DEOASIS LIMITED Forex Broker

DEOASIS LIMITED Forex Broker - Complete Information Guide

1. Broker Overview

　　Deoasis Limited, established in 2023, is a trading company that operates primarily in the financial markets. The company is headquartered at 96 Wadsworth Blvd, Num 127 - 3255, Lakewood, CO 80226, USA. As a privately held entity, Deoasis Limited provides services to a diverse clientele, including retail traders and institutional investors.

　　Deoasis Limited focuses on offering a wide range of trading products, including forex currency pairs, commodities, indices, and cryptocurrencies. Despite being a relatively new entrant in the market, the firm claims to have established a substantial presence, reportedly serving clients across multiple regions, including the United States, Cyprus, France, Germany, and Norway.

　　The company operates under a business model that encompasses retail forex trading, providing access to various financial instruments through its proprietary trading platform. However, the lack of transparency regarding its operations and regulatory compliance raises concerns among potential clients, prompting a cautious approach to engagement with this broker.

2. Regulatory and Compliance Information

　　Deoasis Limited claims to be regulated by the Australian Securities and Investments Commission (ASIC) and holds a license from the National Futures Association (NFA) in the United States. However, the regulatory status of the firm appears to be complex and concerning.

• ASIC License Number: Specific licensing details were not provided in the available sources.
• NFA License Number: The company holds a license number 0559040.
• License Validity and Scope: There are indications that the NFA license status is marked as "abnormal" and "unauthorized," suggesting potential compliance issues. This raises significant red flags regarding the firm's operational legitimacy.
• Client Fund Segregation Policy: Information regarding the segregation of client funds was not disclosed, which is a critical aspect of regulatory compliance.
• Investor Compensation Fund Participation: There is no indication that Deoasis Limited participates in any investor compensation schemes, which could expose clients to higher risks in case of financial losses.
• KYC and AML Compliance Measures: The company claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations; however, specific details on how these measures are implemented were not provided.

3. Trading Products and Services

　　Deoasis Limited offers a diverse array of trading products catering to various trading strategies and preferences.

• Forex Currency Pairs: The broker provides access to numerous forex pairs, including major, minor, and exotic options.
• CFD Product Categories: The firm offers Contracts for Difference (CFDs) on indices, commodities, stocks, and cryptocurrencies, allowing traders to speculate on price movements without owning the underlying assets.
• Special Products: Specific unique trading products or proprietary indices were not detailed in the available sources.
• Product Update Frequency: There is no information on how frequently new products are added to the platform.
• Retail Trading Services: Deoasis Limited primarily serves retail traders, providing them with access to various financial instruments.
• Institutional Client Services: Details regarding services tailored for institutional clients were not disclosed.
• White Label Solutions: There is no mention of white label solutions or asset management services offered by Deoasis Limited.

4. Trading Platforms and Technology

　　Deoasis Limited utilizes its proprietary trading platform known as ST5, which is described as an all-in-one CFD trading solution.

• MetaTrader 4/5 Support: The firm does not support popular trading platforms like MetaTrader 4 or MetaTrader 5.
• Proprietary Platform Details: The ST5 platform features over 50 technical indicators and advanced intraday analysis tools, making it user-friendly for both novice and experienced traders.
• Web-Based Trading Platform: The ST5 platform is accessible via a web interface, allowing traders to engage in trading activities without downloading additional software.
• Mobile Applications: There is no mention of dedicated mobile applications for iOS or Android.
• Execution Mode: The execution model of the platform is not explicitly stated, but it appears to operate as a market maker.
• Server Locations and Technical Infrastructure: Specific details regarding server locations and the underlying technical infrastructure were not provided.
• API Access and Automated Trading Support: Information about API access or support for automated trading systems was not available.

5. Account Types and Trading Conditions

　　Deoasis Limited offers various account types tailored to suit different trading needs.

• Standard Account Conditions: The minimum deposit requirement and specific spreads or commissions were not disclosed.
• Advanced Account Types: Information on VIP or professional accounts was not provided.
• Special Accounts: There is no mention of specific account types such as Islamic or corporate accounts.
• Demo Account Policy: A demo account option is available, allowing traders to practice without risking real capital.
• Leverage Ratios: The broker offers a high leverage ratio of up to 1:500, which can amplify both potential profits and losses.
• Minimum Trade Size: Details on the minimum trade size were not specified.
• Overnight Fees Policy: Information regarding overnight fees or swap rates was not provided.

6. Fund Management

　　Deoasis Limited provides several options for managing funds, although specific details are lacking.

• Supported Deposit Methods: The broker accepts various deposit methods, including bank transfers, credit cards, and electronic wallets, but specific options were not detailed.
• Minimum Deposit Requirements: The minimum deposit requirement varies by account type, but details were not provided.
• Deposit Processing Times: Information on how long deposits take to process was not specified.
• Deposit Fees: There is no clarity on whether any fees are associated with deposits.
• Withdrawal Methods and Restrictions: The withdrawal methods available were not detailed, nor were any restrictions mentioned.
• Withdrawal Processing Times: Specific withdrawal processing times were not disclosed.
• Withdrawal Fee Structure: Information regarding withdrawal fees was not provided.

7. Customer Support and Educational Resources

　　Deoasis Limited's customer support and educational resources appear to be limited.

• Support Channels: The broker offers support via email, but there is no indication of phone support or live chat options.
• Service Hours and Time Zone Coverage: Specific service hours were not mentioned.
• Multilingual Support: There is no information on the languages supported by customer service.
• Types of Educational Resources: The broker lacks comprehensive educational materials, such as webinars, tutorials, or e-books.
• Market Analysis Services: There are no details on the availability of daily analysis, news updates, or research reports.
• Trading Tools: The availability of trading tools, such as calculators or signal services, was not specified.

8. Regional Coverage and Restrictions

　　Deoasis Limited serves clients in various regions but also has specific limitations.

• Major Service Markets: The broker operates in several countries, including the United States, Cyprus, France, Germany, and Norway.
• Regional Office Distribution: Specific details about regional offices were not provided.
• Countries/Regions Not Accepted: The broker does not accept clients from certain countries, but details were not disclosed.
• Special Restrictions: No special restrictions were mentioned in the available sources.

　　In conclusion, while Deoasis Limited presents a range of trading products and services, potential clients should exercise caution due to concerns regarding regulatory compliance, transparency, and customer support. The information provided here aims to give a comprehensive overview of the broker's operations and offerings.