Ocean Financial Management has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 41 4350 16692, fax + 41 4350 81488
Addresses: Bellerivestrasse 14 Zurich Switzerland 8008 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.oceanfinancialmgmt.com.
The mobile app from Ocean Financial Management is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Regular platform improvements|Excellent charting|Stable platform|Professional team
Cons: Limited cryptocurrency options|Cannot customize dashboard fully
I requested my data from Ocean Financial Management under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multi-currency support|Dedicated account manager|Personal attention
Cons: Onboarding videos are outdated|Wish they had more educational resources
The only good thing about Ocean Financial Management is that they remind you why regulation matters. I found them through a podcast recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Copy trading available|Automated trading options|Instant funding
Cons: None so far