OasisTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-23 15:49

Abstract：Founded in 2007, OasisTrade is an unregulated brokerage firm based in New Zealand. It offers trading on currency pairs (majors, minors, and exotic), a wide range of CFDs, indices, commodities, precious metals, stocks, and cryptocurrencies.

　　Note: OasisTrade's official website: https://www.oasistrade.com is currently inaccessible normally.

OasisTrade Review Summary
Founded	2007
Registered Country/Region	New Zealand
Regulation	No Regulation
Market Instruments	Currency pairs (majors, minors, and exotic), a wide range of CFDs, indices, commodities, precious metals, stocks, and cryptocurrencies
Demo Account	/
Leverage	Up to 1:200
Spread	Fixed at 4 pips (Basic account)
Trading Platforms	Web-based
Minimum Deposit	$250
Customer Support	Phone: +352 - 27871595
	Email: support@oasistrade.com
	Social media

　　Founded in 2007, OasisTrade is an unregulated brokerage firm based in New Zealand. It offers trading on currency pairs (majors, minors, and exotic), a wide range of CFDs, indices, commodities, precious metals, stocks, and cryptocurrencies.

Pros and Cons

Pros	Cons
A wide range of products	Non-functional website
Diverse account types	Lack of transparency
Multiple customer support channels	No regulation
	No demo accounts

Is OasisTrade Legit?

　　At present, OasisTrade lacks valid regulation. Its domain was registered on Dec 31, 2007, and the current status is “ok”. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on OasisTrade?

　　OasisTrade offers trading in currency pairs (majors, minors, and exotic), a wide range of CFDs, indices, commodities, precious metals, stocks, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type/Leverage/Spread

　　OasisTrade provides Basic, Bronze, Silver, Gold, and Platinum Accounts.

Trading Account	Min. Deposit	Max. Leverage	Spread
Basic	€250	1:200	4 pips, fixed
Bronze	€1 000		/
Silver	€5 000
Gold	€10 000
Platinum	€25 000

Trading Platform

　　OasisTrade offers an in-house trading platform that is web-based.

Deposit and Withdrawal

　　Clients can deposit or withdraw via credit cards, wire transfer, AstroPay and Bitcoin. The minimum withdrawal amount for withdrawals via wire transfer is $1000, while for credit cards it is $100.