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OMEGA

Cyprus|10-15 years|
Market Making(MM)|Suspicious Scope of Business|High potential risk|

https://www.omegainvest.com.cy/

Website

Rating Index

Contact

+357 25028920
info@omegainvest.com.cy
https://www.omegainvest.com.cy/
Troodous street 2, Ksenos Building, Office 202 Limassol Agios Athanasios 4105 Cyprus

Licenses

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

Single Core

1G

40G

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Contact number

English

+357 25028920

Broker Information

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Company Name

Omega Funds Investment Limited

Company Abbreviation

OMEGA

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2024-04-26
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

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OMEGA · Company Summary

Note: Omega Funds Investment Limited provides investment and ancillary services mainly to European Union as well as to Singapore, British Virgin Islands, Belize, Cayman Islands, Isle of Man, Switzerland, Marshall Islands, Hong Kong and Republic of Seychelles registered clients.

OMEGA Review Summary
Founded 2009
Registered Country/Region Cyprus
Regulation Regulated by CYSEC
Services & Products Investment, forex spot trading and financial instrument such as transferable securities, derivative contracts and so on
Trading Platforms WTS (IB) and OTS trading platforms
Minimum Deposit N/A
Customer Support Phone, fax and email

What is OMEGA?

OMEGA Funds Investment Limited, a renowned financial institution founded in 2009, specializing in providing investment and ancillary services primarily to clients within the European Union. Registered in Cyprus, OMEGA operates under the regulatory oversight of CYSEC. At OMEGA, clients can access a wide range of investment products and services, including forex spot trading and various financial instruments such as transferable securities and derivative contracts.

OMEGA's trading platforms, namely the Web Trading System with Interactive Brokers (WTS IB) and the Online Trading System (OTS), offer clients advanced tools and features to execute trades efficiently across diverse markets and asset classes.

OMEGA;s homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Diverse Jurisdictional Coverage
  • Speculative Nature of Services
  • Regulatory Compliance
  • Complexity of Derivative Instruments
  • Wide Range of Investment Products
  • Advanced Trading Platforms

Pros of OMEGA Funds Investment Limited:

- Diverse Jurisdictional Coverage: OMEGA serves clients not only within the European Union but also in various international jurisdictions, offering a global reach for investors seeking opportunities in different markets.

- Regulatory Compliance: Registered in Cyprus and regulated by CYSEC, OMEGA adheres to strict regulatory standards, providing clients with a sense of security and confidence in their investment activities.

- Wide Range of Investment Products: OMEGA offers a comprehensive suite of investment products and services, including forex spot trading and various financial instruments such as transferable securities and derivative contracts, catering to the diverse needs and preferences of its clientele.

- Advanced Trading Platforms: The Web Trading System with Interactive Brokers (WTS IB) and the Online Trading System (OTS) provide clients with sophisticated tools and features for efficient trade execution across multiple asset classes and markets.

Cons of OMEGA Funds Investment Limited:

- Speculative Nature of Services: Engaging in forex swaps and other speculative trading activities offered by OMEGA can amplify potential profits but also exposes clients to increased market risks, requiring a deep understanding of financial markets and risk management strategies.

- Complexity of Derivative Instruments: While OMEGA offers a wide range of derivative contracts, including forex swaps, these financial products can be complex and may not be suitable for all investors, particularly those with limited experience in derivative trading.

Is OMEGA Safe or Scam?

OMEGA Funds Investment Limited operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) with a Market Making (MM) License No. 102/09.

regulated by CySEC

CySEC stands as an independent public supervisory Authority entrusted with overseeing the investment services market, transactions involving transferable securities within the Republic of Cyprus, and the collective investment and asset management sector.

This regulatory framework ensures that OMEGA adheres to stringent standards, providing clients with a layer of security and confidence in their investment endeavors. Nevertheless, like any investment venture, there inherently exists a degree of risk.

Services & Products

  • Investment Services by OMEGA:

- Reception and Transmission of Orders: OMEGA facilitates the seamless transmission of orders relating to a diverse range of financial instruments, ensuring efficient execution on behalf of clients.

- Execution of Orders: With expertise and precision, OMEGA executes orders on behalf of clients, navigating various financial markets to achieve optimal outcomes.

- Dealing on Own Account: OMEGA engages in trading activities on its own behalf, leveraging market insights and strategies to capitalize on opportunities across multiple financial instruments.

  • Additional Service:

- Foreign Exchange Spot Trading: OMEGA offers foreign exchange spot trading services, enabling clients to engage in timely and secure currency transactions.

