Company Profile
Company Profile
Review summary
Note: OMEGAROX's official website - https://omegarox.com/ is currently inaccessible normally.
| OMEGAROX Review Summary | |
| Founded | / |
| Registered Country/Region | China |
| Regulation | No regulation |
| Market Instruments | Forex, indices, commodities, stocks, metals |
| Demo Account | ✅ |
| Leverage | Up to 1:50 |
| EUR/USD Spread | Floating around 0.2 pips |
| Trading Platform | MT4, Sirix |
| Min Deposit | $500 |
| Customer Support | 24/7 support |
| Contact form | |
| Email: support@omegarox.com | |
OMEGAROX Information
OMEGAROX is an unregulated broker registered in China , offering trading on forex, indices, commodities, stocks and metals with leverage up to 1:50 and spread floating from 0.2 pips via MT4 and Sirix trading platforms. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $500.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Inaccessible website |
| Demo accounts | No regulation |
| Multiple account types | Conservative leverage |
| Tight spreads | High minimum deposit requirement |
| MT4 and Sirix platforms | Long withdrawal processing time |
| Popular payment options | Only email support |
| 24/7 support |
Is OMEGAROX Legit?
No. OMEGAROX currently has no valid regulations. Please be aware of the risk!
What Can I Trade on OMEGAROX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Base Currency | Min Deposit | Max Deposit |
| MINI | EUR, USD, GBP | $500 | $5,000 |
| Standard | $5,001 | $10,000 | |
| Gold | $50,000 | / | |
| Platinum | $150,000 | / |
Leverage
The broker offers maximum leverage of 1:50. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Sirix | ✔ | Web, Desktop, Mobile | / |
| MT4 | ✔ | Web, Desktop, Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via all major credit cards (Visa, MasterCard, Maestro), wire transfer, alternative payment methods, such as WebMoney, Skrill, Neteller, etc.
The withdrawal area reveals that the client can take out money via credit card and bank transfer.
Withdrawal requests are usually processed within 5-10 business days. Please note that Withdrawals will only be made to accounts that have completed the verification procedure.
