Oscar Markets Limited has been flagged by Financial Services Regulatory Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Oscar Markets:
- purports to provide access to a platform that offers access to trading in a range of Contracts for Difference in Forex, Cryptocurrencies, Commodities, and Bonds;
-falsely claims that it is physically located within ADGM. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending for about ten months trying to make Oscar Markets Limited work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multi-device support|Copy trading available|Economic calendar
Cons: Currency conversion fee exists
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Oscar Markets Limited is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I requested my data from Oscar Markets Limited 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: Great customer service|Market news feed|Copy trading available
Cons: Limited social trading features|Spreads widen during volatile periods
Several red flags with Oscar Markets Limited: (1) They promise unrealistically high returns, (2) They're not registered with Financial Services Regulatory Authority, (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.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Services Regulatory Authority|Cannot verify credentials
I looked into Oscar Markets Limited and found they appear in the regulatory warnings database. Financial Services Regulatory Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I trusted Oscar Markets Limited with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Dividend tracking|Easy to use platform|Real-time alerts|Reliable uptime
Cons: Limited demo account features