Agreement or Dead Letter? OEXN Accused of Defaulting on Client Profits

An investor from mainland China recently posted a complaint, claiming that the broker OEXN is not trustworthy and violated the withdrawal agreement signed with the client. The investor stated that OEXN had agreed to pay profits totaling $35,582 in monthly installments. However, before the full amount was credited, the platform could no longer be contacted.

The investor said in her post that she first learned about OEXN in June 2024, after an account manager from another platform strongly recommended it and promised there would be no withdrawal issues.

Initially, the investor was hesitant to invest in OEXN, as the platform was newly established and lacked recognition. But after being persuaded, she opened a trading account and deposited $60,000 to give it a try.

After a period of trading, the investor claimed that her account had generated about $46,000 in profit. However, when she attempted to withdraw the funds, the broker denied the request, citing “toxic” as the reason. Although the client did not provide details about her communication with the platform, she insisted that all trades were conducted manually without violating trading rules.

Eventually, an agreement was reached - OEXN would return her capital of $60,000 and then pay her $6,000 per month in profits.

In August 2024, the investor successfully recovered her principal. From August to December 2024, OEXN paid four months of profits totaling $24,000 as promised.

However, in January 2025, OEXN offered to reduce the monthly payments to $1,000, citing a “change in company policy”. The client agreed to the change and received a total of $4,000 between February and May. To date, she had accrued $28,000 in profits, with $7,582 remaining to be paid.

However, payments stopped in June, according to the client. Besides, the broker failed to process her withdrawal request and didn’t even reply to her email.

Driven by frustration, the investor exposed what she described as OEXN's unethical behavior, labeling the platform as "dishonest," "cheating on its clients," and "lacking in integrity."

The customer urged OEXN, hoping that the platform would pay the remaining $7,582 as promised, and not let it affect the platform's credibility.

In addition, the investor revealed that OEXN has organized offline events in several cities in mainland China to promote the platform, and reminded other investors to exercise caution and remain vigilant in their investments.

BrokersView reminds you

CFD broker OEXN is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission (FSC) of Mauritius. Traders from other jurisdictions need to be aware of the risks of investing.