Warning: Is Oasis Trade a Scam?

Investigation: Oasis Trade (oasistrade.net)

Our experts advise you to avoid Oasis Trade (oasistrade.net).

We found that it is located at Suite 730 566 Powlowski Manors, Wileyland, Australia, and the support email is support@oasistrade.net.

Oasis Trade claims to be a trading firm, but it appears currently not authorized by any top-tier authority, like the ASIC or CySEC.

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Is Oasis Trade Safe?

Our check confirms that Oasis Trade lacks a valid license.

Trading with unregulated entities is highly dangerous. Real firms are must be licensed with agencies like the FINRA or FCA to ensure consumer safety.

Oasis Trade operates without this protection. As a result, there is no legal recourse if they keep your funds. Most online scams use unlicensed actors, and getting back funds from them is challenging without professional help.

For instance, in the UK, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not members of regulatory bodies, so your money is completely exposed.

Common Scam Tactics

Online trading fraud is evolving. Scammers use social engineering to take wealth. Below are typical tactics used by brokers like Oasis Trade (oasistrade.net).

Dating App Scams

The "Romance Scam" is a cruel tactic where scammers build trust over weeks. They fake a relationship on social media. Eventually, they mention a "lucrative" investment. It's a trap to get you onto a scam site .

Rigged Platforms

Fraudsters build websites that mimic legit trading apps. They have charts and profits that increase. But it is a simulation. The broker controls the numbers to convince you to deposit more. If you ask for a payout, the "profits" disappear.

Red Flags

• Unsolicited Contact: They call you from "brokers" out of the blue.
• Unregulated: The firm lacks legal registration.
• Guaranteed Profits: They promise 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: Agents push you to invest bigger amounts.

Do not trust fake reviews. Scammers often post their own 5-star reviews to appear real.

Verdict

Our verdict is to block Oasis Trade. It appears to be a scam. Save your funds and find a licensed broker. Avoid oasistrade.net at all costs.