Weex
Read all reviews for Weex →
I am reporting a coordinated fraud…
I am reporting a coordinated fraud scheme on WEEX involving their Elite Trader 'Чепр Трейд' (Telegram: @CHEPR777). This affiliate attracts users by advertising safe 25x leverage trading in his 31k+ followers channel (I have screenshots of his ads). However, once I started copy-trading, the trader executed orders with 400x leverage (Order ID: 702713134728610635), which led to the instant liquidation of my account. My total loss is $891.43 USDT. This is a clear "Churn and Burn" scam where the platform allows an affiliate to use extreme leverage that contradicts their public marketing. WEEX support (Ticket by Erdal) has been notified but refuses to provide a refund despite clear evidence. I have already initiated formal complaints with the Monetary Authority of Singapore (MAS) and the CFTC. Do not deposit money here! My UID: 7266556575