OneTrade Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of OneTrade Trading Company
OneTrade is a financial services. Here at OneTrade traders can take advantage of the most competitive spreads as the company aggregates its liquidity from the leading banks, non-banks, MTF, and ECNs from all over the world. The company gives customers access to STP/DMA trading in Spot Forex, Metals, CFD indices, and Commodities. Therefore the company takes absolutely no risk due to the customers' trading operations.
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Trading Conditions for OneTrade Users
💻 Trading platform: | MT4, mobile and Web Trader platforms |
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📊 Accounts: | Demo/Real |
💰 Account currency: | USD, EUR, GBP |
💵 Replenishment / Withdrawal: | Skrill, Credit/Debit Card, Bank Transfer. |
🚀 Minimum deposit: | 100 USD |
⚖️ Leverage: | 1:100 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 |
💱 Spread: | From 0.7 p |
🔧 Instruments: | Forex, Metals, CFD indices and Commodities. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile Platforms |
➕ Affiliate program: | No |
📋 Orders execution: | Market execution |
⭐ Trading features: | Social Trading |
🎁 Contests and bonuses: | No |
Contacts
Foundation date | 2009 |
Registration address | 1-2 Broadgate Circle, London, EC2M 2QS. |
Official site | onetrade.com |
Contacts |
Email:
support@onetrade.com,
press@onetrade.com,
Phone: +44 (0) 203 582 3171 |
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
FAQs
Why has OneTrade been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against OneTrade by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of OneTrade is down, not updated or operates with clear errors and some features are not available;
• OneTrade has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if OneTrade got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why OneTrade got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from OneTrade?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if OneTrade is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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