Blue Ocean Securities Ltd has been flagged by Securities and Exchange Commission of Sri Lanka for "Unauthorised". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: blueoceansecurities.net.
For anyone considering Blue Ocean Securities Ltd, please be aware that this company has been flagged by Securities and Exchange Commission of Sri Lanka. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
Tried to withdraw my funds from Blue Ocean Securities Ltd and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Blocked my account|No legitimate license|Fake returns
Several red flags with Blue Ocean Securities Ltd: (1) They promise unrealistically high returns, (2) They're not registered with Securities and Exchange Commission of Sri Lanka, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Securities and Exchange Commission of Sri Lanka|Cannot verify credentials