KR
Kevin R

1 reviews | Active since Aug 2019

04 Nov 2020, 14:53

Oinvest... Look before you leap!

Be careful when following the marketing of Oinvest, they confess that you only need R10k, that may be so to open an account. However, once the marketing people hand you over to the traders, they immediately state you require R100k as R10k would be lost very easily due to leverages and margin calls! Do your homework on a Demo account and get comfortable with the terminology. Oinvest demo platform is not as good as Standard Bank webtrader demo, you can invest in ETF's which have less risk. The Oinvest Trader experts, are not experts otherwise they would be trading themselves. They provide very little help in my experinece and do not have your interests at heart! Beware, do your homework and choose a bigger more reputable platform!

0
Replies (2)
Oinvest
Oinvest's reply23 Nov 2020, 15:56
Official
Dear Kevin,
Could you please provide us with your reference number and email address in order to investigate your case.

Kind regards,
Your Oinvest Team
KR
Kevin R's update23 Nov 2020, 17:47
Reviewer Update
Kateryna Z was my account manager. (23/03/20) email address: ***