Oceanic Forex Forex Broker

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.