Sasha Trading review – 5 things you should know about sashatrading.com

Beware! Sasha Trading is an offshore broker! Your investment may be at risk.

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Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

Sasha Trading wants us to believe that it represents an established and award-winning broker through which we could trade with peace of mind. But the reality is different – the purpose of this website is to scam inexperienced people out of their money. Let’s take a detailed look at why you should under no circumstances trust your money to Sasha Trading and what more credible alternatives you have.

Sasha Trading Regulation and safety of funds

The most important information about a financial services provider is its regulatory status. Licensed brokers provide detailed information about which company runs them, where it is based, which jurisdictions it is authorised in and which regulatory bodies oversee its activities.

We don’t see any identifying information on the Sasha Trading  home page. The text of the Terms and Conditions states that this broker is operated by a Dutch company named OliNo Energy B.V.

There is such a company, but it is not a forex broker and operates through a completely different domain.

There is no licensed broker on the Dutch financial regulator’s register using the trade name and domain of Sasha Trading. Financial authorities in another jurisdiction, Australia, have blacklisted Sasha Trading.

You should only trust legitimate brokers operating in one of the established financial centres like the UK, EU, USA or Australia. There, the activities of brokers are controlled by powerful regulatory bodies such as UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Commodity Futures Trading Commission (CFTC) in US or Australian Securities and Exchanges Commission (ASIC). Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.

Sasha Trading Trading software

After registering an account, we find that there are only charts with current cryptocurrency and stock prices on the Sasha Trading dashboard. Sasha Trading does not have any trading software.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

Sasha Trading Trading instruments

Sasha Trading has neither the legal authorization nor the technological capacity to facilitate trading in financial instruments.

Sasha Trading Spreads and cost of trading

Sasha Trading does not provide any information on the terms of trade it claims to offer. Genuine forex brokers provide detailed information about the trading conditions. Legitimate companies also offer different account types to suit clients with different experience, capital and investment intentions.

Sasha Trading Maximum leverage

Trading with high leverage allows higher profits, but also increases the risk of sudden and excessive losses proportionally. All leading regulators limit leverage for retail traders.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

Sasha Trading Deposit and withdrawal methods

We weren’t at all surprised that the only payment method accepted by Sasha Trading is cryptocurrencies.

This is the payment method of choice for most financial scammers. The reason for this is that on the one hand cryptocurrencies provide a degree of anonymity and on the other hand they do not allow the defrauded person to ask for a refund.

If you’re interested in legitimate brokers that accept digital currency payments alongside conventional methods, check out this list.

Sasha Trading Minimum deposit

Sasha Trading requires a minimum deposit of 500 USD. For a significantly lower amount, you could open a starter trading account with a leading global brand.

Sasha Trading Withdrawal requirements

Sasha Trading does not specify extraordinary conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.