Reported as a scam / unregulated
Why OFM is on the register
OFM claims to be under the licensing company registered of OCEAN ASSETS MANAGEMENT HK LIMITED, a company licensed by the Hong Kong Securities And Futures Commission (HK SFC). We indeed find a match result to OCEAN ASSETS MANAGEMENT HK LIMITED in SFC. But as per the regulatory details shown on SFC, the only authorized activity of this firm is Asset management, excluding leveraged foreign exchange trading. What’s more, the approved domain of this firm is “ which currently can not be opened, instead of “https://www.ofmhl.com/.” That means OFM may be a clone firm that falsely uses the regulatory info of a licensed company. The truth is that OFM is not under valid regulation to do forex by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.