 000 to increase the margin level.Everyday my margin level was low and was pursuided me to deposit the R50 000 until the 27th of August. Oinvest ****med me R256 000.When I refused to make more deposit they closed my account. I told him to cancel my account and refund all my money he told I will lost all my money.I am very hurt because I started that investment with a mindset that I will be able to survive with my 3 children as I am retrenched and being a single parent. He was promising me that if I make a deposit of R50 00 the following day I will be able to withdraw it back but I did not happen like that as the margin level went down every and instead of withdrawing I was supposed to deposit.

Im very hurt because I am now staying in a shack with my kids as my parent chase me out of the house due to the stupid thing I did, they said I was supposed to buy myself and my children a house and I WAS ****MED BY OINVEST.

They did even called sometimes during September telling me that I need to make another deposit of R50 000 to recover my money. I asked them where that hell am I getting the R50 000 as all my money is with you.

I think the FSCA Regulatory body must do something about this Oinvest. This Institution its digusting