DEOASIS LIMITED Review

About DEOASIS LIMITED

DEOASIS LIMITED has received a warning from the UK Financial Conduct Authority (FCA) stating it is providing financial services without authorization, with the warning issued on January 29, 2024. The firm claims to be regulated by ASIC and the NFA, but neither claim is verifiable; the NFA registration is flagged as “abnormal” or “unauthorized” and no valid ASIC license is confirmed (). The company allegedly operates via a proprietary ST5 trading platform and offers asset classes such as forex, commodities, indices, cryptocurrencies, and stocks, with leverage up to 1:400–1:500. Minimum deposit, spreads, commissions, and withdrawal terms are not disclosed (). Reports indicate the website is inaccessible and the entity may have ceased operations ().

Who it’s for

• Due to lack of regulation, transparency and accessibility, not suitable for retail traders seeking protection and oversight.
• May attract high‑risk seekers drawn by high leverage up to 1:500.
• Experienced traders only if willing to accept unregulated and opaque conditions.

Pros and cons

Pros

• Offers a wide range of asset classes (forex, commodities, indices, cryptocurrencies, stocks) via its ST5 platform ().
• High maximum leverage (up to 1:500) ().

Cons

• Receipt of FCA warning for unauthorized operations ().
• No confirmed regulation; NFA status unauthorized/abnormal, and ASIC claims unverified ().
• Lack of transparency regarding deposit/withdrawal terms, fees, minimum deposit, spreads, commissions ().
• Website inaccessible; possible cessation of operations ().
• Reported client complaints—withdrawal issues and unresponsive support ().