Is Oasis Wealth Ltd a Scam?

When we at FXCanary evaluate a broker, we start from a position of healthy scepticism and work outward from verifiable facts. Our Scam Risk Score is a composite measure that weighs regulatory status, licensing accuracy, corporate transparency, and the verifiability of the broker's own claims. For Oasis Wealth Ltd, our score of 34/100 — which we label 'Guarded' — reflects a broker that is licensed but far from a clean bill of health.

The score is built from several components. A licensed Cyprus Investment Firm (CIF) under CySEC is a positive signal, but our records also flag that there is no verifiable website or social-media presence beyond the official domain. That combination — a licensed entity with a thin public footprint — is precisely the profile that warrants caution. In our experience, a legitimate broker should be able to demonstrate its existence through more than a single page on its own site.

Oasis Wealth Ltd is registered in Cyprus and holds a CySEC CIF licence, number 457/25, with an Authorised status. CySEC is a well-established regulator within the European Economic Area, and a CIF licence is one of the more rigorous credentials a retail-facing broker can hold. It brings with it obligations under MiFID II, including capital adequacy requirements, conduct of business rules, and client asset protection standards.

However, we must note that our records do not confirm the licence number beyond what is listed, and the company's own website — oasiswealth.cy — states that it is 'at the final stage in obtaining its license' and that it 'currently does not provide any services.' That is a significant discrepancy. A licence that is listed as Authorised in our records, but which the company itself describes as still pending, is a red flag that demands explanation. We cross-checked the public register as far as our records allow, but the contradiction remains unresolved.

Had Oasis Wealth Ltd been operating as a fully authorised CIF, clients would normally benefit from several layers of protection. Client funds must be segregated from the firm's own money, meaning they cannot be used to cover the broker's debts. In addition, CySEC-regulated firms are required to participate in the Investor Compensation Fund (ICF), which provides a safety net of up to €20,000 per eligible client if the firm fails.

Yet our research uncovered a troubling development. A September 2025 report indicates that CySEC stripped four firms of their ICF membership following the withdrawal of their operating licences. We cannot confirm from our records whether Oasis Wealth Ltd is among those four, but the timing and the company's own statement about not yet providing services raise serious questions about whether the protections that a CIF licence is supposed to guarantee are actually in place. For a trader, the difference between a licensed broker and a licensed broker that is not yet operational — or has had its licence withdrawn — is the difference between protection and exposure.

Our records show zero clone or impersonator sites for Oasis Wealth Ltd. That is a positive finding, but it is not a reason for complacency. The name 'Oasis Wealth' is generic enough that it could easily be adopted by fraudulent entities, and we found at least one other firm — Oasis Wealth Management Limited in the UK, at oasiswealth.co.uk — that is a completely separate business. A trader searching for this broker could easily land on the wrong site.

We also note that the official domain, oasiswealth.cy, uses a .cy country-code top-level domain, which is relatively uncommon for forex brokers. That is not inherently suspicious, but it does mean that a typo or a search-engine mix-up could lead a trader to a lookalike domain. The absence of clones today does not guarantee their absence tomorrow, especially for a broker with a name that is easy to mimic.

Our web search returned a mix of results, and we have been careful to separate those that actually relate to Oasis Wealth Ltd from those that do not. Several results — such as t4trade, Milton Markets, tegasFX, and EGM Securities — are clearly different entities and have been disregarded. Two results, however, are directly relevant: the broker's own website and a profile on AllBrokerages.com.

The AllBrokerages profile confirms the legal name, the CySEC licence number 457/25, and a licence date of 23/06/2025. It also states that the firm has 'announced voluntary renouncement of its authorisation and is no longer accepting new clients.' That is a critical piece of information. If true, it means that even the licence we have on file may no longer be active, and that the broker is winding down. We cannot independently verify this claim, but it aligns with the company's own statement that it is not yet providing services.

The company's website describes Oasis Wealth Ltd as specialising in 'professional portfolio management and investment advice services,' with a focus on tailored investment solutions. That is the kind of language we see from many legitimate firms. But the same website also says, in plain terms, that the company does not provide any services and is still in the final stages of obtaining its licence. Those two statements are in direct tension.

In our assessment, a broker that advertises services it does not yet provide, and whose licence status is ambiguous, is not a broker a prudent trader should trust with funds. The marketing language on the site is aspirational, not operational. We treat the company's own claims as exactly that — claims — and our independent review finds that the substance behind them is, at best, unverified.

If you are considering any relationship with Oasis Wealth Ltd, the first step is to verify its current regulatory status directly with CySEC. Do not rely on our records or the company's website alone. CySEC maintains a public register of authorised firms, and you can check whether licence 457/25 is active, suspended, or withdrawn. If the register shows anything other than 'Authorised,' treat that as a definitive warning.

Second, be wary of any request to deposit funds. Our records indicate the firm is not yet providing services, so any solicitation to trade or invest should be treated as highly suspicious. Third, check the domain carefully. The official site is oasiswealth.cy, not oasiswealth.co.uk or any other variation. If you are contacted by someone claiming to represent Oasis Wealth, verify their identity through official channels before sharing any personal information.

In FXCanary's assessment, Oasis Wealth Ltd is a broker that fails to meet the standard we would expect of a firm seeking to handle client funds. The Scam Risk Score of 34/100 reflects a licensed entity, but one with unresolved contradictions: a licence that may not be active, a website that admits to providing no services, and a public profile that suggests voluntary renouncement. The absence of independent user reviews means we have no real-world trading experience to draw on, and that absence is itself a warning.

We cannot label Oasis Wealth Ltd a scam — there is no evidence of fraud, and the regulatory record, such as it is, points to a firm that may simply be in the process of exiting the market. But 'not a scam' is not the same as 'safe.' For a cautious trader, the prudent course is to avoid this broker until the regulatory picture is clarified. If you are seeking a broker, look for one with a fully active licence, a verifiable operational history, and a transparent public presence. Oasis Wealth Ltd, as it stands, offers none of those with confidence.