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Pros

Competitive spreads
Popular trading platform (MT4)
Regulated by ASIC (though the status has been revoked)

Cons

High minimum deposit requirement ($1,000)
No US clients allowed
Inactive official website and revoked regulatory license

OG broker Accounts

OGFX Account Types

OGFX offers three types of trading accounts designed to cater to different trader needs:

  • Standard Account
    • Minimum Deposit: $100
    • Leverage: Up to 1:400
    • Features: Trading signals, 24-hour signals, free mobile trading platform.
    • Pro Account
      • Minimum Deposit: $50,000
      • Leverage: Up to 1:400
      • Features: Trading signals, 24-hour signals, free mobile trading platform, trading report, weekly/monthly market outlook.
      • Islamic Account
        • Designed for Muslim traders following sharia law, this account type avoids interest or swap fees. The specifics of whether it is a standalone account or a conversion from an existing account are unclear.

        Additionally, OGFX provides a demo account for practice trading, allowing users to familiarize themselves with the platform and trading strategies without financial risk.

        OGFX Broker Account Opening Process

        Opening an account with OGFX is a straightforward process:

        • Choose an Account Type
          • Decide between a Standard, Pro, or Islamic account based on your trading needs and capital.
          • Complete the Online Application
            • Fill out the registration form with necessary personal information, including identification and financial details.
            • Fund Your Account
              • After approval, deposit the minimum required amount for the chosen account type. The funding options include debit/credit cards, bank transfers, Neteller, and Skrill.
              • Start Trading
                • Once your account is funded, you can begin trading by downloading the trading platform (MetaTrader 4) and executing trades in the global markets.

                For detailed information about account types and opening an account, visit OGFX Account Types.

OG accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
OG Account