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/10

OFinancial markets

Antigua and Barbuda Antigua and Barbuda | 2-5 years |
Questionable Regulatory License | MT5 Full License | Regional Brokers | High Potential Risk

http://ofinancial.markets/

Website

Rating Index

License 0.00 Software 7.73 Risk Control 0.00 Business 5.55 Regulation 0.00
1.88

MT4/5 Verification

MT4/5 Verification

Full License

2
Server Name
OmniMarkets-OFinancialMT5
Server LocationUnited KingdomUnited Kingdom

Contact

+971 4 526 4876
http://ofinancial.markets/
The Colony House, 41 Nevis Street, Saint John's , Antigua & Barbuda
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Antigua and Barbuda
Operating Period
2-5 years
Company Name
OMNI Markets LLC
Email
info@ofinancial.markets
Contact Number
+97145264876
Account Info
Deposit/Withdrawal
Related Personnel
Verified Site
Relationship Map
Related Companies
About Us
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
133.00
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Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Verified Site

  • ofinancial.markets
    4.175.17.83
    Server Location
    Netherlands Netherlands
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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OFinancial markets

Related Companies

OMNI MARKETS, LLC(California (United States))
United States
OMNI MARKETS, LLC(California (United States))
Suspended
United States
Registration No. 201730310071
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

OFinancialReview Summary
Founded2024
Registered Country/RegionAnguilla
RegulationUnregulated
Market InstrumentsForex, Commodities, Stocks, Cryptocurrencies, Indices
Demo Account/
LeverageUp to 1:1000
SpreadFloating Spread from 0 pips
Trading PlatformMT5
Min Deposit$10
Customer SupportEmail: info@ofinancial.markets
Tel: +971 4 526 4876
Live Chat
Social Media: Twitter, Instagram, Facebook, Linkedin, Youtube
Company Address: Office 3, 3rd Floor, One Central, Dubai World Trade Centre, Dubai, UAE
Regional RestrictionUSA, Iraq, Iran, Myanmar, North Korea.

OFinancial Information

OFinancial is an unregulated online trading platform based in Anguilla, offering access to forex, commodities, stocks, cryptocurrencies, and indices. The platform provides three account types with a minimum deposit requirement of $10, leverage up to 1:100, and floating spreads starting from 0 pips. Notably, OFinancial does not accept clients from the USA, Iraq, Iran, Myanmar, or North Korea.

OFinancial Information

Pros & Cons

ProsCons
Multiple Financial ProductsUnregulation
MT5 SupportedRegional Restriction
Low Minimum Deposit RequirementLack of Information about Fees
Four Account Types available

Is OFinancial Legit?

OFinancial is not a legitimate platform. Please note that OFinancial operates as an unregulated entity, lacking oversight from recognized financial authorities.

Is OFinancial Legit?

What Can I Trade on OFinancial?

Traders on OFinancial can get access to different products like Forex, Commodities, Stocks, Cryptocurrencies, and Indices.

Trading AssetAvailable
forex
Stocks / ETFs
commodities
indices
cryptocurrencies
metals
energies
options
funds
What Can I Trade on OFinancial?

Account Types/Leverage

Traders on OFinancial can choose from three types of accounts. Each one has its own features.

Account TypeMinimum DepositFloating Spread (Pips)Trade Commission (Per Side)Maximum LeverageBase Currencies
Classic$101.0$01:1000EUR, USD
Premier$10000.0$3.51:1000EUR, USD
Elite$50000.0$2.51:1000EUR, USD
Account Types/Leverage

Trading Platform

The trading platform available on OFinancial is MetaTrader 5 (MT5), which is a multi-asset platform for trading forex, stocks, futures, and CFDs. It features advanced charts, technical indicators, and flexible order types (market, pending, stop, trailing stops).

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced trader
MT4Desktop, Mobile, WebBeginner
Trading ViewDesktop, Mobile, Tablets, WebBeginner
Trading Platform

Deposit and Withdrawal

According to OFinancial, traders are able to get a 50% extra bonus on their first deposit, but the bonus can only be used to trade and cannot be withdrawn. A minimum deposit of 100 USD/EUR is required to get a bonus. The amount of bones is up to a maximum of 5000 USD/EUR.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High Potential Risk

Wiki Q&A

Can OFinancial markets be considered a credible broker?

OMNI Markets LLC operates without verified mainstream forex regulation, registering in Antigua and Barbuda and holding only a Mauritius FSC 'Securities Trading License' for its holding company, which is categorized for 'Other' activities and does not constitute direct oversight of its retail forex offerings, resulting in a high-risk operational profile.

04-02
United States

Where is OFinancial markets registered?

The broker is registered in Antigua and Barbuda, where it has been operating for 2-5 years under the full name OMNI Markets LLC.

04-02
United States

What is the minimum trade size at OFinancial markets?

Traders can open positions with a minimum trade size of 0.01 lots. Minimum deposits to access this condition start at $50 for a Classic account, with Elite and Premier accounts requiring $5000 and $1000 respectively, while maximum leverage is set at 1:1000 across all account types.

04-02
United States

Does OFinancial markets offer a WebTrader platform?

The broker does not provide a proprietary WebTrader. Its primary trading technology is the MetaTrader 5 platform, which is formally identified and reported to offer stable execution with an average order processing speed of approximately 130.5 milliseconds.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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