• Company name: Marantino Capital Ltd
  • Registration/license: None
  • Registration/license requirement: –

About OnlyTrades
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is OnlyTrades safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Is OnlyTrades a regulated forex broker or a scam?

no, OnlyTrades broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

OnlyTrades is a Forex and CFD. It is owned and operated by Marantino Capital Ltd, based in Malta. The contact phone number provided on the website is British, which means the company is targeting UK residents without being authorized in the country. The company is not regulate in the UK by the Financial Conduct Authority, which is obligatory for the companies that provide financial services.

Also the Malta Financial Services Authority (MFSA) has recently issued a warning against Marantino Capital Ltd and OnlyTrades.

It is recommended to check if the broker is regulated before starting any business with it. Unlike FCA-licensed brokers, unregulated ones are not obliged to keep their clients’ money in segregated accounts.

FCA provides a Financial Services Compensation Scheme with upper limit GBP 50,000 of compensation. You can check the list of the FCA-regulated brokers here.

No news available.

One response to “OnlyTrades”

  1. I was robbed by Onlytrades.
    500 EUR are not so much money, but this brazen liars have no limits. In fact if I could find some of them – will be very interesting meeting 🙂

    Best Regards

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