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/10

OGFX

Australia|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|Suspicious Overrun|High potential risk|

http://www.ogfx.com.au/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
OceanGlobal-Demo MT4
Server Location United States

Contact

61 1300 459 688
service@ogfx.com.au
http://www.ogfx.com.au/

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

61 1300 459 688

Chinese (Simplified)

611300459688

Broker Information

More

Company Name

OCEAN GLOBAL MARKETS LTD

Company Abbreviation

OGFX

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-02-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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OGFX · Company Summary

Risk Warning: This OGFX is a clone broker posing as a legit one to misunderstand people, and it has nothing to do with another Ocean Global Markets (short for OGFX). Please be aware of the potential scam.

basic-info

General Information

Registered in Australia, this OGFX is presents itself as a forex broker providing a series of trading instruments through the advanced MT4 trading platform.

Please note this OGFX is pretending a legit forex broker by using the same name of another Ocean Global Market. It has been verified that this broker currently has no valid regulatory. Please be aware of the risk.

WikiFX Field Survey

This WikiFX field survey team paid a visit to this OGFX‘s official address at Suite 706, 1-5 Railway Street, CHATSWOOD, NSW 2067. However, the team confirmed that the broker OGFX’s real address is not consistent with its regulatory address.

field-survey

Leverage

This OGFX does not elaborate on what leverage ratio it provides. Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

This OGFX provides access to the industry-leading MT4 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as a robust charting package, technical indicators, as well as EA (Expert Advisors) supported.

Customer Support

Clients with any inquiries or trading-related issues can get in touch with this broker through the following contact channels:

Telephone: 61 1300 459 688 (English), 611300459688 (Chinese)

Email: service@ogfx.com.au

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

User Reviews

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FX1124529268
more than one year
Again I try to cancel my account. I sent an email but do they care about reply you? No, they don´t reply if you want to cancel your account and take out the money.
2022-12-07 17:26
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