Score

1.43 /10
Danger

Oneforex

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

One Forex Group Limited

Company Abbreviation

Oneforex

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Oneforex · Company summary
Aspect Information
Company Name OneForex Global
Registered Country/Area United Kingdom
Founded Year 2-5 years
Regulation Not regulated
Market Instruments Forex, Stock Exchanges, Cryptocurrency, Asset Management, Financial Analysis
Account Types Student Account
Customer Support Email: admin@oneforexglobal.com, Phone: (868) 799-5473
Deposit & Withdrawal Platform offers education, not trading
Educational Resources Courses on Forex trading, technical analysis, market sentiment, liquidity, trading plans, and the business of the market. Bonus section with additional courses available.

Overview of Oneforex

OneForex Global appears to be an educational platform focused on financial literacy, particularly in areas like Forex trading, cryptocurrency, and stock exchanges. Their courses cover a wide range of topics from technical analysis to the business of the market.

However, it's important to note that there is no mention of regulatory oversight, which is a cause for caution. OneForex offers individual courses for purchase, but doesn't have traditional account types or features like minimum deposit or leverage, since their focus is on education, not trading itself. They do provide customer support via email and phone.

Overview of Oneforex

Pros and Cons

Pros Cons
Wide range of educational resources Lack of regulatory oversight
Structured learning format Limited trading functionality
Experienced instructors No demo account available
Bonus courses available
Responsive customer support

Pros

  • Wide Range of Educational Resources: OneForex Global offers a comprehensive library of courses that cover a broad spectrum of financial topics. This includes Forex trading, stock exchanges, cryptocurrency, asset management, and financial analysis. Whether you're a complete beginner or looking to refine your existing knowledge, there's likely a course that satisfies your needs.

  • Structured Learning Format: The courses are designed with a clear structure, making it easy for students to follow along and grasp the concepts effectively. This structured approach can be particularly helpful for those who prefer a guided learning experience.

  • Experienced Instructors: OneForex Global highlights that their courses are led by instructors with expertise in their respective financial fields. This can give you confidence that you're learning from qualified professionals who have a deep understanding of the subject matter.

  • Bonus Courses Available: In addition to the core curriculum, OneForex Global offers bonus courses that delve deeper into specific areas of interest. This can be a great way to expand your knowledge on particular topics that pique your curiosity.

  • Responsive Customer Support: OneForex Global provides customer support via email and phone, ensuring that you can get help if you encounter any issues or have questions while enrolled in a course. This level of support can be valuable for troubleshooting any roadblocks in your learning journey.

Cons

  • Lack of Regulatory Oversight: OneForex Global does not explicitly mention having any regulatory licenses. This is a major concern, as financial education platforms dealing with real-world financial instruments often require regulatory oversight to ensure consumer protection. The absence of regulation raises questions about the platform's accountability and the potential security risks for your information.

  • Limited Trading Functionality: It's important to understand that OneForex Global is primarily an educational platform and does not offer features like direct trading services or account types typically found on brokerage platforms. While they provide education on financial markets, they are not a platform for actively trading those markets.

  • No Demo Account Available: Unlike some trading platforms, OneForex Global doesn't offer a demo account. This can be a disadvantage for those who want to test out the platform's educational resources and see if it's a good fit before committing to a paid course.

Regulatory Status

OneForex does not explicitly mention having any regulatory licenses. This is a significant detail to consider, as financial education platforms dealing with real-world financial instruments like Forex and stock exchanges often require regulatory oversight to ensure consumer protection.

Market Instruments

OneForex Global offers educational programs on financial topics aimed at increasing financial literacy. Their courses cover Forex trading, including basics like brokers and spreads, along with technical and fundamental analysis. They also have programs on stock exchanges, cryptocurrency (including fundamentals, volatility, and stablecoins), as well as asset management and financial analysis.

Market Instruments

How to Open an Account?

Here's a guide on opening an account on OneForex:

  1. Create an Account: Visit the OneForex Global website (https://oneforexglobal.com/) and click on the “Registration” button. Enter your email address, create a password, and select your country of residence.

  2. Complete Personal Information: Provide your full name and contact information.

  3. Choose a Course: Select the course that you are interested in from the available options. OneForex Global offers a variety of courses on Forex trading, stock exchanges, cryptocurrency, and more.

  4. Start Learning: Once you have registered and selected a course, you can begin learning immediately. OneForex Global's courses are self-paced, so you can learn at your own convenience.

How to Open an Account?

Customer Support

OneForex provides comprehensive customer support to ensure its clients receive prompt assistance and guidance whenever needed. Their support team, accessible via email at admin@oneforexglobal.com and phone at (868) 799-5473, is well-equipped to address inquiries, resolve issues, and provide guidance on trading activities.

Customer Support

Educational Resources

OneForex offers an extensive range of educational resources aimed at empowering traders with the knowledge and skills needed to excel in the forex market. Their courses cover a wide array of topics, including technical analysis, market sentiment, liquidity, trading plans, and the business aspects of the market.

Each course is meticulously designed to provide valuable insights and practical strategies, satisfying both novice traders looking to build a strong foundation and experienced traders seeking to enhance their expertise and each course costs $115. There's also a bonus section with three unnamed classes priced at $115 each.

Educational Resources

Conclusion

OneForex Global offers a comprehensive set of courses on various financial topics like Forex trading and cryptocurrency, along with experienced instructors and responsive customer support. However, a major drawback is the lack of regulatory oversight, raising concerns about consumer protection and the security of your funds.

Additionally, OneForex Global focuses on education, not trading, and doesn't offer features like demo accounts or direct trading services. So, while it might be a good resource for those seeking financial literacy, it's not suitable for those looking to actively trade in the markets.

FAQs

Question: What does OneForex Global offer?

Answer: OneForex Global is an educational platform that provides courses on a wide range of financial topics, including Forex trading, stock exchanges, cryptocurrency, asset management, and financial analysis.

Question: Is OneForex Global a good fit for me?

Answer: OneForex Global can be a valuable resource if you're looking to improve your financial literacy and gain knowledge about various financial markets.

Question: How much do OneForex Global's courses cost?

Answer: Each course costs $115.

Question: Does OneForex Global have a demo account?

Answer: No, OneForex Global doesn't currently offer a demo account.

Question: Is OneForex Global regulated?

Answer: There's no mention of regulatory oversight on OneForex Global's website.

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A.小夏
more than one year
I read elsewhere that this oneforex company is a forex scammer and has been wanted by the relevant agencies! Hopefully the scammers will be punished so maybe there will be fewer scammers.
I read elsewhere that this oneforex company is a forex scammer and has been wanted by the relevant agencies! Hopefully the scammers will be punished so maybe there will be fewer scammers.
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2023-03-09 17:09
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