Here is my Ferengui fleet. These are D'Kora class starships, from Micro Machines, and come pre-painted to a good standard. I just added some controlled washes here and there, and then a couple layers of highlight. Now they look much better, I think.
Even though the Ferengui didn't actually took part in the Dominion War, they were a significant power on that region of the galaxy, and might well be featuring as allies to one side or the other in my games.