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Danger
AU ASIC
2023-02-23
Warning
SG MAS
2019-06-17
Investor Alert List 
OasisTrade
No Regulation
Score
1.53 /10
Danger
OasisTrade
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.16
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Regulatory disclosure
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2024-12-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
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.
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