After Verification: OnlyTrades Is Operating Through The Website Https://www.onlytrades.com/. The Company Does Not Currently Have Any Supervision.
The Company's Website Is Not Currently Operational And Information About The Company Is Not Immediately Available. Traders Are Advised To Pay Attention To The Risks In Case Their Funds Are Damaged.
Since The Broker's Website Cannot Be Accessed At This Time, We Are Also Unable To Obtain More Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Supervision, It Has Been Verified That OnlyTrades Does Not Currently Have Any Valid Licenses.
And Most Non-compliant Brokers Will Not Disclose Providing Other More Direct Contact Information, Such As A Phone Number Or Company Address.
Note: OnlyTrades As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
