BrokerHiveX
OceanGate SecuritiesSuspected of fraud

OceanGate Securities

1.90
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.
Support Languages
Chinese, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

OceanGate Securities claims to be a global broker offering forex, indices, stocks, cryptocurrencies, and commodities trading services, and claims to be headquartered in London, UK. However, a review of its website and registration information reveals serious operational and regulatory compliance issues. Its official website lacks a clear company registration number, regulatory disclosures, or links to legal documents. It also fails to provide any verifiable operating licenses or office locations.

The platform advertises "multi-asset liquidity provision," "institutional-grade matchmaking," and "global regulatory coverage," but these claims are not supported by any public data. The website layout is simplistic and clearly copied, with some images and text even identical to those on other suspicious brokerage websites. Overall, OceanGate Securities is likely an unregulated, fraudulent platform that lures deposits with promises of high returns, rather than a regulated financial institution.

🌐Global layout and brand background

OceanGate Securities officially claims to have branches in the UK, the UAE, and Singapore. However, verification has revealed that these alleged office addresses are mostly fictitious registered addresses or shared office spaces, with no physical presence. Its so-called "global presence" is likely a marketing ploy to create an international image.

Furthermore, the platform claims to be regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), but no relevant records have been found in either official database. Several external risk monitoring agencies have placed it on their "suspicious broker lists," urging investors to exercise caution. This type of scheme, disguised as a regulated business, is often used to conceal Ponzi schemes or fraudulent activities.



💹Trading products and services

OceanGate Securities' website states that it offers trading in forex currency pairs, stocks, indices, precious metals, and cryptocurrencies, but does not disclose specific spreads, leverage, minimum deposits, or trading fee structures. The website's promises of "zero commission, high leverage, and zero slippage trading" are highly unreliable and in stark conflict with the risk disclosure policies of reputable brokers.

The platform also claims to offer PAMM accounts and automated trading solutions for professional and institutional clients, but this is not backed by any third-party system verification or independent audit records. Its claims of "multi-asset access" and "deep liquidity" appear more like technical marketing terms than actual trading services.



💻Trading technology and platform experience

OceanGate Securities claims to support the MetaTrader 5 (MT5) platform, but does not provide an official download link or MetaQuotes registration information. When accessing the website, most trading portal links are blank or fail to load, indicating that the platform lacks a stable technical infrastructure.

Numerous users have reported on third-party complaint websites that the platform suffers from price delays, order rejections, automatic liquidations, and back-end tampering with trading records. These manipulations often occur within internal trading systems disguised as brokerages, with the goal of controlling client funds by inducing losses or preventing withdrawals.



🛡️Regulatory compliance and fund security

OceanGate Securities' biggest problem is its complete lack of regulatory oversight. While its website states "Fully Licensed Broker" and "FCA Approved" at the bottom, it lacks a specific license number, regulatory documents, or verifiable certificates. Verification revealed that the company's name does not appear on any list of regulated financial institutions, nor does it disclose its fund segregation policy or the name of its custodian bank.

This means that all client deposits are likely deposited directly into the company's account, rather than being overseen by an independent third party. If the platform ceases operations or shuts down its website, investors will be unable to recover their funds. Such platforms often lure investors with promises of high returns and fast withdrawals, only to lock accounts or demand additional "liquidation fees" after deposits are made. This pattern of behavior has been identified as a typical fraudulent tactic by financial regulators in multiple countries.



⚡Trading conditions and experience

OceanGate Securities' website claims to offer "up to 1:1000 leverage" and "0.0 spread trading," guaranteeing "instant execution and zero slippage," but fails to provide any technical details or liquidity sources. Such exaggerated claims are often characteristic of unregulated brokers, misleading investors into ignoring the real risks of trading.

Furthermore, some investors have reported being forced to add margin or experiencing trading freezes after their accounts turned profitable, with the platform subsequently refusing withdrawals and closing their accounts. This operational model suggests that the platform's backend has complete control over user accounts, rather than a transparent market matching mechanism.



🎓Customer support and value-added services

While OceanGate Securities claims to offer 24/7 multilingual customer support and personalized trading advice, testing reveals that customer service emails remain unresponsive for years, and the website's online chat function is unavailable. In many cases, the so-called "account managers" appear only during the initial deposit process and completely lose contact once a user requests a withdrawal.

The platform's so-called "Education Center" is sparsely populated, consisting of only a few basic forex introductory paragraphs, some of which contain typos and plagiarism. These signs further confirm that OceanGate Securities is not a legitimate financial services institution, but rather a scam website using deceptive packaging to attract funds.



⚠️Risk Warning and Platform Positioning

OceanGate Securities' operating model and website structure mirror those of several previously exposed fraudulent platforms: Disguised as a "regulated international brand," they lure investors into depositing funds through false claims of high leverage, high returns, and low costs, then block withdrawals due to "system issues," "verification errors," or "liquidation fees."

Its unregulated status, lack of transparency in its technology, and disconnected customer service all indicate that the platform lacks any legal qualifications to provide financial services. Investors who interact with such websites face a high risk of losing their funds . We strongly recommend avoiding OceanGate Securities and trading forex or CFDs with a licensed broker.



