Ocean Markets Review
Reason to avoid: Offshore License
Listed Date: November 16, 2022
Top 3 Forex Brokers
Beware Ocean Markets is a Non-Regulated broker. It is NOT SAFE to trade.
- Our Review
- Ocean Markets User Reviews
- Ocean Markets News
Is Ocean Markets Scam or Legit Broker?
Ocean Markets is not a legit broker. It is impossible to find any information about the broker’s license or its regulations.
- On the Ocean Markets website it is mentioned that it is owned and operated by Valep Ltd, Marshal Islands. In contradiction, the contact number is British which leads to doubts. Moreover, the terms and conditions of the broker are close to European regulations.
- Trading with Ocean Markets might put the client’s investment at risk since it is not a Regulated Broker and clients are not protected by any tight and reliable regulations.
Marshal Islands is notorious for its practically absent requirements and regulations. Due to the low setup cost, there are almost no regulations and rules present. Therefore, it became an offshore zone for shady forex brokers such as Millennium FX, Umarkets, and more.
About Ocean Markets
| 🗺️ Registered in | Marshal Islands |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is Ocean Markets safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
What Is Ocean Markets?
Ocean Markets claims to be a developing broker in the global trading market. They boast of providing the best conditions for investment and trading, as well as the most up-to-date information on economic and political events to investors. Ocean Markets offers its users CFD, Forex trading, commodities, indices, and other assets.
Ocean Markets gives access to an array of innovative tools. It provides 24/7 customer service.
- However, no matter how attractive Ocean Markets’ offerings are, it is still an unregistered and unregulated broker, and signing in with it means putting the investment at risk.
- Besides, based on our research, we have accumulated a large number of complaints regarding Ocean Markets’ withdrawals. Clients complain that they are not able to withdraw their money even after months of trading and depositing.
Overall Ocean Markets Ranking
Taking into account our revelations on the safety of Ocean Markets, we do not rank positively Ocean Markets, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
- Ocean Markets Overall Ranking is 3 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
| Ranking | Ocean Markets | AvaTrade | BDSwiss |
|---|---|---|---|
| Our Ranking | ⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Is Broker safe? | No | Yes | Yes |
| Advantages | None | Trading Environment | Trading Instruments |
Ocean Markets Alternative Brokers
Based on our finds and issues with the safety of Ocean Markets, here are much better Alternatives to Ocean Markets with good regulations and excellent conditions. We select Good Brokers and reliable options for your comparison below:
- BlackBull Markets – Good for High Leverage Trading
- HFM – Low Forex Spread Broker
- IC Markets – Excellent cTrader Broker
Account Types
Ocean Markets offers a range of account types, designed to meet traders’ expectations. For beginner traders, the broker offers Starter’s account. The minimum deposit for this account type is $500. Silver or Gold accounts have a higher entry threshold, but they offer more options and provide access to additional services. Experienced traders choose either Platinum or VIP accounts.
Ocean Markets Deposit & Withdrawal
Ocean Markets offers different funding methods, including Visa/MasterCard, Neteller, and Skrill. The minimum deposit is $500 for Starter’s account. The broker also offers different bonuses that are determined by the volume of trades.
- To get access to the earned money on the account, traders need to reach a certain limit to withdraw the funds. In case, traders decide to withdraw the money before the limit is reached, all the funds on the account will be cleared.
- It is worth mentioning that clients have a lot of complaints regarding the withdrawal process. Many cannot withdraw their money even after months of trading and depositing.
Trading Platforms
Ocean Markets offers a range of different trading platforms: xCritical online - mobile and desktop platforms, MetaTrader4, MetaTrader5.
- xCritical online offers more than 170 trading instruments, built-in technical advisor Autochartist, the ability to lock and duplicate positions, online support chat, etc.
- With Ocean Markets traders also have access to the popular MT4 and MT5 platforms, enabling access to modern development technologies and a user-friendly interface, providing the best tools and features for favorable trading.
Ocean Markets Review Conclusion
Based on our professional experience and conducted research, we do not recommend Ocean Markets. There are many questions in regard to the trust of the Ocean Markets company services and the manner they do operate the online trading itself. Besides, many traders shared their negative experiences with numerous complaints and were asking us to assist with resolving, see Ocean Markets Inquiry here.
