In this section we will analyze the broker OC Financial Corp, is a CFD broker. Is OC Financial Corp Really Recommended To Make An Investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we do a review on OC Financial Corp… It's because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, know information that every investor should know before deciding or not, to invest with an investment company.
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it.
As to its location, The broker mentions being based in: supposedly the United Kingdom, but if true it should have an FCA regulation, which does not happen, which makes us doubt that its base in the United Kingdom is real.
If we analyze the regulation of the broker: because actually OC Financial Corp does not mention anything about being a regulated company, we believe that it is an unregulated broker.
If now we go on to analyze account types offered by OC Financial Corp, we note that they do not really offer information about owning different types of account.
Las platforms to operate that OC Financial Corp offers are: does not mention it.
We will now analyze the different resources and aids for traders that OC Financial Corp provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
OC Financial Corp provides the following aids or resources to traders or stakeholders: some live charts, economic calendar, really not much more than this.
Other information about OC Financial Corp
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 44 (20) 3769-1425
Email: [email protected]
>>> Valuation on OC Financial Corp <<
Ending with this section, in our opinion Do we believe that OC Financial Corp is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it does not mention which company manages the website, it is an unregulated broker, when looking for other reviews about OC Financial Corp, we did not find anything, which makes us think that it is of a "new" company.
For these reasons, we believe that OC Financial Corp is not a recommended broker. In other words, we always recommend working only with duly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
Update December 2019: CNMV (Spanish financial regulator) has warned about OC Financial Corp
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.