OWM Forex Broker

OWM Review SummaryFounded2017Registered Country/RegionVanuatuRegulationOffshore regulated by VFSCMarket InstrumentsForex, Commodities, share CFDs, CFDs on futuresDemo Account/EUR/USD Spread/Leverage/Trading PlatformMT4Minimum Deposit/Customer SupportPhone: +678 29666Email: support@owmtrade.comRegistered address: First Floor, B&P House Lini Highway, Port Vila, VanuatuRestricted AreasUnited States, Hong Kong, Japan and the Islamic RepublicOWM Information OWM, with full name Oriental Wealth Markets Limited, was founded in the capital of Vanuatu in 2017 and established 3 branches in Hong Kong, Jakarta and Kuala Lumpur in the following years. It offers trading services in forex, commoditis and share CFDs. MetaTrader 4 is available for clients to execute trades. Besides, OWM implements several customer protection measures such as fund segregation, insurance protection. And it equips investors with necessary knowledge by providing ample educational resources, from the entry-level terminology explanation, to the seasoned market analysis. However, the broker does not disclose much information about its trading conditions, leaving investors in the dark about their estimated trading costs. What's worse, the company is offshore regulated by VFSC only, which indicates less powerful supervision on its financial activities by this authority.Pros and ConsPros Cons MT4 platformOffshore VFSC regulatedFund segregationLimited transparency on trading conditionsAbundant educational resources14 exposures on WikiFXIs OWM Legit? OWM is currently offshoreregulated by VFSC (Vanuatu Financial Services Commission), FSA (The Seychelles Financial Services Authority) with license no. 40299. However, the VFSC is only offshore regulating the company, which impair the force of supervision. Take this into consideration before trading with OWM.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.VFSCOffshore RegulatedORIENTAL WEALTH MARKETS LIMITEDRetail Forex License40299What Can I Trade on OWM?Tradable Instruments Supported Forex✔Commodities✔Share CFDs✔CFDs on futures✔Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Trading Platform OWM claims to use the world renowned MetaTrader 4 platforms, which is well-recognized by its advanced charting tools and robust functionalities. You can access the platform via web, mobile phones and Windows devices.Trading PlatformSupported Available Devices Suitable forMT4✔Web, mobile, WindowsBeginnersMT5❌Web, mobile, Windows, MacExperienced traders