✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
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.
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):
All 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 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.
Trade Wave
We must highlight the similarity between a broker (which we believe no longer exists, since its website is no longer active) called Onda Trade and the broker Onda Markets, we believe that they are the same people.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.
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
Telephone: + 34 (91) 060 2248
Email: not provided
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.
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.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”77 ″]
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.
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.
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.
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.
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.
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.
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.
Well, I believe that you are an employee of Onda Markets trying to do damage control ... I did not send you anything.
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
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
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.
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
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
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.
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
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
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]