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Abstract:Blue Ocean Voyages is committed to providing 100% STP trading platform to protect global investors’ funds and not to block their account or withdrawal on its home page.
Misleading copyright info
Its page footer shows Copyright ©2018.21~ Blueoceanvoyagesltd, but its domain (https://blueoceanvoyagesltd.com/) was actually first created in April 2020. Thus, there is the highest possible level of caution for investors when dealing with Blue Ocean Voyages.
Lack regulatory documents
Blue Ocean Voyages claims to be owned and operated by Blue Ocean Voyages Ltd, but doesn't mention any detailed information of its company and regulation. The lack of such information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag here.
Headquartered in Seychelles
Downloading its trading platform, we found Blue Ocean Voyages is located in the Seychelles. However, we didn't find any results matched with the entity in the register of Seychelles FSA, the Seychelles Financial Services Authority.
All evidence clearly states that Blue Ocean Voyages is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The Italian regulator, CONSOB has issued a warning against five websites offering unauthorized financial services. This regulatory action aims to protect the public from fraudulent activities.
3 Days Left!
A recent allegation against STP Trading has cast doubt on the firm's business practices, highlighting the potential risks faced by retail traders in an increasingly crowded and competitive market.
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