  • Ancillary Services:

- Safekeeping and Administration: OMEGA provides secure safekeeping and meticulous administration of financial instruments on behalf of clients, including custodial services and efficient cash/collateral management.

- Credit Facilities: OMEGA extends credit facilities to investors, empowering them to execute transactions in various financial instruments, leveraging the firms involvement in the transaction.

- Foreign Exchange Services: OMEGA offers foreign exchange services intricately linked to the provision of investment services, ensuring seamless currency transactions to support client needs.

  • Financial Instruments Offered by OMEGA:

- Transferable Securities

- Money-Market Instruments

- Units in Collective Investment Undertakings

- Derivative Contracts: Including options, futures, swaps, forward rate agreements, and other derivatives related to securities, currencies, interest rates, yields, or other financial measures.

- Commodity Derivatives: Covering commodities settled in cash or physically, traded on regulated markets or other trading facilities.

- Credit Risk Transfer Instruments

- Financial Contracts for Differences

- Derivatives Relating to Climatic Variables, Freight Rates, or Inflation Rates: Settlement in cash, providing exposure to diverse economic statistics.

- Other Derivative Contracts: Encompassing assets, rights, obligations, indices, and measures not explicitly mentioned, characterized by their derivative nature.

Services

How to Open an Account?

To open an account with OMEGA, please follow these steps:

Step
1 Contact OMEGA‘s account opening department to initiate the application process.
2 Submit a series of identity documents for account verification purposes.
3 Await approval of the application from OMEGA.
4 Upon approval, activate the account according to OMEGA’s specified procedures.
How to Open an Account?

Trading Platforms

OMEGA provides its clients with two distinct trading platforms: WTS (IB) and OTS.

  • The WTS (IB)

The WTS (IB), or Web Trading System with Interactive Brokers, is a comprehensive online trading platform designed to offer users a user-friendly interface coupled with robust features. It enables traders to execute trades efficiently, access real-time market data, and manage their portfolios seamlessly. With WTS (IB), clients can enjoy a wide range of trading instruments across various asset classes, including stocks, options, futures, and forex. Additionally, the platform integrates advanced charting tools and analytical capabilities, empowering traders to make informed decisions.

  • OTS

On the other hand, OMEGA's OTS, or Online Trading System, provides a more customizable and versatile trading experience. Tailored to meet the diverse needs of traders, OTS offers advanced functionalities such as algorithmic trading, customizable dashboards, and personalized alerts. This platform caters to both novice and experienced traders, offering a flexible environment for executing trades across multiple markets and asset classes. Furthermore, OTS is designed to ensure fast and reliable order execution, enhancing the overall trading experience for OMEGA's clients.

Trading Platforms

FX Swaps

OMEGA extends its forex swaps service to a specialized clientele, comprising professional clients and retail clients possessing substantial expertise and familiarity with derivative financial instruments. However, engaging in this service entails speculation, meaning it can amplify potential profits alongside heightened exposure to risk. This offering caters to individuals who possess a deep understanding of the intricacies of financial markets and are prepared to navigate the inherent complexities associated with speculative trading activities.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Tel: +357 25028920

Fax: +357 25028929

Email: info@omegainvest.com

Address: Troodous street 2, Ksenos Building, Office 202, Limassol, Agios Athanasios, 4105, Cyprus

Conclusion

In conclusion, OMEGA Funds Investment Limited is a well-established financial institution offering a diverse range of investment products and services to clients across multiple jurisdictions. OMEGA operates under the regulatory oversight of CYSEC, ensuring compliance with stringent financial standards and regulations.

While its speculative trading services, including forex swaps, present opportunities for potentially amplified profits alongside heightened exposure to market risks. Clients considering these services should possess a deep understanding of financial markets and be prepared to navigate the complexities associated with speculative trading activities.

Frequently Asked Questions (FAQs)

Q 1: Is OMEGA regulated by any financial authority?
A 1: Yes. It is regulated by CYSEC.
Q 2: How can I contact the customer support team at OMEGA?
A 2: You can contact via tel: +357 25028920, fax: +357 25028929 and email: info@omegainvest.com.
Q 3: What platform does OMEGA offer?
A 3: It offers WTS (IB) and OTS trading platforms.
Q 4: What services and products OMEGA provides?
A 4: It provides investment, forex spot trading and financial instruments such as transferable securities, derivative contracts and so on.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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FX1660296406
more than one year
New Account Holder only few days that my account becomes negative, not a nice feel and not a good experience. A litter bit disappointed.
2024-03-28 12:06
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more than one year
50000.00
2022-10-23 00:14
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