Oceanic Trades claims that “you can turn $914 into $1,146,386 in only 27 months!” You just need to pay $399 per year for the amazing secret stock picks.
As multiple readers are reporting…”its a scam” and “its a fraud.”
The company claims that “all trades are 100% authentic, and traded with a live trading account.” However, Oceanic Trades can prove nothing of the sort.
The company created a fake review website that serves as social proof to scam victims.
Thanks for reading today’s review of Oceanic Trades
Oceanic Trades is a basic stock picking service. The customer pays a $399 annual fee (no monthly option) and then begins receiving 10 to 15 stock picks each month.
The company claims that their “offices” are located at 447 Broadway, New York, New York 10013. This is virtual office space managed by a company named Davinci Virtual. TradingSchools.club called Davinci Global Management to confirm that Oceanic Trades was a registered business in this location. Davinci Virtual has no business relationship with a company named Oceanic Trades.
Ocean Trades is a frequent advertiser on Google Adwords. They target keywords like “make money with stocks” and then lure customers to their website through click advertising.
Promises of massive profits
Once the customer arrives at Oceanic Trades, they are given the following promise:
Copy Our Trades And Profit Without Having To Pick The Right Stocks
Join over 3000+ other traders who profit by copying our stock alerts.
We turned $914 into $1,146,386 since 2017 with 82% win rate.
We are the #1 stocks picks provider for 2018-2019
The company claims that in only 27 months, they turned a $914 stock trading account into $1,146,386. And they claim that all of these trades are “100% real and verifiable.” Additionally, they claim to be now over $2,000,000 (according to one user that lost all of his money.)
The company claims that 73% of investors become profitable within 3-weeks. The company claims they are “honest and simple.” Ad sample below:
Oceanic Trades can verify nothing
TradingSchools.club reached out to Oceanic Trades and asked for verification. They could provide none. Instead, they provided a link to a website named FinViews.Org which supposedly contains dozens of 5-star reviews where people have supposedly made massive profits.
The FinViews.Org website appears to be a knockoff of TradingSchools.club. The FinViews.Org website proudly proclaims YOUR DUE DILIGENCE STARTS HERE.
In fact, Oceanic Trades recommends that prospective customer simply Google search ‘Oceanic Trades Reviews’ and they can plainly see that dozens of people are outrageously happy and profitable by taking the advice of Oceanic Trades. Lets make no mistake…FinViews.Org is simply a creation of their own making. The FinViews.Org website is classic ‘honey pot’ scam.
Who owns Oceanic Trades?
Apparently, this is a mystery. The company claims that they do not need to release their identity and “our reputation speaks for itself.”
TradingSchools.club has received 3 complaints from very unhappy customers.
I had a question for the 3 customers that suckered into this — why would you believe something so outrageous?
Customer 1: “I purchased the product because I was desperate and had only $200 in my trading account” and “the company promised that I could make similar profits if I took their advice.”
Customer 2: “I figured that if I paid with my credit card, I could file a charge back later, if it turned out to be a fraud.” The customer attempted a charge back, but the credit card company refused the charge back dispute. He lost his trading account balance, and he lost the $399 fee.
Customer 3: “I thought the FinViews.Org looked reputable and I could trust the reviews. They claimed to have 3000+ customers.” Only later did she discover that the FinViews.Org is a creation of Oceanic Trades.
Charge Backs: they usually fail
Companies like Oceanic Trades are experts at having their customers sign ‘iron clad’ contractual terms that omit charge backs. Customers mistakenly believe that they can simply charge back these types of online scams. Charge backs nearly always fail.
People need to be aware, I hear these sorts of complaints nearly every day. In fact, I just got one (of many) from Raging Bull’s Petra Picks. They are one of the worst regarding claims of fraudulent billing practices.
It simply amazes me that people automatically believe the credit card merchants will bail them out of making stupid decisions. Very rarely do they ever.
Avoid Oceanic Trades
The company is obviously a scam. And to be quite frank with my readers, how could any reasonable person possibly believe that they are going to turn $914 into over $1 million in 27 months?
The only way to do this ‘legally’ is front running your subscribers in a penny stock chat room (Warrior Trading Review)
There is no such thing as ‘easy money’ and when it sniffs of ‘easy money’ — its a scam.
Thanks for reading.