✔️ Information reviewed and updated in February 2024 by Eduardo López
Opinions and information about the OnlyTrades broker
¿It is the really reliable OnlyTrades broker? Is it safe for you to invest your money with this company? In this section we will analyze the broker and its reputation as such on the internet. It should be noted that we usually make reviews about brokers with their website in Spanish / Spanish, but in this case, even if they do not have a website in the mentioned language, we also do it due to different comments and emails received from OnlyTrades clients.
We invite anyone who has experience with this company, to leave a comment with their experience and to give a score to the broker according to their experience with it.
The OnlyTrades broker is a forex and CFD broker.
The broker mentions to be part of Marantino Capital Ltd., and mentions having based in Malta.
If we talk about regulation, the broker mentions different points about regulation, but never really specifies its regulation, we believe that it is an UNREGULATED broker.
If we analyze the different types of account that OnlyTrades provides to operate, in this case there are 3: the Basic Account, the Gold Account and the Premium Account.
We will then start with Basic account: advanced trading tools, real-time financial market updates, very attractive promotions, 24/7 customer service and support in different languages, daily market analysis.
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It is followed by Gold Account: different and varied educational resources, advanced trading tools, real-time financial market updates, very attractive promotions and offers, video tutorials, informative and educational e-books (books in digital format), a dedicated account manager, signals operations by SMS.
The last type of account is the Premium accountIn addition to including everything mentioned for the Basic Account and the Gold Account, a specialist will guide you personally, live trading sessions, private consultation sessions, you will be personally guided by an expert investor, daily analysis of the markets premium.
The platforms used to trade are: MT4 (MetaTrader 4).
Now, yes, we will go on to analyze the different resources and aids that the broker provides to traders on its website: explanation of the different instruments with which one can operate, explanation of margins and spreads, forex glossary, and not much else that this. As we mentioned earlier, the website, as all its resources are in English.
OnlyTrades broker features
Additional information about the company
Phone number: +44 203 769 9563
Email: [email protected]
Clarification: The OnlyTrades broker works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is positive, as we have not found negative comments about OnlyTrades, although it should be noted that it is a NON-REGULATED broker.
January 2018 update: Due to a large number of emails from OnlyTrades clients, and also comments mentioning that they were not able to withdraw their capital, we believe that OnlyTrades is not trustworthy, it is also an UNREGULATED broker.
Do you know this broker? Do you think our opinion is not correct? Have you operated with him? Leave a comment with your experience.
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