Company profile
Note: OFX Market's official website: https://www.ofxmarket.com is currently inaccessible normally.OFX MarketReview SummaryFounded/Registered Country/RegionUnited KingdomRegulationNo regulationMarket InstrumentsForexShares & OptionsMetalsCommoditiesIndicesDemo Account✅Leverage/Spread/Trading PlatformMT5Min Deposit/Customer SupportEmail: contact@ofxmarket.comSocial Media: Facebook, Twitter, Instagram, Youtube, LinkedinPhysical Address: Kemp House 160 City Road London-United Kigdom EC1V 2NXOFX Market Information OFX Market is a UK incorporated brokerage offering products including Forex, Shares& Options, metals, commodities and indices that support traders using MT5. At present, the official website of the brokerage is not accessible and is in an unregulated status.Pros and ConsPros Cons Support MT5No regulationOffer demo accountOfficial website cannot be accessedNo deposit and withdrawal informationIs OFX Market Legit? OFX Market is currently unregulated and its website is not accessible.What Can I Trade on OFX Market? Products that the OFX Market allows traders to trade include Forex, Shares & Options, Metals, Commodities and Indicies.Tradable Instruments Supported Forex✔Shares & Options✔Metals✔Commodities✔Indices✔Stocks❌Bonds❌ETF❌Account Types OFX Market provides 2 types of accounts: Live Account and Demo Account.Trading Platform OFX Market offers the MT5 platform, which is available on both desktop and mobile, i.e. Windows, Android and IOS.Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, MobileBeginnerMT4❌
Is OFX Market safe or scam
FX1366052774
Cyprus
Opening a Micro account only requires 5 dollars, which is quite friendly for new beginners. However, the spread is not competitive as other brokers, 1.9 pips are higher than the average 1.5 pips. Also, new beginners are not advised to use too high a leverage ratio, which means higher risks. What’s worse, I didn’t find any regulatory licenses for this broker. Anyway, be careful.
37130
2023-03-14