OnlyTrades opinion

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.

OnlyTrades website
OnlyTrades website

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.
 

claim money with mychargeback

 
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

 

 

Would you like to know the best 2021 broker ? Find out HERE

 

Additional information about the company

 

Phone number: +44 203 769 9563

Email: [email protected]

Website: www.onlytrades.com

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

 


 

OnlyTrades valuation

 

Caution: unregulated broker

Caution, scam broker

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.

 

Are you part of Only Trades? Are you a representative or worker of the company? Write to us here >> use this form << 

 

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Review Rating

41 comments on «Only Trades»

  1. Miracles Reply

    Good morning, I tried mychargeback services to recover the money and it has been good for me, it is the only thing that has worked, thank you very much

    • reliableforexbroker.com Reply

      Hello Milagros, what a fantastic news! We thank you for telling us, we know that sometimes people have doubts but we also know that it is almost always achieved. Our recommendation is that if you intend to invest again, first check the name of the broker on our website or you can also ask us, we will be happy to help you.

      We recommend that all those affected try to recover the money through companies specialized in this type of management from the CHAT that we have on the web or in the following link: Get your money back, we are on your side

      Before making another investment decision, check out this link: https://zuverlassigerforexbroker.com/beste-Makler-2021/

      Cheers.

  2. Eduardo Aguilar placeholder image Reply

    Reading all these comments I think I was very lucky, here is my story:
    It would have been very good to have read this before investing with them, my story begins in September 2017 with a cell phone call from an Alan Flores in which he promised me a 25% return and a minimum of 2000dlls which I could get and I started with They, at first we only carried forex and the profits were minimal but constant then it gave me confidence and increased my capital to more than 10,000 dlls with bitcoin which left us a profit in a month of almost 4000 dlls, perhaps now that I think it fictitious, since later I lost everything I won and after a few minor withdrawals I lost almost 2000 dlls, in the end between what I won and lost my capital was left with a thousand dollars of loss, and in order to withdraw my money I will tell you my strategy the same and someone who is in the same situation works for you.

    I got the cover of a loan from a bank that authorized me 50,000 dlls, obviously it was authorization, I never took the loan. I sent a photo to this Alan Flores since I saw that they were very greedy and with that I could tempt him; Since being on their platform you are at their disposal, they do with your money what they want. (So ​​they let me know in an aggressive call in which they told me that I was never going to get my money).
    Continuing the story after several convincing calls and promising that I would invest such an amount after about two months of not giving in and telling them that I had to check that I could withdraw my money before investing such amount, they agreed and I could withdraw the total of my money to my account. The key is to always play along and convince him that you are going to keep investing until you have the money in your account, you can reveal the trick.
    Finally the money was deposited in my account and the harassment calls began which I was so glad to have the power back and to be able to tell them how fraudulent they are, I just blocked the numbers and it's over.
    And they still had the nerve to talk to me a couple of weeks ago to tell me to trust them which I thought was a joke and I told the same story to the broker and I think he understood.
    The moral of the story is that there is no easy money and it is better to make your own trading strategies and operate with regulated sites.

    Maybe my strategy works for someone and I can get their capital out of these scammers.

    regards
    Eduardo Aguilar placeholder image

    • reliableforexbroker.com Reply

      Hello Eduardo, we thank you for sharing with us your experience with OnlyTrades, it is really a shame what you mention, do you remember how you found them in the first place?

      Greetings.

      • Eduardo Aguilar placeholder image Reply

        If they somehow called my cell phone, I don't know how they got the number, but I suppose they buy lists and dedicate themselves to calling everyone.

        • reliableforexbroker.com Reply

          Hello Eduardo, thanks for the information, what you say is possible, although more often than not, they get your number after registering in an advertisement.

          Greetings.

  3. Juan Carlos A. Reply

    Is there a way to make a claim? They scammed me with 10,000 DLLs, I started in November with 5,000 after we bought Bitcoins and they asked me for 15,000, I only reached 10,000 and so we were working generating profits, in December they diagnosed me with gastric cancer and I want to withdraw my money, they tell me to do a few movements to generate more and with this I lost 10,000 and they only leave me 300 DLLs in my account, now I am in debt with credit cards, without savings and with cancer eating me

    • reliableforexbroker.com Reply

      Hello Juan Carlos, well, what you say is really a shame, it makes us very bad to read your comment. This is the problem of working with unregulated brokers ... You can, for example, contact the regulatory body in your country.

      A greeting.

      • Roger Reply

        Unfortunately in Mexico you cannot do much. The CONDUSEF warns about these types of companies on its website. . As they are not regulated, they cannot do anything to help us get our money back.

        Regards,

        • reliableforexbroker.com Reply

          Hello Rogelio, as you say, that is why it is always better to work with regulated companies ...

          A greeting.

  4. CarlosX Reply

    Did any of those in this thread make an investment in Old mutual?
    I ask to identify a possible source for the contact details.