We strongly advise opening a trading account only with tightly regulated brokers with good standing (UK brokers or brokers in Australia), that will provide a safe and secure trading environment, such as HotForex, and BlackBull Markets.
- Overall ranking and experience for Ocean Markets is Negative
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Isa rin ako sa biktima ng oceanmarkets na ito, i share ko lang mga name ng mga walanghiyang scammer dito, sila sina Ace Fernandez, Scott Tolintino at Aimee Perez kono. Baka madagdagan pa ang mga biktima ng mga ito
May nauuto pa ba si ocean market? DAVID , JAMES naku sino pa kaya nabiltima nila?? I hook ka nila mag deposit plus pag malaki na funds mo, hahayaan nila masunod accnt mo para magmukang sunog trade mo or pauutangin ka nila with their company funds kuno, kawawa mabibiktima nito, muntikan na ko pero nakioag patatintero ako para makuha ko pera ko, mga mukang pera yang mga yan, walang konsensya, halang mga kaluluwa, dito lang din sila sa pinas, gamit lang nila toaming numbet para mag mukang UK or singapore. Never yan tatawag sa inyo na kita ang muka or video call, iba din gamit nila profile pic
Nice broker.. Thanks for guiding me… Di ako ma tututo and earned ng profit without this.. At first I thought. di totoo to but after searching some reviews.. yes totoo pala na may clone sila since maganda yung comapany
Ocean Market is legit scammer. wag nyo na subukan masisira buhay nyo. sa simula palang nagdududa na ako sa kanila. lagi sila tumatawag iba-ibang number ginagamit. para saan yun? para di mona sila makontak pag nabiktima ka na nila.
From Maxine Mercado to Cindy Ortega to Timothy now… (+) and (-) feedbacks😵💫
Me: “?????!!!!!”🤔😔🙄
Not given a chance for w/rawal even I ✅️followed their instructions
✅️attended trainings
Ako din po naloko Ng ocean market, Filipino po ang tumatawag sa akin, naghihirao po ako,Hindi ko na makontak si Cindy Ortega, si Russel Mejaris, Anne Dizon..mga wala Silang awa. Ano ba ang pwede Kong gawin? Maibabalik pa po bah ang pinuhunan ko sa kanila?
si Russel Mejaris din tumawag sakin. sobrang kulit araw-araw tumatawag iba’t ibang number ginagamit. pinipilit nila ako magdeposit ng malaking halaga kahit di ko afford. sabi kopa di ko kaya nag hinihingi nila pero pinipilit talaga ako. mag loan daw ako sa mga lending app. magalin lang sila sa simula pero habang tumatagal nakaka duda na. kaya mag-ingat kayo.
scam po ang ocean market wag po maniwala lalo kay Mr. Timothy Cruz ninakaw niya ang perang invest ko hindi na siya macontack since sinabi ko na magwithdraw ako
Mag file ka ng complain letter mo sa dispute@oceanmarkets.biz
para matugunan nila ang issue mo para makita kung sila ay legit na company.
naka file ka na ba? sa dispute @oceanmarkets.biz anu nangyari. I lost $13,500.00, under coatch Timothy cruz.Sa isang buan lang nahuthut nya ang june nakuha lahat na13,500.00 sa galing mag papaniwala na magtiwala sa kanya.Naka withdraw ng 2k, after wala na. He also coach me para pala ma zero ang account at hihingi sya ng $20,000 to buy out may account. Mga walang awa, kahit binta mo pa kaluluwa mo hindi mo makita ang 1,100,00 m sa pera natin, sabi nya partner , scammer pala ang ogag.!!!
Pano po kayo nkapagwithdraw sa kanila maam?
I had the opportunity of having an account with ocean market- at first they are so good explaining how to take advantage over forex, but after, the promise training is not consistent, I only had 2 sessions and i dont really consider it as a training coz she will always talk about getting me an insurance to all my trades, I explain I cant afford it, instead of training me to gain such confidence first, she is upset and after until this very moment, she didnt calls me or the other personnel or account personnel incharge with me, I am really dissapointed. I will not recommend this ocean market. Dont let your hard earn money will go to waste.
