Oasis Venture Capital (soafinancial.org) is a fund financial institution focused on cryptocurrencies and digital currencies, offering comprehensive financial and investment solutions to users. It claims to be headquartered in the Kingdom of Bahrain, but this cannot be verified, and no specific information has been disclosed. The broker has poor transparency of information and extremely low credibility.
Corporate Registration Information and Regulatory Status:
According to the information disclosed on the Oasis website, the institution is headquartered in the Kingdom of Bahrain, but specific registration information, including the registered address, registration time, registration number, etc., has not been disclosed and cannot be queried. Additionally, no other regulatory information is available for inquiry.
Based on Whois query information, the broker's website domain was registered on December 2, 2023, and as of January 15, 2024, the broker has only been registered for one and a half months.
Account Opening:
The broker's website does not provide an entry for opening an account nor does it explain how to open an account.
Account Information:
Oasis Venture Capital does not disclose the specific types of accounts it offers on its website. It only provides three user levels without specifically describing the service differences among the three levels.
Trading Platform:
Oasis Venture Capital does not disclose the trading platform it offers on its website.
Deposits and Withdrawals:
Oasis Venture Capital does not disclose the deposit methods, fees, and minimum deposit and withdrawal amounts it supports on its website, only the withdrawal method. When users deposit on this platform, the amount is converted into proprietary currency OUSD, and upon withdrawal, PUSD is converted into cryptocurrency Tether.
Products:
Oasis Venture Capital offers four types of fund products, which differ only in data aspects.
Contact Information:
Oasis Venture Capital only provides Twitter (X) and Telegram as contact methods, both of which are relatively inefficient and passive. No phone, email, or online customer service is provided.
Summary:
Trade Circle warns investors that Oasis Venture Capital is a forex broker with no effective regulation, unclear deposit and withdrawal methods, limited contact methods, single and non-transparent business practices, and no information on how to open an account or the requirements related to it.
Trade Circle suggests that investors should avoid Oasis Venture Capital when choosing a broker and opt for brokers with transparent information, strong regulation, and good reputation to conduct investment trading activities, to avoid unnecessary loss of personal assets.
Currently, this broker is marked as a "Ponzi scheme" by Trade Circle.
