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No Regulation
Score
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/10
OGAM
Hong Kong|5-10 years| Fake MT4|Regional Brokers|High potential risk|
http://www.ogamfx.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Counterfeit
6
Server Name
OGAM-Server-1 MT4
Server Location 
Hong Kong
Hong KongContact
fou@demaoyuntian.com
http://www.ogamfx.com
Licenses
No valid regulatory information, please be aware of the risk!
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Broker Information
More
Company Name
OGAM Group
Company Abbreviation
OGAM
Platform registered country and region
Hong Kong
Company website
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2024-05-03
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- It shows that this broker is using fake MT4, please be aware of the risks!
WikiFX Verification
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Exposure
2 pieces of exposure in total Pyramid scheme complaint
ExposeOGAM · Company Summary
General Information & Regulation
OGAM claims to it was launched by a group of professionals with 20 years of investment and banking experience to provide Forex and CFD brokerage services to investors. OGAM has no physical address or even a phone number, and still, is not effectively regulated in any way.
Market Instruments
OGAM's offer is said to a range of financial instruments, including foreign currency pairs, as well as CFDs on indices, commodities, and precious metals.
OGAMMinimum Deposit
OGAM only offers a standard account with the minimum deposit and maximum leverage information and does not offer demo accounts.
OGAM Leverage
OGAM offers no trading leverage related information. Since leverage can amplify gains as well as losses, it is essential for traders to choose proper leverage level in case of heavy fund losses.
Spreads & Commissions
Still, as the core part of forex trading, spreads and commissions details are not provided by this broker. Since OGAM is an unregulated broker, traders should get away from it.
OGAM Trading Platform
OGAM does not provide investors with the industry-leading MT4 trading platform, nor does it provide information on other trading platforms, so clearly a scam.
OGAM Pros & Cons
OGAM Advantages Include:
1. Wide variety of trading assets
OGAM Disadvantages Include:
1. Unregulated & no physical address
2. One account type only
3. No demo accounts available
4. No trading information, such as spreads, commissions, and other fees
5. Non-MT4/MT5 trading platform
6. No information on deposit & withdrawal methods
2
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