I cannot access their website for 3weeks now. What do I do next?
oceanmarkets.biz or oceanmarkets.org are all scampanies 100% . Dont trust anyone online when it comes to your hard earned money.
That’s a good question why they still can operate even they have some issue.
Ill fight oceanmarkets dahil sakanila nakapag tapos ng pag aaral kapatid ko
Send a copy about a proof of widrawal slip from Ocean Markets if they really really a legit broker.
Show your widthrawsal slip kung totoo sinasabi mo
Oceanmarkets is the best company for me una di ako naniwala pero when I try nakapag withdraw man ako nakinig lang talaga ako sa advice ng nag turo saken. Dahil dito napatapos ko bahay ko so ako mismo makapag sasabi totoo sila
hi there may i speak to you? i do have question lang na nag papatunay na totoo si oceanmarket. balak ko sana mag trade den.
pde mo ba ako kontakin king totoo sinasabi mo please kaso 1000$ na ma amg na deposot ko sakanila pero nag wiwowdrW nako dona nila ko konokontak kung totoo sonasabi mo bihay mo skin kunh pano kita makokonak pra makapag usap tayo. please help me.
tutuba talaga
Sa dinamidami ng mga nilokong tao ni oceanmarkets ikaw ang bukodtanging nakinabang sana toyoo yang sinabi mo o isa ka sa kanila.
Gentlemen,
I was a victim of this broker. They do not want to return (can’t withdraw) my account balance. In addition, I was given a Certificate of Stake in Ethereum but now they zero all my balances, the Certificate is no longer honored.
May sue or file a complaint against them? If yes, where?
Thank you and best regards,
My 42.k balance turn to zero all yesterday. 2 mo.ako nag trade starint to 450 dollar , then encourage to add 15 thousand dollar.for silver account then I was given back2dollar…my accnt goes up to 30 dollar. My coach upgrade it , so it become 35 Dollar. However , they don’t give me insurance ,dahil it need addtl amout, my open PnL bicome big , and free balance become ,small. So nag AGAW BUHAY.
For a while , I keep asking them my withdrawal, kahit sa profit nalang iawas Wala talaga. Wala rin Ang liquidation na Sabi 2 or 3 weeks.naghirap Ako. I recover my accnt fast 50k USD, very healthy, I was suggested na lakihan Ang amount to trade.para Malaki Ang kita Not Knowing lumalaki Ang margin. If the market go against you , u will lose big. Bumaba Ang equity so Ang manager tumawag na I have to deposite 5k USD, naka abot pa so sa 68thousand dollar.. (that’s 3.5 million mahigit…kahapon July 28 the market goes down ,na datnan ko nalang na my balance are all .00
I ask .my coach about it Sabi I need to Buy up 20k or 1 million in order to recover. Or else , they will sell my account.
Summary of their error are:
1.
No terms and conditions
2. You can’t withdraw ( kahit sa profit)
3. I wasn’t paid for the liquidation of trading as promised.
4. Refusal to set stop loss, exit entry , no insurance kahit na Malaki na Ang accnt.
5. Continue to ask money .
6. They threat to auction my accnt which is illegal accdg to research.
7.i wasn’t given proper Education and guidance as trader
8.Pushing me to invest more or to give money more.
I ask my coach may makuha paba ako.sagot Wala.
I really feel sad to the trust I vested for them , money , time effort.na punta lang sa Wala.
Ps BING.COM RECOMMENDED GOVT AUTHORITIES TO BE REPORT.
Ano po ang gagawin natin, Hindi ko na rin makontak manager na naghandle sa akin, Cindy Ortega, Russel Mejaris. Hindi ko mawidthraw Pera ko. Anong gagawin ko. Mga Pilipina at Pilipino po ang tumatawag sa akin. Maawa naman sana sila, may mga anak akong umaasa sa akin. Patulugin sana sila Ng konsinsya nila. Matakot sana sila sa Diyos.
Any update mam
Why is ocean marketing abke to operate under xcritical if they are scammers?
It’s nearly impossible to find knowledgeable people in this particular topic, but you seem like you know what you’re talking about!
Thanks