Nice and cheap for a reason, main ingredient is wheat, 3rd ingredient is wheat, 4th ingredient is soybean meal. An ingredient list won't tell you everything, but it's always a good place to start an investigation.
Ocean Nutrition Cichlid Vegi Formula Medium Pellets
Ingredients:
Wheat flour, fish meal, wheat gluten, soy-bean meal, spirulina, krill meal, dried kelp, dried fish solubles, dehydrated alfalfa meal, brewer's dried yeast, glycerin, lecithin, fish oil, calcium propionate (preservative), potassium sorbate (preservative), brewer's rice, minerals (calcium carbonate, zinc sulfate, manganese sulfate, copper sulfate, calcium selenite, calcium iodate, cobalt carbonate), L-ascorbic acid (source of Vitamin C), Vitamins [a-tocopheral acetate (source of Vitamin E), menadione sodium bisulfite complex (source of Vitamin K3 activity), pyridoxine hydrochloride (source of Vitamin B6), calcium pantothenate, thiamine mononitrate (source of Vitamin B1), niacin, riboflavin (source of Vitamin B2), folic acid, biotin, ethoxyquin (preservative), Vitamin B12 supplement, Vitamin A supplement, cholecalciferol (source of Vitamin D3)], citric acid (preservative), propyl gallate (preservative), butylated hydroxyanisole (preservative), astaxanthin color, garlic, DL-methionine, L-lysine, L-tryptophan, betaine hydrochloride, magnesium sulfate.
Guaranteed Analysis
Protein 39.7% min.
Fat 4.7% min.
Moisture 17.8% max.
Fiber 0.2% max.
Ash 7.2% max.
Phosphorus 0.8% max.