Oasis Trade Review – Is Oasis Trade a Scam Broker?
- Website: OASISTRADE.NET
- Website Availability: NA
- Address: Suite 730 566 Powlowski Manors, Wileyland, Australia
- Warning: Financial Conduct Authority
- Website Domain Age:
- Name: OASISTRADE.COM
- Registry Domain ID: 1367742257_DOMAIN_COM-VRSN
- Registered On: 2007-12-31T02:50:19Z
- Expires On: 2025-12-31T02:50:19Z
- Updated On: 2025-01-29T15:30:15Z
Oasis Trade Warning Signs That Shouldn’t Be Ignored
Oasis Trade: An Overview
Oasis Trade, a.k.a. Oasis Tech Ltd, is praised as an online trading platform that offers investment options for traders. The traders can log on to their respective accounts to manage their investments via the Oasis Trade login portal. However, questions have been raised about the legitimacy and functioning of the platform.
The Illegal Investment Portal
The Australian Securities and Investments Commission (ASIC) has issued a warning against Oasis Tech Ltd, trading as Oasis Trade, pointing out that the company does not hold an Australian financial services (AFS) license, therefore, it is unauthorized to offer investment services in Australia. This absence of proper authorization constitutes a clear indicator that Oasis Trade is operating illegally in the region.
Unknown Investment Instruments
Another point of criticism against Oasis Trade is its failure to provide precise information concerning the investment instruments available for trading. Unlike other reputable trading sites that provide detailed information on all assets being traded, Oasis’s offerings are unclear, making it hard for an investor to make a sound investment. Such vagueness raises questions regarding the credibility of the platform and the safety of user funds.
All these points culminate in warning potential investors to tread carefully and conduct thorough research before engaging with Oasis Trade. Proper licensing and transparency about instruments on offer are two crucial aspects in respect of any trading platform that should be ensured before protecting the investments.
Why You Should Be Cautious?
We have been tracking fraudulent brokers and shady investment schemes for many years. We continuously keep our eyes on different schemes in the market that may be targeting the traders. After many years of research and countless real-life cases, we now know how these scams operate and how they trick innocent people.
Big promises, unreasonably high returns, and withdrawal issues – these are classic investor-trapping techniques.
If looking to trade with Oasis Trade, be cautious. Thorough research and intelligence observation are necessary so that an individual does not fall prey to any deceitful practices or tricks.
Beware of Trending Financial Scams
Scammers keep on establishing new skills to exploit innocent people. Some of the most common scams include:
- Investor Impersonation Scams: Fake investment firms promise high returns for a short time; then, they vanish with all deposits.
- Romantic Scams: Fraudsters pretend to create online relationships just to gain the financial trust of the victims before they manipulate them.
- Gift Card Scams: The criminals insist that the payments should be done by gift Card, hence creating irreversible transactions.
- Bank Account Fraud: Unauthorized access and identity theft are at play for the cause of drained bank accounts.
- Phishing Fraud: Emails and messages trick people into sharing private information.
- Cryptocurrency scams: Fake exchanges and Ponzi schemes trick traders into losing money.
- Forex scams: Unlicensed brokers manipulate trades and withhold withdrawals.
- Ransomware: Scammers demand ransom to release the data they have locked up.
When doing financial transactions online, always be observant and handle it cautiously. Meanwhile, verify the legitimacy of a particular broker.
How to Recover Lost Funds?
Losing funds on the Oasis Trade or a similar platform? Don’t be disappointed. We specialize in tracing scam brokers and helping those affected take proper measures for fund recovery. We provide professional advice in chargebacks, litigation, and reporting scams with the relevant authorities.
Contact Us for a free consultation regarding the recovery of your funds.
About Proupshot
Proupshot.co is dedicated to revealing every fraudulent broker and delivering accurate information to a trader. We aim to protect investors from scams or fraud in finance and also help victims in recovering their lost funds.
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Also, read TCEHK Review.
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