If you ask some traders, finding the right broker is the hardest part of Forex Trading. In this review, we will help you find a viable trading partner: Oasis Trade. Forex trading is similar across all platforms. The difference is that different platforms have different advantages over others.
Other platforms have simpler user interfaces. Other brokerages offer bonuses while others don’t. Today we will review Oasis Trade. We will discuss its ownership, user interface, and security. Join me as we get to it.
What is Oasis Trade?
Oasis Trade is a brokerage based in one of Germany’s finest cities; Frankfurt. You can find their Headquarters under the address; Freidrich-Ebert-Anlage 36, Frankfurt, Hessen, 60325, Germany. Oasis Trade under Oasis Tech is a company registered under 24865 IBC 2018.
Opening an Account with Oasis Trade
To open an account with Oasis Trade, you would need a deposit of at least $250. In my opinion, $250 is a fair ask. The process is simple. You have to provide some personal information as the law requires. It doesn’t take long for Oasis Trade to set up your account.
Once your account is set up, you have a choice of five account types. Here is a breakdown of each account type and the benefits
1- Basic Account:
You get a 20% welcome bonus on your first deposit, access to Oasis Trade’s support services round the clock between Monday to Saturday, access to Oasis Trade’s Education Center, where they teach the basics of trading and you also get a daily market review from the market analysts. Each holder of Oasis Trade’s Basic Account gets access to price alerts and pro webinars. The minimum deposit on the Basic account is $250.
2- Bronze Account:
Should you opt for the Bronze Option, you get all the benefits of a basic account. You also get a 40% welcome bonus on your first deposit. You also get access to the Junior Account Manager. The Oasis Trade Account Manager is your account assistant available to answer your questions. To open a Bronze Account, you will need a minimum deposit of $1000.
3- Silver Account:
The silver option offers all the benefits that you find in the Basic Account and more. You get a senior account manager, a 60% welcome bonus and silver spreads. You also get Silver Signals. The minimum deposit for the Silver Account is $5,000.
4- Gold Account:
The minimum deposit valid to open a gold account is $10,000. With your first deposit, you get an 80% welcome bonus on your first deposit. The Gold Account comes with added benefits. You get the Executive Account Manager which provides you with bi-weekly market forecasts. You also get Gold Signals and Gold Spreads. Twice a month, you get a one-on-one trading trainer assigned to you.
5- Platinum Account:
To open a Platinum Account, you will need a minimum deposit of $25,000. For your first deposit, you get a 100% welcome bonus. The platinum account comes with exciting offerings. You get the VIP Account Manager, Platinum Spreads, and Platinum Signals. Once a week, you get one-on-one trading trainer assigned to you. You also get exclusive position access.
Assets to Trade
There is an impressive range of assets to trade under Oasis Trade. You can buy and sell stocks, cryptocurrency, Forex, indices, and commodities. In my opinion, Oasis Trade has a clear advantage over its competition in its cryptocurrency portfolio.
Oasis Trade features lesser-known Crypto options. Apart from Bitcoin, Ripple, and Etherum, you can trade EOS, TRON, IOATA, and NEM.
The Technical Side of Oasis
Oasis Trade operates on a web-based trading platform. You can access this platform through PC, mobile, and Tablet devices. The web-based platform is for users of varying degrees of experience. It is simple to use and easy to master.
Oasis Trade offers secure deposit and withdrawal channels. You can transact through VISA, MasterCard, Comodo, and AstroPay. Oasis Trade uses the same security systems employed by banks to secure your money.
Oasis Trade provides primary education as you sign-up to trade on their platform. Even after you set up your account, there are extra avenues and opportunities for trader education. All account holders enjoy Oasis Trade’s Education center.
Basic and Bronze Account holders get access to basic education on trading. Silver and Gold account holders enjoy the complementary Advanced Education Module. The Elite or Platinum Account holders have access to the PRO Education Module.
Platinum and Gold Account holders enjoy the One-On-One Trading Training Program.
Oasis Trade’s customer support is live over 24 hours a day, six days a week. You can access customer support services via phone, e-mail, contact forms, and webchat. My experience with the web chat was good. I found the chatbot to be responsive and accurate.
They also feature a call back option if you are interested. Oasis Trade has a line-up of multi-lingual customer care agents ready to serve you. They have a deep understanding of the financial market, and I found their assistance very helpful.
Apart from their offices in Frankfurt, Germany, Oasis Trade has many administrative posts all over the world. They have offices in Singapore, Switzerland, Australia, and Hong Kong. Oasis Trade is a legally registered entity.
I would happily recommend Oasis Trade to both experienced and new traders. If you are searching for a new brokerage, Oasis Trade is the platform for you.