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ouinex
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ouinex

Australia
2024-05-12
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Rating Index
Legal Environment
0
License Value
0
Risk Management
0
Investor Protection
0
Regulatory Policy
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Industry Classification
C
High Risk
Trading Platforms
Ouinet Platform, proprietary crypto trading system

Basic Information

  • Registered Region
    Australia
  • Operation Status
    Normal operation
  • Operating Period
    2024-05-12
  • Deposit Methods
    bank transfer、credit/debit card、Apple Pay crypto
  • Website
  • Market Type
    Foreign Exchange
  • Support Languges
    English
    Chinese
    Spain
    France
    Germany
    Korea
    Japan
    Portugal
  • Main Business
    Spot crypto trading
  • Business Type
    Brokerage
  • Social Media
  • Contact Details
  • Type of Accounts
    Standard Account.Corporate Account
  • Trading Platforms
    web
  • Withdraw Methods
    deposit & withdrawal,no hidden deposit or withdrawal fees
  • Auto Trading
    API trading / automated trading

Pros and Cons

Pros: - Multi-asset + Crypto + Traditional Assets + Derivatives Support — Broad Coverage - Supports Crypto + Traditional + Forex + Stocks/Commodities/Indices/Derivatives, with a variety of tools and products - Flexible deposit methods (Fiat/Credit/Bank/Crypto) + Supports Crypto Wallets/Multi-Asset Wallets - Provides Algorithmic/API/Automatic Trading Support (Friendly for Quantitative/Programmatic Traders) - Website claims transparent fees (Deposits/Withdrawals/Trading Fees/Slippage/Hidden Fees) - Offers Web + Mobile App, convenient procedures; attractive to new users and multi-asset traders. Cons: - Although claims to have a regulated/registered entity, extremely low third-party reputation rating (low ScamAdviser score) — Trustworthiness/security questionable. - Complex registration structure, multiple jurisdictions (multiple entities + registration in multiple countries), resulting in insufficient transparency and uniformity in actual supervision, client fund protection, and compliance. - Failure to use mainstream trading platforms (MT4/MT5) — The credibility, stability, liquidity, and execution quality of the proprietary platform are difficult to independently verify. - Despite claims of no hidden fees and transparent rates, there is a lack of independent audits and third-party verification of the authenticity of its rates, slippage, and order execution mechanisms (highlights such as the no-CLOB model have not been independently verified). - Short user base and short history (beta testing/just launched) — Historical reputation and stability have not been tested over a long period. - Limited third-party (media/users/independent audit) reports/verifications of its reliability — High reliance on the official website's claims/marketing/promotion. - Lack of publicly credible guarantees regarding client fund security/asset segregation, withdrawal guarantees, and transparent audit mechanisms => Potentially significant financial security risks exist.

Company Background

Ouinex is a crypto exchange that integrates advanced traditional tools offering spot cryptocurrency and multi-asset derivatives from a single and trading platform, using a unique no-CLOB execution model.

Fund Security

Yes, Ouinex is a trading platform regulated on four continents, holding licenses in Europe (Poland), Africa (South Africa), Australia, and North America (Saint Vincent & Grenadines). Ouinex offers 1:1 assets on everything, and is audited by independent agencies and designed with robust security features like encryption, multi-signature wallets, and two-factor authentication (2FA) to ensure safe trading.

Account Opening

All you need is a valid ID.You can fund your wallet using a bank transfer, credit/debit card, Apple Pay,** or crypto.Trade crypto and derivatives from the same platform.

Trading Fees

Spot cryptocurrency trading fees can be as low as 0.05%, depending on your trading tier and asset type. You can also enjoy additional benefits by staking $OUIX and increasing your OUIXPower. In derivatives trading, there are no commissions; fees consist solely of spreads.

Trading Instruments

Supported assets include: cryptocurrencies, forex, commodities/commodity CFDs, international stocks, stock indices, and potentially other derivatives — a suite of instruments encompassing "multi-asset + crypto + traditional + CFDs/derivatives/spot".

Trading Technology

It uses its own/proprietary trading platform (web + mobile app) and employs its matching/trading engine, which it calls the "no-CLOB execution model" (instead of the traditional central limit order book CLOB). The official website claims this model reduces slippage, avoids hidden fees, and improves transparency and liquidity.

Research and Education

Ouinex offers a glossary of trading terms, video tutorials, and updated market analysis. Users can practice on a demo account or improve their trading skills through detailed guides.

Customer Support

You can contact us via email, phone, or live online chat. Additionally, Ouinex's official website offers a detailed Help Center for support information.
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ouinex
ouinex
Unregulated
Legal Environment
0
License Value
0
Risk Management
0
Investor Protection
0
Regulatory Policy
0
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