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CHINA OCEANWIDE Forex broker specializes in providing foreign exchange trading services, the company's official website http://fanhaiqh.com/..., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts to enhance the security of the company's address

CHINA OCEANWIDE Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
泛海期货
Abbreviation
CHINA OCEANWIDE
Company employee
--
QQ
549427929
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

CHINA OCEANWIDE broker review

Rating Index

  

China Oceanwide Forex Broker - Complete Information Guide

  

1. Broker Overview

  China Oceanwide Holdings Group Co., Ltd., founded in 1985, is a prominent Chinese conglomerate with a diverse portfolio that includes financial services, real estate, energy, culture, and media. The company's headquarters is located at 3 Embarcadero Center, San Francisco, CA 94111, USA. As a private entity, China Oceanwide has built a significant presence in the global market, particularly in North America, where it focuses on real estate investments and financial services.

  Over the years, China Oceanwide has expanded its operations internationally, with notable milestones including its acquisition of Genworth Financial for approximately $2.7 billion in 2016, a deal that has undergone extensive regulatory scrutiny. The company's business model primarily revolves around retail forex trading, institutional services, and property development, catering to a wide range of clients from individual traders to corporate investors.

  As a China Oceanwide broker, the company has established itself as a key player in the forex market, providing various trading products and services to meet the needs of its diverse clientele. The firm operates under the umbrella of its parent company, which has interests in multiple sectors, further enhancing its capabilities in the financial domain.

  

2. Regulatory and Compliance Information

  China Oceanwide is subject to regulatory oversight from various authorities, including the Hong Kong Securities and Futures Commission (SFC). However, it is important to note that the broker's regulatory status has been marked by suspicious licensing and a high potential risk associated with its operations. The license number of its licensed entity, Ark Futures (Hong Kong) Limited, is AJD535.

  Currently, the broker holds a suspicious regulatory license, and there are warnings about its low score, suggesting potential clients should exercise caution. Reports indicate that China Oceanwide has no valid regulation at this time, which raises concerns about investor protection and the safety of client funds.

  The company claims to implement a Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance policy, ensuring that it adheres to necessary legal frameworks. However, the effectiveness of these measures remains uncertain due to the lack of robust regulatory oversight.

  As a China Oceanwide broker, the firm is expected to provide client funds segregation policies, but specific details regarding the investor compensation fund participation are not disclosed in publicly available materials.

  

3. Trading Products and Services

  China Oceanwide offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker provides access to a variety of forex pairs, including major, minor, and exotic currencies, catering to both retail and institutional clients.

  In addition to forex trading, China Oceanwide also offers Contracts for Difference (CFDs) across several asset classes, including:

  • Indices: Major global indices available for trading.
  • Commodities: A selection of commodities such as gold, oil, and agricultural products.
  • Stocks: CFDs on various stocks from leading companies.
  • Cryptocurrencies: A limited range of cryptocurrency trading options.

  The broker frequently updates its product offerings, ensuring that clients have access to the latest market trends and trading opportunities. Retail trading services are a core focus, with tailored solutions for individual traders, while institutional clients can benefit from more advanced trading options and support.

  Moreover, China Oceanwide is also involved in providing white-label solutions and asset management services, catering to businesses seeking to enter the forex market without the need for extensive infrastructure.

  

4. Trading Platforms and Technology

  China Oceanwide supports the widely recognized MetaTrader 4 (MT4) platform, providing traders with a user-friendly interface and advanced trading tools. The broker may also offer MetaTrader 5 (MT5), enhancing the trading experience with additional features and functionalities.

  For clients preferring a more customized experience, China Oceanwide has developed its own proprietary trading platform, designed to meet the specific needs of its users. The broker also provides a web-based trading platform, allowing for seamless access to trading accounts from any device with internet connectivity.

  Mobile trading is supported through dedicated applications available for both iOS and Android devices, ensuring that clients can trade on-the-go. The broker operates under an ECN execution model, which typically offers tighter spreads and faster trade execution.

  China Oceanwide's servers are strategically located to ensure optimal performance and minimal latency for traders. The broker also supports API access for automated trading, allowing clients to integrate their trading strategies with the platform's infrastructure.

  

5. Account Types and Trading Conditions

  China Oceanwide offers a variety of account types to accommodate different trading styles and preferences. The standard account typically requires a minimum deposit, with competitive spreads and commissions.

  For more experienced traders, the broker provides advanced account types, such as:

  • VIP Accounts: Tailored for high-volume traders, offering enhanced services and lower trading costs.
  • Professional Accounts: Designed for institutional clients with specific trading needs.

  Additionally, the broker may offer Islamic accounts that comply with Sharia law, as well as corporate accounts for businesses looking to trade in the forex market.

  China Oceanwide allows for a demo account to help new traders familiarize themselves with the trading environment without financial risk. The leverage offered varies across different products, enabling traders to maximize their trading potential while managing risk.

  The minimum trade size and overnight fees are also clearly outlined, ensuring transparency in trading conditions.

  

6. Fund Management

  China Oceanwide supports various deposit methods, making it convenient for clients to fund their accounts. Accepted payment methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets (specific options may vary)

  The minimum deposit requirement varies depending on the account type, with processing times generally ranging from instant to a few business days, depending on the method used.

  While the broker does not explicitly detail any deposit fees, clients are advised to check with their payment providers for any potential charges associated with transactions.

  Withdrawal methods are also available, with specific limitations depending on the account type. Withdrawal processing times may vary, typically taking between 1 to 5 business days, and any fees associated with withdrawals should be clarified with the broker.

  

7. Customer Support and Educational Resources

  China Oceanwide provides multiple support channels for its clients, including:

  • Telephone Support
  • Email Support
  • Live Chat
  • Social Media platforms

  The support team is available during business hours, covering major time zones to assist clients globally. The broker also offers multi-language support, accommodating clients from diverse backgrounds.

  To enhance the trading experience, China Oceanwide provides a range of educational resources, including:

  • Webinars: Regularly scheduled sessions covering market analysis and trading strategies.
  • Tutorials: Instructional content for both novice and experienced traders.
  • E-books: Comprehensive guides on various trading topics.

  Market analysis services are also available, offering daily insights, news updates, and research reports to keep clients informed about market movements and trading opportunities.

  Additionally, the broker provides trading tools such as calculators, economic calendars, and signal services to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  China Oceanwide primarily serves clients in North America, Asia, and Europe, with regional offices to support its operations. The broker has a notable presence in the United States, where it conducts significant business activities.

  However, there are specific countries and regions from which China Oceanwide does not accept clients, primarily due to regulatory restrictions. These include:

  • United States: Certain states may have restrictions on forex trading.
  • European Union: Some jurisdictions may impose stringent regulations that affect client onboarding.

  Special restrictions may also apply based on the regulatory environment in different regions, which clients should verify before engaging with the broker.

  In conclusion, as a China Oceanwide broker, the firm offers a range of trading products and services while navigating a complex regulatory landscape. Clients are encouraged to conduct thorough research and consider the associated risks before engaging with the broker.

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CHINA OCEANWIDE Forex Broker has an overall rating of 1.50, Regulatory Index 0.00, License Index 0.00, Business Index 6.93, Software Index 4.00 Risk Control Index 0.00.
CHINA OCEANWIDE