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Omegapro Forex Trade-Some important Details about This Broker

WikiFX | 2024-08-09 18:39

Abstract:Omegapro Forex Trade is a licensed investment platform with a focus on forex trading that offers private clients asset management services. For clients who want a self-managing portfolio as well as a smart fund with adjustable time and investment amounts, they offer a dynamic investment solution.

Omegapro Forex Trade Information

Founded in 2018, Omegapro Forex Trade is an unregulated brokerage firm registered in the United States. The platform boasts of its quick withdrawal, stable profits and various investment plans. However, it lacks transparency on trading fees and the profits they promised are nearly impossible. Furthermore, there are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

Omegapro Forex Trade Information

Pros and Cons

Pros Cons
Focus on forex tradingNo valid regulatory certificates
Fast deposit and withdrawal processLimited investment options
Multiple investment plansLack of transparency on trading fees
Various customer support optionsExaggerated profits

Is Omegapro Forex Trade Legit?

Omegapro Forex Trade operates without regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

What Can I Trade on Omegapro Forex Trade?

Omegapro Forex Trade specializes in forex trading. Compare to other online brokerage, this firm doesn't offer as many ways to invest. For example, if you want to trade stocks, futures, or cryptocurrencies, you won't be able to do it here. Whether this is a pro or con for you depends on your investment strategy.

This brokerage also provide a smart fund with flexible time and investment amount. They promise a 100% guaranteed profit on their platform. However, guaranteeing profits in financial markets is highly unusual and often misleading.

Tradable Instruments Supported
Forex✔
Futures❌
Stock❌
ETFs❌
Bonds❌
Crypto❌
What Can I Trade on Omegapro Forex Trade?

Account Types

Like some online brokerages, Omegapro Forex Trade tiers its accounts into three investment plans. But the profits this firm promises to give you seem extremely high. For example, you will earn 500% with the Gold Plan for one day. That's highly unlikely. Investments require time to grow. There's no such thing as a free lunch. And speak of fees, there is no detailed information on the website.

Overall, it may be unwise to try your luck with this brokerage.

Account Types

Deposit and Withdrawal

This broker allows their clients to deposit immediatley after creating the account. The deposit will take no more than 15 minutes to complete. Omegapro Forex Trade also boasts its quick withdrawal process, completed in less than 45 minutes. Bitcoin likely is the only payment accepted by its platform. This could be a huge barrier for some investors.

Deposit and Withdrawal

Customer Support Options

If there's something you need to do that you can't manage online or through the mobile app, you can always reach out to customer support. You have multiple choices, including email (support@omegaproforextrade.com), phone support (+1-928-612-4576), social media channels (Facebook, Youtube, Twitter, etc).

Contact Options Details
Phone+1-928-612-4576
Emailsupport@omegaproforextrade.com
Support Ticket SystemN/A
Online ChatNo
Social MediaFacebook, Youtube, Twitter, etc
Supported LanguageN/A
Website LanguageMultiple
Physical AddressN/A
Customer Support Options

The Bottom Line

Variety is a good thing. That makes it easier to shape your portfolio to fit your risk tolerance, needs and goals. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. Omegapro Forex Trade is a brokerage focusing on forex trading without any valid regulatory certificates. Its promises of huge profits in a short time are unreliable. It's time to find another brokerage.

FAQs

Is Omegapro Forex Trade safe?

Omegapro Forex Trade is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Is Omegapro Forex Trade good for beginners?

No, Omegapro Forex Trade offers limited investment options and the minimum deposit balance for its investment plan is $2000.

Does Omegapro Forex Trade offer leveraged trading?No, Omegapro Forex Trade does not provide leverage trading. It offers a straightforward investment without high risk with leverage.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

DealerBroker

Related broker

No Regulation
Omegapro Forex Trade
Company name:Omegapro Forex Trade
Score
1.45
Website:https://omegaproforextrade.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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