OmegaPro-Overview of Minimum Deposit, Spreads & Leverage

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Founded in 2019, OmegaPro is an online broker registered in England with the company behind it called OmegaPro LTD.

Here is the home page of this brokers official site:

However, as a UK-based broker, not falling under the regulation of FCA, this entity is an unregulated broker.

Note: The screenshot date is January 29, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

OmegaPro offers 200+ trading instruments ranging from forex (70+ currency pairs, including major, minor, and exotic pairs), indices, shares, commodities, ETFs, and options.

Minimum Deposit

OmegaPro requires a minimum deposit of $100. Although this sounds reasonable, traders are not advised to register real trading accounts given the fact that OmegaPro is not regulated.

Leverage

The trading leverage offered by OmegaPro is 500:1, which is considered high. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

OmegaPro does not charge any commissions on trading and instead makes its profit via spreads. However, OmegaPro is vague about its spread conditions.

Trading Platform

When it comes to trading platforms available, what OmegaPro offers is not the MT4 or MT5 trading platform, maybe a proprietary platform. OmegaPro does not make this part clear.

Deposit & Withdrawal

In terms of payment methods working with OmegaPro, traders can fund their accounts through advcash, Bank Transfer, Bitcoin, UnionPay, Ripple Coin, MasterCard, USDT, and Visa.

Customer Support

OmegaPros website is multilingual, and its customer support can be reached through email: support@omegrapro.world, as well as some social media platforms including Twitter, Facebook, Instagram and YouTube. Company address: P.O Box 1510 Beachmont Kingstown St. Vincent And The Grenadines

Pros & Cons

Frequently Asked Questions (FAQs)