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Comments on Onda Markets

In this section we will analyze the broker Onda Markets, is a forex and CFD broker.

The broker mentions being part of OndaMarkets Ltd.

As to its location, the broker mentions being based in Saint Vincent and the Grenadines.

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If we analyze the regulation of the broker mentions being registered (not regulated) by a financial regulator of Saint Vincent and the Grenadines (SVGFSA).

If now we go on to analyze account types offered by Onda Markets, we note that it offers 3 different types: the FIX Ecn Account, the Pro ECN Account and the VIP ECN Account.

FIX Ecn account: € 500 minimum initial deposit, fixed spread from 1,8, no commissions, 0,01 minimum order size, ECN or STP execution, expert advisors, technical analysis reports, SMS trading alerts.

This is followed the Pro ECN Account: minimum initial deposit of € 1.000, fixed spread from 0,1, no commissions, minimum order size of 0,01, ECN or STP execution, expert advisors, technical analysis reports, SMS trading alerts, personalized training (from deposits of € 2.500).

The last type of account is the VIP Ecn account: minimum initial deposit of € 5.000, fixed spread from 0,1, commissions of € 2, minimum order size of 0,01, STP execution, expert advisors, technical analysis reports, SMS trading alerts, personalized training and accounts managed.

You can see even more characteristics about the account types of the Onda Markets broker in the following image (apparently the Onda Markets staff did not have time to translate their website completely):

Some specifications about Onda Markets account types
Some specifications about Onda Markets account types

The platforms to operate that Onda Markets offers are: MetaTrader 4 (MT4).

We will now analyze the different resources and aids for traders that Onda Markets provides to its clients on its website.

Onda Markets website
Onda Markets website

Onda Markets provides the following help or resources to traders or interested parties: different explanations of basic concepts in the world of trading (such as swaps, spreads, margin) not much more than that really.

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We must highlight the similarity between a broker (which we believe no longer exists, since its website is no longer active) called Onda Trade and the broker Onda Markets, we believe that they are the same people. Although it should also be noted that we have not found negative reviews about Onda Trade, you can read the Onda Trade section here.

Note the similarity (they are practically identical) between the Onda Trade website and the Onda Markets website
Note the similarity (they are practically identical) between the Onda Trade website and the Onda Markets website

 

Onda Markets and Onda Trade
Onda Markets and Onda Trade

 

Other information about Onda Markets

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: www.ondamarkets.com

Phone number: + 34 (91) 060 2248

Email: not provided

 

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Ending with this section, in our opiniondo we believe that the company Onda Markets is reliable? We are not sure. Why? Although it does not appear to have any reputation on the internet (we believe it is a new broker), it is an UNREGULATED broker, based in Saint Vincent and the Grenadines.

 

Update March 2018: Due to recent messages received from clients of Onda Markets with negative experiences, the fact that the broker is not regulated and that the CNMV has warned about Onda Markets, we believe that it is not a recommended broker, we do not recommend it.

CNMV warning
CNMV warning

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
caution possible broker scam

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

What do you think of Onda Markets? What has been your experience?

 

 

 


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71 comments on «Onda Markets: Rating and comments»

  1. Gaston Reply

    I tried the chargeback services that you suggest here and it went well, it's just a matter of testing, € 8.000 and I was able to recover almost all of them, thank you very much.

    • Recommended Brokers Reply

      Hello Gaston, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.

      For others who want to get their money back, they should try talking to our chat or click on this link:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you want to see our ranking of the recommended brokers 2021 click HERE

      Greetings and good luck.

  2. sebastian Reply

    They enter the account without more than the positions and you have to be investigating with the broker who has entered, they use virtual bonuses to be able to hook you at the expense of often fictitious robots.

    • Recommended Brokers Reply

      Hi Sebastian, thanks for the information about Onda Markets… Is it that they are still active? We thought they no longer worked ... If you have more information about Onda Markets, please share it with us.

      Greetings.

  3. N_N Reply

    I'll say it that clearly -> THEY ARE SOME DEEP CHILDREN, SOME SCAMMERS.

    If you put your money in, get ready to be shown some winning numbers for a few months and then air your account in a matter of hours. Also forget about being able to get your benefits.

    • Recommended Brokers Reply

      Hello N_N, thank you for your comments, we are very sorry for what you mention. Do you remember how you found Onda Markets in the first place?

      Greetings.

  4. Affected Onda Markets Reply

    Good morning to all those affected,

    Those who are interested in taking legal measures against these scammers who send in an email with their data and telling their case to: [email protected]

    We are already several with similar cases and it is no coincidence that the same pattern is always repeated.

    Greetings and encouragement.

    • affected by onda markets Reply

      Well, I believe that you are an employee of Onda Markets trying to do damage control ... I did not send you anything.

      • Affected Onda Markets Reply

        If you were an employee of Onda Markets, you would not be speaking ill of them and actively writing in the forum for people to take legal action together.

        Maybe the employee is you, trying to dissuade the rest of those affected from doing so.

        I have told my case below in detail, you tell yours to see if it is real.
        regards

  5. Mario Reply

    more losses ... I join those affected

    where to learn to trade for real? any recommendation, course, online presentation ...? It is seen that ondamarkets are not always right, I want to take control of my operations. please advise

    thank you and do not despair

    • Recommended Brokers Reply

      Hello Mario, thank you for sharing your experience with Onda Markets with us… On how to learn, on the internet and in specialized forex and investment forums you can find a lot of free material, without having to pay anything…

      A greeting.

    • Affected Onda Markets Reply

      Hello Mario,

      If you have lost money with Onda Markets and want to try to recover it, send an email with your case and data to [email protected]
      They have not lost it due to a bad trading strategy, it is clearly a scam.

      We are a group of affected people and we are organizing ourselves to take action together.

      Greetings and encouragement

  6. Alvaro Reply

    another affected ...

    in my case I keep losing money, does anyone know what the "copy trade" is ...? advise me ...
    when I connect to other managers the account starts to go down, although it also wins depending on the day

    • Recommended Brokers Reply

      Hi Álvaro, thank you very much for sharing your experience with Onda Markets with us… Is that to say that you currently work with Onda Markets? Copy Trade we believe that it is when your account supposedly follows the movements of other traders who have good results. Well, we don't really recommend working with this company.

      A greeting.

      • Alvaro Reply

        Many thanks to recommended brokers, can you tell me where to read more or learn about trading?

        Some copy trade link please, I am a bit distressed… can I win with this?

        if you know of something

        thanks again

        A

        • Affected Onda Markets Reply

          Hello Alvaro,

          If you have lost money with Onda Markets and want to try to recover it, send an email with your case and data to [email protected]

          We are a group of affected people and we are organizing ourselves to take action together.

          Greetings and encouragement

  7. Jose Manuel Reply

    Estimated affected by Ondamarkets

    inform all those affected that a very advanced class action lawsuit is already in process that can see light for all, my experience is none other than the same that I am reading in each of the posts below, I invested my capital and I have not recovered nor a single penny, promises and more promises

    tell all those affected that I can help them, my case is already in the hands of the justice, CNMV and competent authorities with the necessary resources to put these people in jail

    Greetings, do not despair all together we will go to fruition
    [email protected]

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