For more information about OGM Forex Broker company profile, come to WikiBit!
Rating Index
Business
Risk Control
OGM Company
OGM Company: A Comprehensive Overview
1. Company Overview
Founding Date and Background
OGM, or One Global Market, was founded in 2016. The company began its operations in 2017, aiming to provide a robust trading environment for both retail and professional traders. OGM has quickly established itself as a significant player in the online brokerage industry, focusing on the trading of various financial instruments.
Parent Company/Ownership Structure
One Global Market Limited is the parent company of OGM. The firm operates under the regulatory framework of the Financial Conduct Authority (FCA) in the United Kingdom, ensuring that it adheres to strict financial regulations and standards.
Headquarters Location
OGM's headquarters is located in London, United Kingdom. This strategic location allows the company to be at the heart of one of the world's leading financial centers.
Global Business Scope
OGM serves a diverse clientele globally, offering trading services in various financial markets. The broker provides access to a wide range of trading instruments, including forex, stocks, commodities, and CFDs, catering to traders from different regions.
Main Regulatory Bodies
OGM is primarily regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is known for its stringent regulatory requirements, which enhances the broker's credibility and trustworthiness in the financial market.
2. Company History and Development
Key Milestones
Since its inception, OGM has achieved several key milestones, including obtaining its FCA regulation in 2017. This milestone marked a significant step in establishing OGM as a reputable broker in the online trading space.
Business Expansion Journey
OGM has expanded its services to include a variety of trading instruments and account types. The broker has consistently worked on enhancing its trading platforms, introducing features that cater to the needs of both novice and experienced traders.
Customer Base Growth
Over the years, OGM has witnessed substantial growth in its customer base, attracting traders from various backgrounds. The company's commitment to providing quality trading services and educational resources has contributed to its popularity.
Platform Development History
OGM offers two primary trading platforms: OGM WebTrader and the mobile trading app. The WebTrader platform is designed for browser-based trading, providing users with a seamless and intuitive trading experience. The mobile app allows traders to manage their accounts and execute trades on the go.
Important Awards or Recognitions Received
While OGM has not highlighted specific awards, its regulatory compliance and customer satisfaction ratings reflect its commitment to providing a reliable trading environment.
3. Trading Services Offered
Forex Trading Options
OGM offers a comprehensive selection of forex trading options, providing access to over 32 currency pairs. This includes major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations.
Stock Trading Options
Traders at OGM can access a selection of stocks from reputable global exchanges. This provides opportunities for traders to speculate on the performance of well-known companies, including major players in the technology and finance sectors.
CFD Trading Products
OGM specializes in offering Contracts for Difference (CFDs) on various assets, including indices, commodities, and shares. This allows traders to engage in leveraged trading without owning the underlying asset.
Other Financial Instruments
In addition to forex and stocks, OGM provides trading options for commodities such as gold, silver, and oil, as well as cryptocurrencies. The inclusion of cryptocurrencies allows traders to diversify their portfolios further.
Special Services or Unique Advantages
OGM stands out for its educational resources, including the OGM Academy, trading guides, and daily market analysis. These resources are designed to empower traders with the knowledge and skills needed to navigate the financial markets effectively.
4. Regulatory and Legal Background
Detailed Regulatory Information
OGM operates under the regulatory oversight of the FCA in the United Kingdom, which is known for its rigorous standards in financial services. The FCA license number for OGM is 769481, indicating its compliance with regulatory requirements.
Legal Entity Structure by Region
OGM is structured as One Global Market Limited, a UK-based entity. The company is focused on serving clients primarily in the UK and other regions where it is legally allowed to operate.
Client Fund Protection Measures
As an FCA-regulated broker, OGM is required to maintain client funds in segregated accounts. This ensures that clients' funds are protected and not used for operational expenses, providing an additional layer of security.
Countries/Regions Served
OGM serves clients from various countries, primarily focusing on regions where it is authorized to operate under the regulatory frameworks of respective jurisdictions.
Compliance History
OGM has maintained its regulatory compliance since its inception. The FCA's oversight ensures that the broker adheres to industry standards, promoting fair and transparent trading practices.
5. Competitive Landscape
Main Competitors
OGM faces competition from several established brokers in the online trading industry. Key competitors include:
- IG Group: A well-known broker offering a wide range of financial instruments and advanced trading platforms.
- eToro: A social trading platform that allows users to follow and copy the trades of experienced investors.
- Plus500: A CFD broker known for its user-friendly platform and extensive range of tradable assets.
- FXPro: A multi-asset broker providing forex and CFD trading with competitive spreads and a variety of account types.
- AvaTrade: A global broker offering forex and CFD trading with a focus on educational resources for traders.
Positioning in the Industry
OGM positions itself as a user-friendly broker that caters to both novice and experienced traders. Its focus on education and customer support helps it stand out in a competitive market.
Market Differentiation Factors
OGM differentiates itself through its robust educational resources, diverse account offerings, and commitment to regulatory compliance. The availability of both a web-based platform and a mobile app enhances its appeal to traders who value flexibility and accessibility.
In conclusion, OGM is a reputable online broker that offers a diverse range of trading services while adhering to regulatory standards. Its commitment to providing educational resources, a user-friendly trading environment, and a variety of tradable assets positions it as a strong contender in the online trading industry. For traders seeking a reliable platform, OGM presents a viable option worth considering.