  5. Manuel Cosio Reply

    I have a few weeks (17/11/2017) that I invested 1,000 USD in Only Trades with a certain Iván Quintero Robles (cell phone 5514352928), telling me of a great opportunity where I could earn 50% of my investment. At that time I did not get the 2,000 that he asked me to enter that opportunity. At 2 weeks (24/11/2017) I invested another 1,000 dollars with Marcelo Darán (cell phone 5572739755) and we began to move an average of 50 dollars per day, which generated a profit of 100 USD (dollars) in a week.

    After 2 weeks I made other movements, this time with Bitcoin and I lost 200 USD, of which I am not complaining, I knew the risk, but a certain Erick Renteria (cell phone 5571649689) told me that I needed to invest more money to strengthen my account, due to to the move made with Bitcoin. At that time (13/12/2017) I had a balance in my account of $ 2,900.

    I spoke with Erick Renteria requesting to withdraw $ 1,000 from my account since I needed it to pay the TDC with which I paid a part and required at that time. Nobody could tell me the process to fund my account, that is, at first everyone advised me to put my money in, but nobody could tell me how to get a part, when from the beginning they told me that I would have solvency whenever I wanted.

    After a couple of days of not having an answer, I decided to take out all my money, I spoke with Marcelo and he told me that I could do whatever I wanted with my money. Erik Renteria told me that he understood my annoyance, to calm me down because I couldn't get my money since I needed to move it longer. That's where the nightmare began ... it calmed me down, it happened to another trader of his "complete confidence" who asked me to make a couple more movements with money, so that when it closed, I could get my money. In those 2 movements 90% of my money was lost.

    As of today, my account has $ 6 and no one answers the phone anymore. I didn't get anything, I lost everything.

    Nobody answers the phone, nobody gives me a reason for my money, nobody tells me anything. Only Trades is a scam, it was me

    3,000 dollars I have no excess, I'm sure no one. If my story can help you, with great pleasure.

    Manuel Cosio

    • reliableforexbroker.com Reply

      Hello Manuel, thank you very much for sharing your experience with OnlyTrades with us, it is a pity what you mention, that is why we always recommend regulated brokers, a greeting.

  6. Antonio Reply

    Hello, I have to express that the same thing happened to me that Rogelio began to work with them in October 2017 also because of a call, and because of the supposed exit to the stock market of Swich, (which never happened) we bought currencies and bitcoin, and just when I wanted me to invest more capital with them and I refused so my advisor called me and we opened operations in silver that I did not know were high risk, the operations began to go to very high negative numbers, and there my name is Erik de Risks to put more money in the account and thus be able to recover, he told me to put in $ 5000 dollars and that in three days I could take them back to pay my credit card, which was where I was going to deposit them. I deposited it and it was also lost, in 2 weeks of having lost $ 7000 dollars, they made me deposit another $ 3000 to recover the account and thus not lose my capital, I got into debt with my credit card because they assured me that in a week I would take out my money and paid my card and so many more lies. I lost $ 14000 dollars and now they don't answer me any of all the guys who dialed me before.
    BEWARE THIS COMPANY IS A FRAUD !!!!! If you don't serve them, they reject you. Get your money out as soon as you can.
    PLEASE!!!
    AND TO THOSE WHO TALKED TO THEM, DO NOT FALL IN INVESTING WITH THEM !!!!

    • reliableforexbroker.com Reply

      Hello Antonio, thank you very much for sharing your experience with OnlyTrades with us, do you remember how you came to find them? It is a pity that the list of those affected continues to grow.

      A greeting.

      • Antonio Reply

        They spoke to me on the phone and convinced me with very good proposals.
        In fact we made a deposit of 100 dollars and the next day withdraw them and so I could ensure that my money could be withdrawn whenever I wanted, but that is just a hook, because there is no fraud, it is only when you no longer want to continue depositing, that is when then they make you lose your capital and practically force you to deposit more to see how far they can steal you !! with the excuse that only then can you recover your entire account.
        I ask you to help me make this information viral on all possible pages, so that it does not happen to more people ...

        • reliableforexbroker.com Reply

          Hello Antonio, thank you very much for sharing your experience with OnlyTrades with us, if you see after our evaluation, you have buttons to share on social networks. Do you remember how you came to find OnlyTrades?

          a greeting

    • Roger Reply

      Agree with Antonio! And what a pity you lost so much money. I barely started investing 1000 USD with the promise that Saudi Aramco would go to market. Since I had trouble making a withdrawal, this company started to give me a bad feeling. . My money was lost in silver, wheat, USD to Euros and GBP to USD trades. Until I started losing money I saw his way of operating. In Sell operations they tell you to put a very low take profit and at the same time they open a purchase operation with a very high take profit so that in this way if the commodity rises or falls you will always have a NEGATIVE operation, generating a loss greater than your profit and that obviously you will not want to take your money, in the same way the operations are opened leaving the STOP LOSS in ZERO !! This means that you can lose all your money in a single trade if that commodity continues to rise or fall as the case may be. This was what made me much more dangerous. What remains for me is, what do they gain when their clients lose money? Are they bagging it, the Only Trades guys?

      greetings.

      • reliableforexbroker.com Reply

        Hi Rogelio, of course we can't be sure, but many brokers of this caliber have a rigged platform, so you've always been looking at a demo platform, with fictitious money, what they earn is the money you send them ...