🔍Comprehensive analysis and evaluation

A comprehensive analysis shows that OceanGate Securities' risks mainly manifest in the following aspects:

  • Lack of regulatory authority or valid operating license;

  • The official website contains false content and lacks transparency;

  • Difficulty in withdrawing funds and loss of contact with customer service;

  • High leverage and false promises of returns;

  • There may be backend manipulation and misappropriation of customer funds.

Overall, OceanGate Securities is not a true financial trading platform, but rather a scam disguised as a "high-return investment." Investors should be highly wary of this platform's deceptive marketing, avoid any deposits, and promptly report its activities to financial regulators or third-party complaint platforms.

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Selected Enterprise Evaluation

1.42

Total 6 comments
****
1.00
“Fake License and High-Risk Platform” OceanGate Securities claims to be a fully licensed broker, but no regulatory records can be found under its name. The website provides no license numbers, no fund segregation proof, and no legal transparency. Its behavior clearly fits the profile of an unregulated offshore scam broker that manipulates deposits and refuses withdrawals.

Reply

****
1.00
“Withdrawal Scam and Zero Credibility” Investors have repeatedly reported withdrawal refusals, fake “tax” requests, and unreachable customer service. OceanGate Securities operates with zero accountability and no verified corporate presence. This is a textbook example of a fraudulent CFD platform — attractive promises, fake regulation, and financial traps.

Reply

Vi*** R
@****

AVOID THESE SCAMMERS, they take your money, pretend that they are making profits and encourage you to invest your life savings. Then when you request money back they don’t return anything and close down email addresses. I was conned. Thanks Jeff for helping me get back my lost money from those scumbags, you can get in touch with him for help via /atspp +1 5 05 .5.3 4 09 90 ail address jeffsilbert39 gm8l.com.

Reply

****
1.00
I’m so grateful for the excellent assistance I received in recovering my lost item. I had almost given up hope, but thanks to their quick response, professionalism, and attention to detail, I was able to get my belongings back safely. Their communication was clear throughout the process, and I truly appreciate the effort they put in to help me. Highly recommended! Mail: olivetraderecover 5 5 A t g mail.c0m Website: https://iconicrecovery.org

Reply

ha***90
2.00
After years of unsuccessful attempts to recover my missing funds and falling victim to several fraudulent agents, I was beginning to lose hope. Fortunately, I came across Laura Cooper Terms, and although I was initially skeptical due to my past experiences, I decided to give them a chance. That decision changed everything they provided exceptional service and successfully helped me recover my lost funds, even offering valuable additional support. I highly recommend Laura Cooper Terms as a fast, reliable, and trustworthy recovery company. Resoxit 40 at gmail . c o m WhatsApp: +1 (309) 208-5151

Reply

Vi*** R
0.50
AVOID THESE SCAMMERS, they take your money, pretend that they are making profits and encourage you to invest your life savings. Then when you request money back they don’t return anything and close down email addresses. I was conned. Thanks Jeff for helping me get back my lost money from those scumbags, you can get in touch with him for help via /atspp +1 5 05 .5.3 4 09 90 ail address jeffsilbert39 gm8l.com.

Reply

Ro***le
3.00
Be very cautious when investing. Recovering lost funds or dealing with crypto trading scams can be extremely stressful and frustrating once your money is in the wrong hands. I personally lost over $882,050 while trying to earn extra income through a fraudulent trading company. Fortunately, I was later introduced to Mrs. Susan Kaplan, who works with a reputable recovery firm. With her help, I was able to recover 90% of my total losses, including the profits stolen by these scammers. If you’ve had a similar experience, you can reach out to Mrs. Susan Kaplan: Email: [email protected] WhatsApp: +1 ( 36 0) 310-0351

Reply

~ There's nothing more ~

About OceanGate Securities's questions

01

Ask:Is OceanGate Securities regulated by any financial regulator?

Answer:No. Although OceanGate Securities claims on its website that it is "regulated by the UK FCA and other international bodies," verification has shown that the company does not appear on the FCA, ASIC, CySEC, FINMA, or any other authoritative financial regulatory databases. The website does not provide a license number, registration documents, or fund custody information. This means that the platform is effectively unregulated, and investor funds are not legally protected. If the platform experiences problems or shuts down, users will not be able to recover their losses through any formal channels.

02

Ask:Why do many investors report that they cannot withdraw funds from OceanGate Securities?

Answer:This is one of the most common red flags on this platform. Numerous users have reported being asked to pay additional "taxes," "margin liquidation fees," or "account unlocking fees" after submitting withdrawal requests. Even after paying these fees, funds remain unavailable. This "double-charge, then withdrawal denial" model is a typical scam. Because the platform is unregulated and lacks a segregated system for customer funds, investors' deposits are highly likely to have been misappropriated or directly appropriated by the platform.

03

Ask:What should I do if I have already deposited funds with OceanGate Securities?

Answer:If you have already deposited funds with OceanGate Securities, we recommend taking the following actions immediately: Cease all further deposits or investments to prevent further losses. Save all transaction receipts and communication records (including remittance receipts, emails, chat logs, customer service screenshots, etc.), as they will be crucial evidence for subsequent recovery. Report the case to your country's financial regulator or cybercrime reporting center as soon as possible, such as the UK's FCA Scam Reporting Center, the Hong Kong Police Force's Cybersecurity Unit, or the China Ministry of Public Security's Cybercrime Reporting Center. Seek assistance from professional financial rights protection or legal aid agencies, and submit a report to the BrokerHiveX complaint platform to prevent further investor harm.