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OWM, or Oriental Wealth Markets, was established in 2017. The company was founded with the vision of providing a professional trading platform for forex and other financial instruments, catering to both novice and experienced traders.
OWM operates as an independent entity under the ownership of Oriental Wealth Markets Limited. The company is structured to facilitate efficient trading services while ensuring a high level of customer service.
The headquarters of OWM is located in Port Vila, Vanuatu. This strategic location allows the company to operate in a favorable regulatory environment while serving clients globally.
OWM offers a diverse range of trading services internationally, with a focus on forex, commodities, stocks, and CFDs. The platform provides access to various financial markets, enabling traders to engage in multiple asset classes.
OWM claims regulation by the Vanuatu Financial Services Commission (VFSC). However, it is important to note that there are concerns regarding the validity and enforcement of this regulation, as reports indicate a lack of substantial oversight.
Since its inception, OWM has made significant strides in the financial trading industry. The company has developed a robust trading platform and has expanded its service offerings to include a wide range of financial instruments.
OWM has focused on expanding its reach by offering services in various regions, including Asia and beyond. The platform has evolved to include multiple languages and support for diverse trading instruments.
Over the years, OWM has successfully attracted a growing customer base, driven by its competitive trading conditions and educational resources. The company has positioned itself as a reliable option for traders seeking a comprehensive trading experience.
The OWM trading platform is built on the widely-used MetaTrader 4 (MT4) technology, which provides advanced trading tools and features. The platform has undergone continuous updates to enhance user experience and trading capabilities.
OWM has been recognized for its commitment to customer service and trading excellence, receiving various international trader awards over the years. These accolades reflect the company's dedication to providing a high-quality trading environment.
OWM offers a broad selection of forex trading options, providing access to more than 100 currency pairs. This includes major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as a range of minor and exotic pairs.
Through its platform, OWM allows traders to buy and sell shares of large companies listed on major exchanges like NYSE and NASDAQ. This service is designed to eliminate the fees and complexities often associated with traditional stock trading.
OWM provides a variety of Contracts for Difference (CFDs) across different asset classes, including indices, commodities, and stocks. This allows traders to speculate on price movements without owning the underlying assets.
In addition to forex and stocks, OWM offers trading in commodities such as gold, silver, and crude oil, as well as cryptocurrencies like Bitcoin and Ethereum. This diverse range of instruments enables traders to capitalize on various market opportunities.
OWM distinguishes itself with features such as zero-commission trading on certain accounts, competitive spreads, and access to advanced trading tools. The platform also offers educational resources to enhance traders' knowledge and skills.
OWM operates under the regulatory oversight of the Vanuatu Financial Services Commission (VFSC). However, the effectiveness of this regulation has been questioned, and there are reports of clients experiencing difficulties with withdrawals and other issues.
OWM is registered as Oriental Wealth Markets Limited in Vanuatu. The company also has a presence in regions like Hong Kong and Indonesia, where it provides localized services to clients.
While OWM claims to implement measures for client fund protection, including fund segregation and insurance, the lack of robust regulation raises concerns about the effectiveness of these protections.
OWM serves clients globally, though it does not offer services to residents of certain countries, including the United States, Japan, and Iran. The platform aims to cater to a diverse international clientele.
OWM has faced scrutiny regarding its compliance with regulatory standards. Reports of withdrawal issues and customer complaints highlight the need for potential improvements in its operational practices.
OWM competes with several key players in the forex and trading industry, including:
OWM positions itself as a competitive option for traders seeking a user-friendly platform with diverse trading options. However, its lack of robust regulation may deter some potential clients compared to more established competitors.
OWM differentiates itself through its focus on customer service, educational resources, and a wide range of financial instruments. The platform's use of the MT4 trading technology also appeals to traders seeking familiarity and advanced features.
In summary, OWM has established itself as a player in the forex trading market since its founding in 2017. While the company offers a range of trading services and has experienced growth in its customer base, concerns about its regulatory status and client fund protection measures warrant careful consideration by potential traders. As with any trading platform, thorough research and due diligence are essential before engaging in trading activities.
For more information about OWM, you can visit their official website here.
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