Oasis Trade is a non-regulated and unlicensed Forex and cryptocurrency broker that first launched in November 2018. Owned by Oasis Tech Ltd., the company has an address at Suite 305, Griffith Corporate Centre, Beachmont Kingstown, Saint Vincent, and the Grenadines.
Their registration number is 24865 IBC 2018 and the main phone number is based in Luxembourg (+352 2787 1595) while the email address for compliance is email@example.com. The official brokers’ website is www.oasistrade.com
Basically, this Forex and crypto broker leads many to believe that it is a real one – while it is actually a scam. While going through their website, we can see that they are offering a full range of assets in the Forex, crypto and metals markets.
Basically, Oasis Trade offers its investors the simplicity and easiness to use the Panda trading platform but is only available as a web-based online trading platform. So, if you are looking for a broker with mobile trading apps, check out our Bitcoin brokers list.
The popular cryptocurrencies are still available at Oasis Trade, including the names of cryptos like Bitcoin, Ripple, Ethereum and Bitcoin Cash. The site also offers support for IOTA, NEM, TRON, and EOS.
Oasis Trade offers five account types and the main difference between each is their welcome bonus. The minimum deposit for a Basic account is set at $250 while the minimum withdrawal amount is $100.
Still, Oasis Trade is not a regulated broker which means that your funds are not safe with it. Thereby, it is potentially a scam and there are not many online user reviews to confirm its authenticity or legitimacy.
We strongly suggest for you to consider the popular Forex trading options from our list and choose a Forex broker that is regulated, reliable and known for going the extra mile to ensure that every user has what they need to trade safely and without any issues.