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The WikiFX Score of this broker is reduced because of too many complaints!

Decinute

Mauritius|5-10 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 full license|The server is only located in China.|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://www.decinutefx.net/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
DecinuteTechnology-Server MT5
Server Location China

Contact

+1 (323) 492-2707
service@decinutefx.net
http://www.decinutefx.net/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+1 (323) 492-2707

Broker Information

More

Company Name

Decinute Limited

Company Abbreviation

Decinute

Platform registered country and region

Mauritius

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Pyramid scheme complaint
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Others

Losses caused by deliberate manipulation.

At first,I made a little profit with some small portion fund.When I deposited large fund,they logged in my account privately,modified the order and canceled my stop-loss price,causing my great losses.The remaining profit was shown successfully withdrawn,but the account was cleared by the platform.I have called the police.

2019-10-24 14:07
Scam

The fraud Xiaohan Chen set up a platform to swindle investors. All the funds of customers went in his pockets. Give recommendations hypocritically

I bought two books about XAU/USD and foreign exchange trading of Xiaohan Chen in October, 2018. Then I added his private WeChat via the QR code in the book. I was invited to join in a group of WeChat called “ Recommendations by Xiaohan Chen”. Xiaohan Chen taught us how to do Forex trading as an analyst and gave some recommendations about the management of Forex trading in this group. Later, I saw him in offline training class in Guangzhou and was recommended a platform: :www.decinutefx.net by him. He said he cooperated with this platform as an analyst and said this platform was under national supervision and recognized by nation, safe, compliant and reliable. I opened an account and deposited over 3,000,000 in total based on the trust in him. I deposited as the instructions of the platform, but the accounts of payees were personal accounts which I didn’t know. I didn’t care about these details based on trust in Xiaohan Chen. At first, I made orders in this platform via MT5 under the guidance of Xiaohan Chen and profited a lot. However, I made a loss after a short period and lost all the money in the end.

2020-09-04 06:16

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