In this review, we will describe why Oasis Global is a scam that you should avoid at all cost !
Is Oasis Global Legit?
Looking at Oasis Global website, it shows that they are owned by Oasis Tech Ltd. Oasis Tech Ltd ltd is located in Saint Vincent and the Grenadines, a well-known offshore zone and a preferred location for shady brokerage. Oasis Global is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why Oasis Global is a dangerous broker to deal with.
Are Funds Safe with Oasis Global ?
With such lack of information and Oasis Global being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is Oasis Global is withholding vital information to users.
Oasis Global could go bankrupt from one day to another since there are no banking information about this broker.
Oasis Global Review: our Conclusion!
Oasis Global Scam Review
Have You Been Scammed By Oasis Trade ?
Indeed, The US CFTC reported that in a period between mid-April 2014 and the present, Oasis International Group received approximately $75 million from pool participants for investment in two commodity pools—Oasis Global FX, Limited and Oasis Global FX, SA (collectively, the “Oasis Pools”). According to the press release, the Oasis Global participants hid their fraud, giving false account statements to the participants in the pool. Source : here