Ocean Markets Journal
|Journal status: |
Ocean Markets |
Ocean Markets Profile
х Bosnia and Herzegovina, Haiti, Iran, North Korea, Suriname, Syria, Uganda, Vanuatu, Yemen
A+B hybrid book
Ocean Markets Accounts
200 : 1
Deposit & Fees
Bank Wire, Credit Card, Debit Card, Neteller, MNP, Skrill
Interest on margin
after 3 months
- Full listing profile: Ocean Markets broker profile
Is Ocean Markets safe?
- Investor protection: no
- Regulation: not regulated
- Registration: no
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is Ocean Markets trusted?
- Information transparency: sufficient
- Customer service: virtually non-existent
- Ocean Markets website: semi-detailed, updated
- Ocean Markets popularity (by visitor count): least visited
How Ocean Markets works
Fixed Spreads are being offered by the Company through the web platform. Changes will happen on the Fixed Spreads depending on the time and the market conditions.
Through the MetaTrader 4 trading platform, the Company offers a floating spread. The presence of floating spread on the Forex and CFDs markets means that the value between the Ask and Bid Spreads are constant and is therefore highly dependent on market volatility and liquidity.
The Client acknowledges the minimal timeframe for transaction executions:
On a web platform, a duration of 3 minutes is given. The Company has the right to cancel transactions when it deems necessary, specifically when the time between the opening a transaction and closing is less than 3 minutes.
Through the MT4 platform - (a client receives a bonus) and the volume of the trade is effectively reached which is at a 3-minute mark. At this event, the Company would exercise the right to cancel transactions wherein the timeframe between the opening and closing of a transaction falls below the aforementioned time.
Through the MT4 Platform - (no bonus for the client) there would be no given minimal timeframe for the manual execution of all trades and transactions.
The maximum period for keeping a position opened on a web-platform is at 21 days. The Company may take liberties on closing the Clients' transactions with open positions that exceed the recommended time frame. Should the order that is opened within a given contract bear an expiration date, the order will be effectively closed after the 21st day or on the expiration day itself (whichever comes first).
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