        A greeting.

  7. JP Reply

    all good until you want to withdraw your investment, there start some invented problems of not believing, they interrupt and slow down communication so that one gets tired, they are surely reading this

    >>>> they are onlytrades rats <<<

    scammers

    • reliableforexbroker.com Reply

      Hi “JP” thanks for sharing your comments about OnlyTrades with us, do you remember how you came to find them?

      A greeting.

  8. Roger Reply

    Beware of this broker. They don't seem to like their clients wanting to withdraw their money. When I tried to make one they questioned me a lot and told me that I had to move it for a while. During that time the operations that his “very trusted” trader named Miguel Caballero advised me to do some operations, in some I won but in others I lost most of my capital. Then they put me through with Erik Renteria who told me that we were going to do some operations to “balance my account. That operation made me lose even more and the system itself closed them so that my account would not have a negative balance. Before that, Nabor Medina from the risk area called me telling me that my money was at risk, since I had listened to his “very trusted” traders. This person insisted on adding more capital to my account so that I could survive the market downturn. Obviously after the experience I had with Miguel and Erik, I did not, I preferred to close the operations on my own, take the loss and recover a very minimal part of my initial investment. Be careful with this trader, better hang up the phone for them, they are not prepared to deal with people, they will not take responsibility and they will only want you to put in more and more money.

    • reliableforexbroker.com Reply

      Hello Rogelio, it's a shame to hear about your situation. Well, one of the problems of NON-REGULATED brokers is that if you want to claim later, you don't have with whom. Do you remember how you came to find OnlyTrades?

      a greeting

      • Roger Reply

        They called me on the phone on my cell phone. I am in Mexico and they have an office here. Their way of selling is that they say that they have information on companies that are about to enter the financial market and that when you enter you will be able to buy shares and sell them in a few days with yields above 25%.

        • reliableforexbroker.com Reply

          Hello Rogelio, thank you very much for your answer. But how did they get your phone number? Maybe you signed up for an ad or something like that?

          A greeting…

          • Roger

            I really don't know. They say they got it from a national database here in Mexico. Today they told me about another broker named Fgmarkets, same initial speech, I just hung up on them.

            Regards,

          • reliableforexbroker.com

            Hello Rogelio, thanks for the info, we signed up to FGMarkets to make a review in the next few days, if you know of any other broker that is acting for your country tell us, greetings.

      • Roger Reply

        They also promised me a 200 USD Bonus that never made me good ...

  9. Alberto Reply

    Hello Daniel, I have also been working with them since October and now in January I have wanted to make a withdrawal and they have not deposited me for two weeks, I am a little worried about my investment.
    Have you already made the withdrawal?

    • Daniel Reply

      I have not been able since November and they tell me that it is a VISA problem, and in my bank they have nothing pending !! Did they tell you something??

      • Alberto Reply

        Hello Daniel

        I tell you that I was able to make the withdrawal, they finally deposited me last night, it took three weeks to complete. I had to upload the 4 documents that they requested, I was missing one and that is why they did not authorize the withdrawal but they did not tell me anything, until after I sent them several emails they answered me this:

        Dear,
        We have been trying to process your withdrawal. The only issue that we are facing is the fact that you did not complete compliance. According to Anti-Money Laundering regulations we are required to identify all customers through certain client provided documents.
        As part of the compliance process we would like to ask you to fill in the attached form with your details and send a signed copy to us. This is needed to confirm the deposits you made to your trading account.
        Please verify that the deposits mentioned in the form correspond to the ones you made to your trading account.
        If you have any questions please do not hesitate to contact support.
        Thank you

        _________________________________________________________________________________________________________
        I printed, signed, sent by mail and uploaded the withdrawal confirmation document to your page and after a week they deposited me, there are 4 documents that you have to upload on your page.

        Note: My card is Master Card

        regards

        • Juan García Reply

          Hi. I have the same problem and they have not given me an answer on how to withdraw my money. Can't you help what were the steps you followed to get it?

          Thanks and regards!

  10. Daniel Reply

    I have been working with them since last August, and I have NOT been able to make ONE withdrawal. I am very worried because I do not know how to change my broker more seriously or that these friends help me with withdrawing my investment.

    • reliableforexbroker.com Reply

      Hi Daniel, thanks for your comments, first of all it is a NON-REGULATED broker, so we suggest caution, have you already tried contacting them and requesting withdrawal?

      A greeting.

      • Daniel Reply

        en Correct, we tried to make a withdrawal in November and they told me that it is possibly a problem with VISA, who is the intermediary between them and my Bank. To date, I have NOT received that "withdrawal"

        • reliableforexbroker.com Reply

          Hello Daniel, very bad, from OnlyTrades, we have also received numerous emails from other OnlyTrades clients mentioning that they have not been able to withdraw money either, we will proceed to update the review then, greetings.

        • reliableforexbroker.com Reply

          One more thing Daniel, do you remember how you came to find OnlyTrades?

          A greeting.

          • Daniel

            That was my worst mistake, it was by phone call from the way they contacted me.

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