Score

1.53 /10
Danger

Oceanic Forex

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Oceanic Forex · Company summary

GENERAL INFORMATION

Oceanic Bliss FX is a Forex Broker offering Forex Trading services via MetaTrader 4 and MT4 Mobile trading platforms. Regarding orders execution model, Oceanic Bliss FX is a b-book broker (market maker). Oceanic Bliss FX offers trading of currencies, indices, futures, CFDs and commodities. Oceanic Bliss FX is unregulated.

OceanicBlissFX is a MT4 forex and CFD broker that claims to be a subsidiary of Oceanwood Capital Management, which is regulated in Malta. However, we suspect that OceanicBlissFX has nothing to do with this company and is just another broker operating without a license. Its website is not very informative and seems crappy. What is worse, the spreads on brokers demo platform are high and also feature commission fees.

ACCOUNT AND LEVERAGE

In OceanicBlissFX several account types are mentioned, such as Cent, VIP, ECN, but nothing more, like the minimum deposit and the trading features of each.Besides, OceanicBlissFX offers very high leverage levels, reaching 1:1000. Using leverage ratios that high means that if the market moves against you even in the slightest, you will most likely lose everything.

TRADING INSTRUMENTS

Oceanic Bliss FX offers trading of currencies, indices, futures, CFDs and commodities. Oceanic Bliss FX is unregulated.

TRADING PLATFORM

This broker supports the good old MetaTrader 4 (MT4), desktop and mobile versions available.

MT4 is an internationally acclaimed trading software, offering a full set of trading tools and features: a number of built-in technical indicators, advanced charting package, wide range of Expert Advisors (EAs) and extensive back-testing options. Traders can download ready-made or create their own EAs and let the program do all the work.

DEPOSIT AND WITHDRAWAL METHOD

We could not find any information about the payment methods supported by OceanicBlissFX as the website is not accessible. We suppose it must use credit/debit cards and bank wire transfer.

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